Emwiga Foundation
Emwiga Foundation consistently grows assets with zero reported officer compensation and minimal liabilities.
EIN: 133247601 · Greenwich, CT · Updated: 2026-03-28
Is Emwiga Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Emwiga Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Emwiga Foundation
Emwiga Foundation (EIN: 133247601) is a nonprofit organization based in Greenwich, CT. The organization reported total revenue of $7.1M and total assets of $13.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Emwiga Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Emwiga Foundation is a mid-size nonprofit that has been operating for 40 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 13.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $11.3M |
| Total Liabilities | $1 |
| Net Assets | $11.3M |
| Operating Margin | 64.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 134.7 months |
Financial Health Grade: A
In 2024, Emwiga Foundation reported a surplus of $1.8M with revenue exceeding expenses, holds 134.7 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 (2012–2024), Emwiga Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +186.6% | +13.0% | +19.0% |
| 2023 | -43.2% | +73.5% | +1.0% |
| 2022 | +123.3% | -36.2% | +12.9% |
| 2021 | -42.0% | +66.3% | -0.4% |
| 2020 | +102.7% | -59.5% | +12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Emwiga Foundation with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Emwiga Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization with assets exceeding $11 million and suggests a strong commitment to directing funds 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 Emwiga Foundation's IRS 990 filings:
- NTEE Code is unknown, which limits understanding of specific programmatic focus.
Strengths
The following positive indicators were identified for Emwiga Foundation:
- Consistent asset growth, from $4,983,921 in 2012 to $11,285,355 in 2024.
- Zero reported officer compensation across all 10 filings, indicating strong mission focus.
- Extremely low liabilities, often reported as $1, demonstrating excellent financial stability.
- Revenues consistently exceed expenses in most periods, contributing to financial health.
- Long history of IRS 990 filings (10 filings), indicating transparency and compliance.
Frequently Asked Questions about Emwiga Foundation
Is Emwiga Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Emwiga Foundation (EIN: 133247601) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Emwiga Foundation spend its money?
Emwiga Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Emwiga Foundation tax-deductible?
Emwiga Foundation is registered as a tax-exempt nonprofit (EIN: 133247601). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Emwiga Foundation a good charity?
Based on the provided financial data, Emwiga Foundation appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to its mission by reporting zero officer compensation across all filings. Its liabilities are consistently minimal, indicating excellent financial management.
How has Emwiga Foundation's financial health changed over time?
Emwiga Foundation's financial health has significantly improved and stabilized over time. Assets have more than doubled from $4,983,921 in 2012 to $11,285,355 in 2024. Revenues have fluctuated but generally remained strong, often exceeding expenses, contributing to this asset growth. Liabilities have consistently remained negligible.
What is the Emwiga Foundation's approach to executive compensation?
The Emwiga Foundation's approach to executive compensation is to report 0% officer compensation in all available IRS 990 filings. This indicates that no officers are compensated by the organization, which is a highly positive sign for donor confidence and mission focus.
Filing History
IRS 990 filing history for Emwiga Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Emwiga Foundation's revenue has grown by 345.4%, moving from $632K to $2.8M. Total assets increased by 126.4% over the same period, from $5.0M to $11.3M. Total functional expenses rose by 149.8%, from $403K to $1.0M. In its most recent filing year (2024), Emwiga Foundation reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $1 in liabilities against $11.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.8M | $1.0M | $11.3M | $1 | — | View 990 |
| 2023 | $982K | $890K | $9.5M | $1 | — | View 990 |
| 2022 | $1.7M | $513K | $9.4M | $1 | — | View 990 |
| 2021 | $774K | $803K | $8.3M | $1 | — | View 990 |
| 2020 | $1.3M | $483K | $8.3M | $1 | — | View 990 |
| 2019 | $658K | $1.2M | $7.4M | $1 | — | View 990 |
| 2015 | $951K | $630K | $6.6M | $0 | — | View 990 |
| 2014 | $1.4M | $304K | $6.3M | $0 | — | View 990 |
| 2013 | $624K | $396K | $5.3M | $50K | — | View 990 |
| 2012 | $632K | $403K | $5.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.8M, expenses of $1.0M, and assets of $11.3M (revenue +186.6% year-over-year).
- 2023: Revenue of $982K, expenses of $890K, and assets of $9.5M (revenue -43.2% year-over-year).
- 2022: Revenue of $1.7M, expenses of $513K, and assets of $9.4M (revenue +123.3% year-over-year).
- 2021: Revenue of $774K, expenses of $803K, and assets of $8.3M (revenue -42.0% year-over-year).
- 2020: Revenue of $1.3M, expenses of $483K, and assets of $8.3M (revenue +102.7% year-over-year).
- 2019: Revenue of $658K, expenses of $1.2M, and assets of $7.4M (revenue -30.8% year-over-year).
- 2015: Revenue of $951K, expenses of $630K, and assets of $6.6M (revenue -32.3% year-over-year).
- 2014: Revenue of $1.4M, expenses of $304K, and assets of $6.3M (revenue +125.2% year-over-year).
- 2013: Revenue of $624K, expenses of $396K, and assets of $5.3M (revenue -1.2% year-over-year).
- 2012: Revenue of $632K, expenses of $403K, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Emwiga Foundation:
Data Sources and Methodology
This transparency report for Emwiga 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.