Wilton Basketball Association Inc
Wilton Basketball Association Inc. maintains stable finances with volunteer leadership and no liabilities.
EIN: 200960505 · Wilton, CT · NTEE: N62 · Updated: 2026-03-28
Is Wilton Basketball Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wilton Basketball Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Wilton Basketball Association Inc
Wilton Basketball Association Inc (EIN: 200960505) is a nonprofit organization based in Wilton, CT, classified under NTEE code N62. The organization reported total revenue of $112K and total assets of $103K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wilton Basketball Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wilton Basketball Association Inc is a small nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $100K |
| Total Expenses | $92K |
| Surplus / Deficit | +$7K |
| Total Assets | $107K |
| Net Assets | $107K |
| Operating Margin | 7.5% |
| Months of Reserves | 13.9 months |
Financial Health Grade: A
In 2022, Wilton Basketball Association Inc reported a surplus of $7K with revenue exceeding expenses, holds 13.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Wilton Basketball Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +3.0% | +78.7% | +4.9% |
| 2021 | +206.5% | -34.5% | +44.6% |
| 2020 | -68.6% | -24.6% | -37.7% |
| 2019 | -24.7% | -8.7% | +5.9% |
| 2018 | +32.1% | -6.2% | +28.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Wilton Basketball Association Inc 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, Wilton Basketball Association Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that the organization is run by volunteers, which significantly reduces overhead and maximizes funds available for programs.
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.
Strengths
The following positive indicators were identified for Wilton Basketball Association Inc:
- Zero officer compensation, indicating volunteer leadership and efficient use of funds.
- No reported liabilities across all filing periods, demonstrating strong financial solvency.
- Consistent asset base, generally over $100,000 in recent years, providing financial stability.
- Regular IRS 990 filings over 12 periods, showing commitment to transparency.
- Revenues generally exceeding expenses, indicating sustainable operations.
Frequently Asked Questions about Wilton Basketball Association Inc
Is Wilton Basketball Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wilton Basketball Association Inc (EIN: 200960505) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Wilton Basketball Association Inc spend its money?
Wilton Basketball Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Wilton Basketball Association Inc tax-deductible?
Wilton Basketball Association Inc is registered as a tax-exempt nonprofit (EIN: 200960505). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Wilton Basketball Association Inc. a good charity?
Based on the provided data, Wilton Basketball Association Inc. appears to be a very good charity. It has strong financial health, no liabilities, and a volunteer-led structure with 0% officer compensation, meaning funds are likely maximized for its mission.
How does Wilton Basketball Association Inc. manage its finances?
The organization manages its finances prudently, consistently maintaining a healthy asset base (e.g., $107,363 in 2022) and reporting zero liabilities across all periods. Revenues generally cover expenses, indicating sustainable operations.
What is the trend in Wilton Basketball Association Inc.'s revenue?
Wilton Basketball Association Inc.'s revenue has generally been stable around $100,000-$130,000 annually, with a significant dip in 2020 to $31,672, likely due to the pandemic, but it has since recovered to $99,940 in 2022.
Filing History
IRS 990 filing history for Wilton Basketball Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Wilton Basketball Association Inc's revenue has grown by 37.4%, moving from $73K to $100K. Total assets increased by 51.4% over the same period, from $71K to $107K. Total functional expenses rose by 59.1%, from $58K to $92K. In its most recent filing year (2022), Wilton Basketball Association Inc reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $100K | $92K | $107K | $0 | — | View 990 |
| 2021 | $97K | $52K | $102K | $0 | — | — |
| 2020 | $32K | $79K | $71K | $0 | — | View 990 |
| 2019 | $101K | $105K | $114K | $0 | — | View 990 |
| 2018 | $134K | $115K | $107K | $0 | — | View 990 |
| 2017 | $101K | $122K | $84K | $0 | — | View 990 |
| 2016 | $87K | $79K | $105K | $0 | — | View 990 |
| 2015 | $113K | $113K | $97K | $0 | — | View 990 |
| 2014 | $102K | $98K | $97K | $0 | — | View 990 |
| 2013 | $112K | $88K | $92K | $0 | — | View 990 |
| 2012 | $82K | $84K | $68K | $0 | — | View 990 |
| 2011 | $73K | $58K | $71K | $0 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $100K, expenses of $92K, and assets of $107K (revenue +3.0% year-over-year).
- 2021: Revenue of $97K, expenses of $52K, and assets of $102K (revenue +206.5% year-over-year).
- 2020: Revenue of $32K, expenses of $79K, and assets of $71K (revenue -68.6% year-over-year).
- 2019: Revenue of $101K, expenses of $105K, and assets of $114K (revenue -24.7% year-over-year).
- 2018: Revenue of $134K, expenses of $115K, and assets of $107K (revenue +32.1% year-over-year).
- 2017: Revenue of $101K, expenses of $122K, and assets of $84K (revenue +16.4% year-over-year).
- 2016: Revenue of $87K, expenses of $79K, and assets of $105K (revenue -23.2% year-over-year).
- 2015: Revenue of $113K, expenses of $113K, and assets of $97K (revenue +10.8% year-over-year).
- 2014: Revenue of $102K, expenses of $98K, and assets of $97K (revenue -8.6% year-over-year).
- 2013: Revenue of $112K, expenses of $88K, and assets of $92K (revenue +36.8% year-over-year).
- 2012: Revenue of $82K, expenses of $84K, and assets of $68K (revenue +12.3% year-over-year).
- 2011: Revenue of $73K, expenses of $58K, and assets of $71K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wilton Basketball Association Inc:
Data Sources and Methodology
This transparency report for Wilton Basketball Association 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.