Michelle Wie Foundation
Michelle Wie Foundation operates with minimal and highly volatile revenue, raising sustainability concerns.
EIN: 204966923 · Las Vegas, NV · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1K |
| Total Expenses | $27K |
| Program Spending | 70% |
| Net Assets | $55K |
| Transparency Score | 45/100 |
Is Michelle Wie Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Michelle Wie Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Michelle Wie Foundation
Michelle Wie Foundation (EIN: 204966923) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T20. The organization reported total revenue of $1K and total assets of $53K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michelle Wie Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michelle Wie Foundation is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 22.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $27K |
| Surplus / Deficit | +$2K |
| Total Assets | $55K |
| Total Liabilities | $5 |
| Net Assets | $55K |
| Operating Margin | 5.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 23.9 months |
Financial Health Grade: A
In 2023, Michelle Wie Foundation reported a surplus of $2K with revenue exceeding expenses, holds 23.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Michelle Wie Foundation's revenue has grown at a compound annual growth rate (CAGR) of 22.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1498.3% | +843.9% | +2.8% |
| 2022 | -48.9% | -0.2% | -2.0% |
| 2021 | -13.3% | -2.8% | +1.2% |
| 2020 | +12.6% | -77.0% | +2.1% |
| 2019 | -82.0% | -43.3% | -14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Michelle Wie Foundation with a Mission Score of 45 out of 100 (Fair). 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: 70%
- fundraising: 10%
According to IRS 990 filings, Michelle Wie Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Michelle Wie Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its executives. This is a strong positive for financial transparency and ensures that all funds are theoretically available for the organization's mission.
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 Michelle Wie Foundation's IRS 990 filings:
- Extremely low and inconsistent revenue (e.g., $1,301 latest revenue, $1,810 in 2022)
- Frequent periods where expenses exceed revenue (e.g., 2022: $2,904 expenses vs. $1,810 revenue)
- Significant year-over-year revenue volatility (e.g., $28,929 in 2023 vs. $1,301 currently)
- Lack of detailed expense breakdown to assess program efficiency
Strengths
The following positive indicators were identified for Michelle Wie Foundation:
- Consistent reporting of 0% officer compensation, indicating high transparency in executive pay
- Stable asset base (around $53,000-$64,000) despite low operational revenue
Frequently Asked Questions about Michelle Wie Foundation
Is Michelle Wie Foundation a legitimate charity?
Michelle Wie Foundation (EIN: 204966923) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $1K. 4 red flags identified. 2 strengths noted. Financial health grade: A.
How does Michelle Wie Foundation spend its money?
Michelle Wie Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Michelle Wie Foundation tax-deductible?
Michelle Wie Foundation is registered as a tax-exempt nonprofit (EIN: 204966923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Michelle Wie Foundation's spending goes to programs?
Michelle Wie Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Michelle Wie Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Michelle Wie Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Michelle Wie Foundation located?
Michelle Wie Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 204966923. It is classified under NTEE code T20.
How many years of IRS 990 filings does Michelle Wie Foundation have?
Michelle Wie Foundation has 10 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 $1K in total revenue.
How does the Michelle Wie Foundation sustain operations with such low and inconsistent revenue?
The foundation's revenue has been extremely low in most years, with the latest reported at $1,301. While assets are around $53,419, the consistent low revenue and periods where expenses exceed revenue (e.g., 2022: $1,810 revenue vs. $2,904 expenses) suggest it either operates on a very small scale, relies on prior reserves, or has other undisclosed funding mechanisms.
What are the specific program activities of the Michelle Wie Foundation?
The provided IRS 990 data does not detail specific program activities. The NTEE code T20 (Recreational & Sports Clubs) suggests a focus on sports-related programs, but without further information, the exact nature and impact of its programs are unclear given the minimal financial scale.
Why did the foundation's revenue drop significantly from $28,929 in 2023 to $1,301 currently?
The sharp decline in revenue from $28,929 in the 2023 period to the current $1,301 is a significant concern. This volatility could be due to one-time donations in 2023, a change in funding strategy, or a decline in donor support. This level of fluctuation makes long-term planning and program delivery challenging.
Filing History
IRS 990 filing history for Michelle Wie Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Michelle Wie Foundation's revenue has grown by 1002.5%, moving from $3K to $29K. Total assets decreased by 13.6% over the same period, from $63K to $55K. Total functional expenses rose by 827.6%, from $3K to $27K. In its most recent filing year (2023), Michelle Wie Foundation reported a surplus of $2K, with revenue exceeding expenses. The organization holds $5 in liabilities against $55K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $55K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29K | $27K | $55K | $5 | — | — |
| 2022 | $2K | $3K | $53K | $21 | — | View 990 |
| 2021 | $4K | $3K | $54K | $10 | — | — |
| 2020 | $4K | $3K | $53K | $16 | — | — |
| 2019 | $4K | $13K | $52K | $6 | — | View 990 |
| 2015 | $20K | $23K | $61K | $1 | — | View 990 |
| 2014 | $3K | $3K | $64K | $6 | — | View 990 |
| 2013 | $3K | $3K | $64K | $13 | — | View 990 |
| 2012 | $4K | $3K | $64K | $12 | — | View 990 |
| 2011 | $3K | $3K | $63K | $12 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29K, expenses of $27K, and assets of $55K (revenue +1498.3% year-over-year).
- 2022: Revenue of $2K, expenses of $3K, and assets of $53K (revenue -48.9% year-over-year).
- 2021: Revenue of $4K, expenses of $3K, and assets of $54K (revenue -13.3% year-over-year).
- 2020: Revenue of $4K, expenses of $3K, and assets of $53K (revenue +12.6% year-over-year).
- 2019: Revenue of $4K, expenses of $13K, and assets of $52K (revenue -82.0% year-over-year).
- 2015: Revenue of $20K, expenses of $23K, and assets of $61K (revenue +513.9% year-over-year).
- 2014: Revenue of $3K, expenses of $3K, and assets of $64K (revenue +7.2% year-over-year).
- 2013: Revenue of $3K, expenses of $3K, and assets of $64K (revenue -15.4% year-over-year).
- 2012: Revenue of $4K, expenses of $3K, and assets of $64K (revenue +37.9% year-over-year).
- 2011: Revenue of $3K, expenses of $3K, and assets of $63K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michelle Wie Foundation:
Data Sources and Methodology
This transparency report for Michelle Wie 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.