Wbec Metro Ny And Greater Dmv Inc
Wbec Metro Ny And Greater Dmv Inc shows consistent revenue growth and no reported officer compensation over the past decade.
EIN: 134068968 · New York, NY · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $3.0M |
| Program Spending | 85% |
| Net Assets | $2.3M |
| Transparency Score | 90/100 |
Is Wbec Metro Ny And Greater Dmv Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wbec Metro Ny And Greater Dmv Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wbec Metro Ny And Greater Dmv Inc
Wbec Metro Ny And Greater Dmv Inc (EIN: 134068968) is a nonprofit organization based in New York, NY, classified under NTEE code B99. The organization reported total revenue of $3.5M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wbec Metro Ny And Greater Dmv Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wbec Metro Ny And Greater Dmv Inc is a mid-size nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $3.0M |
| Surplus / Deficit | $-152,236 |
| Total Assets | $3.0M |
| Total Liabilities | $630K |
| Net Assets | $2.3M |
| Operating Margin | -5.4% |
| Debt-to-Asset Ratio | 21.2% |
| Months of Reserves | 12.1 months |
Financial Health Grade: B
In 2023, Wbec Metro Ny And Greater Dmv Inc reported a deficit of $152K with expenses exceeding revenue, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 21.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wbec Metro Ny And Greater Dmv Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | +22.8% | +0.4% |
| 2022 | +9.8% | +13.8% | -1.8% |
| 2021 | +2.2% | -1.6% | +10.2% |
| 2020 | -8.5% | +5.8% | +14.5% |
| 2019 | +17.0% | +4.8% | +47.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1999 |
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 Wbec Metro Ny And Greater Dmv Inc with a Mission Score of 90 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, Wbec Metro Ny And Greater Dmv Inc 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:
- The organization reported a deficit of $152K, with expenses exceeding revenue.
- Debt-to-asset ratio: 21.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a strong dedication to directing funds towards its mission.
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 Wbec Metro Ny And Greater Dmv Inc's IRS 990 filings:
- Deficit in 2023: Expenses ($2,955,505) exceeded revenue ($2,803,269) by $152,236, which, while not a long-term trend, warrants monitoring.
Strengths
The following positive indicators were identified for Wbec Metro Ny And Greater Dmv Inc:
- Consistent revenue growth: Revenue increased from $1,501,332 in 2014 to $2,803,269 in 2023.
- No reported officer compensation: 0% officer compensation across all filings indicates high efficiency and dedication to mission.
- Strong asset growth: Assets grew from $1,150,821 in 2014 to $2,973,407 in 2023, enhancing long-term stability.
- Healthy asset-to-liability ratio: Assets consistently far exceed liabilities, indicating strong solvency.
Frequently Asked Questions about Wbec Metro Ny And Greater Dmv Inc
Is Wbec Metro Ny And Greater Dmv Inc a legitimate charity?
Wbec Metro Ny And Greater Dmv Inc (EIN: 134068968) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.5M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Wbec Metro Ny And Greater Dmv Inc spend its money?
Wbec Metro Ny And Greater Dmv Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Wbec Metro Ny And Greater Dmv Inc tax-deductible?
Wbec Metro Ny And Greater Dmv Inc is registered as a tax-exempt nonprofit (EIN: 134068968). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wbec Metro Ny And Greater Dmv Inc's spending goes to programs?
Wbec Metro Ny And Greater Dmv Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wbec Metro Ny And Greater Dmv Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Wbec Metro Ny And Greater Dmv Inc is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wbec Metro Ny And Greater Dmv Inc located?
Wbec Metro Ny And Greater Dmv Inc is headquartered in New York, New York and files with the IRS under EIN 134068968. It is classified under NTEE code B99.
How many years of IRS 990 filings does Wbec Metro Ny And Greater Dmv Inc have?
Wbec Metro Ny And Greater Dmv 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 $3.5M in total revenue.
Is Wbec Metro Ny And Greater Dmv Inc a good charity?
Based on the available IRS 990 data, Wbec Metro Ny And Greater Dmv Inc appears to be a good charity. It demonstrates consistent revenue growth, healthy asset accumulation, and notably, reports 0% officer compensation across all filings, suggesting a strong commitment to its mission and efficient use of funds.
How has the organization's revenue trended over the last decade?
The organization has shown consistent revenue growth over the last decade, increasing from $1,501,332 in 2014 to $2,803,269 in 2023, indicating a growing capacity to support its activities.
What is the organization's financial stability?
Wbec Metro Ny And Greater Dmv Inc appears financially stable, with assets consistently exceeding liabilities. For example, in 2023, assets were $2,973,407 against liabilities of $629,919, demonstrating a strong financial position.
Does the organization pay its officers?
According to all available IRS 990 filings, Wbec Metro Ny And Greater Dmv Inc reports 0% officer compensation, meaning no salaries are paid to its officers.
Filing History
IRS 990 filing history for Wbec Metro Ny And Greater Dmv Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wbec Metro Ny And Greater Dmv Inc's revenue has grown by 124%, moving from $1.3M to $2.8M. Total assets increased by 174.9% over the same period, from $1.1M to $3.0M. Total functional expenses rose by 147.4%, from $1.2M to $3.0M. In its most recent filing year (2023), Wbec Metro Ny And Greater Dmv Inc reported a deficit of $152K, with expenses exceeding revenue. The organization holds $630K in liabilities against $3.0M in assets (debt-to-asset ratio: 21.2%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $3.0M | $3.0M | $630K | — | — |
| 2022 | $2.6M | $2.4M | $3.0M | $623K | — | View 990 |
| 2021 | $2.3M | $2.1M | $3.0M | $640K | — | View 990 |
| 2020 | $2.3M | $2.1M | $2.7M | $649K | — | View 990 |
| 2019 | $2.5M | $2.0M | $2.4M | $502K | — | View 990 |
| 2018 | $2.1M | $1.9M | $1.6M | $311K | — | View 990 |
| 2017 | $1.9M | $1.8M | $1.5M | $325K | — | View 990 |
| 2016 | $1.6M | $1.7M | $1.3M | $258K | — | View 990 |
| 2015 | $1.7M | $1.5M | $1.3M | $234K | — | View 990 |
| 2014 | $1.5M | $1.4M | $1.2M | $173K | — | View 990 |
| 2013 | $1.4M | $1.3M | $996K | $126K | — | View 990 |
| 2012 | $1.3M | $1.2M | $874K | $82K | — | View 990 |
| 2011 | $1.3M | $1.2M | $1.1M | $408K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $3.0M, and assets of $3.0M (revenue +9.1% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.4M, and assets of $3.0M (revenue +9.8% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.1M, and assets of $3.0M (revenue +2.2% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.1M, and assets of $2.7M (revenue -8.5% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.0M, and assets of $2.4M (revenue +17.0% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.9M, and assets of $1.6M (revenue +15.3% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.8M, and assets of $1.5M (revenue +13.7% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.7M, and assets of $1.3M (revenue -1.4% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.5M, and assets of $1.3M (revenue +10.4% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.4M, and assets of $1.2M (revenue +7.9% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $996K (revenue +3.5% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.2M, and assets of $874K (revenue +7.4% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.2M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wbec Metro Ny And Greater Dmv Inc:
Data Sources and Methodology
This transparency report for Wbec Metro Ny And Greater Dmv 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.