Westbank Arc Incorporate
EIN: 720537568 · Gretna, LA · NTEE: P82Z
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $1.3M |
| Net Assets | $693K |
Is Westbank Arc Incorporate Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Westbank Arc Incorporate
Westbank Arc Incorporate (EIN: 720537568) is a nonprofit organization based in Gretna, LA, classified under NTEE code P82Z. The organization reported total revenue of $2.5M and total assets of $864K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westbank Arc Incorporate's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westbank Arc Incorporate is a mid-size nonprofit that has been operating for 36 years, with 12 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-65,510 |
| Total Assets | $756K |
| Total Liabilities | $63K |
| Net Assets | $693K |
| Operating Margin | -5.5% |
| Debt-to-Asset Ratio | 8.4% |
| Months of Reserves | 7.2 months |
Financial Health Grade: B
In 2024, Westbank Arc Incorporate reported a deficit of $66K with expenses exceeding revenue, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 8.4% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2024), Westbank Arc Incorporate's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +15.3% | +14.4% | +2.4% |
| 2023 | +4.5% | +17.0% | +7.6% |
| 2022 | +20.5% | -6.4% | +9.5% |
| 2021 | -31.4% | -15.5% | -10.6% |
| 2020 | +13.1% | +6.5% | +40.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Westbank Arc Incorporate 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 Westbank Arc Incorporate 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.4%.
Frequently Asked Questions about Westbank Arc Incorporate
Is Westbank Arc Incorporate a legitimate charity?
Based on AI analysis of IRS 990 filings, Westbank Arc Incorporate (EIN: 720537568) insufficient data. 0 red flags identified, 0 strengths noted.
How does Westbank Arc Incorporate spend its money?
Detailed spending breakdown data is not yet available for Westbank Arc Incorporate. Check back for updated IRS 990 analysis.
Are donations to Westbank Arc Incorporate tax-deductible?
Westbank Arc Incorporate is registered as a tax-exempt nonprofit (EIN: 720537568). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Westbank Arc Incorporate located?
Westbank Arc Incorporate is headquartered in Gretna, Louisiana and files with the IRS under EIN 720537568. It is classified under NTEE code P82Z.
How many years of IRS 990 filings does Westbank Arc Incorporate have?
Westbank Arc Incorporate has 12 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 Westbank Arc Incorporate showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2024), Westbank Arc Incorporate's revenue has grown by 48.8%, moving from $805K to $1.2M. Total assets increased by 24% over the same period, from $609K to $756K. Total functional expenses rose by 15.7%, from $1.1M to $1.3M. In its most recent filing year (2024), Westbank Arc Incorporate reported a deficit of $66K, with expenses exceeding revenue. The organization holds $63K in liabilities against $756K in assets (debt-to-asset ratio: 8.4%), resulting in net assets of $693K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.2M | $1.3M | $756K | $63K | — | View 990 |
| 2023 | $1.0M | $1.1M | $738K | $81K | — | — |
| 2022 | $994K | $944K | $685K | $55K | — | View 990 |
| 2021 | $824K | $1.0M | $626K | $70K | — | View 990 |
| 2020 | $1.2M | $1.2M | $700K | $90K | — | — |
| 2018 | $1.1M | $1.1M | $497K | $59K | — | View 990 |
| 2016 | $1.2M | $1.2M | $625K | $88K | — | View 990 |
| 2015 | $1.1M | $1.1M | $650K | $106K | — | View 990 |
| 2014 | $1.3M | $1.2M | $610K | $106K | — | View 990 |
| 2013 | $1.3M | $1.3M | $566K | $117K | — | View 990 |
| 2012 | $1.1M | $1.2M | $446K | $61K | — | View 990 |
| 2011 | $805K | $1.1M | $609K | $126K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.2M, expenses of $1.3M, and assets of $756K (revenue +15.3% year-over-year).
- 2023: Revenue of $1.0M, expenses of $1.1M, and assets of $738K (revenue +4.5% year-over-year).
- 2022: Revenue of $994K, expenses of $944K, and assets of $685K (revenue +20.5% year-over-year).
- 2021: Revenue of $824K, expenses of $1.0M, and assets of $626K (revenue -31.4% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.2M, and assets of $700K (revenue +13.1% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $497K (revenue -8.1% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $625K (revenue +1.7% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $650K (revenue -9.4% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.2M, and assets of $610K (revenue -5.1% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $566K (revenue +21.7% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.2M, and assets of $446K (revenue +35.1% year-over-year).
- 2011: Revenue of $805K, expenses of $1.1M, and assets of $609K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westbank Arc Incorporate:
Data Sources and Methodology
This transparency report for Westbank Arc Incorporate 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.