Washburn Norlands Foundation Inc
EIN: 237324567 · Livermore, ME · NTEE: A54Z
| Metric | Value |
|---|---|
| Total Revenue | $786K |
| Total Expenses | $149K |
| Net Assets | $3.4M |
Is Washburn Norlands Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Washburn Norlands Foundation Inc
Washburn Norlands Foundation Inc (EIN: 237324567) is a nonprofit organization based in Livermore, ME, classified under NTEE code A54Z. The organization reported total revenue of $786K and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washburn Norlands Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washburn Norlands Foundation Inc is a small nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $181K |
| Total Expenses | $149K |
| Surplus / Deficit | +$32K |
| Total Assets | $3.4M |
| Total Liabilities | $11K |
| Net Assets | $3.4M |
| Operating Margin | 17.5% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 275.0 months |
Financial Health Grade: A
In 2023, Washburn Norlands Foundation Inc reported a surplus of $32K with revenue exceeding expenses, holds 275.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Washburn Norlands Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.8% | -53.5% | +1.1% |
| 2022 | +89.7% | +35.7% | -2.0% |
| 2021 | -65.4% | +3.8% | +3.5% |
| 2020 | +73.0% | -36.2% | +5.9% |
| 2019 | +27.7% | +66.8% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Washburn Norlands Foundation Inc 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 Washburn Norlands Foundation Inc 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 $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Washburn Norlands Foundation Inc
Is Washburn Norlands Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Washburn Norlands Foundation Inc (EIN: 237324567) insufficient data. 0 red flags identified, 0 strengths noted.
How does Washburn Norlands Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Washburn Norlands Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Washburn Norlands Foundation Inc tax-deductible?
Washburn Norlands Foundation Inc is registered as a tax-exempt nonprofit (EIN: 237324567). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Washburn Norlands Foundation Inc located?
Washburn Norlands Foundation Inc is headquartered in Livermore, Maine and files with the IRS under EIN 237324567. It is classified under NTEE code A54Z.
How many years of IRS 990 filings does Washburn Norlands Foundation Inc have?
Washburn Norlands Foundation 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 $786K in total revenue.
Filing History
IRS 990 filing history for Washburn Norlands Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Washburn Norlands Foundation Inc's revenue has declined by 72.2%, moving from $650K to $181K. Total assets decreased by 4.5% over the same period, from $3.6M to $3.4M. Total functional expenses fell by 25.6%, from $200K to $149K. In its most recent filing year (2023), Washburn Norlands Foundation Inc reported a surplus of $32K, with revenue exceeding expenses. The organization holds $11K in liabilities against $3.4M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $181K | $149K | $3.4M | $11K | — | — |
| 2022 | $295K | $321K | $3.4M | $7K | — | View 990 |
| 2021 | $156K | $237K | $3.5M | $5K | — | View 990 |
| 2020 | $450K | $228K | $3.3M | $32K | — | View 990 |
| 2019 | $260K | $357K | $3.1M | $5K | — | View 990 |
| 2018 | $204K | $214K | $3.1M | $2K | — | View 990 |
| 2017 | $231K | $207K | $3.3M | $7K | — | View 990 |
| 2016 | $181K | $203K | $3.3M | $7K | — | View 990 |
| 2015 | $120K | $199K | $3.3M | $8K | — | View 990 |
| 2014 | $127K | $191K | $3.4M | $3K | — | View 990 |
| 2013 | $162K | $201K | $3.5M | $9K | — | View 990 |
| 2012 | $105K | $178K | $3.5M | $4K | — | View 990 |
| 2011 | $650K | $200K | $3.6M | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $181K, expenses of $149K, and assets of $3.4M (revenue -38.8% year-over-year).
- 2022: Revenue of $295K, expenses of $321K, and assets of $3.4M (revenue +89.7% year-over-year).
- 2021: Revenue of $156K, expenses of $237K, and assets of $3.5M (revenue -65.4% year-over-year).
- 2020: Revenue of $450K, expenses of $228K, and assets of $3.3M (revenue +73.0% year-over-year).
- 2019: Revenue of $260K, expenses of $357K, and assets of $3.1M (revenue +27.7% year-over-year).
- 2018: Revenue of $204K, expenses of $214K, and assets of $3.1M (revenue -11.7% year-over-year).
- 2017: Revenue of $231K, expenses of $207K, and assets of $3.3M (revenue +27.6% year-over-year).
- 2016: Revenue of $181K, expenses of $203K, and assets of $3.3M (revenue +50.6% year-over-year).
- 2015: Revenue of $120K, expenses of $199K, and assets of $3.3M (revenue -5.2% year-over-year).
- 2014: Revenue of $127K, expenses of $191K, and assets of $3.4M (revenue -21.7% year-over-year).
- 2013: Revenue of $162K, expenses of $201K, and assets of $3.5M (revenue +54.5% year-over-year).
- 2012: Revenue of $105K, expenses of $178K, and assets of $3.5M (revenue -83.9% year-over-year).
- 2011: Revenue of $650K, expenses of $200K, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washburn Norlands Foundation Inc:
Data Sources and Methodology
This transparency report for Washburn Norlands Foundation 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.