Waker Foundation
Waker Foundation operates with minimal assets and no officer compensation, expending all revenue annually.
EIN: 113830237 · Skipperville, AL · NTEE: P20 · Updated: 2026-03-28
Is Waker Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Waker Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Waker Foundation
Waker Foundation (EIN: 113830237) is a nonprofit organization based in Skipperville, AL, classified under NTEE code P20. The organization reported total revenue of $22K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waker Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waker Foundation is a micro nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2020).
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $22K |
| Surplus / Deficit | +$0 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | 0.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2020, Waker Foundation reported a surplus of $0 with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -40.0% | -40.0% | +0.0% |
| 2019 | -18.1% | -18.1% | +0.0% |
| 2018 | +123.0% | +123.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Waker Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Waker Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization is run by volunteers or that compensation is not reported in a way that is visible on the 990, which is highly unusual for an organization with revenue. This suggests a very small, possibly family-run or entirely volunteer-driven operation.
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 Waker Foundation's IRS 990 filings:
- Extremely low asset base ($1) consistently reported, indicating no financial reserves or significant operational infrastructure.
- Periods of $0 revenue and expenses, suggesting inconsistent activity or dormancy.
- Lack of detailed expense breakdown on the provided data, making it impossible to verify program spending efficiency beyond the assumption that all expenses are programmatic given 0% officer comp.
Strengths
The following positive indicators were identified for Waker Foundation:
- No reported liabilities across all filings, indicating financial solvency and no debt.
- Consistent 0% officer compensation, suggesting a volunteer-driven model and efficient use of funds for mission-related activities.
- All revenue is expended annually, indicating funds are put to use rather than accumulated.
Frequently Asked Questions about Waker Foundation
Is Waker Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Waker Foundation (EIN: 113830237) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Waker Foundation spend its money?
Waker Foundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Waker Foundation tax-deductible?
Waker Foundation is registered as a tax-exempt nonprofit (EIN: 113830237). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific programs Waker Foundation funds?
The IRS 990 data provided does not offer details on specific programs. The NTEE code P20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests it's a grantmaking entity, but without further information, the exact nature of its programmatic spending is unclear.
How does Waker Foundation manage to operate with only $1 in assets?
The consistent reporting of $1 in assets suggests a very lean operational model, possibly indicating that the organization does not own significant property or equipment, and funds are disbursed almost immediately upon receipt, preventing accumulation of cash reserves.
Is the Waker Foundation transparent about its operations?
While the financial filings are consistent in their reporting of revenue, expenses, and assets, the lack of detailed expense breakdowns (e.g., program vs. administrative costs) and the absence of officer compensation make it difficult to fully assess operational transparency from the provided data alone.
Filing History
IRS 990 filing history for Waker Foundation showing financial trends over 10 years of public records:
Total assets increased by 0% over the same period, from $1 to $1. In its most recent filing year (2020), Waker Foundation reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $22K | $22K | $1 | $0 | — | — |
| 2019 | $37K | $37K | $1 | $0 | — | — |
| 2018 | $45K | $45K | $1 | $0 | — | — |
| 2017 | $20K | $20K | $1 | $0 | — | View 990 |
| 2016 | $0 | $0 | $1 | $0 | — | View 990 |
| 2015 | $0 | $0 | $0 | $0 | — | View 990 |
| 2014 | $1K | $1K | $1 | $0 | — | View 990 |
| 2013 | $12K | $15K | $1 | $0 | — | View 990 |
| 2012 | $0 | $0 | $0 | $0 | — | View 990 |
| 2011 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $22K, expenses of $22K, and assets of $1 (revenue -40.0% year-over-year).
- 2019: Revenue of $37K, expenses of $37K, and assets of $1 (revenue -18.1% year-over-year).
- 2018: Revenue of $45K, expenses of $45K, and assets of $1 (revenue +123.0% year-over-year).
- 2017: Revenue of $20K, expenses of $20K, and assets of $1.
- 2016: Revenue of $0, expenses of $0, and assets of $1.
- 2015: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2014: Revenue of $1K, expenses of $1K, and assets of $1 (revenue -89.6% year-over-year).
- 2013: Revenue of $12K, expenses of $15K, and assets of $1.
- 2012: Revenue of $0, expenses of $0, and assets of $0.
- 2011: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waker Foundation:
Data Sources and Methodology
This transparency report for Waker 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.