Quick charity verification for Webark Estates (EIN: 20644795)
Verdict: Webark Estates appears trustworthy
85/100Mission Score
$232KRevenue
$286KAssets
1Red Flags
4Strengths
Red Flags
Periods of deficit spending where expenses exceeded revenue (e.g., 2021, 2022, 2023), requiring reliance on reserves.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating strong financial transparency and dedication of funds to mission.
Significant and consistent growth in assets, from $14,034 in 2018 to $304,722 in 2023, demonstrating financial stability and capacity.
Absence of liabilities in recent years (2020-2023), indicating strong fiscal management and low financial risk.
Long operational history with 13 IRS 990 filings, suggesting established presence and commitment.
Spending Breakdown
How Webark Estates allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Webark Estates
Is Webark Estates a legitimate charity?
Based on AI analysis of IRS 990 filings, Webark Estates (EIN: 20644795) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Webark Estates a good charity to donate to?
Webark Estates has a Mission Score of 85/100. Revenue: $232K. Assets: $286K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Webark Estates?
The Employer Identification Number (EIN) for Webark Estates is 20644795. 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 Webark Estates spend its money?
Webark Estates allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Webark Estates's tax-exempt status?
You can verify Webark Estates's tax-exempt status using EIN 20644795 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
Webark Estates demonstrates a consistent operational history with 13 filings, indicating a commitment to regular reporting. The organization's financial health shows some volatility in revenue, with a notable spike in 2019 to $635,088, followed by a return to a range between $175,103 and $273,505 in recent years. Expenses have generally tracked revenue, though there have been periods where expenses exceeded revenue, such as in 2021 ($298,352 expenses vs. $175,103 revenue) and 2022 ($293,473 expenses vs. $273,505 revenue), suggesting reliance on prior reserves or other funding sources during those times. Assets have grown significantly over the years, from $14,034 in 2018 to $304,722 in 2023, indicating financial stability and growth in its resource base.
The organization's spending efficiency appears to be managed, with expenses generally aligning with revenue over the long term. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice suggests a volunteer-driven leadership or a structure where executive compensation is not a significant financial outlay, which is positive for donor confidence. The absence of liabilities in recent years (2020-2023) further strengthens its financial position and reduces financial risk.
Overall, Webark Estates appears to be a financially stable organization with good transparency, particularly regarding executive compensation. While there are periods of deficit spending, the overall trend of asset growth and consistent reporting suggests a well-managed entity. The lack of liabilities in recent years is a positive sign of fiscal responsibility. Further analysis would benefit from a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data.