Welch Public Schools Enrichment Foundation
EIN: 731480590 · Welch, OK · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $57K |
| Total Expenses | $60K |
| Net Assets | $449K |
Is Welch Public Schools Enrichment Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Welch Public Schools Enrichment Foundation
Welch Public Schools Enrichment Foundation (EIN: 731480590) is a nonprofit organization based in Welch, OK, classified under NTEE code B82. The organization reported total revenue of $57K and total assets of $483K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Welch Public Schools Enrichment Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Welch Public Schools Enrichment Foundation is a micro nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $51K |
| Total Expenses | $60K |
| Surplus / Deficit | $-8,947 |
| Total Assets | $449K |
| Net Assets | $449K |
| Operating Margin | -17.6% |
| Months of Reserves | 90.2 months |
Financial Health Grade: B
In 2023, Welch Public Schools Enrichment Foundation reported a deficit of $9K with expenses exceeding revenue, holds 90.2 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Welch Public Schools Enrichment Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.7% | -64.2% | +4.1% |
| 2022 | +2.5% | +328.7% | -17.6% |
| 2021 | +41.5% | +11525.7% | +8.7% |
| 2020 | +94.4% | -99.0% | +13.4% |
| 2019 | -82.3% | +63.3% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Welch Public Schools Enrichment Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Welch Public Schools Enrichment Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Frequently Asked Questions about Welch Public Schools Enrichment Foundation
Is Welch Public Schools Enrichment Foundation a legitimate charity?
Welch Public Schools Enrichment Foundation (EIN: 731480590) is a registered tax-exempt nonprofit based in Oklahoma. It has 10 years of IRS 990 filings on record. Total revenue: $57K. No red flags identified. Financial health grade: B.
How does Welch Public Schools Enrichment Foundation spend its money?
Welch Public Schools Enrichment Foundation reported $57K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Welch Public Schools Enrichment Foundation tax-deductible?
Welch Public Schools Enrichment Foundation is registered as a tax-exempt nonprofit (EIN: 731480590). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Welch Public Schools Enrichment Foundation located?
Welch Public Schools Enrichment Foundation is headquartered in Welch, Oklahoma and files with the IRS under EIN 731480590. It is classified under NTEE code B82.
How many years of IRS 990 filings does Welch Public Schools Enrichment Foundation have?
Welch Public Schools Enrichment Foundation has 10 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 $57K in total revenue.
Filing History
IRS 990 filing history for Welch Public Schools Enrichment Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Welch Public Schools Enrichment Foundation's revenue has grown by 48.9%, moving from $34K to $51K. Total assets increased by 19.9% over the same period, from $374K to $449K. Total functional expenses rose by 543.9%, from $9K to $60K. In its most recent filing year (2023), Welch Public Schools Enrichment Foundation reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $51K | $60K | $449K | $0 | — | View 990 |
| 2022 | $83K | $167K | $431K | $0 | — | View 990 |
| 2021 | $81K | $39K | $523K | $0 | — | — |
| 2020 | $57K | $335 | $481K | $0 | — | — |
| 2019 | $29K | $35K | $425K | $0 | — | View 990 |
| 2018 | $166K | $21K | $430K | $0 | — | View 990 |
| 2017 | $35K | $96K | $338K | $53K | — | View 990 |
| 2016 | $27K | $45K | $347K | $0 | — | View 990 |
| 2015 | $63K | $19K | $406K | $0 | — | View 990 |
| 2014 | $34K | $9K | $374K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $51K, expenses of $60K, and assets of $449K (revenue -38.7% year-over-year).
- 2022: Revenue of $83K, expenses of $167K, and assets of $431K (revenue +2.5% year-over-year).
- 2021: Revenue of $81K, expenses of $39K, and assets of $523K (revenue +41.5% year-over-year).
- 2020: Revenue of $57K, expenses of $335, and assets of $481K (revenue +94.4% year-over-year).
- 2019: Revenue of $29K, expenses of $35K, and assets of $425K (revenue -82.3% year-over-year).
- 2018: Revenue of $166K, expenses of $21K, and assets of $430K (revenue +370.2% year-over-year).
- 2017: Revenue of $35K, expenses of $96K, and assets of $338K (revenue +30.6% year-over-year).
- 2016: Revenue of $27K, expenses of $45K, and assets of $347K (revenue -56.9% year-over-year).
- 2015: Revenue of $63K, expenses of $19K, and assets of $406K (revenue +83.4% year-over-year).
- 2014: Revenue of $34K, expenses of $9K, and assets of $374K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Welch Public Schools Enrichment Foundation:
Data Sources and Methodology
This transparency report for Welch Public Schools Enrichment Foundation 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.