Is Woodring Wall Of Honor And Veterans Park Inc Legit?
Quick charity verification for Woodring Wall Of Honor And Veterans Park Inc (EIN: 201154941)
Verdict: Woodring Wall Of Honor And Veterans Park Inc appears trustworthy
85/100Mission Score
$67KRevenue
$1.1MAssets
2Red Flags
5Strengths
Red Flags
Operating at a deficit in multiple recent years (e.g., 202312 expenses $110,790 vs. revenue $63,001)
Significant year-over-year revenue volatility (e.g., $686,324 in 202212 down to $63,001 in 202312)
Strengths
Strong asset base ($1,162,075 in 202312) providing financial security
Zero liabilities reported across all filings, indicating excellent financial management
0% officer compensation, maximizing resources for program services
High percentage of spending directed towards programs (estimated 90%)
Consistent dedication to its mission over many years, as shown by 13 filings
Spending Breakdown
How Woodring Wall Of Honor And Veterans Park Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Woodring Wall Of Honor And Veterans Park Inc
Is Woodring Wall Of Honor And Veterans Park Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Woodring Wall Of Honor And Veterans Park Inc (EIN: 201154941) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Woodring Wall Of Honor And Veterans Park Inc a good charity to donate to?
Woodring Wall Of Honor And Veterans Park Inc has a Mission Score of 85/100. Revenue: $67K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Woodring Wall Of Honor And Veterans Park Inc?
The Employer Identification Number (EIN) for Woodring Wall Of Honor And Veterans Park Inc is 201154941. 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 Woodring Wall Of Honor And Veterans Park Inc spend its money?
Woodring Wall Of Honor And Veterans Park Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Woodring Wall Of Honor And Veterans Park Inc's tax-exempt status?
You can verify Woodring Wall Of Honor And Veterans Park Inc's tax-exempt status using EIN 201154941 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
Woodring Wall Of Honor And Veterans Park Inc demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the latest filing (202312), the organization reported expenses of $110,790 against revenue of $63,001, indicating a deficit for the year. However, the organization maintains substantial assets, reported at $1,162,075 in 202312, with zero liabilities, suggesting a strong financial foundation built over time. The significant revenue spike in 202212 ($686,324) followed by a return to lower levels in 202312 ($63,001) suggests reliance on periodic large contributions or grants, which can lead to revenue volatility.
The organization's spending efficiency appears to be strong, with a high percentage of expenses directed towards program services. The absence of officer compensation across all reported filings is a notable positive for transparency and resource allocation directly to the mission. While the organization has operated at a deficit in several recent years (e.g., 202312, 202112, 202012), its substantial asset base provides a buffer and indicates long-term financial stability. The consistent zero liability status further reinforces its sound financial management.