Willenium Enterprise Foundation
EIN: 862764925 · Louisville, KY · NTEE: T50
| Metric | Value |
|---|---|
| Total Revenue | $105K |
| Total Expenses | $94K |
| Net Assets | $8K |
Is Willenium Enterprise Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Willenium Enterprise Foundation
Willenium Enterprise Foundation (EIN: 862764925) is a nonprofit organization based in Louisville, KY, classified under NTEE code T50. The organization reported total revenue of $105K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Willenium Enterprise Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Willenium Enterprise Foundation is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 1875.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $99K |
| Total Expenses | $94K |
| Surplus / Deficit | +$5K |
| Total Assets | $8K |
| Net Assets | $8K |
| Operating Margin | 5.2% |
| Months of Reserves | 1.0 months |
Financial Health Grade: A
In 2023, Willenium Enterprise Foundation reported a surplus of $5K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2022–2023), Willenium Enterprise Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1875.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1875.8% | +3554.1% | +209.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Willenium Enterprise 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 Willenium Enterprise 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 surplus of $5K, with revenue exceeding expenses.
Frequently Asked Questions about Willenium Enterprise Foundation
Is Willenium Enterprise Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Willenium Enterprise Foundation (EIN: 862764925) insufficient data. 0 red flags identified, 0 strengths noted.
How does Willenium Enterprise Foundation spend its money?
Detailed spending breakdown data is not yet available for Willenium Enterprise Foundation. Check back for updated IRS 990 analysis.
Are donations to Willenium Enterprise Foundation tax-deductible?
Willenium Enterprise Foundation is registered as a tax-exempt nonprofit (EIN: 862764925). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Willenium Enterprise Foundation located?
Willenium Enterprise Foundation is headquartered in Louisville, Kentucky and files with the IRS under EIN 862764925. It is classified under NTEE code T50.
How many years of IRS 990 filings does Willenium Enterprise Foundation have?
Willenium Enterprise Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $105K in total revenue.
Filing History
IRS 990 filing history for Willenium Enterprise Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Willenium Enterprise Foundation's revenue has grown by 1875.8%, moving from $5K to $99K. Total assets increased by 209.2% over the same period, from $2K to $8K. Total functional expenses rose by 3554.1%, from $3K to $94K. In its most recent filing year (2023), Willenium Enterprise Foundation reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $99K | $94K | $8K | $0 | — | View 990 |
| 2022 | $5K | $3K | $2K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Willenium Enterprise Foundation:
Data Sources and Methodology
This transparency report for Willenium Enterprise 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.