Westminster Afc Inc
Westminster Afc Inc shows volatile financial performance with significant year-over-year revenue and expense fluctuations.
EIN: 205445903 · Westminster, CO · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $590K |
| Total Expenses | $307K |
| Program Spending | 85% |
| Net Assets | $61K |
| Transparency Score | 65/100 |
Is Westminster Afc Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Westminster Afc Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Westminster Afc Inc
Westminster Afc Inc (EIN: 205445903) is a nonprofit organization based in Westminster, CO, classified under NTEE code B99. The organization reported total revenue of $590K and total assets of $199K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westminster Afc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westminster Afc Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $297K |
| Total Expenses | $307K |
| Surplus / Deficit | $-9,388 |
| Total Assets | $131K |
| Total Liabilities | $70K |
| Net Assets | $61K |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 53.6% |
| Months of Reserves | 5.1 months |
Financial Health Grade: C
In 2023, Westminster Afc Inc reported a deficit of $9K with expenses exceeding revenue, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 53.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Westminster Afc Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.0% | -62.3% | +16.4% |
| 2022 | -69.7% | -25.6% | -80.3% |
| 2021 | +94.8% | +33.5% | +87.4% |
| 2020 | -46.4% | -33.8% | -5.4% |
| 2019 | +9.6% | -4.9% | +19.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Westminster Afc Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Westminster Afc Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 53.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that top leadership either serves on a volunteer basis or their compensation is categorized under other expense lines, which would require further investigation to fully understand the organization's leadership costs relative to its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Westminster Afc Inc's IRS 990 filings:
- Significant year-over-year deficits, such as in 2022 where expenses ($814,187) far exceeded revenue ($413,256).
- Highly volatile financial performance with large fluctuations in revenue and expenses, indicating potential instability.
- Declining assets from a peak of $572,745 in 2021 to $131,196 in 2023.
Strengths
The following positive indicators were identified for Westminster Afc Inc:
- Consistent filing of IRS Form 990s, demonstrating transparency in reporting.
- No reported officer compensation across all filings, suggesting low executive overhead or volunteer leadership.
- History of generating significant revenue, exceeding $1 million in multiple years (e.g., 2017, 2018, 2019, 2021).
Frequently Asked Questions about Westminster Afc Inc
Is Westminster Afc Inc a legitimate charity?
Westminster Afc Inc (EIN: 205445903) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $590K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Westminster Afc Inc spend its money?
Westminster Afc Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Westminster Afc Inc tax-deductible?
Westminster Afc Inc is registered as a tax-exempt nonprofit (EIN: 205445903). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Westminster Afc Inc's spending goes to programs?
Westminster Afc Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Westminster Afc Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Westminster Afc Inc is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Westminster Afc Inc located?
Westminster Afc Inc is headquartered in Westminster, Colorado and files with the IRS under EIN 205445903. It is classified under NTEE code B99.
How many years of IRS 990 filings does Westminster Afc Inc have?
Westminster Afc 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 $590K in total revenue.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all 13 filings suggests either a volunteer-led executive team or that executive compensation is included within other expense categories, which would require further detail to ascertain.
What caused the significant expense increase in 2022 ($814,187) compared to revenue ($413,256)?
The 2022 filing shows expenses nearly doubling revenue, leading to a substantial deficit. Without detailed expense breakdowns, the specific causes for this significant increase are unclear but warrant further investigation into operational costs or one-time expenditures.
What is the organization's strategy for managing its fluctuating revenue and expenses?
The organization experiences considerable year-to-year swings in both revenue and expenses. Understanding their financial planning and risk management strategies would be crucial for assessing long-term stability.
Filing History
IRS 990 filing history for Westminster Afc Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Westminster Afc Inc's revenue has declined by 28.4%, moving from $415K to $297K. Total assets increased by 15.1% over the same period, from $114K to $131K. Total functional expenses fell by 32.1%, from $452K to $307K. In its most recent filing year (2023), Westminster Afc Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $70K in liabilities against $131K in assets (debt-to-asset ratio: 53.6%), resulting in net assets of $61K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $297K | $307K | $131K | $70K | — | — |
| 2022 | $413K | $814K | $113K | $42K | — | View 990 |
| 2021 | $1.4M | $1.1M | $573K | $101K | — | View 990 |
| 2020 | $700K | $820K | $306K | $103K | — | — |
| 2019 | $1.3M | $1.2M | $323K | $280 | — | View 990 |
| 2018 | $1.2M | $1.3M | $271K | $15K | — | View 990 |
| 2017 | $1.2M | $1.1M | $368K | $0 | — | View 990 |
| 2016 | $1.1M | $1.1M | $297K | $0 | — | View 990 |
| 2015 | $1.2M | $1.2M | $232K | $0 | — | View 990 |
| 2014 | $717K | $736K | $160K | $0 | — | View 990 |
| 2013 | $632K | $635K | $61K | $0 | — | View 990 |
| 2012 | $660K | $650K | $51K | $0 | — | View 990 |
| 2011 | $415K | $452K | $114K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $297K, expenses of $307K, and assets of $131K (revenue -28.0% year-over-year).
- 2022: Revenue of $413K, expenses of $814K, and assets of $113K (revenue -69.7% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.1M, and assets of $573K (revenue +94.8% year-over-year).
- 2020: Revenue of $700K, expenses of $820K, and assets of $306K (revenue -46.4% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $323K (revenue +9.6% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $271K (revenue +1.1% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $368K (revenue +4.1% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $297K (revenue -8.8% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $232K (revenue +73.2% year-over-year).
- 2014: Revenue of $717K, expenses of $736K, and assets of $160K (revenue +13.6% year-over-year).
- 2013: Revenue of $632K, expenses of $635K, and assets of $61K (revenue -4.3% year-over-year).
- 2012: Revenue of $660K, expenses of $650K, and assets of $51K (revenue +58.9% year-over-year).
- 2011: Revenue of $415K, expenses of $452K, and assets of $114K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westminster Afc Inc:
Data Sources and Methodology
This transparency report for Westminster Afc 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.