Medicine Wheel Trail Advocates Inc
Medicine Wheel Trail Advocates Inc maintains stable finances with no reported officer compensation.
EIN: 205765291 · Colorado Spgs, CO · NTEE: N32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $138K |
| Total Expenses | $95K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $91K |
| Transparency Score | 90/100 |
Is Medicine Wheel Trail Advocates Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Medicine Wheel Trail Advocates Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Medicine Wheel Trail Advocates Inc
Medicine Wheel Trail Advocates Inc (EIN: 205765291) is a nonprofit organization based in Colorado Spgs, CO, classified under NTEE code N32. The organization reported total revenue of $138K and total assets of $134K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Medicine Wheel Trail Advocates Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Medicine Wheel Trail Advocates Inc is a small nonprofit that has been operating for 19 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $105K |
| Total Expenses | $95K |
| Surplus / Deficit | +$11K |
| Total Assets | $97K |
| Total Liabilities | $6K |
| Net Assets | $91K |
| Operating Margin | 10.1% |
| Debt-to-Asset Ratio | 6.4% |
| Months of Reserves | 12.3 months |
Financial Health Grade: A
In 2023, Medicine Wheel Trail Advocates Inc reported a surplus of $11K with revenue exceeding expenses, holds 12.3 months of operating reserves (strong position), has a debt-to-asset ratio of 6.4% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Medicine Wheel Trail Advocates Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.0% | -33.1% | +12.4% |
| 2022 | -15.6% | +30.1% | -26.4% |
| 2021 | +20.8% | +36.6% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Medicine Wheel Trail Advocates Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Medicine Wheel Trail Advocates 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:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% for all available periods, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with revenues around $100,000 annually.
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.
Strengths
The following positive indicators were identified for Medicine Wheel Trail Advocates Inc:
- 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Stable financial position with consistent revenue and growing assets.
- Low liabilities in recent years, suggesting good financial management.
- Consistent filing of IRS 990 forms, demonstrating transparency.
Frequently Asked Questions about Medicine Wheel Trail Advocates Inc
Is Medicine Wheel Trail Advocates Inc a legitimate charity?
Medicine Wheel Trail Advocates Inc (EIN: 205765291) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 90/100. It has 4 years of IRS 990 filings on record. Total revenue: $138K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Medicine Wheel Trail Advocates Inc spend its money?
Medicine Wheel Trail Advocates Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Medicine Wheel Trail Advocates Inc tax-deductible?
Medicine Wheel Trail Advocates Inc is registered as a tax-exempt nonprofit (EIN: 205765291). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Medicine Wheel Trail Advocates Inc CEO make?
Medicine Wheel Trail Advocates Inc's highest-compensated officer earns $100,000 annually. The organization reported $138K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Medicine Wheel Trail Advocates Inc's spending goes to programs?
Medicine Wheel Trail Advocates Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Medicine Wheel Trail Advocates Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Medicine Wheel Trail Advocates Inc is above average for NTEE category N32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Medicine Wheel Trail Advocates Inc located?
Medicine Wheel Trail Advocates Inc is headquartered in Colorado Spgs, Colorado and files with the IRS under EIN 205765291. It is classified under NTEE code N32.
How many years of IRS 990 filings does Medicine Wheel Trail Advocates Inc have?
Medicine Wheel Trail Advocates Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $138K in total revenue.
Is Medicine Wheel Trail Advocates Inc a good charity?
Based on the provided data, Medicine Wheel Trail Advocates Inc appears to be a good charity. It consistently reports 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds. Its financial health is stable, with assets generally growing and liabilities remaining manageable.
How has the organization's revenue trended over the last few years?
The organization's revenue has fluctuated but remained relatively stable, ranging from $105,296 in 2023 to a high of $131,232 in 2021. The latest reported revenue is $105,296.
What is the organization's approach to executive compensation?
Medicine Wheel Trail Advocates Inc reports 0% officer compensation across all available filings (2020-2023), indicating that its leadership is volunteer-based and does not receive salaries from the organization.
Are there any significant financial liabilities?
The organization's liabilities have generally been low, ranging from $6,122 to $6,912 in recent years, with an exception in 2020 where liabilities were $30,000. This suggests a generally healthy balance sheet.
Filing History
IRS 990 filing history for Medicine Wheel Trail Advocates Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Medicine Wheel Trail Advocates Inc's revenue has declined by 3.1%, moving from $109K to $105K. Total assets decreased by 17.6% over the same period, from $118K to $97K. Total functional expenses rose by 19%, from $80K to $95K. In its most recent filing year (2023), Medicine Wheel Trail Advocates Inc reported a surplus of $11K, with revenue exceeding expenses. The organization holds $6K in liabilities against $97K in assets (debt-to-asset ratio: 6.4%), resulting in net assets of $91K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $105K | $95K | $97K | $6K | — | — |
| 2022 | $111K | $141K | $86K | $6K | — | View 990 |
| 2021 | $131K | $109K | $117K | $7K | — | View 990 |
| 2020 | $109K | $80K | $118K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $105K, expenses of $95K, and assets of $97K (revenue -5.0% year-over-year).
- 2022: Revenue of $111K, expenses of $141K, and assets of $86K (revenue -15.6% year-over-year).
- 2021: Revenue of $131K, expenses of $109K, and assets of $117K (revenue +20.8% year-over-year).
- 2020: Revenue of $109K, expenses of $80K, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Medicine Wheel Trail Advocates Inc:
Data Sources and Methodology
This transparency report for Medicine Wheel Trail Advocates 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.