Wiregrass Foundation
Wiregrass Foundation maintains over $100 million in assets with consistent program spending and no reported officer compensation.
EIN: 200897153 · Dothan, AL · NTEE: T21 · Updated: 2026-03-28
Is Wiregrass Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wiregrass Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wiregrass Foundation
Wiregrass Foundation (EIN: 200897153) is a nonprofit organization based in Dothan, AL, classified under NTEE code T21. The organization reported total revenue of $43.3M and total assets of $114.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wiregrass Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wiregrass Foundation is a large nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $5.6M |
| Surplus / Deficit | $-2,173,676 |
| Total Assets | $108.9M |
| Total Liabilities | $29K |
| Net Assets | $108.8M |
| Operating Margin | -63.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 233.7 months |
Financial Health Grade: B
In 2023, Wiregrass Foundation reported a deficit of $2.2M with expenses exceeding revenue, holds 233.7 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 (2011–2023), Wiregrass Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.4% | +11.8% | +7.1% |
| 2022 | -75.5% | -12.0% | -18.4% |
| 2021 | +17.8% | -15.7% | +7.1% |
| 2020 | +79.9% | +3.2% | +5.7% |
| 2019 | -20.2% | +14.9% | +11.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Wiregrass Foundation with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Wiregrass Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $2.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that either the foundation operates with entirely volunteer leadership, or executive salaries are categorized differently within the IRS 990, which is unusual for an organization of this asset size.
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 Wiregrass Foundation's IRS 990 filings:
- Unclear executive compensation reporting (0% across all filings for an organization of this size)
Strengths
The following positive indicators were identified for Wiregrass Foundation:
- Strong and stable asset base (consistently over $100 million)
- Low liabilities across all reporting periods
- Consistent expense management (around $5-6 million annually)
- High potential for program spending due to low reported administrative costs
- Long history of consistent IRS 990 filings
Frequently Asked Questions about Wiregrass Foundation
Is Wiregrass Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Wiregrass Foundation (EIN: 200897153) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Wiregrass Foundation spend its money?
Wiregrass Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wiregrass Foundation tax-deductible?
Wiregrass Foundation is registered as a tax-exempt nonprofit (EIN: 200897153). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Wiregrass Foundation manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the foundation may operate with an entirely volunteer board of directors and no paid officers, or that executive salaries are classified under other expense categories, which would require reviewing the full 990 forms for clarification.
What is the primary source of Wiregrass Foundation's revenue given the fluctuations?
Given the significant fluctuations in annual revenue (e.g., $12.7M in 2014 vs. $2.8M in 2022) and a large, stable asset base, it is highly probable that investment returns from its endowment are a primary and variable source of revenue, alongside any grants or contributions.
Is Wiregrass Foundation financially stable despite revenue fluctuations?
Yes, the foundation appears financially stable. Despite revenue fluctuations, its substantial and growing asset base (over $100 million) and consistent expense levels indicate a strong endowment that can support its operations and mission even in years with lower incoming revenue.
Filing History
IRS 990 filing history for Wiregrass Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Wiregrass Foundation's revenue has declined by 36.6%, moving from $5.4M to $3.4M. Total assets increased by 24.1% over the same period, from $87.7M to $108.9M. Total functional expenses rose by 7.2%, from $5.2M to $5.6M. In its most recent filing year (2023), Wiregrass Foundation reported a deficit of $2.2M, with expenses exceeding revenue. The organization holds $29K in liabilities against $108.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $108.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $5.6M | $108.9M | $29K | — | View 990 |
| 2022 | $2.9M | $5.0M | $101.7M | $43K | — | View 990 |
| 2021 | $11.8M | $5.7M | $124.6M | $12K | — | View 990 |
| 2020 | $10.0M | $6.7M | $116.3M | $86K | — | — |
| 2019 | $5.6M | $6.5M | $110.1M | $11K | — | View 990 |
| 2015 | $7.0M | $5.7M | $98.9M | $2K | — | View 990 |
| 2014 | $12.8M | $5.5M | $106.0M | $2K | — | View 990 |
| 2013 | $7.2M | $5.6M | $105.1M | $52K | — | View 990 |
| 2012 | $7.5M | $5.5M | $93.9M | $3K | — | View 990 |
| 2011 | $5.4M | $5.2M | $87.7M | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $5.6M, and assets of $108.9M (revenue +18.4% year-over-year).
- 2022: Revenue of $2.9M, expenses of $5.0M, and assets of $101.7M (revenue -75.5% year-over-year).
- 2021: Revenue of $11.8M, expenses of $5.7M, and assets of $124.6M (revenue +17.8% year-over-year).
- 2020: Revenue of $10.0M, expenses of $6.7M, and assets of $116.3M (revenue +79.9% year-over-year).
- 2019: Revenue of $5.6M, expenses of $6.5M, and assets of $110.1M (revenue -20.2% year-over-year).
- 2015: Revenue of $7.0M, expenses of $5.7M, and assets of $98.9M (revenue -45.5% year-over-year).
- 2014: Revenue of $12.8M, expenses of $5.5M, and assets of $106.0M (revenue +76.9% year-over-year).
- 2013: Revenue of $7.2M, expenses of $5.6M, and assets of $105.1M (revenue -4.3% year-over-year).
- 2012: Revenue of $7.5M, expenses of $5.5M, and assets of $93.9M (revenue +39.9% year-over-year).
- 2011: Revenue of $5.4M, expenses of $5.2M, and assets of $87.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wiregrass Foundation:
Data Sources and Methodology
This transparency report for Wiregrass 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.