Ward Foundation Inc
EIN: 61519409 · New Canaan, CT · NTEE: T20Z
Is Ward Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ward Foundation Inc
Ward Foundation Inc (EIN: 61519409) is a nonprofit organization based in New Canaan, CT, classified under NTEE code T20Z. The organization reported total revenue of $107K and total assets of $484K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ward Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Ward Foundation Inc 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 Ward Foundation Inc 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.
Frequently Asked Questions about Ward Foundation Inc
Is Ward Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ward Foundation Inc (EIN: 61519409) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ward Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Ward Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Ward Foundation Inc tax-deductible?
Ward Foundation Inc is registered as a tax-exempt nonprofit (EIN: 61519409). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Ward Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ward Foundation Inc's revenue has grown by 5.3%, moving from $27K to $28K. Total assets decreased by 10.6% over the same period, from $573K to $512K. Total functional expenses fell by 31.8%, from $45K to $31K. In its most recent filing year (2023), Ward Foundation Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $4K in liabilities against $512K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $508K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $28K | $31K | $512K | $4K | — | — |
| 2022 | $35K | $34K | $515K | $4K | — | — |
| 2021 | $28K | $22K | $515K | $4K | — | — |
| 2019 | $30K | $39K | $559K | $6K | — | View 990 |
| 2018 | $76K | $16K | $567K | $4K | — | View 990 |
| 2015 | $50K | $44K | $570K | $22K | — | View 990 |
| 2014 | $32K | $58K | $546K | $4K | — | View 990 |
| 2013 | $77K | $41K | $572K | $4K | — | View 990 |
| 2012 | $18K | $55K | $536K | $4K | — | View 990 |
| 2011 | $27K | $45K | $573K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28K, expenses of $31K, and assets of $512K (revenue -18.4% year-over-year).
- 2022: Revenue of $35K, expenses of $34K, and assets of $515K (revenue +25.1% year-over-year).
- 2021: Revenue of $28K, expenses of $22K, and assets of $515K (revenue -7.4% year-over-year).
- 2019: Revenue of $30K, expenses of $39K, and assets of $559K (revenue -60.7% year-over-year).
- 2018: Revenue of $76K, expenses of $16K, and assets of $567K (revenue +53.3% year-over-year).
- 2015: Revenue of $50K, expenses of $44K, and assets of $570K (revenue +53.3% year-over-year).
- 2014: Revenue of $32K, expenses of $58K, and assets of $546K (revenue -57.9% year-over-year).
- 2013: Revenue of $77K, expenses of $41K, and assets of $572K (revenue +325.9% year-over-year).
- 2012: Revenue of $18K, expenses of $55K, and assets of $536K (revenue -32.8% year-over-year).
- 2011: Revenue of $27K, expenses of $45K, and assets of $573K.
Data Sources and Methodology
This transparency report for Ward Foundation Inc 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.