The Wilhelm And Karl Maybach Foundation
The Wilhelm And Karl Maybach Foundation shows volatile revenue and expenses but maintains strong asset growth with no reported officer compensation.
EIN: 203534578 · San Francisco, CA · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.2M |
| Total Expenses | $397K |
| Program Spending | 85% |
| Net Assets | $6.8M |
| Transparency Score | 80/100 |
Is The Wilhelm And Karl Maybach Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Wilhelm And Karl Maybach Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Wilhelm And Karl Maybach Foundation
The Wilhelm And Karl Maybach Foundation (EIN: 203534578) is a nonprofit organization based in San Francisco, CA, classified under NTEE code O50. The organization reported total revenue of $8.2M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Wilhelm And Karl Maybach Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Wilhelm And Karl Maybach Foundation is a mid-size nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $384K |
| Total Expenses | $397K |
| Surplus / Deficit | $-12,838 |
| Total Assets | $6.9M |
| Total Liabilities | $89K |
| Net Assets | $6.8M |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 207.7 months |
Financial Health Grade: B
In 2023, The Wilhelm And Karl Maybach Foundation reported a deficit of $13K with expenses exceeding revenue, holds 207.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), The Wilhelm And Karl Maybach Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -92.7% | -57.0% | +19.0% |
| 2022 | +2010.7% | +252.6% | +128.2% |
| 2021 | +353.1% | -51.4% | +4.3% |
| 2020 | -64.7% | -24.2% | -4.2% |
| 2019 | -93.3% | +47.4% | -52.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Wilhelm And Karl Maybach Foundation with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, The Wilhelm And Karl Maybach Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly favorable for minimizing administrative costs relative to the organization's size and revenue fluctuations.
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 Wilhelm And Karl Maybach Foundation's IRS 990 filings:
- Highly inconsistent revenue streams, making long-term financial planning challenging.
- Significant year-over-year expense variability without clear explanation in summary data.
Strengths
The following positive indicators were identified for The Wilhelm And Karl Maybach Foundation:
- Consistent growth in assets, from $4,768,642 in 2011 to $6,867,574 in 2023, demonstrating strong financial management of reserves.
- Zero reported officer compensation across all filings, indicating a commitment to low administrative overhead in this area.
- Healthy asset-to-liability ratio, suggesting strong financial stability and low debt.
Frequently Asked Questions about The Wilhelm And Karl Maybach Foundation
Is The Wilhelm And Karl Maybach Foundation a legitimate charity?
The Wilhelm And Karl Maybach Foundation (EIN: 203534578) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 80/100. It has 11 years of IRS 990 filings on record. Total revenue: $8.2M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does The Wilhelm And Karl Maybach Foundation spend its money?
The Wilhelm And Karl Maybach Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Wilhelm And Karl Maybach Foundation tax-deductible?
The Wilhelm And Karl Maybach Foundation is registered as a tax-exempt nonprofit (EIN: 203534578). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Wilhelm And Karl Maybach Foundation's spending goes to programs?
The Wilhelm And Karl Maybach Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Wilhelm And Karl Maybach Foundation compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), The Wilhelm And Karl Maybach Foundation is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Wilhelm And Karl Maybach Foundation located?
The Wilhelm And Karl Maybach Foundation is headquartered in San Francisco, California and files with the IRS under EIN 203534578. It is classified under NTEE code O50.
How many years of IRS 990 filings does The Wilhelm And Karl Maybach Foundation have?
The Wilhelm And Karl Maybach Foundation has 11 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 $8.2M in total revenue.
What caused the significant revenue fluctuations, such as the jump from $249,371 in 2021 to $5,263,445 in 2022?
The IRS 990 filings show substantial year-over-year changes in revenue, suggesting reliance on large, infrequent donations or specific project-based funding that varies significantly.
How does the organization manage its programs with such variable expense levels?
Expenses have ranged from $251,711 to $923,062, indicating that program activities may be scaled up or down based on available funding, or that certain years involve larger, one-off project expenditures.
What is the nature of the liabilities reported, which have fluctuated from $12 to $89,220?
The liabilities, while generally low relative to assets, show some variability. Further detail in the 990s would be needed to understand if these are operational payables, grants payable, or other obligations.
Filing History
IRS 990 filing history for The Wilhelm And Karl Maybach Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), The Wilhelm And Karl Maybach Foundation's revenue has grown by 113.8%, moving from $180K to $384K. Total assets increased by 11123% over the same period, from $61K to $6.9M. Total functional expenses rose by 119%, from $181K to $397K. In its most recent filing year (2023), The Wilhelm And Karl Maybach Foundation reported a deficit of $13K, with expenses exceeding revenue. The organization holds $89K in liabilities against $6.9M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $6.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $384K | $397K | $6.9M | $89K | — | — |
| 2022 | $5.3M | $923K | $5.8M | $66K | — | View 990 |
| 2021 | $249K | $262K | $2.5M | $65K | — | View 990 |
| 2020 | $55K | $538K | $2.4M | $9K | — | View 990 |
| 2019 | $156K | $710K | $2.5M | $24K | — | View 990 |
| 2015 | $2.3M | $482K | $5.3M | $83K | — | View 990 |
| 2014 | $324K | $428K | $3.9M | $12 | — | View 990 |
| 2013 | $189K | $265K | $3.9M | $1K | — | View 990 |
| 2012 | $81K | $273K | $3.6M | $11K | — | View 990 |
| 2011 | $3.9M | $252K | $4.8M | $58K | — | View 990 |
| 2010 | $180K | $181K | $61K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $384K, expenses of $397K, and assets of $6.9M (revenue -92.7% year-over-year).
- 2022: Revenue of $5.3M, expenses of $923K, and assets of $5.8M (revenue +2010.7% year-over-year).
- 2021: Revenue of $249K, expenses of $262K, and assets of $2.5M (revenue +353.1% year-over-year).
- 2020: Revenue of $55K, expenses of $538K, and assets of $2.4M (revenue -64.7% year-over-year).
- 2019: Revenue of $156K, expenses of $710K, and assets of $2.5M (revenue -93.3% year-over-year).
- 2015: Revenue of $2.3M, expenses of $482K, and assets of $5.3M (revenue +613.4% year-over-year).
- 2014: Revenue of $324K, expenses of $428K, and assets of $3.9M (revenue +71.3% year-over-year).
- 2013: Revenue of $189K, expenses of $265K, and assets of $3.9M (revenue +132.2% year-over-year).
- 2012: Revenue of $81K, expenses of $273K, and assets of $3.6M (revenue -97.9% year-over-year).
- 2011: Revenue of $3.9M, expenses of $252K, and assets of $4.8M (revenue +2093.8% year-over-year).
- 2010: Revenue of $180K, expenses of $181K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Wilhelm And Karl Maybach Foundation:
Data Sources and Methodology
This transparency report for The Wilhelm And Karl Maybach 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.