Willow Springs Charitable Tr
Willow Springs Charitable Tr shows consistent asset growth and zero executive compensation over a decade.
EIN: 204383299 · Mt Carroll, IL · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $26.9M |
| Total Expenses | $12.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $110.2M |
| Transparency Score | 95/100 |
Is Willow Springs Charitable Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Willow Springs Charitable Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Willow Springs Charitable Tr
Willow Springs Charitable Tr (EIN: 204383299) is a nonprofit organization based in Mt Carroll, IL, classified under NTEE code T20. The organization reported total revenue of $26.9M and total assets of $111.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Willow Springs Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Willow Springs Charitable Tr is a large nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.3M |
| Total Expenses | $12.7M |
| Surplus / Deficit | +$1.6M |
| Total Assets | $110.2M |
| Total Liabilities | $1K |
| Net Assets | $110.2M |
| Operating Margin | 11.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 104.3 months |
Financial Health Grade: A
In 2023, Willow Springs Charitable Tr reported a surplus of $1.6M with revenue exceeding expenses, holds 104.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Willow Springs Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.3% | +20.7% | +1.5% |
| 2022 | -11.5% | +10.2% | +8.5% |
| 2021 | +48.3% | +17.3% | +13.4% |
| 2020 | +29.2% | -4.1% | +7.6% |
| 2019 | -3.4% | +31.2% | +27.2% |
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 Willow Springs Charitable Tr with a Mission Score of 95 out of 100 (Excellent). 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, Willow Springs Charitable Tr 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 surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Willow Springs Charitable Tr consistently reports 0% officer compensation across all ten years of available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size with over $100 million in assets.
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 Willow Springs Charitable Tr's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data (though not a red flag for the organization itself, but for this analysis)
Strengths
The following positive indicators were identified for Willow Springs Charitable Tr:
- Consistent asset growth from $40.18M to $110.19M over 12 years.
- Zero officer compensation reported across all ten filings, indicating high efficiency and mission focus.
- Very low liabilities across all periods, demonstrating strong financial stability.
- Consistent revenue generation, often exceeding expenses, leading to healthy surpluses.
Frequently Asked Questions about Willow Springs Charitable Tr
Is Willow Springs Charitable Tr a legitimate charity?
Willow Springs Charitable Tr (EIN: 204383299) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $26.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Willow Springs Charitable Tr spend its money?
Willow Springs Charitable Tr directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Willow Springs Charitable Tr tax-deductible?
Willow Springs Charitable Tr is registered as a tax-exempt nonprofit (EIN: 204383299). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Willow Springs Charitable Tr CEO make?
Willow Springs Charitable Tr's highest-compensated officer earns $100 annually. The organization reported $26.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Willow Springs Charitable Tr compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Willow Springs Charitable Tr is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Willow Springs Charitable Tr located?
Willow Springs Charitable Tr is headquartered in Mt Carroll, Illinois and files with the IRS under EIN 204383299. It is classified under NTEE code T20.
How many years of IRS 990 filings does Willow Springs Charitable Tr have?
Willow Springs Charitable Tr has 10 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 $26.9M in total revenue.
Is Willow Springs Charitable Tr a good charity?
Based on the provided financial data, Willow Springs Charitable Tr appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to not paying officer compensation, suggesting a high dedication to its mission.
How does Willow Springs Charitable Tr manage to operate without officer compensation?
The filings consistently show 0% officer compensation, which implies that the organization's leadership may be entirely volunteer-based, or compensation is structured in a way that is not reported as 'officer compensation' on the 990, though the former is more likely given the consistent reporting.
What is the trend in Willow Springs Charitable Tr's assets?
Willow Springs Charitable Tr has shown consistent and significant asset growth, increasing from $40.18 million in 2011 to $110.19 million in 2023, indicating strong financial accumulation and stability.
Filing History
IRS 990 filing history for Willow Springs Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Willow Springs Charitable Tr's revenue has grown by 156.7%, moving from $5.6M to $14.3M. Total assets increased by 174.3% over the same period, from $40.2M to $110.2M. Total functional expenses rose by 143.1%, from $5.2M to $12.7M. In its most recent filing year (2023), Willow Springs Charitable Tr reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $1K in liabilities against $110.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $110.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.3M | $12.7M | $110.2M | $1K | — | View 990 |
| 2022 | $18.9M | $10.5M | $108.6M | $4K | — | View 990 |
| 2021 | $21.3M | $9.5M | $100.1M | $4K | — | View 990 |
| 2020 | $14.4M | $8.1M | $88.3M | $6K | — | View 990 |
| 2019 | $11.1M | $8.5M | $82.0M | $633 | — | — |
| 2015 | $11.5M | $6.5M | $64.5M | $633 | — | View 990 |
| 2014 | $11.8M | $7.4M | $59.4M | $0 | — | View 990 |
| 2013 | $12.8M | $4.1M | $55.0M | $0 | — | View 990 |
| 2012 | $9.4M | $3.3M | $46.3M | $0 | — | View 990 |
| 2011 | $5.6M | $5.2M | $40.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.3M, expenses of $12.7M, and assets of $110.2M (revenue -24.3% year-over-year).
- 2022: Revenue of $18.9M, expenses of $10.5M, and assets of $108.6M (revenue -11.5% year-over-year).
- 2021: Revenue of $21.3M, expenses of $9.5M, and assets of $100.1M (revenue +48.3% year-over-year).
- 2020: Revenue of $14.4M, expenses of $8.1M, and assets of $88.3M (revenue +29.2% year-over-year).
- 2019: Revenue of $11.1M, expenses of $8.5M, and assets of $82.0M (revenue -3.4% year-over-year).
- 2015: Revenue of $11.5M, expenses of $6.5M, and assets of $64.5M (revenue -2.0% year-over-year).
- 2014: Revenue of $11.8M, expenses of $7.4M, and assets of $59.4M (revenue -7.9% year-over-year).
- 2013: Revenue of $12.8M, expenses of $4.1M, and assets of $55.0M (revenue +36.3% year-over-year).
- 2012: Revenue of $9.4M, expenses of $3.3M, and assets of $46.3M (revenue +68.4% year-over-year).
- 2011: Revenue of $5.6M, expenses of $5.2M, and assets of $40.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Willow Springs Charitable Tr:
Data Sources and Methodology
This transparency report for Willow Springs Charitable Tr 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.