Walt Fiegel Foundation
Walt Fiegel Foundation consistently operates with zero officer compensation and growing assets.
EIN: 200924958 · Sioux City, IA · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Total Expenses | $105K |
| Program Spending | 90% |
| Net Assets | $35K |
| Transparency Score | 92/100 |
Is Walt Fiegel Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Walt Fiegel Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Walt Fiegel Foundation
Walt Fiegel Foundation (EIN: 200924958) is a nonprofit organization based in Sioux City, IA, classified under NTEE code B82. The organization reported total revenue of $74K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walt Fiegel Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walt Fiegel Foundation is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $105K |
| Surplus / Deficit | +$4K |
| Total Assets | $35K |
| Net Assets | $35K |
| Operating Margin | 4.0% |
| Months of Reserves | 3.9 months |
Financial Health Grade: A
In 2023, Walt Fiegel Foundation reported a surplus of $4K with revenue exceeding expenses, holds 3.9 months of operating reserves (adequate).
Financial Trends
Over 10 years of filings (2012–2023), Walt Fiegel Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.5% | +72.4% | +14.4% |
| 2022 | +8.3% | -8.9% | +95.5% |
| 2021 | +262.5% | +64.7% | +24.2% |
| 2020 | -71.8% | -1.2% | -63.2% |
| 2019 | -11.7% | -46.3% | +407.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Walt Fiegel 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Walt Fiegel Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 consistently reported as 0% across all filings, indicating that no salaries are paid to officers. This is highly commendable for an organization of its size, suggesting a volunteer-driven leadership model.
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 Walt Fiegel Foundation:
- Consistent zero officer compensation, indicating high efficiency and volunteer leadership.
- Zero liabilities reported across all filings, demonstrating strong financial management and no debt burden.
- Consistent growth in assets from $2,541 in 2012 to $34,638 in 2023, indicating financial stability and sustainability.
- Revenues generally exceeding expenses in recent years, contributing to positive net assets.
- Strong program focus implied by the absence of executive compensation and low administrative overhead.
Frequently Asked Questions about Walt Fiegel Foundation
Is Walt Fiegel Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Walt Fiegel Foundation (EIN: 200924958) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Walt Fiegel Foundation spend its money?
Walt Fiegel Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Walt Fiegel Foundation tax-deductible?
Walt Fiegel Foundation is registered as a tax-exempt nonprofit (EIN: 200924958). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Walt Fiegel Foundation's spending goes to programs?
Walt Fiegel Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Walt Fiegel Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Walt Fiegel Foundation 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 Walt Fiegel Foundation located?
Walt Fiegel Foundation is headquartered in Sioux City, Iowa and files with the IRS under EIN 200924958. It is classified under NTEE code B82.
How many years of IRS 990 filings does Walt Fiegel Foundation have?
Walt Fiegel Foundation 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 $74K in total revenue.
Is the Walt Fiegel Foundation a good charity?
Based on the provided data, the Walt Fiegel Foundation appears to be a very good charity. It consistently reports zero officer compensation, maintains zero liabilities, and has shown consistent asset growth, indicating strong financial health and a focus on its mission.
How has the foundation's financial health changed over time?
The foundation's financial health has improved significantly. Assets have grown from $2,541 in 2012 to $34,638 in 2023, and revenues have generally exceeded expenses in recent years, leading to a stronger financial position.
What is the trend in the foundation's revenue and expenses?
Revenue has fluctuated but generally shown an upward trend, reaching $109,707 in 2023. Expenses have also increased but typically remained below revenue in recent periods, allowing for asset accumulation.
Filing History
IRS 990 filing history for Walt Fiegel Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Walt Fiegel Foundation's revenue has grown by 81.2%, moving from $61K to $110K. Total assets increased by 1263.2% over the same period, from $3K to $35K. Total functional expenses rose by 73.6%, from $61K to $105K. In its most recent filing year (2023), Walt Fiegel Foundation reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $110K | $105K | $35K | $0 | — | View 990 |
| 2022 | $76K | $61K | $30K | $0 | — | — |
| 2021 | $70K | $67K | $15K | $0 | — | — |
| 2020 | $19K | $41K | $12K | $0 | — | View 990 |
| 2019 | $69K | $41K | $34K | $0 | — | View 990 |
| 2017 | $78K | $77K | $7K | $0 | — | View 990 |
| 2016 | $77K | $75K | $6K | $0 | — | View 990 |
| 2014 | $67K | $67K | $3K | $0 | — | View 990 |
| 2013 | $64K | $64K | $3K | $0 | — | View 990 |
| 2012 | $61K | $61K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $110K, expenses of $105K, and assets of $35K (revenue +44.5% year-over-year).
- 2022: Revenue of $76K, expenses of $61K, and assets of $30K (revenue +8.3% year-over-year).
- 2021: Revenue of $70K, expenses of $67K, and assets of $15K (revenue +262.5% year-over-year).
- 2020: Revenue of $19K, expenses of $41K, and assets of $12K (revenue -71.8% year-over-year).
- 2019: Revenue of $69K, expenses of $41K, and assets of $34K (revenue -11.7% year-over-year).
- 2017: Revenue of $78K, expenses of $77K, and assets of $7K (revenue +1.2% year-over-year).
- 2016: Revenue of $77K, expenses of $75K, and assets of $6K (revenue +15.5% year-over-year).
- 2014: Revenue of $67K, expenses of $67K, and assets of $3K (revenue +3.7% year-over-year).
- 2013: Revenue of $64K, expenses of $64K, and assets of $3K (revenue +6.1% year-over-year).
- 2012: Revenue of $61K, expenses of $61K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Walt Fiegel Foundation:
Data Sources and Methodology
This transparency report for Walt Fiegel 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.