Is Wolff Family Foundation Legit?

Spending Breakdown

How Wolff Family Foundation allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

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 Wolff Family Foundation

Is Wolff Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Wolff Family Foundation (EIN: 207190926) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Wolff Family Foundation a good charity to donate to?

Wolff Family Foundation has a Mission Score of 65/100. Revenue: $457K. Assets: $261K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Wolff Family Foundation?

The Employer Identification Number (EIN) for Wolff Family Foundation is 207190926. 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 Wolff Family Foundation spend its money?

Wolff Family Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Wolff Family Foundation's tax-exempt status?

You can verify Wolff Family Foundation's tax-exempt status using EIN 207190926 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 Wolff Family Foundation exhibits inconsistent financial performance over the past decade, with significant fluctuations in both revenue and expenses. For instance, revenue peaked at $1,118,270 in 2019 but dropped to $342,874 in 2022 before rebounding to $545,705 in 2023. Expenses have often exceeded revenue, notably in 2023 where expenses of $726,324 outstripped revenue of $545,705, leading to a decrease in assets from $249,004 in 2022 to $68,385 in 2023. This pattern suggests a reliance on prior year reserves or fluctuating donor contributions.

The organization's financial health appears somewhat volatile, with assets showing considerable swings, from a low of $31,051 in 2015 to a high of $469,731 in 2021, then declining significantly in recent years. The consistent reporting of zero officer compensation across all filings indicates good stewardship regarding executive pay, which is a positive sign for donor confidence. However, the recurring deficit spending in recent years (e.g., 2022 and 2023) warrants closer examination to understand its sustainability and impact on long-term program delivery.

Transparency is generally good given the consistent filing of IRS Form 990s and the clear reporting of financial figures. The absence of reported liabilities in most years is also a positive indicator. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories within the provided data, a precise assessment of spending efficiency is challenging. The overall picture suggests an organization that is actively engaged but needs to stabilize its financial inflows relative to its outflows to ensure consistent impact.

Verdict: Wolff Family Foundation shows mixed signals

Red Flags

Strengths