Westervelt Charitable Tr Ua 06302000
EIN: 597270530 · Washington, DC · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $44K |
| Total Expenses | $67K |
| Net Assets | $1.7M |
Is Westervelt Charitable Tr Ua 06302000 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Westervelt Charitable Tr Ua 06302000
Westervelt Charitable Tr Ua 06302000 (EIN: 597270530) is a nonprofit organization based in Washington, DC, classified under NTEE code T22. The organization reported total revenue of $44K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westervelt Charitable Tr Ua 06302000's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westervelt Charitable Tr Ua 06302000 is a micro nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $87K |
| Total Expenses | $67K |
| Surplus / Deficit | +$20K |
| Total Assets | $1.7M |
| Total Liabilities | $1 |
| Net Assets | $1.7M |
| Operating Margin | 22.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 302.3 months |
Financial Health Grade: A
In 2024, Westervelt Charitable Tr Ua 06302000 reported a surplus of $20K with revenue exceeding expenses, holds 302.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Westervelt Charitable Tr Ua 06302000's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +110.8% | +8.9% | +18.9% |
| 2023 | -16.5% | -10.8% | +5.3% |
| 2022 | +37.0% | +19.5% | +1.5% |
| 2021 | +56.4% | +5.9% | +23.0% |
| 2020 | -34.1% | +8.6% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Westervelt Charitable Tr Ua 06302000 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 Westervelt Charitable Tr Ua 06302000 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Westervelt Charitable Tr Ua 06302000
Is Westervelt Charitable Tr Ua 06302000 a legitimate charity?
Westervelt Charitable Tr Ua 06302000 (EIN: 597270530) is a registered tax-exempt nonprofit based in Washington DC. It has 10 years of IRS 990 filings on record. Total revenue: $44K. No red flags identified. Financial health grade: A.
How does Westervelt Charitable Tr Ua 06302000 spend its money?
Westervelt Charitable Tr Ua 06302000 reported $44K 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 Westervelt Charitable Tr Ua 06302000 tax-deductible?
Westervelt Charitable Tr Ua 06302000 is registered as a tax-exempt nonprofit (EIN: 597270530). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Westervelt Charitable Tr Ua 06302000 located?
Westervelt Charitable Tr Ua 06302000 is headquartered in Washington, Washington DC and files with the IRS under EIN 597270530. It is classified under NTEE code T22.
How many years of IRS 990 filings does Westervelt Charitable Tr Ua 06302000 have?
Westervelt Charitable Tr Ua 06302000 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 $44K in total revenue.
Filing History
IRS 990 filing history for Westervelt Charitable Tr Ua 06302000 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Westervelt Charitable Tr Ua 06302000's revenue has grown by 154.9%, moving from $34K to $87K. Total assets increased by 95.8% over the same period, from $866K to $1.7M. Total functional expenses rose by 45.5%, from $46K to $67K. In its most recent filing year (2024), Westervelt Charitable Tr Ua 06302000 reported a surplus of $20K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $87K | $67K | $1.7M | $1 | — | — |
| 2023 | $41K | $62K | $1.4M | $1 | — | View 990 |
| 2022 | $50K | $69K | $1.4M | $1 | — | View 990 |
| 2021 | $36K | $58K | $1.3M | $1 | — | — |
| 2020 | $23K | $55K | $1.1M | $1 | — | View 990 |
| 2016 | $35K | $50K | $1.1M | $1 | — | View 990 |
| 2015 | $42K | $67K | $965K | $1 | — | View 990 |
| 2014 | $34K | $45K | $1.0M | $1 | — | View 990 |
| 2013 | $35K | $33K | $929K | $1 | — | View 990 |
| 2012 | $34K | $46K | $866K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $87K, expenses of $67K, and assets of $1.7M (revenue +110.8% year-over-year).
- 2023: Revenue of $41K, expenses of $62K, and assets of $1.4M (revenue -16.5% year-over-year).
- 2022: Revenue of $50K, expenses of $69K, and assets of $1.4M (revenue +37.0% year-over-year).
- 2021: Revenue of $36K, expenses of $58K, and assets of $1.3M (revenue +56.4% year-over-year).
- 2020: Revenue of $23K, expenses of $55K, and assets of $1.1M (revenue -34.1% year-over-year).
- 2016: Revenue of $35K, expenses of $50K, and assets of $1.1M (revenue -17.3% year-over-year).
- 2015: Revenue of $42K, expenses of $67K, and assets of $965K (revenue +23.5% year-over-year).
- 2014: Revenue of $34K, expenses of $45K, and assets of $1.0M (revenue -0.4% year-over-year).
- 2013: Revenue of $35K, expenses of $33K, and assets of $929K (revenue +0.7% year-over-year).
- 2012: Revenue of $34K, expenses of $46K, and assets of $866K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westervelt Charitable Tr Ua 06302000:
Data Sources and Methodology
This transparency report for Westervelt Charitable Tr Ua 06302000 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.