Childrens Wellness Fund Inc
Childrens Wellness Fund Inc shows highly volatile revenue, including negative figures in recent years, despite maintaining significant assets and reporting no officer compensation.
EIN: 201379921 · Coral Gables, FL · NTEE: T23 · Updated: 2026-03-28
Is Childrens Wellness Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Childrens Wellness Fund Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Childrens Wellness Fund Inc
Childrens Wellness Fund Inc (EIN: 201379921) is a nonprofit organization based in Coral Gables, FL, classified under NTEE code T23. The organization reported total revenue of $3.1M and total assets of $5.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Childrens Wellness Fund Inc'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 Childrens Wellness Fund Inc with a Mission Score of 65 out of 100 (Good). 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, Childrens Wellness Fund Inc 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all ten filing periods, indicating a strong commitment to directing funds away from executive salaries and towards its mission.
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 Childrens Wellness Fund Inc's IRS 990 filings:
- Highly volatile revenue, including negative figures in 2023 and 2019, indicating unpredictable funding.
- Significant expenses incurred ($736,357 in 2023) during a period of negative revenue (-$108,963), raising concerns about operational sustainability.
- Large liabilities in some years (e.g., $424,412 in 2020) suggest potential financial strain.
Strengths
The following positive indicators were identified for Childrens Wellness Fund Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for executive overhead.
- Maintained significant assets, reaching $5,421,235 in the latest period, providing a financial cushion.
- Consistent IRS 990 filing history over ten periods demonstrates regulatory compliance and transparency.
Frequently Asked Questions about Childrens Wellness Fund Inc
Is Childrens Wellness Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Childrens Wellness Fund Inc (EIN: 201379921) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Childrens Wellness Fund Inc spend its money?
Childrens Wellness Fund Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Childrens Wellness Fund Inc tax-deductible?
Childrens Wellness Fund Inc is registered as a tax-exempt nonprofit (EIN: 201379921). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did Childrens Wellness Fund Inc report negative revenue in 2023 and 2019?
Negative revenue figures, such as -108,963 in 2023 and -227,032 in 2019, typically indicate that the organization had more returns, allowances, or other reductions in revenue than actual gross receipts, or significant investment losses that offset other income. This warrants further investigation into their funding model and financial reporting practices.
How does Childrens Wellness Fund Inc sustain operations with such volatile revenue?
The organization appears to rely on its accumulated assets, which reached $5,421,235 in the latest period, to cover expenses during periods of low or negative revenue. For example, in 2023, with negative revenue of -$108,963, expenses were $736,357, suggesting asset utilization or other non-revenue funding sources.
What is the primary source of funding for Childrens Wellness Fund Inc?
The provided data does not specify the primary source of funding. The significant fluctuations in revenue suggest a reliance on grants, large donations, or investment income that can be inconsistent year-to-year, rather than a stable recurring revenue stream.
Filing History
IRS 990 filing history for Childrens Wellness Fund Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Childrens Wellness Fund Inc's revenue has declined by 127.1%, moving from $402K to $-108,963. Total assets increased by 100.3% over the same period, from $1.6M to $3.2M. Total functional expenses rose by 233.2%, from $221K to $736K. The organization holds $30K in liabilities against $3.2M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $-108,963 | $736K | $3.2M | $30K | — | View 990 |
| 2022 | $2.5M | $700K | $4.1M | $30K | — | View 990 |
| 2021 | $243 | $562K | $2.3M | $50K | — | View 990 |
| 2020 | $1.9M | $494K | $2.9M | $424K | — | View 990 |
| 2019 | $-227,032 | $824K | $1.5M | $404K | — | View 990 |
| 2015 | $-5,262 | $502K | $1.0M | $14K | — | View 990 |
| 2014 | $257K | $353K | $1.5M | $12K | — | View 990 |
| 2013 | $246K | $273K | $1.6M | $14K | — | View 990 |
| 2012 | $216K | $193K | $1.6M | $0 | — | View 990 |
| 2011 | $402K | $221K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-108,963, expenses of $736K, and assets of $3.2M (revenue -104.3% year-over-year).
- 2022: Revenue of $2.5M, expenses of $700K, and assets of $4.1M (revenue +1036480.7% year-over-year).
- 2021: Revenue of $243, expenses of $562K, and assets of $2.3M (revenue -100.0% year-over-year).
- 2020: Revenue of $1.9M, expenses of $494K, and assets of $2.9M.
- 2019: Revenue of $-227,032, expenses of $824K, and assets of $1.5M.
- 2015: Revenue of $-5,262, expenses of $502K, and assets of $1.0M (revenue -102.0% year-over-year).
- 2014: Revenue of $257K, expenses of $353K, and assets of $1.5M (revenue +4.4% year-over-year).
- 2013: Revenue of $246K, expenses of $273K, and assets of $1.6M (revenue +14.2% year-over-year).
- 2012: Revenue of $216K, expenses of $193K, and assets of $1.6M (revenue -46.4% year-over-year).
- 2011: Revenue of $402K, expenses of $221K, and assets of $1.6M.
Data Sources and Methodology
This transparency report for Childrens Wellness Fund 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.