Western Area School Employee Benefits Trust
EIN: 371181316 · Macomb, IL · NTEE: Y44
Is Western Area School Employee Benefits Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Western Area School Employee Benefits Trust
Western Area School Employee Benefits Trust (EIN: 371181316) is a nonprofit organization based in Macomb, IL, classified under NTEE code Y44. The organization reported total revenue of $16.9M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western Area School Employee Benefits Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Western Area School Employee Benefits Trust 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 Western Area School Employee Benefits Trust 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.
Frequently Asked Questions about Western Area School Employee Benefits Trust
Is Western Area School Employee Benefits Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Western Area School Employee Benefits Trust (EIN: 371181316) insufficient data. 0 red flags identified, 0 strengths noted.
How does Western Area School Employee Benefits Trust spend its money?
Detailed spending breakdown data is not yet available for Western Area School Employee Benefits Trust. Check back for updated IRS 990 analysis.
Are donations to Western Area School Employee Benefits Trust tax-deductible?
Western Area School Employee Benefits Trust is registered as a tax-exempt nonprofit (EIN: 371181316). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Western Area School Employee Benefits Trust showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2014–2023), Western Area School Employee Benefits Trust's revenue has declined by 21.9%, moving from $15.9M to $12.4M. Total assets decreased by 48.6% over the same period, from $2.8M to $1.4M. Total functional expenses fell by 15.6%, from $15.4M to $13.0M. In its most recent filing year (2023), Western Area School Employee Benefits Trust reported a deficit of $635K, with expenses exceeding revenue. The organization holds $1.6M in liabilities against $1.4M in assets (debt-to-asset ratio: 112.2%), resulting in net assets of $-175,026.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $12.4M | $13.0M | $1.4M | $1.6M | — | View 990 |
| 2022 | $12.2M | $14.2M | $3.2M | $2.7M | — | View 990 |
| 2021 | $12.6M | $12.8M | $3.9M | $1.4M | — | View 990 |
| 2020 | $14.3M | $12.4M | $4.4M | $1.7M | — | — |
| 2019 | $14.8M | $15.5M | $2.8M | $2.0M | — | View 990 |
| 2018 | $15.6M | $15.0M | $2.7M | $1.2M | — | View 990 |
| 2017 | $14.5M | $15.3M | $1.9M | $1.2M | — | — |
| 2015 | $15.8M | $16.3M | $2.3M | $1.4M | — | — |
| 2014 | $15.9M | $15.4M | $2.8M | $1.3M | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $12.4M, expenses of $13.0M, and assets of $1.4M (revenue +1.7% year-over-year).
- 2022: Revenue of $12.2M, expenses of $14.2M, and assets of $3.2M (revenue -3.2% year-over-year).
- 2021: Revenue of $12.6M, expenses of $12.8M, and assets of $3.9M (revenue -11.9% year-over-year).
- 2020: Revenue of $14.3M, expenses of $12.4M, and assets of $4.4M (revenue -3.3% year-over-year).
- 2019: Revenue of $14.8M, expenses of $15.5M, and assets of $2.8M (revenue -5.3% year-over-year).
- 2018: Revenue of $15.6M, expenses of $15.0M, and assets of $2.7M (revenue +7.9% year-over-year).
- 2017: Revenue of $14.5M, expenses of $15.3M, and assets of $1.9M (revenue -8.5% year-over-year).
- 2015: Revenue of $15.8M, expenses of $16.3M, and assets of $2.3M (revenue -0.4% year-over-year).
- 2014: Revenue of $15.9M, expenses of $15.4M, and assets of $2.8M.
Data Sources and Methodology
This transparency report for Western Area School Employee Benefits Trust 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.