Washoe Ability Resource Center
EIN: 880089002 · Reno, NV · NTEE: P82Z
| Metric | Value |
|---|---|
| Total Revenue | $436K |
| Total Expenses | $256K |
| Net Assets | $591K |
Is Washoe Ability Resource Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Washoe Ability Resource Center
Washoe Ability Resource Center (EIN: 880089002) is a nonprofit organization based in Reno, NV, classified under NTEE code P82Z. The organization reported total revenue of $436K and total assets of $691K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washoe Ability Resource Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washoe Ability Resource Center is a small nonprofit that has been operating for 71 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -19.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $209K |
| Total Expenses | $256K |
| Surplus / Deficit | $-47,061 |
| Total Assets | $607K |
| Total Liabilities | $16K |
| Net Assets | $591K |
| Operating Margin | -22.6% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 28.5 months |
Financial Health Grade: B
In 2023, Washoe Ability Resource Center reported a deficit of $47K with expenses exceeding revenue, holds 28.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Washoe Ability Resource Center's revenue has declined at a compound annual growth rate (CAGR) of -19.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.2% | +9.1% | -7.7% |
| 2022 | -34.7% | +3.9% | -5.2% |
| 2021 | +32.8% | -4.9% | -5.6% |
| 2020 | +16.2% | +20.2% | +23.6% |
| 2019 | -6.1% | -8.6% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1955 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Washoe Ability Resource Center 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 Washoe Ability Resource Center 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 deficit of $47K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.6%.
Frequently Asked Questions about Washoe Ability Resource Center
Is Washoe Ability Resource Center a legitimate charity?
Washoe Ability Resource Center (EIN: 880089002) is a registered tax-exempt nonprofit based in Nevada. It has 14 years of IRS 990 filings on record. Total revenue: $436K. No red flags identified. Financial health grade: B.
How does Washoe Ability Resource Center spend its money?
Washoe Ability Resource Center reported $436K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Washoe Ability Resource Center tax-deductible?
Washoe Ability Resource Center is registered as a tax-exempt nonprofit (EIN: 880089002). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Washoe Ability Resource Center located?
Washoe Ability Resource Center is headquartered in Reno, Nevada and files with the IRS under EIN 880089002. It is classified under NTEE code P82Z.
How many years of IRS 990 filings does Washoe Ability Resource Center have?
Washoe Ability Resource Center has 14 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 $436K in total revenue.
Filing History
IRS 990 filing history for Washoe Ability Resource Center showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Washoe Ability Resource Center's revenue has declined by 92.9%, moving from $3.0M to $209K. Total assets decreased by 68% over the same period, from $1.9M to $607K. Total functional expenses fell by 91.9%, from $3.1M to $256K. In its most recent filing year (2023), Washoe Ability Resource Center reported a deficit of $47K, with expenses exceeding revenue. The organization holds $16K in liabilities against $607K in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $591K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $209K | $256K | $607K | $16K | — | — |
| 2022 | $209K | $234K | $657K | $5K | — | — |
| 2021 | $320K | $225K | $694K | $16K | — | — |
| 2020 | $241K | $237K | $735K | $152K | — | — |
| 2019 | $208K | $197K | $594K | $16K | — | View 990 |
| 2018 | $221K | $216K | $609K | $41K | — | View 990 |
| 2017 | $232K | $222K | $577K | $14K | — | View 990 |
| 2016 | $419K | $229K | $568K | $15K | — | View 990 |
| 2015 | $484K | $420K | $924K | $414K | — | View 990 |
| 2014 | $440K | $497K | $1.5M | $956K | — | View 990 |
| 2013 | $751K | $849K | $1.5M | $897K | — | View 990 |
| 2012 | $1.6M | $1.9M | $1.7M | $1.0M | — | View 990 |
| 2011 | $913K | $1.0M | $1.8M | $912K | — | View 990 |
| 2011 | $3.0M | $3.1M | $1.9M | $870K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $209K, expenses of $256K, and assets of $607K (revenue -0.2% year-over-year).
- 2022: Revenue of $209K, expenses of $234K, and assets of $657K (revenue -34.7% year-over-year).
- 2021: Revenue of $320K, expenses of $225K, and assets of $694K (revenue +32.8% year-over-year).
- 2020: Revenue of $241K, expenses of $237K, and assets of $735K (revenue +16.2% year-over-year).
- 2019: Revenue of $208K, expenses of $197K, and assets of $594K (revenue -6.1% year-over-year).
- 2018: Revenue of $221K, expenses of $216K, and assets of $609K (revenue -4.6% year-over-year).
- 2017: Revenue of $232K, expenses of $222K, and assets of $577K (revenue -44.7% year-over-year).
- 2016: Revenue of $419K, expenses of $229K, and assets of $568K (revenue -13.5% year-over-year).
- 2015: Revenue of $484K, expenses of $420K, and assets of $924K (revenue +10.1% year-over-year).
- 2014: Revenue of $440K, expenses of $497K, and assets of $1.5M (revenue -41.4% year-over-year).
- 2013: Revenue of $751K, expenses of $849K, and assets of $1.5M (revenue -53.5% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.9M, and assets of $1.7M (revenue +76.7% year-over-year).
- 2011: Revenue of $913K, expenses of $1.0M, and assets of $1.8M (revenue -69.1% year-over-year).
- 2011: Revenue of $3.0M, expenses of $3.1M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washoe Ability Resource Center:
Data Sources and Methodology
This transparency report for Washoe Ability Resource Center 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.