Willkie House Incorporated
EIN: 420680433 · Des Moines, IA
| Metric | Value |
|---|---|
| Total Revenue | $752K |
| Total Expenses | $402K |
| Net Assets | $619K |
Is Willkie House Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Willkie House Incorporated
Willkie House Incorporated (EIN: 420680433) is a nonprofit organization based in Des Moines, IA. The organization reported total revenue of $752K and total assets of $979K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Willkie House Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Willkie House Incorporated is a small nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $504K |
| Total Expenses | $402K |
| Surplus / Deficit | +$102K |
| Total Assets | $663K |
| Total Liabilities | $43K |
| Net Assets | $619K |
| Operating Margin | 20.2% |
| Debt-to-Asset Ratio | 6.5% |
| Months of Reserves | 19.8 months |
Financial Health Grade: A
In 2023, Willkie House Incorporated reported a surplus of $102K with revenue exceeding expenses, holds 19.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Willkie House Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.6% | -3.8% | +23.2% |
| 2022 | -21.5% | +11.3% | -13.5% |
| 2021 | +88.1% | +56.1% | +36.7% |
| 2020 | +34.4% | -16.6% | +15.1% |
| 2019 | -8.6% | +25.1% | -17.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1949 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Willkie House Incorporated 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 Willkie House Incorporated 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $102K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.5%.
Frequently Asked Questions about Willkie House Incorporated
Is Willkie House Incorporated a legitimate charity?
Willkie House Incorporated (EIN: 420680433) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $752K. No red flags identified. Financial health grade: A.
How does Willkie House Incorporated spend its money?
Willkie House Incorporated reported $752K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Willkie House Incorporated tax-deductible?
Willkie House Incorporated is registered as a tax-exempt nonprofit (EIN: 420680433). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Willkie House Incorporated located?
Willkie House Incorporated is headquartered in Des Moines, Iowa and files with the IRS under EIN 420680433.
How many years of IRS 990 filings does Willkie House Incorporated have?
Willkie House Incorporated 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 $752K in total revenue.
Filing History
IRS 990 filing history for Willkie House Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Willkie House Incorporated's revenue has grown by 30.7%, moving from $386K to $504K. Total assets increased by 20.6% over the same period, from $550K to $663K. Total functional expenses fell by 4.4%, from $421K to $402K. In its most recent filing year (2023), Willkie House Incorporated reported a surplus of $102K, with revenue exceeding expenses. The organization holds $43K in liabilities against $663K in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $619K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $504K | $402K | $663K | $43K | — | — |
| 2022 | $411K | $418K | $538K | $20K | — | View 990 |
| 2021 | $524K | $375K | $622K | $13K | — | View 990 |
| 2020 | $279K | $241K | $455K | $34K | — | View 990 |
| 2019 | $207K | $288K | $395K | $8K | — | View 990 |
| 2018 | $227K | $231K | $478K | $14K | — | View 990 |
| 2017 | $239K | $245K | $477K | $10K | — | View 990 |
| 2016 | $240K | $209K | $474K | $14K | — | View 990 |
| 2015 | $246K | $289K | $510K | $45K | — | View 990 |
| 2014 | $246K | $289K | $510K | $41K | — | View 990 |
| 2013 | $333K | $302K | $508K | $24K | — | View 990 |
| 2012 | $226K | $267K | $491K | $17K | — | View 990 |
| 2011 | $386K | $421K | $550K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $504K, expenses of $402K, and assets of $663K (revenue +22.6% year-over-year).
- 2022: Revenue of $411K, expenses of $418K, and assets of $538K (revenue -21.5% year-over-year).
- 2021: Revenue of $524K, expenses of $375K, and assets of $622K (revenue +88.1% year-over-year).
- 2020: Revenue of $279K, expenses of $241K, and assets of $455K (revenue +34.4% year-over-year).
- 2019: Revenue of $207K, expenses of $288K, and assets of $395K (revenue -8.6% year-over-year).
- 2018: Revenue of $227K, expenses of $231K, and assets of $478K (revenue -5.2% year-over-year).
- 2017: Revenue of $239K, expenses of $245K, and assets of $477K (revenue -0.3% year-over-year).
- 2016: Revenue of $240K, expenses of $209K, and assets of $474K (revenue -2.2% year-over-year).
- 2015: Revenue of $246K, expenses of $289K, and assets of $510K (revenue +0.0% year-over-year).
- 2014: Revenue of $246K, expenses of $289K, and assets of $510K (revenue -26.3% year-over-year).
- 2013: Revenue of $333K, expenses of $302K, and assets of $508K (revenue +47.1% year-over-year).
- 2012: Revenue of $226K, expenses of $267K, and assets of $491K (revenue -41.3% year-over-year).
- 2011: Revenue of $386K, expenses of $421K, and assets of $550K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Willkie House Incorporated:
Data Sources and Methodology
This transparency report for Willkie House Incorporated 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.