Is Wolferts Roost Inc Legit?

Quick charity verification for Wolferts Roost Inc (EIN: 141187970)

Verdict: Wolferts Roost Inc appears trustworthy

70/100Mission Score

$5.9MRevenue

$4.0MAssets

3Red Flags

3Strengths

Red Flags

Liabilities consistently exceed assets in recent years (e.g., 2023: $4,395,088 liabilities vs. $3,940,677 assets), indicating potential long-term financial strain.
Lack of detailed spending breakdown (program, admin, fundraising) prevents a full assessment of spending efficiency.
NTEE code is unknown, making it difficult to benchmark against peer organizations.

Strengths

Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship or volunteer leadership.
Generally manages to keep expenses close to or below revenue in recent years (e.g., 2023 revenue $4,805,848 vs. expenses $4,749,436), showing operational control.
Long filing history (14 filings) suggests established operations and commitment to transparency through IRS reporting.

Spending Breakdown

How Wolferts Roost Inc allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

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 Wolferts Roost Inc

Is Wolferts Roost Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Wolferts Roost Inc (EIN: 141187970) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Wolferts Roost Inc a good charity to donate to?

Wolferts Roost Inc has a Mission Score of 70/100. Revenue: $5.9M. Assets: $4.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Wolferts Roost Inc?

The Employer Identification Number (EIN) for Wolferts Roost Inc is 141187970. 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 Wolferts Roost Inc spend its money?

Wolferts Roost Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Wolferts Roost Inc's tax-exempt status?

You can verify Wolferts Roost Inc's tax-exempt status using EIN 141187970 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

Wolferts Roost Inc. demonstrates a consistent operational history with revenues generally exceeding expenses in recent years, indicating a stable financial position. For example, in 2023, revenue was $4,805,848 against expenses of $4,749,436, resulting in a surplus. However, the organization's liabilities have frequently exceeded its assets, as seen in 2023 ($4,395,088 liabilities vs. $3,940,677 assets) and 2022 ($5,000,747 liabilities vs. $4,489,924 assets), which could signal potential long-term financial strain or reliance on debt. The consistent reporting of 0% officer compensation across all available filings suggests strong financial transparency regarding executive pay, or that officers are not compensated, which is a positive indicator for donor confidence.

The organization's spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the overall trend of managing expenses close to revenue suggests a degree of operational control. The significant fluctuations in assets and liabilities over the years, such as assets decreasing from $4,489,924 in 2022 to $3,940,677 in 2023, warrant closer examination to understand the underlying causes and their impact on the organization's long-term sustainability. The lack of an NTEE code also makes it difficult to benchmark against similar organizations.

Overall, while Wolferts Roost Inc. appears to be managing its annual operations effectively with revenues generally covering expenses, the persistent asset-to-liability imbalance and the absence of detailed spending categories are areas that could benefit from increased transparency for a more comprehensive financial health assessment. The consistent zero officer compensation is a notable strength in terms of financial stewardship.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.