Wcccd Scholarship Committee
Wcccd Scholarship Committee maintains strong assets and zero officer compensation despite fluctuating revenues.
EIN: 113796592 · Detroit, MI · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $213K |
| Total Expenses | $224K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.7M |
| Transparency Score | 92/100 |
Is Wcccd Scholarship Committee Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wcccd Scholarship Committee directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wcccd Scholarship Committee
Wcccd Scholarship Committee (EIN: 113796592) is a nonprofit organization based in Detroit, MI, classified under NTEE code B11. The organization reported total revenue of $213K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wcccd Scholarship Committee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wcccd Scholarship Committee is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 22.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $216K |
| Total Expenses | $224K |
| Surplus / Deficit | $-7,475 |
| Total Assets | $2.0M |
| Total Liabilities | $393K |
| Net Assets | $1.7M |
| Operating Margin | -3.5% |
| Debt-to-Asset Ratio | 19.2% |
| Months of Reserves | 109.8 months |
Financial Health Grade: B
In 2024, Wcccd Scholarship Committee reported a deficit of $7K with expenses exceeding revenue, holds 109.8 months of operating reserves (strong position), has a debt-to-asset ratio of 19.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2024), Wcccd Scholarship Committee's revenue has grown at a compound annual growth rate (CAGR) of 22.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -25.4% | -31.5% | +0.8% |
| 2023 | -51.4% | +66.7% | +4.7% |
| 2022 | +1137.9% | +121.4% | +39.9% |
| 2021 | -37.0% | +233.4% | +1.6% |
| 2020 | -54.8% | -25.5% | +3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Wcccd Scholarship Committee with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Wcccd Scholarship Committee allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for a nonprofit of its size with over $2 million in assets.
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 Wcccd Scholarship Committee's IRS 990 filings:
- Significant year-to-year fluctuations in revenue and expenses, which could indicate inconsistent funding sources or program activity.
Strengths
The following positive indicators were identified for Wcccd Scholarship Committee:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Strong and growing asset base, increasing from $934,228 in 201506 to over $2 million in 202406, demonstrating financial stability.
- Healthy asset-to-liability ratio, with assets of $2,048,802 against liabilities of $392,939 in 202406.
Frequently Asked Questions about Wcccd Scholarship Committee
Is Wcccd Scholarship Committee a legitimate charity?
Based on AI analysis of IRS 990 filings, Wcccd Scholarship Committee (EIN: 113796592) some concerns. Mission Score: 92/100. 1 red flag identified, 3 strengths noted.
How does Wcccd Scholarship Committee spend its money?
Wcccd Scholarship Committee directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wcccd Scholarship Committee tax-deductible?
Wcccd Scholarship Committee is registered as a tax-exempt nonprofit (EIN: 113796592). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wcccd Scholarship Committee CEO make?
Wcccd Scholarship Committee's highest-compensated officer earns $2 annually. The organization reported $213K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Wcccd Scholarship Committee's spending goes to programs?
Wcccd Scholarship Committee directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Wcccd Scholarship Committee compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Wcccd Scholarship Committee is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wcccd Scholarship Committee located?
Wcccd Scholarship Committee is headquartered in Detroit, Michigan and files with the IRS under EIN 113796592. It is classified under NTEE code B11.
How many years of IRS 990 filings does Wcccd Scholarship Committee have?
Wcccd Scholarship Committee 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 $213K in total revenue.
Is Wcccd Scholarship Committee a good charity?
Based on the available data, Wcccd Scholarship Committee appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds to its mission. Its asset base has grown significantly over the past decade, from $934,228 in 201506 to over $2 million in 202406, demonstrating financial stability and growth.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets growing from $934,228 in 201506 to $2,048,802 in 202406. While revenues and expenses have fluctuated significantly year-to-year (e.g., revenue of $596,651 in 202206 vs. $48,200 in 202106), the overall trend in assets indicates long-term stability and growth.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, with 0% officer compensation reported in all available filings. This suggests that leadership is either volunteer-based or compensated through other means not reported as officer compensation, allowing more funds to be directed to programs.
Filing History
IRS 990 filing history for Wcccd Scholarship Committee showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Wcccd Scholarship Committee's revenue has grown by 1282.3%, moving from $16K to $216K. Total assets increased by 140.2% over the same period, from $853K to $2.0M. Total functional expenses rose by 2172.3%, from $10K to $224K. In its most recent filing year (2024), Wcccd Scholarship Committee reported a deficit of $7K, with expenses exceeding revenue. The organization holds $393K in liabilities against $2.0M in assets (debt-to-asset ratio: 19.2%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $216K | $224K | $2.0M | $393K | — | — |
| 2023 | $290K | $327K | $2.0M | $369K | — | View 990 |
| 2022 | $597K | $196K | $1.9M | $241K | — | View 990 |
| 2021 | $48K | $89K | $1.4M | $89K | — | View 990 |
| 2020 | $77K | $27K | $1.4M | $27K | — | View 990 |
| 2019 | $169K | $36K | $1.3M | $36K | — | View 990 |
| 2018 | $111K | $131K | $1.2M | $0 | — | View 990 |
| 2017 | $120K | $17K | $1.1M | $0 | — | View 990 |
| 2016 | $69K | $20K | $974K | $0 | — | View 990 |
| 2015 | $88K | $18K | $934K | $10K | — | View 990 |
| 2014 | $28K | $16K | $914K | $59K | — | View 990 |
| 2012 | $22K | $11K | $864K | $25K | — | View 990 |
| 2011 | $16K | $10K | $853K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $216K, expenses of $224K, and assets of $2.0M (revenue -25.4% year-over-year).
- 2023: Revenue of $290K, expenses of $327K, and assets of $2.0M (revenue -51.4% year-over-year).
- 2022: Revenue of $597K, expenses of $196K, and assets of $1.9M (revenue +1137.9% year-over-year).
- 2021: Revenue of $48K, expenses of $89K, and assets of $1.4M (revenue -37.0% year-over-year).
- 2020: Revenue of $77K, expenses of $27K, and assets of $1.4M (revenue -54.8% year-over-year).
- 2019: Revenue of $169K, expenses of $36K, and assets of $1.3M (revenue +52.0% year-over-year).
- 2018: Revenue of $111K, expenses of $131K, and assets of $1.2M (revenue -7.2% year-over-year).
- 2017: Revenue of $120K, expenses of $17K, and assets of $1.1M (revenue +72.9% year-over-year).
- 2016: Revenue of $69K, expenses of $20K, and assets of $974K (revenue -21.5% year-over-year).
- 2015: Revenue of $88K, expenses of $18K, and assets of $934K (revenue +212.0% year-over-year).
- 2014: Revenue of $28K, expenses of $16K, and assets of $914K (revenue +29.6% year-over-year).
- 2012: Revenue of $22K, expenses of $11K, and assets of $864K (revenue +39.7% year-over-year).
- 2011: Revenue of $16K, expenses of $10K, and assets of $853K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wcccd Scholarship Committee:
Data Sources and Methodology
This transparency report for Wcccd Scholarship Committee 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.