Extremely low revenue in recent years ($250 in 2020, $0 in 2019) raising sustainability concerns.
Significant decline in assets from $1,090,415 in 2017 to $163,087 in 2020 without clear explanation.
Consistent expenses despite minimal or no revenue, suggesting reliance on asset depletion.
Lack of detailed expense breakdown makes it difficult to assess spending efficiency.
Strengths
Officers receive 0% compensation, indicating a volunteer-driven leadership.
Maintains a substantial asset base ($163,087 in 2020) despite low revenue, providing some financial cushion.
Spending Breakdown
How Wickenburg Economic Developmentpartnership allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Wickenburg Economic Developmentpartnership
Is Wickenburg Economic Developmentpartnership a legitimate charity?
Based on AI analysis of IRS 990 filings, Wickenburg Economic Developmentpartnership (EIN: 208026920) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Wickenburg Economic Developmentpartnership a good charity to donate to?
Wickenburg Economic Developmentpartnership has a Mission Score of 45/100. Revenue: $250. Assets: $163K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wickenburg Economic Developmentpartnership?
The Employer Identification Number (EIN) for Wickenburg Economic Developmentpartnership is 208026920. 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 Wickenburg Economic Developmentpartnership spend its money?
Wickenburg Economic Developmentpartnership allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wickenburg Economic Developmentpartnership's tax-exempt status?
You can verify Wickenburg Economic Developmentpartnership's tax-exempt status using EIN 208026920 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
The Wickenburg Economic Development Partnership appears to be in a challenging financial position, as indicated by its latest filing (202012) showing only $250 in revenue against $115 in expenses, and a prior year (201912) with $0 revenue against $240 in expenses. While the organization holds $163,087 in assets, its operational revenue generation is extremely low, raising concerns about its sustainability and ability to fund its mission effectively. The significant drop in assets from $1,090,415 in 201712 to $163,087 in 202012 also warrants scrutiny, suggesting a substantial divestment or loss of assets.
Spending efficiency is difficult to assess without a detailed breakdown of expenses, which is not provided in the summary data. However, the consistent pattern of minimal to no revenue in recent years, coupled with ongoing expenses, suggests that the organization may be drawing down on its reserves or relying on past funding. The absence of officer compensation across all reported periods indicates that leadership is likely unpaid, which can be a positive sign for resource allocation, but also might reflect the organization's limited financial capacity.
Transparency regarding financial operations is somewhat limited by the high-level data. While the filings are publicly available, the lack of detailed expense categories makes it hard to determine how efficiently funds are being used for programs versus administrative or fundraising costs. The dramatic fluctuations in revenue and assets over the years, particularly the large asset reduction, would require further investigation of the full 990 forms to understand the underlying causes and implications for the organization's long-term viability and impact.