Is Thistle Waithe Learning Center Inc Legit?

Quick charity verification for Thistle Waithe Learning Center Inc (EIN: 134140165)

Verdict: Thistle Waithe Learning Center Inc appears trustworthy

92/100Mission Score
$2.1MRevenue
$2.6MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Thistle Waithe Learning Center Inc demonstrates consistent financial health with a positive net income in most recent years. In 2023, the organization reported revenues of $2,095,760 against expenses of $2,004,771, indicating a surplus. The organization's assets have shown steady growth, reaching $2,618,483 in 2023, while liabilities remain very low at $8,763, suggesting strong financial stability and minimal debt burden. The absence of reported officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards its mission, rather than executive salaries. This practice, combined with a healthy asset-to-liability ratio, points to a well-managed and financially sound nonprofit.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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