Wolcott Youth Athletic Association Inc
EIN: 61492708 · Wolcott, CT · NTEE: N64Z
Is Wolcott Youth Athletic Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wolcott Youth Athletic Association Inc
Wolcott Youth Athletic Association Inc (EIN: 61492708) is a nonprofit organization based in Wolcott, CT, classified under NTEE code N64Z. The organization reported total revenue of $32K and total assets of $60K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wolcott Youth Athletic Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wolcott Youth Athletic Association Inc is a micro nonprofit that has been operating for 28 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -4.9%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $32K |
| Total Expenses | $30K |
| Surplus / Deficit | +$2K |
| Total Assets | $60K |
| Net Assets | $60K |
| Operating Margin | 6.5% |
| Months of Reserves | 23.8 months |
Financial Health Grade: A
In 2021, Wolcott Youth Athletic Association Inc reported a surplus of $2K with revenue exceeding expenses, holds 23.8 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2021), Wolcott Youth Athletic Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +46.4% | -40.6% | +3.6% |
| 2020 | -63.2% | +38.6% | -33.2% |
| 2019 | +10.1% | -29.7% | +36.6% |
| 2018 | +1.6% | -9.9% | +3.5% |
| 2017 | -29.5% | -22.7% | -6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wolcott Youth Athletic Association 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 Wolcott Youth Athletic Association 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about Wolcott Youth Athletic Association Inc
Is Wolcott Youth Athletic Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wolcott Youth Athletic Association Inc (EIN: 61492708) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wolcott Youth Athletic Association Inc spend its money?
Detailed spending breakdown data is not yet available for Wolcott Youth Athletic Association Inc. Check back for updated IRS 990 analysis.
Are donations to Wolcott Youth Athletic Association Inc tax-deductible?
Wolcott Youth Athletic Association Inc is registered as a tax-exempt nonprofit (EIN: 61492708). 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 Wolcott Youth Athletic Association Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Wolcott Youth Athletic Association Inc's revenue has declined by 39.4%, moving from $53K to $32K. Total assets decreased by 39.7% over the same period, from $99K to $60K. Total functional expenses fell by 46.2%, from $56K to $30K. In its most recent filing year (2021), Wolcott Youth Athletic Association Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $32K | $30K | $60K | $0 | — | — |
| 2020 | $22K | $51K | $58K | $0 | — | View 990 |
| 2019 | $60K | $37K | $86K | $0 | — | View 990 |
| 2018 | $54K | $52K | $63K | $0 | — | View 990 |
| 2017 | $53K | $58K | $61K | $0 | — | View 990 |
| 2016 | $76K | $75K | $65K | $0 | — | View 990 |
| 2015 | $66K | $72K | $64K | $0 | — | View 990 |
| 2014 | $65K | $70K | $70K | $0 | — | View 990 |
| 2013 | $53K | $55K | $76K | $0 | — | View 990 |
| 2012 | $47K | $68K | $78K | $0 | — | View 990 |
| 2011 | $53K | $56K | $99K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $32K, expenses of $30K, and assets of $60K (revenue +46.4% year-over-year).
- 2020: Revenue of $22K, expenses of $51K, and assets of $58K (revenue -63.2% year-over-year).
- 2019: Revenue of $60K, expenses of $37K, and assets of $86K (revenue +10.1% year-over-year).
- 2018: Revenue of $54K, expenses of $52K, and assets of $63K (revenue +1.6% year-over-year).
- 2017: Revenue of $53K, expenses of $58K, and assets of $61K (revenue -29.5% year-over-year).
- 2016: Revenue of $76K, expenses of $75K, and assets of $65K (revenue +14.4% year-over-year).
- 2015: Revenue of $66K, expenses of $72K, and assets of $64K (revenue +2.3% year-over-year).
- 2014: Revenue of $65K, expenses of $70K, and assets of $70K (revenue +21.5% year-over-year).
- 2013: Revenue of $53K, expenses of $55K, and assets of $76K (revenue +13.0% year-over-year).
- 2012: Revenue of $47K, expenses of $68K, and assets of $78K (revenue -11.3% year-over-year).
- 2011: Revenue of $53K, expenses of $56K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wolcott Youth Athletic Association Inc:
Data Sources and Methodology
This transparency report for Wolcott Youth Athletic 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.