Waterford Dublin Development Inc
EIN: 271073302 · Smyrna, GA · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $638K |
| Total Expenses | $980K |
| Net Assets | $5.8M |
Is Waterford Dublin Development Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Waterford Dublin Development Inc
Waterford Dublin Development Inc (EIN: 271073302) is a nonprofit organization based in Smyrna, GA, classified under NTEE code L20. The organization reported total revenue of $638K and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waterford Dublin Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waterford Dublin Development Inc is a small nonprofit that has been operating for 15 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -17.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $602K |
| Total Expenses | $980K |
| Surplus / Deficit | $-378,018 |
| Total Assets | $7.2M |
| Total Liabilities | $1.4M |
| Net Assets | $5.8M |
| Operating Margin | -62.8% |
| Debt-to-Asset Ratio | 19.4% |
| Months of Reserves | 87.7 months |
Financial Health Grade: B
In 2023, Waterford Dublin Development Inc reported a deficit of $378K with expenses exceeding revenue, holds 87.7 months of operating reserves (strong position), has a debt-to-asset ratio of 19.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Waterford Dublin Development Inc's revenue has declined at a compound annual growth rate (CAGR) of -17.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.6% | +22.0% | -3.7% |
| 2022 | +8.0% | +11.0% | -3.2% |
| 2021 | -2.6% | +4.2% | -1.9% |
| 2020 | +17.7% | +0.8% | -2.6% |
| 2019 | +8.3% | +7.8% | -2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Waterford Dublin Development 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 Waterford Dublin Development 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 deficit of $378K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.4%.
Frequently Asked Questions about Waterford Dublin Development Inc
Is Waterford Dublin Development Inc a legitimate charity?
Waterford Dublin Development Inc (EIN: 271073302) is a registered tax-exempt nonprofit based in Georgia. It has 14 years of IRS 990 filings on record. Total revenue: $638K. No red flags identified. Financial health grade: B.
How does Waterford Dublin Development Inc spend its money?
Waterford Dublin Development Inc reported $638K 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 Waterford Dublin Development Inc tax-deductible?
Waterford Dublin Development Inc is registered as a tax-exempt nonprofit (EIN: 271073302). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Waterford Dublin Development Inc located?
Waterford Dublin Development Inc is headquartered in Smyrna, Georgia and files with the IRS under EIN 271073302. It is classified under NTEE code L20.
How many years of IRS 990 filings does Waterford Dublin Development Inc have?
Waterford Dublin Development Inc 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 $638K in total revenue.
Filing History
IRS 990 filing history for Waterford Dublin Development Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Waterford Dublin Development Inc's revenue has declined by 91.2%, moving from $6.9M to $602K. Total assets decreased by 20.1% over the same period, from $9.0M to $7.2M. In its most recent filing year (2023), Waterford Dublin Development Inc reported a deficit of $378K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $7.2M in assets (debt-to-asset ratio: 19.4%), resulting in net assets of $5.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $602K | $980K | $7.2M | $1.4M | — | — |
| 2022 | $521K | $804K | $7.4M | $1.3M | — | View 990 |
| 2021 | $483K | $724K | $7.7M | $1.2M | — | View 990 |
| 2020 | $495K | $695K | $7.8M | $1.2M | — | — |
| 2019 | $421K | $689K | $8.0M | $1.2M | — | View 990 |
| 2018 | $388K | $640K | $8.2M | $1.1M | — | View 990 |
| 2017 | $372K | $629K | $8.4M | $1.0M | — | View 990 |
| 2016 | $339K | $655K | $8.7M | $1.1M | — | View 990 |
| 2015 | $337K | $636K | $9.0M | $1.1M | — | View 990 |
| 2014 | $334K | $656K | $9.2M | $981K | — | View 990 |
| 2013 | $328K | $600K | $9.5M | $955K | — | View 990 |
| 2012 | $318K | $601K | $9.8M | $938K | — | View 990 |
| 2011 | $2.9M | $600K | $10.1M | $962K | — | View 990 |
| 2010 | $6.9M | $0 | $9.0M | $2.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $602K, expenses of $980K, and assets of $7.2M (revenue +15.6% year-over-year).
- 2022: Revenue of $521K, expenses of $804K, and assets of $7.4M (revenue +8.0% year-over-year).
- 2021: Revenue of $483K, expenses of $724K, and assets of $7.7M (revenue -2.6% year-over-year).
- 2020: Revenue of $495K, expenses of $695K, and assets of $7.8M (revenue +17.7% year-over-year).
- 2019: Revenue of $421K, expenses of $689K, and assets of $8.0M (revenue +8.3% year-over-year).
- 2018: Revenue of $388K, expenses of $640K, and assets of $8.2M (revenue +4.4% year-over-year).
- 2017: Revenue of $372K, expenses of $629K, and assets of $8.4M (revenue +9.6% year-over-year).
- 2016: Revenue of $339K, expenses of $655K, and assets of $8.7M (revenue +0.8% year-over-year).
- 2015: Revenue of $337K, expenses of $636K, and assets of $9.0M (revenue +0.8% year-over-year).
- 2014: Revenue of $334K, expenses of $656K, and assets of $9.2M (revenue +1.9% year-over-year).
- 2013: Revenue of $328K, expenses of $600K, and assets of $9.5M (revenue +3.0% year-over-year).
- 2012: Revenue of $318K, expenses of $601K, and assets of $9.8M (revenue -89.0% year-over-year).
- 2011: Revenue of $2.9M, expenses of $600K, and assets of $10.1M (revenue -57.8% year-over-year).
- 2010: Revenue of $6.9M, expenses of $0, and assets of $9.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waterford Dublin Development Inc:
Data Sources and Methodology
This transparency report for Waterford Dublin Development 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.