Wellsboro Community Foundation Inc
Wellsboro Community Foundation shows consistent asset growth and zero liabilities with no officer compensation.
EIN: 202680321 · Wellsboro, PA · NTEE: T31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $472K |
| Program Spending | 90% |
| Net Assets | $2.4M |
| Transparency Score | 92/100 |
Search Intent Cockpit
Wellsboro Community Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Wellsboro Community Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Wellsboro Community Foundation Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $510K and expenses of $472K.
Revenue and Expenses
Wellsboro Community Foundation Inc reported $510K in revenue and $472K in expenses, a surplus of $38K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
92/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Wellsboro Community Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $425K (90%) |
Across stored filings, Wellsboro Community Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with The Garage Community And Youth Center | Pennsylvania and Philanthropy context |
Trust Check
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Wellsboro Community Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wellsboro Community Foundation Inc
Wellsboro Community Foundation Inc (EIN: 202680321) is a nonprofit organization based in Wellsboro, PA, classified under NTEE code T31. The organization reported total revenue of $1.4M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wellsboro Community Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wellsboro Community Foundation Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 30.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $510K |
| Total Expenses | $472K |
| Surplus / Deficit | +$38K |
| Total Assets | $2.4M |
| Net Assets | $2.4M |
| Operating Margin | 7.5% |
| Months of Reserves | 62.0 months |
Financial Health Grade: A
In 2023, Wellsboro Community Foundation Inc reported a surplus of $38K with revenue exceeding expenses, holds 62.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Wellsboro Community Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 30.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +60.6% | +43.6% | +1.6% |
| 2022 | +30.2% | +75.7% | -0.5% |
| 2021 | -33.2% | -44.2% | +2.4% |
| 2020 | -83.8% | -17.4% | +1.3% |
| 2019 | +1510.0% | +411.7% | +391.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Wellsboro Community Foundation Inc with a Mission Score of 92 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Wellsboro Community Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $38K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly favorable for donor confidence and resource allocation.
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.
Strengths
The following positive indicators were identified for Wellsboro Community Foundation Inc:
- Consistent asset growth, reaching $2,440,319 in 2023.
- Zero liabilities reported across all 13 filings, indicating strong financial health.
- 0% officer compensation, maximizing resources for the mission.
- Consistent positive net income in most periods, contributing to sustainability.
- Regular IRS 990 filings demonstrate commitment to transparency.
Frequently Asked Questions about Wellsboro Community Foundation Inc
Is Wellsboro Community Foundation Inc a legitimate charity?
Wellsboro Community Foundation Inc (EIN: 202680321) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Wellsboro Community Foundation Inc spend its money?
Wellsboro Community Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Wellsboro Community Foundation Inc tax-deductible?
Wellsboro Community Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202680321). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Wellsboro Community Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Wellsboro Community Foundation Inc is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wellsboro Community Foundation Inc located?
Wellsboro Community Foundation Inc is headquartered in Wellsboro, Pennsylvania and files with the IRS under EIN 202680321. It is classified under NTEE code T31.
How many years of IRS 990 filings does Wellsboro Community Foundation Inc have?
Wellsboro Community Foundation Inc 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 $1.4M in total revenue.
Is Wellsboro Community Foundation Inc. financially stable?
Yes, the foundation is highly financially stable, consistently reporting zero liabilities across all 13 filings and demonstrating steady asset growth, reaching $2,440,319 in 2023.
How efficient is Wellsboro Community Foundation Inc. with its spending?
The foundation appears very efficient, as evidenced by 0% officer compensation reported in all filings, suggesting that a very high proportion of expenses are directed towards program activities and essential administration.
Does Wellsboro Community Foundation Inc. have good transparency?
Yes, the organization demonstrates good transparency through its consistent filing of 13 IRS Form 990s over the years, providing public access to its financial data.
Filing History
IRS 990 filing history for Wellsboro Community Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wellsboro Community Foundation Inc's revenue has grown by 2240.2%, moving from $22K to $510K. Total assets increased by 4333.6% over the same period, from $55K to $2.4M. Total functional expenses rose by 2782.6%, from $16K to $472K. In its most recent filing year (2023), Wellsboro Community Foundation Inc reported a surplus of $38K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $510K | $472K | $2.4M | $0 | — | — |
| 2022 | $318K | $329K | $2.4M | $0 | — | View 990 |
| 2021 | $244K | $187K | $2.4M | $0 | — | View 990 |
| 2020 | $365K | $335K | $2.4M | $0 | — | View 990 |
| 2019 | $2.3M | $406K | $2.3M | $0 | — | View 990 |
| 2018 | $140K | $79K | $473K | $0 | — | View 990 |
| 2017 | $51K | $28K | $412K | $0 | — | View 990 |
| 2016 | $196K | $185K | $389K | $0 | — | View 990 |
| 2015 | $322K | $73K | $378K | $0 | — | View 990 |
| 2014 | $122K | $52K | $129K | $0 | — | View 990 |
| 2013 | $5K | $6K | $59K | $0 | — | View 990 |
| 2012 | $8K | $3K | $60K | $0 | — | View 990 |
| 2011 | $22K | $16K | $55K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $510K, expenses of $472K, and assets of $2.4M (revenue +60.6% year-over-year).
- 2022: Revenue of $318K, expenses of $329K, and assets of $2.4M (revenue +30.2% year-over-year).
- 2021: Revenue of $244K, expenses of $187K, and assets of $2.4M (revenue -33.2% year-over-year).
- 2020: Revenue of $365K, expenses of $335K, and assets of $2.4M (revenue -83.8% year-over-year).
- 2019: Revenue of $2.3M, expenses of $406K, and assets of $2.3M (revenue +1510.0% year-over-year).
- 2018: Revenue of $140K, expenses of $79K, and assets of $473K (revenue +172.8% year-over-year).
- 2017: Revenue of $51K, expenses of $28K, and assets of $412K (revenue -73.8% year-over-year).
- 2016: Revenue of $196K, expenses of $185K, and assets of $389K (revenue -39.0% year-over-year).
- 2015: Revenue of $322K, expenses of $73K, and assets of $378K (revenue +164.1% year-over-year).
- 2014: Revenue of $122K, expenses of $52K, and assets of $129K (revenue +2224.9% year-over-year).
- 2013: Revenue of $5K, expenses of $6K, and assets of $59K (revenue -35.6% year-over-year).
- 2012: Revenue of $8K, expenses of $3K, and assets of $60K (revenue -62.6% year-over-year).
- 2011: Revenue of $22K, expenses of $16K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wellsboro Community Foundation Inc:
Data Sources and Methodology
This transparency report for Wellsboro Community Foundation 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.