Wawatam Area Senior Citizens
EIN: 300484278 · Mackinaw City, MI · NTEE: P80
| Metric | Value |
|---|---|
| Total Revenue | $181K |
| Total Expenses | $183K |
| Net Assets | $26K |
Is Wawatam Area Senior Citizens Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wawatam Area Senior Citizens
Wawatam Area Senior Citizens (EIN: 300484278) is a nonprofit organization based in Mackinaw City, MI, classified under NTEE code P80. The organization reported total revenue of $181K and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wawatam Area Senior Citizens's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wawatam Area Senior Citizens is a small nonprofit that has been operating for 18 years, with 15 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $171K |
| Total Expenses | $183K |
| Surplus / Deficit | $-12,304 |
| Total Assets | $28K |
| Total Liabilities | $3K |
| Net Assets | $26K |
| Operating Margin | -7.2% |
| Debt-to-Asset Ratio | 9.9% |
| Months of Reserves | 1.9 months |
Financial Health Grade: C
In 2023, Wawatam Area Senior Citizens reported a deficit of $12K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 9.9% (very low leverage).
Financial Trends
Over 15 years of filings (2009–2023), Wawatam Area Senior Citizens's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.7% | +9.9% | -40.4% |
| 2022 | +8.3% | +11.6% | -0.1% |
| 2021 | +3.4% | +15.3% | +0.8% |
| 2020 | -12.3% | -21.3% | +30.7% |
| 2019 | -0.1% | +4.4% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wawatam Area Senior Citizens 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 Wawatam Area Senior Citizens 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 $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.9%.
Frequently Asked Questions about Wawatam Area Senior Citizens
Is Wawatam Area Senior Citizens a legitimate charity?
Based on AI analysis of IRS 990 filings, Wawatam Area Senior Citizens (EIN: 300484278) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wawatam Area Senior Citizens spend its money?
Detailed spending breakdown data is not yet available for Wawatam Area Senior Citizens. Check back for updated IRS 990 analysis.
Are donations to Wawatam Area Senior Citizens tax-deductible?
Wawatam Area Senior Citizens is registered as a tax-exempt nonprofit (EIN: 300484278). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wawatam Area Senior Citizens located?
Wawatam Area Senior Citizens is headquartered in Mackinaw City, Michigan and files with the IRS under EIN 300484278. It is classified under NTEE code P80.
How many years of IRS 990 filings does Wawatam Area Senior Citizens have?
Wawatam Area Senior Citizens 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 $181K in total revenue.
Filing History
IRS 990 filing history for Wawatam Area Senior Citizens showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2009–2023), Wawatam Area Senior Citizens's revenue has grown by 162.7%, moving from $65K to $171K. Total assets decreased by 46.2% over the same period, from $53K to $28K. Total functional expenses rose by 333.4%, from $42K to $183K. In its most recent filing year (2023), Wawatam Area Senior Citizens reported a deficit of $12K, with expenses exceeding revenue. The organization holds $3K in liabilities against $28K in assets (debt-to-asset ratio: 9.9%), resulting in net assets of $26K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $171K | $183K | $28K | $3K | — | View 990 |
| 2022 | $160K | $167K | $48K | $10K | — | View 990 |
| 2021 | $148K | $149K | $48K | $3K | — | — |
| 2020 | $143K | $130K | $47K | $2K | — | — |
| 2019 | $163K | $165K | $36K | $4K | — | View 990 |
| 2018 | $163K | $158K | $37K | $3K | — | View 990 |
| 2017 | $162K | $160K | $34K | $6K | — | View 990 |
| 2016 | $154K | $163K | $31K | $5K | — | View 990 |
| 2015 | $147K | $145K | $54K | $0 | — | View 990 |
| 2014 | $84K | $76K | $53K | $0 | — | View 990 |
| 2014 | $154K | $155K | $45K | $0 | — | View 990 |
| 2013 | $151K | $148K | $46K | $0 | — | View 990 |
| 2012 | $156K | $159K | $43K | $0 | — | View 990 |
| 2010 | $152K | $123K | $55K | $26K | — | — |
| 2009 | $65K | $42K | $53K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $171K, expenses of $183K, and assets of $28K (revenue +6.7% year-over-year).
- 2022: Revenue of $160K, expenses of $167K, and assets of $48K (revenue +8.3% year-over-year).
- 2021: Revenue of $148K, expenses of $149K, and assets of $48K (revenue +3.4% year-over-year).
- 2020: Revenue of $143K, expenses of $130K, and assets of $47K (revenue -12.3% year-over-year).
- 2019: Revenue of $163K, expenses of $165K, and assets of $36K (revenue -0.1% year-over-year).
- 2018: Revenue of $163K, expenses of $158K, and assets of $37K (revenue +1.1% year-over-year).
- 2017: Revenue of $162K, expenses of $160K, and assets of $34K (revenue +4.7% year-over-year).
- 2016: Revenue of $154K, expenses of $163K, and assets of $31K (revenue +5.4% year-over-year).
- 2015: Revenue of $147K, expenses of $145K, and assets of $54K (revenue +74.8% year-over-year).
- 2014: Revenue of $84K, expenses of $76K, and assets of $53K (revenue -45.6% year-over-year).
- 2014: Revenue of $154K, expenses of $155K, and assets of $45K (revenue +2.1% year-over-year).
- 2013: Revenue of $151K, expenses of $148K, and assets of $46K (revenue -3.4% year-over-year).
- 2012: Revenue of $156K, expenses of $159K, and assets of $43K (revenue +3.2% year-over-year).
- 2010: Revenue of $152K, expenses of $123K, and assets of $55K (revenue +132.9% year-over-year).
- 2009: Revenue of $65K, expenses of $42K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wawatam Area Senior Citizens:
Data Sources and Methodology
This transparency report for Wawatam Area Senior Citizens 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.