Quick charity verification for Wbc Community Development Corporation (EIN: 202652453)
Verdict: Wbc Community Development Corporation appears trustworthy
80/100Mission Score
$832KRevenue
$5.7MAssets
2Red Flags
3Strengths
Red Flags
Incomplete 2023 filing with $0 revenue and expenses, yet $1 asset, raising questions about current operations.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes precise efficiency assessment difficult.
Strengths
Consistent reporting of 0% officer compensation, indicating volunteer leadership and low administrative overhead.
Significant growth in assets over time, from $114,834 in 2013 to $5,668,283 currently, suggesting financial stability and capacity.
Long history of IRS 990 filings (12 filings), demonstrating a commitment to transparency and compliance.
Spending Breakdown
How Wbc Community Development Corporation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Wbc Community Development Corporation
Is Wbc Community Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Wbc Community Development Corporation (EIN: 202652453) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
Is Wbc Community Development Corporation a good charity to donate to?
Wbc Community Development Corporation has a Mission Score of 80/100. Revenue: $832K. Assets: $5.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wbc Community Development Corporation?
The Employer Identification Number (EIN) for Wbc Community Development Corporation is 202652453. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Wbc Community Development Corporation spend its money?
Wbc Community Development Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wbc Community Development Corporation's tax-exempt status?
You can verify Wbc Community Development Corporation's tax-exempt status using EIN 202652453 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Wbc Community Development Corporation demonstrates a fluctuating but generally positive financial trajectory, with assets growing significantly from $114,834 in 2013 to $5,668,283 currently. The organization has consistently reported zero officer compensation across all available filings, which is a strong indicator of volunteer leadership and potentially lower administrative overhead. However, the 2023 filing showing $0 revenue and $0 expenses, yet $1 in assets, suggests a potential reporting anomaly or a period of dormancy, which warrants further investigation for complete transparency. Despite this, the overall trend of increasing assets and revenue (peaking at $256,607 in 2022) indicates a growing capacity to fulfill its mission.
The organization's spending efficiency is difficult to precisely determine without a detailed breakdown of program, administrative, and fundraising expenses in the provided data. However, the consistent absence of officer compensation suggests a lean operational structure. The significant increase in assets, particularly the jump to $5,668,283, implies substantial capital accumulation or investment, which could be a positive sign of long-term sustainability if managed effectively for programmatic impact. The lack of detailed expense categories in the provided data limits a thorough assessment of spending efficiency, but the zero officer compensation is a notable positive.
Transparency is generally good given the consistent filing of IRS Form 990s over a long period. The consistent reporting of zero officer compensation enhances trust. However, the anomaly in the 2023 filing (zero revenue/expenses with $1 asset) could raise questions for a detailed financial review. Further transparency would be enhanced by providing a clear breakdown of expenses into program, administrative, and fundraising categories, which is not available in the provided summary data.