The Wings Club Foundation Inc
The Wings Club Foundation Inc consistently generates revenue surpluses and has grown assets significantly over the past decade with no reported officer compensation.
EIN: 133648312 · New York, NY · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.7M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| Net Assets | $6.8M |
| Transparency Score | 90/100 |
Is The Wings Club 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 Wings Club Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Wings Club Foundation Inc
The Wings Club Foundation Inc (EIN: 133648312) is a nonprofit organization based in New York, NY, classified under NTEE code B82. The organization reported total revenue of $8.7M and total assets of $9.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Wings Club Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Wings Club Foundation Inc is a mid-size nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$679K |
| Total Assets | $7.2M |
| Total Liabilities | $491K |
| Net Assets | $6.8M |
| Operating Margin | 29.6% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 53.9 months |
Financial Health Grade: A
In 2023, The Wings Club Foundation Inc reported a surplus of $679K with revenue exceeding expenses, holds 53.9 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Wings Club Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.5% | +21.0% | +6.8% |
| 2022 | +83.9% | -3.9% | +5.2% |
| 2021 | -48.5% | -24.6% | +8.5% |
| 2020 | -26.4% | +3.9% | -4.2% |
| 2019 | -29.7% | -5.2% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Wings Club Foundation Inc with a Mission Score of 90 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 Wings Club Foundation Inc 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 surplus of $679K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for directing funds to its 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.
Strengths
The following positive indicators were identified for The Wings Club Foundation Inc:
- Consistent revenue surpluses in most years, indicating sound financial management.
- Significant and steady growth in assets from $1,109,093 in 2014 to $7,247,837 in 2023.
- Zero reported officer compensation across all filings, suggesting high efficiency in directing funds to mission.
- Low liabilities relative to assets, indicating strong financial stability.
- Extensive filing history (13 filings) demonstrating transparency and accountability.
Frequently Asked Questions about The Wings Club Foundation Inc
Is The Wings Club Foundation Inc a legitimate charity?
The Wings Club Foundation Inc (EIN: 133648312) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.7M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does The Wings Club Foundation Inc spend its money?
The Wings Club Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Wings Club Foundation Inc tax-deductible?
The Wings Club Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133648312). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Wings Club Foundation Inc's spending goes to programs?
The Wings Club Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Wings Club Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Wings Club Foundation 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 Wings Club Foundation Inc located?
The Wings Club Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133648312. It is classified under NTEE code B82.
How many years of IRS 990 filings does The Wings Club Foundation Inc have?
The Wings Club Foundation 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 $8.7M in total revenue.
Is The Wings Club Foundation Inc a good charity?
Based on the available financial data, The Wings Club Foundation Inc appears to be a well-managed organization with strong financial health, consistent asset growth, and a notable commitment to not paying officer compensation, which are all positive indicators for a charity.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved, with assets growing from $1,109,093 in 2014 to $7,247,837 in 2023, and revenues generally increasing, demonstrating robust growth and stability.
What is the trend in revenue and expenses?
Revenue has fluctuated but generally trended upwards, reaching $2,293,628 in 2023. Expenses have also increased but typically remain below revenue, resulting in consistent surpluses in most years, such as the $679,219 surplus in 2023.
Filing History
IRS 990 filing history for The Wings Club Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Wings Club Foundation Inc's revenue has grown by 1148.1%, moving from $184K to $2.3M. Total assets increased by 959.9% over the same period, from $684K to $7.2M. Total functional expenses rose by 5531.2%, from $29K to $1.6M. In its most recent filing year (2023), The Wings Club Foundation Inc reported a surplus of $679K, with revenue exceeding expenses. The organization holds $491K in liabilities against $7.2M in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $6.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $1.6M | $7.2M | $491K | — | View 990 |
| 2022 | $1.6M | $1.3M | $6.8M | $385K | — | View 990 |
| 2021 | $888K | $1.4M | $6.5M | $384K | — | View 990 |
| 2020 | $1.7M | $1.8M | $5.9M | $494K | — | View 990 |
| 2019 | $2.3M | $1.8M | $6.2M | $342K | — | View 990 |
| 2018 | $3.3M | $1.9M | $5.9M | $617K | — | View 990 |
| 2017 | $2.2M | $1.7M | $4.4M | $493K | — | View 990 |
| 2016 | $3.1M | $1.9M | $3.9M | $591K | — | View 990 |
| 2015 | $418K | $487K | $2.7M | $536K | — | View 990 |
| 2014 | $126K | $25K | $1.1M | $124K | — | View 990 |
| 2013 | $125K | $25K | $975K | $107K | — | View 990 |
| 2012 | $176K | $34K | $842K | $85K | — | View 990 |
| 2011 | $184K | $29K | $684K | $67K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $1.6M, and assets of $7.2M (revenue +40.5% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.3M, and assets of $6.8M (revenue +83.9% year-over-year).
- 2021: Revenue of $888K, expenses of $1.4M, and assets of $6.5M (revenue -48.5% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.8M, and assets of $5.9M (revenue -26.4% year-over-year).
- 2019: Revenue of $2.3M, expenses of $1.8M, and assets of $6.2M (revenue -29.7% year-over-year).
- 2018: Revenue of $3.3M, expenses of $1.9M, and assets of $5.9M (revenue +53.1% year-over-year).
- 2017: Revenue of $2.2M, expenses of $1.7M, and assets of $4.4M (revenue -29.5% year-over-year).
- 2016: Revenue of $3.1M, expenses of $1.9M, and assets of $3.9M (revenue +638.1% year-over-year).
- 2015: Revenue of $418K, expenses of $487K, and assets of $2.7M (revenue +232.6% year-over-year).
- 2014: Revenue of $126K, expenses of $25K, and assets of $1.1M (revenue +0.9% year-over-year).
- 2013: Revenue of $125K, expenses of $25K, and assets of $975K (revenue -29.1% year-over-year).
- 2012: Revenue of $176K, expenses of $34K, and assets of $842K (revenue -4.4% year-over-year).
- 2011: Revenue of $184K, expenses of $29K, and assets of $684K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Wings Club Foundation Inc:
Data Sources and Methodology
This transparency report for The Wings Club 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.