Wrinkle In Time Foundation Inc
Wrinkle In Time Foundation: Declining Revenue, Stable Assets, and High Administrative Costs
EIN: 222351518 · The Plains, VA · Updated: 2026-04-04
Is Wrinkle In Time Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wrinkle In Time Foundation Inc directs 68% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Wrinkle In Time Foundation Inc
Wrinkle In Time Foundation Inc (EIN: 222351518) is a nonprofit organization based in The Plains, VA. The organization reported total revenue of $1.9M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wrinkle In Time Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wrinkle In Time Foundation Inc with a Mission Score of 65 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: 20%
- programs: 68%
- fundraising: 12%
According to IRS 990 filings, Wrinkle In Time Foundation Inc allocates its expenses as follows: admin: 20%, programs: 68%, fundraising: 12%. Approximately 68% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data as no specific figures for individual compensation are included in the summary financial data.
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 Wrinkle In Time Foundation Inc's IRS 990 filings:
- Consistent decline in revenue from $1,327,861 in 2019 to $574,124 in 2023.
- Expenses frequently exceed revenue, indicating a reliance on existing assets or other funding sources.
- High administrative costs relative to program spending, based on general nonprofit benchmarks.
Strengths
The following positive indicators were identified for Wrinkle In Time Foundation Inc:
- Maintains a healthy asset base, with assets consistently above $4.9 million.
- Low liability, indicating strong financial solvency.
- Consistent filing of financial data over many years.
Frequently Asked Questions about Wrinkle In Time Foundation Inc
Is Wrinkle In Time Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wrinkle In Time Foundation Inc (EIN: 222351518) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Wrinkle In Time Foundation Inc spend its money?
Wrinkle In Time Foundation Inc directs 68% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wrinkle In Time Foundation Inc tax-deductible?
Wrinkle In Time Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222351518). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Wrinkle In Time Foundation Inc do?
Wrinkle In Time Foundation Inc is a nonprofit organization in the Unknown sector, located in The Plains, Virginia. It is classified under NTEE code Unknown.
How much revenue does Wrinkle In Time Foundation Inc have?
Wrinkle In Time Foundation Inc reported total revenue of $1,897,960. Based on 10 IRS 990 filings on record.
What are Wrinkle In Time Foundation Inc's total assets?
Wrinkle In Time Foundation Inc holds total assets of $5,146,662 as reported in IRS 990 filings.
Where is Wrinkle In Time Foundation Inc located?
Wrinkle In Time Foundation Inc is based in The Plains, Virginia.
What is Wrinkle In Time Foundation Inc's EIN?
Wrinkle In Time Foundation Inc's Employer Identification Number (EIN) is 222351518. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Wrinkle In Time Foundation Inc?
Wrinkle In Time Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Wrinkle In Time Foundation Inc a registered 501(c)(3)?
Wrinkle In Time Foundation Inc appears in IRS records (EIN: 222351518). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Wrinkle In Time Foundation Inc file IRS Form 990?
Yes, Wrinkle In Time Foundation Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Wrinkle In Time Foundation Inc's revenue in 2023?
In the 202312 filing period, Wrinkle In Time Foundation Inc reported total revenue of $574,124, total expenses of $843,709, and net assets of $4,976,658.
Is Wrinkle In Time Foundation Inc's revenue growing or declining?
Wrinkle In Time Foundation Inc's revenue is declining. Revenue went from $673,935 (202212) to $574,124 (202312), a -14.8% change. Based on 10 filings on record.
What is Wrinkle In Time Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Wrinkle In Time Foundation Inc covers tax period 202312. It shows revenue of $574,124, expenses of $843,709, total assets of $4,976,658, and liabilities of $1.
How much does Wrinkle In Time Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Wrinkle In Time Foundation Inc allocates approximately 68% of expenses to program services, 20% to administrative costs, and 12% to fundraising. Program spending is moderate relative to overhead.
Is Wrinkle In Time Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Wrinkle In Time Foundation Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Wrinkle In Time Foundation Inc?
