Wire Hollow Education Innovation
EIN: 813587723 · Lubbock, TX · NTEE: B92
Is Wire Hollow Education Innovation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wire Hollow Education Innovation
Wire Hollow Education Innovation (EIN: 813587723) is a nonprofit organization based in Lubbock, TX, classified under NTEE code B92. The organization reported total revenue of $4.7M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wire Hollow Education Innovation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Wire Hollow Education Innovation 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 Wire Hollow Education Innovation 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.
Frequently Asked Questions about Wire Hollow Education Innovation
Is Wire Hollow Education Innovation a legitimate charity?
Based on AI analysis of IRS 990 filings, Wire Hollow Education Innovation (EIN: 813587723) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wire Hollow Education Innovation spend its money?
Detailed spending breakdown data is not yet available for Wire Hollow Education Innovation. Check back for updated IRS 990 analysis.
Are donations to Wire Hollow Education Innovation tax-deductible?
Wire Hollow Education Innovation is registered as a tax-exempt nonprofit (EIN: 813587723). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Wire Hollow Education Innovation showing financial trends over 8 years of public records:
Total assets increased by 460163100% over the same period, from $1 to $4.6M. In its most recent filing year (2023), Wire Hollow Education Innovation reported a surplus of $354K, with revenue exceeding expenses. The organization holds $4.1M in liabilities against $4.6M in assets (debt-to-asset ratio: 88.4%), resulting in net assets of $532K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $3.7M | $4.6M | $4.1M | — | — |
| 2022 | $3.3M | $3.2M | $2.8M | $2.6M | — | View 990 |
| 2021 | $2.7M | $2.6M | $558K | $466K | — | View 990 |
| 2020 | $1.5M | $1.8M | $338K | $311K | — | — |
| 2019 | $764K | $548K | $417K | $67K | — | — |
| 2018 | $215K | $82K | $133K | $0 | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
| 2016 | $0 | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $3.7M, and assets of $4.6M (revenue +23.4% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.2M, and assets of $2.8M (revenue +21.4% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.6M, and assets of $558K (revenue +80.2% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.8M, and assets of $338K (revenue +96.4% year-over-year).
- 2019: Revenue of $764K, expenses of $548K, and assets of $417K (revenue +255.4% year-over-year).
- 2018: Revenue of $215K, expenses of $82K, and assets of $133K.
- 2017: Revenue of $0, expenses of $0, and assets of $1.
- 2016: Revenue of $0, expenses of $0, and assets of $1.
Data Sources and Methodology
This transparency report for Wire Hollow Education Innovation 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.