Westbrook Chemical Engine Co No 1 Inc
EIN: 66063410 · Westbrook, CT
| Metric | Value |
|---|---|
| Total Revenue | $144K |
| Total Expenses | $63K |
| Net Assets | $925K |
Is Westbrook Chemical Engine Co No 1 Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Westbrook Chemical Engine Co No 1 Inc
Westbrook Chemical Engine Co No 1 Inc (EIN: 66063410) is a nonprofit organization based in Westbrook, CT. The organization reported total revenue of $144K and total assets of $934K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westbrook Chemical Engine Co No 1 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westbrook Chemical Engine Co No 1 Inc is a small nonprofit that has been operating for 61 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $70K |
| Total Expenses | $63K |
| Surplus / Deficit | +$7K |
| Total Assets | $925K |
| Net Assets | $925K |
| Operating Margin | 10.3% |
| Months of Reserves | 176.8 months |
Financial Health Grade: A
In 2023, Westbrook Chemical Engine Co No 1 Inc reported a surplus of $7K with revenue exceeding expenses, holds 176.8 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Westbrook Chemical Engine Co No 1 Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.7% | +78.8% | +0.5% |
| 2022 | +19.3% | -68.6% | +7.5% |
| 2021 | +33.3% | +416.5% | -3.2% |
| 2020 | -40.3% | -20.0% | +4.9% |
| 2019 | +29.0% | -1.1% | +10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1965 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Westbrook Chemical Engine Co No 1 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 Westbrook Chemical Engine Co No 1 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 surplus of $7K, with revenue exceeding expenses.
Frequently Asked Questions about Westbrook Chemical Engine Co No 1 Inc
Is Westbrook Chemical Engine Co No 1 Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Westbrook Chemical Engine Co No 1 Inc (EIN: 66063410) insufficient data. 0 red flags identified, 0 strengths noted.
How does Westbrook Chemical Engine Co No 1 Inc spend its money?
Detailed spending breakdown data is not yet available for Westbrook Chemical Engine Co No 1 Inc. Check back for updated IRS 990 analysis.
Are donations to Westbrook Chemical Engine Co No 1 Inc tax-deductible?
Westbrook Chemical Engine Co No 1 Inc is registered as a tax-exempt nonprofit (EIN: 66063410). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Westbrook Chemical Engine Co No 1 Inc located?
Westbrook Chemical Engine Co No 1 Inc is headquartered in Westbrook, Connecticut and files with the IRS under EIN 66063410.
How many years of IRS 990 filings does Westbrook Chemical Engine Co No 1 Inc have?
Westbrook Chemical Engine Co No 1 Inc has 14 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 $144K in total revenue.
Filing History
IRS 990 filing history for Westbrook Chemical Engine Co No 1 Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Westbrook Chemical Engine Co No 1 Inc's revenue has grown by 111.8%, moving from $33K to $70K. Total assets increased by 80.4% over the same period, from $513K to $925K. Total functional expenses rose by 29.1%, from $49K to $63K. In its most recent filing year (2023), Westbrook Chemical Engine Co No 1 Inc reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $70K | $63K | $925K | $0 | — | — |
| 2022 | $100K | $35K | $921K | $0 | — | View 990 |
| 2021 | $84K | $112K | $856K | $0 | — | — |
| 2020 | $63K | $22K | $885K | $0 | — | — |
| 2019 | $105K | $27K | $844K | $0 | — | View 990 |
| 2018 | $81K | $27K | $766K | $0 | — | View 990 |
| 2017 | $83K | $38K | $712K | $0 | — | View 990 |
| 2016 | $97K | $38K | $666K | $0 | — | View 990 |
| 2015 | $76K | $53K | $607K | $0 | — | View 990 |
| 2014 | $76K | $40K | $582K | $0 | — | View 990 |
| 2013 | $80K | $62K | $546K | $0 | — | View 990 |
| 2012 | $87K | $58K | $528K | $0 | — | View 990 |
| 2011 | $62K | $52K | $499K | $0 | — | View 990 |
| 2010 | $33K | $49K | $513K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $70K, expenses of $63K, and assets of $925K (revenue -29.7% year-over-year).
- 2022: Revenue of $100K, expenses of $35K, and assets of $921K (revenue +19.3% year-over-year).
- 2021: Revenue of $84K, expenses of $112K, and assets of $856K (revenue +33.3% year-over-year).
- 2020: Revenue of $63K, expenses of $22K, and assets of $885K (revenue -40.3% year-over-year).
- 2019: Revenue of $105K, expenses of $27K, and assets of $844K (revenue +29.0% year-over-year).
- 2018: Revenue of $81K, expenses of $27K, and assets of $766K (revenue -2.3% year-over-year).
- 2017: Revenue of $83K, expenses of $38K, and assets of $712K (revenue -14.6% year-over-year).
- 2016: Revenue of $97K, expenses of $38K, and assets of $666K (revenue +28.3% year-over-year).
- 2015: Revenue of $76K, expenses of $53K, and assets of $607K (revenue -0.4% year-over-year).
- 2014: Revenue of $76K, expenses of $40K, and assets of $582K (revenue -4.5% year-over-year).
- 2013: Revenue of $80K, expenses of $62K, and assets of $546K (revenue -8.2% year-over-year).
- 2012: Revenue of $87K, expenses of $58K, and assets of $528K (revenue +39.6% year-over-year).
- 2011: Revenue of $62K, expenses of $52K, and assets of $499K (revenue +88.5% year-over-year).
- 2010: Revenue of $33K, expenses of $49K, and assets of $513K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westbrook Chemical Engine Co No 1 Inc:
Data Sources and Methodology
This transparency report for Westbrook Chemical Engine Co No 1 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.