Andy Schatz And Barbara Wolf Family Foundation Inc
EIN: 421688797 · Westbrook, CT · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $93K |
| Total Expenses | $53K |
| Net Assets | $705K |
Is Andy Schatz And Barbara Wolf Family Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Andy Schatz And Barbara Wolf Family Foundation Inc
Andy Schatz And Barbara Wolf Family Foundation Inc (EIN: 421688797) is a nonprofit organization based in Westbrook, CT, classified under NTEE code T22. The organization reported total revenue of $93K and total assets of $705K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Andy Schatz And Barbara Wolf Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Andy Schatz And Barbara Wolf Family Foundation Inc is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $36K |
| Total Expenses | $53K |
| Surplus / Deficit | $-16,504 |
| Total Assets | $705K |
| Total Liabilities | $1 |
| Net Assets | $705K |
| Operating Margin | -45.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 159.9 months |
Financial Health Grade: B
In 2023, Andy Schatz And Barbara Wolf Family Foundation Inc reported a deficit of $17K with expenses exceeding revenue, holds 159.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Andy Schatz And Barbara Wolf Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +357.3% | -8.2% | -2.3% |
| 2022 | +24.7% | -6.5% | -6.4% |
| 2021 | -94.5% | +5.3% | -6.7% |
| 2020 | +573.0% | +29.8% | +7.4% |
| 2019 | -39.0% | -0.9% | -17.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Andy Schatz And Barbara Wolf Family Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Andy Schatz And Barbara Wolf Family Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Andy Schatz And Barbara Wolf Family Foundation Inc
Is Andy Schatz And Barbara Wolf Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Andy Schatz And Barbara Wolf Family Foundation Inc (EIN: 421688797) insufficient data. 0 red flags identified, 0 strengths noted.
How does Andy Schatz And Barbara Wolf Family Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Andy Schatz And Barbara Wolf Family Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Andy Schatz And Barbara Wolf Family Foundation Inc tax-deductible?
Andy Schatz And Barbara Wolf Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 421688797). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Andy Schatz And Barbara Wolf Family Foundation Inc located?
Andy Schatz And Barbara Wolf Family Foundation Inc is headquartered in Westbrook, Connecticut and files with the IRS under EIN 421688797. It is classified under NTEE code T22.
How many years of IRS 990 filings does Andy Schatz And Barbara Wolf Family Foundation Inc have?
Andy Schatz And Barbara Wolf Family Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $93K in total revenue.
Filing History
IRS 990 filing history for Andy Schatz And Barbara Wolf Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Andy Schatz And Barbara Wolf Family Foundation Inc's revenue has declined by 76.9%, moving from $158K to $36K. Total assets decreased by 8.5% over the same period, from $771K to $705K. Total functional expenses fell by 18%, from $65K to $53K. In its most recent filing year (2023), Andy Schatz And Barbara Wolf Family Foundation Inc reported a deficit of $17K, with expenses exceeding revenue. The organization holds $1 in liabilities against $705K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $705K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $36K | $53K | $705K | $1 | — | — |
| 2022 | $8K | $58K | $722K | $1 | — | View 990 |
| 2021 | $6K | $62K | $771K | $1 | — | — |
| 2020 | $116K | $59K | $827K | $1 | — | — |
| 2019 | $17K | $45K | $770K | $1 | — | — |
| 2015 | $28K | $45K | $929K | $1 | — | View 990 |
| 2014 | $71K | $67K | $946K | $0 | — | View 990 |
| 2013 | $142K | $54K | $942K | $0 | — | View 990 |
| 2012 | $131K | $47K | $854K | $0 | — | View 990 |
| 2011 | $158K | $65K | $771K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $36K, expenses of $53K, and assets of $705K (revenue +357.3% year-over-year).
- 2022: Revenue of $8K, expenses of $58K, and assets of $722K (revenue +24.7% year-over-year).
- 2021: Revenue of $6K, expenses of $62K, and assets of $771K (revenue -94.5% year-over-year).
- 2020: Revenue of $116K, expenses of $59K, and assets of $827K (revenue +573.0% year-over-year).
- 2019: Revenue of $17K, expenses of $45K, and assets of $770K (revenue -39.0% year-over-year).
- 2015: Revenue of $28K, expenses of $45K, and assets of $929K (revenue -60.2% year-over-year).
- 2014: Revenue of $71K, expenses of $67K, and assets of $946K (revenue -50.1% year-over-year).
- 2013: Revenue of $142K, expenses of $54K, and assets of $942K (revenue +8.4% year-over-year).
- 2012: Revenue of $131K, expenses of $47K, and assets of $854K (revenue -16.9% year-over-year).
- 2011: Revenue of $158K, expenses of $65K, and assets of $771K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Andy Schatz And Barbara Wolf Family Foundation Inc:
Data Sources and Methodology
This transparency report for Andy Schatz And Barbara Wolf Family Foundation Inc 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.