Willow Spring Storm Club
EIN: 870847848 · Fuquay Varina, NC · NTEE: N11
Is Willow Spring Storm Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Willow Spring Storm Club
Willow Spring Storm Club (EIN: 870847848) is a nonprofit organization based in Fuquay Varina, NC, classified under NTEE code N11. The organization reported total revenue of $409K and total assets of $71K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Willow Spring Storm Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Willow Spring Storm Club is a small nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 35.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $409K |
| Total Expenses | $435K |
| Surplus / Deficit | $-26,679 |
| Total Assets | $71K |
| Total Liabilities | $39K |
| Net Assets | $32K |
| Operating Margin | -6.5% |
| Debt-to-Asset Ratio | 54.8% |
| Months of Reserves | 2.0 months |
Financial Health Grade: D
In 2023, Willow Spring Storm Club reported a deficit of $27K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 54.8% (high leverage).
Financial Trends
Over 2 years of filings (2021–2023), Willow Spring Storm Club's revenue has grown at a compound annual growth rate (CAGR) of 35.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +84.5% | +167.4% | +20.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Willow Spring Storm Club 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 Willow Spring Storm Club 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 deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 54.8%.
Frequently Asked Questions about Willow Spring Storm Club
Is Willow Spring Storm Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Willow Spring Storm Club (EIN: 870847848) insufficient data. 0 red flags identified, 0 strengths noted.
How does Willow Spring Storm Club spend its money?
Detailed spending breakdown data is not yet available for Willow Spring Storm Club. Check back for updated IRS 990 analysis.
Are donations to Willow Spring Storm Club tax-deductible?
Willow Spring Storm Club is registered as a tax-exempt nonprofit (EIN: 870847848). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Willow Spring Storm Club showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2023), Willow Spring Storm Club's revenue has grown by 84.5%, moving from $221K to $409K. Total assets increased by 20.7% over the same period, from $59K to $71K. Total functional expenses rose by 167.4%, from $163K to $435K. In its most recent filing year (2023), Willow Spring Storm Club reported a deficit of $27K, with expenses exceeding revenue. The organization holds $39K in liabilities against $71K in assets (debt-to-asset ratio: 54.8%), resulting in net assets of $32K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $409K | $435K | $71K | $39K | — | View 990 |
| 2021 | $221K | $163K | $59K | $0 | — | View 990 |
Data Sources and Methodology
This transparency report for Willow Spring Storm Club 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.