TPhilanthropy, Voluntarism & GrantmakingEIN: 920384293· Ruling Year: 2023

Michael Wassmer Foundation

Henrico, Virginia

B-Health Score
54B-

Financial Health Score

Provisional

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Average

How This Organization Compares

Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org23.65×
Peer Median18.82×
💰
$1.3M
Total Revenue
📊
$53K
Total Expenses
🏦
$1.3M
Net Assets
📋
$1
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+405.2%
Year-over-year change (2022 → 2023)
Net Margin
+95.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
23.65
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

2 filings on record
YearRevenueExpensesAssets
2023$1,271,212405%$53,150218%$1,257,126648%
2022$251,626$16,708$168,092

Frequently Asked Questions

What does Michael Wassmer Foundation do?

Michael Wassmer Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Virginia. It is classified under NTEE code T20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Michael Wassmer Foundation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Michael Wassmer Foundation.

How much revenue does Michael Wassmer Foundation generate?

Revenue data for Michael Wassmer Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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Michael Wassmer Foundation — Henrico, VA | GiveScope