The Wilfredo Perez Jr Memorial Fund Inc

The Wilfredo Perez Jr Memorial Fund Inc shows fluctuating revenue but consistent asset growth and zero liabilities.

EIN: 204451394 · New Preston, CT · NTEE: B82 · Updated: 2026-03-28

$23KRevenue
$230KAssets
85/100Mission Score (Excellent)
B82

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The Wilfredo Perez Jr Memorial Fund Inc Financial Summary
MetricValue
Total Revenue$23K
Total Expenses$156K
Program Spending80%
Net Assets$275K
Transparency Score85/100

Search Intent Cockpit

The Wilfredo Perez Jr Memorial Fund Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

The Wilfredo Perez Jr Memorial Fund Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around The Wilfredo Perez Jr Memorial Fund Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $123K and expenses of $156K.

Revenue and Expenses

The Wilfredo Perez Jr Memorial Fund Inc reported $123K in revenue and $156K in expenses, a deficit of $33K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is The Wilfredo Perez Jr Memorial Fund Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

The Wilfredo Perez Jr Memorial Fund Inc Expense Deployment
Program services$125K (80%)

Across stored filings, The Wilfredo Perez Jr Memorial Fund Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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The Wilfredo Perez Jr Memorial Fund Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend80% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Teen Center Of Wilton IncConnecticut and Education context

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The Wilfredo Perez Jr Memorial Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About The Wilfredo Perez Jr Memorial Fund Inc

The Wilfredo Perez Jr Memorial Fund Inc (EIN: 204451394) is a nonprofit organization based in New Preston, CT, classified under NTEE code B82. The organization reported total revenue of $23K and total assets of $230K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Wilfredo Perez Jr Memorial Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
MicroSize Classification
13Years of Filings
MixedRevenue Trajectory

The Wilfredo Perez Jr Memorial Fund Inc is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$123K
Total Expenses$156K
Surplus / Deficit$-32,803
Total Assets$275K
Net Assets$275K
Operating Margin-26.6%
Months of Reserves21.1 months

Financial Health Grade: B

In 2023, The Wilfredo Perez Jr Memorial Fund Inc reported a deficit of $33K with expenses exceeding revenue, holds 21.1 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), The Wilfredo Perez Jr Memorial Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+246.9%+269.0%-10.7%
2022-62.0%-36.9%-2.1%
2021+102.6%+102.9%+9.2%
2020-4.8%-4.3%+4.8%
2019-9.8%-16.1%+5.3%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Wilfredo Perez Jr Memorial Fund Inc demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $274,885 in 2023. The organization's revenue has fluctuated, with a notable increase to $123,385 in 2023, followed by a decrease to $23,235 in the latest reported period. Despite this fluctuation, the organization has consistently maintained zero liabilities, indicating strong financial management and a lack of debt. Spending efficiency appears to be a mixed bag; in 2023, expenses ($156,188) exceeded revenue ($123,385), suggesting a draw from reserves or a temporary deficit. However, in other years like 2021, revenue significantly outpaced expenses ($93,485 vs. $67,075), allowing for asset accumulation. The absence of officer compensation reported across all filings suggests a volunteer-driven leadership, which enhances transparency and ensures more funds are directed towards the mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Wilfredo Perez Jr Memorial Fund 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, The Wilfredo Perez Jr Memorial Fund Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$123KTotal Revenue
$156KTotal Expenses
$275KTotal Assets
$275KNet Assets
  • The organization reported a deficit of $33K, with expenses exceeding revenue.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based. This is a positive sign for donors, as it means all contributions are directed towards the organization's mission rather than executive salaries.

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 The Wilfredo Perez Jr Memorial Fund Inc's IRS 990 filings:

  • Significant revenue fluctuation year-over-year, making future income less predictable (e.g., $123,385 in 2023 vs. $23,235 latest revenue).

Strengths

The following positive indicators were identified for The Wilfredo Perez Jr Memorial Fund Inc:

  • Consistent asset growth over the past decade, from $211,981 in 2014 to $274,885 in 2023.
  • Zero liabilities reported across all filings, indicating strong financial management and no debt.
  • 0% officer compensation, demonstrating a volunteer-driven leadership and efficient use of donor funds.
  • Strong program focus implied by the absence of executive compensation, directing more resources to the mission.

Frequently Asked Questions about The Wilfredo Perez Jr Memorial Fund Inc

Is The Wilfredo Perez Jr Memorial Fund Inc a legitimate charity?

The Wilfredo Perez Jr Memorial Fund Inc (EIN: 204451394) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $23K. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does The Wilfredo Perez Jr Memorial Fund Inc spend its money?

