West River Improvement Association Inc
EIN: 521818615 · Galesville, MD · NTEE: P28Z
| Metric | Value |
|---|---|
| Total Revenue | $104K |
| Total Expenses | $133K |
| Net Assets | $235K |
Is West River Improvement Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About West River Improvement Association Inc
West River Improvement Association Inc (EIN: 521818615) is a nonprofit organization based in Galesville, MD, classified under NTEE code P28Z. The organization reported total revenue of $104K and total assets of $234K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West River Improvement Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
West River Improvement Association Inc is a small nonprofit that has been operating for 31 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 88.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $130K |
| Total Expenses | $133K |
| Surplus / Deficit | $-2,950 |
| Total Assets | $235K |
| Net Assets | $235K |
| Operating Margin | -2.3% |
| Months of Reserves | 21.2 months |
Financial Health Grade: B
In 2023, West River Improvement Association Inc reported a deficit of $3K with expenses exceeding revenue, holds 21.2 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), West River Improvement Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 88.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +201.3% | +121.6% | -1.2% |
| 2022 | +17.4% | +107.9% | -6.6% |
| 2021 | +89.3% | +55.0% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for West River Improvement Association Inc 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 River Improvement Association Inc 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 deficit of $3K, with expenses exceeding revenue.
Frequently Asked Questions about West River Improvement Association Inc
Is West River Improvement Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, West River Improvement Association Inc (EIN: 521818615) insufficient data. 0 red flags identified, 0 strengths noted.
How does West River Improvement Association Inc spend its money?
Detailed spending breakdown data is not yet available for West River Improvement Association Inc. Check back for updated IRS 990 analysis.
Are donations to West River Improvement Association Inc tax-deductible?
West River Improvement Association Inc is registered as a tax-exempt nonprofit (EIN: 521818615). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is West River Improvement Association Inc located?
West River Improvement Association Inc is headquartered in Galesville, Maryland and files with the IRS under EIN 521818615. It is classified under NTEE code P28Z.
How many years of IRS 990 filings does West River Improvement Association Inc have?
West River Improvement Association Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $104K in total revenue.
Filing History
IRS 990 filing history for West River Improvement Association Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), West River Improvement Association Inc's revenue has grown by 569.8%, moving from $19K to $130K. Total assets decreased by 4.8% over the same period, from $247K to $235K. Total functional expenses rose by 614.2%, from $19K to $133K. In its most recent filing year (2023), West River Improvement Association Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $130K | $133K | $235K | $0 | — | — |
| 2022 | $43K | $60K | $238K | $0 | — | View 990 |
| 2021 | $37K | $29K | $255K | $0 | — | View 990 |
| 2020 | $19K | $19K | $247K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $130K, expenses of $133K, and assets of $235K (revenue +201.3% year-over-year).
- 2022: Revenue of $43K, expenses of $60K, and assets of $238K (revenue +17.4% year-over-year).
- 2021: Revenue of $37K, expenses of $29K, and assets of $255K (revenue +89.3% year-over-year).
- 2020: Revenue of $19K, expenses of $19K, and assets of $247K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for West River Improvement Association Inc:
Data Sources and Methodology
This transparency report for West River Improvement Association 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.