North Central Wv Oic
EIN: 550560945 · Fairmont, WV · NTEE: J22Z
| Metric | Value |
|---|---|
| Total Revenue | $363K |
| Total Expenses | $381K |
| Net Assets | $-17,906 |
Is North Central Wv Oic Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About North Central Wv Oic
North Central Wv Oic (EIN: 550560945) is a nonprofit organization based in Fairmont, WV, classified under NTEE code J22Z. The organization reported total revenue of $363K and total assets of $239K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Central Wv Oic's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Central Wv Oic is a small nonprofit that has been operating for 49 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -12.4%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $363K |
| Total Expenses | $381K |
| Surplus / Deficit | $-18,078 |
| Total Assets | $239K |
| Total Liabilities | $257K |
| Net Assets | $-17,906 |
| Operating Margin | -5.0% |
| Debt-to-Asset Ratio | 107.5% |
| Months of Reserves | 7.5 months |
Financial Health Grade: C
In 2018, North Central Wv Oic reported a deficit of $18K with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 107.5% (high leverage).
Financial Trends
Over 8 years of filings (2011–2018), North Central Wv Oic's revenue has declined at a compound annual growth rate (CAGR) of -12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -40.3% | -38.7% | -31.7% |
| 2017 | +0.5% | -9.9% | +11.4% |
| 2016 | +1.7% | -1.5% | -16.2% |
| 2015 | -16.3% | -0.9% | -23.6% |
| 2014 | -6.1% | -6.3% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North Central Wv Oic 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 North Central Wv Oic 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 107.5%.
Frequently Asked Questions about North Central Wv Oic
Is North Central Wv Oic a legitimate charity?
Based on AI analysis of IRS 990 filings, North Central Wv Oic (EIN: 550560945) insufficient data. 0 red flags identified, 0 strengths noted.
How does North Central Wv Oic spend its money?
Detailed spending breakdown data is not yet available for North Central Wv Oic. Check back for updated IRS 990 analysis.
Are donations to North Central Wv Oic tax-deductible?
North Central Wv Oic is registered as a tax-exempt nonprofit (EIN: 550560945). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is North Central Wv Oic located?
North Central Wv Oic is headquartered in Fairmont, West Virginia and files with the IRS under EIN 550560945. It is classified under NTEE code J22Z.
How many years of IRS 990 filings does North Central Wv Oic have?
North Central Wv Oic has 8 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 $363K in total revenue.
Filing History
IRS 990 filing history for North Central Wv Oic showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), North Central Wv Oic's revenue has declined by 60.5%, moving from $918K to $363K. Total assets decreased by 55.6% over the same period, from $539K to $239K. Total functional expenses fell by 53.5%, from $820K to $381K. In its most recent filing year (2018), North Central Wv Oic reported a deficit of $18K, with expenses exceeding revenue. The organization holds $257K in liabilities against $239K in assets (debt-to-asset ratio: 107.5%), resulting in net assets of $-17,906.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $363K | $381K | $239K | $257K | — | View 990 |
| 2017 | $607K | $621K | $351K | $350K | — | View 990 |
| 2016 | $604K | $689K | $315K | $300K | — | View 990 |
| 2015 | $594K | $699K | $376K | $276K | — | View 990 |
| 2014 | $709K | $705K | $492K | $287K | — | View 990 |
| 2013 | $755K | $753K | $508K | $307K | — | View 990 |
| 2012 | $736K | $774K | $530K | $332K | — | View 990 |
| 2011 | $918K | $820K | $539K | $302K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $363K, expenses of $381K, and assets of $239K (revenue -40.3% year-over-year).
- 2017: Revenue of $607K, expenses of $621K, and assets of $351K (revenue +0.5% year-over-year).
- 2016: Revenue of $604K, expenses of $689K, and assets of $315K (revenue +1.7% year-over-year).
- 2015: Revenue of $594K, expenses of $699K, and assets of $376K (revenue -16.3% year-over-year).
- 2014: Revenue of $709K, expenses of $705K, and assets of $492K (revenue -6.1% year-over-year).
- 2013: Revenue of $755K, expenses of $753K, and assets of $508K (revenue +2.6% year-over-year).
- 2012: Revenue of $736K, expenses of $774K, and assets of $530K (revenue -19.8% year-over-year).
- 2011: Revenue of $918K, expenses of $820K, and assets of $539K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Central Wv Oic:
Data Sources and Methodology
This transparency report for North Central Wv Oic 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.