Wahset
Wahset shows consistent asset growth and zero officer compensation, but experienced a deficit in its latest reported fiscal year.
EIN: 204145137 · Buckley, WA · NTEE: N69 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $127K |
| Program Spending | 80% |
| Net Assets | $372K |
| Transparency Score | 75/100 |
Search Intent Cockpit
Wahset Form 990, Revenue, CEO Pay, and IRS Filing Signals
Wahset is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Wahset in one place.
Form 990 Filing Summary
9 filing years are available, with latest revenue of $100K and expenses of $127K.
Revenue and Expenses
Wahset reported $100K in revenue and $127K in expenses, a deficit of $28K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
75/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Wahset Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $102K (80%) |
Across stored filings, Wahset shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 9 stored filing years |
| Peer context | Compare with Okanogan Regional Humane | Washington and Category N context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Okanogan Regional Humane →All Washington nonprofits
All Category N
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Buckley, WA nonprofitsCategory N in Washington
Human Services in Washington
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Category N spending
Best Category N charities in Washington
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Olympic Peninsula Community Clinic
Port Angeles, WA · $3.3M revenue · Score 95/100
Compare side-by-sideFaunalytics
Olympia, WA · $1.5M revenue · Score 95/100
Compare side-by-sideVancouver Lake Crew
Vancouver, WA · $168K revenue · Score 85/100
Compare side-by-sideClean & Sober Softball Association
Redmond, WA · $190K revenue · Score 92/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Wahset directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wahset
Wahset (EIN: 204145137) is a nonprofit organization based in Buckley, WA, classified under NTEE code N69. The organization reported total revenue of $1.1M and total assets of $543K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wahset's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wahset is a mid-size nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $100K |
| Total Expenses | $127K |
| Surplus / Deficit | $-27,569 |
| Total Assets | $372K |
| Total Liabilities | $1 |
| Net Assets | $372K |
| Operating Margin | -27.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 35.0 months |
Financial Health Grade: B
In 2022, Wahset reported a deficit of $28K with expenses exceeding revenue, holds 35.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Wahset's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -8.0% | +119.3% | -6.9% |
| 2021 | +5756.9% | +21.2% | +14.5% |
| 2020 | -98.7% | -28.7% | -5.4% |
| 2019 | +56.8% | +35.1% | +98.4% |
| 2015 | +15.5% | +10.2% | +28.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Wahset with a Mission Score of 75 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: 80%
- fundraising: 5%
According to IRS 990 filings, Wahset allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Wahset consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization of its size and operational history.
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 Wahset's IRS 990 filings:
- Expenses exceeded revenue in the latest reported period (202208), indicating an operational deficit of $27,569.
- Significant fluctuation in annual revenue, with a sharp drop from $143,006 in 2019 to $1,854 in 2020, which could indicate instability in funding sources.
Strengths
The following positive indicators were identified for Wahset:
- Consistent asset growth over the past decade, from $83,972 in 2011 to $372,133 in 2022, demonstrating financial stability.
- Zero officer compensation reported across all filings, indicating that all funds are directed towards the organization's mission.
- Very low liabilities ($1 in recent years), suggesting strong financial management and minimal debt burden.
- Long and consistent IRS 990 filing history (9 filings), indicating good transparency and compliance.
Frequently Asked Questions about Wahset
Is Wahset a legitimate charity?
Wahset (EIN: 204145137) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Wahset spend its money?
Wahset directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Wahset tax-deductible?
Wahset is registered as a tax-exempt nonprofit (EIN: 204145137). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wahset's spending goes to programs?
Wahset directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wahset compare to similar nonprofits?
With a transparency score of 75/100 (Good), Wahset is above average for NTEE category N69 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wahset located?
Wahset is headquartered in Buckley, Washington and files with the IRS under EIN 204145137. It is classified under NTEE code N69.
How many years of IRS 990 filings does Wahset have?
Wahset has 9 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 $1.1M in total revenue.
Is Wahset a good charity?
Wahset exhibits several characteristics of a good charity, including consistent asset growth, a long filing history, and notably, zero officer compensation. However, the deficit in the 2022 fiscal period ($99,884 revenue vs. $127,453 expenses) suggests a need for improved financial management to ensure long-term sustainability.
How has Wahset's financial health changed over time?
Wahset's financial health has generally improved over time, with assets growing from $83,972 in 2011 to $372,133 in 2022. Revenue has fluctuated, but the organization has largely maintained a positive net asset position, despite occasional operational deficits like the one in 2022.
What caused the significant revenue drop in 2020?
In the 202008 period, Wahset reported revenue of only $1,854, a drastic decrease from $143,006 in 2019. The IRS 990 data alone does not specify the exact cause, but such a sharp decline could be due to a loss of major funding, a change in fundraising strategy, or external factors like the COVID-19 pandemic affecting donations or program income.
Filing History
IRS 990 filing history for Wahset showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Wahset's revenue has grown by 83.3%, moving from $54K to $100K. Total assets increased by 343.2% over the same period, from $84K to $372K. Total functional expenses rose by 497%, from $21K to $127K. In its most recent filing year (2022), Wahset reported a deficit of $28K, with expenses exceeding revenue. The organization holds $1 in liabilities against $372K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $372K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $100K | $127K | $372K | $1 | — | View 990 |
| 2021 | $109K | $58K | $400K | $1 | — | View 990 |
| 2020 | $2K | $48K | $349K | $1 | — | — |
| 2019 | $143K | $67K | $369K | $1 | — | View 990 |
| 2015 | $91K | $50K | $186K | $1 | — | View 990 |
| 2014 | $79K | $45K | $145K | $1 | — | View 990 |
| 2013 | $47K | $29K | $111K | $0 | — | View 990 |
| 2012 | $31K | $22K | $93K | $0 | — | View 990 |
| 2011 | $54K | $21K | $84K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $100K, expenses of $127K, and assets of $372K (revenue -8.0% year-over-year).
- 2021: Revenue of $109K, expenses of $58K, and assets of $400K (revenue +5756.9% year-over-year).
- 2020: Revenue of $2K, expenses of $48K, and assets of $349K (revenue -98.7% year-over-year).
- 2019: Revenue of $143K, expenses of $67K, and assets of $369K (revenue +56.8% year-over-year).
- 2015: Revenue of $91K, expenses of $50K, and assets of $186K (revenue +15.5% year-over-year).
- 2014: Revenue of $79K, expenses of $45K, and assets of $145K (revenue +68.7% year-over-year).
- 2013: Revenue of $47K, expenses of $29K, and assets of $111K (revenue +49.7% year-over-year).
- 2012: Revenue of $31K, expenses of $22K, and assets of $93K (revenue -42.6% year-over-year).
- 2011: Revenue of $54K, expenses of $21K, and assets of $84K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wahset:
Data Sources and Methodology
This transparency report for Wahset 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.