Westerly Higher Education And Job Skills Center
EIN: 475069171 · Providence, RI · NTEE: T31
| Metric | Value |
|---|---|
| Total Revenue | $11K |
| Total Expenses | $612K |
| Net Assets | $38 |
Is Westerly Higher Education And Job Skills Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Westerly Higher Education And Job Skills Center
Westerly Higher Education And Job Skills Center (EIN: 475069171) is a nonprofit organization based in Providence, RI, classified under NTEE code T31. The organization reported total revenue of $11K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westerly Higher Education And Job Skills Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westerly Higher Education And Job Skills Center is a micro nonprofit that has been operating for 10 years, with 4 years of IRS 990 filings on record (2015–2018).
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $612K |
| Surplus / Deficit | $-601,383 |
| Total Assets | $2K |
| Total Liabilities | $2K |
| Net Assets | $38 |
| Operating Margin | -5540.1% |
| Debt-to-Asset Ratio | 98.2% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2018, Westerly Higher Education And Job Skills Center reported a deficit of $601K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 98.2% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -83.0% | +1621.2% | -99.7% |
| 2017 | -88.9% | +1579.4% | -11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Westerly Higher Education And Job Skills Center 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 Westerly Higher Education And Job Skills Center 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $601K, with expenses exceeding revenue.
- Debt-to-asset ratio: 98.2%.
Frequently Asked Questions about Westerly Higher Education And Job Skills Center
Is Westerly Higher Education And Job Skills Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Westerly Higher Education And Job Skills Center (EIN: 475069171) insufficient data. 0 red flags identified, 0 strengths noted.
How does Westerly Higher Education And Job Skills Center spend its money?
Detailed spending breakdown data is not yet available for Westerly Higher Education And Job Skills Center. Check back for updated IRS 990 analysis.
Are donations to Westerly Higher Education And Job Skills Center tax-deductible?
Westerly Higher Education And Job Skills Center is registered as a tax-exempt nonprofit (EIN: 475069171). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Westerly Higher Education And Job Skills Center located?
Westerly Higher Education And Job Skills Center is headquartered in Providence, Rhode Island and files with the IRS under EIN 475069171. It is classified under NTEE code T31.
How many years of IRS 990 filings does Westerly Higher Education And Job Skills Center have?
Westerly Higher Education And Job Skills Center has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $11K in total revenue.
Filing History
IRS 990 filing history for Westerly Higher Education And Job Skills Center showing financial trends over 4 years of public records:
Total assets increased by 213600% over the same period, from $1 to $2K. In its most recent filing year (2018), Westerly Higher Education And Job Skills Center reported a deficit of $601K, with expenses exceeding revenue. The organization holds $2K in liabilities against $2K in assets (debt-to-asset ratio: 98.2%), resulting in net assets of $38.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $11K | $612K | $2K | $2K | — | View 990 |
| 2017 | $64K | $36K | $634K | $32K | — | View 990 |
| 2016 | $575K | $2K | $713K | $140K | — | View 990 |
| 2015 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $11K, expenses of $612K, and assets of $2K (revenue -83.0% year-over-year).
- 2017: Revenue of $64K, expenses of $36K, and assets of $634K (revenue -88.9% year-over-year).
- 2016: Revenue of $575K, expenses of $2K, and assets of $713K.
- 2015: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westerly Higher Education And Job Skills Center:
Data Sources and Methodology
This transparency report for Westerly Higher Education And Job Skills Center 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.