Waldo Area Business Association
EIN: 431150990 · Kansas City, MO
| Metric | Value |
|---|---|
| Total Revenue | $395K |
| Total Expenses | $357K |
| Net Assets | $175K |
Is Waldo Area Business Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Waldo Area Business Association
Waldo Area Business Association (EIN: 431150990) is a nonprofit organization based in Kansas City, MO. The organization reported total revenue of $395K and total assets of $176K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waldo Area Business Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waldo Area Business Association is a small nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $395K |
| Total Expenses | $357K |
| Surplus / Deficit | +$38K |
| Total Assets | $176K |
| Total Liabilities | $1K |
| Net Assets | $175K |
| Operating Margin | 9.6% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 5.9 months |
Financial Health Grade: A
In 2023, Waldo Area Business Association reported a surplus of $38K with revenue exceeding expenses, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Waldo Area Business Association's revenue has grown at a compound annual growth rate (CAGR) of 19.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +52.8% | +39.0% | +36.9% |
| 2022 | +27.3% | +43.6% | +2.6% |
| 2021 | -7.5% | -5.2% | +25.7% |
| 2020 | -3.6% | -17.4% | +43.2% |
| 2019 | +3.2% | +3.0% | -30.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Waldo Area Business Association 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 Waldo Area Business Association 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 $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Waldo Area Business Association
Is Waldo Area Business Association a legitimate charity?
Waldo Area Business Association (EIN: 431150990) is a registered tax-exempt nonprofit based in Missouri. It has 13 years of IRS 990 filings on record. Total revenue: $395K. No red flags identified. Financial health grade: A.
How does Waldo Area Business Association spend its money?
Waldo Area Business Association reported $395K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Waldo Area Business Association tax-deductible?
Waldo Area Business Association is registered as a tax-exempt nonprofit (EIN: 431150990). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Waldo Area Business Association located?
Waldo Area Business Association is headquartered in Kansas City, Missouri and files with the IRS under EIN 431150990.
How many years of IRS 990 filings does Waldo Area Business Association have?
Waldo Area Business Association 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 $395K in total revenue.
Filing History
IRS 990 filing history for Waldo Area Business Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Waldo Area Business Association's revenue has grown by 767.7%, moving from $46K to $395K. Total assets increased by 825.6% over the same period, from $19K to $176K. Total functional expenses rose by 721%, from $44K to $357K. In its most recent filing year (2023), Waldo Area Business Association reported a surplus of $38K, with revenue exceeding expenses. The organization holds $1K in liabilities against $176K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $175K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $395K | $357K | $176K | $1K | — | — |
| 2022 | $259K | $257K | $129K | $4K | — | View 990 |
| 2021 | $203K | $179K | $126K | $3K | — | View 990 |
| 2020 | $220K | $189K | $100K | $2K | — | — |
| 2019 | $228K | $229K | $70K | $2K | — | View 990 |
| 2018 | $221K | $222K | $100K | $0 | — | View 990 |
| 2017 | $150K | $69K | $105K | $2K | — | View 990 |
| 2016 | $42K | $43K | $21K | $0 | — | View 990 |
| 2015 | $76K | $79K | $22K | $0 | — | View 990 |
| 2014 | $42K | $35K | $25K | $0 | — | View 990 |
| 2013 | $37K | $37K | $18K | $0 | — | View 990 |
| 2012 | $40K | $41K | $18K | $0 | — | View 990 |
| 2011 | $46K | $44K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $395K, expenses of $357K, and assets of $176K (revenue +52.8% year-over-year).
- 2022: Revenue of $259K, expenses of $257K, and assets of $129K (revenue +27.3% year-over-year).
- 2021: Revenue of $203K, expenses of $179K, and assets of $126K (revenue -7.5% year-over-year).
- 2020: Revenue of $220K, expenses of $189K, and assets of $100K (revenue -3.6% year-over-year).
- 2019: Revenue of $228K, expenses of $229K, and assets of $70K (revenue +3.2% year-over-year).
- 2018: Revenue of $221K, expenses of $222K, and assets of $100K (revenue +47.0% year-over-year).
- 2017: Revenue of $150K, expenses of $69K, and assets of $105K (revenue +254.4% year-over-year).
- 2016: Revenue of $42K, expenses of $43K, and assets of $21K (revenue -44.2% year-over-year).
- 2015: Revenue of $76K, expenses of $79K, and assets of $22K (revenue +81.7% year-over-year).
- 2014: Revenue of $42K, expenses of $35K, and assets of $25K (revenue +14.3% year-over-year).
- 2013: Revenue of $37K, expenses of $37K, and assets of $18K (revenue -9.4% year-over-year).
- 2012: Revenue of $40K, expenses of $41K, and assets of $18K (revenue -11.4% year-over-year).
- 2011: Revenue of $46K, expenses of $44K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waldo Area Business Association:
Data Sources and Methodology
This transparency report for Waldo Area Business Association 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.