Charity Search / MAGGIES WIGS 4 KIDS OF MICHIGAN INC
Human Services (P20) IRS Verified DX Registered 990 on File

MAGGIES WIGS 4 KIDS OF MICHIGAN INC

EIN: 20-0374667 · ST CLR SHORES, MI 48082-1642 · United States · FY 2023 Data
4 out of 5 68 / 100 Based on 2+ years of filings
Financial strength (30%) 73/100
Reliability (20%) 55/100
Effectiveness (25%) 90/100
Impact (25%) 50/100
Financial data: FY 2023 · Scored 9/13/2026
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Mission Statement

Wigs 4 Kids Wellness Center and Salon is dedicated to help build the self-esteem of young patients dealing with hair loss as a result from various illnesses such as cancer, alopecia, trichotillomania, as well as burn victims. We are committed to provide free hair replacement systems and support services for our clients (also referred to as Ambassadors) throughout Michigan.

Financial Overview — FY 2023
$890K
Total Revenue
$896K
Total Expenses
$1.8M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 89.7%
Fundraising Efficiency 48.4%
Operating Reserve 24.41x
Liability-to-Asset 0.8%
Revenue Diversification 86.3%
Executive Compensation $82K
Compared with Peers
FY 2023
Compared with 20,874 similar organizations (United States, Human Services, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
89.7% 86.4%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
6.8% 10.4%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
3.5% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
48.4% 17.3%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
24.4 mo 8.6 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.8% 1.8%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
86.3% 96.8%
P10P90
Above median
Revenue growth
Year over year revenue growth
1.6% 7.2%
P10P90
Expense growth
Year over year expense growth
8.2% 11.5%
P10P90
Surplus margin
Surplus as a share of revenue
-0.7% 2.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $890K $896K $1.8M 89.7% 0
2022 $876K $828K $1.6M 90.4% 8
2021 $912K $721K N/A 1
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Organization Details
EIN
20-0374667
State
MI
City
ST CLR SHORES
ZIP
48082-1642
Classification
P20
Category
Human Services
Rating
4★
Coverage
A
Last Updated
Aug 2026
Foundation Code
15
Form 990
On File
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