Wacap World Association For Children And Parents
EIN: 910962079 · Seattle, WA
| Metric | Value |
|---|---|
| Total Expenses | $3.2M |
| Net Assets | $513K |
Is Wacap World Association For Children And Parents Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wacap World Association For Children And Parents
Wacap World Association For Children And Parents (EIN: 910962079) is a nonprofit organization based in Seattle, WA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wacap World Association For Children And Parents's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wacap World Association For Children And Parents is a mid-size nonprofit, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -4.5%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $3.2M |
| Surplus / Deficit | $-229,538 |
| Total Assets | $1.5M |
| Total Liabilities | $1.0M |
| Net Assets | $513K |
| Operating Margin | -7.8% |
| Debt-to-Asset Ratio | 66.3% |
| Months of Reserves | 5.7 months |
Financial Health Grade: C
In 2018, Wacap World Association For Children And Parents reported a deficit of $230K with expenses exceeding revenue, holds 5.7 months of operating reserves (adequate), has a debt-to-asset ratio of 66.3% (high leverage).
Financial Trends
Over 8 years of filings (2011–2018), Wacap World Association For Children And Parents's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +0.9% | -2.7% | -13.9% |
| 2017 | -0.9% | -5.8% | -13.9% |
| 2016 | -2.1% | -1.6% | -25.1% |
| 2015 | -10.0% | +4.9% | -17.4% |
| 2014 | +6.1% | -6.3% | +8.8% |
AI Analysis Pending
AI enrichment for Wacap World Association For Children And Parents 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 Wacap World Association For Children And Parents 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $230K, with expenses exceeding revenue.
- Debt-to-asset ratio: 66.3%.
Frequently Asked Questions about Wacap World Association For Children And Parents
Is Wacap World Association For Children And Parents a legitimate charity?
Wacap World Association For Children And Parents (EIN: 910962079) is a registered tax-exempt nonprofit based in Washington. It has 8 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Wacap World Association For Children And Parents spend its money?
Wacap World Association For Children And Parents reported its financials in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wacap World Association For Children And Parents tax-deductible?
Wacap World Association For Children And Parents is registered as a tax-exempt nonprofit (EIN: 910962079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wacap World Association For Children And Parents located?
Wacap World Association For Children And Parents is headquartered in Seattle, Washington and files with the IRS under EIN 910962079.
How many years of IRS 990 filings does Wacap World Association For Children And Parents have?
Wacap World Association For Children And Parents 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.
Filing History
IRS 990 filing history for Wacap World Association For Children And Parents showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Wacap World Association For Children And Parents's revenue has declined by 27.3%, moving from $4.1M to $3.0M. Total assets decreased by 64% over the same period, from $4.2M to $1.5M. Total functional expenses fell by 23.5%, from $4.2M to $3.2M. In its most recent filing year (2018), Wacap World Association For Children And Parents reported a deficit of $230K, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $1.5M in assets (debt-to-asset ratio: 66.3%), resulting in net assets of $513K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $3.0M | $3.2M | $1.5M | $1.0M | — | View 990 |
| 2017 | $2.9M | $3.3M | $1.8M | $1.1M | — | View 990 |
| 2016 | $3.0M | $3.5M | $2.1M | $1.1M | — | View 990 |
| 2015 | $3.0M | $3.5M | $2.7M | $1.3M | — | View 990 |
| 2014 | $3.4M | $3.4M | $3.3M | $1.3M | — | View 990 |
| 2013 | $3.2M | $3.6M | $3.0M | $1.0M | — | View 990 |
| 2012 | $3.4M | $3.8M | $3.7M | $1.3M | — | View 990 |
| 2011 | $4.1M | $4.2M | $4.2M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $3.0M, expenses of $3.2M, and assets of $1.5M (revenue +0.9% year-over-year).
- 2017: Revenue of $2.9M, expenses of $3.3M, and assets of $1.8M (revenue -0.9% year-over-year).
- 2016: Revenue of $3.0M, expenses of $3.5M, and assets of $2.1M (revenue -2.1% year-over-year).
- 2015: Revenue of $3.0M, expenses of $3.5M, and assets of $2.7M (revenue -10.0% year-over-year).
- 2014: Revenue of $3.4M, expenses of $3.4M, and assets of $3.3M (revenue +6.1% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.6M, and assets of $3.0M (revenue -7.6% year-over-year).
- 2012: Revenue of $3.4M, expenses of $3.8M, and assets of $3.7M (revenue -15.8% year-over-year).
- 2011: Revenue of $4.1M, expenses of $4.2M, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wacap World Association For Children And Parents:
Data Sources and Methodology
This transparency report for Wacap World Association For Children And Parents 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.