Whatcom Business Alliance
EIN: 454984520 · Bellingham, WA · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $549K |
| Total Expenses | $427K |
| Net Assets | $145K |
Is Whatcom Business Alliance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Whatcom Business Alliance
Whatcom Business Alliance (EIN: 454984520) is a nonprofit organization based in Bellingham, WA, classified under NTEE code S41. The organization reported total revenue of $549K and total assets of $198K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Whatcom Business Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Whatcom Business Alliance is a small nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $416K |
| Total Expenses | $427K |
| Surplus / Deficit | $-11,005 |
| Total Assets | $164K |
| Total Liabilities | $19K |
| Net Assets | $145K |
| Operating Margin | -2.6% |
| Debt-to-Asset Ratio | 11.4% |
| Months of Reserves | 4.6 months |
Financial Health Grade: B
In 2023, Whatcom Business Alliance reported a deficit of $11K with expenses exceeding revenue, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 11.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Whatcom Business Alliance's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.5% | -4.5% | -11.9% |
| 2022 | +31.5% | +24.4% | +83.9% |
| 2021 | +26.8% | +7.8% | +11.7% |
| 2020 | -16.0% | -8.3% | -31.6% |
| 2019 | -1.9% | +4.7% | -14.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Whatcom Business Alliance 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 Whatcom Business Alliance 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.4%.
Frequently Asked Questions about Whatcom Business Alliance
Is Whatcom Business Alliance a legitimate charity?
Whatcom Business Alliance (EIN: 454984520) is a registered tax-exempt nonprofit based in Washington. It has 12 years of IRS 990 filings on record. Total revenue: $549K. No red flags identified. Financial health grade: B.
How does Whatcom Business Alliance spend its money?
Whatcom Business Alliance reported $549K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Whatcom Business Alliance tax-deductible?
Whatcom Business Alliance is registered as a tax-exempt nonprofit (EIN: 454984520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Whatcom Business Alliance located?
Whatcom Business Alliance is headquartered in Bellingham, Washington and files with the IRS under EIN 454984520. It is classified under NTEE code S41.
How many years of IRS 990 filings does Whatcom Business Alliance have?
Whatcom Business Alliance has 12 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 $549K in total revenue.
Filing History
IRS 990 filing history for Whatcom Business Alliance showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Whatcom Business Alliance's revenue has grown by 228.5%, moving from $127K to $416K. Total assets increased by 1112.5% over the same period, from $13K to $164K. Total functional expenses rose by 276.7%, from $113K to $427K. In its most recent filing year (2023), Whatcom Business Alliance reported a deficit of $11K, with expenses exceeding revenue. The organization holds $19K in liabilities against $164K in assets (debt-to-asset ratio: 11.4%), resulting in net assets of $145K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $416K | $427K | $164K | $19K | — | — |
| 2022 | $486K | $446K | $186K | $30K | — | View 990 |
| 2021 | $370K | $359K | $101K | $0 | — | View 990 |
| 2020 | $291K | $333K | $90K | $0 | — | — |
| 2019 | $347K | $363K | $132K | $0 | — | — |
| 2018 | $354K | $347K | $154K | $5K | — | View 990 |
| 2017 | $520K | $481K | $142K | $0 | — | View 990 |
| 2016 | $551K | $467K | $103K | $0 | — | View 990 |
| 2015 | $261K | $243K | $69K | $4K | — | View 990 |
| 2014 | $220K | $222K | $50K | $3K | — | View 990 |
| 2013 | $199K | $163K | $49K | $0 | — | View 990 |
| 2012 | $127K | $113K | $13K | $208 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $416K, expenses of $427K, and assets of $164K (revenue -14.5% year-over-year).
- 2022: Revenue of $486K, expenses of $446K, and assets of $186K (revenue +31.5% year-over-year).
- 2021: Revenue of $370K, expenses of $359K, and assets of $101K (revenue +26.8% year-over-year).
- 2020: Revenue of $291K, expenses of $333K, and assets of $90K (revenue -16.0% year-over-year).
- 2019: Revenue of $347K, expenses of $363K, and assets of $132K (revenue -1.9% year-over-year).
- 2018: Revenue of $354K, expenses of $347K, and assets of $154K (revenue -32.0% year-over-year).
- 2017: Revenue of $520K, expenses of $481K, and assets of $142K (revenue -5.5% year-over-year).
- 2016: Revenue of $551K, expenses of $467K, and assets of $103K (revenue +110.8% year-over-year).
- 2015: Revenue of $261K, expenses of $243K, and assets of $69K (revenue +18.7% year-over-year).
- 2014: Revenue of $220K, expenses of $222K, and assets of $50K (revenue +10.7% year-over-year).
- 2013: Revenue of $199K, expenses of $163K, and assets of $49K (revenue +57.2% year-over-year).
- 2012: Revenue of $127K, expenses of $113K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Whatcom Business Alliance:
Data Sources and Methodology
This transparency report for Whatcom Business Alliance 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.