Wee Can Know Inc
Wee Can Know Inc. operates with no officer compensation, showing consistent but modest growth and occasional deficits.
EIN: 10806954 · Mobile, AL · NTEE: X21 · Updated: 2026-03-27
Is Wee Can Know Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wee Can Know Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wee Can Know Inc
Wee Can Know Inc (EIN: 10806954) is a nonprofit organization based in Mobile, AL, classified under NTEE code X21. The organization reported total revenue of $67K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wee Can Know Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wee Can Know Inc is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $56K |
| Total Expenses | $65K |
| Surplus / Deficit | $-9,701 |
| Total Assets | $16K |
| Net Assets | $16K |
| Operating Margin | -17.4% |
| Months of Reserves | 2.9 months |
Financial Health Grade: C
In 2023, Wee Can Know Inc reported a deficit of $10K with expenses exceeding revenue, holds 2.9 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Wee Can Know Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.1% | +13.4% | -38.3% |
| 2022 | +5.0% | +10.7% | +33.8% |
| 2021 | +17.8% | +11.0% | +89.3% |
| 2020 | +6.7% | -7.2% | +54.3% |
| 2019 | +4.8% | +10.0% | -23.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2004 |
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 Wee Can Know Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Wee Can Know Inc 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 deficit of $10K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no funds are allocated to officer salaries, which is highly commendable for an organization 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 Wee Can Know Inc's IRS 990 filings:
- Occasional deficits where expenses exceed revenue (e.g., $9,701 deficit in 202312, $2,016 deficit in 201912).
Strengths
The following positive indicators were identified for Wee Can Know Inc:
- Consistent 0% officer compensation across all reported periods.
- Regular and consistent filing of IRS Form 990s (13 filings).
- Absence of liabilities in recent years (2020-2023).
- Gradual increase in assets over the past decade, from $3,658 in 2014 to $15,659 in 2023.
Frequently Asked Questions about Wee Can Know Inc
Is Wee Can Know Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wee Can Know Inc (EIN: 10806954) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Wee Can Know Inc spend its money?
Wee Can Know Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wee Can Know Inc tax-deductible?
Wee Can Know Inc is registered as a tax-exempt nonprofit (EIN: 10806954). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Wee Can Know Inc. financially stable?
Wee Can Know Inc. shows moderate financial stability. While assets have grown from $3,658 in 2014 to $15,659 in 2023, and liabilities have been $0 in recent years, the organization has experienced periods where expenses exceeded revenue, such as a $9,701 deficit in 2023, indicating a need for careful financial management.
How transparent is Wee Can Know Inc.?
Wee Can Know Inc. demonstrates strong transparency through its consistent filing of IRS Form 990s over 13 periods and the explicit reporting of 0% officer compensation, which is a key indicator of accountability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all available filings, meaning no funds are used for executive salaries, which is a significant positive for donor confidence.
Has the organization's financial health improved over time?
Financially, the organization has seen its assets grow from $3,658 in 2014 to $15,659 in 2023, and its revenue has generally increased from $28,518 in 2014 to $55,713 in 2023, suggesting overall growth, though with occasional expense overruns.
Filing History
IRS 990 filing history for Wee Can Know Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wee Can Know Inc's revenue has grown by 126.6%, moving from $25K to $56K. Total assets increased by 2366% over the same period, from $635 to $16K. Total functional expenses rose by 156.3%, from $26K to $65K. In its most recent filing year (2023), Wee Can Know Inc reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $56K | $65K | $16K | $0 | — | — |
| 2022 | $64K | $58K | $25K | $0 | — | View 990 |
| 2021 | $61K | $52K | $19K | $0 | — | View 990 |
| 2020 | $52K | $47K | $10K | $0 | — | View 990 |
| 2019 | $49K | $51K | $6K | $1K | — | View 990 |
| 2018 | $46K | $46K | $9K | $1K | — | View 990 |
| 2017 | $45K | $43K | $8K | $1K | — | — |
| 2016 | $35K | $34K | $5K | $1K | — | View 990 |
| 2015 | $35K | $33K | $5K | $763 | — | View 990 |
| 2014 | $29K | $26K | $4K | $1K | — | View 990 |
| 2013 | $29K | $29K | $371 | $341 | — | View 990 |
| 2012 | $25K | $24K | $911 | $96 | — | View 990 |
| 2011 | $25K | $26K | $635 | $341 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $56K, expenses of $65K, and assets of $16K (revenue -13.1% year-over-year).
- 2022: Revenue of $64K, expenses of $58K, and assets of $25K (revenue +5.0% year-over-year).
- 2021: Revenue of $61K, expenses of $52K, and assets of $19K (revenue +17.8% year-over-year).
- 2020: Revenue of $52K, expenses of $47K, and assets of $10K (revenue +6.7% year-over-year).
- 2019: Revenue of $49K, expenses of $51K, and assets of $6K (revenue +4.8% year-over-year).
- 2018: Revenue of $46K, expenses of $46K, and assets of $9K (revenue +2.4% year-over-year).
- 2017: Revenue of $45K, expenses of $43K, and assets of $8K (revenue +30.9% year-over-year).
- 2016: Revenue of $35K, expenses of $34K, and assets of $5K (revenue -0.6% year-over-year).
- 2015: Revenue of $35K, expenses of $33K, and assets of $5K (revenue +21.9% year-over-year).
- 2014: Revenue of $29K, expenses of $26K, and assets of $4K (revenue -0.2% year-over-year).
- 2013: Revenue of $29K, expenses of $29K, and assets of $371 (revenue +14.8% year-over-year).
- 2012: Revenue of $25K, expenses of $24K, and assets of $911 (revenue +1.3% year-over-year).
- 2011: Revenue of $25K, expenses of $26K, and assets of $635.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wee Can Know Inc:
Data Sources and Methodology
This transparency report for Wee Can Know 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.