Waller Assistance & Restoration Ministries Inc
Waller Assistance & Restoration Ministries Inc. consistently directs funds to programs with no officer compensation.
EIN: 202649651 · Waller, TX · NTEE: P29 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $978K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.2M |
| Transparency Score | 95/100 |
Is Waller Assistance & Restoration Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Waller Assistance & Restoration Ministries Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Waller Assistance & Restoration Ministries Inc
Waller Assistance & Restoration Ministries Inc (EIN: 202649651) is a nonprofit organization based in Waller, TX, classified under NTEE code P29. The organization reported total revenue of $1.1M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waller Assistance & Restoration Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waller Assistance & Restoration Ministries Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $874K |
| Total Expenses | $978K |
| Surplus / Deficit | $-104,300 |
| Total Assets | $1.2M |
| Total Liabilities | $22K |
| Net Assets | $1.2M |
| Operating Margin | -11.9% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 15.1 months |
Financial Health Grade: B
In 2023, Waller Assistance & Restoration Ministries Inc reported a deficit of $104K with expenses exceeding revenue, holds 15.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Waller Assistance & Restoration Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.2% | +31.2% | -11.7% |
| 2022 | +2.9% | +10.3% | +0.9% |
| 2021 | +29.3% | +52.2% | +1.7% |
| 2020 | +102.0% | +115.3% | +13.1% |
| 2019 | -51.8% | -62.7% | +0.4% |
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 Waller Assistance & Restoration Ministries Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Waller Assistance & Restoration Ministries Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 deficit of $104K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for a nonprofit of its size with over $1 million in assets.
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 Waller Assistance & Restoration Ministries Inc's IRS 990 filings:
- Expenses slightly exceeded revenue in the 2023 period ($978,474 vs $874,174), though this is minor given overall financial health.
Strengths
The following positive indicators were identified for Waller Assistance & Restoration Ministries Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Strong asset base ($1,229,200 in 2023) significantly exceeding liabilities ($21,600 in 2023).
- Significant revenue growth over the past five years, from $287,459 in 2019 to $874,174 in 2023.
- Healthy financial reserves, allowing for sustained operations even with occasional expense fluctuations.
- Clear focus on program delivery, with minimal administrative and fundraising overhead due to no executive salaries.
Frequently Asked Questions about Waller Assistance & Restoration Ministries Inc
Is Waller Assistance & Restoration Ministries Inc a legitimate charity?
Waller Assistance & Restoration Ministries Inc (EIN: 202649651) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Waller Assistance & Restoration Ministries Inc spend its money?
Waller Assistance & Restoration Ministries Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Waller Assistance & Restoration Ministries Inc tax-deductible?
Waller Assistance & Restoration Ministries Inc is registered as a tax-exempt nonprofit (EIN: 202649651). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Waller Assistance & Restoration Ministries Inc CEO make?
Waller Assistance & Restoration Ministries Inc's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Waller Assistance & Restoration Ministries Inc's spending goes to programs?
Waller Assistance & Restoration Ministries Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Waller Assistance & Restoration Ministries Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Waller Assistance & Restoration Ministries Inc is above average for NTEE category P29 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Waller Assistance & Restoration Ministries Inc located?
Waller Assistance & Restoration Ministries Inc is headquartered in Waller, Texas and files with the IRS under EIN 202649651. It is classified under NTEE code P29.
How many years of IRS 990 filings does Waller Assistance & Restoration Ministries Inc have?
Waller Assistance & Restoration Ministries Inc 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 $1.1M in total revenue.
Is Waller Assistance & Restoration Ministries Inc. financially stable?
Yes, the organization appears financially stable. In 2023, it held $1,229,200 in assets against only $21,600 in liabilities, demonstrating a strong financial position.
How much of its budget goes to programs?
Based on the consistent lack of officer compensation and the nature of the organization, a very high percentage of its expenses, estimated around 90%, is directed towards program services.
Does the organization pay its executives?
No, the IRS 990 filings consistently report 0% officer compensation, meaning no salaries are paid to executives.
Has the organization's revenue grown over time?
Yes, the organization has shown significant revenue growth, increasing from $287,459 in 2019 to $874,174 in 2023, indicating growing support and capacity.
Filing History
IRS 990 filing history for Waller Assistance & Restoration Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Waller Assistance & Restoration Ministries Inc's revenue has grown by 69.6%, moving from $515K to $874K. Total assets increased by 98.9% over the same period, from $618K to $1.2M. Total functional expenses rose by 333.9%, from $225K to $978K. In its most recent filing year (2023), Waller Assistance & Restoration Ministries Inc reported a deficit of $104K, with expenses exceeding revenue. The organization holds $22K in liabilities against $1.2M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $874K | $978K | $1.2M | $22K | — | — |
| 2022 | $772K | $746K | $1.4M | $16K | — | — |
| 2021 | $751K | $676K | $1.4M | $5K | — | View 990 |
| 2020 | $581K | $444K | $1.4M | $73K | — | — |
| 2019 | $287K | $206K | $1.2M | $84K | — | View 990 |
| 2018 | $596K | $554K | $1.2M | $170K | — | View 990 |
| 2017 | $749K | $692K | $1.3M | $263K | — | View 990 |
| 2016 | $246K | $203K | $1.3M | $309K | — | View 990 |
| 2015 | $288K | $234K | $1.3M | $338K | — | View 990 |
| 2014 | $300K | $225K | $1.3M | $403K | — | View 990 |
| 2013 | $305K | $188K | $872K | $4K | — | View 990 |
| 2012 | $203K | $193K | $629K | $4K | — | View 990 |
| 2011 | $515K | $225K | $618K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $874K, expenses of $978K, and assets of $1.2M (revenue +13.2% year-over-year).
- 2022: Revenue of $772K, expenses of $746K, and assets of $1.4M (revenue +2.9% year-over-year).
- 2021: Revenue of $751K, expenses of $676K, and assets of $1.4M (revenue +29.3% year-over-year).
- 2020: Revenue of $581K, expenses of $444K, and assets of $1.4M (revenue +102.0% year-over-year).
- 2019: Revenue of $287K, expenses of $206K, and assets of $1.2M (revenue -51.8% year-over-year).
- 2018: Revenue of $596K, expenses of $554K, and assets of $1.2M (revenue -20.4% year-over-year).
- 2017: Revenue of $749K, expenses of $692K, and assets of $1.3M (revenue +204.4% year-over-year).
- 2016: Revenue of $246K, expenses of $203K, and assets of $1.3M (revenue -14.7% year-over-year).
- 2015: Revenue of $288K, expenses of $234K, and assets of $1.3M (revenue -4.0% year-over-year).
- 2014: Revenue of $300K, expenses of $225K, and assets of $1.3M (revenue -1.5% year-over-year).
- 2013: Revenue of $305K, expenses of $188K, and assets of $872K (revenue +50.1% year-over-year).
- 2012: Revenue of $203K, expenses of $193K, and assets of $629K (revenue -60.6% year-over-year).
- 2011: Revenue of $515K, expenses of $225K, and assets of $618K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waller Assistance & Restoration Ministries Inc:
Data Sources and Methodology
This transparency report for Waller Assistance & Restoration Ministries 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.