Watkins Community Center Inc
EIN: 412183907 · Honea Path, SC · NTEE: P28
| Metric | Value |
|---|---|
| Total Revenue | $28K |
| Total Expenses | $29K |
| Net Assets | $450K |
Is Watkins Community Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Watkins Community Center Inc
Watkins Community Center Inc (EIN: 412183907) is a nonprofit organization based in Honea Path, SC, classified under NTEE code P28. The organization reported total revenue of $28K and total assets of $433K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Watkins Community Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Watkins Community Center Inc is a micro nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $66K |
| Total Expenses | $29K |
| Surplus / Deficit | +$36K |
| Total Assets | $450K |
| Net Assets | $450K |
| Operating Margin | 55.4% |
| Months of Reserves | 184.6 months |
Financial Health Grade: A
In 2024, Watkins Community Center Inc reported a surplus of $36K with revenue exceeding expenses, holds 184.6 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2024), Watkins Community Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +102.9% | -2.2% | +8.8% |
| 2023 | -15.3% | +8.5% | +0.6% |
| 2022 | +86.3% | +18.1% | +2.7% |
| 2021 | +39.0% | -25.0% | -0.7% |
| 2020 | -43.3% | -7.5% | -3.9% |
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 Analysis Pending
AI enrichment for Watkins Community Center 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 Watkins Community Center 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $36K, with revenue exceeding expenses.
Frequently Asked Questions about Watkins Community Center Inc
Is Watkins Community Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Watkins Community Center Inc (EIN: 412183907) insufficient data. 0 red flags identified, 0 strengths noted.
How does Watkins Community Center Inc spend its money?
Detailed spending breakdown data is not yet available for Watkins Community Center Inc. Check back for updated IRS 990 analysis.
Are donations to Watkins Community Center Inc tax-deductible?
Watkins Community Center Inc is registered as a tax-exempt nonprofit (EIN: 412183907). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Watkins Community Center Inc located?
Watkins Community Center Inc is headquartered in Honea Path, South Carolina and files with the IRS under EIN 412183907. It is classified under NTEE code P28.
How many years of IRS 990 filings does Watkins Community Center Inc have?
Watkins Community Center Inc has 12 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 $28K in total revenue.
Filing History
IRS 990 filing history for Watkins Community Center Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Watkins Community Center Inc's revenue has declined by 22%, moving from $84K to $66K. Total assets decreased by 15.2% over the same period, from $531K to $450K. Total functional expenses fell by 28.1%, from $41K to $29K. In its most recent filing year (2024), Watkins Community Center Inc reported a surplus of $36K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $66K | $29K | $450K | $0 | — | — |
| 2023 | $32K | $30K | $414K | $0 | — | View 990 |
| 2022 | $38K | $28K | $412K | $0 | — | — |
| 2021 | $21K | $23K | $401K | $0 | — | — |
| 2020 | $15K | $31K | $404K | $0 | — | View 990 |
| 2019 | $26K | $34K | $420K | $0 | — | View 990 |
| 2018 | $24K | $36K | $428K | $0 | — | View 990 |
| 2016 | $28K | $42K | $451K | $0 | — | View 990 |
| 2015 | $24K | $34K | $472K | $0 | — | View 990 |
| 2014 | $23K | $41K | $482K | $0 | — | View 990 |
| 2013 | $17K | $49K | $500K | $0 | — | View 990 |
| 2012 | $84K | $41K | $531K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $66K, expenses of $29K, and assets of $450K (revenue +102.9% year-over-year).
- 2023: Revenue of $32K, expenses of $30K, and assets of $414K (revenue -15.3% year-over-year).
- 2022: Revenue of $38K, expenses of $28K, and assets of $412K (revenue +86.3% year-over-year).
- 2021: Revenue of $21K, expenses of $23K, and assets of $401K (revenue +39.0% year-over-year).
- 2020: Revenue of $15K, expenses of $31K, and assets of $404K (revenue -43.3% year-over-year).
- 2019: Revenue of $26K, expenses of $34K, and assets of $420K (revenue +6.1% year-over-year).
- 2018: Revenue of $24K, expenses of $36K, and assets of $428K (revenue -12.9% year-over-year).
- 2016: Revenue of $28K, expenses of $42K, and assets of $451K (revenue +18.5% year-over-year).
- 2015: Revenue of $24K, expenses of $34K, and assets of $472K (revenue +1.9% year-over-year).
- 2014: Revenue of $23K, expenses of $41K, and assets of $482K (revenue +33.6% year-over-year).
- 2013: Revenue of $17K, expenses of $49K, and assets of $500K (revenue -79.3% year-over-year).
- 2012: Revenue of $84K, expenses of $41K, and assets of $531K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Watkins Community Center Inc:
Data Sources and Methodology
This transparency report for Watkins Community Center 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.