Westend Terzettos
Westend Terzettos maintains stable revenue and assets with no reported officer compensation, despite occasional operating deficits.
EIN: 201948663 · Grand Forks, ND · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $109K |
| Total Expenses | $123K |
| Program Spending | 85% |
| Net Assets | $199K |
| Transparency Score | 85/100 |
Is Westend Terzettos Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Westend Terzettos directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Westend Terzettos
Westend Terzettos (EIN: 201948663) is a nonprofit organization based in Grand Forks, ND, classified under NTEE code L20. The organization reported total revenue of $109K and total assets of $522K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westend Terzettos's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westend Terzettos is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2022).
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $86K |
| Total Expenses | $123K |
| Surplus / Deficit | $-36,554 |
| Total Assets | $251K |
| Total Liabilities | $52K |
| Net Assets | $199K |
| Operating Margin | -42.5% |
| Debt-to-Asset Ratio | 20.8% |
| Months of Reserves | 24.6 months |
Financial Health Grade: B
In 2022, Westend Terzettos reported a deficit of $37K with expenses exceeding revenue, holds 24.6 months of operating reserves (strong position), has a debt-to-asset ratio of 20.8% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -16.2% | +9.0% | -10.0% |
| 2021 | -0.9% | +10.2% | -3.5% |
| 2020 | +1.3% | +26.2% | +0.4% |
| 2019 | -9.5% | -1.2% | +6.3% |
| 2018 | +5.4% | -26.4% | +13.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Westend Terzettos 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Westend Terzettos allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.8%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for minimizing administrative overhead.
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 Westend Terzettos's IRS 990 filings:
- Occasional operating deficits (e.g., 2022 expenses $122,619 vs. revenue $86,065)
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Westend Terzettos:
- Consistent 0% officer compensation across all filings
- Strong asset base ($522,382) relative to annual revenue
- Long history of IRS 990 filings (12 filings) indicating transparency
- Generally stable revenue stream around $100,000 annually
Frequently Asked Questions about Westend Terzettos
Is Westend Terzettos a legitimate charity?
Westend Terzettos (EIN: 201948663) is a registered tax-exempt nonprofit based in North Dakota. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $109K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Westend Terzettos spend its money?
Westend Terzettos directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Westend Terzettos tax-deductible?
Westend Terzettos is registered as a tax-exempt nonprofit (EIN: 201948663). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Westend Terzettos's spending goes to programs?
Westend Terzettos directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Westend Terzettos compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Westend Terzettos is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Westend Terzettos located?
Westend Terzettos is headquartered in Grand Forks, North Dakota and files with the IRS under EIN 201948663. It is classified under NTEE code L20.
How many years of IRS 990 filings does Westend Terzettos have?
Westend Terzettos 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 $109K in total revenue.
Is Westend Terzettos a good charity?
Based on the available data, Westend Terzettos appears to be a well-managed charity in terms of executive compensation (0%) and asset accumulation ($522,382). While it has experienced some operating deficits, its overall financial stability and commitment to minimizing top-level administrative costs are positive indicators.
How does Westend Terzettos manage its finances given occasional deficits?
Westend Terzettos has experienced deficits, such as in 2022 where expenses ($122,619) exceeded revenue ($86,065). These deficits are likely covered by its substantial asset base ($522,382) or prior surpluses, allowing it to continue operations despite year-to-year fluctuations.
What caused the significant revenue spike in 2013?
In 2013, Westend Terzettos reported revenue of $580,854, a substantial increase from its typical annual revenue around $100,000. Without further detail from the 990 filing, this spike could be attributed to a large one-time grant, a major fundraising campaign, or an unusual donation.
Filing History
IRS 990 filing history for Westend Terzettos showing financial trends over 12 years of public records:
Total functional expenses rose by 567%, from $18K to $123K. In its most recent filing year (2022), Westend Terzettos reported a deficit of $37K, with expenses exceeding revenue. The organization holds $52K in liabilities against $251K in assets (debt-to-asset ratio: 20.8%), resulting in net assets of $199K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $86K | $123K | $251K | $52K | — | View 990 |
| 2021 | $103K | $113K | $279K | $43K | — | View 990 |
| 2020 | $104K | $102K | $289K | $44K | — | View 990 |
| 2019 | $102K | $81K | $288K | $44K | — | View 990 |
| 2018 | $113K | $82K | $271K | $48K | — | View 990 |
| 2017 | $107K | $111K | $238K | $47K | — | View 990 |
| 2016 | $115K | $95K | $245K | $50K | — | View 990 |
| 2015 | $118K | $108K | $229K | $55K | — | View 990 |
| 2014 | $150K | $87K | $236K | $67K | — | View 990 |
| 2013 | $581K | $48K | $189K | $84K | — | View 990 |
| 2012 | $-47,316 | $13K | $-421,485 | $6K | — | View 990 |
| 2011 | $-23,000 | $18K | $-365,594 | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $86K, expenses of $123K, and assets of $251K (revenue -16.2% year-over-year).
- 2021: Revenue of $103K, expenses of $113K, and assets of $279K (revenue -0.9% year-over-year).
- 2020: Revenue of $104K, expenses of $102K, and assets of $289K (revenue +1.3% year-over-year).
- 2019: Revenue of $102K, expenses of $81K, and assets of $288K (revenue -9.5% year-over-year).
- 2018: Revenue of $113K, expenses of $82K, and assets of $271K (revenue +5.4% year-over-year).
- 2017: Revenue of $107K, expenses of $111K, and assets of $238K (revenue -7.1% year-over-year).
- 2016: Revenue of $115K, expenses of $95K, and assets of $245K (revenue -1.9% year-over-year).
- 2015: Revenue of $118K, expenses of $108K, and assets of $229K (revenue -21.7% year-over-year).
- 2014: Revenue of $150K, expenses of $87K, and assets of $236K (revenue -74.1% year-over-year).
- 2013: Revenue of $581K, expenses of $48K, and assets of $189K.
- 2012: Revenue of $-47,316, expenses of $13K, and assets of $-421,485.
- 2011: Revenue of $-23,000, expenses of $18K, and assets of $-365,594.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westend Terzettos:
Data Sources and Methodology
This transparency report for Westend Terzettos 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.