Quick charity verification for Wpl Foundation (EIN: 202514470)
Verdict: Wpl Foundation shows mixed signals
60/100Mission Score
$6.9MRevenue
$17.9MAssets
3Red Flags
2Strengths
Red Flags
Consistent and significant deficit spending (expenses far exceeding reported revenue) in recent years, e.g., $1.8M expenses vs $460K revenue in 2020.
Discrepancy between 'Latest Revenue' provided ($6,868,750) and detailed annual revenues in filing history (e.g., $460,378 in 2020), which requires clarification.
Lack of reported officer compensation across all filings, which could indicate a lack of transparency regarding executive pay or an unusual operational structure for an organization with significant assets.
Strengths
Substantial asset base ($17,911,936 in 2020) provides financial stability and capacity for long-term operations.
Low liabilities ($1 in 2020 and 2019) indicate a healthy balance sheet with minimal debt.
Spending Breakdown
How Wpl 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 Wpl Foundation
Is Wpl Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Wpl Foundation (EIN: 202514470) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
Is Wpl Foundation a good charity to donate to?
Wpl Foundation has a Mission Score of 60/100. Revenue: $6.9M. Assets: $17.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wpl Foundation?
The Employer Identification Number (EIN) for Wpl Foundation is 202514470. 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 Wpl Foundation spend its money?
Wpl Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wpl Foundation's tax-exempt status?
You can verify Wpl Foundation's tax-exempt status using EIN 202514470 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 Wpl Foundation exhibits a highly unusual financial profile based on its IRS 990 filings. While the latest reported assets are substantial at $17,911,936, the revenue figures for recent periods (e.g., $460,378 in 2020 and $283,969 in 2019) are significantly lower than the reported expenses ($1,844,095 in 2020 and $1,711,441 in 2019). This consistent pattern of expenses vastly exceeding revenue, especially when juxtaposed with the substantial asset base, suggests that the organization is likely drawing down on its endowment or other investment income, which is not fully captured in the 'Revenue' line item as presented in the provided data. The historical filings from 2011-2015 show minimal activity with revenues and expenses in the hundreds, indicating a significant shift in scale and financial activity in more recent years. The lack of reported officer compensation across all filings suggests either a volunteer-led organization or that compensation is structured in a way not captured under 'Officer Comp' on the 990, which warrants further investigation for full transparency. The provided 'Latest Revenue' of $6,868,750 does not align with the detailed filing history, creating a discrepancy that impacts the overall assessment of financial health and transparency without further clarification.