The following concerns were identified: Consistent decline in revenue from $1,327,861 in 2019 to $574,124 in 2023.. Expenses frequently exceed revenue, indicating a reliance on existing assets or other funding sources.. High administrative costs relative to program spending, based on general nonprofit benchmarks.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Wrinkle In Time Foundation Inc's strengths?
Positive indicators for Wrinkle In Time Foundation Inc include: Maintains a healthy asset base, with assets consistently above $4.9 million.. Low liability, indicating strong financial solvency.. Consistent filing of financial data over many years.. These findings are derived from AI analysis of the organization's financial filings.
How does Wrinkle In Time Foundation Inc compensate executives?
Executive compensation cannot be assessed from the provided data as no specific figures for individual compensation are included in the summary financial data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Wrinkle In Time Foundation Inc?
• Financial data is consistently available through public filings. • The organization maintains a low liability-to-asset ratio. • No specific transparency report or detailed program breakdowns are readily available beyond IRS filings. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What is driving the consistent decline in revenue for the Wrinkle In Time Foundation, and how does the organization plan to address this trend?
The provided data shows a significant revenue decline from $1,327,861 in 2019 to $574,124 in 2023. Without further information on fundraising strategies or external factors, the specific drivers are unclear. Addressing this would likely involve new fundraising initiatives or a re-evaluation of program funding.
Given that expenses frequently exceed revenue, how is the Wrinkle In Time Foundation sustaining its operations without depleting its substantial asset base?
The foundation appears to be drawing from its existing asset base to cover operational shortfalls, as indicated by expenses often exceeding revenue. While assets remain stable, this trend is not sustainable long-term without a shift towards revenue generation or expense reduction.
Filing History
IRS 990 filing history for Wrinkle In Time Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Wrinkle In Time Foundation Inc's revenue has grown by 31.4%, moving from $437K to $574K. Total assets decreased by 5.4% over the same period, from $5.3M to $5.0M. Total functional expenses rose by 74.2%, from $484K to $844K. In its most recent filing year (2023), Wrinkle In Time Foundation Inc reported a deficit of $270K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $574K | $844K | $5.0M | $1 | — | View 990 |
| 2022 | $674K | $958K | $5.2M | $1 | — | View 990 |
| 2021 | $1.1M | $908K | $5.5M | $1 | — | — |
| 2020 | $643K | $1.1M | $5.3M | $1 | — | — |
| 2019 | $1.3M | $780K | $6.5M | $1 | — | View 990 |
| 2015 | $591K | $1.5M | $5.7M | $0 | — | View 990 |
| 2014 | $1.6M | $930K | $6.7M | $0 | — | View 990 |
| 2013 | $1.3M | $647K | $6.0M | $0 | — | View 990 |
| 2012 | $1.7M | $888K | $5.3M | $0 | — | View 990 |
| 2011 | $437K | $484K | $5.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $574K, expenses of $844K, and assets of $5.0M (revenue -14.8% year-over-year).
- 2022: Revenue of $674K, expenses of $958K, and assets of $5.2M (revenue -37.5% year-over-year).
- 2021: Revenue of $1.1M, expenses of $908K, and assets of $5.5M (revenue +67.8% year-over-year).
- 2020: Revenue of $643K, expenses of $1.1M, and assets of $5.3M (revenue -51.6% year-over-year).
- 2019: Revenue of $1.3M, expenses of $780K, and assets of $6.5M (revenue +124.8% year-over-year).
- 2015: Revenue of $591K, expenses of $1.5M, and assets of $5.7M (revenue -63.4% year-over-year).
- 2014: Revenue of $1.6M, expenses of $930K, and assets of $6.7M (revenue +25.9% year-over-year).
- 2013: Revenue of $1.3M, expenses of $647K, and assets of $6.0M (revenue -25.5% year-over-year).
- 2012: Revenue of $1.7M, expenses of $888K, and assets of $5.3M (revenue +293.5% year-over-year).
- 2011: Revenue of $437K, expenses of $484K, and assets of $5.3M.
Data Sources and Methodology
This transparency report for Wrinkle In Time 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.