Quick charity verification for Wiegand Foundation Inc (EIN: 200554645)
Verdict: Wiegand Foundation Inc appears trustworthy
92/100Mission Score
$105KRevenue
$1.1MAssets
1Red Flags
5Strengths
Red Flags
Significant fluctuation in annual revenue, making consistent operational planning potentially challenging (e.g., $1,164,848 in 2019 vs. $91,135 in 2022).
Strengths
Consistently reports zero liabilities, indicating excellent financial stability.
Zero officer compensation across all filings, demonstrating highly efficient use of funds.
Strong and growing asset base, reaching over $1.1 million in 2023, providing long-term financial security.
Consistent IRS 990 filing history, indicating good transparency and compliance.
High program spending ratio due to minimal administrative and fundraising costs.
Spending Breakdown
How Wiegand Foundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Wiegand Foundation Inc
Is Wiegand Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wiegand Foundation Inc (EIN: 200554645) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Wiegand Foundation Inc a good charity to donate to?
Wiegand Foundation Inc has a Mission Score of 92/100. Revenue: $105K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wiegand Foundation Inc?
The Employer Identification Number (EIN) for Wiegand Foundation Inc is 200554645. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Wiegand Foundation Inc spend its money?
Wiegand Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wiegand Foundation Inc's tax-exempt status?
You can verify Wiegand Foundation Inc's tax-exempt status using EIN 200554645 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Wiegand Foundation Inc. demonstrates a strong financial position with consistent asset growth, reaching $1,112,087 in 2023, significantly higher than its $210,040 in 2012. The organization consistently reports zero liabilities and zero officer compensation, indicating excellent financial health and a commitment to minimizing administrative overhead. While revenue has fluctuated, with a notable spike in 2019 to $1,164,848, the foundation has maintained a healthy asset base. Its spending efficiency appears strong, as evidenced by the absence of officer compensation and low liabilities, suggesting that resources are primarily directed towards its mission. The consistent filing of IRS Form 990s over many years, coupled with the detailed financial disclosures, points to a high level of transparency. The foundation's financial management practices appear sound, prioritizing asset preservation and program delivery without incurring debt or high executive costs.