Wishes On Wheels Inc
EIN: 262492597 · East Hartford, CT · NTEE: T31
| Metric | Value |
|---|---|
| Total Revenue | $176K |
| Total Expenses | $119K |
| Net Assets | $22K |
Is Wishes On Wheels Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wishes On Wheels Inc
Wishes On Wheels Inc (EIN: 262492597) is a nonprofit organization based in East Hartford, CT, classified under NTEE code T31. The organization reported total revenue of $176K and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wishes On Wheels Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wishes On Wheels Inc is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $137K |
| Total Expenses | $119K |
| Surplus / Deficit | +$18K |
| Total Assets | $22K |
| Net Assets | $22K |
| Operating Margin | 13.2% |
| Months of Reserves | 2.2 months |
Financial Health Grade: A
In 2023, Wishes On Wheels Inc reported a surplus of $18K with revenue exceeding expenses, holds 2.2 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Wishes On Wheels Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.6% | -7.7% | +433.1% |
| 2022 | +7.2% | +34.6% | -76.9% |
| 2021 | +268.2% | +171.3% | +33.3% |
| 2020 | -80.4% | -70.6% | -37.2% |
| 2019 | +8.3% | -17.5% | +667.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wishes On Wheels 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 Wishes On Wheels 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 $18K, with revenue exceeding expenses.
Frequently Asked Questions about Wishes On Wheels Inc
Is Wishes On Wheels Inc a legitimate charity?
Wishes On Wheels Inc (EIN: 262492597) is a registered tax-exempt nonprofit based in Connecticut. It has 13 years of IRS 990 filings on record. Total revenue: $176K. No red flags identified. Financial health grade: A.
How does Wishes On Wheels Inc spend its money?
Wishes On Wheels Inc reported $176K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wishes On Wheels Inc tax-deductible?
Wishes On Wheels Inc is registered as a tax-exempt nonprofit (EIN: 262492597). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wishes On Wheels Inc located?
Wishes On Wheels Inc is headquartered in East Hartford, Connecticut and files with the IRS under EIN 262492597. It is classified under NTEE code T31.
How many years of IRS 990 filings does Wishes On Wheels Inc have?
Wishes On Wheels Inc 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.
Filing History
IRS 990 filing history for Wishes On Wheels Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wishes On Wheels Inc's revenue has grown by 109.1%, moving from $66K to $137K. Total assets increased by 188.6% over the same period, from $8K to $22K. Total functional expenses rose by 83.2%, from $65K to $119K. In its most recent filing year (2023), Wishes On Wheels Inc reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $137K | $119K | $22K | $0 | — | View 990 |
| 2022 | $108K | $129K | $4K | $0 | — | View 990 |
| 2021 | $100K | $96K | $18K | $0 | — | View 990 |
| 2020 | $27K | $35K | $14K | $0 | — | — |
| 2019 | $139K | $120K | $22K | $0 | — | View 990 |
| 2018 | $128K | $146K | $3K | $0 | — | View 990 |
| 2017 | $145K | $127K | $20K | $0 | — | View 990 |
| 2016 | $135K | $136K | $3K | $0 | — | View 990 |
| 2015 | $99K | $112K | $4K | $0 | — | View 990 |
| 2014 | $97K | $95K | $17K | $0 | — | View 990 |
| 2013 | $103K | $97K | $16K | $0 | — | View 990 |
| 2012 | $78K | $76K | $10K | $0 | — | View 990 |
| 2011 | $66K | $65K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $137K, expenses of $119K, and assets of $22K (revenue +27.6% year-over-year).
- 2022: Revenue of $108K, expenses of $129K, and assets of $4K (revenue +7.2% year-over-year).
- 2021: Revenue of $100K, expenses of $96K, and assets of $18K (revenue +268.2% year-over-year).
- 2020: Revenue of $27K, expenses of $35K, and assets of $14K (revenue -80.4% year-over-year).
- 2019: Revenue of $139K, expenses of $120K, and assets of $22K (revenue +8.3% year-over-year).
- 2018: Revenue of $128K, expenses of $146K, and assets of $3K (revenue -11.3% year-over-year).
- 2017: Revenue of $145K, expenses of $127K, and assets of $20K (revenue +7.5% year-over-year).
- 2016: Revenue of $135K, expenses of $136K, and assets of $3K (revenue +36.2% year-over-year).
- 2015: Revenue of $99K, expenses of $112K, and assets of $4K (revenue +2.4% year-over-year).
- 2014: Revenue of $97K, expenses of $95K, and assets of $17K (revenue -6.2% year-over-year).
- 2013: Revenue of $103K, expenses of $97K, and assets of $16K (revenue +31.3% year-over-year).
- 2012: Revenue of $78K, expenses of $76K, and assets of $10K (revenue +19.4% year-over-year).
- 2011: Revenue of $66K, expenses of $65K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wishes On Wheels Inc:
Data Sources and Methodology
This transparency report for Wishes On Wheels 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.