Wathena High School Alumni Association Charitable Trust
EIN: 481082037 · Wathena, KS
| Metric | Value |
|---|---|
| Total Revenue | $121K |
| Total Expenses | $23K |
| Net Assets | $715K |
Is Wathena High School Alumni Association Charitable Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wathena High School Alumni Association Charitable Trust
Wathena High School Alumni Association Charitable Trust (EIN: 481082037) is a nonprofit organization based in Wathena, KS. The organization reported total revenue of $121K and total assets of $745K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wathena High School Alumni Association Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wathena High School Alumni Association Charitable Trust is a small nonprofit that has been operating for 36 years, with 10 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of -11.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $23K |
| Surplus / Deficit | +$90K |
| Total Assets | $715K |
| Net Assets | $715K |
| Operating Margin | 79.9% |
| Months of Reserves | 377.6 months |
Financial Health Grade: A
In 2024, Wathena High School Alumni Association Charitable Trust reported a surplus of $90K with revenue exceeding expenses, holds 377.6 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2015–2024), Wathena High School Alumni Association Charitable Trust's revenue has declined at a compound annual growth rate (CAGR) of -11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +80.8% | -42.8% | +19.3% |
| 2023 | -4.7% | -4.7% | -2.4% |
| 2022 | +1.4% | +15.3% | -5.3% |
| 2021 | -21.4% | -21.4% | +21.5% |
| 2020 | +42.7% | +10.3% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wathena High School Alumni Association Charitable Trust 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 Wathena High School Alumni Association Charitable Trust 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $90K, with revenue exceeding expenses.
Frequently Asked Questions about Wathena High School Alumni Association Charitable Trust
Is Wathena High School Alumni Association Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Wathena High School Alumni Association Charitable Trust (EIN: 481082037) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wathena High School Alumni Association Charitable Trust spend its money?
Detailed spending breakdown data is not yet available for Wathena High School Alumni Association Charitable Trust. Check back for updated IRS 990 analysis.
Are donations to Wathena High School Alumni Association Charitable Trust tax-deductible?
Wathena High School Alumni Association Charitable Trust is registered as a tax-exempt nonprofit (EIN: 481082037). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wathena High School Alumni Association Charitable Trust located?
Wathena High School Alumni Association Charitable Trust is headquartered in Wathena, Kansas and files with the IRS under EIN 481082037.
How many years of IRS 990 filings does Wathena High School Alumni Association Charitable Trust have?
Wathena High School Alumni Association Charitable Trust has 10 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 $121K in total revenue.
Filing History
IRS 990 filing history for Wathena High School Alumni Association Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2015–2024), Wathena High School Alumni Association Charitable Trust's revenue has declined by 68.2%, moving from $355K to $113K. Total assets increased by 33.6% over the same period, from $535K to $715K. Total functional expenses fell by 25.2%, from $30K to $23K. In its most recent filing year (2024), Wathena High School Alumni Association Charitable Trust reported a surplus of $90K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $113K | $23K | $715K | $0 | — | — |
| 2023 | $63K | $40K | $599K | $0 | — | View 990 |
| 2022 | $66K | $42K | $614K | $0 | — | View 990 |
| 2021 | $65K | $36K | $648K | $0 | — | — |
| 2020 | $82K | $46K | $534K | $0 | — | View 990 |
| 2019 | $58K | $42K | $530K | $0 | — | View 990 |
| 2018 | $32K | $38K | $527K | $0 | — | View 990 |
| 2017 | $60K | $25K | $540K | $0 | — | View 990 |
| 2016 | $-2,415 | $36K | $493K | $0 | — | View 990 |
| 2015 | $355K | $30K | $535K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $113K, expenses of $23K, and assets of $715K (revenue +80.8% year-over-year).
- 2023: Revenue of $63K, expenses of $40K, and assets of $599K (revenue -4.7% year-over-year).
- 2022: Revenue of $66K, expenses of $42K, and assets of $614K (revenue +1.4% year-over-year).
- 2021: Revenue of $65K, expenses of $36K, and assets of $648K (revenue -21.4% year-over-year).
- 2020: Revenue of $82K, expenses of $46K, and assets of $534K (revenue +42.7% year-over-year).
- 2019: Revenue of $58K, expenses of $42K, and assets of $530K (revenue +82.5% year-over-year).
- 2018: Revenue of $32K, expenses of $38K, and assets of $527K (revenue -46.9% year-over-year).
- 2017: Revenue of $60K, expenses of $25K, and assets of $540K.
- 2016: Revenue of $-2,415, expenses of $36K, and assets of $493K (revenue -100.7% year-over-year).
- 2015: Revenue of $355K, expenses of $30K, and assets of $535K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wathena High School Alumni Association Charitable Trust:
Data Sources and Methodology
This transparency report for Wathena High School Alumni Association Charitable Trust 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.