Winneconnee Thrift & Gift Inc
EIN: 461761576 · Winneconne, WI · NTEE: P29
| Metric | Value |
|---|---|
| Total Revenue | $264K |
| Total Expenses | $254K |
| Net Assets | $178K |
Is Winneconnee Thrift & Gift Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Winneconnee Thrift & Gift Inc
Winneconnee Thrift & Gift Inc (EIN: 461761576) is a nonprofit organization based in Winneconne, WI, classified under NTEE code P29. The organization reported total revenue of $264K and total assets of $173K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winneconnee Thrift & Gift Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Winneconnee Thrift & Gift Inc is a small nonprofit that has been operating for 9 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $258K |
| Total Expenses | $254K |
| Surplus / Deficit | +$4K |
| Total Assets | $181K |
| Total Liabilities | $3K |
| Net Assets | $178K |
| Operating Margin | 1.6% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 8.6 months |
Financial Health Grade: A
In 2023, Winneconnee Thrift & Gift Inc reported a surplus of $4K with revenue exceeding expenses, holds 8.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Winneconnee Thrift & Gift Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | +7.3% | +8.5% |
| 2022 | +9.7% | +11.8% | +21.4% |
| 2021 | +34.8% | +13.5% | +57.4% |
| 2020 | -8.2% | +5.6% | -6.6% |
| 2019 | +15.6% | -0.2% | +21.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Winneconnee Thrift & Gift Inc 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 Winneconnee Thrift & Gift Inc 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 surplus of $4K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Frequently Asked Questions about Winneconnee Thrift & Gift Inc
Is Winneconnee Thrift & Gift Inc a legitimate charity?
Winneconnee Thrift & Gift Inc (EIN: 461761576) is a registered tax-exempt nonprofit based in Wisconsin. It has 8 years of IRS 990 filings on record. Total revenue: $264K. No red flags identified. Financial health grade: A.
How does Winneconnee Thrift & Gift Inc spend its money?
Winneconnee Thrift & Gift Inc reported $264K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Winneconnee Thrift & Gift Inc tax-deductible?
Winneconnee Thrift & Gift Inc is registered as a tax-exempt nonprofit (EIN: 461761576). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Winneconnee Thrift & Gift Inc located?
Winneconnee Thrift & Gift Inc is headquartered in Winneconne, Wisconsin and files with the IRS under EIN 461761576. It is classified under NTEE code P29.
How many years of IRS 990 filings does Winneconnee Thrift & Gift Inc have?
Winneconnee Thrift & Gift Inc has 8 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 $264K in total revenue.
Filing History
IRS 990 filing history for Winneconnee Thrift & Gift Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Winneconnee Thrift & Gift Inc's revenue has grown by 66.7%, moving from $155K to $258K. Total assets increased by 158.5% over the same period, from $70K to $181K. Total functional expenses rose by 82.7%, from $139K to $254K. In its most recent filing year (2023), Winneconnee Thrift & Gift Inc reported a surplus of $4K, with revenue exceeding expenses. The organization holds $3K in liabilities against $181K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $178K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $258K | $254K | $181K | $3K | — | — |
| 2022 | $261K | $237K | $167K | $4K | — | View 990 |
| 2021 | $238K | $212K | $138K | $0 | — | View 990 |
| 2020 | $176K | $187K | $87K | $0 | — | View 990 |
| 2019 | $192K | $177K | $94K | $0 | — | View 990 |
| 2018 | $166K | $177K | $77K | $0 | — | View 990 |
| 2017 | $170K | $155K | $85K | $0 | — | View 990 |
| 2016 | $155K | $139K | $70K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $258K, expenses of $254K, and assets of $181K (revenue -0.9% year-over-year).
- 2022: Revenue of $261K, expenses of $237K, and assets of $167K (revenue +9.7% year-over-year).
- 2021: Revenue of $238K, expenses of $212K, and assets of $138K (revenue +34.8% year-over-year).
- 2020: Revenue of $176K, expenses of $187K, and assets of $87K (revenue -8.2% year-over-year).
- 2019: Revenue of $192K, expenses of $177K, and assets of $94K (revenue +15.6% year-over-year).
- 2018: Revenue of $166K, expenses of $177K, and assets of $77K (revenue -2.1% year-over-year).
- 2017: Revenue of $170K, expenses of $155K, and assets of $85K (revenue +9.5% year-over-year).
- 2016: Revenue of $155K, expenses of $139K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Winneconnee Thrift & Gift Inc:
Data Sources and Methodology
This transparency report for Winneconnee Thrift & Gift 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.