Wallace V Pontiff Jr Foundation
Wallace V Pontiff Jr Foundation maintains strong asset growth with zero liabilities and no officer compensation.
EIN: 200229734 · Metairie, LA · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $43K |
| Total Expenses | $21K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $800,000. |
| Net Assets | $795K |
| Transparency Score | 92/100 |
Is Wallace V Pontiff Jr Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wallace V Pontiff Jr Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wallace V Pontiff Jr Foundation
Wallace V Pontiff Jr Foundation (EIN: 200229734) is a nonprofit organization based in Metairie, LA, classified under NTEE code T30. The organization reported total revenue of $43K and total assets of $757K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wallace V Pontiff Jr Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wallace V Pontiff Jr Foundation is a micro nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -13.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $21K |
| Surplus / Deficit | +$4K |
| Total Assets | $795K |
| Net Assets | $795K |
| Operating Margin | 16.9% |
| Months of Reserves | 448.8 months |
Financial Health Grade: A
In 2023, Wallace V Pontiff Jr Foundation reported a surplus of $4K with revenue exceeding expenses, holds 448.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Wallace V Pontiff Jr Foundation's revenue has declined at a compound annual growth rate (CAGR) of -13.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -82.9% | -80.8% | +0.5% |
| 2022 | +140.9% | +1198.3% | +5.1% |
| 2021 | +269.8% | -92.2% | +7.6% |
| 2020 | -91.1% | -9.5% | -11.7% |
| 2019 | +1.5% | -9.3% | +9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Wallace V Pontiff Jr Foundation with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Wallace V Pontiff Jr Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $4K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers. This suggests a volunteer-led or very lean administrative structure, which is highly efficient for an organization of its size with assets nearing $800,000.
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 Wallace V Pontiff Jr Foundation's IRS 990 filings:
- Significant revenue volatility year-to-year, which could impact consistent grantmaking capacity if not managed by reserves.
Strengths
The following positive indicators were identified for Wallace V Pontiff Jr Foundation:
- Zero liabilities across all reported periods, indicating exceptional financial stability.
- Consistent asset growth over the long term, from $355,183 in 2014 to $795,265 in 2023.
- 0% officer compensation, demonstrating highly efficient administrative spending.
- Strong program focus implied by the NTEE code (T30 - Foundations) and lean operational costs.
- Excellent transparency with consistent IRS 990 filings.
Frequently Asked Questions about Wallace V Pontiff Jr Foundation
Is Wallace V Pontiff Jr Foundation a legitimate charity?
Wallace V Pontiff Jr Foundation (EIN: 200229734) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $43K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Wallace V Pontiff Jr Foundation spend its money?
Wallace V Pontiff Jr Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Wallace V Pontiff Jr Foundation tax-deductible?
Wallace V Pontiff Jr Foundation is registered as a tax-exempt nonprofit (EIN: 200229734). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wallace V Pontiff Jr Foundation CEO make?
Wallace V Pontiff Jr Foundation's highest-compensated officer earns $800,000. annually. The organization reported $43K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Wallace V Pontiff Jr Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Wallace V Pontiff Jr Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wallace V Pontiff Jr Foundation located?
Wallace V Pontiff Jr Foundation is headquartered in Metairie, Louisiana and files with the IRS under EIN 200229734. It is classified under NTEE code T30.
How many years of IRS 990 filings does Wallace V Pontiff Jr Foundation have?
Wallace V Pontiff Jr Foundation 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 $43K in total revenue.
Is the Wallace V Pontiff Jr Foundation a good charity?
Based on the available financial data, the Wallace V Pontiff Jr Foundation appears to be a very good charity. It demonstrates excellent financial health with consistent asset growth, zero liabilities, and no executive compensation, indicating that nearly all resources are directed towards its mission.
How does the foundation manage its expenses given fluctuating revenue?
The foundation manages its expenses effectively, generally keeping them well below revenue, as seen in 2023 (Expenses $21,266 vs. Revenue $25,583) and 2022 (Expenses $111,016 vs. Revenue $149,353). This conservative spending allows for asset accumulation despite revenue fluctuations, with the exception of a significant expense year in 2014.
What is the long-term trend of the foundation's assets?
The foundation shows a strong long-term trend of asset growth, increasing from $355,183 in 2014 to $795,265 in 2023, nearly doubling its asset base over a decade. This indicates sound financial stewardship and investment.
Filing History
IRS 990 filing history for Wallace V Pontiff Jr Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wallace V Pontiff Jr Foundation's revenue has declined by 83.5%, moving from $155K to $26K. Total assets increased by 50% over the same period, from $530K to $795K. Total functional expenses fell by 85.6%, from $147K to $21K. In its most recent filing year (2023), Wallace V Pontiff Jr Foundation reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $21K | $795K | $0 | — | View 990 |
| 2022 | $149K | $111K | $791K | $0 | — | — |
| 2021 | $62K | $9K | $753K | $0 | — | View 990 |
| 2020 | $17K | $109K | $699K | $0 | — | View 990 |
| 2019 | $188K | $121K | $792K | $0 | — | View 990 |
| 2018 | $185K | $133K | $724K | $0 | — | View 990 |
| 2017 | $214K | $168K | $672K | $0 | — | View 990 |
| 2016 | $220K | $101K | $626K | $0 | — | View 990 |
| 2015 | $224K | $73K | $507K | $0 | — | View 990 |
| 2014 | $171K | $333K | $355K | $0 | — | View 990 |
| 2013 | $152K | $151K | $518K | $0 | — | View 990 |
| 2012 | $132K | $146K | $516K | $0 | — | View 990 |
| 2011 | $155K | $147K | $530K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26K, expenses of $21K, and assets of $795K (revenue -82.9% year-over-year).
- 2022: Revenue of $149K, expenses of $111K, and assets of $791K (revenue +140.9% year-over-year).
- 2021: Revenue of $62K, expenses of $9K, and assets of $753K (revenue +269.8% year-over-year).
- 2020: Revenue of $17K, expenses of $109K, and assets of $699K (revenue -91.1% year-over-year).
- 2019: Revenue of $188K, expenses of $121K, and assets of $792K (revenue +1.5% year-over-year).
- 2018: Revenue of $185K, expenses of $133K, and assets of $724K (revenue -13.6% year-over-year).
- 2017: Revenue of $214K, expenses of $168K, and assets of $672K (revenue -2.7% year-over-year).
- 2016: Revenue of $220K, expenses of $101K, and assets of $626K (revenue -1.7% year-over-year).
- 2015: Revenue of $224K, expenses of $73K, and assets of $507K (revenue +31.1% year-over-year).
- 2014: Revenue of $171K, expenses of $333K, and assets of $355K (revenue +12.1% year-over-year).
- 2013: Revenue of $152K, expenses of $151K, and assets of $518K (revenue +15.4% year-over-year).
- 2012: Revenue of $132K, expenses of $146K, and assets of $516K (revenue -14.6% year-over-year).
- 2011: Revenue of $155K, expenses of $147K, and assets of $530K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wallace V Pontiff Jr Foundation:
Data Sources and Methodology
This transparency report for Wallace V Pontiff Jr 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.