Wckm Foundation
Wckm Foundation consistently reports minimal financial activity with $1 revenue and $0 expenses.
EIN: 202043264 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Net Assets | $482 |
| Transparency Score | 20/100 |
Is Wckm Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wckm Foundation
Wckm Foundation (EIN: 202043264) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $1 and total assets of $483 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wckm Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wckm Foundation is a micro nonprofit that has been operating for 21 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $0 |
| Surplus / Deficit | +$1 |
| Total Assets | $483 |
| Total Liabilities | $1 |
| Net Assets | $482 |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 0.2% |
Financial Health Grade: A
In 2020, Wckm Foundation reported a surplus of $1 with revenue exceeding expenses, has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), Wckm Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +0.0% | — | +70.7% |
| 2016 | +0.0% | — | +0.0% |
| 2015 | +0.0% | — | +0.0% |
| 2014 | +0.0% | — | +0.0% |
| 2013 | +0.0% | — | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Wckm Foundation with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Wckm Foundation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating no salaries paid to officers, which is appropriate given the organization's minimal financial activity.
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 Wckm Foundation's IRS 990 filings:
- Consistent reporting of $0 expenses, indicating no apparent charitable activity.
- Extremely low revenue ($1) across all filings, raising questions about its purpose and funding.
Strengths
The following positive indicators were identified for Wckm Foundation:
- Consistent IRS 990 filing history, demonstrating compliance.
- Zero officer compensation reported, indicating no personal financial benefit to leadership from the organization's minimal funds.
Frequently Asked Questions about Wckm Foundation
Is Wckm Foundation a legitimate charity?
Wckm Foundation (EIN: 202043264) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 20/100. It has 7 years of IRS 990 filings on record. Total revenue: $1. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Wckm Foundation spend its money?
Wckm Foundation reported $1 in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wckm Foundation tax-deductible?
Wckm Foundation is registered as a tax-exempt nonprofit (EIN: 202043264). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Wckm Foundation compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Wckm Foundation is below average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wckm Foundation located?
Wckm Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 202043264. It is classified under NTEE code T20.
How many years of IRS 990 filings does Wckm Foundation have?
Wckm Foundation has 7 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 $1 in total revenue.
What is the Wckm Foundation's actual charitable activity?
Based on the IRS 990 filings, the Wckm Foundation consistently reports $0 in expenses, making it unclear what, if any, charitable activities it is undertaking or funding.
Why does the Wckm Foundation consistently report only $1 in revenue?
The consistent reporting of $1 in revenue across all seven filings suggests it might be a placeholder or a very specific type of private foundation with minimal external funding or activity.
Is the Wckm Foundation actively operating?
With $0 in reported expenses, it is unlikely the Wckm Foundation is actively operating or conducting programs in a traditional sense, though it maintains its legal existence by filing 990s.
Filing History
IRS 990 filing history for Wckm Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), Wckm Foundation's revenue has grown by 0%, moving from $1 to $1. Total assets increased by 70.7% over the same period, from $283 to $483. The organization holds $1 in liabilities against $483 in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $482.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $1 | $0 | $483 | $1 | — | — |
| 2016 | $1 | $0 | $283 | $1 | — | View 990 |
| 2015 | $1 | $0 | $283 | $1 | — | View 990 |
| 2014 | $1 | $0 | $283 | $1 | — | View 990 |
| 2013 | $1 | $0 | $283 | $0 | — | View 990 |
| 2012 | $1 | $0 | $283 | $1 | — | View 990 |
| 2011 | $1 | $0 | $283 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $1, expenses of $0, and assets of $483 (revenue +0.0% year-over-year).
- 2016: Revenue of $1, expenses of $0, and assets of $283 (revenue +0.0% year-over-year).
- 2015: Revenue of $1, expenses of $0, and assets of $283 (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $0, and assets of $283 (revenue +0.0% year-over-year).
- 2013: Revenue of $1, expenses of $0, and assets of $283 (revenue +0.0% year-over-year).
- 2012: Revenue of $1, expenses of $0, and assets of $283 (revenue +0.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $283.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wckm Foundation:
Data Sources and Methodology
This transparency report for Wckm 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.