Wabash River Development &Beautification Inc
Wabash River Development & Beautification Inc shows strong financial growth and zero officer compensation.
EIN: 205391215 · Terre Haute, IN · NTEE: C50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $224K |
| Total Expenses | $59K |
| Program Spending | 90% |
| Net Assets | $274K |
| Transparency Score | 92/100 |
Is Wabash River Development &Beautification Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wabash River Development &Beautification Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wabash River Development &Beautification Inc
Wabash River Development &Beautification Inc (EIN: 205391215) is a nonprofit organization based in Terre Haute, IN, classified under NTEE code C50. The organization reported total revenue of $224K and total assets of $257K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wabash River Development &Beautification Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wabash River Development &Beautification Inc is a small nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $156K |
| Total Expenses | $59K |
| Surplus / Deficit | +$97K |
| Total Assets | $274K |
| Net Assets | $274K |
| Operating Margin | 62.2% |
| Months of Reserves | 55.8 months |
Financial Health Grade: A
In 2023, Wabash River Development &Beautification Inc reported a surplus of $97K with revenue exceeding expenses, holds 55.8 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Wabash River Development &Beautification Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.3% | +55.3% | +54.7% |
| 2022 | +89.4% | -9.5% | +121.7% |
| 2021 | +140.4% | -53.9% | +58.4% |
| 2020 | +10.7% | +1028.9% | -54.8% |
| 2019 | -63.2% | -66.4% | +20.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
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 Wabash River Development &Beautification Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Wabash River Development &Beautification Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $97K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is not drawing a salary, which is highly favorable for donor perception and resource allocation.
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.
Strengths
The following positive indicators were identified for Wabash River Development &Beautification Inc:
- Consistent revenue growth, from $29,653 in 2020 to $155,695 in 2023.
- Significant asset accumulation, reaching $273,756 in 2023 with no liabilities.
- 0% officer compensation reported across all filings, indicating efficient use of funds.
- Expenses consistently well below revenue in recent years, demonstrating strong financial management (e.g., 2023 expenses $58,885 vs. revenue $155,695).
- Strong financial stability with zero reported liabilities over the entire filing history.
Frequently Asked Questions about Wabash River Development &Beautification Inc
Is Wabash River Development &Beautification Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wabash River Development &Beautification Inc (EIN: 205391215) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Wabash River Development &Beautification Inc spend its money?
Wabash River Development &Beautification Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wabash River Development &Beautification Inc tax-deductible?
Wabash River Development &Beautification Inc is registered as a tax-exempt nonprofit (EIN: 205391215). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wabash River Development &Beautification Inc's spending goes to programs?
Wabash River Development &Beautification Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wabash River Development &Beautification Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Wabash River Development &Beautification Inc is above average for NTEE category C50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wabash River Development &Beautification Inc located?
Wabash River Development &Beautification Inc is headquartered in Terre Haute, Indiana and files with the IRS under EIN 205391215. It is classified under NTEE code C50.
How many years of IRS 990 filings does Wabash River Development &Beautification Inc have?
Wabash River Development &Beautification Inc has 10 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 $224K in total revenue.
Is Wabash River Development & Beautification Inc a good charity?
Based on the provided financial data, Wabash River Development & Beautification Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, significant asset accumulation with no liabilities, and a commitment to not paying officer compensation, suggesting a high dedication to its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved, especially from 2020 onwards. Revenue has grown from $29,653 in 2020 to $155,695 in 2023, and assets have increased from $50,393 to $273,756 in the same period, indicating robust growth and stability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that its leadership is not compensated through traditional officer salaries, which is a strong positive for resource allocation directly to its mission.
Filing History
IRS 990 filing history for Wabash River Development &Beautification Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Wabash River Development &Beautification Inc's revenue has grown by 180.8%, moving from $55K to $156K. Total assets increased by 76.9% over the same period, from $155K to $274K. Total functional expenses rose by 1027.2%, from $5K to $59K. In its most recent filing year (2023), Wabash River Development &Beautification Inc reported a surplus of $97K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $156K | $59K | $274K | $0 | — | — |
| 2022 | $135K | $38K | $177K | $0 | — | View 990 |
| 2021 | $71K | $42K | $80K | $0 | — | View 990 |
| 2020 | $30K | $91K | $50K | $0 | — | — |
| 2019 | $27K | $8K | $112K | $0 | — | View 990 |
| 2018 | $73K | $24K | $93K | $0 | — | View 990 |
| 2017 | $31K | $175K | $44K | $0 | — | View 990 |
| 2016 | $77K | $12K | $189K | $0 | — | View 990 |
| 2015 | $52K | $84K | $123K | $0 | — | View 990 |
| 2014 | $55K | $5K | $155K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $156K, expenses of $59K, and assets of $274K (revenue +15.3% year-over-year).
- 2022: Revenue of $135K, expenses of $38K, and assets of $177K (revenue +89.4% year-over-year).
- 2021: Revenue of $71K, expenses of $42K, and assets of $80K (revenue +140.4% year-over-year).
- 2020: Revenue of $30K, expenses of $91K, and assets of $50K (revenue +10.7% year-over-year).
- 2019: Revenue of $27K, expenses of $8K, and assets of $112K (revenue -63.2% year-over-year).
- 2018: Revenue of $73K, expenses of $24K, and assets of $93K (revenue +137.9% year-over-year).
- 2017: Revenue of $31K, expenses of $175K, and assets of $44K (revenue -60.5% year-over-year).
- 2016: Revenue of $77K, expenses of $12K, and assets of $189K (revenue +47.7% year-over-year).
- 2015: Revenue of $52K, expenses of $84K, and assets of $123K (revenue -5.5% year-over-year).
- 2014: Revenue of $55K, expenses of $5K, and assets of $155K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wabash River Development &Beautification Inc:
Data Sources and Methodology
This transparency report for Wabash River Development &Beautification 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.