Western Professional Associates Inc
EIN: 431655154 · Lawrence, KS
| Metric | Value |
|---|---|
| Total Revenue | $14K |
| Total Expenses | $32K |
| Net Assets | $-48,422 |
Is Western Professional Associates 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 Professional Associates Inc
Western Professional Associates Inc (EIN: 431655154) is a nonprofit organization based in Lawrence, KS. The organization reported total revenue of $14K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western Professional Associates Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Western Professional Associates Inc is a micro nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -27.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $32K |
| Surplus / Deficit | +$611 |
| Total Assets | $535 |
| Total Liabilities | $49K |
| Net Assets | $-48,422 |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 9150.8% |
| Months of Reserves | 0.2 months |
Financial Health Grade: B
In 2023, Western Professional Associates Inc reported a surplus of $611 with revenue exceeding expenses, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 9150.8% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), Western Professional Associates Inc's revenue has declined at a compound annual growth rate (CAGR) of -27.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -49.2% | -50.2% | -99.3% |
| 2022 | -69.6% | -70.5% | — |
| 2021 | -55.5% | -59.7% | — |
| 2020 | -31.9% | -41.1% | -153.3% |
| 2019 | -44.9% | -28.8% | -18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Western Professional Associates 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 Professional Associates 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 $611, with revenue exceeding expenses.
- Debt-to-asset ratio: 9150.8%.
Frequently Asked Questions about Western Professional Associates Inc
Is Western Professional Associates Inc a legitimate charity?
Western Professional Associates Inc (EIN: 431655154) is a registered tax-exempt nonprofit based in Kansas. It has 10 years of IRS 990 filings on record. Total revenue: $14K. No red flags identified. Financial health grade: B.
How does Western Professional Associates Inc spend its money?
Western Professional Associates Inc reported $14K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Western Professional Associates Inc tax-deductible?
Western Professional Associates Inc is registered as a tax-exempt nonprofit (EIN: 431655154). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Western Professional Associates Inc located?
Western Professional Associates Inc is headquartered in Lawrence, Kansas and files with the IRS under EIN 431655154.
How many years of IRS 990 filings does Western Professional Associates Inc have?
Western Professional Associates Inc has 10 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 $14K in total revenue.
Filing History
IRS 990 filing history for Western Professional Associates Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Western Professional Associates Inc's revenue has declined by 97.8%, moving from $1.5M to $33K. Total assets decreased by 99.9% over the same period, from $873K to $535. Total functional expenses fell by 98.3%, from $1.9M to $32K. In its most recent filing year (2023), Western Professional Associates Inc reported a surplus of $611, with revenue exceeding expenses. The organization holds $49K in liabilities against $535 in assets (debt-to-asset ratio: 9150.8%), resulting in net assets of $-48,422.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $32K | $535 | $49K | — | — |
| 2022 | $65K | $65K | $73K | $122K | — | View 990 |
| 2021 | $214K | $220K | $-49,034 | $1 | — | — |
| 2020 | $481K | $547K | $-42,743 | $1 | — | View 990 |
| 2019 | $707K | $928K | $80K | $58K | — | View 990 |
| 2015 | $1.3M | $1.3M | $98K | $95K | — | View 990 |
| 2014 | $1.4M | $1.5M | $297K | $235K | — | View 990 |
| 2013 | $1.5M | $1.7M | $566K | $377K | — | View 990 |
| 2012 | $1.5M | $1.8M | $615K | $311K | — | View 990 |
| 2011 | $1.5M | $1.9M | $873K | $376K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $32K, and assets of $535 (revenue -49.2% year-over-year).
- 2022: Revenue of $65K, expenses of $65K, and assets of $73K (revenue -69.6% year-over-year).
- 2021: Revenue of $214K, expenses of $220K, and assets of $-49,034 (revenue -55.5% year-over-year).
- 2020: Revenue of $481K, expenses of $547K, and assets of $-42,743 (revenue -31.9% year-over-year).
- 2019: Revenue of $707K, expenses of $928K, and assets of $80K (revenue -44.9% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $98K (revenue -8.1% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.5M, and assets of $297K (revenue -7.0% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.7M, and assets of $566K (revenue -2.7% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.8M, and assets of $615K (revenue +3.9% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.9M, and assets of $873K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Western Professional Associates Inc:
Data Sources and Methodology
This transparency report for Western Professional Associates 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.