Civic Intelligence

The Wheat Foundation Inc

990PF • Fiscal year 2023 • EIN 20-1416734

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 12, 2024

1108 Mapesbury LaneWaxhaw, NC 28173-6855

(704) 604-7076

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE T22 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

75th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE T22 • <$500k nonprofits • Source year 2023

Net Margin

71st percentile

33%

Higher net margin than 71% of similar nonprofits.

2023 filings • NTEE T22 • <$500k nonprofits • Source year 2023

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • NTEE T22 • <$500k nonprofits • Source year 2023

Asset Growth

87th percentile

29%

Faster asset growth than 87% of similar nonprofits.

2023 filings • NTEE T22 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

61st percentile

9.0%

Faster revenue growth than 61% of similar nonprofits.

2023 filings • NTEE T22 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$367,647

Up $82,860 (+29%) from 2022

Net Assets

Up

$367,647

Up $82,860 (+29%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$44,687

Up $3,684 (+9.0%) from 2022

Expenses

Up

$30,000

Up $15,935 (+113%) from 2022

Net Income

Down

$14,687

Down $12,251 (-45%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $9,429Liabilities 2010: $0Net Assets 2010: $9,4292010Assets 2011: $20,251Liabilities 2011: $12011Assets 2012: $16,458Liabilities 2012: $0Net Assets 2012: $16,4582012Assets 2013: $23,438Liabilities 2013: $0Net Assets 2013: $23,4382013Assets 2014: $25,851Liabilities 2014: $0Net Assets 2014: $25,8512014Assets 2015: $39,016Liabilities 2015: $0Net Assets 2015: $39,0162015Assets 2016: $47,365Liabilities 2016: $0Net Assets 2016: $47,3652016Assets 2017: $68,047Liabilities 2017: $0Net Assets 2017: $68,0472017Assets 2018: $78,031Liabilities 2018: $0Net Assets 2018: $78,0312018Assets 2019: $110,523Liabilities 2019: $0Net Assets 2019: $110,5232019Assets 2020: $120,475Liabilities 2020: $0Net Assets 2020: $120,4752020Assets 2021: $129,949Liabilities 2021: $0Net Assets 2021: $129,9492021Assets 2022: $284,787Liabilities 2022: $0Net Assets 2022: $284,7872022Assets 2023: $367,647Liabilities 2023: $0Net Assets 2023: $367,6472023Assets 2024: $438,618Liabilities 2024: $0Net Assets 2024: $438,6182024

Highlighted filing

2023

Assets$367,647
Liabilities$0
Net Assets$367,647

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80K$60K$40K$20K$0Expenses 2010: $1,3942010Revenue 2011: $4,619Expenses 2011: $1,606Net Income 2011: $3,0132011Expenses 2012: $1,7002012Revenue 2013: $12,115Expenses 2013: $5,135Net Income 2013: $6,9802013Revenue 2014: $5,611Expenses 2014: $3,198Net Income 2014: $2,4132014Revenue 2015: $15,832Expenses 2015: $2,667Net Income 2015: $13,1652015Revenue 2016: $11,518Expenses 2016: $3,169Net Income 2016: $8,3492016Revenue 2017: $27,310Expenses 2017: $4,155Net Income 2017: $23,1552017Revenue 2018: $11,938Expenses 2018: $857Net Income 2018: $11,0812018Revenue 2019: $37,322Expenses 2019: $5,451Net Income 2019: $31,8712019Revenue 2020: $19,574Expenses 2020: $9,624Net Income 2020: $9,9502020Revenue 2021: $60,378Expenses 2021: $6,465Net Income 2021: $53,9132021Revenue 2022: $41,003Expenses 2022: $14,065Net Income 2022: $26,9382022Revenue 2023: $44,687Expenses 2023: $30,000Net Income 2023: $14,6872023Revenue 2024: $56,053Expenses 2024: $26,565Net Income 2024: $29,4882024

Highlighted filing

2023

Revenue$44,687
Expenses$30,000
Net Income$14,687
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 12, 2024
Return Version
2023v5.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jason BeckertPresident/Treasurer-$0--
Molly BeckertSecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Wheat Foundation Inc
EIN
20-1416734
Phone
7046047076
Address
1108 Mapesbury Lane, Waxhaw, NC 28173-6855

Signing Officer

Name
Jason Beckert
Title
President
Phone
7046047076
Signed
2024-08-12
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Group Inc
Address
2451 Atrium Way Suite 300, Nashville, TN 37214
Preparer
Andrew D Payne EA
Phone
6153619445
Raw XML Appendix255 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0Jason Beckert
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1Molly Beckert
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0President/Treasurer
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IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0Jason M Beckert
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IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0The management and administrative costs incurred to operate the foundation, directly support, and are necessary to carry out the charitable programs and activities conducted by the foundation.
IRS990PF/SummaryOfDirectChrtblActyGrp/Description2Txt0The organization makes charitable contributions to other qualifying charitable organizations.
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm1Hands for Haiti
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IRS990ScheduleB/Organization501c3ExemptPFInd0X
OtherDecreasesSchedule/OtherDecreasesDetail/Amt016687
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0Unrealized Losses on Donation of Appreciated Stocks
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SubstantialContributorsSch/SubstantialContributorDetail/PersonNm0Jason Molly Beckert
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/AddressLine1Txt01108 Mapesbury Lane
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/CityNm0Waxhaw
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/StateAbbreviationCd0NC
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/ZIPCd028173
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jason Beckert
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07046047076
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Wheat Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0WHEA
ReturnHeader/Filer/EIN0201416734
ReturnHeader/Filer/PhoneNum07046047076
ReturnHeader/Filer/USAddress/AddressLine1Txt01108 Mapesbury Lane
ReturnHeader/Filer/USAddress/CityNm0Waxhaw
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0281736855
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621813735
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Foundation Group Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02451 Atrium Way Suite 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Nashville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037214
ReturnHeader/PreparerPersonGrp/PhoneNum06153619445
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Andrew D Payne EA
ReturnHeader/ReturnTs02024-08-12T10:51:09-00:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.39$0.00$4.39$0.56$0.27$0.29
2023Detailed filing. Detailed filing data is available for this year.$3.68$0.00$3.68$0.45$0.30$0.15
2022Detailed filing. Detailed filing data is available for this year.$2.85$0.00$2.85$0.41$0.14$0.27
2021Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.60$0.06$0.54
2020Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.20$0.10$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.37$0.05$0.32
2018Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.12$0.01$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.27$0.04$0.23
2016Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.12$0.03$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.16$0.03$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.06$0.03$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.12$0.05$0.07
2012Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.02
2011Summary only. Only limited summary data is available for this year.$0.20$0.00$0.05$0.02$0.03
2010Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.01