Waterboyz For Jesus Inc
Waterboyz For Jesus Inc operates with unpaid officers, experiencing recent deficits despite fluctuating revenues.
EIN: 203812634 · Frederick, MD · NTEE: X99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $287K |
| Total Expenses | $226K |
| Program Spending | 85% |
| Net Assets | $35K |
| Transparency Score | 85/100 |
Is Waterboyz For Jesus Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Waterboyz For Jesus Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Waterboyz For Jesus Inc
Waterboyz For Jesus Inc (EIN: 203812634) is a nonprofit organization based in Frederick, MD, classified under NTEE code X99. The organization reported total revenue of $287K and total assets of $55K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waterboyz For Jesus Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waterboyz For Jesus Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $206K |
| Total Expenses | $226K |
| Surplus / Deficit | $-19,974 |
| Total Assets | $38K |
| Total Liabilities | $4K |
| Net Assets | $35K |
| Operating Margin | -9.7% |
| Debt-to-Asset Ratio | 9.4% |
| Months of Reserves | 2.0 months |
Financial Health Grade: C
In 2023, Waterboyz For Jesus Inc reported a deficit of $20K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 9.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Waterboyz For Jesus Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.3% | -3.8% | -38.1% |
| 2022 | -10.1% | +11.9% | -25.1% |
| 2021 | +55.5% | +44.5% | +117.3% |
| 2020 | +25.6% | +24.7% | +41.8% |
| 2019 | -12.1% | -24.9% | +59.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Waterboyz For Jesus Inc with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Waterboyz For Jesus Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not directly compensated, which is highly favorable for donor perception and efficient use of funds relative to the organization's size and revenue levels.
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 Waterboyz For Jesus Inc's IRS 990 filings:
- Expenses exceeded revenue in 3 of the last 10 reported periods (2023, 2022, 2018), indicating potential operational deficits.
- Assets have decreased from $82,516 in 2021 to $38,268 in 2023, suggesting a draw-down on reserves or significant asset depreciation.
Strengths
The following positive indicators were identified for Waterboyz For Jesus Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating highly efficient use of funds at the leadership level.
- Low liabilities across most periods, demonstrating sound financial management and minimal debt burden.
- Long operational history with 13 filings, suggesting organizational stability and experience.
- Significant revenue growth from $55,227 in 2015 to $205,694 in 2023 (excluding the 2014 peak), indicating a growing donor base or program reach.
Frequently Asked Questions about Waterboyz For Jesus Inc
Is Waterboyz For Jesus Inc a legitimate charity?
Waterboyz For Jesus Inc (EIN: 203812634) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $287K. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Waterboyz For Jesus Inc spend its money?
Waterboyz For Jesus Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Waterboyz For Jesus Inc tax-deductible?
Waterboyz For Jesus Inc is registered as a tax-exempt nonprofit (EIN: 203812634). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Waterboyz For Jesus Inc's spending goes to programs?
Waterboyz For Jesus Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Waterboyz For Jesus Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Waterboyz For Jesus Inc is above average for NTEE category X99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Waterboyz For Jesus Inc located?
Waterboyz For Jesus Inc is headquartered in Frederick, Maryland and files with the IRS under EIN 203812634. It is classified under NTEE code X99.
How many years of IRS 990 filings does Waterboyz For Jesus Inc have?
Waterboyz For Jesus 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 $287K in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses for recent years?
The provided data does not include a detailed functional expense breakdown. This information would be crucial for a more precise assessment of spending efficiency.
What caused the deficits in 2023, 2022, and 2018 where expenses exceeded revenue?
The filings show expenses exceeding revenue in 2023 ($225,668 vs $205,694), 2022 ($234,699 vs $217,161), and 2018 ($154,804 vs $140,788). Further investigation into the specific financial statements would be needed to understand the reasons for these deficits, such as one-time investments, increased program costs, or revenue shortfalls.
What is the organization's strategy for managing revenue fluctuations and ensuring long-term financial stability?
Revenue has varied significantly, from $55,227 in 2015 to $255,284 in 2014. Understanding the organization's approach to fundraising, donor retention, and financial planning is important given these fluctuations and recent deficits.
Filing History
IRS 990 filing history for Waterboyz For Jesus Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Waterboyz For Jesus Inc's revenue has grown by 46.2%, moving from $141K to $206K. Total assets increased by 184.8% over the same period, from $13K to $38K. Total functional expenses rose by 46.1%, from $154K to $226K. In its most recent filing year (2023), Waterboyz For Jesus Inc reported a deficit of $20K, with expenses exceeding revenue. The organization holds $4K in liabilities against $38K in assets (debt-to-asset ratio: 9.4%), resulting in net assets of $35K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $206K | $226K | $38K | $4K | — | View 990 |
| 2022 | $217K | $235K | $62K | $7K | — | View 990 |
| 2021 | $242K | $210K | $83K | $17K | — | View 990 |
| 2020 | $155K | $145K | $38K | $4K | — | View 990 |
| 2019 | $124K | $116K | $27K | $3K | — | View 990 |
| 2018 | $141K | $155K | $17K | $187 | — | View 990 |
| 2017 | $168K | $148K | $31K | $0 | — | View 990 |
| 2016 | $145K | $144K | $15K | $4K | — | View 990 |
| 2015 | $55K | $57K | $10K | $628 | — | View 990 |
| 2014 | $255K | $254K | $11K | $0 | — | View 990 |
| 2013 | $172K | $181K | $11K | $841 | — | View 990 |
| 2012 | $161K | $133K | $22K | $2K | — | View 990 |
| 2011 | $141K | $154K | $13K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $206K, expenses of $226K, and assets of $38K (revenue -5.3% year-over-year).
- 2022: Revenue of $217K, expenses of $235K, and assets of $62K (revenue -10.1% year-over-year).
- 2021: Revenue of $242K, expenses of $210K, and assets of $83K (revenue +55.5% year-over-year).
- 2020: Revenue of $155K, expenses of $145K, and assets of $38K (revenue +25.6% year-over-year).
- 2019: Revenue of $124K, expenses of $116K, and assets of $27K (revenue -12.1% year-over-year).
- 2018: Revenue of $141K, expenses of $155K, and assets of $17K (revenue -16.1% year-over-year).
- 2017: Revenue of $168K, expenses of $148K, and assets of $31K (revenue +15.5% year-over-year).
- 2016: Revenue of $145K, expenses of $144K, and assets of $15K (revenue +162.9% year-over-year).
- 2015: Revenue of $55K, expenses of $57K, and assets of $10K (revenue -78.4% year-over-year).
- 2014: Revenue of $255K, expenses of $254K, and assets of $11K (revenue +48.8% year-over-year).
- 2013: Revenue of $172K, expenses of $181K, and assets of $11K (revenue +6.8% year-over-year).
- 2012: Revenue of $161K, expenses of $133K, and assets of $22K (revenue +14.2% year-over-year).
- 2011: Revenue of $141K, expenses of $154K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waterboyz For Jesus Inc:
Data Sources and Methodology
This transparency report for Waterboyz For Jesus 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.