West Central Texas Regional Foundation
EIN: 270859660 · Abilene, TX · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $2.3M |
| Net Assets | $77K |
Is West Central Texas Regional Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About West Central Texas Regional Foundation
West Central Texas Regional Foundation (EIN: 270859660) is a nonprofit organization based in Abilene, TX, classified under NTEE code P30. The organization reported total revenue of $2.5M and total assets of $217K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West Central Texas Regional Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
West Central Texas Regional Foundation is a mid-size nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 35.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$6K |
| Total Assets | $215K |
| Total Liabilities | $137K |
| Net Assets | $77K |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 64.0% |
| Months of Reserves | 1.1 months |
Financial Health Grade: B
In 2023, West Central Texas Regional Foundation reported a surplus of $6K with revenue exceeding expenses, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 64.0% (high leverage).
Financial Trends
Over 13 years of filings (2012–2023), West Central Texas Regional Foundation's revenue has grown at a compound annual growth rate (CAGR) of 35.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.1% | +39.5% | +88.6% |
| 2022 | +0.4% | +5.2% | -12.8% |
| 2021 | -5.6% | -6.3% | +36.4% |
| 2020 | +47.2% | +47.1% | -63.2% |
| 2019 | +16.7% | +16.8% | +109.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for West Central Texas Regional Foundation 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 Central Texas Regional Foundation 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 64.0%.
Frequently Asked Questions about West Central Texas Regional Foundation
Is West Central Texas Regional Foundation a legitimate charity?
West Central Texas Regional Foundation (EIN: 270859660) is a registered tax-exempt nonprofit based in Texas. It has 13 years of IRS 990 filings on record. Total revenue: $2.5M. No red flags identified. Financial health grade: B.
How does West Central Texas Regional Foundation spend its money?
West Central Texas Regional Foundation reported $2.5M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to West Central Texas Regional Foundation tax-deductible?
West Central Texas Regional Foundation is registered as a tax-exempt nonprofit (EIN: 270859660). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is West Central Texas Regional Foundation located?
West Central Texas Regional Foundation is headquartered in Abilene, Texas and files with the IRS under EIN 270859660. It is classified under NTEE code P30.
How many years of IRS 990 filings does West Central Texas Regional Foundation have?
West Central Texas Regional Foundation 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 $2.5M in total revenue.
Filing History
IRS 990 filing history for West Central Texas Regional Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), West Central Texas Regional Foundation's revenue has grown by 2654.7%, moving from $83K to $2.3M. Total assets increased by 168.4% over the same period, from $80K to $215K. Total functional expenses rose by 4033.8%, from $55K to $2.3M. In its most recent filing year (2023), West Central Texas Regional Foundation reported a surplus of $6K, with revenue exceeding expenses. The organization holds $137K in liabilities against $215K in assets (debt-to-asset ratio: 64.0%), resulting in net assets of $77K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.3M | $215K | $137K | — | View 990 |
| 2022 | $1.6M | $1.6M | $114K | $93K | — | View 990 |
| 2021 | $1.6M | $1.6M | $131K | $50K | — | View 990 |
| 2020 | $1.7M | $1.7M | $96K | $30K | — | — |
| 2019 | $1.1M | $1.1M | $260K | $197K | — | View 990 |
| 2018 | $972K | $971K | $124K | $62K | — | View 990 |
| 2017 | $960K | $960K | $148K | $89K | — | View 990 |
| 2016 | $951K | $950K | $92K | $40K | — | View 990 |
| 2015 | $978K | $989K | $82K | $34K | — | View 990 |
| 2014 | $595K | $594K | $267K | $189K | — | View 990 |
| 2014 | $757K | $757K | $95K | $27K | — | View 990 |
| 2013 | $264K | $261K | $104K | $49K | — | View 990 |
| 2012 | $83K | $55K | $80K | $52K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.3M, and assets of $215K (revenue +45.1% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.6M, and assets of $114K (revenue +0.4% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.6M, and assets of $131K (revenue -5.6% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.7M, and assets of $96K (revenue +47.2% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $260K (revenue +16.7% year-over-year).
- 2018: Revenue of $972K, expenses of $971K, and assets of $124K (revenue +1.2% year-over-year).
- 2017: Revenue of $960K, expenses of $960K, and assets of $148K (revenue +1.0% year-over-year).
- 2016: Revenue of $951K, expenses of $950K, and assets of $92K (revenue -2.7% year-over-year).
- 2015: Revenue of $978K, expenses of $989K, and assets of $82K (revenue +64.3% year-over-year).
- 2014: Revenue of $595K, expenses of $594K, and assets of $267K (revenue -21.4% year-over-year).
- 2014: Revenue of $757K, expenses of $757K, and assets of $95K (revenue +186.7% year-over-year).
- 2013: Revenue of $264K, expenses of $261K, and assets of $104K (revenue +216.7% year-over-year).
- 2012: Revenue of $83K, expenses of $55K, and assets of $80K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for West Central Texas Regional Foundation:
Data Sources and Methodology
This transparency report for West Central Texas Regional Foundation 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.