Whiteman 4 G Foundation

Whiteman 4 G Foundation shows consistent asset growth and no reported officer compensation amidst fluctuating revenues.

EIN: 205478191 · Mesa, AZ · NTEE: T22 · Updated: 2026-03-28

$729KRevenue
$1.2MAssets
80/100Mission Score (Excellent)
T22
Whiteman 4 G Foundation Financial Summary
MetricValue
Total Revenue$729K
Total Expenses$107K
Program Spending85%
Net Assets$1.1M
Transparency Score80/100

Is Whiteman 4 G Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Whiteman 4 G Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Whiteman 4 G Foundation

Whiteman 4 G Foundation (EIN: 205478191) is a nonprofit organization based in Mesa, AZ, classified under NTEE code T22. The organization reported total revenue of $729K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Whiteman 4 G Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Whiteman 4 G Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$253K
Total Expenses$107K
Surplus / Deficit+$146K
Total Assets$1.1M
Total Liabilities$436
Net Assets$1.1M
Operating Margin57.7%
Debt-to-Asset Ratio0.0%
Months of Reserves126.3 months

Financial Health Grade: A

In 2023, Whiteman 4 G Foundation reported a surplus of $146K with revenue exceeding expenses, holds 126.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Whiteman 4 G Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+346.7%+4.6%+15.0%
2022-72.4%-12.0%-4.5%
2021+151.4%+36.7%+9.6%
2020-35.1%-18.6%-0.3%
2019+320.7%+53.2%+32.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Whiteman 4 G Foundation demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $1,215,780 in its latest filing. Revenue has fluctuated significantly year-to-year, from a low of $29,878 in 2015 to a high of $252,712 in 2023, indicating reliance on varied funding sources or inconsistent fundraising efforts. Despite these fluctuations, the organization has consistently managed its expenses, which have remained relatively stable, typically ranging from $54,082 to $116,028 annually. The foundation's liabilities have historically been very low, often $1, though the 2023 filing shows a notable increase to $436, which warrants closer examination but is still a small fraction of assets. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment is challenging. However, the consistent positive net income in most years (revenue exceeding expenses) suggests prudent financial management. The absence of reported officer compensation across all filings indicates either a volunteer-led executive team or compensation being reported under other expense categories, which could impact transparency if not clearly disclosed elsewhere. The NTEE code T22 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, which typically involves lower direct program delivery costs compared to service-providing charities. Overall, the foundation appears financially sound with a strong asset base and controlled expenses. The lack of officer compensation is a positive indicator for resource allocation, assuming all relevant compensation is indeed zero or minimal. To fully assess transparency and efficiency, a more granular breakdown of expenses would be beneficial, particularly to understand the proportion dedicated directly to its philanthropic mission versus overhead.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Whiteman 4 G Foundation with a Mission Score of 80 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: 85%
  • fundraising: 5%

According to IRS 990 filings, Whiteman 4 G Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$253KTotal Revenue
$107KTotal Expenses
$1.1MTotal Assets
$436Total Liabilities
$1.1MNet Assets
  • The organization reported a surplus of $146K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer executive leadership or that compensation is reported under other expense lines, which would require further investigation for full transparency.

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 Whiteman 4 G Foundation's IRS 990 filings:

  • Significant year-over-year revenue fluctuations, indicating potential funding instability.
  • Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering precise efficiency assessment.

Strengths

The following positive indicators were identified for Whiteman 4 G Foundation:

  • Consistent asset growth over the past decade, indicating financial stability.
  • Historically very low liabilities, demonstrating strong financial health.
  • No reported officer compensation, suggesting efficient use of funds for mission or volunteer leadership.
  • Expenses consistently managed and controlled, typically well below annual revenues.

Frequently Asked Questions about Whiteman 4 G Foundation

Is Whiteman 4 G Foundation a legitimate charity?

Whiteman 4 G Foundation (EIN: 205478191) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 80/100. It has 10 years of IRS 990 filings on record. Total revenue: $729K. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does Whiteman 4 G Foundation spend its money?

Whiteman 4 G Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Whiteman 4 G Foundation tax-deductible?

Whiteman 4 G Foundation is registered as a tax-exempt nonprofit (EIN: 205478191). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Whiteman 4 G Foundation's spending goes to programs?

Whiteman 4 G Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Whiteman 4 G Foundation compare to similar nonprofits?

With a transparency score of 80/100 (Excellent), Whiteman 4 G Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Whiteman 4 G Foundation located?

Whiteman 4 G Foundation is headquartered in Mesa, Arizona and files with the IRS under EIN 205478191. It is classified under NTEE code T22.

How many years of IRS 990 filings does Whiteman 4 G Foundation have?

Whiteman 4 G Foundation has 10 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 $729K in total revenue.

What is the specific nature of the 'programs' funded by Whiteman 4 G Foundation?

Based on the NTEE code T22 (Philanthropy, Voluntarism, and Grantmaking Foundations), the foundation likely engages in grantmaking to other organizations or individuals. The specific beneficiaries or causes are not detailed in the provided financial summary.

Why did liabilities increase significantly in 2023 to $436 from previous years' $1?

The provided data does not specify the reason for the increase in liabilities from $1 to $436 in 2023. While still a small amount relative to assets, it represents a notable change from the historical trend and would typically be detailed in the full IRS 990 filing.

How does the foundation manage to operate without reporting any officer compensation?

The consistent reporting of 0% officer compensation suggests that the foundation's executive leadership may be entirely volunteer-based, or that any compensation is minimal and reported under other expense categories, which would be clarified in the full IRS 990 form's compensation schedules.

Filing History

IRS 990 filing history for Whiteman 4 G Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Whiteman 4 G Foundation's revenue has grown by 174.7%, moving from $92K to $253K. Total assets increased by 85.9% over the same period, from $605K to $1.1M. Total functional expenses rose by 97.5%, from $54K to $107K. In its most recent filing year (2023), Whiteman 4 G Foundation reported a surplus of $146K, with revenue exceeding expenses. The organization holds $436 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $253K $107K $1.1M $436 View 990
2022 $57K $102K $978K $1 View 990
2021 $205K $116K $1.0M $566 View 990
2020 $82K $85K $935K $426
2019 $126K $104K $938K $1 View 990
2015 $30K $68K $709K $1 View 990
2014 $130K $84K $747K $1 View 990
2013 $103K $68K $702K $1 View 990
2012 $128K $65K $667K $1 View 990
2011 $92K $54K $605K $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $253K, expenses of $107K, and assets of $1.1M (revenue +346.7% year-over-year).
  • 2022: Revenue of $57K, expenses of $102K, and assets of $978K (revenue -72.4% year-over-year).
  • 2021: Revenue of $205K, expenses of $116K, and assets of $1.0M (revenue +151.4% year-over-year).
  • 2020: Revenue of $82K, expenses of $85K, and assets of $935K (revenue -35.1% year-over-year).
  • 2019: Revenue of $126K, expenses of $104K, and assets of $938K (revenue +320.7% year-over-year).
  • 2015: Revenue of $30K, expenses of $68K, and assets of $709K (revenue -77.0% year-over-year).
  • 2014: Revenue of $130K, expenses of $84K, and assets of $747K (revenue +26.5% year-over-year).
  • 2013: Revenue of $103K, expenses of $68K, and assets of $702K (revenue -19.5% year-over-year).
  • 2012: Revenue of $128K, expenses of $65K, and assets of $667K (revenue +38.9% year-over-year).
  • 2011: Revenue of $92K, expenses of $54K, and assets of $605K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Whiteman 4 G Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Whiteman 4 G 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.

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