Everwise Foundation Inc
EIN: 351939838 · South Bend, IN · NTEE: T22Z
| Metric | Value |
|---|---|
| Total Revenue | $428K |
| Total Expenses | $210K |
| Net Assets | $1.5M |
Is Everwise Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Everwise Foundation Inc
Everwise Foundation Inc (EIN: 351939838) is a nonprofit organization based in South Bend, IN, classified under NTEE code T22Z. The organization reported total revenue of $428K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Everwise Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Everwise Foundation Inc is a small nonprofit that has been operating for 31 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $326K |
| Total Expenses | $210K |
| Surplus / Deficit | +$116K |
| Total Assets | $1.5M |
| Total Liabilities | $1 |
| Net Assets | $1.5M |
| Operating Margin | 35.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 84.1 months |
Financial Health Grade: A
In 2023, Everwise Foundation Inc reported a surplus of $116K with revenue exceeding expenses, holds 84.1 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 (2011–2023), Everwise Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -64.5% | -3.4% | +8.5% |
| 2022 | +219.3% | +4.9% | +106.5% |
| 2021 | -33.6% | -7.4% | +13.8% |
| 2020 | +277.0% | +16.0% | +56.5% |
| 2019 | -39.3% | -33.1% | -14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Everwise Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Everwise Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $116K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Everwise Foundation Inc
Is Everwise Foundation Inc a legitimate charity?
Everwise Foundation Inc (EIN: 351939838) is a registered tax-exempt nonprofit based in Indiana. It has 10 years of IRS 990 filings on record. Total revenue: $428K. No red flags identified. Financial health grade: A.
How does Everwise Foundation Inc spend its money?
Everwise Foundation Inc reported $428K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Everwise Foundation Inc tax-deductible?
Everwise Foundation Inc is registered as a tax-exempt nonprofit (EIN: 351939838). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Everwise Foundation Inc located?
Everwise Foundation Inc is headquartered in South Bend, Indiana and files with the IRS under EIN 351939838. It is classified under NTEE code T22Z.
How many years of IRS 990 filings does Everwise Foundation Inc have?
Everwise Foundation Inc has 10 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 $428K in total revenue.
Filing History
IRS 990 filing history for Everwise Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Everwise Foundation Inc's revenue has grown by 84.5%, moving from $177K to $326K. Total assets increased by 128.2% over the same period, from $645K to $1.5M. Total functional expenses rose by 1.9%, from $206K to $210K. In its most recent filing year (2023), Everwise Foundation Inc reported a surplus of $116K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $326K | $210K | $1.5M | $1 | — | — |
| 2022 | $917K | $218K | $1.4M | $1 | — | — |
| 2021 | $287K | $208K | $657K | $1 | — | View 990 |
| 2020 | $432K | $224K | $578K | $1 | — | — |
| 2019 | $115K | $193K | $369K | $1 | — | View 990 |
| 2015 | $189K | $289K | $430K | $15K | — | View 990 |
| 2014 | $187K | $210K | $515K | $1 | — | View 990 |
| 2013 | $156K | $189K | $539K | $1 | — | View 990 |
| 2012 | $152K | $225K | $572K | $1 | — | View 990 |
| 2011 | $177K | $206K | $645K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $326K, expenses of $210K, and assets of $1.5M (revenue -64.5% year-over-year).
- 2022: Revenue of $917K, expenses of $218K, and assets of $1.4M (revenue +219.3% year-over-year).
- 2021: Revenue of $287K, expenses of $208K, and assets of $657K (revenue -33.6% year-over-year).
- 2020: Revenue of $432K, expenses of $224K, and assets of $578K (revenue +277.0% year-over-year).
- 2019: Revenue of $115K, expenses of $193K, and assets of $369K (revenue -39.3% year-over-year).
- 2015: Revenue of $189K, expenses of $289K, and assets of $430K (revenue +1.1% year-over-year).
- 2014: Revenue of $187K, expenses of $210K, and assets of $515K (revenue +19.5% year-over-year).
- 2013: Revenue of $156K, expenses of $189K, and assets of $539K (revenue +3.0% year-over-year).
- 2012: Revenue of $152K, expenses of $225K, and assets of $572K (revenue -14.0% year-over-year).
- 2011: Revenue of $177K, expenses of $206K, and assets of $645K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Everwise Foundation Inc:
Data Sources and Methodology
This transparency report for Everwise Foundation 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.