Center For Wooden Boats
EIN: 911061721 · Seattle, WA · NTEE: N50Z
Is Center For Wooden Boats Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Center For Wooden Boats
Center For Wooden Boats (EIN: 911061721) is a nonprofit organization based in Seattle, WA, classified under NTEE code N50Z. The organization reported total revenue of $2.3M and total assets of $8.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Wooden Boats's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Center For Wooden Boats has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Center For Wooden Boats with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Center For Wooden Boats
Is Center For Wooden Boats a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For Wooden Boats (EIN: 911061721) insufficient data. 0 red flags identified, 0 strengths noted.
How does Center For Wooden Boats spend its money?
Detailed spending breakdown data is not yet available for Center For Wooden Boats. Check back for updated IRS 990 analysis.
Are donations to Center For Wooden Boats tax-deductible?
Center For Wooden Boats is registered as a tax-exempt nonprofit (EIN: 911061721). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Center For Wooden Boats showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Center For Wooden Boats's revenue has grown by 43.2%, moving from $1.3M to $1.9M. Total assets increased by 180.9% over the same period, from $3.0M to $8.5M. Total functional expenses rose by 52.9%, from $1.3M to $2.0M. In its most recent filing year (2023), Center For Wooden Boats reported a deficit of $90K, with expenses exceeding revenue. The organization holds $791K in liabilities against $8.5M in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $7.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.0M | $8.5M | $791K | — | — |
| 2022 | $1.8M | $1.8M | $8.5M | $643K | — | View 990 |
| 2021 | $1.9M | $1.6M | $8.5M | $706K | — | View 990 |
| 2020 | $1.4M | $1.4M | $7.9M | $438K | — | — |
| 2019 | $1.6M | $1.6M | $7.8M | $278K | — | View 990 |
| 2018 | $1.4M | $1.4M | $8.8M | $544K | — | View 990 |
| 2017 | $2.2M | $1.3M | $8.7M | $411K | — | View 990 |
| 2016 | $4.5M | $1.6M | $8.2M | $730K | — | View 990 |
| 2015 | $2.1M | $1.7M | $5.2M | $674K | — | — |
| 2014 | $2.1M | $1.7M | $4.3M | $303K | — | View 990 |
| 2013 | $1.5M | $1.5M | $4.1M | $564K | — | View 990 |
| 2012 | $1.6M | $1.2M | $3.5M | $157K | — | View 990 |
| 2011 | $1.3M | $1.3M | $3.0M | $149K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.0M, and assets of $8.5M (revenue +4.2% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.8M, and assets of $8.5M (revenue -5.3% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.6M, and assets of $8.5M (revenue +38.5% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.4M, and assets of $7.9M (revenue -11.3% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.6M, and assets of $7.8M (revenue +14.4% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $8.8M (revenue -37.1% year-over-year).
- 2017: Revenue of $2.2M, expenses of $1.3M, and assets of $8.7M (revenue -51.7% year-over-year).
- 2016: Revenue of $4.5M, expenses of $1.6M, and assets of $8.2M (revenue +113.0% year-over-year).
- 2015: Revenue of $2.1M, expenses of $1.7M, and assets of $5.2M (revenue +0.2% year-over-year).
- 2014: Revenue of $2.1M, expenses of $1.7M, and assets of $4.3M (revenue +41.0% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $4.1M (revenue -9.0% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.2M, and assets of $3.5M (revenue +24.1% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $3.0M.
Data Sources and Methodology
This transparency report for Center For Wooden Boats 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.