Village Of St Edward At Wadsworth
EIN: 341966045 · Wadsworth, OH · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $7.7M |
| Total Expenses | $8.2M |
| Net Assets | $-8,103,920 |
Is Village Of St Edward At Wadsworth Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Village Of St Edward At Wadsworth
Village Of St Edward At Wadsworth (EIN: 341966045) is a nonprofit organization based in Wadsworth, OH, classified under NTEE code L22. The organization reported total revenue of $7.7M and total assets of $25.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Village Of St Edward At Wadsworth's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Village Of St Edward At Wadsworth is a mid-size nonprofit that has been operating for 25 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 17.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.1M |
| Total Expenses | $8.2M |
| Surplus / Deficit | $-2,112,273 |
| Total Assets | $26.4M |
| Total Liabilities | $34.5M |
| Net Assets | $-8,103,920 |
| Operating Margin | -34.8% |
| Debt-to-Asset Ratio | 130.7% |
| Months of Reserves | 38.7 months |
Financial Health Grade: C
In 2023, Village Of St Edward At Wadsworth reported a deficit of $2.1M with expenses exceeding revenue, holds 38.7 months of operating reserves (strong position), has a debt-to-asset ratio of 130.7% (high leverage).
Financial Trends
Over 8 years of filings (2016–2023), Village Of St Edward At Wadsworth's revenue has grown at a compound annual growth rate (CAGR) of 17.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.2% | +4.3% | -5.8% |
| 2022 | +25.6% | +7.9% | +-0.0% |
| 2021 | +4.0% | +5.3% | -3.4% |
| 2020 | +131.1% | +8.4% | -4.1% |
| 2019 | +1976379.2% | +536.9% | +839.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Village Of St Edward At Wadsworth 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 Village Of St Edward At Wadsworth 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 $2.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 130.7%.
Frequently Asked Questions about Village Of St Edward At Wadsworth
Is Village Of St Edward At Wadsworth a legitimate charity?
Based on AI analysis of IRS 990 filings, Village Of St Edward At Wadsworth (EIN: 341966045) insufficient data. 0 red flags identified, 0 strengths noted.
How does Village Of St Edward At Wadsworth spend its money?
Detailed spending breakdown data is not yet available for Village Of St Edward At Wadsworth. Check back for updated IRS 990 analysis.
Are donations to Village Of St Edward At Wadsworth tax-deductible?
Village Of St Edward At Wadsworth is registered as a tax-exempt nonprofit (EIN: 341966045). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Village Of St Edward At Wadsworth located?
Village Of St Edward At Wadsworth is headquartered in Wadsworth, Ohio and files with the IRS under EIN 341966045. It is classified under NTEE code L22.
How many years of IRS 990 filings does Village Of St Edward At Wadsworth have?
Village Of St Edward At Wadsworth has 8 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 $7.7M in total revenue.
Filing History
IRS 990 filing history for Village Of St Edward At Wadsworth showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Village Of St Edward At Wadsworth's revenue has grown by 203.6%, moving from $2.0M to $6.1M. Total assets increased by 702.9% over the same period, from $3.3M to $26.4M. Total functional expenses rose by 18085.1%, from $45K to $8.2M. In its most recent filing year (2023), Village Of St Edward At Wadsworth reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $34.5M in liabilities against $26.4M in assets (debt-to-asset ratio: 130.7%), resulting in net assets of $-8,103,920.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.1M | $8.2M | $26.4M | $34.5M | — | — |
| 2022 | $7.2M | $7.8M | $28.0M | $34.0M | — | View 990 |
| 2021 | $5.7M | $7.3M | $28.0M | $33.3M | — | View 990 |
| 2020 | $5.5M | $6.9M | $29.0M | $32.7M | — | — |
| 2019 | $2.4M | $6.4M | $30.2M | $32.5M | — | View 990 |
| 2018 | $120 | $1.0M | $3.2M | $1.5M | — | View 990 |
| 2017 | $0 | $525K | $2.8M | $146K | — | — |
| 2016 | $2.0M | $45K | $3.3M | $69K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.1M, expenses of $8.2M, and assets of $26.4M (revenue -15.2% year-over-year).
- 2022: Revenue of $7.2M, expenses of $7.8M, and assets of $28.0M (revenue +25.6% year-over-year).
- 2021: Revenue of $5.7M, expenses of $7.3M, and assets of $28.0M (revenue +4.0% year-over-year).
- 2020: Revenue of $5.5M, expenses of $6.9M, and assets of $29.0M (revenue +131.1% year-over-year).
- 2019: Revenue of $2.4M, expenses of $6.4M, and assets of $30.2M (revenue +1976379.2% year-over-year).
- 2018: Revenue of $120, expenses of $1.0M, and assets of $3.2M.
- 2017: Revenue of $0, expenses of $525K, and assets of $2.8M (revenue -100.0% year-over-year).
- 2016: Revenue of $2.0M, expenses of $45K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Village Of St Edward At Wadsworth:
Data Sources and Methodology
This transparency report for Village Of St Edward At Wadsworth 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.