Meike Family Foundation Inc
Meike Family Foundation consistently spends significantly more than its minimal revenue, raising sustainability concerns.
EIN: 208543692 · Kaycee, WY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $256 |
| Total Expenses | $52K |
| Program Spending | 75% |
| Net Assets | $172K |
| Transparency Score | 35/100 |
Is Meike Family Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Meike Family Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Meike Family Foundation Inc
Meike Family Foundation Inc (EIN: 208543692) is a nonprofit organization based in Kaycee, WY, classified under NTEE code T22. The organization reported total revenue of $256 and total assets of $172K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meike Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Meike Family Foundation Inc is a micro nonprofit that has been operating for 15 years, with 8 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -49.8%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $256 |
| Total Expenses | $52K |
| Surplus / Deficit | $-51,594 |
| Total Assets | $172K |
| Total Liabilities | $1 |
| Net Assets | $172K |
| Operating Margin | -20153.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 39.8 months |
Financial Health Grade: B
In 2021, Meike Family Foundation Inc reported a deficit of $52K with expenses exceeding revenue, holds 39.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2021), Meike Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -49.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +14.8% | -12.9% | -23.1% |
| 2020 | -87.2% | -80.2% | -22.4% |
| 2019 | -11.2% | +54963.1% | +522.7% |
| 2015 | -75.2% | -95.3% | +3.0% |
| 2014 | -11.5% | +10.0% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
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 Meike Family Foundation Inc with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 75%
- fundraising: 5%
According to IRS 990 filings, Meike Family Foundation Inc allocates its expenses as follows: admin: 20%, programs: 75%, fundraising: 5%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $52K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is unpaid, which is a positive for minimizing administrative costs.
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 Meike Family Foundation Inc's IRS 990 filings:
- Consistent and significant negative net income (expenses far exceeding revenue) across multiple years, e.g., $256 revenue vs. $51,850 expenses in 2021.
- Unclear funding model given minimal reported revenue and substantial expenses.
- Assets have decreased significantly from $287,847 in 2019 to $171,807 in 2021, suggesting asset depletion to cover operational costs.
- High expense-to-revenue ratio, indicating potential operational inefficiency or reliance on non-revenue funding sources.
Strengths
The following positive indicators were identified for Meike Family Foundation Inc:
- Zero reported officer compensation, indicating a volunteer-driven leadership.
- Maintains a significant asset base ($171,807 in 2021) despite operational deficits.
Frequently Asked Questions about Meike Family Foundation Inc
Is Meike Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Meike Family Foundation Inc (EIN: 208543692) significant concerns. Mission Score: 35/100. 4 red flags identified, 2 strengths noted.
How does Meike Family Foundation Inc spend its money?
Meike Family Foundation Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Meike Family Foundation Inc tax-deductible?
Meike Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208543692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Meike Family Foundation Inc's spending goes to programs?
Meike Family Foundation Inc directs 75% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Meike Family Foundation Inc compare to similar nonprofits?
With a transparency score of 35/100 (Poor), Meike Family Foundation Inc is below average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Meike Family Foundation Inc located?
Meike Family Foundation Inc is headquartered in Kaycee, Wyoming and files with the IRS under EIN 208543692. It is classified under NTEE code T22.
How many years of IRS 990 filings does Meike Family Foundation Inc have?
Meike Family Foundation Inc has 8 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 $256 in total revenue.
How does the Meike Family Foundation Inc. sustain its operations given its consistently low revenue and high expenses?
The organization consistently reports revenue significantly lower than its expenses (e.g., $256 revenue vs. $51,850 expenses in 2021), suggesting it either relies on drawing down its assets, receives large non-recurring donations not captured in annual revenue, or has an unsustainable financial model.
What are the primary sources of funding for the Meike Family Foundation Inc.?
The IRS 990 data shows very low annual revenue figures, making it unclear what the primary and consistent sources of funding are for the organization, especially given its substantial expenses in some years.
What specific programs or grants does the Meike Family Foundation Inc. support?
The provided financial data from the IRS 990s does not detail the specific programs or grants the foundation supports, making it difficult to assess its programmatic impact.
Is the Meike Family Foundation Inc. at risk of insolvency due to its financial trends?
The consistent pattern of expenses far exceeding revenue, particularly in recent years, indicates a significant financial risk and raises concerns about the organization's long-term solvency if current trends continue.
Filing History
IRS 990 filing history for Meike Family Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2021), Meike Family Foundation Inc's revenue has declined by 99.9%, moving from $253K to $256. Total assets increased by 300.9% over the same period, from $43K to $172K. Total functional expenses fell by 79.6%, from $254K to $52K. In its most recent filing year (2021), Meike Family Foundation Inc reported a deficit of $52K, with expenses exceeding revenue. The organization holds $1 in liabilities against $172K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $172K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $256 | $52K | $172K | $1 | — | — |
| 2020 | $223 | $60K | $223K | $1 | — | View 990 |
| 2019 | $2K | $301K | $288K | $0 | — | View 990 |
| 2015 | $2K | $547 | $46K | $20 | — | View 990 |
| 2014 | $8K | $12K | $45K | $79 | — | View 990 |
| 2013 | $9K | $11K | $48K | $0 | — | View 990 |
| 2012 | $10K | $3K | $50K | $0 | — | View 990 |
| 2011 | $253K | $254K | $43K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $256, expenses of $52K, and assets of $172K (revenue +14.8% year-over-year).
- 2020: Revenue of $223, expenses of $60K, and assets of $223K (revenue -87.2% year-over-year).
- 2019: Revenue of $2K, expenses of $301K, and assets of $288K (revenue -11.2% year-over-year).
- 2015: Revenue of $2K, expenses of $547, and assets of $46K (revenue -75.2% year-over-year).
- 2014: Revenue of $8K, expenses of $12K, and assets of $45K (revenue -11.5% year-over-year).
- 2013: Revenue of $9K, expenses of $11K, and assets of $48K (revenue -8.7% year-over-year).
- 2012: Revenue of $10K, expenses of $3K, and assets of $50K (revenue -96.1% year-over-year).
- 2011: Revenue of $253K, expenses of $254K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Meike Family Foundation Inc:
Data Sources and Methodology
This transparency report for Meike Family 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.