Powwer
EIN: 262048715 · Cedar Falls, IA · NTEE: B94
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $51K |
| Net Assets | $82K |
Is Powwer Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Powwer
Powwer (EIN: 262048715) is a nonprofit organization based in Cedar Falls, IA, classified under NTEE code B94. The organization reported total revenue of $60K and total assets of $91K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Powwer's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Powwer is a micro nonprofit that has been operating for 16 years, with 2 years of IRS 990 filings on record (2023–2024). Revenue has grown at a compound annual rate of -14.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $51K |
| Surplus / Deficit | $-709 |
| Total Assets | $82K |
| Net Assets | $82K |
| Operating Margin | -1.4% |
| Months of Reserves | 19.4 months |
Financial Health Grade: B
In 2024, Powwer reported a deficit of $709 with expenses exceeding revenue, holds 19.4 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2023–2024), Powwer's revenue has declined at a compound annual growth rate (CAGR) of -14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -14.3% | +32.3% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Powwer 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 Powwer 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $709, with expenses exceeding revenue.
Frequently Asked Questions about Powwer
Is Powwer a legitimate charity?
Based on AI analysis of IRS 990 filings, Powwer (EIN: 262048715) insufficient data. 0 red flags identified, 0 strengths noted.
How does Powwer spend its money?
Detailed spending breakdown data is not yet available for Powwer. Check back for updated IRS 990 analysis.
Are donations to Powwer tax-deductible?
Powwer is registered as a tax-exempt nonprofit (EIN: 262048715). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Powwer located?
Powwer is headquartered in Cedar Falls, Iowa and files with the IRS under EIN 262048715. It is classified under NTEE code B94.
How many years of IRS 990 filings does Powwer have?
Powwer has 2 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 $60K in total revenue.
Filing History
IRS 990 filing history for Powwer showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), Powwer's revenue has declined by 14.3%, moving from $59K to $50K. Total assets decreased by 0.9% over the same period, from $83K to $82K. Total functional expenses rose by 32.3%, from $39K to $51K. In its most recent filing year (2024), Powwer reported a deficit of $709, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $50K | $51K | $82K | $0 | — | — |
| 2023 | $59K | $39K | $83K | $447 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Powwer:
Data Sources and Methodology
This transparency report for Powwer 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.