Weekapaug Foundation For Conservation
Weekapaug Foundation: Strong Asset Base, Inconsistent Revenue
EIN: 223018145 · Westerly, RI · NTEE: C340 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $679K |
| Total Expenses | $147K |
| Program Spending | 70% |
| Net Assets | $20.1M |
| Transparency Score | 85/100 |
Is Weekapaug Foundation For Conservation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Weekapaug Foundation For Conservation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Weekapaug Foundation For Conservation
Weekapaug Foundation For Conservation (EIN: 223018145) is a nonprofit organization based in Westerly, RI, classified under NTEE code C340. The organization reported total revenue of $679K and total assets of $20.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Weekapaug Foundation For Conservation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Weekapaug Foundation For Conservation is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $454K |
| Total Expenses | $147K |
| Surplus / Deficit | +$308K |
| Total Assets | $20.1M |
| Total Liabilities | $6K |
| Net Assets | $20.1M |
| Operating Margin | 67.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1644.6 months |
Financial Health Grade: A
In 2023, Weekapaug Foundation For Conservation reported a surplus of $308K with revenue exceeding expenses, holds 1644.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Weekapaug Foundation For Conservation's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.2% | +2.1% | +2.1% |
| 2022 | +97.7% | -13.2% | -0.5% |
| 2021 | +9.4% | -5.0% | +1.2% |
| 2020 | -47.8% | -9.2% | +1.5% |
| 2019 | -63.2% | -45.5% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Weekapaug Foundation For Conservation with a Mission Score of 85 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Weekapaug Foundation For Conservation allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $308K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a direct assessment difficult without further information on specific salaries.
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 Weekapaug Foundation For Conservation's IRS 990 filings:
- Revenue has been highly inconsistent, fluctuating significantly from $1,340,522 in 2016 to $247,785 in 2021, which could impact long-term program stability.
- The organization's liabilities, while generally low, saw a notable increase to $128,017 in 2016, warranting further investigation into the cause.
Strengths
The following positive indicators were identified for Weekapaug Foundation For Conservation:
- Possesses a substantial and growing asset base, reaching over $20 million in 2023, providing significant financial stability.
- Consistently low administrative and fundraising expenses relative to total expenditures, suggesting efficient operations.
- Maintains a very low liability-to-asset ratio, indicating strong financial health and minimal debt burden.
- Demonstrates a clear commitment to its mission with consistent program spending relative to total expenses.
Frequently Asked Questions about Weekapaug Foundation For Conservation
Is Weekapaug Foundation For Conservation a legitimate charity?
Based on AI analysis of IRS 990 filings, Weekapaug Foundation For Conservation (EIN: 223018145) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Weekapaug Foundation For Conservation spend its money?
Weekapaug Foundation For Conservation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Weekapaug Foundation For Conservation tax-deductible?
Weekapaug Foundation For Conservation is registered as a tax-exempt nonprofit (EIN: 223018145). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Weekapaug Foundation For Conservation's spending goes to programs?
Weekapaug Foundation For Conservation directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Weekapaug Foundation For Conservation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Weekapaug Foundation For Conservation is above average for NTEE category C340 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Weekapaug Foundation For Conservation located?
Weekapaug Foundation For Conservation is headquartered in Westerly, Rhode Island and files with the IRS under EIN 223018145. It is classified under NTEE code C340.
How many years of IRS 990 filings does Weekapaug Foundation For Conservation have?
Weekapaug Foundation For Conservation 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 $679K in total revenue.
What does Weekapaug Foundation For Conservation do?
Weekapaug Foundation For Conservation is a nonprofit organization in the Environment sector, located in Westerly, Rhode Island. It is classified under NTEE code C340.
How much revenue does Weekapaug Foundation For Conservation have?
Weekapaug Foundation For Conservation reported total revenue of $678,725. Based on 13 IRS 990 filings on record.
What are Weekapaug Foundation For Conservation's total assets?
Weekapaug Foundation For Conservation holds total assets of $20,310,880 as reported in IRS 990 filings.
Where is Weekapaug Foundation For Conservation located?
Weekapaug Foundation For Conservation is based in Westerly, Rhode Island.
What is Weekapaug Foundation For Conservation's EIN?
Weekapaug Foundation For Conservation's Employer Identification Number (EIN) is 223018145. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Weekapaug Foundation For Conservation?
Weekapaug Foundation For Conservation is classified under NTEE code C340 (Environment).
Is Weekapaug Foundation For Conservation a registered 501(c)(3)?
Yes, Weekapaug Foundation For Conservation is recognized as a tax-exempt organization by the IRS. EIN: 223018145.
Does Weekapaug Foundation For Conservation file IRS Form 990?
Yes, Weekapaug Foundation For Conservation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Weekapaug Foundation For Conservation's revenue in 2023?
In the 202312 filing period, Weekapaug Foundation For Conservation reported total revenue of $454,388, total expenses of $146,558, and net assets of $20,085,482.
Is Weekapaug Foundation For Conservation's revenue growing or declining?
Weekapaug Foundation For Conservation's revenue is declining. Revenue went from $489,812 (202212) to $454,388 (202312), a -7.2% change. Based on 13 filings on record.
What is Weekapaug Foundation For Conservation's most recent 990 filing?
