Cumberland Wellness Properties Inc
EIN: 261289884 · Williamsburg, KY · NTEE: B194
| Metric | Value |
|---|---|
| Total Revenue | $20K |
| Net Assets | $-11,443 |
Is Cumberland Wellness Properties Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cumberland Wellness Properties Inc
Cumberland Wellness Properties Inc (EIN: 261289884) is a nonprofit organization based in Williamsburg, KY, classified under NTEE code B194. The organization reported total revenue of $20K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cumberland Wellness Properties Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cumberland Wellness Properties Inc is a micro nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2012–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -100.0% | +0.0% |
| 2022 | -25.0% | -20.3% | -99.9% |
| 2021 | +0.0% | +0.0% | -2.8% |
| 2020 | +0.0% | -1.7% | -3.0% |
| 2019 | +0.0% | +3.4% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cumberland Wellness Properties Inc 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 Cumberland Wellness Properties Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 237.5%.
Frequently Asked Questions about Cumberland Wellness Properties Inc
Is Cumberland Wellness Properties Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cumberland Wellness Properties Inc (EIN: 261289884) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cumberland Wellness Properties Inc spend its money?
Detailed spending breakdown data is not yet available for Cumberland Wellness Properties Inc. Check back for updated IRS 990 analysis.
Are donations to Cumberland Wellness Properties Inc tax-deductible?
Cumberland Wellness Properties Inc is registered as a tax-exempt nonprofit (EIN: 261289884). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cumberland Wellness Properties Inc located?
Cumberland Wellness Properties Inc is headquartered in Williamsburg, Kentucky and files with the IRS under EIN 261289884. It is classified under NTEE code B194.
How many years of IRS 990 filings does Cumberland Wellness Properties Inc have?
Cumberland Wellness Properties Inc has 12 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 $20K in total revenue.
Filing History
IRS 990 filing history for Cumberland Wellness Properties Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Cumberland Wellness Properties Inc's revenue has declined by 100%, moving from $190K to $0. Total assets decreased by 99.9% over the same period, from $16.1M to $8K. Total functional expenses fell by 100%, from $517K to $0. The organization holds $20K in liabilities against $8K in assets (debt-to-asset ratio: 237.5%), resulting in net assets of $-11,443.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $0 | $8K | $20K | — | — |
| 2022 | $124K | $389K | $8K | $20K | — | View 990 |
| 2021 | $165K | $488K | $11.4M | $13.0M | — | — |
| 2020 | $165K | $488K | $11.7M | $13.0M | — | View 990 |
| 2019 | $165K | $496K | $12.1M | $13.0M | — | View 990 |
| 2018 | $165K | $480K | $12.3M | $13.0M | — | View 990 |
| 2017 | $165K | $643K | $12.7M | $13.0M | — | View 990 |
| 2016 | $151K | $0 | $13.1M | $13.0M | — | View 990 |
| 2015 | $5.1M | $4.5M | $12.8M | $12.8M | — | View 990 |
| 2014 | $190K | $517K | $15.4M | $16.0M | — | View 990 |
| 2013 | $190K | $517K | $15.7M | $16.0M | — | View 990 |
| 2012 | $190K | $517K | $16.1M | $16.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $0, and assets of $8K (revenue -100.0% year-over-year).
- 2022: Revenue of $124K, expenses of $389K, and assets of $8K (revenue -25.0% year-over-year).
- 2021: Revenue of $165K, expenses of $488K, and assets of $11.4M (revenue +0.0% year-over-year).
- 2020: Revenue of $165K, expenses of $488K, and assets of $11.7M (revenue +0.0% year-over-year).
- 2019: Revenue of $165K, expenses of $496K, and assets of $12.1M (revenue +0.0% year-over-year).
- 2018: Revenue of $165K, expenses of $480K, and assets of $12.3M (revenue +0.0% year-over-year).
- 2017: Revenue of $165K, expenses of $643K, and assets of $12.7M (revenue +9.1% year-over-year).
- 2016: Revenue of $151K, expenses of $0, and assets of $13.1M (revenue -97.1% year-over-year).
- 2015: Revenue of $5.1M, expenses of $4.5M, and assets of $12.8M (revenue +2604.9% year-over-year).
- 2014: Revenue of $190K, expenses of $517K, and assets of $15.4M (revenue +0.0% year-over-year).
- 2013: Revenue of $190K, expenses of $517K, and assets of $15.7M (revenue +0.0% year-over-year).
- 2012: Revenue of $190K, expenses of $517K, and assets of $16.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cumberland Wellness Properties Inc:
Data Sources and Methodology
This transparency report for Cumberland Wellness Properties 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.