Wbfi Research Foundation
Wbfi Research Foundation reports $0 revenue and assets in its latest filing, indicating potential inactivity.
EIN: 202420919 · Britton, SD · NTEE: D05 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $38K |
| Program Spending | 80% |
| Net Assets | $42K |
| Transparency Score | 65/100 |
Search Intent Cockpit
Wbfi Research Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Wbfi Research Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Wbfi Research Foundation in one place.
Form 990 Filing Summary
8 filing years are available, with latest revenue of $32K and expenses of $38K.
Revenue and Expenses
Wbfi Research Foundation reported $32K in revenue and $38K in expenses, a deficit of $6K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
65/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Wbfi Research Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $30K (80%) |
Across stored filings, Wbfi Research Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 8 stored filing years |
| Peer context | Compare with River Of Life Community Church | South Dakota and Category D context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with River Of Life Community Church →All South Dakota nonprofits
All Category D
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Britton, SD nonprofitsCategory D in South Dakota
Unclassified in South Dakota
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Category D spending
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Donation Decision Flow
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Keep the Investigation Moving
Wbfi Research Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wbfi Research Foundation
Wbfi Research Foundation (EIN: 202420919) is a nonprofit organization based in Britton, SD, classified under NTEE code D05. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wbfi Research Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wbfi Research Foundation is a micro nonprofit that has been operating for 20 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -6.0%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $32K |
| Total Expenses | $38K |
| Surplus / Deficit | $-6,224 |
| Total Assets | $42K |
| Net Assets | $42K |
| Operating Margin | -19.7% |
| Months of Reserves | 13.4 months |
Financial Health Grade: B
In 2018, Wbfi Research Foundation reported a deficit of $6K with expenses exceeding revenue, holds 13.4 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2011–2018), Wbfi Research Foundation's revenue has declined at a compound annual growth rate (CAGR) of -6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -58.6% | -24.9% | -12.8% |
| 2017 | +0.9% | -8.2% | +114.4% |
| 2016 | +31.1% | -7.4% | +1070.2% |
| 2015 | -33.7% | -31.6% | -44.5% |
| 2014 | +0.7% | -9.5% | +13.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Wbfi Research Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Wbfi Research Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that officers are either unpaid volunteers or receive no compensation, which is typical for very small, lean organizations.
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 Wbfi Research Foundation's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential inactivity or closure.
- Expenses frequently exceeded revenue in several historical periods (e.g., 201812, 201512, 201312, 201112), which could indicate financial strain.
Strengths
The following positive indicators were identified for Wbfi Research Foundation:
- Consistently reported $0 in liabilities, indicating no debt.
- Zero officer compensation reported across all filings, suggesting efficient use of funds or volunteer leadership.
- Consistent filing of IRS 990s demonstrates a commitment to transparency over its active years.
Frequently Asked Questions about Wbfi Research Foundation
Is Wbfi Research Foundation a legitimate charity?
Wbfi Research Foundation (EIN: 202420919) is a registered tax-exempt nonprofit based in South Dakota. Our AI analysis gives it a Mission Score of 65/100. It has 8 years of IRS 990 filings on record. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Wbfi Research Foundation spend its money?
Wbfi Research Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Wbfi Research Foundation tax-deductible?
Wbfi Research Foundation is registered as a tax-exempt nonprofit (EIN: 202420919). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wbfi Research Foundation's spending goes to programs?
Wbfi Research Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wbfi Research Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Wbfi Research Foundation is above average for NTEE category D05 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wbfi Research Foundation located?
Wbfi Research Foundation is headquartered in Britton, South Dakota and files with the IRS under EIN 202420919. It is classified under NTEE code D05.
How many years of IRS 990 filings does Wbfi Research Foundation have?
Wbfi Research Foundation has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Wbfi Research Foundation currently active?
The latest filing showing $0 in revenue and assets suggests the organization may be inactive or has ceased operations, though this cannot be definitively confirmed without further information.
What is the primary focus of Wbfi Research Foundation's spending?
Based on the NTEE code D05 (Research Institutes & Services) and the general nature of a 'Research Foundation,' it is presumed that the majority of historical expenses were directed towards program-related research activities, though specific breakdowns are not available in the provided data.
How has Wbfi Research Foundation's financial health trended over time?
Historically, the organization maintained modest revenues and expenses, often with expenses exceeding revenues in several periods (e.g., 201812, 201512, 201312, 201112). Assets have fluctuated but remained relatively low, peaking at $48,562 in 201712 before declining to $0 in the latest period.
Filing History
IRS 990 filing history for Wbfi Research Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Wbfi Research Foundation's revenue has declined by 35.3%, moving from $49K to $32K. Total assets increased by 332.6% over the same period, from $10K to $42K. Total functional expenses fell by 47%, from $71K to $38K. In its most recent filing year (2018), Wbfi Research Foundation reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $32K | $38K | $42K | $0 | — | View 990 |
| 2017 | $76K | $50K | $49K | $0 | — | View 990 |
| 2016 | $76K | $55K | $23K | $0 | — | View 990 |
| 2015 | $58K | $59K | $2K | $0 | — | View 990 |
| 2014 | $87K | $87K | $3K | $0 | — | View 990 |
| 2013 | $86K | $96K | $3K | $0 | — | View 990 |
| 2012 | $113K | $110K | $12K | $0 | — | View 990 |
| 2011 | $49K | $71K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $32K, expenses of $38K, and assets of $42K (revenue -58.6% year-over-year).
- 2017: Revenue of $76K, expenses of $50K, and assets of $49K (revenue +0.9% year-over-year).
- 2016: Revenue of $76K, expenses of $55K, and assets of $23K (revenue +31.1% year-over-year).
- 2015: Revenue of $58K, expenses of $59K, and assets of $2K (revenue -33.7% year-over-year).
- 2014: Revenue of $87K, expenses of $87K, and assets of $3K (revenue +0.7% year-over-year).
- 2013: Revenue of $86K, expenses of $96K, and assets of $3K (revenue -23.5% year-over-year).
- 2012: Revenue of $113K, expenses of $110K, and assets of $12K (revenue +131.1% year-over-year).
- 2011: Revenue of $49K, expenses of $71K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wbfi Research Foundation:
Data Sources and Methodology
This transparency report for Wbfi Research 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.