Wholeness Haven Inc
EIN: 871905513 · Willis, TX · NTEE: P73
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $794K |
| Net Assets | $-399,515 |
Is Wholeness Haven Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wholeness Haven Inc
Wholeness Haven Inc (EIN: 871905513) is a nonprofit organization based in Willis, TX, classified under NTEE code P73. The organization reported total revenue of $1.3M and total assets of $660K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wholeness Haven Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wholeness Haven Inc is a mid-size nonprofit that has been operating for 4 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $689K |
| Total Expenses | $794K |
| Surplus / Deficit | $-104,489 |
| Total Assets | $154K |
| Total Liabilities | $553K |
| Net Assets | $-399,515 |
| Operating Margin | -15.2% |
| Debt-to-Asset Ratio | 359.9% |
| Months of Reserves | 2.3 months |
Financial Health Grade: D
In 2023, Wholeness Haven Inc reported a deficit of $104K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 359.9% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wholeness Haven 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 Wholeness Haven 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 deficit of $104K, with expenses exceeding revenue.
- Debt-to-asset ratio: 359.9%.
Frequently Asked Questions about Wholeness Haven Inc
Is Wholeness Haven Inc a legitimate charity?
Wholeness Haven Inc (EIN: 871905513) is a registered tax-exempt nonprofit based in Texas. Total revenue: $1.3M. No red flags identified. Financial health grade: D.
How does Wholeness Haven Inc spend its money?
Wholeness Haven Inc reported $1.3M in total revenue in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wholeness Haven Inc tax-deductible?
Wholeness Haven Inc is registered as a tax-exempt nonprofit (EIN: 871905513). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wholeness Haven Inc located?
Wholeness Haven Inc is headquartered in Willis, Texas and files with the IRS under EIN 871905513. It is classified under NTEE code P73.
Filing History
IRS 990 filing history for Wholeness Haven Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Wholeness Haven Inc reported a deficit of $104K, with expenses exceeding revenue. The organization holds $553K in liabilities against $154K in assets (debt-to-asset ratio: 359.9%), resulting in net assets of $-399,515.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $689K | $794K | $154K | $553K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wholeness Haven Inc:
Data Sources and Methodology
This transparency report for Wholeness Haven 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.