Wildwood Property Ownersassociation Inc
Wildwood Property Ownersassociation Inc operates with volunteer leadership but faces recurring deficits and declining assets.
EIN: 204373764 · Madison, MS · NTEE: S22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $53K |
| Total Expenses | $51K |
| Program Spending | 90% |
| Net Assets | $12K |
| Transparency Score | 75/100 |
Is Wildwood Property Ownersassociation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wildwood Property Ownersassociation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wildwood Property Ownersassociation Inc
Wildwood Property Ownersassociation Inc (EIN: 204373764) is a nonprofit organization based in Madison, MS, classified under NTEE code S22. The organization reported total revenue of $53K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wildwood Property Ownersassociation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wildwood Property Ownersassociation Inc is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $51K |
| Total Expenses | $51K |
| Surplus / Deficit | $-288 |
| Total Assets | $12K |
| Net Assets | $12K |
| Operating Margin | -0.6% |
| Months of Reserves | 2.8 months |
Financial Health Grade: C
In 2023, Wildwood Property Ownersassociation Inc reported a deficit of $288 with expenses exceeding revenue, holds 2.8 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Wildwood Property Ownersassociation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.5% | -31.0% | -2.3% |
| 2022 | +8.5% | +72.5% | -65.0% |
| 2021 | +5.1% | -17.3% | +7.0% |
| 2020 | -25.5% | -21.2% | +7.3% |
| 2019 | +14.4% | +17.2% | -13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wildwood Property Ownersassociation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Wildwood Property Ownersassociation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $288, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% of expenses across all available filings, indicating that the organization is run by volunteers and does not allocate funds to officer salaries, which is highly efficient for an organization of its size.
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 Wildwood Property Ownersassociation Inc's IRS 990 filings:
- Recurring deficits where expenses exceed revenue in multiple recent years (e.g., 2023, 2022, 2020, 2019, 2018, 2014).
- Significant decline in total assets from $74,769 in 2016 to $12,111 in 2023, indicating potential long-term financial strain.
Strengths
The following positive indicators were identified for Wildwood Property Ownersassociation Inc:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Low to zero liabilities in most recent filings, suggesting good debt management.
- Consistent filing of IRS Form 990s, demonstrating transparency and compliance.
Frequently Asked Questions about Wildwood Property Ownersassociation Inc
Is Wildwood Property Ownersassociation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wildwood Property Ownersassociation Inc (EIN: 204373764) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Wildwood Property Ownersassociation Inc spend its money?
Wildwood Property Ownersassociation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wildwood Property Ownersassociation Inc tax-deductible?
Wildwood Property Ownersassociation Inc is registered as a tax-exempt nonprofit (EIN: 204373764). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Wildwood Property Ownersassociation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Wildwood Property Ownersassociation Inc is above average for NTEE category S22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wildwood Property Ownersassociation Inc located?
Wildwood Property Ownersassociation Inc is headquartered in Madison, Mississippi and files with the IRS under EIN 204373764. It is classified under NTEE code S22.
How many years of IRS 990 filings does Wildwood Property Ownersassociation Inc have?
Wildwood Property Ownersassociation Inc has 13 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 $53K in total revenue.
What caused the significant expense increase in 2022 ($74,319) compared to previous years, leading to a substantial deficit?
The 2022 filing shows expenses of $74,319 against revenues of $51,250, resulting in a deficit. This is a notable increase from prior years' expenses, such as $43,082 in 2021, and warrants further investigation into the specific expenditures.
What is the plan to address the recurring deficits and the decline in assets from $74,769 in 2016 to $12,111 in 2023?
The organization has experienced several years where expenses exceeded revenue, and its assets have significantly decreased over time. A clear strategy for financial sustainability and asset management would be beneficial.
How does the organization fund its operations given the consistent reporting of 0% officer compensation?
The consistent reporting of zero officer compensation suggests that the organization relies heavily on volunteer efforts for its leadership and administrative functions, which is a cost-effective model for a small nonprofit.
Filing History
IRS 990 filing history for Wildwood Property Ownersassociation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wildwood Property Ownersassociation Inc's revenue has grown by 6.9%, moving from $48K to $51K. Total assets decreased by 70% over the same period, from $40K to $12K. Total functional expenses rose by 17.4%, from $44K to $51K. In its most recent filing year (2023), Wildwood Property Ownersassociation Inc reported a deficit of $288, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $51K | $51K | $12K | $0 | — | — |
| 2022 | $51K | $74K | $12K | $0 | — | View 990 |
| 2021 | $47K | $43K | $35K | $0 | — | — |
| 2020 | $45K | $52K | $33K | $2K | — | View 990 |
| 2019 | $60K | $66K | $31K | $3K | — | View 990 |
| 2018 | $53K | $56K | $36K | $2K | — | View 990 |
| 2017 | $55K | $42K | $38K | $378 | — | View 990 |
| 2016 | $74K | $91K | $75K | $49K | — | View 990 |
| 2015 | $50K | $40K | $46K | $798 | — | View 990 |
| 2014 | $48K | $54K | $35K | $429 | — | View 990 |
| 2013 | $52K | $37K | $41K | $630 | — | View 990 |
| 2012 | $47K | $47K | $28K | $2K | — | View 990 |
| 2011 | $48K | $44K | $40K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $51K, expenses of $51K, and assets of $12K (revenue -0.5% year-over-year).
- 2022: Revenue of $51K, expenses of $74K, and assets of $12K (revenue +8.5% year-over-year).
- 2021: Revenue of $47K, expenses of $43K, and assets of $35K (revenue +5.1% year-over-year).
- 2020: Revenue of $45K, expenses of $52K, and assets of $33K (revenue -25.5% year-over-year).
- 2019: Revenue of $60K, expenses of $66K, and assets of $31K (revenue +14.4% year-over-year).
- 2018: Revenue of $53K, expenses of $56K, and assets of $36K (revenue -3.6% year-over-year).
- 2017: Revenue of $55K, expenses of $42K, and assets of $38K (revenue -26.0% year-over-year).
- 2016: Revenue of $74K, expenses of $91K, and assets of $75K (revenue +47.8% year-over-year).
- 2015: Revenue of $50K, expenses of $40K, and assets of $46K (revenue +3.9% year-over-year).
- 2014: Revenue of $48K, expenses of $54K, and assets of $35K (revenue -7.7% year-over-year).
- 2013: Revenue of $52K, expenses of $37K, and assets of $41K (revenue +11.1% year-over-year).
- 2012: Revenue of $47K, expenses of $47K, and assets of $28K (revenue -1.6% year-over-year).
- 2011: Revenue of $48K, expenses of $44K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wildwood Property Ownersassociation Inc:
Data Sources and Methodology
This transparency report for Wildwood Property Ownersassociation 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.