Whitely Neighborhood Council Inc
EIN: 351911000 · Muncie, IN · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $179K |
| Net Assets | $1.1M |
Is Whitely Neighborhood Council Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Whitely Neighborhood Council Inc
Whitely Neighborhood Council Inc (EIN: 351911000) is a nonprofit organization based in Muncie, IN, classified under NTEE code S20. The organization reported total revenue of $1.2M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Whitely Neighborhood Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Whitely Neighborhood Council Inc is a mid-size nonprofit that has been operating for 14 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 51.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $967K |
| Total Expenses | $179K |
| Surplus / Deficit | +$788K |
| Total Assets | $1.2M |
| Total Liabilities | $66K |
| Net Assets | $1.1M |
| Operating Margin | 81.5% |
| Debt-to-Asset Ratio | 5.8% |
| Months of Reserves | 77.5 months |
Financial Health Grade: A
In 2023, Whitely Neighborhood Council Inc reported a surplus of $788K with revenue exceeding expenses, holds 77.5 months of operating reserves (strong position), has a debt-to-asset ratio of 5.8% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Whitely Neighborhood Council Inc's revenue has grown at a compound annual growth rate (CAGR) of 51.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +666.5% | -13.7% | +215.0% |
| 2022 | -49.0% | +85.7% | -15.0% |
| 2021 | +62.9% | +8.4% | +20.5% |
| 2020 | +26.5% | +1.9% | +50.2% |
| 2019 | +64.4% | -7.2% | +7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Whitely Neighborhood Council 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 Whitely Neighborhood Council 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 $788K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.8%.
Frequently Asked Questions about Whitely Neighborhood Council Inc
Is Whitely Neighborhood Council Inc a legitimate charity?
Whitely Neighborhood Council Inc (EIN: 351911000) is a registered tax-exempt nonprofit based in Indiana. It has 10 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: A.
How does Whitely Neighborhood Council Inc spend its money?
Whitely Neighborhood Council Inc reported $1.2M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Whitely Neighborhood Council Inc tax-deductible?
Whitely Neighborhood Council Inc is registered as a tax-exempt nonprofit (EIN: 351911000). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Whitely Neighborhood Council Inc located?
Whitely Neighborhood Council Inc is headquartered in Muncie, Indiana and files with the IRS under EIN 351911000. It is classified under NTEE code S20.
How many years of IRS 990 filings does Whitely Neighborhood Council Inc have?
Whitely Neighborhood Council 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Whitely Neighborhood Council Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Whitely Neighborhood Council Inc's revenue has grown by 4177.1%, moving from $23K to $967K. Total assets increased by 9545.5% over the same period, from $12K to $1.2M. Total functional expenses rose by 209.7%, from $58K to $179K. In its most recent filing year (2023), Whitely Neighborhood Council Inc reported a surplus of $788K, with revenue exceeding expenses. The organization holds $66K in liabilities against $1.2M in assets (debt-to-asset ratio: 5.8%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $967K | $179K | $1.2M | $66K | — | View 990 |
| 2022 | $126K | $207K | $366K | $66K | — | — |
| 2021 | $247K | $112K | $431K | $50K | — | View 990 |
| 2020 | $152K | $103K | $358K | $112K | — | — |
| 2019 | $120K | $101K | $238K | $112K | — | View 990 |
| 2018 | $73K | $109K | $221K | $114K | — | View 990 |
| 2017 | $54K | $65K | $137K | $45K | — | — |
| 2016 | $102K | $16K | $129K | $26K | — | View 990 |
| 2015 | $71K | $55K | $53K | $26K | — | View 990 |
| 2014 | $23K | $58K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $967K, expenses of $179K, and assets of $1.2M (revenue +666.5% year-over-year).
- 2022: Revenue of $126K, expenses of $207K, and assets of $366K (revenue -49.0% year-over-year).
- 2021: Revenue of $247K, expenses of $112K, and assets of $431K (revenue +62.9% year-over-year).
- 2020: Revenue of $152K, expenses of $103K, and assets of $358K (revenue +26.5% year-over-year).
- 2019: Revenue of $120K, expenses of $101K, and assets of $238K (revenue +64.4% year-over-year).
- 2018: Revenue of $73K, expenses of $109K, and assets of $221K (revenue +35.8% year-over-year).
- 2017: Revenue of $54K, expenses of $65K, and assets of $137K (revenue -47.2% year-over-year).
- 2016: Revenue of $102K, expenses of $16K, and assets of $129K (revenue +43.4% year-over-year).
- 2015: Revenue of $71K, expenses of $55K, and assets of $53K (revenue +214.1% year-over-year).
- 2014: Revenue of $23K, expenses of $58K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Whitely Neighborhood Council Inc:
Data Sources and Methodology
This transparency report for Whitely Neighborhood Council 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.