Westlake Chap Club Inc
EIN: 742548150 · Austin, TX · NTEE: B94Z
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.6M |
| Net Assets | $418K |
Is Westlake Chap Club Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Westlake Chap Club Inc
Westlake Chap Club Inc (EIN: 742548150) is a nonprofit organization based in Austin, TX, classified under NTEE code B94Z. The organization reported total revenue of $2.1M and total assets of $902K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westlake Chap Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westlake Chap Club Inc is a mid-size nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$51K |
| Total Assets | $763K |
| Total Liabilities | $344K |
| Net Assets | $418K |
| Operating Margin | 3.1% |
| Debt-to-Asset Ratio | 45.1% |
| Months of Reserves | 5.8 months |
Financial Health Grade: A
In 2023, Westlake Chap Club Inc reported a surplus of $51K with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 45.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Westlake Chap Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.8% | +26.8% | +8.4% |
| 2022 | +83.5% | +54.9% | +27.3% |
| 2021 | -22.4% | +2.8% | -12.8% |
| 2020 | +10.6% | +11.4% | +18.0% |
| 2019 | +1.2% | -4.9% | +16.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Westlake Chap Club 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 Westlake Chap Club 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 $51K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.1%.
Frequently Asked Questions about Westlake Chap Club Inc
Is Westlake Chap Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Westlake Chap Club Inc (EIN: 742548150) insufficient data. 0 red flags identified, 0 strengths noted.
How does Westlake Chap Club Inc spend its money?
Detailed spending breakdown data is not yet available for Westlake Chap Club Inc. Check back for updated IRS 990 analysis.
Are donations to Westlake Chap Club Inc tax-deductible?
Westlake Chap Club Inc is registered as a tax-exempt nonprofit (EIN: 742548150). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Westlake Chap Club Inc located?
Westlake Chap Club Inc is headquartered in Austin, Texas and files with the IRS under EIN 742548150. It is classified under NTEE code B94Z.
How many years of IRS 990 filings does Westlake Chap Club Inc have?
Westlake Chap Club Inc has 13 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 $2.1M in total revenue.
Filing History
IRS 990 filing history for Westlake Chap Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Westlake Chap Club Inc's revenue has grown by 216.2%, moving from $519K to $1.6M. Total assets increased by 441.6% over the same period, from $141K to $763K. Total functional expenses rose by 135.1%, from $677K to $1.6M. In its most recent filing year (2023), Westlake Chap Club Inc reported a surplus of $51K, with revenue exceeding expenses. The organization holds $344K in liabilities against $763K in assets (debt-to-asset ratio: 45.1%), resulting in net assets of $418K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.6M | $763K | $344K | — | View 990 |
| 2022 | $1.3M | $1.3M | $704K | $337K | — | View 990 |
| 2021 | $684K | $811K | $553K | $186K | — | View 990 |
| 2020 | $882K | $789K | $634K | $161K | — | View 990 |
| 2019 | $797K | $708K | $537K | $138K | — | View 990 |
| 2018 | $788K | $745K | $462K | $150K | — | View 990 |
| 2017 | $786K | $802K | $432K | $162K | — | View 990 |
| 2016 | $770K | $835K | $445K | $159K | — | View 990 |
| 2015 | $672K | $658K | $419K | $68K | — | View 990 |
| 2014 | $647K | $601K | $389K | $49K | — | View 990 |
| 2013 | $546K | $488K | $355K | $202K | — | View 990 |
| 2012 | $476K | $470K | $245K | $149K | — | View 990 |
| 2011 | $519K | $677K | $141K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.6M, and assets of $763K (revenue +30.8% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $704K (revenue +83.5% year-over-year).
- 2021: Revenue of $684K, expenses of $811K, and assets of $553K (revenue -22.4% year-over-year).
- 2020: Revenue of $882K, expenses of $789K, and assets of $634K (revenue +10.6% year-over-year).
- 2019: Revenue of $797K, expenses of $708K, and assets of $537K (revenue +1.2% year-over-year).
- 2018: Revenue of $788K, expenses of $745K, and assets of $462K (revenue +0.3% year-over-year).
- 2017: Revenue of $786K, expenses of $802K, and assets of $432K (revenue +2.1% year-over-year).
- 2016: Revenue of $770K, expenses of $835K, and assets of $445K (revenue +14.7% year-over-year).
- 2015: Revenue of $672K, expenses of $658K, and assets of $419K (revenue +3.8% year-over-year).
- 2014: Revenue of $647K, expenses of $601K, and assets of $389K (revenue +18.6% year-over-year).
- 2013: Revenue of $546K, expenses of $488K, and assets of $355K (revenue +14.7% year-over-year).
- 2012: Revenue of $476K, expenses of $470K, and assets of $245K (revenue -8.4% year-over-year).
- 2011: Revenue of $519K, expenses of $677K, and assets of $141K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westlake Chap Club Inc:
Data Sources and Methodology
This transparency report for Westlake Chap Club 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.