Alpha A@Wetenkamp Charitable Trust
Alpha A@Wetenkamp Charitable Trust accumulates millions in revenue with minimal reported expenses in 2023.
EIN: 207086634 · Wauwatosa, WI · NTEE: T20 · Updated: 2026-03-28
Is Alpha A@Wetenkamp Charitable Trust Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alpha A@Wetenkamp Charitable Trust directs 5% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Alpha A@Wetenkamp Charitable Trust
Alpha A@Wetenkamp Charitable Trust (EIN: 207086634) is a nonprofit organization based in Wauwatosa, WI, classified under NTEE code T20. The organization reported total revenue of $4.4M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alpha A@Wetenkamp Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alpha A@Wetenkamp Charitable Trust with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 90%
- programs: 5%
- fundraising: 5%
According to IRS 990 filings, Alpha A@Wetenkamp Charitable Trust allocates its expenses as follows: admin: 90%, programs: 5%, fundraising: 5%. Only 5% is directed toward programs, which may warrant further investigation by donors.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly unusual for an organization managing millions in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Alpha A@Wetenkamp Charitable Trust's IRS 990 filings:
- Extremely low expense ratio relative to revenue in 2023 ($118,393 expenses vs. $4,604,734 revenue), raising questions about active program engagement.
- Dramatic and sudden increase in revenue and assets in 2023 without a corresponding increase in reported expenses.
- Consistent 0% officer compensation across all filings for an organization managing millions in assets, which is highly unusual.
- Lack of clear indication of how the substantial accumulated assets are being or will be used for charitable purposes.
Strengths
The following positive indicators were identified for Alpha A@Wetenkamp Charitable Trust:
- No reported officer compensation, indicating potential for funds to be directed entirely to mission if effectively deployed.
- Significant asset base ($4,533,513 in 2023) provides a strong financial foundation for future charitable activities.
Frequently Asked Questions about Alpha A@Wetenkamp Charitable Trust
Is Alpha A@Wetenkamp Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Alpha A@Wetenkamp Charitable Trust (EIN: 207086634) significant concerns. Mission Score: 40/100. 4 red flags identified, 2 strengths noted.
How does Alpha A@Wetenkamp Charitable Trust spend its money?
Alpha A@Wetenkamp Charitable Trust directs 5% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alpha A@Wetenkamp Charitable Trust tax-deductible?
Alpha A@Wetenkamp Charitable Trust is registered as a tax-exempt nonprofit (EIN: 207086634). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the Alpha A@Wetenkamp Charitable Trust's primary charitable activity given its low expense ratio relative to revenue?
The 2023 filing shows $4,604,734 in revenue against only $118,393 in expenses, suggesting its primary activity might be asset management and accumulation rather than direct program delivery or significant grantmaking in that specific period. Further details on grant disbursements would be needed to fully understand its charitable impact.
Why did the organization's revenue and assets increase so dramatically in 2023 compared to previous years?
The revenue jumped from $2 in 2022 to over $4.6 million in 2023, and assets from $47,172 to over $4.5 million. This indicates a significant, likely one-time, contribution or endowment that dramatically altered its financial scale.
How does the Alpha A@Wetenkamp Charitable Trust plan to utilize its accumulated assets of over $4.5 million?
With over $4.5 million in assets and minimal expenses in 2023, the trust's strategy for deploying these funds for charitable purposes is unclear from the provided data. It suggests a long-term investment or future grantmaking strategy.
Filing History
IRS 990 filing history for Alpha A@Wetenkamp Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Alpha A@Wetenkamp Charitable Trust's revenue has grown by 587988.6%, moving from $783 to $4.6M. Total assets increased by 2631.3% over the same period, from $166K to $4.5M. Total functional expenses rose by 10258.1%, from $1K to $118K. In its most recent filing year (2023), Alpha A@Wetenkamp Charitable Trust reported a surplus of $4.5M, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $118K | $4.5M | $1 | — | View 990 |
| 2022 | $2 | $525 | $47K | $1 | — | View 990 |
| 2021 | $16 | $16K | $48K | $1 | — | — |
| 2020 | $15K | $16K | $63K | $1 | — | — |
| 2019 | $536 | $11K | $64K | $1 | — | View 990 |
| 2015 | $658 | $11K | $106K | $1 | — | View 990 |
| 2014 | $200 | $26K | $115K | $1 | — | View 990 |
| 2013 | $918 | $4K | $141K | $1 | — | View 990 |
| 2012 | $309 | $22K | $144K | $1 | — | View 990 |
| 2011 | $783 | $1K | $166K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $118K, and assets of $4.5M (revenue +230236600.0% year-over-year).
- 2022: Revenue of $2, expenses of $525, and assets of $47K (revenue -87.5% year-over-year).
- 2021: Revenue of $16, expenses of $16K, and assets of $48K (revenue -99.9% year-over-year).
- 2020: Revenue of $15K, expenses of $16K, and assets of $63K (revenue +2706.0% year-over-year).
- 2019: Revenue of $536, expenses of $11K, and assets of $64K (revenue -18.5% year-over-year).
- 2015: Revenue of $658, expenses of $11K, and assets of $106K (revenue +229.0% year-over-year).
- 2014: Revenue of $200, expenses of $26K, and assets of $115K (revenue -78.2% year-over-year).
- 2013: Revenue of $918, expenses of $4K, and assets of $141K (revenue +197.1% year-over-year).
- 2012: Revenue of $309, expenses of $22K, and assets of $144K (revenue -60.5% year-over-year).
- 2011: Revenue of $783, expenses of $1K, and assets of $166K.
Data Sources and Methodology
This transparency report for Alpha A@Wetenkamp Charitable Trust is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.