Georgia Wand Education Fund Inc
Georgia Wand Education Fund Inc. shows consistent revenue growth and no reported officer compensation.
EIN: 203060988 · Atlanta, GA · NTEE: W24 · Updated: 2026-03-28
Is Georgia Wand Education Fund Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Georgia Wand Education Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Georgia Wand Education Fund Inc
Georgia Wand Education Fund Inc (EIN: 203060988) is a nonprofit organization based in Atlanta, GA, classified under NTEE code W24. The organization reported total revenue of $997K and total assets of $518K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Georgia Wand Education Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Georgia Wand Education Fund Inc is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $622K |
| Total Expenses | $556K |
| Surplus / Deficit | +$66K |
| Total Assets | $417K |
| Total Liabilities | $17K |
| Net Assets | $401K |
| Operating Margin | 10.6% |
| Debt-to-Asset Ratio | 4.0% |
| Months of Reserves | 9.0 months |
Financial Health Grade: A
In 2022, Georgia Wand Education Fund Inc reported a surplus of $66K with revenue exceeding expenses, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Georgia Wand Education Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +54.9% | +77.0% | +15.4% |
| 2021 | -20.4% | -20.2% | +30.7% |
| 2020 | +52.9% | -14.8% | +123.1% |
| 2019 | -32.1% | +14.6% | -52.4% |
| 2018 | +82.6% | +34.8% | +51.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Georgia Wand Education Fund Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Georgia Wand Education Fund Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers. This is a significant positive for resource allocation, as it means all funds are directed towards programs and operational needs.
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.
Strengths
The following positive indicators were identified for Georgia Wand Education Fund Inc:
- Consistent revenue growth in recent years, with latest revenue at $996,753.
- Zero reported officer compensation across all filings, indicating high efficiency.
- Healthy asset growth, reaching $518,263, and low liabilities.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Positive net income in most recent periods, contributing to financial stability.
Frequently Asked Questions about Georgia Wand Education Fund Inc
Is Georgia Wand Education Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Georgia Wand Education Fund Inc (EIN: 203060988) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Georgia Wand Education Fund Inc spend its money?
Georgia Wand Education Fund Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Georgia Wand Education Fund Inc tax-deductible?
Georgia Wand Education Fund Inc is registered as a tax-exempt nonprofit (EIN: 203060988). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Georgia Wand Education Fund Inc. a good charity?
Based on the available financial data, Georgia Wand Education Fund Inc. appears to be a good charity. It demonstrates consistent financial health, growing assets, and notably, reports 0% officer compensation, suggesting a strong commitment to directing funds towards its mission.
How has the organization's revenue trended over time?
The organization's revenue has shown fluctuations but a general upward trend in recent years, with $621,583 in 2022 and $401,271 in 2021, following a dip in 2019 ($329,484) from a higher point in 2018 ($485,312). The latest reported revenue is $996,753, indicating significant growth.
What is the organization's financial stability?
The organization demonstrates good financial stability, with assets consistently exceeding liabilities. In 2022, assets were $417,186 against liabilities of $16,546, and the latest reported assets are $518,263, indicating a healthy financial position.
Does the organization pay its officers?
No, the organization consistently reports 0% officer compensation across all available IRS 990 filings, indicating that officers are not compensated through salaries or other means.
Filing History
IRS 990 filing history for Georgia Wand Education Fund Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Georgia Wand Education Fund Inc's revenue has grown by 106.4%, moving from $301K to $622K. Total assets increased by 128% over the same period, from $183K to $417K. Total functional expenses rose by 151.7%, from $221K to $556K. In its most recent filing year (2022), Georgia Wand Education Fund Inc reported a surplus of $66K, with revenue exceeding expenses. The organization holds $17K in liabilities against $417K in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $401K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $622K | $556K | $417K | $17K | — | View 990 |
| 2021 | $401K | $314K | $361K | $26K | — | View 990 |
| 2020 | $504K | $394K | $276K | $29K | — | View 990 |
| 2019 | $329K | $462K | $124K | $9K | — | View 990 |
| 2018 | $485K | $403K | $261K | $13K | — | View 990 |
| 2017 | $266K | $299K | $172K | $7K | — | View 990 |
| 2016 | $404K | $333K | $200K | $2K | — | View 990 |
| 2015 | $355K | $424K | $126K | $0 | — | View 990 |
| 2014 | $1.4M | $1.1M | $419K | $2K | — | View 990 |
| 2013 | $473K | $440K | $212K | $57K | — | View 990 |
| 2012 | $316K | $307K | $184K | $51K | — | View 990 |
| 2011 | $301K | $221K | $183K | $60K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $622K, expenses of $556K, and assets of $417K (revenue +54.9% year-over-year).
- 2021: Revenue of $401K, expenses of $314K, and assets of $361K (revenue -20.4% year-over-year).
- 2020: Revenue of $504K, expenses of $394K, and assets of $276K (revenue +52.9% year-over-year).
- 2019: Revenue of $329K, expenses of $462K, and assets of $124K (revenue -32.1% year-over-year).
- 2018: Revenue of $485K, expenses of $403K, and assets of $261K (revenue +82.6% year-over-year).
- 2017: Revenue of $266K, expenses of $299K, and assets of $172K (revenue -34.1% year-over-year).
- 2016: Revenue of $404K, expenses of $333K, and assets of $200K (revenue +13.7% year-over-year).
- 2015: Revenue of $355K, expenses of $424K, and assets of $126K (revenue -74.2% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.1M, and assets of $419K (revenue +191.3% year-over-year).
- 2013: Revenue of $473K, expenses of $440K, and assets of $212K (revenue +49.5% year-over-year).
- 2012: Revenue of $316K, expenses of $307K, and assets of $184K (revenue +5.0% year-over-year).
- 2011: Revenue of $301K, expenses of $221K, and assets of $183K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Georgia Wand Education Fund Inc:
Data Sources and Methodology
This transparency report for Georgia Wand Education Fund 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.