Walter H Wulf & May L Wulf Charitable Foundation
EIN: 481201785 · Humboldt, KS · NTEE: T30Z
| Metric | Value |
|---|---|
| Total Revenue | $33K |
| Total Expenses | $24K |
| Net Assets | $43K |
Is Walter H Wulf & May L Wulf Charitable Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Walter H Wulf & May L Wulf Charitable Foundation
Walter H Wulf & May L Wulf Charitable Foundation (EIN: 481201785) is a nonprofit organization based in Humboldt, KS, classified under NTEE code T30Z. The organization reported total revenue of $33K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walter H Wulf & May L Wulf Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walter H Wulf & May L Wulf Charitable Foundation is a micro nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $24K |
| Surplus / Deficit | +$5K |
| Total Assets | $43K |
| Total Liabilities | $1 |
| Net Assets | $43K |
| Operating Margin | 16.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 21.5 months |
Financial Health Grade: A
In 2023, Walter H Wulf & May L Wulf Charitable Foundation reported a surplus of $5K with revenue exceeding expenses, holds 21.5 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), Walter H Wulf & May L Wulf Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.0% | +5.9% | +12.7% |
| 2022 | -0.4% | +70.4% | +8.8% |
| 2021 | +190.9% | -6.9% | +55.7% |
| 2020 | -20.5% | -14.1% | -19.3% |
| 2019 | +51.5% | +103.9% | -33.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Walter H Wulf & May L Wulf Charitable Foundation 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 Walter H Wulf & May L Wulf Charitable Foundation 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 surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Walter H Wulf & May L Wulf Charitable Foundation
Is Walter H Wulf & May L Wulf Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Walter H Wulf & May L Wulf Charitable Foundation (EIN: 481201785) insufficient data. 0 red flags identified, 0 strengths noted.
How does Walter H Wulf & May L Wulf Charitable Foundation spend its money?
Detailed spending breakdown data is not yet available for Walter H Wulf & May L Wulf Charitable Foundation. Check back for updated IRS 990 analysis.
Are donations to Walter H Wulf & May L Wulf Charitable Foundation tax-deductible?
Walter H Wulf & May L Wulf Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 481201785). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Walter H Wulf & May L Wulf Charitable Foundation located?
Walter H Wulf & May L Wulf Charitable Foundation is headquartered in Humboldt, Kansas and files with the IRS under EIN 481201785. It is classified under NTEE code T30Z.
How many years of IRS 990 filings does Walter H Wulf & May L Wulf Charitable Foundation have?
Walter H Wulf & May L Wulf Charitable 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 $33K in total revenue.
Filing History
IRS 990 filing history for Walter H Wulf & May L Wulf Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Walter H Wulf & May L Wulf Charitable Foundation's revenue has grown by 228.1%, moving from $9K to $29K. Total assets increased by 2.8% over the same period, from $41K to $43K. Total functional expenses rose by 199.1%, from $8K to $24K. In its most recent filing year (2023), Walter H Wulf & May L Wulf Charitable Foundation reported a surplus of $5K, with revenue exceeding expenses. The organization holds $1 in liabilities against $43K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29K | $24K | $43K | $1 | — | — |
| 2022 | $26K | $23K | $38K | $1 | — | — |
| 2021 | $26K | $13K | $35K | $1 | — | — |
| 2020 | $9K | $14K | $22K | $1 | — | View 990 |
| 2019 | $11K | $17K | $28K | $1 | — | View 990 |
| 2015 | $7K | $8K | $42K | $1 | — | View 990 |
| 2014 | $9K | $7K | $43K | $1 | — | View 990 |
| 2013 | $6K | $7K | $41K | $1 | — | View 990 |
| 2012 | $7K | $8K | $41K | $1 | — | View 990 |
| 2011 | $9K | $8K | $41K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29K, expenses of $24K, and assets of $43K (revenue +12.0% year-over-year).
- 2022: Revenue of $26K, expenses of $23K, and assets of $38K (revenue -0.4% year-over-year).
- 2021: Revenue of $26K, expenses of $13K, and assets of $35K (revenue +190.9% year-over-year).
- 2020: Revenue of $9K, expenses of $14K, and assets of $22K (revenue -20.5% year-over-year).
- 2019: Revenue of $11K, expenses of $17K, and assets of $28K (revenue +51.5% year-over-year).
- 2015: Revenue of $7K, expenses of $8K, and assets of $42K (revenue -20.7% year-over-year).
- 2014: Revenue of $9K, expenses of $7K, and assets of $43K (revenue +51.4% year-over-year).
- 2013: Revenue of $6K, expenses of $7K, and assets of $41K (revenue -18.6% year-over-year).
- 2012: Revenue of $7K, expenses of $8K, and assets of $41K (revenue -14.1% year-over-year).
- 2011: Revenue of $9K, expenses of $8K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Walter H Wulf & May L Wulf Charitable Foundation:
Data Sources and Methodology
This transparency report for Walter H Wulf & May L Wulf Charitable 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.