Wesley Woods Senior Living Inc
Wesley Woods Senior Living Inc. shows strong asset growth and no reported officer compensation, with fluctuating but generally positive financial performance.
EIN: 202157051 · Atlanta, GA · NTEE: L22 · Updated: 2026-03-28
Is Wesley Woods Senior Living Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wesley Woods Senior Living Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wesley Woods Senior Living Inc
Wesley Woods Senior Living Inc (EIN: 202157051) is a nonprofit organization based in Atlanta, GA, classified under NTEE code L22. The organization reported total revenue of $3.6M and total assets of $13.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wesley Woods Senior Living Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wesley Woods Senior Living 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 17.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.5M |
| Surplus / Deficit | +$45K |
| Total Assets | $12.0M |
| Total Liabilities | $4.1M |
| Net Assets | $8.0M |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 33.8% |
| Months of Reserves | 41.3 months |
Financial Health Grade: A
In 2023, Wesley Woods Senior Living Inc reported a surplus of $45K with revenue exceeding expenses, holds 41.3 months of operating reserves (strong position), has a debt-to-asset ratio of 33.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wesley Woods Senior Living Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.3% | +11.3% | +48.5% |
| 2022 | +51.6% | -27.3% | +30.5% |
| 2021 | +95.5% | +50.0% | +15.6% |
| 2020 | -6.5% | +39.5% | +64.9% |
| 2019 | +35.3% | +4.5% | +26.5% |
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 Wesley Woods Senior Living Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Wesley Woods Senior Living Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $45K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, which is highly unusual for an organization of this size with assets exceeding $12 million and revenues over $3.5 million. This suggests either a volunteer-led executive team or that executive compensation is reported under other expense categories, which would reduce transparency.
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 Wesley Woods Senior Living Inc's IRS 990 filings:
- Significant increase in liabilities in 202308 ($4,070,271) without clear explanation in provided data.
- Lack of detailed breakdown for program, administrative, and fundraising expenses in the provided data, hindering precise efficiency analysis.
- Unusually consistent 0% officer compensation, which may indicate compensation is reported elsewhere or a highly unusual operational model for an organization of this size.
Strengths
The following positive indicators were identified for Wesley Woods Senior Living Inc:
- Strong and consistent asset growth over the past decade, from $412,219 in 201408 to $12,041,426 in 202308.
- Consistent reporting of 0% officer compensation, indicating a potential commitment to directing funds to mission or volunteer leadership.
- Generally stable financial performance with revenues often exceeding expenses, demonstrating fiscal responsibility.
- Positive net assets, indicating long-term financial stability and capacity.
Frequently Asked Questions about Wesley Woods Senior Living Inc
Is Wesley Woods Senior Living Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wesley Woods Senior Living Inc (EIN: 202157051) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Wesley Woods Senior Living Inc spend its money?
Wesley Woods Senior Living Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wesley Woods Senior Living Inc tax-deductible?
Wesley Woods Senior Living Inc is registered as a tax-exempt nonprofit (EIN: 202157051). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Wesley Woods Senior Living Inc. a good charity?
Based on the available data, Wesley Woods Senior Living Inc. appears to be a good charity. It demonstrates strong asset growth from $412,219 in 201408 to $12,041,426 in 202308, and consistently reports 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds. Its financial health is generally stable, with revenues often exceeding expenses.
Why is officer compensation consistently 0%?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It could indicate that executive leadership is entirely volunteer-based, or that compensation for key management personnel is categorized differently within the IRS 990, such as under program or administrative expenses, which would obscure direct executive compensation figures.
What caused the significant increase in liabilities in 202308?
Liabilities increased significantly from $224,329 in 202208 to $4,070,271 in 202308. This substantial jump warrants further investigation to understand its nature, such as new debt taken on for expansion, capital projects, or other operational obligations. Without more detailed financial statements, the specific cause cannot be determined.
How has the organization managed such substantial asset growth?
The organization's assets grew from $412,219 in 201408 to $12,041,426 in 202308. This growth likely stems from a combination of factors including successful fundraising efforts, prudent investment strategies, and potentially the acquisition or development of new properties or facilities related to its mission of senior living.
What is the breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 data does not offer a detailed breakdown of program, administrative, and fundraising expenses. While the overall expenses are reported, without this specific categorization, it's challenging to precisely assess the organization's spending efficiency in each area. However, the overall financial health suggests a reasonable allocation.
Filing History
IRS 990 filing history for Wesley Woods Senior Living Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wesley Woods Senior Living Inc's revenue has grown by 623.5%, moving from $490K to $3.5M. Total assets increased by 3685.6% over the same period, from $318K to $12.0M. Total functional expenses rose by 663.7%, from $459K to $3.5M. In its most recent filing year (2023), Wesley Woods Senior Living Inc reported a surplus of $45K, with revenue exceeding expenses. The organization holds $4.1M in liabilities against $12.0M in assets (debt-to-asset ratio: 33.8%), resulting in net assets of $8.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.5M | $12.0M | $4.1M | — | View 990 |
| 2022 | $7.6M | $3.1M | $8.1M | $224K | — | View 990 |
| 2021 | $5.0M | $4.3M | $6.2M | $2.3M | — | View 990 |
| 2020 | $2.6M | $2.9M | $5.4M | $2.5M | — | View 990 |
| 2019 | $2.7M | $2.1M | $3.3M | $164K | — | View 990 |
| 2018 | $2.0M | $2.0M | $2.6M | $164K | — | View 990 |
| 2017 | $1.9M | $1.9M | $2.5M | $206K | — | View 990 |
| 2016 | $1.3M | $1.6M | $2.5M | $272K | — | View 990 |
| 2015 | $2.7M | $530K | $2.6M | $75K | — | View 990 |
| 2014 | $487K | $419K | $412K | $35K | — | View 990 |
| 2013 | $483K | $502K | $373K | $63K | — | View 990 |
| 2012 | $501K | $460K | $359K | $17K | — | View 990 |
| 2011 | $490K | $459K | $318K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.5M, and assets of $12.0M (revenue -53.3% year-over-year).
- 2022: Revenue of $7.6M, expenses of $3.1M, and assets of $8.1M (revenue +51.6% year-over-year).
- 2021: Revenue of $5.0M, expenses of $4.3M, and assets of $6.2M (revenue +95.5% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.9M, and assets of $5.4M (revenue -6.5% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.1M, and assets of $3.3M (revenue +35.3% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.0M, and assets of $2.6M (revenue +5.9% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.9M, and assets of $2.5M (revenue +44.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.6M, and assets of $2.5M (revenue -50.2% year-over-year).
- 2015: Revenue of $2.7M, expenses of $530K, and assets of $2.6M (revenue +447.5% year-over-year).
- 2014: Revenue of $487K, expenses of $419K, and assets of $412K (revenue +0.9% year-over-year).
- 2013: Revenue of $483K, expenses of $502K, and assets of $373K (revenue -3.6% year-over-year).
- 2012: Revenue of $501K, expenses of $460K, and assets of $359K (revenue +2.1% year-over-year).
- 2011: Revenue of $490K, expenses of $459K, and assets of $318K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wesley Woods Senior Living Inc:
Data Sources and Methodology
This transparency report for Wesley Woods Senior Living 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.