Quick charity verification for Wyman Way Cooperative Inc (EIN: 20401036)
Verdict: Wyman Way Cooperative Inc appears trustworthy
75/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
No recent financial data (latest revenue $0, assets $0) suggesting inactivity or cessation of operations
Unknown NTEE code, making it difficult to understand the organization's mission and compare efficiency to peers
Strengths
Consistent positive net income from 2012-2014, indicating financial stability during that period
No reported officer compensation across all filings, suggesting high efficiency in executive overhead
Decreasing liabilities and stable assets from 2012-2014, showing improving balance sheet health
Spending Breakdown
How Wyman Way Cooperative Inc 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 Wyman Way Cooperative Inc
Is Wyman Way Cooperative Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wyman Way Cooperative Inc (EIN: 20401036) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Wyman Way Cooperative Inc a good charity to donate to?
Wyman Way Cooperative Inc has a Mission Score of 75/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wyman Way Cooperative Inc?
The Employer Identification Number (EIN) for Wyman Way Cooperative Inc is 20401036. 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 Wyman Way Cooperative Inc spend its money?
Wyman Way Cooperative Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wyman Way Cooperative Inc's tax-exempt status?
You can verify Wyman Way Cooperative Inc's tax-exempt status using EIN 20401036 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
Wyman Way Cooperative Inc appears to be a small, community-focused organization, as indicated by its modest revenue and asset figures over the past three reported periods. The organization consistently reported positive net income, with revenues exceeding expenses in all three filings (e.g., $72,549 revenue vs. $72,062 expenses in 2014). This suggests a degree of financial stability, albeit on a small scale. The organization's assets have grown from $68,141 in 2012 to $69,153 in 2014, while liabilities have decreased from $64,839 to $45,812 over the same period, indicating an improving balance sheet. The consistent reporting of 0% officer compensation suggests that the organization is likely volunteer-run or has very low administrative overhead related to executive salaries, which is a positive sign for donor confidence. However, the lack of recent financial data (latest revenue $0, assets $0) and an 'Unknown' NTEE code make a comprehensive current assessment challenging.