Spokane Waldorf Education Association
EIN: 451488860 · Spokane, WA · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $932K |
| Total Expenses | $824K |
| Net Assets | $90K |
Is Spokane Waldorf Education Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Spokane Waldorf Education Association
Spokane Waldorf Education Association (EIN: 451488860) is a nonprofit organization based in Spokane, WA, classified under NTEE code B20. The organization reported total revenue of $932K and total assets of $273K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spokane Waldorf Education Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spokane Waldorf Education Association is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 24.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $747K |
| Total Expenses | $824K |
| Surplus / Deficit | $-76,829 |
| Total Assets | $196K |
| Total Liabilities | $106K |
| Net Assets | $90K |
| Operating Margin | -10.3% |
| Debt-to-Asset Ratio | 54.1% |
| Months of Reserves | 2.9 months |
Financial Health Grade: D
In 2023, Spokane Waldorf Education Association reported a deficit of $77K with expenses exceeding revenue, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 54.1% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Spokane Waldorf Education Association's revenue has grown at a compound annual growth rate (CAGR) of 24.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.3% | +18.4% | -26.6% |
| 2022 | +63.8% | +49.6% | +25.8% |
| 2021 | -28.4% | -23.5% | +52.5% |
| 2020 | +16.1% | +24.6% | +17.6% |
| 2019 | +16.7% | +1.4% | +80.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Spokane Waldorf Education Association 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 Spokane Waldorf Education Association 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 $77K, with expenses exceeding revenue.
- Debt-to-asset ratio: 54.1%.
Frequently Asked Questions about Spokane Waldorf Education Association
Is Spokane Waldorf Education Association a legitimate charity?
Spokane Waldorf Education Association (EIN: 451488860) is a registered tax-exempt nonprofit based in Washington. It has 12 years of IRS 990 filings on record. Total revenue: $932K. No red flags identified. Financial health grade: D.
How does Spokane Waldorf Education Association spend its money?
Spokane Waldorf Education Association reported $932K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Spokane Waldorf Education Association tax-deductible?
Spokane Waldorf Education Association is registered as a tax-exempt nonprofit (EIN: 451488860). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Spokane Waldorf Education Association located?
Spokane Waldorf Education Association is headquartered in Spokane, Washington and files with the IRS under EIN 451488860. It is classified under NTEE code B20.
How many years of IRS 990 filings does Spokane Waldorf Education Association have?
Spokane Waldorf Education Association has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $932K in total revenue.
Filing History
IRS 990 filing history for Spokane Waldorf Education Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Spokane Waldorf Education Association's revenue has grown by 1051.9%, moving from $65K to $747K. Total assets increased by 759.2% over the same period, from $23K to $196K. Total functional expenses rose by 1842.1%, from $42K to $824K. In its most recent filing year (2023), Spokane Waldorf Education Association reported a deficit of $77K, with expenses exceeding revenue. The organization holds $106K in liabilities against $196K in assets (debt-to-asset ratio: 54.1%), resulting in net assets of $90K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $747K | $824K | $196K | $106K | — | View 990 |
| 2022 | $737K | $695K | $267K | $100K | — | View 990 |
| 2021 | $450K | $465K | $212K | $87K | — | View 990 |
| 2020 | $628K | $607K | $139K | $-860 | — | View 990 |
| 2019 | $541K | $487K | $118K | $-932 | — | View 990 |
| 2018 | $464K | $481K | $65K | $35 | — | View 990 |
| 2017 | $474K | $453K | $86K | $4K | — | View 990 |
| 2016 | $419K | $384K | $73K | $12K | — | View 990 |
| 2015 | $256K | $253K | $28K | $2K | — | View 990 |
| 2014 | $193K | $205K | $22K | $0 | — | View 990 |
| 2013 | $91K | $79K | $34K | $0 | — | View 990 |
| 2012 | $65K | $42K | $23K | $371 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $747K, expenses of $824K, and assets of $196K (revenue +1.3% year-over-year).
- 2022: Revenue of $737K, expenses of $695K, and assets of $267K (revenue +63.8% year-over-year).
- 2021: Revenue of $450K, expenses of $465K, and assets of $212K (revenue -28.4% year-over-year).
- 2020: Revenue of $628K, expenses of $607K, and assets of $139K (revenue +16.1% year-over-year).
- 2019: Revenue of $541K, expenses of $487K, and assets of $118K (revenue +16.7% year-over-year).
- 2018: Revenue of $464K, expenses of $481K, and assets of $65K (revenue -2.2% year-over-year).
- 2017: Revenue of $474K, expenses of $453K, and assets of $86K (revenue +13.3% year-over-year).
- 2016: Revenue of $419K, expenses of $384K, and assets of $73K (revenue +63.7% year-over-year).
- 2015: Revenue of $256K, expenses of $253K, and assets of $28K (revenue +32.3% year-over-year).
- 2014: Revenue of $193K, expenses of $205K, and assets of $22K (revenue +111.7% year-over-year).
- 2013: Revenue of $91K, expenses of $79K, and assets of $34K (revenue +40.9% year-over-year).
- 2012: Revenue of $65K, expenses of $42K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spokane Waldorf Education Association:
Data Sources and Methodology
This transparency report for Spokane Waldorf Education Association 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.