W B N A Inc
W B N A Inc: Declining Revenue and Asset Base Raise Sustainability Concerns
EIN: 222600067 · Providence, RI · NTEE: S20 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $204K |
| Total Expenses | $195K |
| Program Spending | 75% |
| Net Assets | $628K |
| Transparency Score | 65/100 |
Is W B N A Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
W B N A Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About W B N A Inc
W B N A Inc (EIN: 222600067) is a nonprofit organization based in Providence, RI, classified under NTEE code S20. The organization reported total revenue of $204K and total assets of $769K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of W B N A Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
W B N A Inc is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $258K |
| Total Expenses | $195K |
| Surplus / Deficit | +$63K |
| Total Assets | $835K |
| Total Liabilities | $207K |
| Net Assets | $628K |
| Operating Margin | 24.5% |
| Debt-to-Asset Ratio | 24.8% |
| Months of Reserves | 51.5 months |
Financial Health Grade: A
In 2023, W B N A Inc reported a surplus of $63K with revenue exceeding expenses, holds 51.5 months of operating reserves (strong position), has a debt-to-asset ratio of 24.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), W B N A Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +78.5% | +13.3% | -18.1% |
| 2022 | +16.9% | +17.5% | -2.1% |
| 2021 | -37.3% | -29.9% | -2.5% |
| 2020 | +100.5% | +42.5% | -1.2% |
| 2019 | +1.4% | -1.3% | -6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates W B N A Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, W B N A Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $63K, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.8%.
Executive Compensation Analysis
Executive compensation cannot be assessed as specific figures are not provided in the available data.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of W B N A Inc's IRS 990 filings:
- Revenue has consistently declined from $232,093 in 2017 to $204,115 in 2023, indicating potential funding challenges.
- Total assets have significantly decreased from $1,288,470 in 2017 to $769,047 in 2023, suggesting a shrinking operational capacity.
- The organization consistently reports 0% fundraising costs, which may indicate underreporting or reliance on non-monetary fundraising methods not detailed.
- Expenses have often exceeded revenue in multiple years (e.g., 2022: revenue $144,258, expenses $171,699), leading to a depletion of assets.
Strengths
The following positive indicators were identified for W B N A Inc:
- The organization has maintained a consistent presence since at least 2016, indicating longevity.
- Despite financial challenges, the organization continues to operate and report filings annually.
Frequently Asked Questions about W B N A Inc
Is W B N A Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, W B N A Inc (EIN: 222600067) some concerns. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
How does W B N A Inc spend its money?
W B N A Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to W B N A Inc tax-deductible?
W B N A Inc is registered as a tax-exempt nonprofit (EIN: 222600067). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of W B N A Inc's spending goes to programs?
W B N A Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does W B N A Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), W B N A Inc is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is W B N A Inc located?
W B N A Inc is headquartered in Providence, Rhode Island and files with the IRS under EIN 222600067. It is classified under NTEE code S20.
How many years of IRS 990 filings does W B N A Inc have?
W B N A 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 $204K in total revenue.
What does W B N A Inc do?
W B N A Inc is a nonprofit organization in the Community Improvement sector, located in Providence, Rhode Island. It is classified under NTEE code S20.
How much revenue does W B N A Inc have?
W B N A Inc reported total revenue of $204,115. Based on 13 IRS 990 filings on record.
What are W B N A Inc's total assets?
W B N A Inc holds total assets of $769,047 as reported in IRS 990 filings.
Where is W B N A Inc located?
W B N A Inc is based in Providence, Rhode Island.
What is W B N A Inc's EIN?
W B N A Inc's Employer Identification Number (EIN) is 222600067. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is W B N A Inc?
W B N A Inc is classified under NTEE code S20 (Community Improvement).
Is W B N A Inc a registered 501(c)(3)?
Yes, W B N A Inc is recognized as a tax-exempt organization by the IRS. EIN: 222600067.
Does W B N A Inc file IRS Form 990?
Yes, W B N A Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was W B N A Inc's revenue in 2023?
In the 202312 filing period, W B N A Inc reported total revenue of $257,572, total expenses of $194,509, and net assets of $835,048.
Is W B N A Inc's revenue growing or declining?
W B N A Inc's revenue is growing. Revenue went from $144,258 (202212) to $257,572 (202312), a +78.5% change. Based on 13 filings on record.
What is W B N A Inc's most recent 990 filing?
The most recent IRS Form 990 filing for W B N A Inc covers tax period 202312. It shows revenue of $257,572, expenses of $194,509, total assets of $835,048, and liabilities of $207,120.
How much does W B N A Inc spend on programs vs administration?
Based on IRS 990 analysis, W B N A Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is W B N A Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, W B N A Inc shows mixed signals. Mission Score: 65/100 (Good). 4 red flags identified. 2 strengths noted.
