Wrm Family Foundation Inc
EIN: 592373813 · Underwood, WA
| Metric | Value |
|---|---|
| Total Revenue | $294K |
| Total Expenses | $85K |
| Net Assets | $2.0M |
Is Wrm Family Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wrm Family Foundation Inc
Wrm Family Foundation Inc (EIN: 592373813) is a nonprofit organization based in Underwood, WA. The organization reported total revenue of $294K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wrm Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wrm Family Foundation Inc is a small nonprofit that has been operating for 42 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $85K |
| Surplus / Deficit | +$28K |
| Total Assets | $2.0M |
| Total Liabilities | $1 |
| Net Assets | $2.0M |
| Operating Margin | 24.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 282.8 months |
Financial Health Grade: A
In 2023, Wrm Family Foundation Inc reported a surplus of $28K with revenue exceeding expenses, holds 282.8 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), Wrm Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -50.8% | -10.4% | +2.1% |
| 2022 | +122.2% | -12.5% | +7.4% |
| 2021 | -59.8% | -3.4% | -0.3% |
| 2020 | +193.1% | +19.7% | +4.9% |
| 2019 | +70.2% | -10.1% | -8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wrm Family Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wrm Family Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Wrm Family Foundation Inc
Is Wrm Family Foundation Inc a legitimate charity?
Wrm Family Foundation Inc (EIN: 592373813) is a registered tax-exempt nonprofit based in Washington. It has 10 years of IRS 990 filings on record. Total revenue: $294K. No red flags identified. Financial health grade: A.
How does Wrm Family Foundation Inc spend its money?
Wrm Family Foundation Inc reported $294K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wrm Family Foundation Inc tax-deductible?
Wrm Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 592373813). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wrm Family Foundation Inc located?
Wrm Family Foundation Inc is headquartered in Underwood, Washington and files with the IRS under EIN 592373813.
How many years of IRS 990 filings does Wrm Family Foundation Inc have?
Wrm Family 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 $294K in total revenue.
Filing History
IRS 990 filing history for Wrm Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Wrm Family Foundation Inc's revenue has grown by 56.5%, moving from $72K to $113K. Total assets increased by 0.2% over the same period, from $2.0M to $2.0M. Total functional expenses rose by 18.8%, from $72K to $85K. In its most recent filing year (2023), Wrm Family Foundation Inc reported a surplus of $28K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $113K | $85K | $2.0M | $1 | — | — |
| 2022 | $229K | $95K | $2.0M | $74 | — | View 990 |
| 2021 | $103K | $109K | $1.8M | $239 | — | View 990 |
| 2020 | $257K | $113K | $1.8M | $1 | — | — |
| 2019 | $88K | $94K | $1.8M | $57K | — | View 990 |
| 2015 | $52K | $105K | $1.9M | $1 | — | View 990 |
| 2014 | $66K | $80K | $2.0M | $1 | — | View 990 |
| 2013 | $50K | $75K | $2.0M | $1 | — | View 990 |
| 2012 | $72K | $81K | $2.0M | $1 | — | View 990 |
| 2011 | $72K | $72K | $2.0M | $6 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $113K, expenses of $85K, and assets of $2.0M (revenue -50.8% year-over-year).
- 2022: Revenue of $229K, expenses of $95K, and assets of $2.0M (revenue +122.2% year-over-year).
- 2021: Revenue of $103K, expenses of $109K, and assets of $1.8M (revenue -59.8% year-over-year).
- 2020: Revenue of $257K, expenses of $113K, and assets of $1.8M (revenue +193.1% year-over-year).
- 2019: Revenue of $88K, expenses of $94K, and assets of $1.8M (revenue +70.2% year-over-year).
- 2015: Revenue of $52K, expenses of $105K, and assets of $1.9M (revenue -22.5% year-over-year).
- 2014: Revenue of $66K, expenses of $80K, and assets of $2.0M (revenue +32.4% year-over-year).
- 2013: Revenue of $50K, expenses of $75K, and assets of $2.0M (revenue -30.1% year-over-year).
- 2012: Revenue of $72K, expenses of $81K, and assets of $2.0M (revenue -0.5% year-over-year).
- 2011: Revenue of $72K, expenses of $72K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wrm Family Foundation Inc:
Data Sources and Methodology
This transparency report for Wrm Family 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.