Is Wolstencroft Family Foundation Legit? —…

Quick charity verification for Wolstencroft Family Foundation (EIN: 133976344)

Strengths

Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Maintains a substantial asset base (over $16 million) providing long-term financial stability.
Minimal liabilities ($0 or $1 reported in most filings) demonstrating strong financial health.
Consistent IRS 990 filing history (10 filings) indicates strong transparency and compliance.

Spending Breakdown

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

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Wolstencroft Family Foundation

Is Wolstencroft Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Wolstencroft Family Foundation (EIN: 133976344) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.

Is Wolstencroft Family Foundation a good charity to donate to?

Wolstencroft Family Foundation has a Mission Score of 92/100. Revenue: $2.4M. Assets: $16.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Wolstencroft Family Foundation?

The Employer Identification Number (EIN) for Wolstencroft Family Foundation is 133976344. 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 Wolstencroft Family Foundation spend its money?

Wolstencroft Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Wolstencroft Family Foundation's tax-exempt status using EIN 133976344 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 Wolstencroft Family Foundation demonstrates consistent financial activity, with assets generally stable around $16-17 million over the past decade, peaking at $17,982,952 in 2013 and currently at $16,248,291. Revenue has fluctuated significantly, from a low of $256,834 in 2014 to a high of $3,018,982 in 2021, indicating reliance on variable funding sources. Expenses have shown a gradual increase over time, from $780,608 in 2011 to $1,504,618 in 2023. The foundation consistently reports zero officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds for its charitable purpose. The foundation's liabilities have been consistently minimal, often reported as $0 or $1, suggesting a healthy balance sheet and low financial risk.

In terms of financial health, the foundation appears stable, maintaining a substantial asset base relative to its annual expenses. While the 2023 period showed expenses ($1,504,618) exceeding revenue ($942,631), this is not uncommon for foundations that draw from endowments or have fluctuating grant cycles. The long-term trend of increasing expenses alongside fluctuating revenue suggests careful management of its endowment to sustain its grant-making activities. The consistent reporting of zero officer compensation is a significant positive for spending efficiency and transparency, as it implies that administrative costs related to leadership salaries are non-existent, allowing more funds to be directed towards programs.

Overall, the Wolstencroft Family Foundation exhibits strong financial transparency through its consistent IRS 990 filings and a clear commitment to minimizing administrative overhead by not compensating its officers. Its financial health is robust, supported by a substantial asset base, despite variations in annual revenue. The foundation's operational model appears geared towards maximizing its programmatic impact by keeping leadership costs at zero.

Is Wolstencroft Family Foundation Legit?

Verdict: Wolstencroft Family Foundation appears trustworthy

Red Flags