Warren Foundation
Warren Foundation shows consistent asset growth and minimal liabilities with no reported officer compensation.
EIN: 116615888 · Mitchellville, IA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $240K |
| Total Expenses | $62K |
| Program Spending | 90% |
| Net Assets | $573K |
| Transparency Score | 92/100 |
Is Warren Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Warren Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Warren Foundation
Warren Foundation (EIN: 116615888) is a nonprofit organization based in Mitchellville, IA, classified under NTEE code T22. The organization reported total revenue of $240K and total assets of $664K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Warren Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Warren Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 22.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $103K |
| Total Expenses | $62K |
| Surplus / Deficit | +$41K |
| Total Assets | $573K |
| Total Liabilities | $1 |
| Net Assets | $573K |
| Operating Margin | 40.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 111.8 months |
Financial Health Grade: A
In 2023, Warren Foundation reported a surplus of $41K with revenue exceeding expenses, holds 111.8 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), Warren Foundation's revenue has grown at a compound annual growth rate (CAGR) of 22.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +153.7% | -25.3% | +14.9% |
| 2022 | -76.9% | +35.8% | -22.6% |
| 2021 | +349.7% | +112.0% | +22.5% |
| 2020 | -9.7% | +16.4% | +9.4% |
| 2019 | +141.4% | +7.7% | +32.1% |
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 Warren 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, Warren 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 $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for a foundation of its size.
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 Warren Foundation's IRS 990 filings:
- Lack of detailed program vs. administrative expense breakdown in summary data
Strengths
The following positive indicators were identified for Warren Foundation:
- Consistent asset growth from $145,426 in 2011 to $573,106 in 2023
- Minimal liabilities ($0-$1 across all filings)
- 0% reported officer compensation across all filings, indicating high efficiency
- Generally positive net revenue in most reporting periods
- Strong financial stability with a healthy asset base relative to expenses
Frequently Asked Questions about Warren Foundation
Is Warren Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Warren Foundation (EIN: 116615888) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Warren Foundation spend its money?
Warren Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Warren Foundation tax-deductible?
Warren Foundation is registered as a tax-exempt nonprofit (EIN: 116615888). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Warren Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Warren Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Warren Foundation located?
Warren Foundation is headquartered in Mitchellville, Iowa and files with the IRS under EIN 116615888. It is classified under NTEE code T22.
How many years of IRS 990 filings does Warren Foundation have?
Warren 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 $240K in total revenue.
Is Warren Foundation a good charity?
Based on the available IRS 990 data, Warren Foundation appears to be a financially sound and efficient organization. It consistently maintains low expenses relative to revenue, has growing assets, and reports no officer compensation, which are all positive indicators for a private grantmaking foundation.
How has Warren Foundation's financial health changed over time?
The foundation's financial health has significantly improved over time. Assets have grown from $145,426 in 2011 to $573,106 in 2023. Revenue has fluctuated but generally outpaced expenses, leading to asset accumulation. Liabilities have remained consistently minimal ($0-$1).
What is the Warren Foundation's primary focus?
Given its NTEE code T22, the Warren Foundation is classified as a Private Grantmaking Foundation, meaning its primary focus is to provide grants to other organizations or individuals to support charitable activities.
Filing History
IRS 990 filing history for Warren Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Warren Foundation's revenue has grown by 1069.2%, moving from $9K to $103K. Total assets increased by 294.1% over the same period, from $145K to $573K. Total functional expenses rose by 524.9%, from $10K to $62K. In its most recent filing year (2023), Warren Foundation reported a surplus of $41K, with revenue exceeding expenses. The organization holds $1 in liabilities against $573K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $573K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $103K | $62K | $573K | $1 | — | — |
| 2022 | $40K | $82K | $499K | $1 | — | View 990 |
| 2021 | $175K | $61K | $644K | $1 | — | View 990 |
| 2020 | $39K | $29K | $526K | $1 | — | — |
| 2019 | $43K | $25K | $481K | $1 | — | — |
| 2015 | $18K | $23K | $364K | $1 | — | View 990 |
| 2014 | $39K | $20K | $405K | $1 | — | View 990 |
| 2013 | $37K | $12K | $381K | $1 | — | View 990 |
| 2012 | $205K | $10K | $349K | $1 | — | View 990 |
| 2011 | $9K | $10K | $145K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $103K, expenses of $62K, and assets of $573K (revenue +153.7% year-over-year).
- 2022: Revenue of $40K, expenses of $82K, and assets of $499K (revenue -76.9% year-over-year).
- 2021: Revenue of $175K, expenses of $61K, and assets of $644K (revenue +349.7% year-over-year).
- 2020: Revenue of $39K, expenses of $29K, and assets of $526K (revenue -9.7% year-over-year).
- 2019: Revenue of $43K, expenses of $25K, and assets of $481K (revenue +141.4% year-over-year).
- 2015: Revenue of $18K, expenses of $23K, and assets of $364K (revenue -54.1% year-over-year).
- 2014: Revenue of $39K, expenses of $20K, and assets of $405K (revenue +4.3% year-over-year).
- 2013: Revenue of $37K, expenses of $12K, and assets of $381K (revenue -81.7% year-over-year).
- 2012: Revenue of $205K, expenses of $10K, and assets of $349K (revenue +2231.2% year-over-year).
- 2011: Revenue of $9K, expenses of $10K, and assets of $145K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Warren Foundation:
Data Sources and Methodology
This transparency report for Warren 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.