Wilde Lake Community Association
EIN: 520997150 · Columbia, MD
| Metric | Value |
|---|---|
| Total Revenue | $654K |
| Total Expenses | $519K |
| Net Assets | $205K |
Is Wilde Lake Community Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wilde Lake Community Association
Wilde Lake Community Association (EIN: 520997150) is a nonprofit organization based in Columbia, MD. The organization reported total revenue of $654K and total assets of $289K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wilde Lake Community Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wilde Lake Community Association is a small nonprofit that has been operating for 49 years, with 11 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $516K |
| Total Expenses | $519K |
| Surplus / Deficit | $-2,925 |
| Total Assets | $415K |
| Total Liabilities | $210K |
| Net Assets | $205K |
| Operating Margin | -0.6% |
| Debt-to-Asset Ratio | 50.6% |
| Months of Reserves | 9.6 months |
Financial Health Grade: C
In 2022, Wilde Lake Community Association reported a deficit of $3K with expenses exceeding revenue, holds 9.6 months of operating reserves (strong position), has a debt-to-asset ratio of 50.6% (high leverage).
Financial Trends
Over 11 years of filings (2012–2022), Wilde Lake Community Association's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +14.1% | +20.5% | +8.6% |
| 2021 | -26.9% | -29.5% | +9.8% |
| 2020 | -5.2% | -0.9% | -11.2% |
| 2019 | -0.6% | -3.4% | +10.8% |
| 2018 | +13.3% | +8.4% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wilde Lake Community Association 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 Wilde Lake Community Association 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 50.6%.
Frequently Asked Questions about Wilde Lake Community Association
Is Wilde Lake Community Association a legitimate charity?
Wilde Lake Community Association (EIN: 520997150) is a registered tax-exempt nonprofit based in Maryland. It has 11 years of IRS 990 filings on record. Total revenue: $654K. No red flags identified. Financial health grade: C.
How does Wilde Lake Community Association spend its money?
Wilde Lake Community Association reported $654K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wilde Lake Community Association tax-deductible?
Wilde Lake Community Association is registered as a tax-exempt nonprofit (EIN: 520997150). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wilde Lake Community Association located?
Wilde Lake Community Association is headquartered in Columbia, Maryland and files with the IRS under EIN 520997150.
How many years of IRS 990 filings does Wilde Lake Community Association have?
Wilde Lake Community Association has 11 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 $654K in total revenue.
Filing History
IRS 990 filing history for Wilde Lake Community Association showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2022), Wilde Lake Community Association's revenue has declined by 4%, moving from $538K to $516K. Total assets increased by 56.7% over the same period, from $265K to $415K. Total functional expenses rose by 0.7%, from $516K to $519K. In its most recent filing year (2022), Wilde Lake Community Association reported a deficit of $3K, with expenses exceeding revenue. The organization holds $210K in liabilities against $415K in assets (debt-to-asset ratio: 50.6%), resulting in net assets of $205K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $516K | $519K | $415K | $210K | — | View 990 |
| 2021 | $452K | $431K | $382K | $174K | — | — |
| 2020 | $619K | $612K | $348K | $161K | — | View 990 |
| 2019 | $653K | $617K | $392K | $212K | — | View 990 |
| 2018 | $657K | $639K | $354K | $210K | — | — |
| 2017 | $580K | $589K | $353K | $228K | — | View 990 |
| 2016 | $585K | $548K | $314K | $179K | — | View 990 |
| 2015 | $565K | $569K | $288K | $190K | — | View 990 |
| 2014 | $553K | $548K | $297K | $195K | — | View 990 |
| 2013 | $582K | $564K | $275K | $178K | — | View 990 |
| 2012 | $538K | $516K | $265K | $186K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $516K, expenses of $519K, and assets of $415K (revenue +14.1% year-over-year).
- 2021: Revenue of $452K, expenses of $431K, and assets of $382K (revenue -26.9% year-over-year).
- 2020: Revenue of $619K, expenses of $612K, and assets of $348K (revenue -5.2% year-over-year).
- 2019: Revenue of $653K, expenses of $617K, and assets of $392K (revenue -0.6% year-over-year).
- 2018: Revenue of $657K, expenses of $639K, and assets of $354K (revenue +13.3% year-over-year).
- 2017: Revenue of $580K, expenses of $589K, and assets of $353K (revenue -0.9% year-over-year).
- 2016: Revenue of $585K, expenses of $548K, and assets of $314K (revenue +3.6% year-over-year).
- 2015: Revenue of $565K, expenses of $569K, and assets of $288K (revenue +2.1% year-over-year).
- 2014: Revenue of $553K, expenses of $548K, and assets of $297K (revenue -4.9% year-over-year).
- 2013: Revenue of $582K, expenses of $564K, and assets of $275K (revenue +8.2% year-over-year).
- 2012: Revenue of $538K, expenses of $516K, and assets of $265K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wilde Lake Community Association:
Data Sources and Methodology
This transparency report for Wilde Lake Community Association 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.