Westside Terrace Inc
EIN: 460635598 · Muskogee, OK · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $55K |
| Total Expenses | $85K |
| Net Assets | $-286,854 |
Is Westside Terrace Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Westside Terrace Inc
Westside Terrace Inc (EIN: 460635598) is a nonprofit organization based in Muskogee, OK, classified under NTEE code L20. The organization reported total revenue of $55K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westside Terrace Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westside Terrace Inc is a micro nonprofit that has been operating for 5 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $44K |
| Total Expenses | $85K |
| Surplus / Deficit | $-41,469 |
| Total Assets | $1.2M |
| Total Liabilities | $1.5M |
| Net Assets | $-286,854 |
| Operating Margin | -94.7% |
| Debt-to-Asset Ratio | 123.4% |
| Months of Reserves | 172.4 months |
Financial Health Grade: C
In 2023, Westside Terrace Inc reported a deficit of $41K with expenses exceeding revenue, holds 172.4 months of operating reserves (strong position), has a debt-to-asset ratio of 123.4% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Westside Terrace Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.6% | -4.5% | -2.2% |
| 2022 | -0.2% | +17.3% | -2.1% |
| 2021 | -0.8% | +3.6% | -2.0% |
| 2020 | +1.7% | -2.2% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Westside Terrace 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 Westside Terrace 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 $41K, with expenses exceeding revenue.
- Debt-to-asset ratio: 123.4%.
Frequently Asked Questions about Westside Terrace Inc
Is Westside Terrace Inc a legitimate charity?
Westside Terrace Inc (EIN: 460635598) is a registered tax-exempt nonprofit based in Oklahoma. It has 5 years of IRS 990 filings on record. Total revenue: $55K. No red flags identified. Financial health grade: C.
How does Westside Terrace Inc spend its money?
Westside Terrace Inc reported $55K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Westside Terrace Inc tax-deductible?
Westside Terrace Inc is registered as a tax-exempt nonprofit (EIN: 460635598). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Westside Terrace Inc located?
Westside Terrace Inc is headquartered in Muskogee, Oklahoma and files with the IRS under EIN 460635598. It is classified under NTEE code L20.
How many years of IRS 990 filings does Westside Terrace Inc have?
Westside Terrace Inc has 5 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 $55K in total revenue.
Filing History
IRS 990 filing history for Westside Terrace Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Westside Terrace Inc's revenue has grown by 8.3%, moving from $40K to $44K. Total assets decreased by 8.1% over the same period, from $1.3M to $1.2M. Total functional expenses rose by 13.4%, from $75K to $85K. In its most recent filing year (2023), Westside Terrace Inc reported a deficit of $41K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $1.2M in assets (debt-to-asset ratio: 123.4%), resulting in net assets of $-286,854.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $44K | $85K | $1.2M | $1.5M | — | View 990 |
| 2022 | $41K | $89K | $1.3M | $1.5M | — | View 990 |
| 2021 | $41K | $76K | $1.3M | $1.5M | — | View 990 |
| 2020 | $41K | $74K | $1.3M | $1.5M | — | View 990 |
| 2019 | $40K | $75K | $1.3M | $1.5M | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $44K, expenses of $85K, and assets of $1.2M (revenue +7.6% year-over-year).
- 2022: Revenue of $41K, expenses of $89K, and assets of $1.3M (revenue -0.2% year-over-year).
- 2021: Revenue of $41K, expenses of $76K, and assets of $1.3M (revenue -0.8% year-over-year).
- 2020: Revenue of $41K, expenses of $74K, and assets of $1.3M (revenue +1.7% year-over-year).
- 2019: Revenue of $40K, expenses of $75K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westside Terrace Inc:
Data Sources and Methodology
This transparency report for Westside Terrace 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.