William Newton Healthcarefoundation Inc
William Newton Healthcarefoundation Inc experiences fluctuating revenues and recurring operational deficits, maintaining asset growth without executive compensation.
EIN: 205069172 · Winfield, KS · NTEE: E11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $769K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.1M |
| Transparency Score | 75/100 |
Is William Newton Healthcarefoundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William Newton Healthcarefoundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William Newton Healthcarefoundation Inc
William Newton Healthcarefoundation Inc (EIN: 205069172) is a nonprofit organization based in Winfield, KS, classified under NTEE code E11. The organization reported total revenue of $4.5M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William Newton Healthcarefoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William Newton Healthcarefoundation Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $444K |
| Total Expenses | $769K |
| Surplus / Deficit | $-325,585 |
| Total Assets | $3.1M |
| Net Assets | $3.1M |
| Operating Margin | -73.4% |
| Months of Reserves | 48.2 months |
Financial Health Grade: B
In 2023, William Newton Healthcarefoundation Inc reported a deficit of $326K with expenses exceeding revenue, holds 48.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), William Newton Healthcarefoundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -63.3% | -35.4% | -15.4% |
| 2022 | +60.4% | +104.5% | +3.7% |
| 2021 | +282.1% | +7.9% | +12.2% |
| 2020 | -74.1% | -49.2% | -4.3% |
| 2019 | -65.5% | +139.9% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 William Newton Healthcarefoundation 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: 80%
- fundraising: 10%
According to IRS 990 filings, William Newton Healthcarefoundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $326K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officer salaries are paid, which is highly commendable for an organization of its size with assets over $3 million.
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 William Newton Healthcarefoundation Inc's IRS 990 filings:
- Recurring operational deficits (e.g., 2023, 2020, 2019, 2014) where expenses exceeded revenue.
- Significant year-over-year revenue volatility, making financial planning potentially challenging.
Strengths
The following positive indicators were identified for William Newton Healthcarefoundation Inc:
- Consistent 0% officer compensation, indicating strong commitment to mission-focused spending.
- Significant growth in assets from $933,473 in 2014 to $3,090,573 in 2023.
- Low liabilities in most reporting periods, indicating good financial management of debt.
Frequently Asked Questions about William Newton Healthcarefoundation Inc
Is William Newton Healthcarefoundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, William Newton Healthcarefoundation Inc (EIN: 205069172) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does William Newton Healthcarefoundation Inc spend its money?
William Newton Healthcarefoundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to William Newton Healthcarefoundation Inc tax-deductible?
William Newton Healthcarefoundation Inc is registered as a tax-exempt nonprofit (EIN: 205069172). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the William Newton Healthcarefoundation Inc CEO make?
William Newton Healthcarefoundation Inc's highest-compensated officer earns $3 annually. The organization reported $4.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of William Newton Healthcarefoundation Inc's spending goes to programs?
William Newton Healthcarefoundation Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does William Newton Healthcarefoundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), William Newton Healthcarefoundation Inc is above average for NTEE category E11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is William Newton Healthcarefoundation Inc located?
William Newton Healthcarefoundation Inc is headquartered in Winfield, Kansas and files with the IRS under EIN 205069172. It is classified under NTEE code E11.
How many years of IRS 990 filings does William Newton Healthcarefoundation Inc have?
William Newton Healthcarefoundation 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 $4.5M in total revenue.
Is William Newton Healthcarefoundation Inc a good charity?
The organization exhibits strong financial stewardship by not paying officer compensation and has grown its assets. However, recurring operational deficits in recent years (e.g., 2023, 2020, 2019) suggest a need for more sustainable revenue generation to cover expenses.
How does the organization fund its operations given the deficits?
The organization likely relies on investment income, endowment drawdowns, or significant non-operating contributions to cover operational deficits, as seen in years like 2023 where expenses ($769,173) exceeded revenue ($443,588).
What is the trend in the organization's financial health?
While assets have grown from $933,473 in 2014 to $3,090,573 in 2023, the operational revenue has been highly volatile, ranging from $197,095 in 2020 to $2,206,077 in 2018, with expenses often exceeding revenue in recent periods.
Filing History
IRS 990 filing history for William Newton Healthcarefoundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), William Newton Healthcarefoundation Inc's revenue has grown by 194.1%, moving from $151K to $444K. Total assets increased by 184.4% over the same period, from $1.1M to $3.1M. Total functional expenses rose by 123.8%, from $344K to $769K. In its most recent filing year (2023), William Newton Healthcarefoundation Inc reported a deficit of $326K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $444K | $769K | $3.1M | $0 | — | — |
| 2022 | $1.2M | $1.2M | $3.7M | $457K | — | View 990 |
| 2021 | $753K | $582K | $3.5M | $0 | — | View 990 |
| 2020 | $197K | $539K | $3.1M | $0 | — | View 990 |
| 2019 | $761K | $1.1M | $3.3M | $99K | — | — |
| 2018 | $2.2M | $443K | $3.3M | $15K | — | View 990 |
| 2017 | $1.1M | $513K | $2.1M | $0 | — | View 990 |
| 2016 | $355K | $177K | $1.5M | $0 | — | View 990 |
| 2015 | $745K | $292K | $1.3M | $0 | — | View 990 |
| 2014 | $299K | $572K | $933K | $0 | — | View 990 |
| 2013 | $234K | $123K | $1.2M | $0 | — | View 990 |
| 2012 | $219K | $220K | $1.1M | $0 | — | View 990 |
| 2011 | $151K | $344K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $444K, expenses of $769K, and assets of $3.1M (revenue -63.3% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $3.7M (revenue +60.4% year-over-year).
- 2021: Revenue of $753K, expenses of $582K, and assets of $3.5M (revenue +282.1% year-over-year).
- 2020: Revenue of $197K, expenses of $539K, and assets of $3.1M (revenue -74.1% year-over-year).
- 2019: Revenue of $761K, expenses of $1.1M, and assets of $3.3M (revenue -65.5% year-over-year).
- 2018: Revenue of $2.2M, expenses of $443K, and assets of $3.3M (revenue +107.2% year-over-year).
- 2017: Revenue of $1.1M, expenses of $513K, and assets of $2.1M (revenue +200.2% year-over-year).
- 2016: Revenue of $355K, expenses of $177K, and assets of $1.5M (revenue -52.4% year-over-year).
- 2015: Revenue of $745K, expenses of $292K, and assets of $1.3M (revenue +149.0% year-over-year).
- 2014: Revenue of $299K, expenses of $572K, and assets of $933K (revenue +28.1% year-over-year).
- 2013: Revenue of $234K, expenses of $123K, and assets of $1.2M (revenue +6.9% year-over-year).
- 2012: Revenue of $219K, expenses of $220K, and assets of $1.1M (revenue +45.0% year-over-year).
- 2011: Revenue of $151K, expenses of $344K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William Newton Healthcarefoundation Inc:
Data Sources and Methodology
This transparency report for William Newton Healthcarefoundation 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.