Waverly Community Foundation
EIN: 363711198 · Waverly, NE · NTEE: T31Z
| Metric | Value |
|---|---|
| Total Revenue | $724K |
| Total Expenses | $188K |
| Net Assets | $535K |
Is Waverly Community Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Waverly Community Foundation
Waverly Community Foundation (EIN: 363711198) is a nonprofit organization based in Waverly, NE, classified under NTEE code T31Z. The organization reported total revenue of $724K and total assets of $528K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waverly Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waverly Community Foundation is a small nonprofit that has been operating for 32 years, with 15 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 28.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $185K |
| Total Expenses | $188K |
| Surplus / Deficit | $-3,664 |
| Total Assets | $536K |
| Total Liabilities | $674 |
| Net Assets | $535K |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 34.1 months |
Financial Health Grade: B
In 2024, Waverly Community Foundation reported a deficit of $4K with expenses exceeding revenue, holds 34.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 15 years of filings (2011–2024), Waverly Community Foundation's revenue has grown at a compound annual growth rate (CAGR) of 28.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.6% | -11.5% | -0.7% |
| 2023 | +221.4% | +189.0% | -6.0% |
| 2022 | -69.1% | -50.0% | -3.1% |
| 2021 | +19.0% | -28.5% | +4.1% |
| 2020 | -23.2% | -12.8% | -7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Waverly Community Foundation 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 Waverly Community Foundation 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 deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Waverly Community Foundation
Is Waverly Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Waverly Community Foundation (EIN: 363711198) insufficient data. 0 red flags identified, 0 strengths noted.
How does Waverly Community Foundation spend its money?
Detailed spending breakdown data is not yet available for Waverly Community Foundation. Check back for updated IRS 990 analysis.
Are donations to Waverly Community Foundation tax-deductible?
Waverly Community Foundation is registered as a tax-exempt nonprofit (EIN: 363711198). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Waverly Community Foundation located?
Waverly Community Foundation is headquartered in Waverly, Nebraska and files with the IRS under EIN 363711198. It is classified under NTEE code T31Z.
How many years of IRS 990 filings does Waverly Community Foundation have?
Waverly Community Foundation has 15 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 $724K in total revenue.
Filing History
IRS 990 filing history for Waverly Community Foundation showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2011–2024), Waverly Community Foundation's revenue has grown by 2564.5%, moving from $7K to $185K. Total assets decreased by 1% over the same period, from $541K to $536K. Total functional expenses rose by 1886.6%, from $9K to $188K. In its most recent filing year (2024), Waverly Community Foundation reported a deficit of $4K, with expenses exceeding revenue. The organization holds $674 in liabilities against $536K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $535K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $185K | $188K | $536K | $674 | — | View 990 |
| 2023 | $178K | $213K | $540K | $655 | — | View 990 |
| 2022 | $55K | $74K | $574K | $642 | — | View 990 |
| 2021 | $180K | $147K | $592K | $545 | — | View 990 |
| 2020 | $151K | $206K | $569K | $10K | — | View 990 |
| 2019 | $197K | $236K | $615K | $952 | — | View 990 |
| 2018 | $210K | $227K | $654K | $551 | — | View 990 |
| 2017 | $158K | $174K | $671K | $422 | — | View 990 |
| 2016 | $158K | $172K | $687K | $805 | — | View 990 |
| 2015 | $167K | $168K | $701K | $559 | — | View 990 |
| 2014 | $163K | $178K | $701K | $384 | — | View 990 |
| 2013 | $319K | $144K | $716K | $424 | — | View 990 |
| 2012 | $7K | $9K | $541K | $0 | — | View 990 |
| 2012 | $37K | $46K | $544K | $0 | — | View 990 |
| 2011 | $7K | $9K | $541K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $185K, expenses of $188K, and assets of $536K (revenue +3.6% year-over-year).
- 2023: Revenue of $178K, expenses of $213K, and assets of $540K (revenue +221.4% year-over-year).
- 2022: Revenue of $55K, expenses of $74K, and assets of $574K (revenue -69.1% year-over-year).
- 2021: Revenue of $180K, expenses of $147K, and assets of $592K (revenue +19.0% year-over-year).
- 2020: Revenue of $151K, expenses of $206K, and assets of $569K (revenue -23.2% year-over-year).
- 2019: Revenue of $197K, expenses of $236K, and assets of $615K (revenue -6.5% year-over-year).
- 2018: Revenue of $210K, expenses of $227K, and assets of $654K (revenue +33.3% year-over-year).
- 2017: Revenue of $158K, expenses of $174K, and assets of $671K (revenue -0.3% year-over-year).
- 2016: Revenue of $158K, expenses of $172K, and assets of $687K (revenue -5.4% year-over-year).
- 2015: Revenue of $167K, expenses of $168K, and assets of $701K (revenue +2.8% year-over-year).
- 2014: Revenue of $163K, expenses of $178K, and assets of $701K (revenue -48.9% year-over-year).
- 2013: Revenue of $319K, expenses of $144K, and assets of $716K (revenue +4496.3% year-over-year).
- 2012: Revenue of $7K, expenses of $9K, and assets of $541K (revenue -81.1% year-over-year).
- 2012: Revenue of $37K, expenses of $46K, and assets of $544K (revenue +430.4% year-over-year).
- 2011: Revenue of $7K, expenses of $9K, and assets of $541K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waverly Community Foundation:
Data Sources and Methodology
This transparency report for Waverly Community Foundation 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.