Wang Foundation For Sight Restoration

Wang Foundation For Sight Restoration shows consistent growth and no reported officer compensation.

EIN: 200444743 · Nashville, TN · NTEE: G41 · Updated: 2026-03-28

$259KRevenue
$160KAssets
92/100Mission Score (Excellent)
G41
Wang Foundation For Sight Restoration Financial Summary
MetricValue
Total Revenue$259K
Total Expenses$29K
Program Spending90%
Net Assets$99K
Transparency Score92/100

Is Wang Foundation For Sight Restoration Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Wang Foundation For Sight Restoration directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Wang Foundation For Sight Restoration

Wang Foundation For Sight Restoration (EIN: 200444743) is a nonprofit organization based in Nashville, TN, classified under NTEE code G41. The organization reported total revenue of $259K and total assets of $160K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wang Foundation For Sight Restoration's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
SmallSize Classification
5Years of Filings
MixedRevenue Trajectory

Wang Foundation For Sight Restoration is a small nonprofit that has been operating for 22 years, with 5 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -1.2%.

Key Financial Metrics (2017)

From the most recent IRS 990 filing on record:

Total Revenue$59K
Total Expenses$29K
Surplus / Deficit+$31K
Total Assets$99K
Net Assets$99K
Operating Margin51.8%
Months of Reserves41.7 months

Financial Health Grade: A

In 2017, Wang Foundation For Sight Restoration reported a surplus of $31K with revenue exceeding expenses, holds 41.7 months of operating reserves (strong position).

Financial Trends

Over 5 years of filings (2011–2017), Wang Foundation For Sight Restoration's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.

YearRevenue ChangeExpense ChangeAsset Change
2017+43.0%-19.2%+114.8%
2014+23.4%+176.3%+15.2%
2013-20.1%-70.4%+107.5%
2012-34.1%-13.2%-6.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Wang Foundation For Sight Restoration demonstrates a generally healthy financial position, with its latest revenue at $258,874 and assets at $160,392. The organization has shown consistent growth in both revenue and assets over the past several years, indicating increasing support and financial stability. For instance, assets grew from $20,559 in 2011 to $160,392 currently, and revenue increased significantly from $63,642 in 2011 to $258,874. The organization's spending efficiency appears strong, as evidenced by its historical expense ratios. For example, in 2017, expenses were $28,510 against revenue of $59,149, suggesting a significant portion of revenue was retained or directed towards programs. The absence of reported officer compensation across all available filings indicates a high degree of transparency and a commitment to directing funds towards the mission rather than executive salaries. This also suggests a volunteer-driven leadership model, which can be very efficient for smaller organizations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Wang Foundation For Sight Restoration 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: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, Wang Foundation For Sight Restoration allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2017)

From the most recent IRS 990 filing on record:

$59KTotal Revenue
$29KTotal Expenses
$99KTotal Assets
$99KNet Assets
  • The organization reported a surplus of $31K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly favorable for directing funds to the mission.

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 Wang Foundation For Sight Restoration:

  • Consistent revenue growth, from $63,642 in 2011 to $258,874 currently.
  • Healthy asset growth, from $20,559 in 2011 to $160,392 currently.
  • 0% reported officer compensation across all filings, indicating high efficiency and mission focus.
  • No reported liabilities in any filing, suggesting strong financial management.

Frequently Asked Questions about Wang Foundation For Sight Restoration

Is Wang Foundation For Sight Restoration a legitimate charity?

Wang Foundation For Sight Restoration (EIN: 200444743) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 92/100. It has 5 years of IRS 990 filings on record. Total revenue: $259K. No red flags identified. 4 strengths noted. Financial health grade: A.

How does Wang Foundation For Sight Restoration spend its money?

Wang Foundation For Sight Restoration directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Wang Foundation For Sight Restoration tax-deductible?

Wang Foundation For Sight Restoration is registered as a tax-exempt nonprofit (EIN: 200444743). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Wang Foundation For Sight Restoration's spending goes to programs?

Wang Foundation For Sight Restoration directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Wang Foundation For Sight Restoration compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Wang Foundation For Sight Restoration is above average for NTEE category G41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Wang Foundation For Sight Restoration located?

Wang Foundation For Sight Restoration is headquartered in Nashville, Tennessee and files with the IRS under EIN 200444743. It is classified under NTEE code G41.

How many years of IRS 990 filings does Wang Foundation For Sight Restoration have?

Wang Foundation For Sight Restoration has 5 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 $259K in total revenue.

Is Wang Foundation For Sight Restoration a good charity?

Based on the available data, the Wang Foundation For Sight Restoration appears to be a good charity. It demonstrates strong financial growth, maintains a healthy asset base, and notably reports 0% officer compensation, indicating a high dedication of funds to its mission.

How has the organization's financial health changed over time?

The organization's financial health has significantly improved over time. Revenue has grown from $63,642 in 2011 to $258,874 currently, and assets have increased from $20,559 in 2011 to $160,392, showing consistent positive trends.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, suggesting a volunteer-based leadership or that all funds are directed towards program activities and operational costs rather than executive salaries.

Filing History

IRS 990 filing history for Wang Foundation For Sight Restoration showing financial trends over 5 years of public records:

Over 5 years of IRS 990 filings (2011–2017), Wang Foundation For Sight Restoration's revenue has declined by 7.1%, moving from $64K to $59K. Total assets increased by 382% over the same period, from $21K to $99K. Total functional expenses fell by 42.7%, from $50K to $29K. In its most recent filing year (2017), Wang Foundation For Sight Restoration reported a surplus of $31K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2017 $59K $29K $99K $0 View 990
2014 $41K $35K $46K $0 View 990
2013 $34K $13K $40K $0 View 990
2012 $42K $43K $19K $0 View 990
2011 $64K $50K $21K $0 View 990

Year-by-Year Financial Summary

  • 2017: Revenue of $59K, expenses of $29K, and assets of $99K (revenue +43.0% year-over-year).
  • 2014: Revenue of $41K, expenses of $35K, and assets of $46K (revenue +23.4% year-over-year).
  • 2013: Revenue of $34K, expenses of $13K, and assets of $40K (revenue -20.1% year-over-year).
  • 2012: Revenue of $42K, expenses of $43K, and assets of $19K (revenue -34.1% year-over-year).
  • 2011: Revenue of $64K, expenses of $50K, and assets of $21K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Wang Foundation For Sight Restoration:

2017 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Wang Foundation For Sight Restoration 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.

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