Willow Towers Inc
Willow Towers Inc. shows declining assets and recent operating deficits, but maintains zero officer compensation.
EIN: 134097985 · New Rochelle, NY · NTEE: L22 · Updated: 2026-03-28
Is Willow Towers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Willow Towers Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Willow Towers Inc
Willow Towers Inc (EIN: 134097985) is a nonprofit organization based in New Rochelle, NY, classified under NTEE code L22. The organization reported total revenue of $15.2M and total assets of $20.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Willow Towers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Willow Towers Inc is a large nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.9M |
| Total Expenses | $15.0M |
| Surplus / Deficit | $-1,119,352 |
| Total Assets | $21.5M |
| Total Liabilities | $17.4M |
| Net Assets | $4.1M |
| Operating Margin | -8.1% |
| Debt-to-Asset Ratio | 81.0% |
| Months of Reserves | 17.2 months |
Financial Health Grade: C
In 2023, Willow Towers Inc reported a deficit of $1.1M with expenses exceeding revenue, holds 17.2 months of operating reserves (strong position), has a debt-to-asset ratio of 81.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Willow Towers Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.2% | +8.0% | -6.4% |
| 2022 | +1.6% | +13.8% | -6.1% |
| 2021 | +13.9% | -1.7% | -2.2% |
| 2020 | -6.6% | +3.7% | -6.2% |
| 2019 | +1.6% | +0.7% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Towers Inc with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Willow Towers Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 deficit of $1.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 81.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly commendable and indicates that no portion of the organization's $15,240,534 latest revenue is allocated to officer salaries, maximizing resources for its mission.
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 Towers Inc's IRS 990 filings:
- Consistent decline in total assets over the past decade, from $29.2M in 2015 to $21.4M in 2023.
- Operating deficits in the most recent fiscal years (202312 and 202212), where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Willow Towers Inc:
- Zero officer compensation reported across all available filings, indicating high efficiency in leadership costs.
- Long history of IRS 990 filings (13 filings), demonstrating consistent reporting and transparency.
- Historically strong revenue generation, with latest revenue at over $15 million.
Frequently Asked Questions about Willow Towers Inc
Is Willow Towers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Willow Towers Inc (EIN: 134097985) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Willow Towers Inc spend its money?
Willow Towers Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Willow Towers Inc tax-deductible?
Willow Towers Inc is registered as a tax-exempt nonprofit (EIN: 134097985). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Willow Towers Inc. financially stable given recent deficits?
While the organization has experienced operating deficits in the most recent periods (202312, 202212), its substantial asset base of $21,486,172 in 202312 provides a buffer. However, a continued trend of expenses exceeding revenue could impact long-term stability.
Why are assets declining year over year?
Assets have consistently declined from $29,228,789 in 201512 to $21,486,172 in 202312. This could be due to depreciation of physical assets, strategic divestment, or using reserves to cover operating expenses, especially during periods of deficit.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is a strong indicator of financial efficiency and a commitment to mission. It suggests that leadership may be volunteer-based or compensated through other means not classified as officer compensation, or that the organization prioritizes program spending above all else.
Filing History
IRS 990 filing history for Willow Towers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Willow Towers Inc's revenue has grown by 49.3%, moving from $9.3M to $13.9M. Total assets decreased by 21% over the same period, from $27.2M to $21.5M. Total functional expenses rose by 80.6%, from $8.3M to $15.0M. In its most recent filing year (2023), Willow Towers Inc reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $17.4M in liabilities against $21.5M in assets (debt-to-asset ratio: 81.0%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.9M | $15.0M | $21.5M | $17.4M | — | — |
| 2022 | $13.2M | $13.9M | $23.0M | $17.8M | — | View 990 |
| 2021 | $13.0M | $12.2M | $24.5M | $18.6M | — | View 990 |
| 2020 | $11.4M | $12.4M | $25.0M | $19.9M | — | View 990 |
| 2019 | $12.2M | $12.0M | $26.6M | $20.5M | — | View 990 |
| 2018 | $12.0M | $11.9M | $27.4M | $21.4M | — | View 990 |
| 2017 | $12.0M | $11.4M | $28.3M | $22.5M | — | View 990 |
| 2016 | $12.1M | $11.6M | $28.3M | $23.1M | — | View 990 |
| 2015 | $12.2M | $10.7M | $29.2M | $24.5M | — | View 990 |
| 2014 | $12.2M | $9.5M | $28.7M | $25.5M | — | View 990 |
| 2013 | $11.9M | $8.5M | $28.0M | $27.4M | — | View 990 |
| 2012 | $10.1M | $8.6M | $27.2M | $30.0M | — | View 990 |
| 2011 | $9.3M | $8.3M | $27.2M | $31.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.9M, expenses of $15.0M, and assets of $21.5M (revenue +5.2% year-over-year).
- 2022: Revenue of $13.2M, expenses of $13.9M, and assets of $23.0M (revenue +1.6% year-over-year).
- 2021: Revenue of $13.0M, expenses of $12.2M, and assets of $24.5M (revenue +13.9% year-over-year).
- 2020: Revenue of $11.4M, expenses of $12.4M, and assets of $25.0M (revenue -6.6% year-over-year).
- 2019: Revenue of $12.2M, expenses of $12.0M, and assets of $26.6M (revenue +1.6% year-over-year).
- 2018: Revenue of $12.0M, expenses of $11.9M, and assets of $27.4M (revenue +0.3% year-over-year).
- 2017: Revenue of $12.0M, expenses of $11.4M, and assets of $28.3M (revenue -0.9% year-over-year).
- 2016: Revenue of $12.1M, expenses of $11.6M, and assets of $28.3M (revenue -1.0% year-over-year).
- 2015: Revenue of $12.2M, expenses of $10.7M, and assets of $29.2M (revenue +0.3% year-over-year).
- 2014: Revenue of $12.2M, expenses of $9.5M, and assets of $28.7M (revenue +2.6% year-over-year).
- 2013: Revenue of $11.9M, expenses of $8.5M, and assets of $28.0M (revenue +17.3% year-over-year).
- 2012: Revenue of $10.1M, expenses of $8.6M, and assets of $27.2M (revenue +8.7% year-over-year).
- 2011: Revenue of $9.3M, expenses of $8.3M, and assets of $27.2M.
Data Sources and Methodology
This transparency report for Willow Towers 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.