Wethersfield Institute
Wethersfield Institute reports significant asset growth and minimal expenses in 2023, with zero officer compensation.
EIN: 133267737 · Glendale, WI · Updated: 2026-03-28
Is Wethersfield Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wethersfield Institute directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wethersfield Institute
Wethersfield Institute (EIN: 133267737) is a nonprofit organization based in Glendale, WI. The organization reported total revenue of $102K and total assets of $508K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wethersfield Institute'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 Wethersfield Institute with a Mission Score of 75 out of 100 (Good). 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, Wethersfield Institute 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.
Executive Compensation Analysis
The Wethersfield Institute reported 0% officer compensation in both 2022 and 2023, indicating that no salaries were paid to officers, which is highly unusual for an organization with growing assets and revenue, suggesting volunteer leadership or a very early stage of development.
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 Wethersfield Institute's IRS 990 filings:
- Unknown NTEE code and mission statement, limiting programmatic assessment.
- Lack of detailed expense breakdown beyond a total of $1,799, hindering spending efficiency analysis.
Strengths
The following positive indicators were identified for Wethersfield Institute:
- Strong financial health with significant asset growth to $460,799 in 2023.
- Extremely low reported expenses ($1,799 in 2023) relative to revenue, indicating high operational efficiency.
- Zero officer compensation reported, suggesting volunteer leadership or a strong focus on mission-related spending.
- Very low liabilities ($1 in 2023), indicating financial stability.
Frequently Asked Questions about Wethersfield Institute
Is Wethersfield Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Wethersfield Institute (EIN: 133267737) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Wethersfield Institute spend its money?
Wethersfield Institute directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wethersfield Institute tax-deductible?
Wethersfield Institute is registered as a tax-exempt nonprofit (EIN: 133267737). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the specific mission of the Wethersfield Institute?
The provided data does not specify the mission of the Wethersfield Institute, which makes it difficult to assess its programmatic impact.
How were the $1,799 in expenses allocated in 2023?
The IRS 990 data only provides a total expense figure of $1,799 for 2023, without a detailed breakdown into program, administrative, or fundraising costs.
What caused the significant increase in assets and revenue from 2022 to 2023?
The data shows assets increasing from $1 to $460,799 and revenue from $0 to $93,726. This suggests a major event such as a large donation or the start of significant operations, but the specific cause is not detailed.
Filing History
IRS 990 filing history for Wethersfield Institute showing financial trends over 2 years of public records:
Total assets increased by 46079800% over the same period, from $1 to $461K. In its most recent filing year (2023), Wethersfield Institute reported a surplus of $92K, with revenue exceeding expenses. The organization holds $1 in liabilities against $461K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $461K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $94K | $2K | $461K | $1 | — | — |
| 2022 | $0 | $0 | $1 | $0 | — | — |
Data Sources and Methodology
This transparency report for Wethersfield Institute 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.