Warsaw Community Development Corporation
EIN: 310984856 · Warsaw, IN · NTEE: S20Z
| Metric | Value |
|---|---|
| Total Revenue | $191K |
| Total Expenses | $82K |
| Net Assets | $238K |
Is Warsaw Community Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Warsaw Community Development Corporation
Warsaw Community Development Corporation (EIN: 310984856) is a nonprofit organization based in Warsaw, IN, classified under NTEE code S20Z. The organization reported total revenue of $191K and total assets of $257K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Warsaw Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Warsaw Community Development Corporation is a small nonprofit that has been operating for 46 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $155K |
| Total Expenses | $82K |
| Surplus / Deficit | +$72K |
| Total Assets | $265K |
| Total Liabilities | $27K |
| Net Assets | $238K |
| Operating Margin | 46.8% |
| Debt-to-Asset Ratio | 10.0% |
| Months of Reserves | 38.6 months |
Financial Health Grade: A
In 2023, Warsaw Community Development Corporation reported a surplus of $72K with revenue exceeding expenses, holds 38.6 months of operating reserves (strong position), has a debt-to-asset ratio of 10.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Warsaw Community Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.5% | -14.7% | +59.6% |
| 2022 | +0.9% | +1.9% | +10.3% |
| 2021 | +26.5% | +41.1% | +12.0% |
| 2020 | -18.5% | +12.3% | +13.7% |
| 2019 | +25.9% | -33.4% | +67.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Warsaw Community Development Corporation 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 Warsaw Community Development Corporation 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 $72K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.0%.
Frequently Asked Questions about Warsaw Community Development Corporation
Is Warsaw Community Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Warsaw Community Development Corporation (EIN: 310984856) insufficient data. 0 red flags identified, 0 strengths noted.
How does Warsaw Community Development Corporation spend its money?
Detailed spending breakdown data is not yet available for Warsaw Community Development Corporation. Check back for updated IRS 990 analysis.
Are donations to Warsaw Community Development Corporation tax-deductible?
Warsaw Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 310984856). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Warsaw Community Development Corporation located?
Warsaw Community Development Corporation is headquartered in Warsaw, Indiana and files with the IRS under EIN 310984856. It is classified under NTEE code S20Z.
How many years of IRS 990 filings does Warsaw Community Development Corporation have?
Warsaw Community Development Corporation has 12 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 $191K in total revenue.
Filing History
IRS 990 filing history for Warsaw Community Development Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Warsaw Community Development Corporation's revenue has grown by 7.8%, moving from $143K to $155K. Total assets decreased by 64.3% over the same period, from $742K to $265K. Total functional expenses fell by 54%, from $179K to $82K. In its most recent filing year (2023), Warsaw Community Development Corporation reported a surplus of $72K, with revenue exceeding expenses. The organization holds $27K in liabilities against $265K in assets (debt-to-asset ratio: 10.0%), resulting in net assets of $238K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $155K | $82K | $265K | $27K | — | — |
| 2022 | $112K | $96K | $166K | $160 | — | View 990 |
| 2021 | $111K | $95K | $150K | $0 | — | View 990 |
| 2020 | $87K | $67K | $134K | $0 | — | — |
| 2019 | $107K | $60K | $118K | $0 | — | View 990 |
| 2018 | $85K | $90K | $71K | $0 | — | View 990 |
| 2017 | $81K | $68K | $75K | $180 | — | View 990 |
| 2016 | $97K | $78K | $65K | $3K | — | View 990 |
| 2014 | $139K | $140K | $622K | $0 | — | View 990 |
| 2013 | $163K | $132K | $623K | $0 | — | View 990 |
| 2012 | $95K | $179K | $592K | $0 | — | View 990 |
| 2011 | $143K | $179K | $742K | $66K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $155K, expenses of $82K, and assets of $265K (revenue +38.5% year-over-year).
- 2022: Revenue of $112K, expenses of $96K, and assets of $166K (revenue +0.9% year-over-year).
- 2021: Revenue of $111K, expenses of $95K, and assets of $150K (revenue +26.5% year-over-year).
- 2020: Revenue of $87K, expenses of $67K, and assets of $134K (revenue -18.5% year-over-year).
- 2019: Revenue of $107K, expenses of $60K, and assets of $118K (revenue +25.9% year-over-year).
- 2018: Revenue of $85K, expenses of $90K, and assets of $71K (revenue +5.2% year-over-year).
- 2017: Revenue of $81K, expenses of $68K, and assets of $75K (revenue -16.2% year-over-year).
- 2016: Revenue of $97K, expenses of $78K, and assets of $65K (revenue -30.3% year-over-year).
- 2014: Revenue of $139K, expenses of $140K, and assets of $622K (revenue -14.9% year-over-year).
- 2013: Revenue of $163K, expenses of $132K, and assets of $623K (revenue +71.5% year-over-year).
- 2012: Revenue of $95K, expenses of $179K, and assets of $592K (revenue -33.8% year-over-year).
- 2011: Revenue of $143K, expenses of $179K, and assets of $742K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Warsaw Community Development Corporation:
Data Sources and Methodology
This transparency report for Warsaw Community Development Corporation 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.