Wiggys World Foundation
EIN: 821666957 · Louisville, KY · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $50K |
| Total Expenses | $34K |
| Net Assets | $528 |
Is Wiggys World Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wiggys World Foundation
Wiggys World Foundation (EIN: 821666957) is a nonprofit organization based in Louisville, KY, classified under NTEE code Q33. The organization reported total revenue of $50K and total assets of $26K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wiggys World Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wiggys World Foundation is a micro nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $34K |
| Total Expenses | $34K |
| Surplus / Deficit | $-35 |
| Total Assets | $529 |
| Total Liabilities | $1 |
| Net Assets | $528 |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 0.2 months |
Financial Health Grade: C
In 2023, Wiggys World Foundation reported a deficit of $35 with expenses exceeding revenue, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Wiggys World Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.5% | -46.2% | -6.2% |
| 2022 | +146.1% | +117.0% | -94.6% |
| 2021 | +119.8% | -4.1% | -41.9% |
| 2020 | -60.3% | -5.4% | -53.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wiggys World 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 Wiggys World 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 $35, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Wiggys World Foundation
Is Wiggys World Foundation a legitimate charity?
Wiggys World Foundation (EIN: 821666957) is a registered tax-exempt nonprofit based in Kentucky. It has 5 years of IRS 990 filings on record. Total revenue: $50K. No red flags identified. Financial health grade: C.
How does Wiggys World Foundation spend its money?
Wiggys World Foundation reported $50K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wiggys World Foundation tax-deductible?
Wiggys World Foundation is registered as a tax-exempt nonprofit (EIN: 821666957). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wiggys World Foundation located?
Wiggys World Foundation is headquartered in Louisville, Kentucky and files with the IRS under EIN 821666957. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Wiggys World Foundation have?
Wiggys World Foundation has 5 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 $50K in total revenue.
Filing History
IRS 990 filing history for Wiggys World Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Wiggys World Foundation's revenue has grown by 36.3%, moving from $25K to $34K. Total assets decreased by 98.6% over the same period, from $39K to $529. Total functional expenses rose by 5.9%, from $32K to $34K. In its most recent filing year (2023), Wiggys World Foundation reported a deficit of $35, with expenses exceeding revenue. The organization holds $1 in liabilities against $529 in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $528.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $34K | $34K | $529 | $1 | — | — |
| 2022 | $54K | $64K | $564 | $1 | — | — |
| 2021 | $22K | $30K | $10K | $1 | — | — |
| 2020 | $10K | $31K | $18K | $1 | — | — |
| 2019 | $25K | $32K | $39K | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $34K, expenses of $34K, and assets of $529 (revenue -36.5% year-over-year).
- 2022: Revenue of $54K, expenses of $64K, and assets of $564 (revenue +146.1% year-over-year).
- 2021: Revenue of $22K, expenses of $30K, and assets of $10K (revenue +119.8% year-over-year).
- 2020: Revenue of $10K, expenses of $31K, and assets of $18K (revenue -60.3% year-over-year).
- 2019: Revenue of $25K, expenses of $32K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wiggys World Foundation:
Data Sources and Methodology
This transparency report for Wiggys World 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.