Putnam Regional Organization For Technical And Economic Development
EIN: 550725294 · Hurricane, WV
Is Putnam Regional Organization For Technical And Economic Development Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Putnam Regional Organization For Technical And Economic Development
Putnam Regional Organization For Technical And Economic Development (EIN: 550725294) is a nonprofit organization based in Hurricane, WV. The organization reported total revenue of $71K and total assets of $48K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Putnam Regional Organization For Technical And Economic Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Putnam Regional Organization For Technical And Economic Development 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 Putnam Regional Organization For Technical And Economic Development 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.
Frequently Asked Questions about Putnam Regional Organization For Technical And Economic Development
Is Putnam Regional Organization For Technical And Economic Development a legitimate charity?
Based on AI analysis of IRS 990 filings, Putnam Regional Organization For Technical And Economic Development (EIN: 550725294) insufficient data. 0 red flags identified, 0 strengths noted.
How does Putnam Regional Organization For Technical And Economic Development spend its money?
Detailed spending breakdown data is not yet available for Putnam Regional Organization For Technical And Economic Development. Check back for updated IRS 990 analysis.
Are donations to Putnam Regional Organization For Technical And Economic Development tax-deductible?
Putnam Regional Organization For Technical And Economic Development is registered as a tax-exempt nonprofit (EIN: 550725294). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Putnam Regional Organization For Technical And Economic Development showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Putnam Regional Organization For Technical And Economic Development's revenue has declined by 77.8%, moving from $47K to $11K. Total assets decreased by 45.1% over the same period, from $85K to $47K. Total functional expenses fell by 69%, from $48K to $15K. In its most recent filing year (2022), Putnam Regional Organization For Technical And Economic Development reported a deficit of $4K, with expenses exceeding revenue. The organization holds $400 in liabilities against $47K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $46K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $11K | $15K | $47K | $400 | — | View 990 |
| 2021 | $1K | $21K | $51K | $447 | — | — |
| 2020 | $20K | $20K | $71K | $447 | — | View 990 |
| 2019 | $6K | $24K | $71K | $507 | — | View 990 |
| 2018 | $22K | $29K | $89K | $745 | — | View 990 |
| 2017 | $35K | $45K | $99K | $3K | — | — |
| 2016 | $38K | $33K | $107K | $2K | — | View 990 |
| 2015 | $43K | $32K | $100K | $475 | — | View 990 |
| 2014 | $40K | $34K | $90K | $2K | — | View 990 |
| 2013 | $54K | $43K | $102K | $20K | — | View 990 |
| 2012 | $55K | $62K | $83K | $12K | — | View 990 |
| 2011 | $47K | $48K | $85K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $11K, expenses of $15K, and assets of $47K (revenue +940.4% year-over-year).
- 2021: Revenue of $1K, expenses of $21K, and assets of $51K (revenue -94.9% year-over-year).
- 2020: Revenue of $20K, expenses of $20K, and assets of $71K (revenue +208.5% year-over-year).
- 2019: Revenue of $6K, expenses of $24K, and assets of $71K (revenue -71.3% year-over-year).
- 2018: Revenue of $22K, expenses of $29K, and assets of $89K (revenue -37.2% year-over-year).
- 2017: Revenue of $35K, expenses of $45K, and assets of $99K (revenue -8.1% year-over-year).
- 2016: Revenue of $38K, expenses of $33K, and assets of $107K (revenue -11.0% year-over-year).
- 2015: Revenue of $43K, expenses of $32K, and assets of $100K (revenue +7.1% year-over-year).
- 2014: Revenue of $40K, expenses of $34K, and assets of $90K (revenue -24.6% year-over-year).
- 2013: Revenue of $54K, expenses of $43K, and assets of $102K (revenue -2.4% year-over-year).
- 2012: Revenue of $55K, expenses of $62K, and assets of $83K (revenue +15.8% year-over-year).
- 2011: Revenue of $47K, expenses of $48K, and assets of $85K.
Data Sources and Methodology
This transparency report for Putnam Regional Organization For Technical And Economic Development 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.