West Virginia Association For Young Children
West Virginia Association For Young Children shows strong revenue and asset growth with zero liabilities.
EIN: 204374389 · Westover, WV · NTEE: B03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $236K |
| Total Expenses | $126K |
| Program Spending | 80% |
| Net Assets | $78K |
| Transparency Score | 85/100 |
Is West Virginia Association For Young Children Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
West Virginia Association For Young Children directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About West Virginia Association For Young Children
West Virginia Association For Young Children (EIN: 204374389) is a nonprofit organization based in Westover, WV, classified under NTEE code B03. The organization reported total revenue of $236K and total assets of $117K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West Virginia Association For Young Children's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
West Virginia Association For Young Children is a small nonprofit that has been operating for 17 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 140.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $156K |
| Total Expenses | $126K |
| Surplus / Deficit | +$30K |
| Total Assets | $78K |
| Net Assets | $78K |
| Operating Margin | 19.1% |
| Months of Reserves | 7.4 months |
Financial Health Grade: A
In 2023, West Virginia Association For Young Children reported a surplus of $30K with revenue exceeding expenses, holds 7.4 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), West Virginia Association For Young Children's revenue has grown at a compound annual growth rate (CAGR) of 140.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +140.2% | +137.4% | +62.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2009 |
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 West Virginia Association For Young Children 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, West Virginia Association For Young Children allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $30K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reported 0% officer compensation in both 2022 and 2023, suggesting that executive leadership may be volunteer-based or compensated through non-officer channels, which can contribute to a higher proportion of funds directed towards programs.
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 West Virginia Association For Young Children:
- Significant revenue growth: Revenue increased from $65,007 in 2022 to $156,142 in 2023.
- Strong asset growth: Assets grew from $47,737 in 2022 to $77,523 in 2023.
- Zero liabilities: The organization reported $0 in liabilities for both 2022 and 2023, indicating excellent financial stability.
- No reported officer compensation: This suggests a high potential for funds to be directed towards programmatic activities.
- Consistent surplus generation: Expenses ($126,356 in 2023) were consistently lower than revenue ($156,142 in 2023), leading to a healthy surplus.
Frequently Asked Questions about West Virginia Association For Young Children
Is West Virginia Association For Young Children a legitimate charity?
Based on AI analysis of IRS 990 filings, West Virginia Association For Young Children (EIN: 204374389) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does West Virginia Association For Young Children spend its money?
West Virginia Association For Young Children directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to West Virginia Association For Young Children tax-deductible?
West Virginia Association For Young Children is registered as a tax-exempt nonprofit (EIN: 204374389). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of West Virginia Association For Young Children's spending goes to programs?
West Virginia Association For Young Children directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does West Virginia Association For Young Children compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), West Virginia Association For Young Children is above average for NTEE category B03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is West Virginia Association For Young Children located?
West Virginia Association For Young Children is headquartered in Westover, West Virginia and files with the IRS under EIN 204374389. It is classified under NTEE code B03.
How many years of IRS 990 filings does West Virginia Association For Young Children have?
West Virginia Association For Young Children has 2 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 $236K in total revenue.
Is West Virginia Association For Young Children a good charity?
Based on the available data, the West Virginia Association For Young Children appears to be a financially healthy and well-managed charity. It has demonstrated significant revenue and asset growth, maintained zero liabilities, and reported no officer compensation, which are all positive indicators. A more detailed breakdown of program vs. administrative spending would further solidify this assessment.
How has the organization's financial health changed over the past two years?
The organization's financial health has significantly improved. Revenue more than doubled from $65,007 in 2022 to $156,142 in 2023, and assets grew from $47,737 to $77,523 in the same period. Liabilities remained at $0, indicating strong financial management.
What is the organization's approach to executive compensation?
The organization reported 0% officer compensation in both 2022 and 2023, suggesting that executive leadership is either volunteer-based or compensated through means not classified as officer compensation on the 990 form.
Filing History
IRS 990 filing history for West Virginia Association For Young Children showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), West Virginia Association For Young Children's revenue has grown by 140.2%, moving from $65K to $156K. Total assets increased by 62.4% over the same period, from $48K to $78K. Total functional expenses rose by 137.4%, from $53K to $126K. In its most recent filing year (2023), West Virginia Association For Young Children reported a surplus of $30K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $156K | $126K | $78K | $0 | — | — |
| 2022 | $65K | $53K | $48K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for West Virginia Association For Young Children:
Data Sources and Methodology
This transparency report for West Virginia Association For Young Children 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.