Westward Development Inc
EIN: 431262774 · Kansas City, MO
| Metric | Value |
|---|---|
| Total Revenue | $563K |
| Total Expenses | $364K |
| Net Assets | $-112,603 |
Is Westward Development Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Westward Development Inc
Westward Development Inc (EIN: 431262774) is a nonprofit organization based in Kansas City, MO. The organization reported total revenue of $563K and total assets of $326K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westward Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westward Development Inc is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $507K |
| Total Expenses | $364K |
| Surplus / Deficit | +$142K |
| Total Assets | $296K |
| Total Liabilities | $409K |
| Net Assets | $-112,603 |
| Operating Margin | 28.1% |
| Debt-to-Asset Ratio | 138.0% |
| Months of Reserves | 9.8 months |
Financial Health Grade: A
In 2023, Westward Development Inc reported a surplus of $142K with revenue exceeding expenses, holds 9.8 months of operating reserves (strong position), has a debt-to-asset ratio of 138.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Westward Development Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.4% | -4.2% | +2.9% |
| 2022 | +7.3% | -5.8% | +2.9% |
| 2021 | -2.6% | -5.0% | +0.9% |
| 2020 | +5.4% | +1.8% | -16.9% |
| 2019 | +1.3% | +7.2% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Westward Development 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 Westward Development 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 $142K, with revenue exceeding expenses.
- Debt-to-asset ratio: 138.0%.
Frequently Asked Questions about Westward Development Inc
Is Westward Development Inc a legitimate charity?
Westward Development Inc (EIN: 431262774) is a registered tax-exempt nonprofit based in Missouri. It has 13 years of IRS 990 filings on record. Total revenue: $563K. No red flags identified. Financial health grade: A.
How does Westward Development Inc spend its money?
Westward Development Inc reported $563K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Westward Development Inc tax-deductible?
Westward Development Inc is registered as a tax-exempt nonprofit (EIN: 431262774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Westward Development Inc located?
Westward Development Inc is headquartered in Kansas City, Missouri and files with the IRS under EIN 431262774.
How many years of IRS 990 filings does Westward Development Inc have?
Westward Development 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 $563K in total revenue.
Filing History
IRS 990 filing history for Westward Development Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Westward Development Inc's revenue has grown by 12.8%, moving from $449K to $507K. Total assets decreased by 50.1% over the same period, from $593K to $296K. Total functional expenses fell by 18.4%, from $446K to $364K. In its most recent filing year (2023), Westward Development Inc reported a surplus of $142K, with revenue exceeding expenses. The organization holds $409K in liabilities against $296K in assets (debt-to-asset ratio: 138.0%), resulting in net assets of $-112,603.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $507K | $364K | $296K | $409K | — | — |
| 2022 | $525K | $380K | $288K | $543K | — | — |
| 2021 | $489K | $404K | $280K | $679K | — | View 990 |
| 2020 | $502K | $425K | $277K | $762K | — | — |
| 2019 | $476K | $417K | $334K | $896K | — | View 990 |
| 2018 | $470K | $389K | $337K | $958K | — | View 990 |
| 2017 | $462K | $375K | $344K | $1.0M | — | View 990 |
| 2016 | $471K | $462K | $339K | $1.1M | — | View 990 |
| 2015 | $471K | $453K | $396K | $1.2M | — | View 990 |
| 2014 | $467K | $456K | $455K | $1.3M | — | View 990 |
| 2013 | $459K | $467K | $516K | $1.3M | — | View 990 |
| 2012 | $453K | $455K | $586K | $1.4M | — | View 990 |
| 2011 | $449K | $446K | $593K | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $507K, expenses of $364K, and assets of $296K (revenue -3.4% year-over-year).
- 2022: Revenue of $525K, expenses of $380K, and assets of $288K (revenue +7.3% year-over-year).
- 2021: Revenue of $489K, expenses of $404K, and assets of $280K (revenue -2.6% year-over-year).
- 2020: Revenue of $502K, expenses of $425K, and assets of $277K (revenue +5.4% year-over-year).
- 2019: Revenue of $476K, expenses of $417K, and assets of $334K (revenue +1.3% year-over-year).
- 2018: Revenue of $470K, expenses of $389K, and assets of $337K (revenue +1.8% year-over-year).
- 2017: Revenue of $462K, expenses of $375K, and assets of $344K (revenue -1.9% year-over-year).
- 2016: Revenue of $471K, expenses of $462K, and assets of $339K (revenue -0.1% year-over-year).
- 2015: Revenue of $471K, expenses of $453K, and assets of $396K (revenue +0.9% year-over-year).
- 2014: Revenue of $467K, expenses of $456K, and assets of $455K (revenue +1.7% year-over-year).
- 2013: Revenue of $459K, expenses of $467K, and assets of $516K (revenue +1.2% year-over-year).
- 2012: Revenue of $453K, expenses of $455K, and assets of $586K (revenue +1.0% year-over-year).
- 2011: Revenue of $449K, expenses of $446K, and assets of $593K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westward Development Inc:
Data Sources and Methodology
This transparency report for Westward Development 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.