Whitman Family Foundation
EIN: 471101519 · Oklahoma City, OK · NTEE: A99
| Metric | Value |
|---|---|
| Total Revenue | $7K |
| Total Expenses | $10K |
| Net Assets | $175K |
Is Whitman Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Whitman Family Foundation
Whitman Family Foundation (EIN: 471101519) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code A99. The organization reported total revenue of $7K and total assets of $171K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Whitman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Whitman Family Foundation is a micro nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -32.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $10K |
| Surplus / Deficit | $-4,547 |
| Total Assets | $175K |
| Total Liabilities | $1 |
| Net Assets | $175K |
| Operating Margin | -89.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 218.4 months |
Financial Health Grade: B
In 2023, Whitman Family Foundation reported a deficit of $5K with expenses exceeding revenue, holds 218.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2014–2023), Whitman Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -32.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +506700.0% | +13.5% | -2.5% |
| 2022 | +0.0% | +15.1% | -4.5% |
| 2021 | +0.0% | -13.4% | -3.8% |
| 2020 | +0.0% | +18.9% | -4.2% |
| 2019 | -100.0% | -42.5% | -15.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Whitman Family 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 Whitman Family 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Whitman Family Foundation
Is Whitman Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Whitman Family Foundation (EIN: 471101519) insufficient data. 0 red flags identified, 0 strengths noted.
How does Whitman Family Foundation spend its money?
Detailed spending breakdown data is not yet available for Whitman Family Foundation. Check back for updated IRS 990 analysis.
Are donations to Whitman Family Foundation tax-deductible?
Whitman Family Foundation is registered as a tax-exempt nonprofit (EIN: 471101519). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Whitman Family Foundation located?
Whitman Family Foundation is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 471101519. It is classified under NTEE code A99.
How many years of IRS 990 filings does Whitman Family Foundation have?
Whitman Family Foundation has 7 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 $7K in total revenue.
Filing History
IRS 990 filing history for Whitman Family Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Whitman Family Foundation's revenue has declined by 97.2%, moving from $179K to $5K. Total assets increased by 0% over the same period, from $175K to $175K. Total functional expenses rose by 136.6%, from $4K to $10K. In its most recent filing year (2023), Whitman Family Foundation reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1 in liabilities against $175K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $175K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $10K | $175K | $1 | — | — |
| 2022 | $1 | $8K | $180K | $1 | — | — |
| 2021 | $1 | $7K | $188K | $1 | — | — |
| 2020 | $1 | $9K | $195K | $1 | — | — |
| 2019 | $1 | $7K | $204K | $1 | — | View 990 |
| 2015 | $80K | $12K | $243K | $1 | — | View 990 |
| 2014 | $179K | $4K | $175K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $10K, and assets of $175K (revenue +506700.0% year-over-year).
- 2022: Revenue of $1, expenses of $8K, and assets of $180K (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $7K, and assets of $188K (revenue +0.0% year-over-year).
- 2020: Revenue of $1, expenses of $9K, and assets of $195K (revenue +0.0% year-over-year).
- 2019: Revenue of $1, expenses of $7K, and assets of $204K (revenue -100.0% year-over-year).
- 2015: Revenue of $80K, expenses of $12K, and assets of $243K (revenue -55.3% year-over-year).
- 2014: Revenue of $179K, expenses of $4K, and assets of $175K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Whitman Family Foundation:
Data Sources and Methodology
This transparency report for Whitman Family 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.