Ronald J Woods Charitable Tr Ua 022697
EIN: 656252291 · N Palm Beach, FL · NTEE: T90Z
Is Ronald J Woods Charitable Tr Ua 022697 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ronald J Woods Charitable Tr Ua 022697
Ronald J Woods Charitable Tr Ua 022697 (EIN: 656252291) is a nonprofit organization based in N Palm Beach, FL, classified under NTEE code T90Z. The organization reported total revenue of $9.5M and total assets of $26.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ronald J Woods Charitable Tr Ua 022697's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ronald J Woods Charitable Tr Ua 022697 is a mid-size nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 52.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $812K |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-1,416,083 |
| Total Assets | $24.7M |
| Total Liabilities | $5K |
| Net Assets | $24.7M |
| Operating Margin | -174.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 133.1 months |
Financial Health Grade: B
In 2023, Ronald J Woods Charitable Tr Ua 022697 reported a deficit of $1.4M with expenses exceeding revenue, holds 133.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ronald J Woods Charitable Tr Ua 022697's revenue has grown at a compound annual growth rate (CAGR) of 52.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.2% | +27.6% | -4.8% |
| 2022 | -50.0% | -1.6% | -3.8% |
| 2021 | +91.4% | -0.3% | -1.0% |
| 2020 | -18.6% | +3.7% | -3.9% |
| 2019 | +18.6% | +108.8% | +1004083.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ronald J Woods Charitable Tr Ua 022697 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 Ronald J Woods Charitable Tr Ua 022697 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Ronald J Woods Charitable Tr Ua 022697
Is Ronald J Woods Charitable Tr Ua 022697 a legitimate charity?
Based on AI analysis of IRS 990 filings, Ronald J Woods Charitable Tr Ua 022697 (EIN: 656252291) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ronald J Woods Charitable Tr Ua 022697 spend its money?
Detailed spending breakdown data is not yet available for Ronald J Woods Charitable Tr Ua 022697. Check back for updated IRS 990 analysis.
Are donations to Ronald J Woods Charitable Tr Ua 022697 tax-deductible?
Ronald J Woods Charitable Tr Ua 022697 is registered as a tax-exempt nonprofit (EIN: 656252291). 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 Ronald J Woods Charitable Tr Ua 022697 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ronald J Woods Charitable Tr Ua 022697's revenue has grown by 16123.7%, moving from $5K to $812K. Total assets increased by 475659.7% over the same period, from $5K to $24.7M. Total functional expenses rose by 92729.9%, from $2K to $2.2M. In its most recent filing year (2023), Ronald J Woods Charitable Tr Ua 022697 reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $5K in liabilities against $24.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $24.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $812K | $2.2M | $24.7M | $5K | — | — |
| 2022 | $623K | $1.7M | $26.0M | $4K | — | View 990 |
| 2021 | $1.2M | $1.8M | $27.0M | $27K | — | View 990 |
| 2020 | $652K | $1.8M | $27.2M | $22K | — | — |
| 2019 | $801K | $1.7M | $28.3M | $19K | — | View 990 |
| 2015 | $675K | $821K | $3K | $1 | — | View 990 |
| 2014 | $794K | $640K | $154K | $1 | — | View 990 |
| 2013 | $33K | $35K | $2K | $1 | — | View 990 |
| 2012 | $3K | $3K | $5K | $0 | — | View 990 |
| 2011 | $5K | $2K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $812K, expenses of $2.2M, and assets of $24.7M (revenue +30.2% year-over-year).
- 2022: Revenue of $623K, expenses of $1.7M, and assets of $26.0M (revenue -50.0% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.8M, and assets of $27.0M (revenue +91.4% year-over-year).
- 2020: Revenue of $652K, expenses of $1.8M, and assets of $27.2M (revenue -18.6% year-over-year).
- 2019: Revenue of $801K, expenses of $1.7M, and assets of $28.3M (revenue +18.6% year-over-year).
- 2015: Revenue of $675K, expenses of $821K, and assets of $3K (revenue -15.0% year-over-year).
- 2014: Revenue of $794K, expenses of $640K, and assets of $154K (revenue +2337.4% year-over-year).
- 2013: Revenue of $33K, expenses of $35K, and assets of $2K (revenue +985.1% year-over-year).
- 2012: Revenue of $3K, expenses of $3K, and assets of $5K (revenue -40.0% year-over-year).
- 2011: Revenue of $5K, expenses of $2K, and assets of $5K.
Data Sources and Methodology
This transparency report for Ronald J Woods Charitable Tr Ua 022697 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.