Westbridge Recovery Opportunity Fund
EIN: 823314869 · Manchester, NH · NTEE: F11
| Metric | Value |
|---|---|
| Total Revenue | $219K |
| Total Expenses | $510K |
| Net Assets | $135K |
Is Westbridge Recovery Opportunity Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Westbridge Recovery Opportunity Fund
Westbridge Recovery Opportunity Fund (EIN: 823314869) is a nonprofit organization based in Manchester, NH, classified under NTEE code F11. The organization reported total revenue of $219K and total assets of $185K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westbridge Recovery Opportunity Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westbridge Recovery Opportunity Fund is a small nonprofit that has been operating for 8 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 32.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $240K |
| Total Expenses | $510K |
| Surplus / Deficit | $-269,547 |
| Total Assets | $274K |
| Total Liabilities | $139K |
| Net Assets | $135K |
| Operating Margin | -112.1% |
| Debt-to-Asset Ratio | 50.9% |
| Months of Reserves | 6.4 months |
Financial Health Grade: C
In 2023, Westbridge Recovery Opportunity Fund reported a deficit of $270K with expenses exceeding revenue, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 50.9% (high leverage).
Financial Trends
Over 6 years of filings (2018–2023), Westbridge Recovery Opportunity Fund's revenue has grown at a compound annual growth rate (CAGR) of 32.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +71.0% | -18.7% | -59.6% |
| 2022 | -88.4% | -3.4% | -44.9% |
| 2021 | +173.3% | -2.3% | +127.2% |
| 2020 | +394.1% | +10.6% | -35.2% |
| 2019 | +52.5% | +33703.1% | +667.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Westbridge Recovery Opportunity Fund 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 Westbridge Recovery Opportunity Fund 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 $270K, with expenses exceeding revenue.
- Debt-to-asset ratio: 50.9%.
Frequently Asked Questions about Westbridge Recovery Opportunity Fund
Is Westbridge Recovery Opportunity Fund a legitimate charity?
Westbridge Recovery Opportunity Fund (EIN: 823314869) is a registered tax-exempt nonprofit based in New Hampshire. It has 6 years of IRS 990 filings on record. Total revenue: $219K. No red flags identified. Financial health grade: C.
How does Westbridge Recovery Opportunity Fund spend its money?
Westbridge Recovery Opportunity Fund reported $219K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Westbridge Recovery Opportunity Fund tax-deductible?
Westbridge Recovery Opportunity Fund is registered as a tax-exempt nonprofit (EIN: 823314869). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Westbridge Recovery Opportunity Fund located?
Westbridge Recovery Opportunity Fund is headquartered in Manchester, New Hampshire and files with the IRS under EIN 823314869. It is classified under NTEE code F11.
How many years of IRS 990 filings does Westbridge Recovery Opportunity Fund have?
Westbridge Recovery Opportunity Fund has 6 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 $219K in total revenue.
Filing History
IRS 990 filing history for Westbridge Recovery Opportunity Fund showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Westbridge Recovery Opportunity Fund's revenue has grown by 307.6%, moving from $59K to $240K. Total assets increased by 151.1% over the same period, from $109K to $274K. Total functional expenses rose by 28583.9%, from $2K to $510K. In its most recent filing year (2023), Westbridge Recovery Opportunity Fund reported a deficit of $270K, with expenses exceeding revenue. The organization holds $139K in liabilities against $274K in assets (debt-to-asset ratio: 50.9%), resulting in net assets of $135K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $240K | $510K | $274K | $139K | — | — |
| 2022 | $141K | $627K | $679K | $274K | — | View 990 |
| 2021 | $1.2M | $650K | $1.2M | $340K | — | View 990 |
| 2020 | $445K | $665K | $542K | $216K | — | — |
| 2019 | $90K | $601K | $837K | $291K | — | View 990 |
| 2018 | $59K | $2K | $109K | $52K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $240K, expenses of $510K, and assets of $274K (revenue +71.0% year-over-year).
- 2022: Revenue of $141K, expenses of $627K, and assets of $679K (revenue -88.4% year-over-year).
- 2021: Revenue of $1.2M, expenses of $650K, and assets of $1.2M (revenue +173.3% year-over-year).
- 2020: Revenue of $445K, expenses of $665K, and assets of $542K (revenue +394.1% year-over-year).
- 2019: Revenue of $90K, expenses of $601K, and assets of $837K (revenue +52.5% year-over-year).
- 2018: Revenue of $59K, expenses of $2K, and assets of $109K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westbridge Recovery Opportunity Fund:
Data Sources and Methodology
This transparency report for Westbridge Recovery Opportunity Fund 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.