Wipfli Foundation Inc
Wipfli Foundation consistently grows assets with zero executive compensation.
EIN: 202901635 · Wausau, WI · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $353K |
| Total Expenses | $202K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $2.2 |
| Net Assets | $2.2M |
| Transparency Score | 95/100 |
Is Wipfli Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wipfli Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wipfli Foundation Inc
Wipfli Foundation Inc (EIN: 202901635) is a nonprofit organization based in Wausau, WI, classified under NTEE code T21. The organization reported total revenue of $353K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wipfli Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wipfli Foundation Inc is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 21.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $202K |
| Surplus / Deficit | +$949K |
| Total Assets | $2.2M |
| Total Liabilities | $1 |
| Net Assets | $2.2M |
| Operating Margin | 82.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 131.6 months |
Financial Health Grade: A
In 2023, Wipfli Foundation Inc reported a surplus of $949K with revenue exceeding expenses, holds 131.6 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 (2012–2023), Wipfli Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +205.1% | -44.2% | +74.8% |
| 2022 | -33.2% | +244.4% | +1.2% |
| 2021 | +202.6% | -40.0% | +57.9% |
| 2020 | -14.3% | +6.9% | +1.4% |
| 2019 | +40.8% | +25.7% | +17.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Wipfli Foundation Inc with a Mission Score of 95 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Wipfli Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 surplus of $949K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all ten filing periods, indicating that no officers or directors are compensated, which is highly efficient for an organization of its size with assets exceeding $2.2 million.
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.
Strengths
The following positive indicators were identified for Wipfli Foundation Inc:
- Consistent asset growth, from $581,007 in 201205 to $2,217,307 in 202305.
- Zero officer compensation reported across all ten filing periods, indicating high efficiency.
- Minimal liabilities, consistently reported as $1 or $0, reflecting strong financial stability.
- Significant revenue increase in 202305 to $1,151,126, allowing for substantial growth.
- Strong program focus implied by the absence of executive compensation and low liabilities.
Frequently Asked Questions about Wipfli Foundation Inc
Is Wipfli Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wipfli Foundation Inc (EIN: 202901635) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Wipfli Foundation Inc spend its money?
Wipfli Foundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wipfli Foundation Inc tax-deductible?
Wipfli Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202901635). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wipfli Foundation Inc CEO make?
Wipfli Foundation Inc's highest-compensated officer earns $2.2 annually. The organization reported $353K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Wipfli Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Wipfli Foundation Inc is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wipfli Foundation Inc located?
Wipfli Foundation Inc is headquartered in Wausau, Wisconsin and files with the IRS under EIN 202901635. It is classified under NTEE code T21.
How many years of IRS 990 filings does Wipfli Foundation Inc have?
Wipfli Foundation Inc 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 $353K in total revenue.
Is Wipfli Foundation Inc. a good charity?
Based on the provided data, Wipfli Foundation Inc. appears to be a very good charity. It consistently grows its assets, maintains minimal liabilities, and reports zero officer compensation, indicating a strong focus on its mission and efficient use of funds.
How has the Wipfli Foundation's financial health changed over time?
The Wipfli Foundation has shown consistent financial growth. Its assets have increased from $581,007 in 201205 to $2,217,307 in 202305, demonstrating strong financial management and accumulation of resources over the decade.
What is the Wipfli Foundation's approach to executive compensation?
The Wipfli Foundation has a highly efficient approach to executive compensation, reporting 0% officer compensation across all ten available filings. This means no salaries are paid to its officers from the foundation's funds.
Filing History
IRS 990 filing history for Wipfli Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Wipfli Foundation Inc's revenue has grown by 727.6%, moving from $139K to $1.2M. Total assets increased by 281.6% over the same period, from $581K to $2.2M. Total functional expenses rose by 61%, from $126K to $202K. In its most recent filing year (2023), Wipfli Foundation Inc reported a surplus of $949K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $202K | $2.2M | $1 | — | View 990 |
| 2022 | $377K | $363K | $1.3M | $1 | — | View 990 |
| 2021 | $565K | $105K | $1.3M | $1 | — | View 990 |
| 2020 | $187K | $176K | $794K | $1 | — | — |
| 2019 | $218K | $164K | $783K | $1 | — | View 990 |
| 2016 | $155K | $131K | $666K | $1 | — | View 990 |
| 2015 | $150K | $131K | $642K | $1 | — | View 990 |
| 2014 | $166K | $148K | $623K | $1 | — | View 990 |
| 2013 | $132K | $108K | $605K | $0 | — | View 990 |
| 2012 | $139K | $126K | $581K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $202K, and assets of $2.2M (revenue +205.1% year-over-year).
- 2022: Revenue of $377K, expenses of $363K, and assets of $1.3M (revenue -33.2% year-over-year).
- 2021: Revenue of $565K, expenses of $105K, and assets of $1.3M (revenue +202.6% year-over-year).
- 2020: Revenue of $187K, expenses of $176K, and assets of $794K (revenue -14.3% year-over-year).
- 2019: Revenue of $218K, expenses of $164K, and assets of $783K (revenue +40.8% year-over-year).
- 2016: Revenue of $155K, expenses of $131K, and assets of $666K (revenue +3.0% year-over-year).
- 2015: Revenue of $150K, expenses of $131K, and assets of $642K (revenue -9.3% year-over-year).
- 2014: Revenue of $166K, expenses of $148K, and assets of $623K (revenue +25.5% year-over-year).
- 2013: Revenue of $132K, expenses of $108K, and assets of $605K (revenue -5.1% year-over-year).
- 2012: Revenue of $139K, expenses of $126K, and assets of $581K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wipfli Foundation Inc:
Data Sources and Methodology
This transparency report for Wipfli 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.