Will Act Inc
Will Act Inc. consistently operates at a deficit, with liabilities significantly exceeding assets.
EIN: 200134969 · Tulsa, OK · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $108K |
| Total Expenses | $126K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $-392,325 |
| Transparency Score | 55/100 |
Is Will Act Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Will Act Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Will Act Inc
Will Act Inc (EIN: 200134969) is a nonprofit organization based in Tulsa, OK, classified under NTEE code L22. The organization reported total revenue of $108K and total assets of $532K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Will Act Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Will Act Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $126K |
| Surplus / Deficit | $-15,847 |
| Total Assets | $589K |
| Total Liabilities | $981K |
| Net Assets | $-392,325 |
| Operating Margin | -14.4% |
| Debt-to-Asset Ratio | 166.6% |
| Months of Reserves | 56.2 months |
Financial Health Grade: C
In 2023, Will Act Inc reported a deficit of $16K with expenses exceeding revenue, holds 56.2 months of operating reserves (strong position), has a debt-to-asset ratio of 166.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Will Act Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.6% | +4.8% | -2.7% |
| 2022 | -3.5% | -6.7% | -3.8% |
| 2021 | +5.2% | +5.0% | -4.7% |
| 2020 | +1.5% | +5.8% | -3.5% |
| 2019 | -3.9% | -8.9% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Will Act Inc with a Mission Score of 55 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, Will Act Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 166.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers are receiving salaries from the organization, which is highly unusual for an organization with over $100,000 in annual revenue and suggests a volunteer-led executive structure.
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 Will Act Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) over the past decade.
- Liabilities significantly outweighing assets (e.g., $981,422 liabilities vs. $589,097 assets in 2023).
- Declining asset base over time (from $846,235 in 2014 to $589,097 in 2023).
Strengths
The following positive indicators were identified for Will Act Inc:
- Consistent filing of IRS 990 forms, indicating transparency.
- 0% officer compensation reported, suggesting a commitment to minimizing executive overhead.
Frequently Asked Questions about Will Act Inc
Is Will Act Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Will Act Inc (EIN: 200134969) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does Will Act Inc spend its money?
Will Act Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Will Act Inc tax-deductible?
Will Act Inc is registered as a tax-exempt nonprofit (EIN: 200134969). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Will Act Inc CEO make?
Will Act Inc's highest-compensated officer earns $100,000 annually. The organization reported $108K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Will Act Inc's spending goes to programs?
Will Act Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Will Act Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Will Act Inc is near average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Will Act Inc located?
Will Act Inc is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 200134969. It is classified under NTEE code L22.
How many years of IRS 990 filings does Will Act Inc have?
Will Act 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 $108K in total revenue.
Is Will Act Inc. financially sustainable given its consistent deficits?
Will Act Inc. has consistently reported expenses exceeding revenue for at least the past decade, leading to a decline in assets from $846,235 in 2014 to $589,097 in 2023. This pattern suggests a lack of financial sustainability without significant changes to its operational model or funding strategy.
What is the nature of Will Act Inc.'s high liabilities?
The organization's liabilities have consistently been around $980,000, significantly higher than its assets. Without further detail from the full IRS 990 forms, the specific nature of these liabilities (e.g., long-term debt, program-related investments, or other obligations) cannot be determined, but they represent a substantial financial burden.
How does Will Act Inc. manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's executive leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation on the 990, which is uncommon for an organization of its size and revenue.
Filing History
IRS 990 filing history for Will Act Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Will Act Inc's revenue has grown by 32.4%, moving from $83K to $110K. Total assets decreased by 36.9% over the same period, from $934K to $589K. Total functional expenses rose by 9.3%, from $115K to $126K. In its most recent filing year (2023), Will Act Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $981K in liabilities against $589K in assets (debt-to-asset ratio: 166.6%), resulting in net assets of $-392,325.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $110K | $126K | $589K | $981K | — | View 990 |
| 2022 | $97K | $120K | $606K | $982K | — | View 990 |
| 2021 | $100K | $129K | $630K | $983K | — | View 990 |
| 2020 | $95K | $123K | $661K | $986K | — | View 990 |
| 2019 | $94K | $116K | $685K | $982K | — | View 990 |
| 2018 | $98K | $127K | $706K | $982K | — | View 990 |
| 2017 | $91K | $130K | $736K | $982K | — | View 990 |
| 2016 | $81K | $123K | $766K | $974K | — | View 990 |
| 2015 | $84K | $114K | $808K | $974K | — | View 990 |
| 2014 | $81K | $119K | $846K | $983K | — | View 990 |
| 2013 | $84K | $113K | $875K | $974K | — | View 990 |
| 2012 | $91K | $123K | $903K | $978K | — | View 990 |
| 2011 | $83K | $115K | $934K | $977K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $110K, expenses of $126K, and assets of $589K (revenue +13.6% year-over-year).
- 2022: Revenue of $97K, expenses of $120K, and assets of $606K (revenue -3.5% year-over-year).
- 2021: Revenue of $100K, expenses of $129K, and assets of $630K (revenue +5.2% year-over-year).
- 2020: Revenue of $95K, expenses of $123K, and assets of $661K (revenue +1.5% year-over-year).
- 2019: Revenue of $94K, expenses of $116K, and assets of $685K (revenue -3.9% year-over-year).
- 2018: Revenue of $98K, expenses of $127K, and assets of $706K (revenue +7.3% year-over-year).
- 2017: Revenue of $91K, expenses of $130K, and assets of $736K (revenue +12.0% year-over-year).
- 2016: Revenue of $81K, expenses of $123K, and assets of $766K (revenue -3.6% year-over-year).
- 2015: Revenue of $84K, expenses of $114K, and assets of $808K (revenue +3.7% year-over-year).
- 2014: Revenue of $81K, expenses of $119K, and assets of $846K (revenue -3.5% year-over-year).
- 2013: Revenue of $84K, expenses of $113K, and assets of $875K (revenue -7.8% year-over-year).
- 2012: Revenue of $91K, expenses of $123K, and assets of $903K (revenue +10.0% year-over-year).
- 2011: Revenue of $83K, expenses of $115K, and assets of $934K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Will Act Inc:
Data Sources and Methodology
This transparency report for Will Act 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.