Is Wildwood Property Ownersassociation Inc Legit?

Quick charity verification for Wildwood Property Ownersassociation Inc (EIN: 204373764)

Verdict: Wildwood Property Ownersassociation Inc appears trustworthy

75/100Mission Score
$53KRevenue
$9KAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Wildwood Property Ownersassociation 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 Property Ownersassociation Inc

Is Wildwood Property Ownersassociation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Wildwood Property Ownersassociation Inc (EIN: 204373764) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Wildwood Property Ownersassociation Inc a good charity to donate to?

Wildwood Property Ownersassociation Inc has a Mission Score of 75/100. Revenue: $53K. Assets: $9K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Wildwood Property Ownersassociation Inc?

The Employer Identification Number (EIN) for Wildwood Property Ownersassociation Inc is 204373764. 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 Property Ownersassociation Inc spend its money?

Wildwood Property Ownersassociation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Wildwood Property Ownersassociation Inc's tax-exempt status?

You can verify Wildwood Property Ownersassociation Inc's tax-exempt status using EIN 204373764 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 Property Ownersassociation Inc operates on a relatively small scale, with recent annual revenues hovering around $50,000. The organization consistently reports zero officer compensation, which is a positive indicator of volunteer leadership and efficient use of funds for its stated purpose. However, the financial health shows some variability, with expenses exceeding revenue in several recent years, such as 2023 ($51,290 expenses vs. $51,002 revenue) and 2022 ($74,319 expenses vs. $51,250 revenue). This trend of deficit spending could lead to a depletion of assets over time if not managed, although liabilities have remained low or zero in most recent filings. The organization's assets have also seen a decline from a high of $74,769 in 2016 to $12,111 in 2023, which warrants attention. Given its NTEE code (S22 - Homeowners & Tenants Associations), the organization's primary function is likely to manage common property and services for its members. The absence of officer compensation suggests a high degree of transparency regarding executive pay, as there is none to report. The consistent filing of IRS Form 990s over many years also demonstrates a commitment to regulatory compliance and public disclosure. While the financial stability shows some fluctuations, the operational model appears lean, with resources directed towards its community-focused activities rather than administrative overhead or executive salaries. To further assess spending efficiency, a detailed breakdown of expenses would be necessary, but the overall picture suggests a community-driven organization with minimal administrative burden. The decline in assets and recurring deficits in recent years are areas that potential donors or members might want to investigate further to understand the long-term sustainability and financial planning of the association. However, the lack of liabilities in recent years is a positive sign, indicating that the organization is not accumulating debt.

View Full Transparency Report →

Disclaimer

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

Related Pages