The Wilfredo Perez Jr Memorial Fund Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to The Wilfredo Perez Jr Memorial Fund Inc tax-deductible?

The Wilfredo Perez Jr Memorial Fund Inc is registered as a tax-exempt nonprofit (EIN: 204451394). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of The Wilfredo Perez Jr Memorial Fund Inc's spending goes to programs?

The Wilfredo Perez Jr Memorial Fund Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does The Wilfredo Perez Jr Memorial Fund Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), The Wilfredo Perez Jr Memorial Fund Inc 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 The Wilfredo Perez Jr Memorial Fund Inc located?

The Wilfredo Perez Jr Memorial Fund Inc is headquartered in New Preston, Connecticut and files with the IRS under EIN 204451394. It is classified under NTEE code B82.

How many years of IRS 990 filings does The Wilfredo Perez Jr Memorial Fund Inc have?

The Wilfredo Perez Jr Memorial Fund Inc has 13 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 $23K in total revenue.

Is The Wilfredo Perez Jr Memorial Fund Inc a good charity?

Based on the available data, the organization appears to be a good charity. It maintains zero liabilities, has shown consistent asset growth, and reports no officer compensation, indicating a strong commitment to its mission and efficient use of funds.

How has the organization's financial health changed over time?

The organization's financial health has been generally stable with consistent asset growth from $211,981 in 2014 to $274,885 in 2023. Revenue has fluctuated significantly year-to-year, but the organization has consistently maintained zero liabilities.

What is the organization's approach to executive compensation?

The Wilfredo Perez Jr Memorial Fund Inc reports 0% officer compensation in all available filings, indicating that its executive leadership operates on a volunteer basis.

Why did expenses exceed revenue in 2023?

In 2023, expenses ($156,188) exceeded revenue ($123,385) by $32,803. This could indicate a strategic investment in programs, a one-time expense, or a draw from accumulated assets to support operations.

Filing History

IRS 990 filing history for The Wilfredo Perez Jr Memorial Fund Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), The Wilfredo Perez Jr Memorial Fund Inc's revenue has grown by 182.8%, moving from $44K to $123K. Total assets increased by 51.8% over the same period, from $181K to $275K. Total functional expenses rose by 589.8%, from $23K to $156K. In its most recent filing year (2023), The Wilfredo Perez Jr Memorial Fund Inc reported a deficit of $33K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $123K $156K $275K $0 View 990
2022 $36K $42K $308K $0 View 990
2021 $93K $67K $314K $0
2020 $46K $33K $288K $0 View 990
2019 $48K $35K $275K $0 View 990
2018 $54K $41K $261K $0 View 990
2017 $43K $22K $248K $0 View 990
2016 $48K $43K $227K $0 View 990
2015 $38K $28K $222K $0 View 990
2014 $45K $33K $212K $0 View 990
2013 $43K $45K $200K $0 View 990
2012 $47K $26K $202K $0 View 990
2011 $44K $23K $181K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $123K, expenses of $156K, and assets of $275K (revenue +246.9% year-over-year).
  • 2022: Revenue of $36K, expenses of $42K, and assets of $308K (revenue -62.0% year-over-year).
  • 2021: Revenue of $93K, expenses of $67K, and assets of $314K (revenue +102.6% year-over-year).
  • 2020: Revenue of $46K, expenses of $33K, and assets of $288K (revenue -4.8% year-over-year).
  • 2019: Revenue of $48K, expenses of $35K, and assets of $275K (revenue -9.8% year-over-year).
  • 2018: Revenue of $54K, expenses of $41K, and assets of $261K (revenue +24.5% year-over-year).
  • 2017: Revenue of $43K, expenses of $22K, and assets of $248K (revenue -9.3% year-over-year).
  • 2016: Revenue of $48K, expenses of $43K, and assets of $227K (revenue +24.0% year-over-year).
  • 2015: Revenue of $38K, expenses of $28K, and assets of $222K (revenue -14.1% year-over-year).
  • 2014: Revenue of $45K, expenses of $33K, and assets of $212K (revenue +3.8% year-over-year).
  • 2013: Revenue of $43K, expenses of $45K, and assets of $200K (revenue -7.6% year-over-year).
  • 2012: Revenue of $47K, expenses of $26K, and assets of $202K (revenue +6.9% year-over-year).
  • 2011: Revenue of $44K, expenses of $23K, and assets of $181K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for The Wilfredo Perez Jr Memorial Fund Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for The Wilfredo Perez Jr Memorial Fund 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.

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