Northern Indiana Woodcrafters Association Inc
Northern Indiana Woodcrafters Association Inc shows strong revenue growth and zero executive compensation.
EIN: 202840068 · Middlebury, IN · NTEE: S40 · Updated: 2026-03-28
Is Northern Indiana Woodcrafters Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northern Indiana Woodcrafters Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northern Indiana Woodcrafters Association Inc
Northern Indiana Woodcrafters Association Inc (EIN: 202840068) is a nonprofit organization based in Middlebury, IN, classified under NTEE code S40. The organization reported total revenue of $482K and total assets of $232K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northern Indiana Woodcrafters Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Northern Indiana Woodcrafters Association Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Northern Indiana Woodcrafters Association Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is either volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with latest revenue of $418,508.
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 Northern Indiana Woodcrafters Association Inc:
- Consistent absence of liabilities across all filings.
- Zero reported officer compensation, indicating high efficiency.
- Significant revenue growth in the latest filing period (from $287,225 in 2022 to $418,508 in 2023).
- Healthy and growing asset base, reaching $339,551 in 2023.
- Strong financial stability and prudent management.
Frequently Asked Questions about Northern Indiana Woodcrafters Association Inc
Is Northern Indiana Woodcrafters Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Northern Indiana Woodcrafters Association Inc (EIN: 202840068) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Northern Indiana Woodcrafters Association Inc spend its money?
Northern Indiana Woodcrafters Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Northern Indiana Woodcrafters Association Inc tax-deductible?
Northern Indiana Woodcrafters Association Inc is registered as a tax-exempt nonprofit (EIN: 202840068). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Northern Indiana Woodcrafters Association Inc a good charity?
Based on the provided financial data, Northern Indiana Woodcrafters Association Inc appears to be a very good charity. It exhibits strong financial health with growing revenue and assets, no liabilities, and a highly efficient operational model with zero reported executive compensation.
How has the organization's revenue trended over time?
The organization's revenue has shown a positive trend, particularly with a significant jump from $287,225 in 2022 to $418,508 in 2023, indicating substantial growth in its latest period.
What is the organization's liability situation?
Northern Indiana Woodcrafters Association Inc has consistently reported $0 in liabilities across all nine available IRS 990 filings, indicating excellent financial stability and no debt burden.
Filing History
IRS 990 filing history for Northern Indiana Woodcrafters Association Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Northern Indiana Woodcrafters Association Inc's revenue has grown by 66.3%, moving from $252K to $419K. Total assets increased by 28.8% over the same period, from $264K to $340K. Total functional expenses rose by 44.5%, from $230K to $332K. In its most recent filing year (2023), Northern Indiana Woodcrafters Association Inc reported a surplus of $86K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $419K | $332K | $340K | $0 | — | View 990 |
| 2022 | $287K | $264K | $253K | $0 | — | View 990 |
| 2021 | $272K | $298K | $230K | $0 | — | — |
| 2020 | $294K | $265K | $256K | $0 | — | — |
| 2019 | $308K | $295K | $226K | $0 | — | View 990 |
| 2018 | $253K | $288K | $213K | $0 | — | View 990 |
| 2017 | $249K | $256K | $248K | $0 | — | View 990 |
| 2016 | $255K | $264K | $255K | $0 | — | View 990 |
| 2015 | $252K | $230K | $264K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $419K, expenses of $332K, and assets of $340K (revenue +45.7% year-over-year).
- 2022: Revenue of $287K, expenses of $264K, and assets of $253K (revenue +5.5% year-over-year).
- 2021: Revenue of $272K, expenses of $298K, and assets of $230K (revenue -7.5% year-over-year).
- 2020: Revenue of $294K, expenses of $265K, and assets of $256K (revenue -4.6% year-over-year).
- 2019: Revenue of $308K, expenses of $295K, and assets of $226K (revenue +21.9% year-over-year).
- 2018: Revenue of $253K, expenses of $288K, and assets of $213K (revenue +1.7% year-over-year).
- 2017: Revenue of $249K, expenses of $256K, and assets of $248K (revenue -2.5% year-over-year).
- 2016: Revenue of $255K, expenses of $264K, and assets of $255K (revenue +1.4% year-over-year).
- 2015: Revenue of $252K, expenses of $230K, and assets of $264K.
Data Sources and Methodology
This transparency report for Northern Indiana Woodcrafters Association 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.