G H Weems Educational Fund
EIN: 626047271 · Waverly, TN
| Metric | Value |
|---|---|
| Total Revenue | $241K |
| Total Expenses | $64K |
| Net Assets | $434K |
Is G H Weems Educational Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About G H Weems Educational Fund
G H Weems Educational Fund (EIN: 626047271) is a nonprofit organization based in Waverly, TN. The organization reported total revenue of $241K and total assets of $647K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of G H Weems Educational Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
G H Weems Educational Fund is a small nonprofit that has been operating for 70 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -236.1% | +140.6% | -15.6% |
| 2022 | -50.2% | -35.4% | -7.4% |
| 2021 | +134.8% | -15.3% | -3.1% |
| 2020 | -38.9% | -24.7% | -6.7% |
| 2019 | -5.2% | -22.8% | -9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1956 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for G H Weems Educational Fund 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 G H Weems Educational Fund 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: 0.0%.
Frequently Asked Questions about G H Weems Educational Fund
Is G H Weems Educational Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, G H Weems Educational Fund (EIN: 626047271) insufficient data. 0 red flags identified, 0 strengths noted.
How does G H Weems Educational Fund spend its money?
Detailed spending breakdown data is not yet available for G H Weems Educational Fund. Check back for updated IRS 990 analysis.
Are donations to G H Weems Educational Fund tax-deductible?
G H Weems Educational Fund is registered as a tax-exempt nonprofit (EIN: 626047271). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is G H Weems Educational Fund located?
G H Weems Educational Fund is headquartered in Waverly, Tennessee and files with the IRS under EIN 626047271.
How many years of IRS 990 filings does G H Weems Educational Fund have?
G H Weems Educational Fund has 10 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 $241K in total revenue.
Filing History
IRS 990 filing history for G H Weems Educational Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), G H Weems Educational Fund's revenue has declined by 127.3%, moving from $58K to $-15,863. Total assets decreased by 44.1% over the same period, from $777K to $434K. Total functional expenses fell by 9.4%, from $71K to $64K. The organization holds $1 in liabilities against $434K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $434K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-15,863 | $64K | $434K | $1 | — | View 990 |
| 2022 | $12K | $27K | $514K | $1 | — | View 990 |
| 2021 | $23K | $41K | $555K | $453 | — | View 990 |
| 2020 | $10K | $49K | $572K | $114 | — | — |
| 2019 | $16K | $65K | $614K | $3K | — | View 990 |
| 2015 | $17K | $84K | $680K | $3K | — | View 990 |
| 2014 | $20K | $72K | $719K | $2K | — | View 990 |
| 2013 | $15K | $73K | $712K | $2K | — | View 990 |
| 2012 | $18K | $70K | $762K | $2K | — | View 990 |
| 2011 | $58K | $71K | $777K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-15,863, expenses of $64K, and assets of $434K (revenue -236.1% year-over-year).
- 2022: Revenue of $12K, expenses of $27K, and assets of $514K (revenue -50.2% year-over-year).
- 2021: Revenue of $23K, expenses of $41K, and assets of $555K (revenue +134.8% year-over-year).
- 2020: Revenue of $10K, expenses of $49K, and assets of $572K (revenue -38.9% year-over-year).
- 2019: Revenue of $16K, expenses of $65K, and assets of $614K (revenue -5.2% year-over-year).
- 2015: Revenue of $17K, expenses of $84K, and assets of $680K (revenue -15.9% year-over-year).
- 2014: Revenue of $20K, expenses of $72K, and assets of $719K (revenue +32.7% year-over-year).
- 2013: Revenue of $15K, expenses of $73K, and assets of $712K (revenue -15.1% year-over-year).
- 2012: Revenue of $18K, expenses of $70K, and assets of $762K (revenue -68.7% year-over-year).
- 2011: Revenue of $58K, expenses of $71K, and assets of $777K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for G H Weems Educational Fund:
Data Sources and Methodology
This transparency report for G H Weems Educational Fund 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.