Welfare Tr For Centerra Group Llc And Affiliates
EIN: 376598501 · Des Moines, IA · NTEE: J40
| Metric | Value |
|---|---|
| Total Revenue | $32.3M |
| Total Expenses | $36.7M |
| Net Assets | $915K |
Is Welfare Tr For Centerra Group Llc And Affiliates Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Welfare Tr For Centerra Group Llc And Affiliates
Welfare Tr For Centerra Group Llc And Affiliates (EIN: 376598501) is a nonprofit organization based in Des Moines, IA, classified under NTEE code J40. The organization reported total revenue of $32.3M and total assets of $356K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Welfare Tr For Centerra Group Llc And Affiliates's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Welfare Tr For Centerra Group Llc And Affiliates is a large nonprofit that has been operating for 3 years, with 5 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37.0M |
| Total Expenses | $36.7M |
| Surplus / Deficit | +$308K |
| Total Assets | $915K |
| Net Assets | $915K |
| Operating Margin | 0.8% |
| Months of Reserves | 0.3 months |
Financial Health Grade: A
In 2023, Welfare Tr For Centerra Group Llc And Affiliates reported a surplus of $308K with revenue exceeding expenses, holds 0.3 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2017–2023), Welfare Tr For Centerra Group Llc And Affiliates's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.5% | +7.6% | +50.8% |
| 2022 | +10.0% | +7.3% | -84.6% |
| 2018 | +566.7% | +719.5% | +1.7% |
| 2017 | -81.6% | -83.9% | +15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Welfare Tr For Centerra Group Llc And Affiliates 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 Welfare Tr For Centerra Group Llc And Affiliates 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 surplus of $308K, with revenue exceeding expenses.
Frequently Asked Questions about Welfare Tr For Centerra Group Llc And Affiliates
Is Welfare Tr For Centerra Group Llc And Affiliates a legitimate charity?
Based on AI analysis of IRS 990 filings, Welfare Tr For Centerra Group Llc And Affiliates (EIN: 376598501) insufficient data. 0 red flags identified, 0 strengths noted.
How does Welfare Tr For Centerra Group Llc And Affiliates spend its money?
Detailed spending breakdown data is not yet available for Welfare Tr For Centerra Group Llc And Affiliates. Check back for updated IRS 990 analysis.
Are donations to Welfare Tr For Centerra Group Llc And Affiliates tax-deductible?
Welfare Tr For Centerra Group Llc And Affiliates is registered as a tax-exempt nonprofit (EIN: 376598501). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Welfare Tr For Centerra Group Llc And Affiliates located?
Welfare Tr For Centerra Group Llc And Affiliates is headquartered in Des Moines, Iowa and files with the IRS under EIN 376598501. It is classified under NTEE code J40.
How many years of IRS 990 filings does Welfare Tr For Centerra Group Llc And Affiliates have?
Welfare Tr For Centerra Group Llc And Affiliates has 5 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 $32.3M in total revenue.
Filing History
IRS 990 filing history for Welfare Tr For Centerra Group Llc And Affiliates showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2017–2023), Welfare Tr For Centerra Group Llc And Affiliates's revenue has grown by 46.4%, moving from $25.3M to $37.0M. Total assets decreased by 72.8% over the same period, from $3.4M to $915K. Total functional expenses rose by 52.7%, from $24.1M to $36.7M. In its most recent filing year (2023), Welfare Tr For Centerra Group Llc And Affiliates reported a surplus of $308K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37.0M | $36.7M | $915K | $0 | — | — |
| 2022 | $34.1M | $34.1M | $607K | $0 | — | View 990 |
| 2018 | $31.0M | $31.8M | $3.9M | $2.7M | — | — |
| 2017 | $4.7M | $3.9M | $3.9M | $1.9M | — | — |
| 2017 | $25.3M | $24.1M | $3.4M | $2.1M | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $37.0M, expenses of $36.7M, and assets of $915K (revenue +8.5% year-over-year).
- 2022: Revenue of $34.1M, expenses of $34.1M, and assets of $607K (revenue +10.0% year-over-year).
- 2018: Revenue of $31.0M, expenses of $31.8M, and assets of $3.9M (revenue +566.7% year-over-year).
- 2017: Revenue of $4.7M, expenses of $3.9M, and assets of $3.9M (revenue -81.6% year-over-year).
- 2017: Revenue of $25.3M, expenses of $24.1M, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Welfare Tr For Centerra Group Llc And Affiliates:
Data Sources and Methodology
This transparency report for Welfare Tr For Centerra Group Llc And Affiliates 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.