Wmn Foundation
Wmn Foundation shows asset growth and no officer compensation, but recent expenses exceeded revenue.
EIN: 204850609 · Minnetonka, MN · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $455K |
| Total Expenses | $482K |
| Program Spending | 75% |
| Net Assets | $1.3M |
| Transparency Score | 75/100 |
Is Wmn Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wmn Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wmn Foundation
Wmn Foundation (EIN: 204850609) is a nonprofit organization based in Minnetonka, MN, classified under NTEE code T20. The organization reported total revenue of $455K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wmn Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wmn Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $275K |
| Total Expenses | $482K |
| Surplus / Deficit | $-206,900 |
| Total Assets | $1.3M |
| Total Liabilities | $1 |
| Net Assets | $1.3M |
| Operating Margin | -75.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 31.5 months |
Financial Health Grade: B
In 2023, Wmn Foundation reported a deficit of $207K with expenses exceeding revenue, holds 31.5 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), Wmn Foundation's revenue has grown at a compound annual growth rate (CAGR) of 24.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.8% | +373.1% | -1.1% |
| 2022 | -48.8% | -44.6% | -7.5% |
| 2021 | +3729.6% | +579.8% | +43.8% |
| 2020 | -98.6% | -92.0% | +8.4% |
| 2019 | +70.3% | +12.5% | +28.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Wmn Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Wmn Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $207K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Wmn Foundation consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its 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 Wmn Foundation's IRS 990 filings:
- Significant deficit in 2023 ($206,900)
- Highly volatile annual revenue and expenses, indicating inconsistent funding or operational scale
Strengths
The following positive indicators were identified for Wmn Foundation:
- Consistent reporting of 0% officer compensation, indicating high transparency and mission focus
- Long-term growth in assets, from $441,064 in 2011 to $1,439,187 currently
- Minimal liabilities reported across all filings ($1 in most years)
Frequently Asked Questions about Wmn Foundation
Is Wmn Foundation a legitimate charity?
Wmn Foundation (EIN: 204850609) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $455K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Wmn Foundation spend its money?
Wmn Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Wmn Foundation tax-deductible?
Wmn Foundation is registered as a tax-exempt nonprofit (EIN: 204850609). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wmn Foundation's spending goes to programs?
Wmn Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wmn Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Wmn Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wmn Foundation located?
Wmn Foundation is headquartered in Minnetonka, Minnesota and files with the IRS under EIN 204850609. It is classified under NTEE code T20.
How many years of IRS 990 filings does Wmn Foundation have?
Wmn Foundation 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 $455K in total revenue.
Is Wmn Foundation a good charity?
Based on the provided data, Wmn Foundation exhibits strong transparency regarding executive compensation (0% reported) and has grown its assets over time. However, the significant deficit in 2023 ($274,640 revenue vs. $481,540 expenses) and fluctuating revenues suggest potential financial instability that would require further investigation into their program impact and detailed expense breakdown to fully assess their effectiveness.
Why did expenses exceed revenue in 2023?
In 2023, Wmn Foundation reported revenues of $274,640 against expenses of $481,540, resulting in a deficit of $206,900. The specific reasons for this are not detailed in the summary data, but it could be due to a one-time large program expenditure, a temporary dip in fundraising, or strategic spending from reserves.
How has the organization's financial health changed over time?
Wmn Foundation has seen its assets grow substantially from $441,064 in 2011 to $1,439,187 currently, indicating long-term financial growth. However, annual revenues and expenses have been highly volatile, with periods of significant surpluses (e.g., 2022: $247,972 revenue vs. $101,785 expenses) and deficits (e.g., 2023: $274,640 revenue vs. $481,540 expenses).
Filing History
IRS 990 filing history for Wmn Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Wmn Foundation's revenue has grown by 1243.2%, moving from $20K to $275K. Total assets increased by 186.3% over the same period, from $441K to $1.3M. Total functional expenses rose by 329.6%, from $112K to $482K. In its most recent filing year (2023), Wmn Foundation reported a deficit of $207K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $275K | $482K | $1.3M | $1 | — | — |
| 2022 | $248K | $102K | $1.3M | $1 | — | View 990 |
| 2021 | $484K | $184K | $1.4M | $1 | — | View 990 |
| 2020 | $13K | $27K | $960K | $1 | — | — |
| 2019 | $892K | $340K | $886K | $1 | — | View 990 |
| 2015 | $524K | $302K | $692K | $1 | — | View 990 |
| 2014 | $514K | $139K | $838K | $1 | — | View 990 |
| 2013 | $169K | $127K | $512K | $1 | — | View 990 |
| 2012 | $77K | $119K | $437K | $1 | — | View 990 |
| 2011 | $20K | $112K | $441K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $275K, expenses of $482K, and assets of $1.3M (revenue +10.8% year-over-year).
- 2022: Revenue of $248K, expenses of $102K, and assets of $1.3M (revenue -48.8% year-over-year).
- 2021: Revenue of $484K, expenses of $184K, and assets of $1.4M (revenue +3729.6% year-over-year).
- 2020: Revenue of $13K, expenses of $27K, and assets of $960K (revenue -98.6% year-over-year).
- 2019: Revenue of $892K, expenses of $340K, and assets of $886K (revenue +70.3% year-over-year).
- 2015: Revenue of $524K, expenses of $302K, and assets of $692K (revenue +1.9% year-over-year).
- 2014: Revenue of $514K, expenses of $139K, and assets of $838K (revenue +204.1% year-over-year).
- 2013: Revenue of $169K, expenses of $127K, and assets of $512K (revenue +119.9% year-over-year).
- 2012: Revenue of $77K, expenses of $119K, and assets of $437K (revenue +275.8% year-over-year).
- 2011: Revenue of $20K, expenses of $112K, and assets of $441K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wmn Foundation:
Data Sources and Methodology
This transparency report for Wmn 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.