Whitehead Foundation Inc
EIN: 474303914 · Lenox, MA · NTEE: T20
Is Whitehead Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Whitehead Foundation Inc
Whitehead Foundation Inc (EIN: 474303914) is a nonprofit organization based in Lenox, MA, classified under NTEE code T20. The organization reported total revenue of $74.8M and total assets of $48.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Whitehead Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Whitehead Foundation Inc 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 Whitehead Foundation Inc 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.
Frequently Asked Questions about Whitehead Foundation Inc
Is Whitehead Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Whitehead Foundation Inc (EIN: 474303914) insufficient data. 0 red flags identified, 0 strengths noted.
How does Whitehead Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Whitehead Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Whitehead Foundation Inc tax-deductible?
Whitehead Foundation Inc is registered as a tax-exempt nonprofit (EIN: 474303914). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Whitehead Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2023), Whitehead Foundation Inc's revenue has grown by 117547200%, moving from $1 to $1.2M. Total assets increased by 4284826400% over the same period, from $1 to $42.8M. In its most recent filing year (2023), Whitehead Foundation Inc reported a deficit of $619K, with expenses exceeding revenue. The organization holds $1.6M in liabilities against $42.8M in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $41.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.8M | $42.8M | $1.6M | — | — |
| 2022 | $346K | $2.4M | $43.5M | $1.6M | — | View 990 |
| 2021 | $13.1M | $2.9M | $45.4M | $1.5M | — | View 990 |
| 2020 | $17.4M | $1.9M | $34.1M | $1 | — | View 990 |
| 2016 | $5K | $0 | $5K | $1 | — | View 990 |
| 2015 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.8M, and assets of $42.8M (revenue +239.5% year-over-year).
- 2022: Revenue of $346K, expenses of $2.4M, and assets of $43.5M (revenue -97.4% year-over-year).
- 2021: Revenue of $13.1M, expenses of $2.9M, and assets of $45.4M (revenue -24.9% year-over-year).
- 2020: Revenue of $17.4M, expenses of $1.9M, and assets of $34.1M (revenue +346975.0% year-over-year).
- 2016: Revenue of $5K, expenses of $0, and assets of $5K (revenue +502000.0% year-over-year).
- 2015: Revenue of $1, expenses of $0, and assets of $1.
Data Sources and Methodology
This transparency report for Whitehead Foundation 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.