Western Reserve Health Foundation
EIN: 341461047 · Youngstown, OH · NTEE: E32Z
| Metric | Value |
|---|---|
| Total Revenue | $6.5M |
| Total Expenses | $700K |
| Net Assets | $17.0M |
Is Western Reserve Health Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Western Reserve Health Foundation
Western Reserve Health Foundation (EIN: 341461047) is a nonprofit organization based in Youngstown, OH, classified under NTEE code E32Z. The organization reported total revenue of $6.5M and total assets of $18.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western Reserve Health Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Western Reserve Health Foundation is a mid-size nonprofit that has been operating for 41 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 31.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $802K |
| Total Expenses | $700K |
| Surplus / Deficit | +$102K |
| Total Assets | $17.0M |
| Net Assets | $17.0M |
| Operating Margin | 12.7% |
| Months of Reserves | 291.8 months |
Financial Health Grade: A
In 2023, Western Reserve Health Foundation reported a surplus of $102K with revenue exceeding expenses, holds 291.8 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Western Reserve Health Foundation's revenue has grown at a compound annual growth rate (CAGR) of 31.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.9% | -17.5% | +9.8% |
| 2022 | -64.1% | +4.1% | -19.2% |
| 2021 | +299.7% | +7.4% | +10.7% |
| 2020 | -69.0% | +10.4% | +6.3% |
| 2019 | +10.7% | +27.9% | +15.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Western Reserve Health Foundation 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 Reserve Health Foundation 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 $102K, with revenue exceeding expenses.
Frequently Asked Questions about Western Reserve Health Foundation
Is Western Reserve Health Foundation a legitimate charity?
Western Reserve Health Foundation (EIN: 341461047) is a registered tax-exempt nonprofit based in Ohio. It has 14 years of IRS 990 filings on record. Total revenue: $6.5M. No red flags identified. Financial health grade: A.
How does Western Reserve Health Foundation spend its money?
Western Reserve Health Foundation reported $6.5M in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Western Reserve Health Foundation tax-deductible?
Western Reserve Health Foundation is registered as a tax-exempt nonprofit (EIN: 341461047). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Western Reserve Health Foundation located?
Western Reserve Health Foundation is headquartered in Youngstown, Ohio and files with the IRS under EIN 341461047. It is classified under NTEE code E32Z.
How many years of IRS 990 filings does Western Reserve Health Foundation have?
Western Reserve Health Foundation has 14 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 $6.5M in total revenue.
Filing History
IRS 990 filing history for Western Reserve Health Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Western Reserve Health Foundation's revenue has grown by 3352.6%, moving from $23K to $802K. Total assets decreased by 20.1% over the same period, from $21.3M to $17.0M. Total functional expenses rose by 742.3%, from $83K to $700K. In its most recent filing year (2023), Western Reserve Health Foundation reported a surplus of $102K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $802K | $700K | $17.0M | $0 | — | — |
| 2022 | $632K | $849K | $15.5M | $0 | — | View 990 |
| 2021 | $1.8M | $816K | $19.2M | $0 | — | View 990 |
| 2020 | $441K | $760K | $17.3M | $0 | — | View 990 |
| 2019 | $1.4M | $688K | $16.3M | $0 | — | View 990 |
| 2018 | $1.3M | $538K | $14.1M | $0 | — | View 990 |
| 2017 | $927K | $710K | $15.4M | $0 | — | View 990 |
| 2016 | $562K | $296K | $14.1M | $0 | — | View 990 |
| 2015 | $789K | $406K | $13.5M | $0 | — | View 990 |
| 2014 | $1.0M | $258K | $13.9M | $0 | — | View 990 |
| 2013 | $1.1M | $147K | $13.2M | $0 | — | View 990 |
| 2012 | $277K | $65K | $11.1M | $0 | — | View 990 |
| 2011 | $25K | $295K | $8.6M | $0 | — | View 990 |
| 2010 | $23K | $83K | $21.3M | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $802K, expenses of $700K, and assets of $17.0M (revenue +26.9% year-over-year).
- 2022: Revenue of $632K, expenses of $849K, and assets of $15.5M (revenue -64.1% year-over-year).
- 2021: Revenue of $1.8M, expenses of $816K, and assets of $19.2M (revenue +299.7% year-over-year).
- 2020: Revenue of $441K, expenses of $760K, and assets of $17.3M (revenue -69.0% year-over-year).
- 2019: Revenue of $1.4M, expenses of $688K, and assets of $16.3M (revenue +10.7% year-over-year).
- 2018: Revenue of $1.3M, expenses of $538K, and assets of $14.1M (revenue +38.3% year-over-year).
- 2017: Revenue of $927K, expenses of $710K, and assets of $15.4M (revenue +64.9% year-over-year).
- 2016: Revenue of $562K, expenses of $296K, and assets of $14.1M (revenue -28.7% year-over-year).
- 2015: Revenue of $789K, expenses of $406K, and assets of $13.5M (revenue -23.2% year-over-year).
- 2014: Revenue of $1.0M, expenses of $258K, and assets of $13.9M (revenue -7.5% year-over-year).
- 2013: Revenue of $1.1M, expenses of $147K, and assets of $13.2M (revenue +300.1% year-over-year).
- 2012: Revenue of $277K, expenses of $65K, and assets of $11.1M (revenue +1018.0% year-over-year).
- 2011: Revenue of $25K, expenses of $295K, and assets of $8.6M (revenue +6.8% year-over-year).
- 2010: Revenue of $23K, expenses of $83K, and assets of $21.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Western Reserve Health Foundation:
Data Sources and Methodology
This transparency report for Western Reserve Health Foundation 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.