25045 A New Clendenin Inc

A New Clendenin Inc. experiences significant revenue growth in its latest period, maintaining 0% officer compensation.

EIN: 200479474 · Clendenin, WV · NTEE: S32 · Updated: 2026-03-28

$6.7MRevenue
$9.2MAssets
75/100Mission Score (Good)
S32
25045 A New Clendenin Inc Financial Summary
MetricValue
Total Revenue$6.7M
Total Expenses$195K
Program Spending85%
CEO/Top Officer Pay$9
Net Assets$1.8M
Transparency Score75/100

Is 25045 A New Clendenin Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

25045 A New Clendenin Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About 25045 A New Clendenin Inc

25045 A New Clendenin Inc (EIN: 200479474) is a nonprofit organization based in Clendenin, WV, classified under NTEE code S32. The organization reported total revenue of $6.7M and total assets of $9.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 25045 A New Clendenin Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

5Years Operating
Mid-SizeSize Classification
5Years of Filings
MixedRevenue Trajectory

25045 A New Clendenin Inc is a mid-size nonprofit that has been operating for 5 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 16.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$198K
Total Expenses$195K
Surplus / Deficit+$3K
Total Assets$2.7M
Total Liabilities$924K
Net Assets$1.8M
Operating Margin1.6%
Debt-to-Asset Ratio33.8%
Months of Reserves168.2 months

Financial Health Grade: A

In 2023, 25045 A New Clendenin Inc reported a surplus of $3K with revenue exceeding expenses, holds 168.2 months of operating reserves (strong position), has a debt-to-asset ratio of 33.8% (moderate leverage).

Financial Trends

Over 5 years of filings (2019–2023), 25045 A New Clendenin Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023-71.4%-84.1%-1.2%
2022+453.5%+1466.3%-17.1%
2021+129.6%+66.7%-0.8%
2020-49.7%-45.8%-0.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2021

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

A New Clendenin Inc. demonstrates a fluctuating financial performance over the past five years, with a notable spike in revenue to $6,689,310 in its latest reported period, a significant increase from previous years. While the organization's assets have grown to $9,224,055, it's important to note the substantial liabilities, which were $923,645 in 2023. The organization consistently reports 0% officer compensation, which is a positive indicator of resource allocation directly to its mission rather than executive salaries. The spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation suggests a commitment to minimizing overhead in that specific area. The organization's revenue has shown considerable volatility, with a large jump in the latest period, which warrants further investigation into the source and sustainability of this funding. Transparency appears to be adequate given the availability of five years of IRS 990 filings. The consistent reporting of key financial metrics allows for a basic level of analysis. However, a deeper understanding of their financial health would benefit from more granular expense data to evaluate the proportion of funds dedicated to programs versus overhead.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates 25045 A New Clendenin Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, 25045 A New Clendenin Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$198KTotal Revenue
$195KTotal Expenses
$2.7MTotal Assets
$924KTotal Liabilities
$1.8MNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all five available filings, indicating that no salaries were paid to officers, which is highly unusual for an organization with assets over $9 million and revenue in the millions.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of 25045 A New Clendenin Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for 25045 A New Clendenin Inc:

Frequently Asked Questions about 25045 A New Clendenin Inc

Is 25045 A New Clendenin Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, 25045 A New Clendenin Inc (EIN: 200479474) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

How does 25045 A New Clendenin Inc spend its money?

25045 A New Clendenin Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to 25045 A New Clendenin Inc tax-deductible?

25045 A New Clendenin Inc is registered as a tax-exempt nonprofit (EIN: 200479474). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the 25045 A New Clendenin Inc CEO make?

25045 A New Clendenin Inc's highest-compensated officer earns $9 annually. The organization reported $6.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of 25045 A New Clendenin Inc's spending goes to programs?

25045 A New Clendenin Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does 25045 A New Clendenin Inc compare to similar nonprofits?

With a transparency score of 75/100 (Good), 25045 A New Clendenin Inc is above average for NTEE category S32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is 25045 A New Clendenin Inc located?

25045 A New Clendenin Inc is headquartered in Clendenin, West Virginia and files with the IRS under EIN 200479474. It is classified under NTEE code S32.

How many years of IRS 990 filings does 25045 A New Clendenin Inc have?

25045 A New Clendenin Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.7M in total revenue.

What caused the significant increase in revenue to $6,689,310 in the latest period?

The provided data shows a substantial jump in revenue from $198,153 in 2023 to $6,689,310 in the latest reported period. The specific cause is not detailed in the summary, but it warrants further investigation into grants, donations, or other income sources.

How does the organization manage its operations with 0% officer compensation?

The consistent reporting of 0% officer compensation across all filings suggests that leadership roles may be filled by volunteers, or compensation is structured in a way not reported as 'officer compensation' on the 990, which would require reviewing the full filing for details.

What is the breakdown of program, administrative, and fundraising expenses?

The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency.

Filing History

IRS 990 filing history for 25045 A New Clendenin Inc showing financial trends over 5 years of public records:

Over 5 years of IRS 990 filings (2019–2023), 25045 A New Clendenin Inc's revenue has grown by 82.9%, moving from $108K to $198K. Total assets decreased by 19.2% over the same period, from $3.4M to $2.7M. Total functional expenses rose by 124.3%, from $87K to $195K. In its most recent filing year (2023), 25045 A New Clendenin Inc reported a surplus of $3K, with revenue exceeding expenses. The organization holds $924K in liabilities against $2.7M in assets (debt-to-asset ratio: 33.8%), resulting in net assets of $1.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $198K $195K $2.7M $924K
2022 $692K $1.2M $2.8M $959K View 990
2021 $125K $79K $3.3M $970K View 990
2020 $54K $47K $3.4M $1.0M View 990
2019 $108K $87K $3.4M $1.1M View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for 25045 A New Clendenin Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing

Data Sources and Methodology

This transparency report for 25045 A New Clendenin Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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

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