Western Futures Fund Inc
EIN: 873907363 · Sheridan, WY · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $8.7M |
| Total Expenses | $2.4M |
| Net Assets | $951K |
Is Western Futures Fund Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Western Futures Fund Inc
Western Futures Fund Inc (EIN: 873907363) is a nonprofit organization based in Sheridan, WY, classified under NTEE code T20. The organization reported total revenue of $8.7M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western Futures Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Western Futures Fund Inc is a mid-size nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$829K |
| Total Assets | $962K |
| Total Liabilities | $11K |
| Net Assets | $951K |
| Operating Margin | 25.4% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 4.7 months |
Financial Health Grade: A
In 2023, Western Futures Fund Inc reported a surplus of $829K with revenue exceeding expenses, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Western Futures Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.9% | -20.4% | +158.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Western Futures Fund 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 Western Futures Fund 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 $829K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.1%.
Frequently Asked Questions about Western Futures Fund Inc
Is Western Futures Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Western Futures Fund Inc (EIN: 873907363) insufficient data. 0 red flags identified, 0 strengths noted.
How does Western Futures Fund Inc spend its money?
Detailed spending breakdown data is not yet available for Western Futures Fund Inc. Check back for updated IRS 990 analysis.
Are donations to Western Futures Fund Inc tax-deductible?
Western Futures Fund Inc is registered as a tax-exempt nonprofit (EIN: 873907363). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Western Futures Fund Inc located?
Western Futures Fund Inc is headquartered in Sheridan, Wyoming and files with the IRS under EIN 873907363. It is classified under NTEE code T20.
How many years of IRS 990 filings does Western Futures Fund Inc have?
Western Futures Fund Inc has 2 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 $8.7M in total revenue.
Filing History
IRS 990 filing history for Western Futures Fund Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Western Futures Fund Inc's revenue has declined by 4.9%, moving from $3.4M to $3.3M. Total assets increased by 158.5% over the same period, from $372K to $962K. Total functional expenses fell by 20.4%, from $3.1M to $2.4M. In its most recent filing year (2023), Western Futures Fund Inc reported a surplus of $829K, with revenue exceeding expenses. The organization holds $11K in liabilities against $962K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $951K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $2.4M | $962K | $11K | — | — |
| 2022 | $3.4M | $3.1M | $372K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Western Futures Fund Inc:
Data Sources and Methodology
This transparency report for Western Futures Fund 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.