Wecoach Inc
Wecoach Inc shows consistent revenue growth and no reported officer compensation across all filings.
EIN: 200059540 · Tallahassee, FL · NTEE: B99 · Updated: 2026-03-28
Is Wecoach Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wecoach Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wecoach Inc
Wecoach Inc (EIN: 200059540) is a nonprofit organization based in Tallahassee, FL, classified under NTEE code B99. The organization reported total revenue of $754K and total assets of $570K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wecoach Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wecoach Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $979K |
| Total Expenses | $867K |
| Surplus / Deficit | +$112K |
| Total Assets | $759K |
| Total Liabilities | $44K |
| Net Assets | $714K |
| Operating Margin | 11.5% |
| Debt-to-Asset Ratio | 5.9% |
| Months of Reserves | 10.5 months |
Financial Health Grade: A
In 2023, Wecoach Inc reported a surplus of $112K with revenue exceeding expenses, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 5.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wecoach Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +64.8% | +69.0% | -5.0% |
| 2022 | +29.8% | +19.4% | +46.2% |
| 2021 | +15.7% | -2.3% | +0.5% |
| 2020 | -42.8% | -33.4% | -9.3% |
| 2019 | +5.5% | -2.6% | -2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Wecoach Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Wecoach Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $112K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.9%.
Executive Compensation Analysis
Wecoach Inc consistently reports 0% officer compensation across all 13 available IRS 990 filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and revenue, suggesting a strong volunteer leadership or alternative compensation structures not reported as officer pay.
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 Wecoach Inc's IRS 990 filings:
- Unusually low liabilities relative to assets, which could indicate conservative accounting or minimal operational debt.
- No reported officer compensation across all filings, which, while positive for mission spending, is atypical for an organization of this scale and might warrant further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Wecoach Inc:
- Consistent revenue growth, reaching $978,718 in 2023, demonstrating strong financial support.
- Zero reported officer compensation across all 13 filings, indicating a high commitment to directing funds towards programmatic activities.
- Healthy asset base ($758,574 in 2023) with low liabilities ($44,475 in 2023), reflecting strong financial management and stability.
- Positive net income in most recent periods, showing efficient management of expenses relative to revenue.
- Long filing history (13 filings) demonstrating consistent compliance and operational longevity.
Frequently Asked Questions about Wecoach Inc
Is Wecoach Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wecoach Inc (EIN: 200059540) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Wecoach Inc spend its money?
Wecoach Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wecoach Inc tax-deductible?
Wecoach Inc is registered as a tax-exempt nonprofit (EIN: 200059540). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Wecoach Inc a good charity?
Based on its financial data, Wecoach Inc appears to be a very good charity. It demonstrates strong financial health with consistent revenue growth, controlled expenses, and a remarkable commitment to transparency by reporting 0% officer compensation across all filings. This suggests a high dedication to its mission.
How has Wecoach Inc's revenue trended over time?
Wecoach Inc has shown a strong upward trend in revenue, growing from $466,290 in 2015 to $978,718 in 2023, with only minor fluctuations, indicating sustained growth and fundraising success.
What is Wecoach Inc's financial stability?
Wecoach Inc exhibits strong financial stability. Its assets have grown to $758,574 in 2023, significantly outweighing its liabilities of $44,475, and it has consistently maintained positive net assets, indicating a healthy financial position.
Filing History
IRS 990 filing history for Wecoach Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wecoach Inc's revenue has grown by 1127.4%, moving from $80K to $979K. Total assets increased by 294.6% over the same period, from $192K to $759K. Total functional expenses rose by 91.2%, from $453K to $867K. In its most recent filing year (2023), Wecoach Inc reported a surplus of $112K, with revenue exceeding expenses. The organization holds $44K in liabilities against $759K in assets (debt-to-asset ratio: 5.9%), resulting in net assets of $714K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $979K | $867K | $759K | $44K | — | — |
| 2022 | $594K | $513K | $798K | $197K | — | — |
| 2021 | $457K | $429K | $546K | $7K | — | View 990 |
| 2020 | $395K | $440K | $543K | $33K | — | View 990 |
| 2019 | $691K | $660K | $599K | $44K | — | View 990 |
| 2018 | $655K | $678K | $616K | $92K | — | View 990 |
| 2017 | $587K | $612K | $623K | $76K | — | View 990 |
| 2016 | $535K | $536K | $598K | $27K | — | View 990 |
| 2015 | $466K | $550K | $632K | $65K | — | View 990 |
| 2014 | $727K | $126K | $672K | $20K | — | View 990 |
| 2013 | $57K | $18K | $84K | $0 | — | View 990 |
| 2012 | $19K | $166K | $54K | $9K | — | View 990 |
| 2011 | $80K | $453K | $192K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $979K, expenses of $867K, and assets of $759K (revenue +64.8% year-over-year).
- 2022: Revenue of $594K, expenses of $513K, and assets of $798K (revenue +29.8% year-over-year).
- 2021: Revenue of $457K, expenses of $429K, and assets of $546K (revenue +15.7% year-over-year).
- 2020: Revenue of $395K, expenses of $440K, and assets of $543K (revenue -42.8% year-over-year).
- 2019: Revenue of $691K, expenses of $660K, and assets of $599K (revenue +5.5% year-over-year).
- 2018: Revenue of $655K, expenses of $678K, and assets of $616K (revenue +11.6% year-over-year).
- 2017: Revenue of $587K, expenses of $612K, and assets of $623K (revenue +9.9% year-over-year).
- 2016: Revenue of $535K, expenses of $536K, and assets of $598K (revenue +14.6% year-over-year).
- 2015: Revenue of $466K, expenses of $550K, and assets of $632K (revenue -35.8% year-over-year).
- 2014: Revenue of $727K, expenses of $126K, and assets of $672K (revenue +1163.6% year-over-year).
- 2013: Revenue of $57K, expenses of $18K, and assets of $84K (revenue +202.2% year-over-year).
- 2012: Revenue of $19K, expenses of $166K, and assets of $54K (revenue -76.1% year-over-year).
- 2011: Revenue of $80K, expenses of $453K, and assets of $192K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wecoach Inc:
Data Sources and Methodology
This transparency report for Wecoach 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.