Willie Stargell Foundation Inc
Willie Stargell Foundation shows consistent volunteer leadership, but recent expenses exceeded revenue.
EIN: 201131483 · Wilmington, NC · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $665K |
| Total Expenses | $723K |
| Program Spending | 85% |
| Net Assets | $425K |
| Transparency Score | 85/100 |
Is Willie Stargell Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Willie Stargell Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Willie Stargell Foundation Inc
Willie Stargell Foundation Inc (EIN: 201131483) is a nonprofit organization based in Wilmington, NC, classified under NTEE code T30. The organization reported total revenue of $665K and total assets of $313K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Willie Stargell Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Willie Stargell Foundation Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $625K |
| Total Expenses | $723K |
| Surplus / Deficit | $-98,064 |
| Total Assets | $425K |
| Net Assets | $425K |
| Operating Margin | -15.7% |
| Months of Reserves | 7.1 months |
Financial Health Grade: B
In 2023, Willie Stargell Foundation Inc reported a deficit of $98K with expenses exceeding revenue, holds 7.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Willie Stargell Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.7% | +2.0% | -18.7% |
| 2022 | +39.1% | +43.7% | — |
| 2021 | +91.2% | +158.5% | -100.0% |
| 2020 | -50.6% | -65.7% | +50.2% |
| 2019 | -6.7% | -12.3% | +15.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Willie Stargell Foundation Inc with a Mission Score of 85 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, Willie Stargell Foundation Inc 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:
- The organization reported a deficit of $98K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership serves on a volunteer basis. This is a significant positive, as it means all revenue can be directed towards the mission and operational costs, rather than executive salaries.
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 Willie Stargell Foundation Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (2023), leading to a decrease in assets.
Strengths
The following positive indicators were identified for Willie Stargell Foundation Inc:
- Consistent 0% officer compensation, indicating volunteer leadership.
- Strong history of filing IRS Form 990s, demonstrating transparency.
- Minimal to no liabilities reported across most filing periods.
- Generally positive revenue generation over many years, supporting its mission.
Frequently Asked Questions about Willie Stargell Foundation Inc
Is Willie Stargell Foundation Inc a legitimate charity?
Willie Stargell Foundation Inc (EIN: 201131483) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $665K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Willie Stargell Foundation Inc spend its money?
Willie Stargell Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Willie Stargell Foundation Inc tax-deductible?
Willie Stargell Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201131483). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Willie Stargell Foundation Inc's spending goes to programs?
Willie Stargell Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Willie Stargell Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Willie Stargell Foundation Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Willie Stargell Foundation Inc located?
Willie Stargell Foundation Inc is headquartered in Wilmington, North Carolina and files with the IRS under EIN 201131483. It is classified under NTEE code T30.
How many years of IRS 990 filings does Willie Stargell Foundation Inc have?
Willie Stargell Foundation Inc has 13 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 $665K in total revenue.
Is the Willie Stargell Foundation Inc. financially stable?
The foundation has shown periods of strong financial health, with revenues often exceeding expenses (e.g., 2022 revenue of $778,356 vs. expenses of $709,177). However, the most recent filing (2023) shows expenses ($723,236) exceeding revenue ($625,172), leading to a decrease in assets. While not immediately concerning given past performance, it warrants monitoring.
How does the organization manage executive compensation?
The Willie Stargell Foundation Inc. reports 0% officer compensation in all available filings, indicating that its leadership is entirely volunteer-based. This is a highly positive aspect for a nonprofit, maximizing funds available for its mission.
What is the trend in the organization's assets?
Assets have fluctuated over time. They peaked at $523,450 in 2022 but decreased to $425,385 in 2023. Historically, assets have ranged from $0 in 2021 to over $500,000, showing variability but generally maintaining a healthy base.
Does the foundation have any significant liabilities?
The organization consistently reports $0 in liabilities across most of its filings, with only one instance of $2,366 in 2019. This indicates very strong financial management and a lack of debt.
Filing History
IRS 990 filing history for Willie Stargell Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Willie Stargell Foundation Inc's revenue has grown by 847.5%, moving from $66K to $625K. Total assets increased by 236.3% over the same period, from $127K to $425K. In its most recent filing year (2023), Willie Stargell Foundation Inc reported a deficit of $98K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $625K | $723K | $425K | $0 | — | View 990 |
| 2022 | $778K | $709K | $523K | $0 | — | View 990 |
| 2021 | $560K | $494K | $0 | $0 | — | View 990 |
| 2020 | $293K | $191K | $419K | $0 | — | — |
| 2019 | $593K | $557K | $279K | $2K | — | View 990 |
| 2018 | $635K | $635K | $241K | $0 | — | View 990 |
| 2017 | $473K | $496K | $241K | $0 | — | View 990 |
| 2016 | $131K | $95K | $257K | $0 | — | View 990 |
| 2015 | $92K | $102K | $222K | $0 | — | View 990 |
| 2014 | $103K | $62K | $232K | $0 | — | View 990 |
| 2013 | $99K | $62K | $190K | $0 | — | View 990 |
| 2012 | $76K | $50K | $152K | $0 | — | View 990 |
| 2011 | $66K | $0 | $127K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $625K, expenses of $723K, and assets of $425K (revenue -19.7% year-over-year).
- 2022: Revenue of $778K, expenses of $709K, and assets of $523K (revenue +39.1% year-over-year).
- 2021: Revenue of $560K, expenses of $494K, and assets of $0 (revenue +91.2% year-over-year).
- 2020: Revenue of $293K, expenses of $191K, and assets of $419K (revenue -50.6% year-over-year).
- 2019: Revenue of $593K, expenses of $557K, and assets of $279K (revenue -6.7% year-over-year).
- 2018: Revenue of $635K, expenses of $635K, and assets of $241K (revenue +34.4% year-over-year).
- 2017: Revenue of $473K, expenses of $496K, and assets of $241K (revenue +261.8% year-over-year).
- 2016: Revenue of $131K, expenses of $95K, and assets of $257K (revenue +41.7% year-over-year).
- 2015: Revenue of $92K, expenses of $102K, and assets of $222K (revenue -10.9% year-over-year).
- 2014: Revenue of $103K, expenses of $62K, and assets of $232K (revenue +4.1% year-over-year).
- 2013: Revenue of $99K, expenses of $62K, and assets of $190K (revenue +30.9% year-over-year).
- 2012: Revenue of $76K, expenses of $50K, and assets of $152K (revenue +15.0% year-over-year).
- 2011: Revenue of $66K, expenses of $0, and assets of $127K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Willie Stargell Foundation Inc:
Data Sources and Methodology
This transparency report for Willie Stargell 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.