Chris A Wachenheim Foundation

Chris A Wachenheim Foundation maintains strong asset growth and minimal liabilities with no reported officer compensation.

EIN: 202578681 · Purchase, NY · NTEE: T20 · Updated: 2026-03-28

$4.6MRevenue

$8.1MAssets

95/100Mission Score (Excellent)

T20

About Chris A Wachenheim Foundation

Chris A Wachenheim Foundation (EIN: 202578681) is a nonprofit organization based in Purchase, NY, classified under NTEE code T20. The organization reported total revenue of $4.6M and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chris A Wachenheim Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Chris A Wachenheim Foundation demonstrates consistent financial health with growing assets over the past decade, from $2,239,834 in 2011 to $6,094,459 in 2023. The organization consistently maintains minimal liabilities, often reported as $1, indicating a strong balance sheet and low financial risk. Revenue has fluctuated significantly year-to-year, with a notable peak of $1,593,035 in 2021, but expenses have remained relatively stable and low, typically under $300,000 annually. This suggests a conservative spending approach relative to its asset base.

The foundation's spending efficiency appears high, as evidenced by its low and consistent expense levels compared to its asset growth and fluctuating revenue. With no reported officer compensation across all filings, the organization likely operates with a volunteer or very low-cost leadership structure, which contributes to a high proportion of funds being available for programmatic activities. The NTEE code T20 (Private Grantmaking Foundations) suggests its primary activity is making grants, which inherently means a significant portion of its expenses would be program-related grants.

Transparency is strong given the consistent filing of IRS Form 990s over a decade and the clear reporting of zero officer compensation. The minimal liabilities further simplify financial analysis and indicate a straightforward financial structure. The consistent growth in assets, despite varying annual revenues, points to effective asset management and a sustainable financial model for a private foundation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Chris A Wachenheim Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Chris A Wachenheim Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through other means not reported as officer compensation, which is highly efficient for a nonprofit of its size.

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 Chris A Wachenheim Foundation's IRS 990 filings:

Significant year-over-year revenue volatility, making future income less predictable.

Strengths

The following positive indicators were identified for Chris A Wachenheim Foundation:

Consistent asset growth from $2.2M in 2011 to $6.09M in 2023, indicating strong financial management.
Extremely low liabilities, consistently reported as $1, demonstrating financial stability.
Zero reported officer compensation across all filings, indicating high efficiency and dedication to mission.
Low and stable expense levels relative to assets and revenue, suggesting efficient operations.
Consistent IRS 990 filing history over 10 years, indicating strong transparency.

Frequently Asked Questions about Chris A Wachenheim Foundation

What are the specific programs or grants funded by the Chris A Wachenheim Foundation?

Based on the NTEE code T20 (Private Grantmaking Foundations), the foundation's primary activity is making grants. The IRS 990 filings would detail the specific grant recipients and amounts, which are not provided in this summary data.

How does the foundation manage to operate with 0% officer compensation?

The consistent reporting of 0% officer compensation suggests that the foundation's leadership likely serves in a volunteer capacity, or that any compensation is covered by an affiliated entity or through other non-officer compensation mechanisms, which is highly unusual and efficient.

What is the reason for the significant fluctuations in annual revenue?

As a private foundation, revenue often comes from investment returns, contributions from founders/donors, or other non-programmatic income. Fluctuations could be due to market performance affecting investments, irregular large contributions, or specific asset sales.

Filing History

IRS 990 filing history for Chris A Wachenheim Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Chris A Wachenheim Foundation's revenue has declined by 57.3%, moving from $740K to $316K. Total assets increased by 172.1% over the same period, from $2.2M to $6.1M. Total functional expenses rose by 98.2%, from $109K to $216K. In its most recent filing year (2023), Chris A Wachenheim Foundation reported a surplus of $100K, with revenue exceeding expenses. The organization holds $1 in liabilities against $6.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$316K	$216K	$6.1M	$1	—	View 990
2022	$157K	$178K	$6.0M	$1	—	View 990
2021	$1.6M	$265K	$6.0M	$1	—	View 990
2020	$15K	$297K	$4.7M	$1	—	—
2019	$894K	$259K	$5.0M	$1	—	View 990
2015	$581K	$165K	$3.1M	$1	—	View 990
2014	$488K	$155K	$2.6M	$1	—	View 990
2013	$258K	$128K	$2.3M	$1	—	View 990
2012	$87K	$141K	$2.2M	$0	—	View 990
2011	$740K	$109K	$2.2M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $316K, expenses of $216K, and assets of $6.1M (revenue +101.1% year-over-year).
2022: Revenue of $157K, expenses of $178K, and assets of $6.0M (revenue -90.1% year-over-year).
2021: Revenue of $1.6M, expenses of $265K, and assets of $6.0M (revenue +10388.8% year-over-year).
2020: Revenue of $15K, expenses of $297K, and assets of $4.7M (revenue -98.3% year-over-year).
2019: Revenue of $894K, expenses of $259K, and assets of $5.0M (revenue +53.9% year-over-year).
2015: Revenue of $581K, expenses of $165K, and assets of $3.1M (revenue +19.0% year-over-year).
2014: Revenue of $488K, expenses of $155K, and assets of $2.6M (revenue +89.4% year-over-year).
2013: Revenue of $258K, expenses of $128K, and assets of $2.3M (revenue +196.9% year-over-year).
2012: Revenue of $87K, expenses of $141K, and assets of $2.2M (revenue -88.3% year-over-year).
2011: Revenue of $740K, expenses of $109K, and assets of $2.2M.

Data Sources and Methodology

This transparency report for Chris A Wachenheim Foundation 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.