West Virginia Automobile Insurance Plan
West Virginia Automobile Insurance Plan reports zero revenue and assets in its latest filing, following years of consistent positive net income.
EIN: 136194673 · Johnston, RI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $38K |
| Program Spending | 75% |
| Net Assets | $103K |
| Transparency Score | 75/100 |
Is West Virginia Automobile Insurance Plan Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
West Virginia Automobile Insurance Plan directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About West Virginia Automobile Insurance Plan
West Virginia Automobile Insurance Plan (EIN: 136194673) is a nonprofit organization based in Johnston, RI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West Virginia Automobile Insurance Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
West Virginia Automobile Insurance Plan is a micro nonprofit, with 4 years of IRS 990 filings on record (2016–2019). Revenue has grown at a compound annual rate of -29.4%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $38K |
| Surplus / Deficit | +$3K |
| Total Assets | $104K |
| Total Liabilities | $928 |
| Net Assets | $103K |
| Operating Margin | 8.1% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 32.3 months |
Financial Health Grade: A
In 2019, West Virginia Automobile Insurance Plan reported a surplus of $3K with revenue exceeding expenses, holds 32.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 4 years of filings (2016–2019), West Virginia Automobile Insurance Plan's revenue has declined at a compound annual growth rate (CAGR) of -29.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -35.5% | +8.2% | +63.0% |
| 2018 | -8.3% | -18.7% | -0.5% |
| 2017 | -40.4% | -47.1% | +274.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
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 Automobile Insurance Plan with a Mission Score of 75 out of 100 (Good). 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: 75%
- fundraising: 10%
According to IRS 990 filings, West Virginia Automobile Insurance Plan allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% of expenses across all available filings, indicating that no officers received compensation, which is highly efficient for an organization of this size.
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 West Virginia Automobile Insurance Plan's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, raising questions about current operations and financial viability.
- NTEE Code is unknown, which can sometimes hinder understanding of its specific charitable purpose and peer comparisons.
Strengths
The following positive indicators were identified for West Virginia Automobile Insurance Plan:
- Consistent positive net income in prior years (e.g., $41,834 revenue vs $38,464 expenses in 201912).
- 0% officer compensation reported across all filings, indicating highly efficient use of funds for leadership.
- Historically maintained a healthy asset base relative to liabilities (e.g., $103,551 assets vs $928 liabilities in 201912).
Frequently Asked Questions about West Virginia Automobile Insurance Plan
Is West Virginia Automobile Insurance Plan a legitimate charity?
Based on AI analysis of IRS 990 filings, West Virginia Automobile Insurance Plan (EIN: 136194673) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does West Virginia Automobile Insurance Plan spend its money?
West Virginia Automobile Insurance Plan directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to West Virginia Automobile Insurance Plan tax-deductible?
West Virginia Automobile Insurance Plan is registered as a tax-exempt nonprofit (EIN: 136194673). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of West Virginia Automobile Insurance Plan's spending goes to programs?
West Virginia Automobile Insurance Plan directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is West Virginia Automobile Insurance Plan located?
West Virginia Automobile Insurance Plan is headquartered in Johnston, Rhode Island and files with the IRS under EIN 136194673.
How many years of IRS 990 filings does West Virginia Automobile Insurance Plan have?
West Virginia Automobile Insurance Plan has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What caused the sudden drop to $0 revenue and assets in the latest filing?
The provided data does not specify the reason for the $0 revenue and assets in the latest filing. This could indicate a change in operational status, a merger, or a specific financial reporting nuance not evident from the summary data.
Is the West Virginia Automobile Insurance Plan still actively operating?
The latest filing showing $0 revenue and assets raises questions about its current operational status. Further investigation into their activities beyond the summary financial data would be needed to confirm.
How does the organization fund its operations if it reports $0 revenue?
If the organization is still operating, the $0 revenue suggests it might be funded through a different mechanism not captured as 'revenue' in the summary, or it may be drawing down on prior reserves, though assets are also reported as $0. This is a significant area for clarification.
Filing History
IRS 990 filing history for West Virginia Automobile Insurance Plan showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2016–2019), West Virginia Automobile Insurance Plan's revenue has declined by 64.8%, moving from $119K to $42K. Total assets increased by 507.9% over the same period, from $17K to $104K. Total functional expenses fell by 53.5%, from $83K to $38K. In its most recent filing year (2019), West Virginia Automobile Insurance Plan reported a surplus of $3K, with revenue exceeding expenses. The organization holds $928 in liabilities against $104K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $103K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $42K | $38K | $104K | $928 | — | View 990 |
| 2018 | $65K | $36K | $64K | $928 | — | View 990 |
| 2017 | $71K | $44K | $64K | $829 | — | — |
| 2016 | $119K | $83K | $17K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $42K, expenses of $38K, and assets of $104K (revenue -35.5% year-over-year).
- 2018: Revenue of $65K, expenses of $36K, and assets of $64K (revenue -8.3% year-over-year).
- 2017: Revenue of $71K, expenses of $44K, and assets of $64K (revenue -40.4% year-over-year).
- 2016: Revenue of $119K, expenses of $83K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for West Virginia Automobile Insurance Plan:
Data Sources and Methodology
This transparency report for West Virginia Automobile Insurance Plan 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.