What are the red flags for W B N A Inc?
The following concerns were identified: Revenue has consistently declined from $232,093 in 2017 to $204,115 in 2023, indicating potential funding challenges.. Total assets have significantly decreased from $1,288,470 in 2017 to $769,047 in 2023, suggesting a shrinking operational capacity.. The organization consistently reports 0% fundraising costs, which may indicate underreporting or reliance on non-monetary fundraising methods not detailed.. Expenses have often exceeded revenue in multiple years (e.g., 2022: revenue $144,258, expenses $171,699), leading to a depletion of assets.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are W B N A Inc's strengths?
Positive indicators for W B N A Inc include: The organization has maintained a consistent presence since at least 2016, indicating longevity.. Despite financial challenges, the organization continues to operate and report filings annually.. These findings are derived from AI analysis of the organization's financial filings.
How does W B N A Inc compensate executives?
Executive compensation cannot be assessed as specific figures are not provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is W B N A Inc?
• Financial filings are publicly available on the IRS website. • No specific transparency report or detailed program breakdowns are readily accessible. • Compensation details for key personnel are not explicitly disclosed in the provided data. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What specific programs does W B N A Inc. operate, and how do they align with its mission, given the lack of detailed program spending?
The provided data does not offer specific program details or a breakdown of program spending beyond a general 'expenses' figure, making it difficult to assess alignment with mission.
How does W B N A Inc. manage to operate with consistently declining revenue and assets, and what is their long-term sustainability strategy?
The data suggests the organization is drawing down its asset base to cover expenses. A long-term sustainability strategy is not evident from the provided financial snapshots.
Filing History
IRS 990 filing history for W B N A Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), W B N A Inc's revenue has grown by 36.1%, moving from $189K to $258K. Total assets increased by 0.4% over the same period, from $832K to $835K. Total functional expenses rose by 25.8%, from $155K to $195K. In its most recent filing year (2023), W B N A Inc reported a surplus of $63K, with revenue exceeding expenses. The organization holds $207K in liabilities against $835K in assets (debt-to-asset ratio: 24.8%), resulting in net assets of $628K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $258K | $195K | $835K | $207K | — | — |
| 2022 | $144K | $172K | $1.0M | $197K | — | — |
| 2021 | $123K | $146K | $1.0M | $169K | — | View 990 |
| 2020 | $197K | $209K | $1.1M | $171K | — | View 990 |
| 2019 | $98K | $146K | $1.1M | $172K | — | View 990 |
| 2018 | $97K | $148K | $1.2M | $200K | — | View 990 |
| 2017 | $232K | $254K | $1.3M | $280K | — | View 990 |
| 2016 | $141K | $147K | $1.3M | $292K | — | View 990 |
| 2015 | $139K | $149K | $1.4M | $317K | — | View 990 |
| 2014 | $157K | $174K | $1.4M | $323K | — | View 990 |
| 2013 | $102K | $169K | $1.4M | $323K | — | View 990 |
| 2012 | $683K | $202K | $1.5M | $330K | — | View 990 |
| 2011 | $189K | $155K | $832K | $183K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $258K, expenses of $195K, and assets of $835K (revenue +78.5% year-over-year).
- 2022: Revenue of $144K, expenses of $172K, and assets of $1.0M (revenue +16.9% year-over-year).
- 2021: Revenue of $123K, expenses of $146K, and assets of $1.0M (revenue -37.3% year-over-year).
- 2020: Revenue of $197K, expenses of $209K, and assets of $1.1M (revenue +100.5% year-over-year).
- 2019: Revenue of $98K, expenses of $146K, and assets of $1.1M (revenue +1.4% year-over-year).
- 2018: Revenue of $97K, expenses of $148K, and assets of $1.2M (revenue -58.3% year-over-year).
- 2017: Revenue of $232K, expenses of $254K, and assets of $1.3M (revenue +64.7% year-over-year).
- 2016: Revenue of $141K, expenses of $147K, and assets of $1.3M (revenue +1.2% year-over-year).
- 2015: Revenue of $139K, expenses of $149K, and assets of $1.4M (revenue -11.3% year-over-year).
- 2014: Revenue of $157K, expenses of $174K, and assets of $1.4M (revenue +54.0% year-over-year).
- 2013: Revenue of $102K, expenses of $169K, and assets of $1.4M (revenue -85.1% year-over-year).
- 2012: Revenue of $683K, expenses of $202K, and assets of $1.5M (revenue +261.0% year-over-year).
- 2011: Revenue of $189K, expenses of $155K, and assets of $832K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for W B N A Inc:
Data Sources and Methodology
This transparency report for W B N A 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.