Wesco Industries Foundation
Wesco Industries Foundation maintains strong financial health with zero liabilities and no executive compensation.
EIN: 208136703 · Denison, IA · NTEE: E115 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15K |
| Total Expenses | $8K |
| Program Spending | 90% |
| Net Assets | $132K |
| Transparency Score | 92/100 |
Search Intent Cockpit
Wesco Industries Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Wesco Industries 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 Wesco Industries Foundation in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $30K and expenses of $8K.
Revenue and Expenses
Wesco Industries Foundation reported $30K in revenue and $8K in expenses, a surplus of $22K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
92/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Wesco Industries Foundation Legit?
Appears Legitimate
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 | $7K (90%) |
Across stored filings, Wesco Industries 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 | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Latinas Unidas Por Un Nuevo Amanecer | Iowa and Health 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 Latinas Unidas Por Un Nuevo Amanecer →All Iowa nonprofits
All Health
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Denison, IA nonprofitsHealth in Iowa
Health in Iowa
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Health spending
Best Health charities in Iowa
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Housing Trust Fund Of Johnson County
Iowa City, IA · $2.4M revenue · Score 95/100
Compare side-by-sideLatinas Unidas Por Un Nuevo Amanecer
Des Moines, IA · $1.3M revenue · Score 92/100
Compare side-by-sideJohnston Girls Softball Association
Johnston, IA · $210K revenue · Score 92/100
Compare side-by-sideMediation Services Of Eastern Iowa
Iowa City, IA · $49K revenue · Score 88/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Wesco Industries Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wesco Industries Foundation
Wesco Industries Foundation (EIN: 208136703) is a nonprofit organization based in Denison, IA, classified under NTEE code E115. The organization reported total revenue of $15K and total assets of $113K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wesco Industries Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wesco Industries Foundation is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $8K |
| Surplus / Deficit | +$22K |
| Total Assets | $132K |
| Net Assets | $132K |
| Operating Margin | 73.4% |
| Months of Reserves | 196.2 months |
Financial Health Grade: A
In 2023, Wesco Industries Foundation reported a surplus of $22K with revenue exceeding expenses, holds 196.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Wesco Industries Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -61.4% | -57.4% | -10.0% |
| 2022 | +331.1% | +244.7% | +193.1% |
| 2021 | +16.5% | -81.8% | +33.8% |
| 2020 | -42.0% | +71.7% | -28.1% |
| 2019 | +65.5% | +0.0% | -12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Wesco Industries Foundation with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Wesco Industries Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 surplus of $22K, with revenue exceeding expenses.
Executive Compensation Analysis
Wesco Industries Foundation reports 0% officer compensation across all available filings, indicating a volunteer-led organization that directs all funds towards its mission rather than executive salaries.
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.
Strengths
The following positive indicators were identified for Wesco Industries Foundation:
- Zero liabilities reported across all filings, indicating strong financial health.
- 0% officer compensation, maximizing funds for programmatic use.
- Consistent asset growth, from $50,107 in 2021 to $132,143 in 2023, demonstrating effective financial management.
- Expenses consistently lower than revenue in recent years, indicating efficient spending.
- Long history of IRS 990 filings (13 filings), showing consistent transparency.
Frequently Asked Questions about Wesco Industries Foundation
Is Wesco Industries Foundation a legitimate charity?
Wesco Industries Foundation (EIN: 208136703) is a registered tax-exempt nonprofit based in Iowa. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $15K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Wesco Industries Foundation spend its money?
Wesco Industries Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Wesco Industries Foundation tax-deductible?
Wesco Industries Foundation is registered as a tax-exempt nonprofit (EIN: 208136703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wesco Industries Foundation's spending goes to programs?
Wesco Industries Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wesco Industries Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Wesco Industries Foundation is above average for NTEE category E115 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wesco Industries Foundation located?
Wesco Industries Foundation is headquartered in Denison, Iowa and files with the IRS under EIN 208136703. It is classified under NTEE code E115.
How many years of IRS 990 filings does Wesco Industries Foundation have?
Wesco Industries Foundation has 13 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 $15K in total revenue.
Is Wesco Industries Foundation a good charity?
Based on its financial data, Wesco Industries Foundation appears to be a very good charity. It consistently reports zero liabilities, has no officer compensation, and has shown consistent asset growth, indicating strong financial management and a high likelihood of funds being directed to its mission.
How does Wesco Industries Foundation manage its expenses?
The organization manages its expenses very efficiently, with expenses significantly lower than revenue in most recent years (e.g., $8,082 expenses on $30,331 revenue in 2023). The absence of officer compensation further suggests a lean operational model.
What is the trend in Wesco Industries Foundation's assets?
Wesco Industries Foundation has shown a strong upward trend in assets, growing from $50,107 in 2021 to $132,143 in 2023, indicating effective financial stewardship and accumulation of reserves.
Filing History
IRS 990 filing history for Wesco Industries Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wesco Industries Foundation's revenue has grown by 105.3%, moving from $15K to $30K. Total assets increased by 178.8% over the same period, from $47K to $132K. Total functional expenses rose by 29.2%, from $6K to $8K. In its most recent filing year (2023), Wesco Industries Foundation reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30K | $8K | $132K | $0 | — | View 990 |
| 2022 | $79K | $19K | $147K | $0 | — | View 990 |
| 2021 | $18K | $6K | $50K | $0 | — | — |
| 2020 | $16K | $30K | $37K | $0 | — | View 990 |
| 2019 | $27K | $18K | $52K | $0 | — | View 990 |
| 2018 | $16K | $18K | $59K | $0 | — | View 990 |
| 2017 | $17K | $26K | $61K | $0 | — | — |
| 2016 | $18K | $11K | $70K | $0 | — | View 990 |
| 2015 | $18K | $26K | $62K | $0 | — | View 990 |
| 2014 | $34K | $49K | $70K | $0 | — | View 990 |
| 2013 | $40K | $11K | $85K | $0 | — | View 990 |
| 2012 | $22K | $8K | $55K | $0 | — | View 990 |
| 2011 | $15K | $6K | $47K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30K, expenses of $8K, and assets of $132K (revenue -61.4% year-over-year).
- 2022: Revenue of $79K, expenses of $19K, and assets of $147K (revenue +331.1% year-over-year).
- 2021: Revenue of $18K, expenses of $6K, and assets of $50K (revenue +16.5% year-over-year).
- 2020: Revenue of $16K, expenses of $30K, and assets of $37K (revenue -42.0% year-over-year).
- 2019: Revenue of $27K, expenses of $18K, and assets of $52K (revenue +65.5% year-over-year).
- 2018: Revenue of $16K, expenses of $18K, and assets of $59K (revenue -5.7% year-over-year).
- 2017: Revenue of $17K, expenses of $26K, and assets of $61K (revenue -5.6% year-over-year).
- 2016: Revenue of $18K, expenses of $11K, and assets of $70K (revenue +3.1% year-over-year).
- 2015: Revenue of $18K, expenses of $26K, and assets of $62K (revenue -48.2% year-over-year).
- 2014: Revenue of $34K, expenses of $49K, and assets of $70K (revenue -15.2% year-over-year).
- 2013: Revenue of $40K, expenses of $11K, and assets of $85K (revenue +83.5% year-over-year).
- 2012: Revenue of $22K, expenses of $8K, and assets of $55K (revenue +49.4% year-over-year).
- 2011: Revenue of $15K, expenses of $6K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wesco Industries Foundation:
Data Sources and Methodology
This transparency report for Wesco Industries 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.