Edward And Josephine Wikiera Foundation
Edward And Josephine Wikiera Foundation maintains substantial assets with zero executive compensation, despite fluctuating annual revenues and expenses.
EIN: 203575174 · Orchard Lake, MI · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.7M |
| Total Expenses | $1.1M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $19 |
| Net Assets | $18.7M |
| Transparency Score | 90/100 |
Is Edward And Josephine Wikiera Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Edward And Josephine Wikiera Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Edward And Josephine Wikiera Foundation
Edward And Josephine Wikiera Foundation (EIN: 203575174) is a nonprofit organization based in Orchard Lake, MI, classified under NTEE code B11. The organization reported total revenue of $9.7M and total assets of $20.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edward And Josephine Wikiera Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edward And Josephine Wikiera Foundation is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$235K |
| Total Assets | $19.6M |
| Total Liabilities | $881K |
| Net Assets | $18.7M |
| Operating Margin | 17.5% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 212.1 months |
Financial Health Grade: A
In 2023, Edward And Josephine Wikiera Foundation reported a surplus of $235K with revenue exceeding expenses, holds 212.1 months of operating reserves (strong position), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Edward And Josephine Wikiera Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +249.7% | -50.0% | +7.1% |
| 2022 | -84.5% | +160.2% | -19.2% |
| 2021 | +362.3% | +17.6% | +9.0% |
| 2020 | -3.5% | +4.4% | +12.1% |
| 2019 | -2.2% | -1.0% | +16.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Edward And Josephine Wikiera Foundation with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Edward And Josephine Wikiera Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 surplus of $235K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with assets exceeding $19 million and annual expenses often over $1 million.
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 Edward And Josephine Wikiera Foundation's IRS 990 filings:
- Significant year-over-year fluctuations in revenue and expenses, particularly the large deficit in 2022 where expenses ($2,216,068) far exceeded revenue ($384,231).
Strengths
The following positive indicators were identified for Edward And Josephine Wikiera Foundation:
- Consistently reports 0% officer compensation, indicating extremely low administrative overhead related to executive salaries.
- Maintains a robust asset base, with assets consistently above $15 million and reaching $19,585,051 in 2023, providing strong financial stability.
- Generally low liabilities relative to assets, with liabilities at $881,029 against assets of $19,585,051 in 2023, indicating good financial management.
Frequently Asked Questions about Edward And Josephine Wikiera Foundation
Is Edward And Josephine Wikiera Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Edward And Josephine Wikiera Foundation (EIN: 203575174) some concerns. Mission Score: 90/100. 1 red flag identified, 3 strengths noted.
How does Edward And Josephine Wikiera Foundation spend its money?
Edward And Josephine Wikiera Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Edward And Josephine Wikiera Foundation tax-deductible?
Edward And Josephine Wikiera Foundation is registered as a tax-exempt nonprofit (EIN: 203575174). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Edward And Josephine Wikiera Foundation CEO make?
Edward And Josephine Wikiera Foundation's highest-compensated officer earns $19 annually. The organization reported $9.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Edward And Josephine Wikiera Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Edward And Josephine Wikiera Foundation is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Edward And Josephine Wikiera Foundation located?
Edward And Josephine Wikiera Foundation is headquartered in Orchard Lake, Michigan and files with the IRS under EIN 203575174. It is classified under NTEE code B11.
How many years of IRS 990 filings does Edward And Josephine Wikiera Foundation have?
Edward And Josephine Wikiera Foundation has 13 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 $9.7M in total revenue.
How does the foundation manage its operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation's operations are likely managed by volunteers, or that administrative services are provided pro bono or through other non-compensatory arrangements, which is highly efficient for program delivery.
What caused the significant expense increase in 2022?
In 2022, expenses surged to $2,216,068 from $851,774 in 2021, while revenue dropped. This significant increase warrants further investigation into the specific programmatic or operational activities undertaken that year.
Is the foundation's revenue stream sustainable given its fluctuations?
The foundation's revenue has varied significantly, from $55,561 in 2016 to $2,482,949 in 2021. While its substantial asset base provides stability, consistent and predictable revenue streams would enhance long-term planning and program consistency.
Filing History
IRS 990 filing history for Edward And Josephine Wikiera Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Edward And Josephine Wikiera Foundation's revenue has grown by 147.8%, moving from $542K to $1.3M. Total assets increased by 13.2% over the same period, from $17.3M to $19.6M. Total functional expenses rose by 40.3%, from $790K to $1.1M. In its most recent filing year (2023), Edward And Josephine Wikiera Foundation reported a surplus of $235K, with revenue exceeding expenses. The organization holds $881K in liabilities against $19.6M in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $18.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.1M | $19.6M | $881K | — | View 990 |
| 2022 | $384K | $2.2M | $18.3M | $1.6M | — | — |
| 2021 | $2.5M | $852K | $22.6M | $400K | — | View 990 |
| 2020 | $537K | $724K | $20.8M | $315K | — | — |
| 2019 | $557K | $694K | $18.5M | $307K | — | View 990 |
| 2018 | $569K | $701K | $16.0M | $307K | — | View 990 |
| 2017 | $399K | $708K | $17.3M | $308K | — | — |
| 2016 | $56K | $685K | $15.7M | $304K | — | View 990 |
| 2015 | $283K | $644K | $15.2M | $300K | — | View 990 |
| 2014 | $1.7M | $636K | $16.5M | $302K | — | View 990 |
| 2013 | $533K | $591K | $16.7M | $292K | — | View 990 |
| 2012 | $1.2M | $902K | $17.9M | $290K | — | View 990 |
| 2011 | $542K | $790K | $17.3M | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.1M, and assets of $19.6M (revenue +249.7% year-over-year).
- 2022: Revenue of $384K, expenses of $2.2M, and assets of $18.3M (revenue -84.5% year-over-year).
- 2021: Revenue of $2.5M, expenses of $852K, and assets of $22.6M (revenue +362.3% year-over-year).
- 2020: Revenue of $537K, expenses of $724K, and assets of $20.8M (revenue -3.5% year-over-year).
- 2019: Revenue of $557K, expenses of $694K, and assets of $18.5M (revenue -2.2% year-over-year).
- 2018: Revenue of $569K, expenses of $701K, and assets of $16.0M (revenue +42.6% year-over-year).
- 2017: Revenue of $399K, expenses of $708K, and assets of $17.3M (revenue +618.4% year-over-year).
- 2016: Revenue of $56K, expenses of $685K, and assets of $15.7M (revenue -80.4% year-over-year).
- 2015: Revenue of $283K, expenses of $644K, and assets of $15.2M (revenue -83.3% year-over-year).
- 2014: Revenue of $1.7M, expenses of $636K, and assets of $16.5M (revenue +217.5% year-over-year).
- 2013: Revenue of $533K, expenses of $591K, and assets of $16.7M (revenue -57.3% year-over-year).
- 2012: Revenue of $1.2M, expenses of $902K, and assets of $17.9M (revenue +129.8% year-over-year).
- 2011: Revenue of $542K, expenses of $790K, and assets of $17.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edward And Josephine Wikiera Foundation:
Data Sources and Methodology
This transparency report for Edward And Josephine Wikiera 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.