Wyss Center For Innovation Inc
EIN: 800878079 · Washington, DC · NTEE: C30
| Metric | Value |
|---|---|
| Total Revenue | $735 |
| Total Expenses | $115K |
| Net Assets | $41K |
Is Wyss Center For Innovation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wyss Center For Innovation Inc
Wyss Center For Innovation Inc (EIN: 800878079) is a nonprofit organization based in Washington, DC, classified under NTEE code C30. The organization reported total revenue of $735 and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wyss Center For Innovation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wyss Center For Innovation Inc is a micro nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2012–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $115K |
| Surplus / Deficit | $-110,926 |
| Total Assets | $41K |
| Net Assets | $41K |
| Operating Margin | -2687.2% |
| Months of Reserves | 4.2 months |
Financial Health Grade: B
In 2023, Wyss Center For Innovation Inc reported a deficit of $111K with expenses exceeding revenue, holds 4.2 months of operating reserves (adequate).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -97.9% | +129.4% | -73.1% |
| 2021 | -100.0% | -0.5% | -98.2% |
| 2020 | -100.0% | +0.2% | -49.7% |
| 2019 | +0.0% | -44.5% | +97.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wyss Center For Innovation 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 Wyss Center For Innovation 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 deficit of $111K, with expenses exceeding revenue.
Frequently Asked Questions about Wyss Center For Innovation Inc
Is Wyss Center For Innovation Inc a legitimate charity?
Wyss Center For Innovation Inc (EIN: 800878079) is a registered tax-exempt nonprofit based in Washington DC. It has 12 years of IRS 990 filings on record. Total revenue: $735. No red flags identified. Financial health grade: B.
How does Wyss Center For Innovation Inc spend its money?
Wyss Center For Innovation Inc reported $735 in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wyss Center For Innovation Inc tax-deductible?
Wyss Center For Innovation Inc is registered as a tax-exempt nonprofit (EIN: 800878079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wyss Center For Innovation Inc located?
Wyss Center For Innovation Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 800878079. It is classified under NTEE code C30.
How many years of IRS 990 filings does Wyss Center For Innovation Inc have?
Wyss Center For Innovation Inc has 12 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 $735 in total revenue.
Filing History
IRS 990 filing history for Wyss Center For Innovation Inc showing financial trends over 12 years of public records:
Total assets increased by 4072900% over the same period, from $1 to $41K. In its most recent filing year (2023), Wyss Center For Innovation Inc reported a deficit of $111K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $115K | $41K | $0 | — | View 990 |
| 2022 | $200K | $50K | $152K | $0 | — | View 990 |
| 2021 | $0 | $100K | $2K | $0 | — | — |
| 2020 | $17 | $101K | $102K | $0 | — | View 990 |
| 2019 | $200K | $100K | $202K | $0 | — | View 990 |
| 2018 | $200K | $181K | $102K | $0 | — | View 990 |
| 2017 | $400K | $406K | $83K | $0 | — | View 990 |
| 2016 | $100K | $306K | $88K | $0 | — | View 990 |
| 2015 | $350K | $65K | $294K | $0 | — | View 990 |
| 2014 | $110K | $100K | $10K | $0 | — | View 990 |
| 2013 | $0 | $0 | $1 | $0 | — | View 990 |
| 2012 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $115K, and assets of $41K (revenue -97.9% year-over-year).
- 2022: Revenue of $200K, expenses of $50K, and assets of $152K.
- 2021: Revenue of $0, expenses of $100K, and assets of $2K (revenue -100.0% year-over-year).
- 2020: Revenue of $17, expenses of $101K, and assets of $102K (revenue -100.0% year-over-year).
- 2019: Revenue of $200K, expenses of $100K, and assets of $202K (revenue +0.0% year-over-year).
- 2018: Revenue of $200K, expenses of $181K, and assets of $102K (revenue -50.0% year-over-year).
- 2017: Revenue of $400K, expenses of $406K, and assets of $83K (revenue +299.9% year-over-year).
- 2016: Revenue of $100K, expenses of $306K, and assets of $88K (revenue -71.4% year-over-year).
- 2015: Revenue of $350K, expenses of $65K, and assets of $294K (revenue +218.2% year-over-year).
- 2014: Revenue of $110K, expenses of $100K, and assets of $10K.
- 2013: Revenue of $0, expenses of $0, and assets of $1.
- 2012: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wyss Center For Innovation Inc:
Data Sources and Methodology
This transparency report for Wyss Center For Innovation 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.