Wacek Charitable Foundation Tr 022297
EIN: 746446797 · Blue Rapids, KS · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $70K |
| Total Expenses | $22K |
| Net Assets | $272K |
Is Wacek Charitable Foundation Tr 022297 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wacek Charitable Foundation Tr 022297
Wacek Charitable Foundation Tr 022297 (EIN: 746446797) is a nonprofit organization based in Blue Rapids, KS, classified under NTEE code T20Z. The organization reported total revenue of $70K and total assets of $291K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wacek Charitable Foundation Tr 022297's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wacek Charitable Foundation Tr 022297 is a micro nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $22K |
| Surplus / Deficit | $-5,333 |
| Total Assets | $272K |
| Total Liabilities | $1 |
| Net Assets | $272K |
| Operating Margin | -32.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 151.2 months |
Financial Health Grade: B
In 2023, Wacek Charitable Foundation Tr 022297 reported a deficit of $5K with expenses exceeding revenue, holds 151.2 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), Wacek Charitable Foundation Tr 022297's revenue has declined at a compound annual growth rate (CAGR) of -2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.3% | +0.4% | -1.9% |
| 2022 | -31.9% | -0.6% | -2.6% |
| 2021 | -56.3% | +1065.7% | -0.4% |
| 2020 | +312.4% | +36.6% | +18.8% |
| 2019 | -93.3% | -99.8% | +51.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wacek Charitable Foundation Tr 022297 has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wacek Charitable Foundation Tr 022297 with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Wacek Charitable Foundation Tr 022297
Is Wacek Charitable Foundation Tr 022297 a legitimate charity?
Based on AI analysis of IRS 990 filings, Wacek Charitable Foundation Tr 022297 (EIN: 746446797) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wacek Charitable Foundation Tr 022297 spend its money?
Detailed spending breakdown data is not yet available for Wacek Charitable Foundation Tr 022297. Check back for updated IRS 990 analysis.
Are donations to Wacek Charitable Foundation Tr 022297 tax-deductible?
Wacek Charitable Foundation Tr 022297 is registered as a tax-exempt nonprofit (EIN: 746446797). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wacek Charitable Foundation Tr 022297 located?
Wacek Charitable Foundation Tr 022297 is headquartered in Blue Rapids, Kansas and files with the IRS under EIN 746446797. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Wacek Charitable Foundation Tr 022297 have?
Wacek Charitable Foundation Tr 022297 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 $70K in total revenue.
Filing History
IRS 990 filing history for Wacek Charitable Foundation Tr 022297 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Wacek Charitable Foundation Tr 022297's revenue has declined by 28.2%, moving from $23K to $16K. Total assets decreased by 66.7% over the same period, from $817K to $272K. Total functional expenses rose by 1342.9%, from $1K to $22K. In its most recent filing year (2023), Wacek Charitable Foundation Tr 022297 reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1 in liabilities against $272K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $272K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $22K | $272K | $1 | — | — |
| 2022 | $14K | $22K | $277K | $1 | — | View 990 |
| 2021 | $21K | $22K | $285K | $1 | — | — |
| 2020 | $47K | $2K | $286K | $1 | — | View 990 |
| 2019 | $11K | $1K | $241K | $1 | — | View 990 |
| 2015 | $171K | $901K | $159K | $1 | — | View 990 |
| 2014 | $86K | $103K | $889K | $1 | — | View 990 |
| 2013 | $63K | $2K | $906K | $1 | — | View 990 |
| 2012 | $30K | $1K | $846K | $1 | — | View 990 |
| 2011 | $23K | $1K | $817K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16K, expenses of $22K, and assets of $272K (revenue +16.3% year-over-year).
- 2022: Revenue of $14K, expenses of $22K, and assets of $277K (revenue -31.9% year-over-year).
- 2021: Revenue of $21K, expenses of $22K, and assets of $285K (revenue -56.3% year-over-year).
- 2020: Revenue of $47K, expenses of $2K, and assets of $286K (revenue +312.4% year-over-year).
- 2019: Revenue of $11K, expenses of $1K, and assets of $241K (revenue -93.3% year-over-year).
- 2015: Revenue of $171K, expenses of $901K, and assets of $159K (revenue +98.9% year-over-year).
- 2014: Revenue of $86K, expenses of $103K, and assets of $889K (revenue +36.4% year-over-year).
- 2013: Revenue of $63K, expenses of $2K, and assets of $906K (revenue +107.0% year-over-year).
- 2012: Revenue of $30K, expenses of $1K, and assets of $846K (revenue +34.8% year-over-year).
- 2011: Revenue of $23K, expenses of $1K, and assets of $817K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wacek Charitable Foundation Tr 022297:
Data Sources and Methodology
This transparency report for Wacek Charitable Foundation Tr 022297 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.