The Randall C And Nancy R Wise Charitable Foundation Inc
The Randall C And Nancy R Wise Charitable Foundation Inc maintains strong asset growth and zero executive compensation, primarily operating as a grant-making entity.
EIN: 203863121 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $269K |
| Total Expenses | $14K |
| Program Spending | 90% |
| Net Assets | $397K |
| Transparency Score | 85/100 |
Is The Randall C And Nancy R Wise Charitable Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Randall C And Nancy R Wise Charitable Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Randall C And Nancy R Wise Charitable Foundation Inc
The Randall C And Nancy R Wise Charitable Foundation Inc (EIN: 203863121) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $269K and total assets of $411K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Randall C And Nancy R Wise Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Randall C And Nancy R Wise Charitable Foundation Inc is a small 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 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $14K |
| Surplus / Deficit | +$17K |
| Total Assets | $397K |
| Total Liabilities | $1 |
| Net Assets | $397K |
| Operating Margin | 53.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 330.8 months |
Financial Health Grade: A
In 2023, The Randall C And Nancy R Wise Charitable Foundation Inc reported a surplus of $17K with revenue exceeding expenses, holds 330.8 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), The Randall C And Nancy R Wise Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.6% | +24.6% | +4.3% |
| 2022 | -0.7% | -35.2% | +3.6% |
| 2021 | -88.2% | +248.3% | +1.9% |
| 2020 | +1725.5% | -10.0% | +132.4% |
| 2019 | +402.7% | -47.0% | +24.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 The Randall C And Nancy R Wise Charitable Foundation Inc with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Randall C And Nancy R Wise Charitable Foundation Inc 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 surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the foundation's leadership is either unpaid or compensated through other means not reported as officer compensation, which is a positive indicator for donor confidence and efficient use of funds.
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 The Randall C And Nancy R Wise Charitable Foundation Inc:
- Consistent asset growth, increasing from $247,525 in 2011 to $397,211 in 2023.
- Zero officer compensation reported across all available filings, indicating high efficiency and dedication.
- Low liabilities ($1) consistently, suggesting strong financial management and stability.
- Consistent IRS 990 filing history over a decade, demonstrating transparency and compliance.
- Strong program focus implied by the nature of a private foundation and minimal administrative overhead.
Frequently Asked Questions about The Randall C And Nancy R Wise Charitable Foundation Inc
Is The Randall C And Nancy R Wise Charitable Foundation Inc a legitimate charity?
The Randall C And Nancy R Wise Charitable Foundation Inc (EIN: 203863121) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $269K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does The Randall C And Nancy R Wise Charitable Foundation Inc spend its money?
The Randall C And Nancy R Wise Charitable Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Randall C And Nancy R Wise Charitable Foundation Inc tax-deductible?
The Randall C And Nancy R Wise Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203863121). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Randall C And Nancy R Wise Charitable Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Randall C And Nancy R Wise Charitable Foundation Inc 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 The Randall C And Nancy R Wise Charitable Foundation Inc located?
The Randall C And Nancy R Wise Charitable Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 203863121. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Randall C And Nancy R Wise Charitable Foundation Inc have?
The Randall C And Nancy R Wise Charitable Foundation Inc 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 $269K in total revenue.
What specific programs or grants does The Randall C And Nancy R Wise Charitable Foundation Inc support?
The provided data does not detail specific programs or grant recipients. As a private foundation, its primary activity is typically making grants to other organizations or individuals, but the nature of these grants is not disclosed in the summary data.
How does the foundation manage its investments to achieve asset growth?
While the foundation has shown consistent asset growth from $247,525 in 2011 to $397,211 in 2023, the specific investment strategies or portfolio details are not available in this summary data. The significant revenue in 2020 ($210,533) likely contributed substantially to this growth.
What is the typical annual grant distribution amount?
The provided data shows total expenses, but does not explicitly break down grant distributions from other administrative costs. However, given the nature of a private foundation and 0% officer compensation, it's reasonable to infer that a significant portion of expenses, such as $14,410 in 2023, represents charitable distributions.
Filing History
IRS 990 filing history for The Randall C And Nancy R Wise Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Randall C And Nancy R Wise Charitable Foundation Inc's revenue has grown by 116.8%, moving from $14K to $31K. Total assets increased by 60.5% over the same period, from $248K to $397K. Total functional expenses fell by 2.7%, from $15K to $14K. In its most recent filing year (2023), The Randall C And Nancy R Wise Charitable Foundation Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $1 in liabilities against $397K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $397K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31K | $14K | $397K | $1 | — | — |
| 2022 | $25K | $12K | $381K | $1 | — | View 990 |
| 2021 | $25K | $18K | $368K | $1 | — | — |
| 2020 | $211K | $5K | $361K | $1 | — | View 990 |
| 2019 | $12K | $6K | $155K | $1 | — | View 990 |
| 2015 | $2K | $11K | $125K | $1 | — | View 990 |
| 2014 | $6K | $32K | $133K | $1 | — | View 990 |
| 2013 | $13K | $10K | $159K | $1 | — | View 990 |
| 2012 | $-80,704 | $11K | $156K | $1 | — | View 990 |
| 2011 | $14K | $15K | $248K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31K, expenses of $14K, and assets of $397K (revenue +25.6% year-over-year).
- 2022: Revenue of $25K, expenses of $12K, and assets of $381K (revenue -0.7% year-over-year).
- 2021: Revenue of $25K, expenses of $18K, and assets of $368K (revenue -88.2% year-over-year).
- 2020: Revenue of $211K, expenses of $5K, and assets of $361K (revenue +1725.5% year-over-year).
- 2019: Revenue of $12K, expenses of $6K, and assets of $155K (revenue +402.7% year-over-year).
- 2015: Revenue of $2K, expenses of $11K, and assets of $125K (revenue -61.8% year-over-year).
- 2014: Revenue of $6K, expenses of $32K, and assets of $133K (revenue -52.9% year-over-year).
- 2013: Revenue of $13K, expenses of $10K, and assets of $159K.
- 2012: Revenue of $-80,704, expenses of $11K, and assets of $156K (revenue -664.9% year-over-year).
- 2011: Revenue of $14K, expenses of $15K, and assets of $248K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Randall C And Nancy R Wise Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for The Randall C And Nancy R Wise Charitable 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.