Wayne County Senior Citizens Inc
EIN: 620928523 · Waynesboro, TN · NTEE: P81Z
| Metric | Value |
|---|---|
| Total Revenue | $96K |
| Total Expenses | $61K |
| Net Assets | $37K |
Is Wayne County Senior Citizens Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wayne County Senior Citizens Inc
Wayne County Senior Citizens Inc (EIN: 620928523) is a nonprofit organization based in Waynesboro, TN, classified under NTEE code P81Z. The organization reported total revenue of $96K and total assets of $64K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wayne County Senior Citizens Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wayne County Senior Citizens Inc is a micro nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $61K |
| Surplus / Deficit | +$1K |
| Total Assets | $37K |
| Net Assets | $37K |
| Operating Margin | 1.9% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2024, Wayne County Senior Citizens Inc reported a surplus of $1K with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Wayne County Senior Citizens Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -16.8% | -29.2% | +3.3% |
| 2023 | -20.0% | -11.4% | -24.1% |
| 2022 | +8.3% | +10.7% | -7.4% |
| 2021 | +25.7% | +45.9% | -3.0% |
| 2020 | +17.8% | +0.2% | +19.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wayne County Senior Citizens 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 Wayne County Senior Citizens 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 $1K, with revenue exceeding expenses.
Frequently Asked Questions about Wayne County Senior Citizens Inc
Is Wayne County Senior Citizens Inc a legitimate charity?
Wayne County Senior Citizens Inc (EIN: 620928523) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $96K. No red flags identified. Financial health grade: A.
How does Wayne County Senior Citizens Inc spend its money?
Wayne County Senior Citizens Inc reported $96K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wayne County Senior Citizens Inc tax-deductible?
Wayne County Senior Citizens Inc is registered as a tax-exempt nonprofit (EIN: 620928523). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wayne County Senior Citizens Inc located?
Wayne County Senior Citizens Inc is headquartered in Waynesboro, Tennessee and files with the IRS under EIN 620928523. It is classified under NTEE code P81Z.
How many years of IRS 990 filings does Wayne County Senior Citizens Inc have?
Wayne County Senior Citizens Inc has 13 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 $96K in total revenue.
Filing History
IRS 990 filing history for Wayne County Senior Citizens Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Wayne County Senior Citizens Inc's revenue has declined by 14.5%, moving from $73K to $62K. Total assets increased by 1360.6% over the same period, from $3K to $37K. Total functional expenses fell by 14.5%, from $71K to $61K. In its most recent filing year (2024), Wayne County Senior Citizens Inc reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $62K | $61K | $37K | $0 | — | — |
| 2023 | $75K | $86K | $36K | $0 | — | View 990 |
| 2022 | $94K | $97K | $47K | $0 | — | View 990 |
| 2021 | $86K | $88K | $51K | $0 | — | — |
| 2020 | $69K | $60K | $53K | $0 | — | View 990 |
| 2019 | $58K | $60K | $44K | $0 | — | View 990 |
| 2018 | $65K | $59K | $46K | $0 | — | View 990 |
| 2017 | $67K | $62K | $40K | $0 | — | View 990 |
| 2016 | $72K | $59K | $36K | $0 | — | View 990 |
| 2015 | $61K | $59K | $23K | $0 | — | View 990 |
| 2014 | $72K | $68K | $21K | $0 | — | View 990 |
| 2013 | $81K | $66K | $17K | $0 | — | View 990 |
| 2012 | $73K | $71K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $62K, expenses of $61K, and assets of $37K (revenue -16.8% year-over-year).
- 2023: Revenue of $75K, expenses of $86K, and assets of $36K (revenue -20.0% year-over-year).
- 2022: Revenue of $94K, expenses of $97K, and assets of $47K (revenue +8.3% year-over-year).
- 2021: Revenue of $86K, expenses of $88K, and assets of $51K (revenue +25.7% year-over-year).
- 2020: Revenue of $69K, expenses of $60K, and assets of $53K (revenue +17.8% year-over-year).
- 2019: Revenue of $58K, expenses of $60K, and assets of $44K (revenue -10.3% year-over-year).
- 2018: Revenue of $65K, expenses of $59K, and assets of $46K (revenue -2.7% year-over-year).
- 2017: Revenue of $67K, expenses of $62K, and assets of $40K (revenue -6.8% year-over-year).
- 2016: Revenue of $72K, expenses of $59K, and assets of $36K (revenue +18.0% year-over-year).
- 2015: Revenue of $61K, expenses of $59K, and assets of $23K (revenue -15.3% year-over-year).
- 2014: Revenue of $72K, expenses of $68K, and assets of $21K (revenue -11.0% year-over-year).
- 2013: Revenue of $81K, expenses of $66K, and assets of $17K (revenue +10.9% year-over-year).
- 2012: Revenue of $73K, expenses of $71K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wayne County Senior Citizens Inc:
Data Sources and Methodology
This transparency report for Wayne County Senior Citizens 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.