Wayne Montgomery Old Paths Tract Society
EIN: 350865294 · Shoals, IN · NTEE: A82Z
| Metric | Value |
|---|---|
| Total Revenue | $698K |
| Total Expenses | $630K |
| Net Assets | $418K |
Is Wayne Montgomery Old Paths Tract Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wayne Montgomery Old Paths Tract Society
Wayne Montgomery Old Paths Tract Society (EIN: 350865294) is a nonprofit organization based in Shoals, IN, classified under NTEE code A82Z. The organization reported total revenue of $698K and total assets of $427K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wayne Montgomery Old Paths Tract Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wayne Montgomery Old Paths Tract Society is a small nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 73.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $700K |
| Total Expenses | $630K |
| Surplus / Deficit | +$70K |
| Total Assets | $418K |
| Net Assets | $418K |
| Operating Margin | 10.0% |
| Months of Reserves | 8.0 months |
Financial Health Grade: A
In 2023, Wayne Montgomery Old Paths Tract Society reported a surplus of $70K with revenue exceeding expenses, holds 8.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Wayne Montgomery Old Paths Tract Society's revenue has grown at a compound annual growth rate (CAGR) of 73.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.8% | -2.2% | +20.0% |
| 2022 | -10.8% | +12.9% | -14.7% |
| 2021 | +29.3% | +9.5% | +26.0% |
| 2020 | -11.5% | -5.8% | -4.3% |
| 2019 | +2.6% | +4.0% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wayne Montgomery Old Paths Tract Society 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 Montgomery Old Paths Tract Society 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 surplus of $70K, with revenue exceeding expenses.
Frequently Asked Questions about Wayne Montgomery Old Paths Tract Society
Is Wayne Montgomery Old Paths Tract Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Wayne Montgomery Old Paths Tract Society (EIN: 350865294) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wayne Montgomery Old Paths Tract Society spend its money?
Detailed spending breakdown data is not yet available for Wayne Montgomery Old Paths Tract Society. Check back for updated IRS 990 analysis.
Are donations to Wayne Montgomery Old Paths Tract Society tax-deductible?
Wayne Montgomery Old Paths Tract Society is registered as a tax-exempt nonprofit (EIN: 350865294). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wayne Montgomery Old Paths Tract Society located?
Wayne Montgomery Old Paths Tract Society is headquartered in Shoals, Indiana and files with the IRS under EIN 350865294. It is classified under NTEE code A82Z.
How many years of IRS 990 filings does Wayne Montgomery Old Paths Tract Society have?
Wayne Montgomery Old Paths Tract Society 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 $698K in total revenue.
Filing History
IRS 990 filing history for Wayne Montgomery Old Paths Tract Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wayne Montgomery Old Paths Tract Society's revenue has grown by 75025.1%, moving from $932 to $700K. Total assets decreased by 6.2% over the same period, from $446K to $418K. Total functional expenses fell by 1%, from $636K to $630K. In its most recent filing year (2023), Wayne Montgomery Old Paths Tract Society reported a surplus of $70K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $700K | $630K | $418K | $0 | — | View 990 |
| 2022 | $585K | $645K | $348K | $0 | — | View 990 |
| 2021 | $656K | $571K | $408K | $0 | — | View 990 |
| 2020 | $507K | $522K | $324K | $0 | — | View 990 |
| 2019 | $573K | $554K | $339K | $0 | — | View 990 |
| 2018 | $559K | $532K | $319K | $0 | — | View 990 |
| 2017 | $508K | $522K | $293K | $0 | — | View 990 |
| 2016 | $652K | $565K | $306K | $0 | — | View 990 |
| 2015 | $526K | $616K | $219K | $0 | — | View 990 |
| 2014 | $548K | $576K | $310K | $0 | — | View 990 |
| 2013 | $543K | $567K | $337K | $0 | — | View 990 |
| 2012 | $576K | $1.3M | $362K | $0 | — | View 990 |
| 2011 | $932 | $636K | $446K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $700K, expenses of $630K, and assets of $418K (revenue +19.8% year-over-year).
- 2022: Revenue of $585K, expenses of $645K, and assets of $348K (revenue -10.8% year-over-year).
- 2021: Revenue of $656K, expenses of $571K, and assets of $408K (revenue +29.3% year-over-year).
- 2020: Revenue of $507K, expenses of $522K, and assets of $324K (revenue -11.5% year-over-year).
- 2019: Revenue of $573K, expenses of $554K, and assets of $339K (revenue +2.6% year-over-year).
- 2018: Revenue of $559K, expenses of $532K, and assets of $319K (revenue +9.9% year-over-year).
- 2017: Revenue of $508K, expenses of $522K, and assets of $293K (revenue -22.1% year-over-year).
- 2016: Revenue of $652K, expenses of $565K, and assets of $306K (revenue +24.1% year-over-year).
- 2015: Revenue of $526K, expenses of $616K, and assets of $219K (revenue -4.0% year-over-year).
- 2014: Revenue of $548K, expenses of $576K, and assets of $310K (revenue +1.0% year-over-year).
- 2013: Revenue of $543K, expenses of $567K, and assets of $337K (revenue -5.8% year-over-year).
- 2012: Revenue of $576K, expenses of $1.3M, and assets of $362K (revenue +61701.1% year-over-year).
- 2011: Revenue of $932, expenses of $636K, and assets of $446K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wayne Montgomery Old Paths Tract Society:
Data Sources and Methodology
This transparency report for Wayne Montgomery Old Paths Tract Society 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.