The most recent IRS Form 990 filing for Weekapaug Foundation For Conservation covers tax period 202312. It shows revenue of $454,388, expenses of $146,558, total assets of $20,085,482, and liabilities of $6,403.
How much does Weekapaug Foundation For Conservation spend on programs vs administration?
Based on IRS 990 analysis, Weekapaug Foundation For Conservation allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Weekapaug Foundation For Conservation a trustworthy charity?
Based on AI analysis of IRS 990 data, Weekapaug Foundation For Conservation appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 4 strengths noted.
What are the red flags for Weekapaug Foundation For Conservation?
The following concerns were identified: Revenue has been highly inconsistent, fluctuating significantly from $1,340,522 in 2016 to $247,785 in 2021, which could impact long-term program stability.. The organization's liabilities, while generally low, saw a notable increase to $128,017 in 2016, warranting further investigation into the cause.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Weekapaug Foundation For Conservation's strengths?
Positive indicators for Weekapaug Foundation For Conservation include: Possesses a substantial and growing asset base, reaching over $20 million in 2023, providing significant financial stability.. Consistently low administrative and fundraising expenses relative to total expenditures, suggesting efficient operations.. Maintains a very low liability-to-asset ratio, indicating strong financial health and minimal debt burden.. Demonstrates a clear commitment to its mission with consistent program spending relative to total expenses.. These findings are derived from AI analysis of the organization's financial filings.
How does Weekapaug Foundation For Conservation compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a direct assessment difficult without further information on specific salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant fluctuations in revenue, how does the Weekapaug Foundation ensure consistent funding for its conservation programs year-over-year?
The foundation's substantial and growing asset base, which increased from $18,173,411 in 2016 to $20,310,880 in 2023, likely provides a buffer against revenue volatility, allowing for stable program funding even in years with lower incoming revenue.
What specific strategies does the foundation employ to manage and grow its impressive asset base, and how does this contribute to its long-term conservation goals?
While specific strategies aren't detailed in the provided data, the consistent growth of assets suggests effective investment and endowment management. This growing base likely generates investment income, providing a sustainable funding source for land acquisition, stewardship, and other conservation initiatives, reducing reliance on annual donations.
Filing History
IRS 990 filing history for Weekapaug Foundation For Conservation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Weekapaug Foundation For Conservation's revenue has grown by 38.1%, moving from $329K to $454K. Total assets increased by 22.1% over the same period, from $16.5M to $20.1M. Total functional expenses rose by 20.2%, from $122K to $147K. In its most recent filing year (2023), Weekapaug Foundation For Conservation reported a surplus of $308K, with revenue exceeding expenses. The organization holds $6K in liabilities against $20.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $20.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $454K | $147K | $20.1M | $6K | — | — |
| 2022 | $490K | $144K | $19.7M | $1K | — | — |
| 2021 | $248K | $165K | $19.8M | $18K | — | View 990 |
| 2020 | $227K | $174K | $19.5M | $6K | — | View 990 |
| 2019 | $434K | $192K | $19.3M | $11K | — | View 990 |
| 2018 | $1.2M | $352K | $18.9M | $31K | — | View 990 |
| 2017 | $263K | $178K | $18.3M | $5K | — | — |
| 2016 | $1.3M | $180K | $18.2M | $128K | — | View 990 |
| 2015 | $204K | $113K | $16.9M | $130K | — | View 990 |
| 2014 | $408K | $156K | $17.1M | $304K | — | View 990 |
| 2013 | $262K | $137K | $16.9M | $364K | — | View 990 |
| 2012 | $306K | $205K | $16.9M | $622K | — | View 990 |
| 2011 | $329K | $122K | $16.5M | $322K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $454K, expenses of $147K, and assets of $20.1M (revenue -7.2% year-over-year).
- 2022: Revenue of $490K, expenses of $144K, and assets of $19.7M (revenue +97.7% year-over-year).
- 2021: Revenue of $248K, expenses of $165K, and assets of $19.8M (revenue +9.4% year-over-year).
- 2020: Revenue of $227K, expenses of $174K, and assets of $19.5M (revenue -47.8% year-over-year).
- 2019: Revenue of $434K, expenses of $192K, and assets of $19.3M (revenue -63.2% year-over-year).
- 2018: Revenue of $1.2M, expenses of $352K, and assets of $18.9M (revenue +348.4% year-over-year).
- 2017: Revenue of $263K, expenses of $178K, and assets of $18.3M (revenue -80.4% year-over-year).
- 2016: Revenue of $1.3M, expenses of $180K, and assets of $18.2M (revenue +557.0% year-over-year).
- 2015: Revenue of $204K, expenses of $113K, and assets of $16.9M (revenue -50.0% year-over-year).
- 2014: Revenue of $408K, expenses of $156K, and assets of $17.1M (revenue +55.8% year-over-year).
- 2013: Revenue of $262K, expenses of $137K, and assets of $16.9M (revenue -14.4% year-over-year).
- 2012: Revenue of $306K, expenses of $205K, and assets of $16.9M (revenue -7.1% year-over-year).
- 2011: Revenue of $329K, expenses of $122K, and assets of $16.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Weekapaug Foundation For Conservation:
Data Sources and Methodology
This transparency report for Weekapaug Foundation For Conservation 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.