West African Research Association
EIN: 521690509 · Boston, MA · NTEE: Q230
| Metric | Value |
|---|---|
| Total Revenue | $593K |
| Total Expenses | $646K |
| Net Assets | $185K |
Is West African Research Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About West African Research Association
West African Research Association (EIN: 521690509) is a nonprofit organization based in Boston, MA, classified under NTEE code Q230. The organization reported total revenue of $593K and total assets of $134K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West African Research Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
West African Research Association is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $666K |
| Total Expenses | $646K |
| Surplus / Deficit | +$20K |
| Total Assets | $185K |
| Net Assets | $185K |
| Operating Margin | 3.0% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2023, West African Research Association reported a surplus of $20K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), West African Research Association's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.5% | -8.6% | +12.1% |
| 2022 | +4.0% | +15.1% | -15.7% |
| 2021 | +4.6% | +7.4% | +22.2% |
| 2020 | -0.8% | -8.3% | +42.9% |
| 2019 | +6.2% | +5.1% | -8.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for West African Research Association 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 West African Research Association 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 $20K, with revenue exceeding expenses.
Frequently Asked Questions about West African Research Association
Is West African Research Association a legitimate charity?
Based on AI analysis of IRS 990 filings, West African Research Association (EIN: 521690509) insufficient data. 0 red flags identified, 0 strengths noted.
How does West African Research Association spend its money?
Detailed spending breakdown data is not yet available for West African Research Association. Check back for updated IRS 990 analysis.
Are donations to West African Research Association tax-deductible?
West African Research Association is registered as a tax-exempt nonprofit (EIN: 521690509). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is West African Research Association located?
West African Research Association is headquartered in Boston, Massachusetts and files with the IRS under EIN 521690509. It is classified under NTEE code Q230.
How many years of IRS 990 filings does West African Research Association have?
West African Research Association 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 $593K in total revenue.
Filing History
IRS 990 filing history for West African Research Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), West African Research Association's revenue has declined by 24.8%, moving from $885K to $666K. Total assets decreased by 18.5% over the same period, from $227K to $185K. Total functional expenses fell by 14.5%, from $755K to $646K. In its most recent filing year (2023), West African Research Association reported a surplus of $20K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $666K | $646K | $185K | $0 | — | — |
| 2022 | $676K | $707K | $165K | $0 | — | View 990 |
| 2021 | $650K | $614K | $196K | $0 | — | View 990 |
| 2020 | $621K | $572K | $161K | $0 | — | — |
| 2019 | $626K | $624K | $112K | $1K | — | View 990 |
| 2018 | $590K | $593K | $123K | $15K | — | View 990 |
| 2017 | $697K | $695K | $127K | $15K | — | View 990 |
| 2016 | $654K | $660K | $135K | $22K | — | View 990 |
| 2015 | $602K | $641K | $119K | $0 | — | View 990 |
| 2014 | $560K | $563K | $159K | $0 | — | View 990 |
| 2013 | $972K | $1.0M | $162K | $0 | — | View 990 |
| 2012 | $884K | $883K | $229K | $0 | — | View 990 |
| 2011 | $885K | $755K | $227K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $666K, expenses of $646K, and assets of $185K (revenue -1.5% year-over-year).
- 2022: Revenue of $676K, expenses of $707K, and assets of $165K (revenue +4.0% year-over-year).
- 2021: Revenue of $650K, expenses of $614K, and assets of $196K (revenue +4.6% year-over-year).
- 2020: Revenue of $621K, expenses of $572K, and assets of $161K (revenue -0.8% year-over-year).
- 2019: Revenue of $626K, expenses of $624K, and assets of $112K (revenue +6.2% year-over-year).
- 2018: Revenue of $590K, expenses of $593K, and assets of $123K (revenue -15.4% year-over-year).
- 2017: Revenue of $697K, expenses of $695K, and assets of $127K (revenue +6.6% year-over-year).
- 2016: Revenue of $654K, expenses of $660K, and assets of $135K (revenue +8.7% year-over-year).
- 2015: Revenue of $602K, expenses of $641K, and assets of $119K (revenue +7.4% year-over-year).
- 2014: Revenue of $560K, expenses of $563K, and assets of $159K (revenue -42.4% year-over-year).
- 2013: Revenue of $972K, expenses of $1.0M, and assets of $162K (revenue +10.0% year-over-year).
- 2012: Revenue of $884K, expenses of $883K, and assets of $229K (revenue -0.1% year-over-year).
- 2011: Revenue of $885K, expenses of $755K, and assets of $227K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for West African Research Association:
Data Sources and Methodology
This transparency report for West African Research Association 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.