Westwood School Corp
Westwood School Corp shows consistent revenue growth and positive net assets, with no reported officer compensation.
EIN: 20725734 · Addison, TX · NTEE: B20 · Updated: 2026-03-28
Is Westwood School Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Westwood School Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Westwood School Corp
Westwood School Corp (EIN: 20725734) is a nonprofit organization based in Addison, TX, classified under NTEE code B20. The organization reported total revenue of $7.3M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westwood School Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Westwood School Corp with a Mission Score of 85 out of 100 (Excellent). 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, Westwood School Corp 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.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with revenues exceeding $6 million. This could indicate that executive roles are entirely volunteer-based or that compensation is reported under different categories, requiring further scrutiny to understand the full scope of executive remuneration.
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 Westwood School Corp's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure actual executive remuneration if categorized differently.
Strengths
The following positive indicators were identified for Westwood School Corp:
- Consistent revenue growth, increasing from $3.4 million in 2016 to $6.3 million in 2023.
- Positive and growing net assets since 2021, indicating improved financial stability.
- Expenses generally well-managed relative to revenue in recent years, leading to surpluses.
Frequently Asked Questions about Westwood School Corp
Is Westwood School Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Westwood School Corp (EIN: 20725734) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Westwood School Corp spend its money?
Westwood School Corp directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Westwood School Corp tax-deductible?
Westwood School Corp is registered as a tax-exempt nonprofit (EIN: 20725734). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Westwood School Corp a good charity?
Based on the available financial data, Westwood School Corp appears to be a financially stable organization with consistent revenue growth and positive net assets. The lack of reported officer compensation is a unique characteristic that could be viewed positively for efficiency, but also warrants further inquiry for complete transparency.
How has Westwood School Corp's financial health changed over time?
Westwood School Corp has shown significant financial improvement. After periods of negative net assets (e.g., 2018-2020), the organization has consistently grown its assets, reaching $5,701,268 in 2023, while maintaining a healthy revenue-to-expense ratio in recent years.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It could mean that executive leadership is entirely volunteer, or that compensation is categorized differently (e.g., as salaries for non-officer employees), which would require reviewing the full 990 forms for clarification.
Filing History
IRS 990 filing history for Westwood School Corp showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Westwood School Corp's revenue has grown by 80.3%, moving from $3.5M to $6.3M. Total assets increased by 85.4% over the same period, from $3.1M to $5.7M. Total functional expenses rose by 56.9%, from $3.5M to $5.4M. In its most recent filing year (2023), Westwood School Corp reported a surplus of $863K, with revenue exceeding expenses. The organization holds $4.4M in liabilities against $5.7M in assets (debt-to-asset ratio: 76.6%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $6.3M | $5.4M | $5.7M | $4.4M | — | View 990 |
| 2022 | $5.4M | $4.8M | $4.9M | $4.2M | — | View 990 |
| 2021 | $5.1M | $4.4M | $3.6M | $3.0M | — | View 990 |
| 2020 | $4.5M | $4.6M | $2.7M | $2.8M | — | View 990 |
| 2019 | $4.4M | $3.9M | $2.8M | $2.8M | — | View 990 |
| 2018 | $4.1M | $4.5M | $2.7M | $3.2M | — | View 990 |
| 2017 | $4.1M | $4.5M | $2.6M | $2.6M | — | View 990 |
| 2016 | $3.5M | $8.3M | $2.9M | $2.7M | — | View 990 |
| 2015 | $5.7M | $5.1M | $4.7M | $3.3M | — | View 990 |
| 2014 | $4.3M | $4.4M | $3.7M | $2.9M | — | View 990 |
| 2013 | $4.0M | $3.9M | $4.0M | $3.1M | — | View 990 |
| 2012 | $3.5M | $3.5M | $3.1M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.3M, expenses of $5.4M, and assets of $5.7M (revenue +17.2% year-over-year).
- 2022: Revenue of $5.4M, expenses of $4.8M, and assets of $4.9M (revenue +5.8% year-over-year).
- 2021: Revenue of $5.1M, expenses of $4.4M, and assets of $3.6M (revenue +13.4% year-over-year).
- 2020: Revenue of $4.5M, expenses of $4.6M, and assets of $2.7M (revenue +1.8% year-over-year).
- 2019: Revenue of $4.4M, expenses of $3.9M, and assets of $2.8M (revenue +8.6% year-over-year).
- 2018: Revenue of $4.1M, expenses of $4.5M, and assets of $2.7M (revenue +0.1% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.5M, and assets of $2.6M (revenue +17.1% year-over-year).
- 2016: Revenue of $3.5M, expenses of $8.3M, and assets of $2.9M (revenue -39.7% year-over-year).
- 2015: Revenue of $5.7M, expenses of $5.1M, and assets of $4.7M (revenue +34.8% year-over-year).
- 2014: Revenue of $4.3M, expenses of $4.4M, and assets of $3.7M (revenue +7.7% year-over-year).
- 2013: Revenue of $4.0M, expenses of $3.9M, and assets of $4.0M (revenue +13.0% year-over-year).
- 2012: Revenue of $3.5M, expenses of $3.5M, and assets of $3.1M.
Data Sources and Methodology
This transparency report for Westwood School Corp 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.