Naco Wellness Initiative

Naco Wellness Initiative shows consistent growth and no officer compensation over ten years.

EIN: 20718418 · Bisbee, AZ · NTEE: E32 · Updated: 2026-03-28

$127KRevenue

$122KAssets

90/100Mission Score (Excellent)

E32

About Naco Wellness Initiative

Naco Wellness Initiative (EIN: 20718418) is a nonprofit organization based in Bisbee, AZ, classified under NTEE code E32. The organization reported total revenue of $127K and total assets of $122K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Naco Wellness Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Naco Wellness Initiative demonstrates a generally stable financial position, with recent revenues in 2023 of $151,658 exceeding expenses of $146,050, leading to a modest surplus. Over the past five years, the organization has seen fluctuating but generally increasing revenue, from $38,241 in 2019 to $151,658 in 2023, indicating growth in its operations or funding. The organization consistently reports $0 in liabilities for most years, with the exception of $45,000 in 2022, suggesting a healthy balance sheet and minimal debt burden. Their assets have also shown growth, reaching $104,312 in 2023.

Regarding spending efficiency, the Naco Wellness Initiative reports 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership and a commitment to directing funds towards its mission. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the absence of officer compensation suggests a lean operational structure. The organization's consistent financial reporting over ten periods, with no reported officer compensation, points to a high degree of transparency in this specific area.

Overall, the Naco Wellness Initiative appears to be a financially sound and transparent organization, particularly concerning executive compensation. Its ability to manage expenses within its revenue, maintain a healthy asset base, and operate without paid officers are positive indicators of its financial health and dedication to its mission. Further analysis of detailed expense categories would provide a more complete picture of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Naco Wellness Initiative 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, Naco Wellness Initiative 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.

Executive Compensation Analysis

The Naco Wellness Initiative reports 0% officer compensation across all ten available filings, indicating that its leadership operates on a volunteer basis, which is highly commendable for a nonprofit of its size with revenues ranging from $38,241 to $169,970.

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 Naco Wellness Initiative:

Consistent 0% officer compensation across all filings, indicating volunteer leadership.
Healthy growth in revenue and assets over the past five years, from $38,241 revenue in 2019 to $151,658 in 2023.
Generally low or zero liabilities, demonstrating sound financial management.
Consistent filing history over ten periods, indicating transparency and compliance.
Expenses generally managed within revenue, with surpluses in most recent years (e.g., $151,658 revenue vs. $146,050 expenses in 2023).

Frequently Asked Questions about Naco Wellness Initiative

Is Naco Wellness Initiative a good charity?

Based on the provided data, Naco Wellness Initiative appears to be a good charity. It demonstrates consistent financial reporting, growth in revenue and assets, and notably, zero officer compensation across all filings, suggesting a strong commitment to its mission and efficient use of funds.

How has Naco Wellness Initiative's revenue changed over time?

Naco Wellness Initiative's revenue has shown significant growth and fluctuation, increasing from $38,241 in 2019 to $151,658 in 2023, with a peak of $169,970 in 2022. This indicates an expanding operational scope or increased donor support.

What is the organization's approach to executive compensation?

The organization's approach to executive compensation is highly efficient, as it consistently reports 0% officer compensation across all ten years of filings. This means its leadership is unpaid, directing more resources to programs.

Are there any significant liabilities reported?

For most years, Naco Wellness Initiative reports $0 in liabilities. The only exception is $45,000 reported in 2022, which was resolved by 2023 when liabilities returned to $0, indicating good financial management.

Filing History

IRS 990 filing history for Naco Wellness Initiative showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2013–2023), Naco Wellness Initiative's revenue has grown by 92.3%, moving from $79K to $152K. Total assets increased by 182.3% over the same period, from $37K to $104K. Total functional expenses rose by 238.9%, from $43K to $146K. In its most recent filing year (2023), Naco Wellness Initiative reported a surplus of $6K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$152K	$146K	$104K	$0	—	View 990
2022	$170K	$146K	$123K	$45K	—	View 990
2021	$105K	$108K	$56K	$0	—	View 990
2020	$43K	$42K	$59K	$0	—	View 990
2019	$38K	$44K	$58K	$0	—	View 990
2018	$49K	$46K	$64K	$0	—	View 990
2017	$37K	$55K	$60K	$0	—	View 990
2016	$109K	$48K	$78K	$0	—	View 990
2015	$58K	$51K	$17K	$0	—	View 990
2013	$79K	$43K	$37K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $152K, expenses of $146K, and assets of $104K (revenue -10.8% year-over-year).
2022: Revenue of $170K, expenses of $146K, and assets of $123K (revenue +61.4% year-over-year).
2021: Revenue of $105K, expenses of $108K, and assets of $56K (revenue +144.9% year-over-year).
2020: Revenue of $43K, expenses of $42K, and assets of $59K (revenue +12.4% year-over-year).
2019: Revenue of $38K, expenses of $44K, and assets of $58K (revenue -21.7% year-over-year).
2018: Revenue of $49K, expenses of $46K, and assets of $64K (revenue +30.7% year-over-year).
2017: Revenue of $37K, expenses of $55K, and assets of $60K (revenue -65.8% year-over-year).
2016: Revenue of $109K, expenses of $48K, and assets of $78K (revenue +89.2% year-over-year).
2015: Revenue of $58K, expenses of $51K, and assets of $17K (revenue -26.8% year-over-year).
2013: Revenue of $79K, expenses of $43K, and assets of $37K.

Data Sources and Methodology

This transparency report for Naco Wellness Initiative 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.