Misdee Wrigley And James Mather Miller
Private Foundation Consistently Spends More Than It Earns, Drawing Down Assets
EIN: 201456820 · Sarasota, FL · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $639K |
| Total Expenses | $496K |
| Program Spending | 90% |
| Net Assets | $4.5M |
| Transparency Score | 75/100 |
Is Misdee Wrigley And James Mather Miller Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Misdee Wrigley And James Mather Miller directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Misdee Wrigley And James Mather Miller
Misdee Wrigley And James Mather Miller (EIN: 201456820) is a nonprofit organization based in Sarasota, FL, classified under NTEE code T22. The organization reported total revenue of $639K and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Misdee Wrigley And James Mather Miller's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Misdee Wrigley And James Mather Miller is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $139K |
| Total Expenses | $496K |
| Surplus / Deficit | $-357,346 |
| Total Assets | $4.5M |
| Total Liabilities | $1 |
| Net Assets | $4.5M |
| Operating Margin | -257.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 108.6 months |
Financial Health Grade: B
In 2023, Misdee Wrigley And James Mather Miller reported a deficit of $357K with expenses exceeding revenue, holds 108.6 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), Misdee Wrigley And James Mather Miller's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.0% | -16.6% | -7.4% |
| 2022 | -65.7% | +28.0% | -7.2% |
| 2021 | +68.8% | -8.1% | +3.6% |
| 2020 | -12.7% | -16.1% | -2.4% |
| 2019 | +150.0% | +24.0% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Misdee Wrigley And James Mather Miller 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, Misdee Wrigley And James Mather Miller 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 $357K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating no direct salary or benefits are paid to officers, which is highly favorable for donor confidence and efficient 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 Misdee Wrigley And James Mather Miller's IRS 990 filings:
- Consistent decline in total assets over the past decade, from $5,784,289 in 2012 to $4,490,835 in 2023.
- Expenses frequently exceed revenue, such as $496,376 in expenses versus $139,030 in revenue in 2023, indicating a reliance on drawing down principal.
Strengths
The following positive indicators were identified for Misdee Wrigley And James Mather Miller:
- Consistent reporting of 0% officer compensation across all filings, demonstrating excellent financial stewardship at the executive level.
- Minimal liabilities reported consistently ($1 in recent years), indicating strong financial control and low debt burden.
- Consistent filing of IRS Form 990s, indicating good transparency.
Frequently Asked Questions about Misdee Wrigley And James Mather Miller
Is Misdee Wrigley And James Mather Miller a legitimate charity?
Misdee Wrigley And James Mather Miller (EIN: 201456820) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $639K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Misdee Wrigley And James Mather Miller spend its money?
Misdee Wrigley And James Mather Miller directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Misdee Wrigley And James Mather Miller tax-deductible?
Misdee Wrigley And James Mather Miller is registered as a tax-exempt nonprofit (EIN: 201456820). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Misdee Wrigley And James Mather Miller compare to similar nonprofits?
With a transparency score of 75/100 (Good), Misdee Wrigley And James Mather Miller is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Misdee Wrigley And James Mather Miller located?
Misdee Wrigley And James Mather Miller is headquartered in Sarasota, Florida and files with the IRS under EIN 201456820. It is classified under NTEE code T22.
How many years of IRS 990 filings does Misdee Wrigley And James Mather Miller have?
Misdee Wrigley And James Mather Miller 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 $639K in total revenue.
Is Misdee Wrigley And James Mather Miller a good charity?
As a private grantmaking foundation, its 'goodness' is typically assessed by its grantmaking impact rather than direct charitable services. The consistent zero officer compensation is a strong positive. However, the sustained decline in assets due to expenses exceeding revenue warrants attention regarding its long-term financial strategy.
Why are assets declining?
The organization's assets have decreased from $5,784,289 in 2012 to $4,490,835 in 2023. This decline is primarily due to expenses frequently exceeding revenue, indicating that the foundation is spending more than it generates from investments or contributions, drawing down its principal over time.
What is the organization's primary activity?
Based on its NTEE code T22 (Private Grantmaking Foundations), its primary activity is making grants to other organizations or individuals, rather than directly operating programs.
Filing History
IRS 990 filing history for Misdee Wrigley And James Mather Miller showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Misdee Wrigley And James Mather Miller's revenue has declined by 31.5%, moving from $203K to $139K. Total assets decreased by 2.8% over the same period, from $4.6M to $4.5M. Total functional expenses rose by 14.7%, from $433K to $496K. In its most recent filing year (2023), Misdee Wrigley And James Mather Miller reported a deficit of $357K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $139K | $496K | $4.5M | $1 | — | — |
| 2022 | $221K | $596K | $4.8M | $1 | — | View 990 |
| 2021 | $644K | $465K | $5.2M | $1 | — | View 990 |
| 2020 | $382K | $506K | $5.0M | $1 | — | View 990 |
| 2019 | $437K | $603K | $5.2M | $1 | — | — |
| 2015 | $175K | $486K | $5.3M | $1 | — | View 990 |
| 2014 | $572K | $497K | $5.7M | $1 | — | View 990 |
| 2013 | $278K | $485K | $5.6M | $1 | — | View 990 |
| 2012 | $1.5M | $347K | $5.8M | $0 | — | View 990 |
| 2011 | $203K | $433K | $4.6M | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $139K, expenses of $496K, and assets of $4.5M (revenue -37.0% year-over-year).
- 2022: Revenue of $221K, expenses of $596K, and assets of $4.8M (revenue -65.7% year-over-year).
- 2021: Revenue of $644K, expenses of $465K, and assets of $5.2M (revenue +68.8% year-over-year).
- 2020: Revenue of $382K, expenses of $506K, and assets of $5.0M (revenue -12.7% year-over-year).
- 2019: Revenue of $437K, expenses of $603K, and assets of $5.2M (revenue +150.0% year-over-year).
- 2015: Revenue of $175K, expenses of $486K, and assets of $5.3M (revenue -69.4% year-over-year).
- 2014: Revenue of $572K, expenses of $497K, and assets of $5.7M (revenue +106.2% year-over-year).
- 2013: Revenue of $278K, expenses of $485K, and assets of $5.6M (revenue -81.6% year-over-year).
- 2012: Revenue of $1.5M, expenses of $347K, and assets of $5.8M (revenue +645.4% year-over-year).
- 2011: Revenue of $203K, expenses of $433K, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Misdee Wrigley And James Mather Miller:
Data Sources and Methodology
This transparency report for Misdee Wrigley And James Mather Miller 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.