Fort Wayne Trails Inc
EIN: 421545637 · Fort Wayne, IN · NTEE: N32
| Metric | Value |
|---|---|
| Total Revenue | $534K |
| Total Expenses | $400K |
| Net Assets | $1.5M |
Is Fort Wayne Trails Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fort Wayne Trails Inc
Fort Wayne Trails Inc (EIN: 421545637) is a nonprofit organization based in Fort Wayne, IN, classified under NTEE code N32. The organization reported total revenue of $534K and total assets of $996K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fort Wayne Trails Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fort Wayne Trails Inc is a small nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 17.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $687K |
| Total Expenses | $400K |
| Surplus / Deficit | +$288K |
| Total Assets | $1.5M |
| Total Liabilities | $3K |
| Net Assets | $1.5M |
| Operating Margin | 41.9% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 43.9 months |
Financial Health Grade: A
In 2023, Fort Wayne Trails Inc reported a surplus of $288K with revenue exceeding expenses, holds 43.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Fort Wayne Trails Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +68.5% | +33.9% | +25.1% |
| 2022 | -25.6% | -29.5% | +9.6% |
| 2021 | +36.1% | -2.8% | +11.1% |
| 2020 | -2.6% | +43.1% | +0.5% |
| 2019 | -0.3% | -9.5% | +24.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fort Wayne Trails 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 Fort Wayne Trails 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:
- The organization reported a surplus of $288K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Fort Wayne Trails Inc
Is Fort Wayne Trails Inc a legitimate charity?
Fort Wayne Trails Inc (EIN: 421545637) is a registered tax-exempt nonprofit based in Indiana. It has 14 years of IRS 990 filings on record. Total revenue: $534K. No red flags identified. Financial health grade: A.
How does Fort Wayne Trails Inc spend its money?
Fort Wayne Trails Inc reported $534K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fort Wayne Trails Inc tax-deductible?
Fort Wayne Trails Inc is registered as a tax-exempt nonprofit (EIN: 421545637). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fort Wayne Trails Inc located?
Fort Wayne Trails Inc is headquartered in Fort Wayne, Indiana and files with the IRS under EIN 421545637. It is classified under NTEE code N32.
How many years of IRS 990 filings does Fort Wayne Trails Inc have?
Fort Wayne Trails Inc has 14 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 $534K in total revenue.
Filing History
IRS 990 filing history for Fort Wayne Trails Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Fort Wayne Trails Inc's revenue has grown by 737.6%, moving from $82K to $687K. Total assets increased by 5720.8% over the same period, from $25K to $1.5M. Total functional expenses rose by 127.9%, from $175K to $400K. In its most recent filing year (2023), Fort Wayne Trails Inc reported a surplus of $288K, with revenue exceeding expenses. The organization holds $3K in liabilities against $1.5M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $687K | $400K | $1.5M | $3K | — | — |
| 2022 | $408K | $298K | $1.2M | $1K | — | View 990 |
| 2021 | $548K | $424K | $1.1M | $0 | — | View 990 |
| 2020 | $403K | $436K | $960K | $35K | — | View 990 |
| 2019 | $413K | $305K | $956K | $32 | — | View 990 |
| 2018 | $415K | $337K | $771K | $0 | — | View 990 |
| 2017 | $335K | $407K | $692K | $0 | — | View 990 |
| 2016 | $280K | $249K | $765K | $0 | — | View 990 |
| 2015 | $76K | $140K | $734K | $0 | — | View 990 |
| 2014 | $328K | $394K | $798K | $0 | — | View 990 |
| 2013 | $402K | $229K | $865K | $0 | — | View 990 |
| 2012 | $293K | $237K | $691K | $0 | — | View 990 |
| 2011 | $339K | $205K | $636K | $0 | — | View 990 |
| 2010 | $82K | $175K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $687K, expenses of $400K, and assets of $1.5M (revenue +68.5% year-over-year).
- 2022: Revenue of $408K, expenses of $298K, and assets of $1.2M (revenue -25.6% year-over-year).
- 2021: Revenue of $548K, expenses of $424K, and assets of $1.1M (revenue +36.1% year-over-year).
- 2020: Revenue of $403K, expenses of $436K, and assets of $960K (revenue -2.6% year-over-year).
- 2019: Revenue of $413K, expenses of $305K, and assets of $956K (revenue -0.3% year-over-year).
- 2018: Revenue of $415K, expenses of $337K, and assets of $771K (revenue +24.0% year-over-year).
- 2017: Revenue of $335K, expenses of $407K, and assets of $692K (revenue +19.4% year-over-year).
- 2016: Revenue of $280K, expenses of $249K, and assets of $765K (revenue +269.5% year-over-year).
- 2015: Revenue of $76K, expenses of $140K, and assets of $734K (revenue -76.8% year-over-year).
- 2014: Revenue of $328K, expenses of $394K, and assets of $798K (revenue -18.5% year-over-year).
- 2013: Revenue of $402K, expenses of $229K, and assets of $865K (revenue +37.4% year-over-year).
- 2012: Revenue of $293K, expenses of $237K, and assets of $691K (revenue -13.7% year-over-year).
- 2011: Revenue of $339K, expenses of $205K, and assets of $636K (revenue +313.2% year-over-year).
- 2010: Revenue of $82K, expenses of $175K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fort Wayne Trails Inc:
Data Sources and Methodology
This transparency report for Fort Wayne Trails 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.