The Potters Wheel Inc
EIN: 743105998 · Evansville, IN · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $712K |
| Net Assets | $601K |
Is The Potters Wheel Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Potters Wheel Inc
The Potters Wheel Inc (EIN: 743105998) is a nonprofit organization based in Evansville, IN, classified under NTEE code X20. The organization reported total revenue of $1.1M and total assets of $856K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Potters Wheel Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Potters Wheel Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $828K |
| Total Expenses | $712K |
| Surplus / Deficit | +$117K |
| Total Assets | $810K |
| Total Liabilities | $208K |
| Net Assets | $601K |
| Operating Margin | 14.1% |
| Debt-to-Asset Ratio | 25.7% |
| Months of Reserves | 13.7 months |
Financial Health Grade: A
In 2023, The Potters Wheel Inc reported a surplus of $117K with revenue exceeding expenses, holds 13.7 months of operating reserves (strong position), has a debt-to-asset ratio of 25.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Potters Wheel Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.4% | +8.7% | +13.1% |
| 2022 | +28.2% | +50.9% | +0.9% |
| 2021 | +34.2% | +21.8% | +13.5% |
| 2020 | +27.1% | +57.6% | +1.1% |
| 2019 | +17.0% | +9.2% | +7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Potters Wheel Inc 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 The Potters Wheel Inc 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 surplus of $117K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.7%.
Frequently Asked Questions about The Potters Wheel Inc
Is The Potters Wheel Inc a legitimate charity?
The Potters Wheel Inc (EIN: 743105998) is a registered tax-exempt nonprofit based in Indiana. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: A.
How does The Potters Wheel Inc spend its money?
The Potters Wheel Inc reported $1.1M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Potters Wheel Inc tax-deductible?
The Potters Wheel Inc is registered as a tax-exempt nonprofit (EIN: 743105998). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Potters Wheel Inc located?
The Potters Wheel Inc is headquartered in Evansville, Indiana and files with the IRS under EIN 743105998. It is classified under NTEE code X20.
How many years of IRS 990 filings does The Potters Wheel Inc have?
The Potters Wheel Inc has 13 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for The Potters Wheel Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Potters Wheel Inc's revenue has grown by 97.1%, moving from $420K to $828K. Total assets increased by 36.6% over the same period, from $593K to $810K. Total functional expenses rose by 65.8%, from $429K to $712K. In its most recent filing year (2023), The Potters Wheel Inc reported a surplus of $117K, with revenue exceeding expenses. The organization holds $208K in liabilities against $810K in assets (debt-to-asset ratio: 25.7%), resulting in net assets of $601K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $828K | $712K | $810K | $208K | — | View 990 |
| 2022 | $586K | $655K | $716K | $231K | — | View 990 |
| 2021 | $457K | $434K | $710K | $91K | — | View 990 |
| 2020 | $340K | $356K | $625K | $29K | — | View 990 |
| 2019 | $268K | $226K | $618K | $7K | — | View 990 |
| 2018 | $229K | $207K | $573K | $3K | — | View 990 |
| 2017 | $298K | $351K | $552K | $5K | — | View 990 |
| 2016 | $351K | $398K | $601K | $14K | — | View 990 |
| 2015 | $458K | $427K | $635K | $3K | — | View 990 |
| 2014 | $445K | $489K | $602K | $0 | — | View 990 |
| 2013 | $496K | $438K | $649K | $3K | — | View 990 |
| 2012 | $417K | $422K | $588K | $0 | — | View 990 |
| 2011 | $420K | $429K | $593K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $828K, expenses of $712K, and assets of $810K (revenue +41.4% year-over-year).
- 2022: Revenue of $586K, expenses of $655K, and assets of $716K (revenue +28.2% year-over-year).
- 2021: Revenue of $457K, expenses of $434K, and assets of $710K (revenue +34.2% year-over-year).
- 2020: Revenue of $340K, expenses of $356K, and assets of $625K (revenue +27.1% year-over-year).
- 2019: Revenue of $268K, expenses of $226K, and assets of $618K (revenue +17.0% year-over-year).
- 2018: Revenue of $229K, expenses of $207K, and assets of $573K (revenue -23.2% year-over-year).
- 2017: Revenue of $298K, expenses of $351K, and assets of $552K (revenue -15.1% year-over-year).
- 2016: Revenue of $351K, expenses of $398K, and assets of $601K (revenue -23.3% year-over-year).
- 2015: Revenue of $458K, expenses of $427K, and assets of $635K (revenue +2.9% year-over-year).
- 2014: Revenue of $445K, expenses of $489K, and assets of $602K (revenue -10.3% year-over-year).
- 2013: Revenue of $496K, expenses of $438K, and assets of $649K (revenue +18.9% year-over-year).
- 2012: Revenue of $417K, expenses of $422K, and assets of $588K (revenue -0.7% year-over-year).
- 2011: Revenue of $420K, expenses of $429K, and assets of $593K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Potters Wheel Inc:
Data Sources and Methodology
This transparency report for The Potters Wheel 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.