Wishes & More
Wishes & More shows consistent revenue growth and strong program spending with no reported officer compensation.
EIN: 201766318 · Minneapolis, MN · NTEE: P58 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $1.9M |
| Program Spending | 88% |
| Net Assets | $2.3M |
| Transparency Score | 92/100 |
Is Wishes & More Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wishes & More directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wishes & More
Wishes & More (EIN: 201766318) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code P58. The organization reported total revenue of $2.7M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wishes & More's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wishes & More is a mid-size 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 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$78K |
| Total Assets | $2.5M |
| Total Liabilities | $135K |
| Net Assets | $2.3M |
| Operating Margin | 4.0% |
| Debt-to-Asset Ratio | 5.4% |
| Months of Reserves | 15.9 months |
Financial Health Grade: A
In 2023, Wishes & More reported a surplus of $78K with revenue exceeding expenses, holds 15.9 months of operating reserves (strong position), has a debt-to-asset ratio of 5.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wishes & More's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.0% | +21.9% | +6.4% |
| 2022 | +14.7% | +23.6% | +11.0% |
| 2021 | +24.5% | +28.7% | +27.5% |
| 2020 | +8.3% | -27.5% | +28.5% |
| 2019 | +12.2% | +61.9% | -5.3% |
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 Wishes & More 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: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Wishes & More allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% 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 $78K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.4%.
Executive Compensation Analysis
Wishes & More has reported 0% officer compensation across all available filings, indicating that executive leadership is either volunteer or compensated through non-officer categories, which suggests a strong commitment to directing funds towards programs rather than administrative 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 Wishes & More's IRS 990 filings:
- Lack of detailed breakdown for 'officer compensation' if executives are indeed compensated, which could impact transparency (though 0% is positive, it warrants understanding if it means volunteer or other compensation categories).
Strengths
The following positive indicators were identified for Wishes & More:
- Consistent revenue growth over a decade, from $763,739 in 2014 to $1,946,681 in 2023.
- Strong program spending efficiency, indicated by high expense-to-revenue ratio and 0% reported officer compensation.
- Healthy asset growth and low liabilities, demonstrating strong financial management and stability.
- Positive net income in most years, allowing for asset accumulation and future program investment.
- Clear dedication to mission, as evidenced by financial metrics supporting program delivery.
Frequently Asked Questions about Wishes & More
Is Wishes & More a legitimate charity?
Based on AI analysis of IRS 990 filings, Wishes & More (EIN: 201766318) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Wishes & More spend its money?
Wishes & More directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wishes & More tax-deductible?
Wishes & More is registered as a tax-exempt nonprofit (EIN: 201766318). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wishes & More's spending goes to programs?
Wishes & More directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wishes & More compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Wishes & More is above average for NTEE category P58 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wishes & More located?
Wishes & More is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 201766318. It is classified under NTEE code P58.
How many years of IRS 990 filings does Wishes & More have?
Wishes & More 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 $2.7M in total revenue.
Is Wishes & More financially stable?
Yes, Wishes & More appears financially stable. Its assets have grown consistently, reaching $2,470,548 in 2023, while liabilities remain low at $134,571, indicating a healthy balance sheet.
How much of its budget does Wishes & More spend on programs?
Based on the financial data and the absence of officer compensation, Wishes & More appears to spend a very high percentage of its budget on programs, estimated around 88%.
Has Wishes & More's revenue been growing?
Yes, Wishes & More has shown consistent revenue growth, increasing from $763,739 in 2014 to $1,946,681 in 2023, demonstrating strong fundraising capabilities.
Does Wishes & More compensate its officers?
According to all available IRS 990 filings, Wishes & More has reported 0% officer compensation, suggesting that leadership is either volunteer or compensated through other means not classified as officer compensation.
Filing History
IRS 990 filing history for Wishes & More showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wishes & More's revenue has grown by 277.1%, moving from $516K to $1.9M. Total assets increased by 494.6% over the same period, from $416K to $2.5M. Total functional expenses rose by 245.4%, from $541K to $1.9M. In its most recent filing year (2023), Wishes & More reported a surplus of $78K, with revenue exceeding expenses. The organization holds $135K in liabilities against $2.5M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.9M | $2.5M | $135K | — | — |
| 2022 | $1.8M | $1.5M | $2.3M | $168K | — | — |
| 2021 | $1.6M | $1.2M | $2.1M | $83K | — | View 990 |
| 2020 | $1.3M | $964K | $1.6M | $31K | — | View 990 |
| 2019 | $1.2M | $1.3M | $1.3M | $32K | — | View 990 |
| 2018 | $1.1M | $820K | $1.3M | $32K | — | View 990 |
| 2017 | $972K | $834K | $1.1M | $39K | — | — |
| 2016 | $845K | $671K | $1.0M | $37K | — | View 990 |
| 2015 | $724K | $633K | $816K | $22K | — | View 990 |
| 2014 | $764K | $589K | $724K | $21K | — | View 990 |
| 2013 | $567K | $510K | $555K | $27K | — | View 990 |
| 2012 | $556K | $485K | $490K | $18K | — | View 990 |
| 2011 | $516K | $541K | $416K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.9M, and assets of $2.5M (revenue +6.0% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.5M, and assets of $2.3M (revenue +14.7% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.2M, and assets of $2.1M (revenue +24.5% year-over-year).
- 2020: Revenue of $1.3M, expenses of $964K, and assets of $1.6M (revenue +8.3% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.3M, and assets of $1.3M (revenue +12.2% year-over-year).
- 2018: Revenue of $1.1M, expenses of $820K, and assets of $1.3M (revenue +9.0% year-over-year).
- 2017: Revenue of $972K, expenses of $834K, and assets of $1.1M (revenue +15.0% year-over-year).
- 2016: Revenue of $845K, expenses of $671K, and assets of $1.0M (revenue +16.8% year-over-year).
- 2015: Revenue of $724K, expenses of $633K, and assets of $816K (revenue -5.3% year-over-year).
- 2014: Revenue of $764K, expenses of $589K, and assets of $724K (revenue +34.7% year-over-year).
- 2013: Revenue of $567K, expenses of $510K, and assets of $555K (revenue +1.9% year-over-year).
- 2012: Revenue of $556K, expenses of $485K, and assets of $490K (revenue +7.7% year-over-year).
- 2011: Revenue of $516K, expenses of $541K, and assets of $416K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wishes & More:
Data Sources and Methodology
This transparency report for Wishes & More 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.