Quick charity verification for Wilbert Foundation (EIN: 10747500)
Verdict: Wilbert Foundation appears trustworthy
85/100Mission Score
$298KRevenue
$1.1MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data makes precise efficiency analysis challenging.
Strengths
Consistent asset growth, increasing from $368,278 in 2011 to $902,785 in 2023.
Extremely low liabilities, often reported as $1, indicating strong financial health and minimal debt.
0% officer compensation reported across all filings, suggesting highly efficient or volunteer-led executive management.
Positive net income in most years, indicating the ability to cover expenses and build reserves.
Spending Breakdown
How Wilbert Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Wilbert Foundation
Is Wilbert Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Wilbert Foundation (EIN: 10747500) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Wilbert Foundation a good charity to donate to?
Wilbert Foundation has a Mission Score of 85/100. Revenue: $298K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wilbert Foundation?
The Employer Identification Number (EIN) for Wilbert Foundation is 10747500. 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 Wilbert Foundation spend its money?
Wilbert Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wilbert Foundation's tax-exempt status?
You can verify Wilbert Foundation's tax-exempt status using EIN 10747500 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 Wilbert Foundation demonstrates consistent financial growth and strong asset accumulation over the past decade, with assets growing from $368,278 in 2011 to $902,785 in 2023. The organization consistently reports very low liabilities, often just $1, indicating sound financial management and minimal debt. Their revenue has fluctuated but shows an upward trend, reaching $221,286 in 2022 and $122,171 in 2023, while expenses have remained relatively controlled, peaking at $86,610 in 2019 and $69,895 in 2023. This suggests the foundation is effectively managing its resources and building its endowment.
One notable aspect is the consistent reporting of 0% officer compensation across all available filings. This indicates that the foundation's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive sign for donor confidence regarding administrative overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency beyond the overall revenue-to-expense ratio.
Overall, the Wilbert Foundation appears to be a financially stable organization with a strong balance sheet and a history of growth. The lack of officer compensation is a significant positive for transparency and efficiency. Further detailed expense breakdowns would enhance the assessment of their program delivery efficiency.