Wedignify
Wedignify maintains stable finances with no executive compensation reported.
EIN: 113792645 · Champaign, IL · NTEE: R620 · Updated: 2026-03-28
Is Wedignify Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wedignify directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wedignify
Wedignify (EIN: 113792645) is a nonprofit organization based in Champaign, IL, classified under NTEE code R620. The organization reported total revenue of $430K and total assets of $156K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wedignify's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wedignify with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Wedignify 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.
Executive Compensation Analysis
Wedignify consistently reports 0% officer compensation across all eight IRS 990 filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization with revenues often exceeding $400,000 annually.
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 Wedignify's IRS 990 filings:
- Lack of detailed expense breakdown prevents full assessment of spending efficiency
- Consistent operational deficits in recent years (e.g., 2022, 2023) could erode assets over time if not addressed
Strengths
The following positive indicators were identified for Wedignify:
- Consistent 0% officer compensation, indicating high dedication of resources to mission
- Strong financial transparency with a complete IRS 990 filing history
- Low liabilities across all reporting periods, indicating minimal debt
- Stable asset base, demonstrating financial resilience
- Consistent revenue generation over multiple years
Frequently Asked Questions about Wedignify
Is Wedignify a legitimate charity?
Based on AI analysis of IRS 990 filings, Wedignify (EIN: 113792645) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Wedignify spend its money?
Wedignify directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wedignify tax-deductible?
Wedignify is registered as a tax-exempt nonprofit (EIN: 113792645). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Wedignify a good charity?
Based on the provided data, Wedignify appears to be a well-managed organization with strong financial transparency, particularly regarding its lack of executive compensation. Its consistent filing and stable financial position suggest it is a responsible steward of funds.
How does Wedignify manage its finances given 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that leadership roles may be filled by volunteers, or compensation is structured in a way that is not reported as 'officer compensation' on the 990, such as through a related entity or as contractor fees. This practice significantly reduces overhead.
What is Wedignify's financial trend?
Wedignify's revenue and expenses have fluctuated over the years, with revenues ranging from $231,844 (2014) to $538,044 (2022). While there have been periods of slight deficits (e.g., 2023, 2022), the organization generally maintains a balanced budget, indicating operational stability.
Filing History
IRS 990 filing history for Wedignify showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2014–2023), Wedignify's revenue has grown by 98.2%, moving from $232K to $460K. Total assets increased by 36.4% over the same period, from $123K to $168K. Total functional expenses rose by 120.5%, from $216K to $477K. In its most recent filing year (2023), Wedignify reported a deficit of $17K, with expenses exceeding revenue. The organization holds $2K in liabilities against $168K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $167K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $460K | $477K | $168K | $2K | — | View 990 |
| 2022 | $538K | $573K | $184K | $1K | — | View 990 |
| 2021 | $264K | $280K | $217K | $2K | — | View 990 |
| 2020 | $538K | $450K | $233K | $3K | — | — |
| 2019 | $518K | $476K | $142K | $370 | — | View 990 |
| 2018 | $435K | $458K | $102K | $4K | — | View 990 |
| 2017 | $387K | $387K | $125K | $3K | — | View 990 |
| 2014 | $232K | $216K | $123K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $460K, expenses of $477K, and assets of $168K (revenue -14.6% year-over-year).
- 2022: Revenue of $538K, expenses of $573K, and assets of $184K (revenue +103.7% year-over-year).
- 2021: Revenue of $264K, expenses of $280K, and assets of $217K (revenue -50.9% year-over-year).
- 2020: Revenue of $538K, expenses of $450K, and assets of $233K (revenue +3.7% year-over-year).
- 2019: Revenue of $518K, expenses of $476K, and assets of $142K (revenue +19.1% year-over-year).
- 2018: Revenue of $435K, expenses of $458K, and assets of $102K (revenue +12.4% year-over-year).
- 2017: Revenue of $387K, expenses of $387K, and assets of $125K (revenue +66.9% year-over-year).
- 2014: Revenue of $232K, expenses of $216K, and assets of $123K.
Data Sources and Methodology
This transparency report for Wedignify 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.