Can Wigmunke
Can Wigmunke faces severe financial decline with revenue plummeting over 93% since 2020 and consistent operating deficits.
EIN: 205841872 · Rapid City, SD · NTEE: S30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $101K |
| Program Spending | 75% |
| Net Assets | $73K |
| Transparency Score | 40/100 |
Is Can Wigmunke Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Can Wigmunke directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Can Wigmunke
Can Wigmunke (EIN: 205841872) is a nonprofit organization based in Rapid City, SD, classified under NTEE code S30. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Can Wigmunke's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Can Wigmunke is a micro nonprofit that has been operating for 18 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -60.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $101K |
| Surplus / Deficit | $-61,276 |
| Total Assets | $73K |
| Net Assets | $73K |
| Operating Margin | -155.6% |
| Months of Reserves | 8.7 months |
Financial Health Grade: B
In 2023, Can Wigmunke reported a deficit of $61K with expenses exceeding revenue, holds 8.7 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Can Wigmunke's revenue has declined at a compound annual growth rate (CAGR) of -60.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -85.3% | -72.7% | -49.7% |
| 2022 | -0.6% | -3.7% | -40.7% |
| 2021 | -56.6% | +44.7% | -31.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Can Wigmunke 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Can Wigmunke allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $61K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is a positive for donor perception regarding executive pay relative to the organization's size and financial challenges.
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 Can Wigmunke's IRS 990 filings:
- Drastic revenue decline: Revenue dropped from $621,626 in 2020 to $39,393 in 2023, a 93.6% decrease.
- Consistent operating deficits: Expenses exceeded revenue in 2021, 2022, and 2023, indicating unsustainable spending.
- Declining assets: Total assets decreased from $357,870 in 2020 to $73,151 in 2023, suggesting depletion of reserves.
- High expense-to-revenue ratio: In 2023, expenses ($100,669) were 2.5 times higher than revenue ($39,393).
Strengths
The following positive indicators were identified for Can Wigmunke:
- No officer compensation reported: Officer compensation is consistently 0% across all filings, indicating no executive pay.
Frequently Asked Questions about Can Wigmunke
Is Can Wigmunke a legitimate charity?
Can Wigmunke (EIN: 205841872) is a registered tax-exempt nonprofit based in South Dakota. Our AI analysis gives it a Mission Score of 40/100. It has 4 years of IRS 990 filings on record. 4 red flags identified. 1 strength noted. Financial health grade: B.
How does Can Wigmunke spend its money?
Can Wigmunke directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Can Wigmunke tax-deductible?
Can Wigmunke is registered as a tax-exempt nonprofit (EIN: 205841872). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Can Wigmunke's spending goes to programs?
Can Wigmunke directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Can Wigmunke compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Can Wigmunke is near average for NTEE category S30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Can Wigmunke located?
Can Wigmunke is headquartered in Rapid City, South Dakota and files with the IRS under EIN 205841872. It is classified under NTEE code S30.
How many years of IRS 990 filings does Can Wigmunke have?
Can Wigmunke has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Can Wigmunke a good charity?
While the organization's mission (NTEE S30 - Native American organizations) is valuable and it reports 0% officer compensation, its severe financial decline, with revenue dropping over 93% since 2020 and consistent operating deficits, raises significant concerns about its long-term sustainability and ability to effectively deliver on its mission.
What caused the drastic revenue decline?
The provided IRS 990 data does not specify the exact causes for the drastic revenue decline from $621,626 in 2020 to $39,393 in 2023. Further investigation into their fundraising strategies or grant funding history would be needed.
How is Can Wigmunke covering its expenses with such low revenue?
Can Wigmunke has been covering its expenses by drawing down its assets. For example, in 2023, expenses were $100,669 against $39,393 in revenue, and assets decreased from $145,515 in 2022 to $73,151 in 2023, indicating it is operating at a significant deficit.
Filing History
IRS 990 filing history for Can Wigmunke showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Can Wigmunke's revenue has declined by 93.7%, moving from $622K to $39K. Total assets decreased by 79.6% over the same period, from $358K to $73K. Total functional expenses fell by 61.9%, from $264K to $101K. In its most recent filing year (2023), Can Wigmunke reported a deficit of $61K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39K | $101K | $73K | $0 | — | — |
| 2022 | $268K | $368K | $146K | $0 | — | View 990 |
| 2021 | $270K | $382K | $245K | $0 | — | View 990 |
| 2020 | $622K | $264K | $358K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39K, expenses of $101K, and assets of $73K (revenue -85.3% year-over-year).
- 2022: Revenue of $268K, expenses of $368K, and assets of $146K (revenue -0.6% year-over-year).
- 2021: Revenue of $270K, expenses of $382K, and assets of $245K (revenue -56.6% year-over-year).
- 2020: Revenue of $622K, expenses of $264K, and assets of $358K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Can Wigmunke:
Data Sources and Methodology
This transparency report for Can Wigmunke 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.