Whitewater College Programs Inc
EIN: 351323347 · Connersville, IN
| Metric | Value |
|---|---|
| Total Revenue | $190K |
| Total Expenses | $161K |
| Net Assets | $96K |
Is Whitewater College Programs Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Whitewater College Programs Inc
Whitewater College Programs Inc (EIN: 351323347) is a nonprofit organization based in Connersville, IN. The organization reported total revenue of $190K and total assets of $126K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Whitewater College Programs Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Whitewater College Programs Inc is a small nonprofit that has been operating for 33 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $199K |
| Total Expenses | $161K |
| Surplus / Deficit | +$38K |
| Total Assets | $97K |
| Total Liabilities | $1K |
| Net Assets | $96K |
| Operating Margin | 19.1% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 7.2 months |
Financial Health Grade: A
In 2023, Whitewater College Programs Inc reported a surplus of $38K with revenue exceeding expenses, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Whitewater College Programs Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.6% | -34.6% | +59.2% |
| 2022 | -17.3% | +24.8% | -52.8% |
| 2021 | +18.7% | -19.9% | +20.2% |
| 2020 | -27.2% | -21.2% | -37.3% |
| 2019 | -23.3% | +1.3% | -25.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Whitewater College Programs 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 Whitewater College Programs 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 $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.3%.
Frequently Asked Questions about Whitewater College Programs Inc
Is Whitewater College Programs Inc a legitimate charity?
Whitewater College Programs Inc (EIN: 351323347) is a registered tax-exempt nonprofit based in Indiana. It has 14 years of IRS 990 filings on record. Total revenue: $190K. No red flags identified. Financial health grade: A.
How does Whitewater College Programs Inc spend its money?
Whitewater College Programs Inc reported $190K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Whitewater College Programs Inc tax-deductible?
Whitewater College Programs Inc is registered as a tax-exempt nonprofit (EIN: 351323347). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Whitewater College Programs Inc located?
Whitewater College Programs Inc is headquartered in Connersville, Indiana and files with the IRS under EIN 351323347.
How many years of IRS 990 filings does Whitewater College Programs Inc have?
Whitewater College Programs Inc has 14 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 $190K in total revenue.
Filing History
IRS 990 filing history for Whitewater College Programs Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Whitewater College Programs Inc's revenue has declined by 47.6%, moving from $380K to $199K. Total assets increased by 228.4% over the same period, from $29K to $97K. Total functional expenses fell by 57.6%, from $380K to $161K. In its most recent filing year (2023), Whitewater College Programs Inc reported a surplus of $38K, with revenue exceeding expenses. The organization holds $1K in liabilities against $97K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $96K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $199K | $161K | $97K | $1K | — | — |
| 2022 | $180K | $246K | $61K | $3K | — | View 990 |
| 2021 | $218K | $197K | $129K | $5K | — | View 990 |
| 2020 | $184K | $246K | $107K | $4K | — | — |
| 2019 | $252K | $312K | $171K | $5K | — | View 990 |
| 2018 | $329K | $308K | $229K | $3K | — | View 990 |
| 2017 | $444K | $407K | $211K | $6K | — | View 990 |
| 2016 | $437K | $402K | $173K | $5K | — | View 990 |
| 2015 | $442K | $400K | $140K | $7K | — | View 990 |
| 2014 | $372K | $327K | $99K | $8K | — | View 990 |
| 2013 | $359K | $347K | $48K | $3K | — | View 990 |
| 2012 | $366K | $351K | $37K | $5K | — | View 990 |
| 2011 | $344K | $352K | $23K | $6K | — | View 990 |
| 2010 | $380K | $380K | $29K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $199K, expenses of $161K, and assets of $97K (revenue +10.6% year-over-year).
- 2022: Revenue of $180K, expenses of $246K, and assets of $61K (revenue -17.3% year-over-year).
- 2021: Revenue of $218K, expenses of $197K, and assets of $129K (revenue +18.7% year-over-year).
- 2020: Revenue of $184K, expenses of $246K, and assets of $107K (revenue -27.2% year-over-year).
- 2019: Revenue of $252K, expenses of $312K, and assets of $171K (revenue -23.3% year-over-year).
- 2018: Revenue of $329K, expenses of $308K, and assets of $229K (revenue -25.8% year-over-year).
- 2017: Revenue of $444K, expenses of $407K, and assets of $211K (revenue +1.5% year-over-year).
- 2016: Revenue of $437K, expenses of $402K, and assets of $173K (revenue -1.1% year-over-year).
- 2015: Revenue of $442K, expenses of $400K, and assets of $140K (revenue +18.7% year-over-year).
- 2014: Revenue of $372K, expenses of $327K, and assets of $99K (revenue +3.6% year-over-year).
- 2013: Revenue of $359K, expenses of $347K, and assets of $48K (revenue -1.9% year-over-year).
- 2012: Revenue of $366K, expenses of $351K, and assets of $37K (revenue +6.4% year-over-year).
- 2011: Revenue of $344K, expenses of $352K, and assets of $23K (revenue -9.5% year-over-year).
- 2010: Revenue of $380K, expenses of $380K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Whitewater College Programs Inc:
Data Sources and Methodology
This transparency report for Whitewater College Programs 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.