George Wythe Foundation
EIN: 870641318 · Salt Lake Cty, UT · NTEE: B42
| Metric | Value |
|---|---|
| Total Expenses | $5K |
| Net Assets | $-10,905 |
Is George Wythe Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About George Wythe Foundation
George Wythe Foundation (EIN: 870641318) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code B42. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of George Wythe Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
George Wythe Foundation is a micro nonprofit that has been operating for 26 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -61.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $20 |
| Total Expenses | $5K |
| Surplus / Deficit | $-5,063 |
| Total Assets | $30K |
| Total Liabilities | $41K |
| Net Assets | $-10,905 |
| Operating Margin | -25315.0% |
| Debt-to-Asset Ratio | 136.0% |
| Months of Reserves | 71.4 months |
Financial Health Grade: C
In 2021, George Wythe Foundation reported a deficit of $5K with expenses exceeding revenue, holds 71.4 months of operating reserves (strong position), has a debt-to-asset ratio of 136.0% (high leverage).
Financial Trends
Over 11 years of filings (2011–2021), George Wythe Foundation's revenue has declined at a compound annual growth rate (CAGR) of -61.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -94.1% | -19.1% | -14.3% |
| 2020 | +57.1% | -15.6% | -14.4% |
| 2019 | -43.6% | -19.1% | -14.9% |
| 2018 | -97.9% | -82.9% | -15.4% |
| 2017 | -82.5% | -52.8% | -49.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for George Wythe Foundation 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 George Wythe Foundation 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 136.0%.
Frequently Asked Questions about George Wythe Foundation
Is George Wythe Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, George Wythe Foundation (EIN: 870641318) insufficient data. 0 red flags identified, 0 strengths noted.
How does George Wythe Foundation spend its money?
Detailed spending breakdown data is not yet available for George Wythe Foundation. Check back for updated IRS 990 analysis.
Are donations to George Wythe Foundation tax-deductible?
George Wythe Foundation is registered as a tax-exempt nonprofit (EIN: 870641318). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is George Wythe Foundation located?
George Wythe Foundation is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 870641318. It is classified under NTEE code B42.
How many years of IRS 990 filings does George Wythe Foundation have?
George Wythe Foundation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for George Wythe Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), George Wythe Foundation's revenue has declined by 100%, moving from $279K to $20. Total assets decreased by 98.2% over the same period, from $1.6M to $30K. Total functional expenses fell by 98.7%, from $405K to $5K. In its most recent filing year (2021), George Wythe Foundation reported a deficit of $5K, with expenses exceeding revenue. The organization holds $41K in liabilities against $30K in assets (debt-to-asset ratio: 136.0%), resulting in net assets of $-10,905.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $20 | $5K | $30K | $41K | — | View 990 |
| 2020 | $341 | $6K | $35K | $41K | — | — |
| 2019 | $217 | $7K | $41K | $41K | — | View 990 |
| 2018 | $385 | $9K | $48K | $41K | — | View 990 |
| 2017 | $18K | $54K | $57K | $41K | — | View 990 |
| 2016 | $106K | $114K | $114K | $113K | — | View 990 |
| 2015 | $101K | $96K | $112K | $112K | — | View 990 |
| 2014 | $100K | $171K | $128K | $133K | — | View 990 |
| 2013 | $176K | $325K | $184K | $122K | — | View 990 |
| 2012 | $278K | $332K | $1.5M | $1.3M | — | View 990 |
| 2011 | $279K | $405K | $1.6M | $580K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $20, expenses of $5K, and assets of $30K (revenue -94.1% year-over-year).
- 2020: Revenue of $341, expenses of $6K, and assets of $35K (revenue +57.1% year-over-year).
- 2019: Revenue of $217, expenses of $7K, and assets of $41K (revenue -43.6% year-over-year).
- 2018: Revenue of $385, expenses of $9K, and assets of $48K (revenue -97.9% year-over-year).
- 2017: Revenue of $18K, expenses of $54K, and assets of $57K (revenue -82.5% year-over-year).
- 2016: Revenue of $106K, expenses of $114K, and assets of $114K (revenue +4.3% year-over-year).
- 2015: Revenue of $101K, expenses of $96K, and assets of $112K (revenue +0.7% year-over-year).
- 2014: Revenue of $100K, expenses of $171K, and assets of $128K (revenue -42.9% year-over-year).
- 2013: Revenue of $176K, expenses of $325K, and assets of $184K (revenue -36.7% year-over-year).
- 2012: Revenue of $278K, expenses of $332K, and assets of $1.5M (revenue -0.3% year-over-year).
- 2011: Revenue of $279K, expenses of $405K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for George Wythe Foundation:
Data Sources and Methodology
This transparency report for George Wythe 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.