Wer1 For The Future Foundation
EIN: 593828216 · Newark, DE · NTEE: N62
| Metric | Value |
|---|---|
| Total Revenue | $126K |
| Total Expenses | $106K |
| Net Assets | $15K |
Is Wer1 For The Future Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wer1 For The Future Foundation
Wer1 For The Future Foundation (EIN: 593828216) is a nonprofit organization based in Newark, DE, classified under NTEE code N62. The organization reported total revenue of $126K and total assets of $24K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wer1 For The Future Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wer1 For The Future Foundation is a small nonprofit that has been operating for 20 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 21.2%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $101K |
| Total Expenses | $106K |
| Surplus / Deficit | $-5,200 |
| Total Assets | $15K |
| Net Assets | $15K |
| Operating Margin | -5.1% |
| Months of Reserves | 1.6 months |
Financial Health Grade: C
In 2019, Wer1 For The Future Foundation reported a deficit of $5K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2011–2019), Wer1 For The Future Foundation's revenue has grown at a compound annual growth rate (CAGR) of 21.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -28.9% | -22.9% | -26.4% |
| 2018 | +9.4% | +9.7% | +28.3% |
| 2017 | +29.3% | +32.4% | +39.4% |
| 2016 | +4.7% | -4.2% | +102.6% |
| 2015 | +9.4% | +22.8% | -36.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wer1 For The Future Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wer1 For The Future Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Frequently Asked Questions about Wer1 For The Future Foundation
Is Wer1 For The Future Foundation a legitimate charity?
Wer1 For The Future Foundation (EIN: 593828216) is a registered tax-exempt nonprofit based in Delaware. It has 9 years of IRS 990 filings on record. Total revenue: $126K. No red flags identified. Financial health grade: C.
How does Wer1 For The Future Foundation spend its money?
Wer1 For The Future Foundation reported $126K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wer1 For The Future Foundation tax-deductible?
Wer1 For The Future Foundation is registered as a tax-exempt nonprofit (EIN: 593828216). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wer1 For The Future Foundation located?
Wer1 For The Future Foundation is headquartered in Newark, Delaware and files with the IRS under EIN 593828216. It is classified under NTEE code N62.
How many years of IRS 990 filings does Wer1 For The Future Foundation have?
Wer1 For The Future Foundation has 9 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 $126K in total revenue.
Filing History
IRS 990 filing history for Wer1 For The Future Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Wer1 For The Future Foundation's revenue has grown by 366.7%, moving from $22K to $101K. Total functional expenses rose by 197.4%, from $36K to $106K. In its most recent filing year (2019), Wer1 For The Future Foundation reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $101K | $106K | $15K | $0 | — | View 990 |
| 2018 | $142K | $138K | $20K | $0 | — | View 990 |
| 2017 | $130K | $126K | $15K | $0 | — | View 990 |
| 2016 | $101K | $95K | $11K | $0 | — | View 990 |
| 2015 | $96K | $99K | $5K | $0 | — | View 990 |
| 2014 | $88K | $81K | $9K | $0 | — | View 990 |
| 2013 | $72K | $73K | $2K | $0 | — | View 990 |
| 2012 | $56K | $54K | $2K | $0 | — | View 990 |
| 2011 | $22K | $36K | $-10,585 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $101K, expenses of $106K, and assets of $15K (revenue -28.9% year-over-year).
- 2018: Revenue of $142K, expenses of $138K, and assets of $20K (revenue +9.4% year-over-year).
- 2017: Revenue of $130K, expenses of $126K, and assets of $15K (revenue +29.3% year-over-year).
- 2016: Revenue of $101K, expenses of $95K, and assets of $11K (revenue +4.7% year-over-year).
- 2015: Revenue of $96K, expenses of $99K, and assets of $5K (revenue +9.4% year-over-year).
- 2014: Revenue of $88K, expenses of $81K, and assets of $9K (revenue +21.3% year-over-year).
- 2013: Revenue of $72K, expenses of $73K, and assets of $2K (revenue +29.9% year-over-year).
- 2012: Revenue of $56K, expenses of $54K, and assets of $2K (revenue +157.2% year-over-year).
- 2011: Revenue of $22K, expenses of $36K, and assets of $-10,585.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wer1 For The Future Foundation:
Data Sources and Methodology
This transparency report for Wer1 For The Future 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.