Wbc Community Development Corporation
Wbc Community Development Corporation shows significant asset growth with consistent volunteer leadership, but recent filing data is incomplete.
EIN: 202652453 · Baltimore, MD · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $832K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5,668,283 |
| Net Assets | $1 |
| Transparency Score | 80/100 |
Is Wbc Community Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wbc Community Development Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wbc Community Development Corporation
Wbc Community Development Corporation (EIN: 202652453) is a nonprofit organization based in Baltimore, MD, classified under NTEE code L20. The organization reported total revenue of $832K and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wbc Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wbc Community Development Corporation is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.0% | -100.0% | -100.0% |
| 2022 | +26.7% | +11.2% | +22.4% |
| 2021 | -42.2% | +4.5% | +17.7% |
| 2020 | +48.9% | +114.3% | +90.4% |
| 2019 | +880.2% | +94.0% | -2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wbc Community Development Corporation with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Wbc Community Development Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly unusual for an organization with current assets of $5,668,283 and past revenues up to $256,607.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Wbc Community Development Corporation's IRS 990 filings:
- Incomplete 2023 filing with $0 revenue and expenses, yet $1 asset, raising questions about current operations.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes precise efficiency assessment difficult.
Strengths
The following positive indicators were identified for Wbc Community Development Corporation:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership and low administrative overhead.
- Significant growth in assets over time, from $114,834 in 2013 to $5,668,283 currently, suggesting financial stability and capacity.
- Long history of IRS 990 filings (12 filings), demonstrating a commitment to transparency and compliance.
Frequently Asked Questions about Wbc Community Development Corporation
Is Wbc Community Development Corporation a legitimate charity?
Wbc Community Development Corporation (EIN: 202652453) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 80/100. It has 12 years of IRS 990 filings on record. Total revenue: $832K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Wbc Community Development Corporation spend its money?
Wbc Community Development Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Wbc Community Development Corporation tax-deductible?
Wbc Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 202652453). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wbc Community Development Corporation CEO make?
Wbc Community Development Corporation's highest-compensated officer earns $5,668,283 annually. The organization reported $832K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Wbc Community Development Corporation's spending goes to programs?
Wbc Community Development Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wbc Community Development Corporation compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Wbc Community Development Corporation is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wbc Community Development Corporation located?
Wbc Community Development Corporation is headquartered in Baltimore, Maryland and files with the IRS under EIN 202652453. It is classified under NTEE code L20.
How many years of IRS 990 filings does Wbc Community Development Corporation have?
Wbc Community Development Corporation 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 $832K in total revenue.
What caused the significant increase in assets to $5,668,283, especially given the reported revenue figures?
The provided data shows a substantial jump in assets, from $744,499 in 2022 to $5,668,283 currently, without a corresponding large revenue spike in the latest reported periods. This could be due to significant non-cash contributions, investments, or a major capital project, which is not detailed in the summary.
Why did the 2023 filing report $0 revenue and $0 expenses, but $1 in assets?
The 2023 filing appears to be an anomaly, potentially indicating a period of inactivity, a placeholder filing, or an error in the summary data provided. It warrants clarification to understand the organization's operational status for that year.
How does Wbc Community Development Corporation manage to operate with zero officer compensation?
The consistent reporting of 0% officer compensation suggests that all leadership roles are filled by volunteers. This is a significant strength in terms of minimizing administrative costs but also raises questions about the sustainability and capacity of such a model for an organization with growing assets.
What are the specific program activities and their associated costs?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. Understanding the specific program activities and their costs is crucial for assessing the organization's impact and efficiency.
Filing History
IRS 990 filing history for Wbc Community Development Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Wbc Community Development Corporation's revenue has declined by 100%, moving from $65K to $0. Total assets decreased by 100% over the same period, from $326K to $1. Total functional expenses fell by 100%, from $68K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $0 | $1 | $0 | — | View 990 |
| 2022 | $257K | $97K | $744K | $6K | — | View 990 |
| 2021 | $203K | $88K | $608K | $29K | — | View 990 |
| 2020 | $351K | $84K | $516K | $52K | — | View 990 |
| 2019 | $235K | $39K | $271K | $74K | — | View 990 |
| 2017 | $24K | $20K | $279K | $208K | — | View 990 |
| 2016 | $57K | $57K | $243K | $176K | — | View 990 |
| 2015 | $32K | $93K | $208K | $141K | — | View 990 |
| 2014 | $243K | $250K | $117K | $77K | — | View 990 |
| 2013 | $61K | $120K | $115K | $0 | — | View 990 |
| 2012 | $303K | $68K | $502K | $0 | — | View 990 |
| 2011 | $65K | $68K | $326K | $311K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2022: Revenue of $257K, expenses of $97K, and assets of $744K (revenue +26.7% year-over-year).
- 2021: Revenue of $203K, expenses of $88K, and assets of $608K (revenue -42.2% year-over-year).
- 2020: Revenue of $351K, expenses of $84K, and assets of $516K (revenue +48.9% year-over-year).
- 2019: Revenue of $235K, expenses of $39K, and assets of $271K (revenue +880.2% year-over-year).
- 2017: Revenue of $24K, expenses of $20K, and assets of $279K (revenue -57.8% year-over-year).
- 2016: Revenue of $57K, expenses of $57K, and assets of $243K (revenue +80.2% year-over-year).
- 2015: Revenue of $32K, expenses of $93K, and assets of $208K (revenue -87.0% year-over-year).
- 2014: Revenue of $243K, expenses of $250K, and assets of $117K (revenue +298.4% year-over-year).
- 2013: Revenue of $61K, expenses of $120K, and assets of $115K (revenue -79.9% year-over-year).
- 2012: Revenue of $303K, expenses of $68K, and assets of $502K (revenue +365.0% year-over-year).
- 2011: Revenue of $65K, expenses of $68K, and assets of $326K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wbc Community Development Corporation:
Data Sources and Methodology
This transparency report for Wbc Community Development Corporation 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.