Windustry
Windustry shows recent financial growth and maintains zero executive compensation.
EIN: 10746862 · Minneapolis, MN · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $176K |
| Total Expenses | $152K |
| Program Spending | 85% |
| Net Assets | $37K |
| Transparency Score | 90/100 |
Is Windustry Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Windustry directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Windustry
Windustry (EIN: 10746862) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code B99. The organization reported total revenue of $176K and total assets of $84K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Windustry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Windustry is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $180K |
| Total Expenses | $152K |
| Surplus / Deficit | +$29K |
| Total Assets | $100K |
| Total Liabilities | $63K |
| Net Assets | $37K |
| Operating Margin | 15.8% |
| Debt-to-Asset Ratio | 62.9% |
| Months of Reserves | 7.9 months |
Financial Health Grade: A
In 2023, Windustry reported a surplus of $29K with revenue exceeding expenses, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 62.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Windustry's revenue has declined at a compound annual growth rate (CAGR) of -10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.8% | -1.2% | +45.9% |
| 2022 | +108.1% | +108.1% | +146.0% |
| 2021 | +235.0% | +276.0% | -25.2% |
| 2020 | -22.5% | -53.2% | +41.1% |
| 2019 | -54.8% | -26.4% | -35.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
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 Windustry with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Windustry allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $29K, with revenue exceeding expenses.
- Debt-to-asset ratio: 62.9%.
Executive Compensation Analysis
Windustry consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly efficient for a nonprofit of its size and 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.
Strengths
The following positive indicators were identified for Windustry:
- Consistent 0% officer compensation, indicating high efficiency and dedication.
- Recent positive financial growth, with 2023 revenue at $180,484 and assets at $100,453.
- Healthy asset-to-liability ratio, with assets of $100,453 against liabilities of $63,175 in 2023.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and consistent operation.
Frequently Asked Questions about Windustry
Is Windustry a legitimate charity?
Based on AI analysis of IRS 990 filings, Windustry (EIN: 10746862) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Windustry spend its money?
Windustry directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Windustry tax-deductible?
Windustry is registered as a tax-exempt nonprofit (EIN: 10746862). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Windustry's spending goes to programs?
Windustry directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Windustry compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Windustry is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Windustry located?
Windustry is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 10746862. It is classified under NTEE code B99.
How many years of IRS 990 filings does Windustry have?
Windustry 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 $176K in total revenue.
Is Windustry a good charity?
Based on its financial data, Windustry appears to be a good charity. It consistently reports 0% officer compensation, indicating high efficiency and a strong commitment to its mission. The organization has also shown recent financial growth, with revenue increasing to $180,484 in 2023 and assets reaching $100,453.
How has Windustry's financial health changed over time?
Windustry's financial health has shown significant fluctuations but a recent positive trend. Revenue dropped to a low of $21,261 in 2020 but rebounded strongly to $180,484 in 2023. Assets have also grown, reaching $100,453 in 2023 from a low of $27,992 in 2021, indicating improved financial stability.
What is Windustry's approach to executive compensation?
Windustry's approach to executive compensation is highly conservative, reporting 0% officer compensation in all available filings. This suggests a volunteer-driven leadership or a structure where executive roles are not compensated, maximizing funds for programmatic activities.
Filing History
IRS 990 filing history for Windustry showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Windustry's revenue has declined by 73.2%, moving from $672K to $180K. Total assets decreased by 47.8% over the same period, from $193K to $100K. Total functional expenses fell by 81.7%, from $831K to $152K. In its most recent filing year (2023), Windustry reported a surplus of $29K, with revenue exceeding expenses. The organization holds $63K in liabilities against $100K in assets (debt-to-asset ratio: 62.9%), resulting in net assets of $37K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $180K | $152K | $100K | $63K | — | — |
| 2022 | $148K | $154K | $69K | $60K | — | View 990 |
| 2021 | $71K | $74K | $28K | $14K | — | View 990 |
| 2020 | $21K | $20K | $37K | $21K | — | — |
| 2019 | $27K | $42K | $27K | $12K | — | View 990 |
| 2018 | $61K | $57K | $41K | $12K | — | View 990 |
| 2017 | $99K | $123K | $35K | $9K | — | View 990 |
| 2016 | $173K | $160K | $61K | $11K | — | View 990 |
| 2015 | $200K | $184K | $70K | $33K | — | View 990 |
| 2014 | $195K | $200K | $55K | $34K | — | View 990 |
| 2013 | $251K | $281K | $54K | $28K | — | View 990 |
| 2012 | $491K | $381K | $173K | $28K | — | View 990 |
| 2011 | $672K | $831K | $193K | $157K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $180K, expenses of $152K, and assets of $100K (revenue +21.8% year-over-year).
- 2022: Revenue of $148K, expenses of $154K, and assets of $69K (revenue +108.1% year-over-year).
- 2021: Revenue of $71K, expenses of $74K, and assets of $28K (revenue +235.0% year-over-year).
- 2020: Revenue of $21K, expenses of $20K, and assets of $37K (revenue -22.5% year-over-year).
- 2019: Revenue of $27K, expenses of $42K, and assets of $27K (revenue -54.8% year-over-year).
- 2018: Revenue of $61K, expenses of $57K, and assets of $41K (revenue -38.5% year-over-year).
- 2017: Revenue of $99K, expenses of $123K, and assets of $35K (revenue -43.0% year-over-year).
- 2016: Revenue of $173K, expenses of $160K, and assets of $61K (revenue -13.2% year-over-year).
- 2015: Revenue of $200K, expenses of $184K, and assets of $70K (revenue +2.5% year-over-year).
- 2014: Revenue of $195K, expenses of $200K, and assets of $55K (revenue -22.3% year-over-year).
- 2013: Revenue of $251K, expenses of $281K, and assets of $54K (revenue -48.9% year-over-year).
- 2012: Revenue of $491K, expenses of $381K, and assets of $173K (revenue -27.0% year-over-year).
- 2011: Revenue of $672K, expenses of $831K, and assets of $193K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Windustry:
Data Sources and Methodology
This transparency report for Windustry 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.