Wells Main Street Program
EIN: 832509851 · Wells, NV · NTEE: S31
| Metric | Value |
|---|---|
| Total Revenue | $47K |
| Total Expenses | $27K |
| Net Assets | $346K |
Is Wells Main Street Program Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wells Main Street Program
Wells Main Street Program (EIN: 832509851) is a nonprofit organization based in Wells, NV, classified under NTEE code S31. The organization reported total revenue of $47K and total assets of $362K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wells Main Street Program's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wells Main Street Program is a micro nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $27K |
| Surplus / Deficit | +$3K |
| Total Assets | $346K |
| Net Assets | $346K |
| Operating Margin | 9.9% |
| Months of Reserves | 155.9 months |
Financial Health Grade: A
In 2023, Wells Main Street Program reported a surplus of $3K with revenue exceeding expenses, holds 155.9 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -90.3% | +48.2% | +2.8% |
| 2022 | +183.4% | -87.0% | +2858.4% |
| 2021 | +203.5% | +708.2% | -73.0% |
| 2020 | +1.3% | +53.0% | +77.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wells Main Street Program 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 Wells Main Street Program 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 $3K, with revenue exceeding expenses.
Frequently Asked Questions about Wells Main Street Program
Is Wells Main Street Program a legitimate charity?
Wells Main Street Program (EIN: 832509851) is a registered tax-exempt nonprofit based in Nevada. It has 6 years of IRS 990 filings on record. Total revenue: $47K. No red flags identified. Financial health grade: A.
How does Wells Main Street Program spend its money?
Wells Main Street Program reported $47K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wells Main Street Program tax-deductible?
Wells Main Street Program is registered as a tax-exempt nonprofit (EIN: 832509851). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wells Main Street Program located?
Wells Main Street Program is headquartered in Wells, Nevada and files with the IRS under EIN 832509851. It is classified under NTEE code S31.
How many years of IRS 990 filings does Wells Main Street Program have?
Wells Main Street Program has 6 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 $47K in total revenue.
Filing History
IRS 990 filing history for Wells Main Street Program showing financial trends over 6 years of public records:
In its most recent filing year (2023), Wells Main Street Program reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30K | $27K | $346K | $0 | — | View 990 |
| 2022 | $305K | $18K | $337K | $0 | — | View 990 |
| 2021 | $108K | $139K | $11K | $0 | — | — |
| 2020 | $35K | $17K | $42K | $0 | — | — |
| 2019 | $35K | $11K | $24K | $0 | — | View 990 |
| 2018 | $0 | $0 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30K, expenses of $27K, and assets of $346K (revenue -90.3% year-over-year).
- 2022: Revenue of $305K, expenses of $18K, and assets of $337K (revenue +183.4% year-over-year).
- 2021: Revenue of $108K, expenses of $139K, and assets of $11K (revenue +203.5% year-over-year).
- 2020: Revenue of $35K, expenses of $17K, and assets of $42K (revenue +1.3% year-over-year).
- 2019: Revenue of $35K, expenses of $11K, and assets of $24K.
- 2018: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wells Main Street Program:
Data Sources and Methodology
This transparency report for Wells Main Street Program 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.