Helen & Sidney Witty Foundation
Helen & Sidney Witty Foundation's assets have steadily declined over the past decade, with recent expenses exceeding revenue.
EIN: 200180760 · East Granby, CT · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $525K |
| Total Expenses | $54K |
| Program Spending | 90% |
| Net Assets | $899K |
| Transparency Score | 75/100 |
Is Helen & Sidney Witty Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Helen & Sidney Witty Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Helen & Sidney Witty Foundation
Helen & Sidney Witty Foundation (EIN: 200180760) is a nonprofit organization based in East Granby, CT, classified under NTEE code B82. The organization reported total revenue of $525K and total assets of $825K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Helen & Sidney Witty Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Helen & Sidney Witty Foundation is a small nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $54K |
| Surplus / Deficit | $-25,793 |
| Total Assets | $919K |
| Total Liabilities | $20K |
| Net Assets | $899K |
| Operating Margin | -91.6% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 204.5 months |
Financial Health Grade: B
In 2023, Helen & Sidney Witty Foundation reported a deficit of $26K with expenses exceeding revenue, holds 204.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Helen & Sidney Witty Foundation's revenue has declined at a compound annual growth rate (CAGR) of -10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -55.0% | -15.7% | -0.6% |
| 2022 | +11.8% | -10.0% | -0.2% |
| 2021 | +1829.7% | +4.1% | -1.6% |
| 2020 | -94.8% | -11.7% | -6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Helen & Sidney Witty Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Helen & Sidney Witty Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.2%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not reported as officer compensation, which is a strong positive for resource allocation.
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 Helen & Sidney Witty Foundation's IRS 990 filings:
- Consistent decline in assets over the past decade, from $1,159,445 in 2012 to $919,435 in 2023.
- Expenses frequently exceed revenue, such as in 2023 ($53,942 expenses vs. $28,149 revenue), indicating potential unsustainability without drawing down principal.
Strengths
The following positive indicators were identified for Helen & Sidney Witty Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds for its mission.
- Consistent filing of IRS Form 990s, demonstrating good transparency.
Frequently Asked Questions about Helen & Sidney Witty Foundation
Is Helen & Sidney Witty Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Helen & Sidney Witty Foundation (EIN: 200180760) some concerns. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
How does Helen & Sidney Witty Foundation spend its money?
Helen & Sidney Witty Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Helen & Sidney Witty Foundation tax-deductible?
Helen & Sidney Witty Foundation is registered as a tax-exempt nonprofit (EIN: 200180760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Helen & Sidney Witty Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Helen & Sidney Witty Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Helen & Sidney Witty Foundation located?
Helen & Sidney Witty Foundation is headquartered in East Granby, Connecticut and files with the IRS under EIN 200180760. It is classified under NTEE code B82.
How many years of IRS 990 filings does Helen & Sidney Witty Foundation have?
Helen & Sidney Witty 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. The most recent filing shows $525K in total revenue.
Is the Helen & Sidney Witty Foundation a good charity?
As a private foundation, its 'goodness' is typically measured by its grantmaking impact rather than direct charitable services. Financially, it demonstrates a commitment to its mission by not paying officer compensation, but its declining asset base and recent operating deficits (e.g., 2023 expenses of $53,942 against revenue of $28,149) suggest it may be spending down its endowment or facing financial challenges.
Why are the foundation's assets decreasing?
The foundation's assets have decreased from $1,159,445 in 2012 to $919,435 in 2023. This decline is likely due to a combination of factors, including expenses consistently exceeding revenue in several years (e.g., 2023, 2022, 2021, 2020, 2019), and potentially investment losses, indicating it may be spending down its principal or experiencing poor investment performance.
What is the foundation's primary focus given its NTEE code B82?
NTEE code B82 typically refers to 'Private Grantmaking Foundations.' This indicates the foundation's primary activity is making grants to other organizations or individuals, rather than directly operating programs.
Filing History
IRS 990 filing history for Helen & Sidney Witty Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Helen & Sidney Witty Foundation's revenue has declined by 74.1%, moving from $109K to $28K. Total assets decreased by 20.9% over the same period, from $1.2M to $919K. Total functional expenses fell by 18.1%, from $66K to $54K. In its most recent filing year (2023), Helen & Sidney Witty Foundation reported a deficit of $26K, with expenses exceeding revenue. The organization holds $20K in liabilities against $919K in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $899K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28K | $54K | $919K | $20K | — | — |
| 2022 | $63K | $64K | $925K | $1 | — | — |
| 2021 | $56K | $71K | $927K | $1 | — | — |
| 2020 | $3K | $68K | $942K | $1 | — | — |
| 2019 | $56K | $77K | $1.0M | $0 | — | View 990 |
| 2016 | $-37,813 | $50K | $1.1M | $1 | — | View 990 |
| 2015 | $-78,965 | $28K | $1.2M | $1 | — | View 990 |
| 2014 | $112K | $83K | $1.3M | $1 | — | View 990 |
| 2013 | $161K | $42K | $1.3M | $1 | — | View 990 |
| 2012 | $60K | $62K | $1.2M | $1 | — | View 990 |
| 2011 | $109K | $66K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28K, expenses of $54K, and assets of $919K (revenue -55.0% year-over-year).
- 2022: Revenue of $63K, expenses of $64K, and assets of $925K (revenue +11.8% year-over-year).
- 2021: Revenue of $56K, expenses of $71K, and assets of $927K (revenue +1829.7% year-over-year).
- 2020: Revenue of $3K, expenses of $68K, and assets of $942K (revenue -94.8% year-over-year).
- 2019: Revenue of $56K, expenses of $77K, and assets of $1.0M.
- 2016: Revenue of $-37,813, expenses of $50K, and assets of $1.1M.
- 2015: Revenue of $-78,965, expenses of $28K, and assets of $1.2M (revenue -170.4% year-over-year).
- 2014: Revenue of $112K, expenses of $83K, and assets of $1.3M (revenue -30.4% year-over-year).
- 2013: Revenue of $161K, expenses of $42K, and assets of $1.3M (revenue +169.9% year-over-year).
- 2012: Revenue of $60K, expenses of $62K, and assets of $1.2M (revenue -45.1% year-over-year).
- 2011: Revenue of $109K, expenses of $66K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Helen & Sidney Witty Foundation:
Data Sources and Methodology
This transparency report for Helen & Sidney Witty 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.