Wickenburg Economic Developmentpartnership

Wickenburg Economic Development Partnership reports minimal revenue and significant asset decline in recent years.

EIN: 208026920 · Wickenburg, AZ · NTEE: S41 · Updated: 2026-03-28

$250Revenue

$163KAssets

45/100Mission Score (Fair)

S41

About Wickenburg Economic Developmentpartnership

Wickenburg Economic Developmentpartnership (EIN: 208026920) is a nonprofit organization based in Wickenburg, AZ, classified under NTEE code S41. The organization reported total revenue of $250 and total assets of $163K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wickenburg Economic Developmentpartnership's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Wickenburg Economic Development Partnership appears to be in a challenging financial position, as indicated by its latest filing (202012) showing only $250 in revenue against $115 in expenses, and a prior year (201912) with $0 revenue against $240 in expenses. While the organization holds $163,087 in assets, its operational revenue generation is extremely low, raising concerns about its sustainability and ability to fund its mission effectively. The significant drop in assets from $1,090,415 in 201712 to $163,087 in 202012 also warrants scrutiny, suggesting a substantial divestment or loss of assets.

Spending efficiency is difficult to assess without a detailed breakdown of expenses, which is not provided in the summary data. However, the consistent pattern of minimal to no revenue in recent years, coupled with ongoing expenses, suggests that the organization may be drawing down on its reserves or relying on past funding. The absence of officer compensation across all reported periods indicates that leadership is likely unpaid, which can be a positive sign for resource allocation, but also might reflect the organization's limited financial capacity.

Transparency regarding financial operations is somewhat limited by the high-level data. While the filings are publicly available, the lack of detailed expense categories makes it hard to determine how efficiently funds are being used for programs versus administrative or fundraising costs. The dramatic fluctuations in revenue and assets over the years, particularly the large asset reduction, would require further investigation of the full 990 forms to understand the underlying causes and implications for the organization's long-term viability and impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Wickenburg Economic Developmentpartnership with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Wickenburg Economic Developmentpartnership allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's officers are not receiving salaries, which is a positive for resource allocation given its limited financial resources.

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 Wickenburg Economic Developmentpartnership's IRS 990 filings:

Extremely low revenue in recent years ($250 in 2020, $0 in 2019) raising sustainability concerns.
Significant decline in assets from $1,090,415 in 2017 to $163,087 in 2020 without clear explanation.
Consistent expenses despite minimal or no revenue, suggesting reliance on asset depletion.
Lack of detailed expense breakdown makes it difficult to assess spending efficiency.

Strengths

The following positive indicators were identified for Wickenburg Economic Developmentpartnership:

Officers receive 0% compensation, indicating a volunteer-driven leadership.
Maintains a substantial asset base ($163,087 in 2020) despite low revenue, providing some financial cushion.

Frequently Asked Questions about Wickenburg Economic Developmentpartnership

Why did the organization's assets decrease from over $1 million in 2017 to $163,087 in 2020?

The provided data does not specify the reason for the significant asset reduction from $1,090,415 in 201712 to $163,087 in 202012. This would require reviewing the full IRS 990 forms for those periods to understand if it was due to asset sales, losses, or other financial activities.

How does the organization sustain operations with near-zero revenue in recent years?

With revenue of $250 in 202012 and $0 in 201912, the organization appears to be operating on very limited current income. It likely sustains operations by drawing down on its existing assets or relying on past reserves, as indicated by its $163,087 in assets.

What are the specific program activities and their associated costs?

The provided summary data does not detail specific program activities or their costs. A full review of the IRS 990 forms, particularly Part III (Statement of Program Service Accomplishments) and Part IX (Statement of Functional Expenses), would be necessary to understand this.

Filing History

IRS 990 filing history for Wickenburg Economic Developmentpartnership showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2008–2020), Wickenburg Economic Developmentpartnership's revenue has declined by 99.7%, moving from $85K to $250. Total assets increased by 231.2% over the same period, from $49K to $163K. Total functional expenses fell by 99.7%, from $34K to $115. In its most recent filing year (2020), Wickenburg Economic Developmentpartnership reported a surplus of $135, with revenue exceeding expenses. The organization holds $18K in liabilities against $163K in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $145K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2020	$250	$115	$163K	$18K	—	View 990
2019	$0	$240	$163K	$18K	—	View 990
2017	$28K	$73K	$1.1M	$328K	—	View 990
2016	$47K	$66K	$164K	$19K	—	View 990
2015	$65K	$71K	$164K	$0	—	View 990
2014	$50K	$51K	$170K	$0	—	View 990
2013	$60K	$58K	$172K	$0	—	View 990
2012	$30K	$63K	$169K	$500	—	View 990
2011	$261K	$71K	$204K	$2K	—	View 990
2008	$85K	$34K	$49K	$0	—	View 990

Year-by-Year Financial Summary

2020: Revenue of $250, expenses of $115, and assets of $163K.
2019: Revenue of $0, expenses of $240, and assets of $163K (revenue -100.0% year-over-year).
2017: Revenue of $28K, expenses of $73K, and assets of $1.1M (revenue -40.7% year-over-year).
2016: Revenue of $47K, expenses of $66K, and assets of $164K (revenue -27.3% year-over-year).
2015: Revenue of $65K, expenses of $71K, and assets of $164K (revenue +30.2% year-over-year).
2014: Revenue of $50K, expenses of $51K, and assets of $170K (revenue -17.8% year-over-year).
2013: Revenue of $60K, expenses of $58K, and assets of $172K (revenue +99.8% year-over-year).
2012: Revenue of $30K, expenses of $63K, and assets of $169K (revenue -88.4% year-over-year).
2011: Revenue of $261K, expenses of $71K, and assets of $204K (revenue +206.7% year-over-year).
2008: Revenue of $85K, expenses of $34K, and assets of $49K.

Data Sources and Methodology

This transparency report for Wickenburg Economic Developmentpartnership 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.