Western North Carolina Historical Association Incorporation
EIN: 237348133 · Asheville, NC · NTEE: A82Z
| Metric | Value |
|---|---|
| Total Revenue | $198K |
| Total Expenses | $372K |
| Net Assets | $3.6M |
Is Western North Carolina Historical Association Incorporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Western North Carolina Historical Association Incorporation
Western North Carolina Historical Association Incorporation (EIN: 237348133) is a nonprofit organization based in Asheville, NC, classified under NTEE code A82Z. The organization reported total revenue of $198K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western North Carolina Historical Association Incorporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Western North Carolina Historical Association Incorporation is a small nonprofit that has been operating for 52 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $193K |
| Total Expenses | $372K |
| Surplus / Deficit | $-179,095 |
| Total Assets | $3.6M |
| Total Liabilities | $2K |
| Net Assets | $3.6M |
| Operating Margin | -92.7% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 115.2 months |
Financial Health Grade: B
In 2023, Western North Carolina Historical Association Incorporation reported a deficit of $179K with expenses exceeding revenue, holds 115.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Western North Carolina Historical Association Incorporation's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.2% | +18.6% | -6.2% |
| 2022 | -87.9% | +99.3% | -12.5% |
| 2021 | +2085.2% | +54.6% | +69.9% |
| 2020 | -96.0% | +46.7% | -0.2% |
| 2019 | +3931.3% | +6.2% | +724.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Western North Carolina Historical Association Incorporation 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 North Carolina Historical Association Incorporation 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 deficit of $179K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Western North Carolina Historical Association Incorporation
Is Western North Carolina Historical Association Incorporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Western North Carolina Historical Association Incorporation (EIN: 237348133) insufficient data. 0 red flags identified, 0 strengths noted.
How does Western North Carolina Historical Association Incorporation spend its money?
Detailed spending breakdown data is not yet available for Western North Carolina Historical Association Incorporation. Check back for updated IRS 990 analysis.
Are donations to Western North Carolina Historical Association Incorporation tax-deductible?
Western North Carolina Historical Association Incorporation is registered as a tax-exempt nonprofit (EIN: 237348133). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Western North Carolina Historical Association Incorporation located?
Western North Carolina Historical Association Incorporation is headquartered in Asheville, North Carolina and files with the IRS under EIN 237348133. It is classified under NTEE code A82Z.
How many years of IRS 990 filings does Western North Carolina Historical Association Incorporation have?
Western North Carolina Historical Association Incorporation 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 $198K in total revenue.
Filing History
IRS 990 filing history for Western North Carolina Historical Association Incorporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Western North Carolina Historical Association Incorporation's revenue has grown by 254.4%, moving from $55K to $193K. Total assets increased by 1075.3% over the same period, from $304K to $3.6M. Total functional expenses rose by 589.1%, from $54K to $372K. In its most recent filing year (2023), Western North Carolina Historical Association Incorporation reported a deficit of $179K, with expenses exceeding revenue. The organization holds $2K in liabilities against $3.6M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $193K | $372K | $3.6M | $2K | — | View 990 |
| 2022 | $248K | $314K | $3.8M | $0 | — | View 990 |
| 2021 | $2.1M | $157K | $4.4M | $2K | — | View 990 |
| 2020 | $94K | $102K | $2.6M | $2K | — | View 990 |
| 2019 | $2.3M | $69K | $2.6M | $382 | — | View 990 |
| 2018 | $58K | $65K | $312K | $450 | — | View 990 |
| 2017 | $65K | $91K | $309K | $249 | — | View 990 |
| 2016 | $64K | $84K | $317K | $95 | — | View 990 |
| 2015 | $88K | $91K | $348K | $0 | — | View 990 |
| 2014 | $108K | $98K | $348K | $0 | — | View 990 |
| 2013 | $73K | $66K | $319K | $597 | — | View 990 |
| 2012 | $55K | $54K | $304K | $807 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $193K, expenses of $372K, and assets of $3.6M (revenue -22.2% year-over-year).
- 2022: Revenue of $248K, expenses of $314K, and assets of $3.8M (revenue -87.9% year-over-year).
- 2021: Revenue of $2.1M, expenses of $157K, and assets of $4.4M (revenue +2085.2% year-over-year).
- 2020: Revenue of $94K, expenses of $102K, and assets of $2.6M (revenue -96.0% year-over-year).
- 2019: Revenue of $2.3M, expenses of $69K, and assets of $2.6M (revenue +3931.3% year-over-year).
- 2018: Revenue of $58K, expenses of $65K, and assets of $312K (revenue -11.4% year-over-year).
- 2017: Revenue of $65K, expenses of $91K, and assets of $309K (revenue +1.8% year-over-year).
- 2016: Revenue of $64K, expenses of $84K, and assets of $317K (revenue -27.6% year-over-year).
- 2015: Revenue of $88K, expenses of $91K, and assets of $348K (revenue -18.1% year-over-year).
- 2014: Revenue of $108K, expenses of $98K, and assets of $348K (revenue +47.7% year-over-year).
- 2013: Revenue of $73K, expenses of $66K, and assets of $319K (revenue +33.8% year-over-year).
- 2012: Revenue of $55K, expenses of $54K, and assets of $304K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Western North Carolina Historical Association Incorporation:
Data Sources and Methodology
This transparency report for Western North Carolina Historical Association Incorporation 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.