Quick charity verification for Wyoming Womens Business Center (EIN: 205440821)
Verdict: Wyoming Womens Business Center appears trustworthy
90/100Mission Score
$817KRevenue
$938KAssets
1Red Flags
4Strengths
Red Flags
Occasional operating deficits (e.g., $63,148 deficit in 202309)
Strengths
Consistent 0% officer compensation reported across all filings
Long history of operations (13 filings available)
Maintains a healthy asset base relative to its revenue
Strong commitment to transparency regarding executive pay
Spending Breakdown
How Wyoming Womens Business Center allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Wyoming Womens Business Center
Is Wyoming Womens Business Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Wyoming Womens Business Center (EIN: 205440821) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Wyoming Womens Business Center a good charity to donate to?
Wyoming Womens Business Center has a Mission Score of 90/100. Revenue: $817K. Assets: $938K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wyoming Womens Business Center?
The Employer Identification Number (EIN) for Wyoming Womens Business Center is 205440821. 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 Wyoming Womens Business Center spend its money?
Wyoming Womens Business Center allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wyoming Womens Business Center's tax-exempt status?
You can verify Wyoming Womens Business Center's tax-exempt status using EIN 205440821 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 Wyoming Womens Business Center demonstrates consistent financial activity, with revenues and expenses generally in the range of $500,000 to $800,000 over the past decade. In the latest filing (202309), the organization reported revenues of $738,273 against expenses of $801,421, indicating a slight operating deficit for that period. This trend of expenses occasionally exceeding revenue is visible in several past filings, such as 202109 ($712,073 revenue vs. $790,433 expenses) and 201909 ($672,926 revenue vs. $697,492 expenses). While not a major concern for a nonprofit with a mission-driven focus, consistent deficits could impact long-term sustainability if not managed.
The organization's assets have fluctuated, peaking around $1.2 million in 201809 and currently standing at $812,684 in 202309. Liabilities have also varied, with the latest filing showing $449,521. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice is highly commendable and suggests a strong focus on program delivery.
Overall, the Wyoming Womens Business Center appears to be a financially stable organization, albeit with some periods of operating deficits. Its commitment to transparency, particularly regarding executive compensation, is a strong positive. The organization's ability to maintain its mission and operations over many years with fluctuating revenues and expenses suggests prudent financial management, even if it occasionally draws down on reserves.