Westminster Pines Inc
EIN: 593725902 · Orlando, FL · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $24.1M |
| Total Expenses | $19.6M |
| Net Assets | $-22,825,308 |
Is Westminster Pines Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Westminster Pines Inc
Westminster Pines Inc (EIN: 593725902) is a nonprofit organization based in Orlando, FL, classified under NTEE code L22. The organization reported total revenue of $24.1M and total assets of $112.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westminster Pines Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westminster Pines Inc is a large nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18.1M |
| Total Expenses | $19.6M |
| Surplus / Deficit | $-1,523,840 |
| Total Assets | $109.4M |
| Total Liabilities | $132.2M |
| Net Assets | $-22,825,308 |
| Operating Margin | -8.4% |
| Debt-to-Asset Ratio | 120.9% |
| Months of Reserves | 67.0 months |
Financial Health Grade: C
In 2023, Westminster Pines Inc reported a deficit of $1.5M with expenses exceeding revenue, holds 67.0 months of operating reserves (strong position), has a debt-to-asset ratio of 120.9% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.9% | +10.9% | +6.1% |
| 2022 | +42.8% | +0.1% | +2.8% |
| 2021 | -23.5% | +8.0% | +31.4% |
| 2020 | +25.7% | +8.8% | +4.1% |
| 2019 | +172.6% | +57.1% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Westminster Pines 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 Westminster Pines 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 deficit of $1.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 120.9%.
Frequently Asked Questions about Westminster Pines Inc
Is Westminster Pines Inc a legitimate charity?
Westminster Pines Inc (EIN: 593725902) is a registered tax-exempt nonprofit based in Florida. It has 10 years of IRS 990 filings on record. Total revenue: $24.1M. No red flags identified. Financial health grade: C.
How does Westminster Pines Inc spend its money?
Westminster Pines Inc reported $24.1M in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Westminster Pines Inc tax-deductible?
Westminster Pines Inc is registered as a tax-exempt nonprofit (EIN: 593725902). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Westminster Pines Inc located?
Westminster Pines Inc is headquartered in Orlando, Florida and files with the IRS under EIN 593725902. It is classified under NTEE code L22.
How many years of IRS 990 filings does Westminster Pines Inc have?
Westminster Pines 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 $24.1M in total revenue.
Filing History
IRS 990 filing history for Westminster Pines Inc showing financial trends over 10 years of public records:
Total assets increased by 10937313900% over the same period, from $1 to $109.4M. Total functional expenses rose by 992013.5%, from $2K to $19.6M. In its most recent filing year (2023), Westminster Pines Inc reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $132.2M in liabilities against $109.4M in assets (debt-to-asset ratio: 120.9%), resulting in net assets of $-22,825,308.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18.1M | $19.6M | $109.4M | $132.2M | — | View 990 |
| 2022 | $15.5M | $17.7M | $103.1M | $124.1M | — | View 990 |
| 2021 | $10.8M | $17.6M | $100.3M | $118.6M | — | — |
| 2020 | $14.2M | $16.3M | $76.3M | $87.6M | — | View 990 |
| 2019 | $11.3M | $15.0M | $73.3M | $82.4M | — | View 990 |
| 2018 | $4.1M | $9.6M | $72.8M | $78.2M | — | View 990 |
| 2014 | $0 | $0 | $1 | $0 | — | View 990 |
| 2013 | $0 | $0 | $1 | $0 | — | View 990 |
| 2012 | $0 | $0 | $0 | $0 | — | View 990 |
| 2011 | $0 | $2K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18.1M, expenses of $19.6M, and assets of $109.4M (revenue +16.9% year-over-year).
- 2022: Revenue of $15.5M, expenses of $17.7M, and assets of $103.1M (revenue +42.8% year-over-year).
- 2021: Revenue of $10.8M, expenses of $17.6M, and assets of $100.3M (revenue -23.5% year-over-year).
- 2020: Revenue of $14.2M, expenses of $16.3M, and assets of $76.3M (revenue +25.7% year-over-year).
- 2019: Revenue of $11.3M, expenses of $15.0M, and assets of $73.3M (revenue +172.6% year-over-year).
- 2018: Revenue of $4.1M, expenses of $9.6M, and assets of $72.8M.
- 2014: Revenue of $0, expenses of $0, and assets of $1.
- 2013: Revenue of $0, expenses of $0, and assets of $1.
- 2012: Revenue of $0, expenses of $0, and assets of $0.
- 2011: Revenue of $0, expenses of $2K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westminster Pines Inc:
Data Sources and Methodology
This transparency report for Westminster Pines 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.