Wabash Economic Growth Alliance Inc
EIN: 862467108 · Attica, IN · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $414K |
| Total Expenses | $154K |
| Net Assets | $615K |
Is Wabash Economic Growth Alliance Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wabash Economic Growth Alliance Inc
Wabash Economic Growth Alliance Inc (EIN: 862467108) is a nonprofit organization based in Attica, IN, classified under NTEE code S30. The organization reported total revenue of $414K and total assets of $820K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wabash Economic Growth Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wabash Economic Growth Alliance Inc is a small nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 93.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $525K |
| Total Expenses | $154K |
| Surplus / Deficit | +$371K |
| Total Assets | $615K |
| Net Assets | $615K |
| Operating Margin | 70.6% |
| Months of Reserves | 47.8 months |
Financial Health Grade: A
In 2023, Wabash Economic Growth Alliance Inc reported a surplus of $371K with revenue exceeding expenses, holds 47.8 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Wabash Economic Growth Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 93.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +138.8% | +31.3% | +98.0% |
| 2022 | +57.3% | +188.6% | +213.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wabash Economic Growth Alliance 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 Wabash Economic Growth Alliance 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 $371K, with revenue exceeding expenses.
Frequently Asked Questions about Wabash Economic Growth Alliance Inc
Is Wabash Economic Growth Alliance Inc a legitimate charity?
Wabash Economic Growth Alliance Inc (EIN: 862467108) is a registered tax-exempt nonprofit based in Indiana. It has 3 years of IRS 990 filings on record. Total revenue: $414K. No red flags identified. Financial health grade: A.
How does Wabash Economic Growth Alliance Inc spend its money?
Wabash Economic Growth Alliance Inc reported $414K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wabash Economic Growth Alliance Inc tax-deductible?
Wabash Economic Growth Alliance Inc is registered as a tax-exempt nonprofit (EIN: 862467108). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wabash Economic Growth Alliance Inc located?
Wabash Economic Growth Alliance Inc is headquartered in Attica, Indiana and files with the IRS under EIN 862467108. It is classified under NTEE code S30.
How many years of IRS 990 filings does Wabash Economic Growth Alliance Inc have?
Wabash Economic Growth Alliance Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $414K in total revenue.
Filing History
IRS 990 filing history for Wabash Economic Growth Alliance Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Wabash Economic Growth Alliance Inc's revenue has grown by 275.6%, moving from $140K to $525K. Total assets increased by 520.2% over the same period, from $99K to $615K. Total functional expenses rose by 279.1%, from $41K to $154K. In its most recent filing year (2023), Wabash Economic Growth Alliance Inc reported a surplus of $371K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $525K | $154K | $615K | $0 | — | — |
| 2022 | $220K | $118K | $311K | $109K | — | — |
| 2021 | $140K | $41K | $99K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $525K, expenses of $154K, and assets of $615K (revenue +138.8% year-over-year).
- 2022: Revenue of $220K, expenses of $118K, and assets of $311K (revenue +57.3% year-over-year).
- 2021: Revenue of $140K, expenses of $41K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wabash Economic Growth Alliance Inc:
Data Sources and Methodology
This transparency report for Wabash Economic Growth Alliance 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.