Wwww Foundation
Wwww Foundation faces persistent operating deficits and declining assets over recent years.
EIN: 204750916 · Dallas, TX · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $3.1M |
| Program Spending | 80% |
| Net Assets | $9.6M |
| Transparency Score | 45/100 |
Is Wwww Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wwww Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wwww Foundation
Wwww Foundation (EIN: 204750916) is a nonprofit organization based in Dallas, TX, classified under NTEE code T22. The organization reported total revenue of $4.3M and total assets of $9.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wwww Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wwww Foundation is a mid-size 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 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $3.1M |
| Surplus / Deficit | $-1,438,751 |
| Total Assets | $9.6M |
| Total Liabilities | $35K |
| Net Assets | $9.6M |
| Operating Margin | -88.6% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 37.6 months |
Financial Health Grade: B
In 2023, Wwww Foundation reported a deficit of $1.4M with expenses exceeding revenue, holds 37.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Wwww Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.0% | -13.7% | -12.4% |
| 2022 | -25.9% | +4.8% | -12.8% |
| 2021 | +43.2% | +15.8% | -6.5% |
| 2020 | -17.9% | +14.2% | -8.3% |
| 2019 | +31.1% | +170.4% | +30.2% |
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 Wwww Foundation with a Mission Score of 45 out of 100 (Fair). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Wwww Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $1.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation directly from the organization, which is a strong positive for financial transparency and resource allocation.
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 Wwww Foundation's IRS 990 filings:
- Consistent and significant operating deficits (e.g., $1.4M in 2023, $1.7M in 2022).
- Substantial decline in total assets over the past five years (from $14.6M in 2019 to $9.6M in 2023).
- Expenses consistently exceeding revenue for multiple consecutive years.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
Strengths
The following positive indicators were identified for Wwww Foundation:
- Zero reported officer compensation, indicating strong executive compensation transparency.
- Relatively low liabilities across most filing periods, suggesting minimal debt burden.
- Long operational history with 10 years of filing data available.
Frequently Asked Questions about Wwww Foundation
Is Wwww Foundation a legitimate charity?
Wwww Foundation (EIN: 204750916) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.3M. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Wwww Foundation spend its money?
Wwww Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Wwww Foundation tax-deductible?
Wwww Foundation is registered as a tax-exempt nonprofit (EIN: 204750916). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wwww Foundation's spending goes to programs?
Wwww Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wwww Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Wwww Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wwww Foundation located?
Wwww Foundation is headquartered in Dallas, Texas and files with the IRS under EIN 204750916. It is classified under NTEE code T22.
How many years of IRS 990 filings does Wwww Foundation have?
Wwww 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 $4.3M in total revenue.
How does Wwww Foundation plan to address its consistent operating deficits?
The organization has consistently spent more than it earned, with expenses exceeding revenue by over $1.4 million in 2023 and over $1.7 million in 2022. A clear strategy for financial sustainability is needed.
What is the cause of the significant decline in assets since 2019?
Assets have decreased from $14,649,240 in 2019 to $9,598,819 in 2023, a reduction of over $5 million, likely due to the sustained operating deficits.
What are the specific program activities and their associated costs?
Without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's difficult to assess the efficiency and impact of their core mission spending.
Is the Wwww Foundation drawing down its endowment or principal to cover operational costs?
The consistent decline in assets while expenses exceed revenue suggests that the organization may be liquidating assets or drawing from its principal to maintain operations.
Filing History
IRS 990 filing history for Wwww Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Wwww Foundation's revenue has grown by 135.2%, moving from $691K to $1.6M. Total assets increased by 9.4% over the same period, from $8.8M to $9.6M. Total functional expenses rose by 535.7%, from $482K to $3.1M. In its most recent filing year (2023), Wwww Foundation reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $35K in liabilities against $9.6M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $9.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $3.1M | $9.6M | $35K | — | — |
| 2022 | $1.8M | $3.6M | $11.0M | $30K | — | View 990 |
| 2021 | $2.5M | $3.4M | $12.6M | $19K | — | View 990 |
| 2020 | $1.7M | $2.9M | $13.4M | $8K | — | View 990 |
| 2019 | $2.1M | $2.6M | $14.6M | $152 | — | — |
| 2015 | $1.6M | $948K | $11.2M | $6K | — | View 990 |
| 2014 | $1.5M | $995K | $10.6M | $321 | — | View 990 |
| 2013 | $1.7M | $710K | $10.1M | $2K | — | View 990 |
| 2012 | $1.2M | $740K | $9.2M | $77K | — | View 990 |
| 2011 | $691K | $482K | $8.8M | $152K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $3.1M, and assets of $9.6M (revenue -12.0% year-over-year).
- 2022: Revenue of $1.8M, expenses of $3.6M, and assets of $11.0M (revenue -25.9% year-over-year).
- 2021: Revenue of $2.5M, expenses of $3.4M, and assets of $12.6M (revenue +43.2% year-over-year).
- 2020: Revenue of $1.7M, expenses of $2.9M, and assets of $13.4M (revenue -17.9% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.6M, and assets of $14.6M (revenue +31.1% year-over-year).
- 2015: Revenue of $1.6M, expenses of $948K, and assets of $11.2M (revenue +8.0% year-over-year).
- 2014: Revenue of $1.5M, expenses of $995K, and assets of $10.6M (revenue -12.0% year-over-year).
- 2013: Revenue of $1.7M, expenses of $710K, and assets of $10.1M (revenue +40.6% year-over-year).
- 2012: Revenue of $1.2M, expenses of $740K, and assets of $9.2M (revenue +75.1% year-over-year).
- 2011: Revenue of $691K, expenses of $482K, and assets of $8.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wwww Foundation:
Data Sources and Methodology
This transparency report for Wwww 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.