Waterford Foundation For Public Education
EIN: 382528009 · Waterford, MI · NTEE: B00J
Is Waterford Foundation For Public Education Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Waterford Foundation For Public Education
Waterford Foundation For Public Education (EIN: 382528009) is a nonprofit organization based in Waterford, MI, classified under NTEE code B00J. The organization reported total revenue of $179K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waterford Foundation For Public Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Waterford Foundation For Public Education 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 Foundation For Public Education 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.
Frequently Asked Questions about Waterford Foundation For Public Education
Is Waterford Foundation For Public Education a legitimate charity?
Based on AI analysis of IRS 990 filings, Waterford Foundation For Public Education (EIN: 382528009) insufficient data. 0 red flags identified, 0 strengths noted.
How does Waterford Foundation For Public Education spend its money?
Detailed spending breakdown data is not yet available for Waterford Foundation For Public Education. Check back for updated IRS 990 analysis.
Are donations to Waterford Foundation For Public Education tax-deductible?
Waterford Foundation For Public Education is registered as a tax-exempt nonprofit (EIN: 382528009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Waterford Foundation For Public Education showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Waterford Foundation For Public Education's revenue has declined by 28.9%, moving from $172K to $122K. Total assets increased by 84.2% over the same period, from $1.1M to $2.0M. Total functional expenses rose by 721.8%, from $33K to $270K. In its most recent filing year (2023), Waterford Foundation For Public Education reported a deficit of $148K, with expenses exceeding revenue. The organization holds $183K in liabilities against $2.0M in assets (debt-to-asset ratio: 8.9%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $122K | $270K | $2.0M | $183K | — | View 990 |
| 2022 | $211K | $201K | $2.0M | $184K | — | View 990 |
| 2021 | $225K | $341K | $2.4M | $194K | — | View 990 |
| 2020 | $112K | $144K | $1.9M | $185K | — | View 990 |
| 2019 | $195K | $163K | $1.9M | $167K | — | View 990 |
| 2018 | $347K | $171K | $1.8M | $98K | — | View 990 |
| 2017 | $379K | $122K | $1.6M | $102K | — | View 990 |
| 2016 | $288K | $109K | $1.3M | $168K | — | View 990 |
| 2015 | $134K | $113K | $1.1M | $174K | — | View 990 |
| 2014 | $130K | $116K | $1.2M | $14K | — | View 990 |
| 2013 | $145K | $184K | $1.1M | $5K | — | View 990 |
| 2012 | $172K | $33K | $1.1M | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $122K, expenses of $270K, and assets of $2.0M (revenue -42.1% year-over-year).
- 2022: Revenue of $211K, expenses of $201K, and assets of $2.0M (revenue -6.3% year-over-year).
- 2021: Revenue of $225K, expenses of $341K, and assets of $2.4M (revenue +100.9% year-over-year).
- 2020: Revenue of $112K, expenses of $144K, and assets of $1.9M (revenue -42.6% year-over-year).
- 2019: Revenue of $195K, expenses of $163K, and assets of $1.9M (revenue -43.7% year-over-year).
- 2018: Revenue of $347K, expenses of $171K, and assets of $1.8M (revenue -8.6% year-over-year).
- 2017: Revenue of $379K, expenses of $122K, and assets of $1.6M (revenue +31.7% year-over-year).
- 2016: Revenue of $288K, expenses of $109K, and assets of $1.3M (revenue +115.3% year-over-year).
- 2015: Revenue of $134K, expenses of $113K, and assets of $1.1M (revenue +2.5% year-over-year).
- 2014: Revenue of $130K, expenses of $116K, and assets of $1.2M (revenue -10.3% year-over-year).
- 2013: Revenue of $145K, expenses of $184K, and assets of $1.1M (revenue -15.2% year-over-year).
- 2012: Revenue of $172K, expenses of $33K, and assets of $1.1M.
Data Sources and Methodology
This transparency report for Waterford Foundation For Public Education 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.