Wise-vettese Family Foundation
Only null% goes to programs Strong reserves Declining revenue
Wise-vettese Family Foundation is a 501(c)(3) organization based in Los Angeles, California, registered in 2015, with $59,827 in FY2024 revenue. CharityIndex grades it C+.
5757 Wilshire Blvd Ph 30, Los Angeles, CA, 90036 EIN 47-2341639 Since 2015
Revenue (FY2024)
$60K
▲ 14.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$44K
Net assets
$84K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Wise-vettese Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating23 mo reserves · +27% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Wise-vettese Family Foundation: 23 mo reserves · +27% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Wise-vettese Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Wise-vettese Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 5757 Wilshire Blvd Ph 30, Los Angeles, CA, 90036
- City
- Los Angeles
- State
- California
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $350K (FY2014) to $60K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $84K
Operating margin
26.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$84K
Total liabilities
$0
Net assets
$84K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $59,827▲14.7% | $43,950▼39.4% | $83,676▲23.4% | $83,676▲23.4% | 990PF |
| 2023 | $52,142▼27.8% | $72,531▼22.0% | $67,799▼23.1% | $67,799▼23.1% | 990PF |
| 2022 | $72,201▼22.0% | $92,929▼1.6% | $88,188▼19.0% | $88,188▼19.0% | 990PF |
| 2021 | $92,564▲228% | $94,425▲23.8% | $108,916▲5.5% | $108,916▲5.5% | 990PF |
| 2020 | $28,247▼75.7% | $76,246▼15.9% | $103,255▼31.7% | $103,255▼31.7% | 990PF |
| 2019 | $116,113▲284% | $90,707▼20.9% | $151,254▲20.2% | $151,254▲20.2% | 990PF |
| 2018 | $30,219▼50.0% | $114,714▼0.2% | $125,848▼40.2% | $125,848▼40.2% | 990PF |
| 2017 | $60,474▲19.2% | $114,940▲35.3% | $210,343▼20.6% | $210,343▼20.6% | 990PF |
| 2016 | $50,729▼43.6% | $84,974▼6.6% | $264,809▼11.5% | $264,809▼11.5% | 990PF |
| 2015 | $90,014▼74.3% | $90,960▲81.9% | $299,054▼0.3% | $299,054▼0.3% | 990PF |
| 2014 | $350,000 | $50,000 | $300,000 | $300,000 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Wise-vettese Family Foundation a legitimate nonprofit?
- Yes. Wise-vettese Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 47-2341639, based in Los Angeles, California. Donations are tax-deductible.
- What is Wise-vettese Family Foundation's EIN?
- Wise-vettese Family Foundation's Employer Identification Number (EIN) is 47-2341639.
- How much revenue does Wise-vettese Family Foundation report?
- Wise-vettese Family Foundation reported $59,827 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Wise-vettese Family Foundation have?
- CharityIndex grades Wise-vettese Family Foundation C+, based on financial health (reserves and operating margin).
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Data for Wise-vettese Family Foundation (EIN 47-2341639) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.