Is Wildwood At Northpointe Community Association Inc Legit?
Quick charity verification for Wildwood At Northpointe Community Association Inc (EIN: 204662474)
Verdict: Wildwood At Northpointe Community Association Inc appears trustworthy
70/100Mission Score
$1.7MRevenue
$2.9MAssets
2Red Flags
3Strengths
Red Flags
Significant net loss in the latest fiscal year (202312), with expenses exceeding revenue by over $880,000.
Substantial increase in liabilities from $518,318 in 2022 to $1,471,732 in 2023, indicating increased debt or deferred obligations.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds by avoiding high executive salaries.
Steady growth in assets over the past decade, from $497,626 in 2014 to $3,322,102 in 2023, suggesting good asset management or investment in community infrastructure.
As a community association, most spending is inherently program-related, directly benefiting the community members.
Spending Breakdown
How Wildwood At Northpointe Community Association Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Wildwood At Northpointe Community Association Inc
Is Wildwood At Northpointe Community Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wildwood At Northpointe Community Association Inc (EIN: 204662474) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Wildwood At Northpointe Community Association Inc a good charity to donate to?
Wildwood At Northpointe Community Association Inc has a Mission Score of 70/100. Revenue: $1.7M. Assets: $2.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wildwood At Northpointe Community Association Inc?
The Employer Identification Number (EIN) for Wildwood At Northpointe Community Association Inc is 204662474. 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 Wildwood At Northpointe Community Association Inc spend its money?
Wildwood At Northpointe Community Association Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wildwood At Northpointe Community Association Inc's tax-exempt status?
You can verify Wildwood At Northpointe Community Association Inc's tax-exempt status using EIN 204662474 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
Wildwood At Northpointe Community Association Inc, as a community association (NTEE Code S22), primarily serves its members rather than the general public, which influences its financial structure and transparency expectations. The organization consistently reports zero officer compensation across all available filings, indicating a volunteer-led or externally managed executive structure, which is a positive sign for minimizing administrative overhead related to salaries. However, the most recent filing (202312) shows expenses of $2,580,621 significantly exceeding revenue of $1,700,156, resulting in a substantial net loss and a notable increase in liabilities from $518,318 in 2022 to $1,471,732 in 2023. This recent financial performance warrants closer scrutiny.
The organization's assets have shown consistent growth over the years, from $497,626 in 2014 to $3,322,102 in 2023, suggesting effective asset management or capital improvements within the community. While program spending details are not explicitly broken down in the provided summary, the nature of a community association implies that most expenses are directly related to maintaining and improving community assets and services. The significant increase in liabilities in the latest period, however, raises questions about the sustainability of its current spending patterns or potential large capital projects undertaken.