Fwcs Foundation Inc
EIN: 351905809 · Fort Wayne, IN
| Metric | Value |
|---|---|
| Total Revenue | $234K |
| Total Expenses | $755K |
| Net Assets | $1.4M |
Is Fwcs 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 Fwcs Foundation Inc
Fwcs Foundation Inc (EIN: 351905809) is a nonprofit organization based in Fort Wayne, IN. The organization reported total revenue of $234K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fwcs Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fwcs Foundation Inc is a small nonprofit that has been operating for 33 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 23.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $822K |
| Total Expenses | $755K |
| Surplus / Deficit | +$67K |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | 8.2% |
| Months of Reserves | 21.8 months |
Financial Health Grade: A
In 2023, Fwcs Foundation Inc reported a surplus of $67K with revenue exceeding expenses, holds 21.8 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2015–2023), Fwcs Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +93.3% | +213.5% | +5.2% |
| 2022 | +118.5% | +142.5% | +16.5% |
| 2021 | -27.8% | -8.4% | +9.3% |
| 2020 | -36.2% | -18.3% | +18.6% |
| 2019 | +18.3% | -28.1% | +50.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fwcs 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 Fwcs 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 $67K, with revenue exceeding expenses.
Frequently Asked Questions about Fwcs Foundation Inc
Is Fwcs Foundation Inc a legitimate charity?
Fwcs Foundation Inc (EIN: 351905809) is a registered tax-exempt nonprofit based in Indiana. It has 9 years of IRS 990 filings on record. Total revenue: $234K. No red flags identified. Financial health grade: A.
How does Fwcs Foundation Inc spend its money?
Fwcs Foundation Inc reported $234K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fwcs Foundation Inc tax-deductible?
Fwcs Foundation Inc is registered as a tax-exempt nonprofit (EIN: 351905809). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fwcs Foundation Inc located?
Fwcs Foundation Inc is headquartered in Fort Wayne, Indiana and files with the IRS under EIN 351905809.
How many years of IRS 990 filings does Fwcs Foundation Inc have?
Fwcs Foundation Inc has 9 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 $234K in total revenue.
Filing History
IRS 990 filing history for Fwcs Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Fwcs Foundation Inc's revenue has grown by 429.7%, moving from $155K to $822K. Total assets increased by 1008.3% over the same period, from $124K to $1.4M. Total functional expenses rose by 1210.3%, from $58K to $755K. In its most recent filing year (2023), Fwcs Foundation Inc reported a surplus of $67K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $822K | $755K | $1.4M | $0 | — | — |
| 2022 | $425K | $241K | $1.3M | $0 | — | View 990 |
| 2021 | $195K | $99K | $1.1M | $0 | — | View 990 |
| 2020 | $269K | $108K | $1.0M | $0 | — | View 990 |
| 2019 | $422K | $133K | $864K | $0 | — | View 990 |
| 2018 | $357K | $184K | $575K | $0 | — | View 990 |
| 2017 | $365K | $104K | $402K | $0 | — | View 990 |
| 2016 | $32K | $15K | $141K | $0 | — | View 990 |
| 2015 | $155K | $58K | $124K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $822K, expenses of $755K, and assets of $1.4M (revenue +93.3% year-over-year).
- 2022: Revenue of $425K, expenses of $241K, and assets of $1.3M (revenue +118.5% year-over-year).
- 2021: Revenue of $195K, expenses of $99K, and assets of $1.1M (revenue -27.8% year-over-year).
- 2020: Revenue of $269K, expenses of $108K, and assets of $1.0M (revenue -36.2% year-over-year).
- 2019: Revenue of $422K, expenses of $133K, and assets of $864K (revenue +18.3% year-over-year).
- 2018: Revenue of $357K, expenses of $184K, and assets of $575K (revenue -2.3% year-over-year).
- 2017: Revenue of $365K, expenses of $104K, and assets of $402K (revenue +1055.2% year-over-year).
- 2016: Revenue of $32K, expenses of $15K, and assets of $141K (revenue -79.6% year-over-year).
- 2015: Revenue of $155K, expenses of $58K, and assets of $124K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fwcs Foundation Inc:
Data Sources and Methodology
This transparency report for Fwcs 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.