Northwoods Iii Center Inc
Northwoods III Center Inc. reports zero revenue and assets in its latest filing, despite a history of multi-million dollar revenues and substantial assets.
EIN: 134236926 · Dallas, TX · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $1.9M |
| Net Assets | $17.7M |
| Transparency Score | 20/100 |
Is Northwoods Iii Center Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northwoods Iii Center Inc
Northwoods Iii Center Inc (EIN: 134236926) is a nonprofit organization based in Dallas, TX. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northwoods Iii Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northwoods Iii Center Inc is a mid-size nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 21.2%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$772K |
| Total Assets | $30.2M |
| Total Liabilities | $12.5M |
| Net Assets | $17.7M |
| Operating Margin | 28.6% |
| Debt-to-Asset Ratio | 41.4% |
| Months of Reserves | 187.5 months |
Financial Health Grade: A
In 2016, Northwoods Iii Center Inc reported a surplus of $772K with revenue exceeding expenses, holds 187.5 months of operating reserves (strong position), has a debt-to-asset ratio of 41.4% (moderate leverage).
Financial Trends
Over 6 years of filings (2011–2016), Northwoods Iii Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +130.7% | +1438.2% | +2.2% |
| 2015 | -1.6% | -1.1% | +1.9% |
| 2014 | +26.0% | +8.6% | +6.5% |
| 2013 | -6.2% | -6.0% | +1.0% |
| 2012 | -2.5% | -1.6% | +0.4% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Northwoods Iii Center Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Northwoods Iii Center Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $772K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers directly by this entity, or that it is managed by volunteers. This is unusual for an organization with multi-million dollar revenues and assets.
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.
Red Flags
The following concerns were identified during AI analysis of Northwoods Iii Center Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, contradicting historical financial data.
- Extremely low reported expenses relative to revenue in prior years (e.g., $125,626 expenses on $1,172,422 revenue in 2015), suggesting minimal direct program activity or significant underreporting of operational costs.
- Consistent 0% officer compensation for an organization managing multi-million dollar finances, which could indicate a lack of transparency regarding management costs or a highly unusual operational model.
- NTEE code is unknown, making it difficult to categorize its mission and compare its financial performance to peers.
Strengths
The following positive indicators were identified for Northwoods Iii Center Inc:
- Historically, the organization has maintained a strong asset base, reaching over $30 million in 2016.
Frequently Asked Questions about Northwoods Iii Center Inc
Is Northwoods Iii Center Inc a legitimate charity?
Northwoods Iii Center Inc (EIN: 134236926) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 20/100. It has 6 years of IRS 990 filings on record. 4 red flags identified. 1 strength noted. Financial health grade: A.
How does Northwoods Iii Center Inc spend its money?
Northwoods Iii Center Inc reported its financials in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Northwoods Iii Center Inc tax-deductible?
Northwoods Iii Center Inc is registered as a tax-exempt nonprofit (EIN: 134236926). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northwoods Iii Center Inc located?
Northwoods Iii Center Inc is headquartered in Dallas, Texas and files with the IRS under EIN 134236926.
How many years of IRS 990 filings does Northwoods Iii Center Inc have?
Northwoods Iii Center Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Why does the latest filing show $0 revenue and assets, contradicting historical data?
The latest available data for Northwoods III Center Inc. indicates $0 in both revenue and assets, which is a significant departure from previous years where it reported millions in revenue (e.g., $2,704,582 in 2016) and tens of millions in assets (e.g., $30,198,844 in 2016). This discrepancy requires clarification to understand the organization's current financial status and operational continuity.
What is the primary purpose or program activity of Northwoods III Center Inc.?
Given the consistently low reported expenses relative to revenue and substantial assets, and the lack of detailed program spending, it is unclear what specific charitable programs Northwoods III Center Inc. directly operates. The financial profile suggests it may function more as a holding entity or a supporting organization for other entities.
How are the significant assets and liabilities managed, and for what ultimate charitable purpose?
The organization holds substantial assets (e.g., $30,198,844 in 2016) and liabilities (e.g., $12,509,406 in 2016). Without a clear breakdown of program expenses or a detailed mission statement, it's difficult to ascertain how these financial resources are being leveraged to achieve a charitable purpose.
Filing History
IRS 990 filing history for Northwoods Iii Center Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Northwoods Iii Center Inc's revenue has grown by 161.6%, moving from $1.0M to $2.7M. Total assets increased by 12.5% over the same period, from $26.8M to $30.2M. Total functional expenses rose by 1428.7%, from $126K to $1.9M. In its most recent filing year (2016), Northwoods Iii Center Inc reported a surplus of $772K, with revenue exceeding expenses. The organization holds $12.5M in liabilities against $30.2M in assets (debt-to-asset ratio: 41.4%), resulting in net assets of $17.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $2.7M | $1.9M | $30.2M | $12.5M | — | View 990 |
| 2015 | $1.2M | $126K | $29.5M | $12.9M | — | View 990 |
| 2014 | $1.2M | $127K | $29.0M | $13.2M | — | View 990 |
| 2013 | $945K | $117K | $27.2M | $12.2M | — | View 990 |
| 2012 | $1.0M | $124K | $26.9M | $11.6M | — | View 990 |
| 2011 | $1.0M | $126K | $26.8M | $11.6M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $2.7M, expenses of $1.9M, and assets of $30.2M (revenue +130.7% year-over-year).
- 2015: Revenue of $1.2M, expenses of $126K, and assets of $29.5M (revenue -1.6% year-over-year).
- 2014: Revenue of $1.2M, expenses of $127K, and assets of $29.0M (revenue +26.0% year-over-year).
- 2013: Revenue of $945K, expenses of $117K, and assets of $27.2M (revenue -6.2% year-over-year).
- 2012: Revenue of $1.0M, expenses of $124K, and assets of $26.9M (revenue -2.5% year-over-year).
- 2011: Revenue of $1.0M, expenses of $126K, and assets of $26.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northwoods Iii Center Inc:
Data Sources and Methodology
This transparency report for Northwoods Iii Center 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.