Wood County Sports Association Inc
EIN: 550698789 · Parkersburg, WV
| Metric | Value |
|---|---|
| Total Revenue | $66K |
| Total Expenses | $78K |
| Net Assets | $11K |
Is Wood County Sports 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 Wood County Sports Association Inc
Wood County Sports Association Inc (EIN: 550698789) is a nonprofit organization based in Parkersburg, WV. The organization reported total revenue of $66K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wood County Sports Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wood County Sports Association Inc is a micro nonprofit that has been operating for 35 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $79K |
| Total Expenses | $78K |
| Surplus / Deficit | +$871 |
| Total Assets | $11K |
| Net Assets | $11K |
| Operating Margin | 1.1% |
| Months of Reserves | 1.7 months |
Financial Health Grade: A
In 2023, Wood County Sports Association Inc reported a surplus of $871 with revenue exceeding expenses, holds 1.7 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2011–2023), Wood County Sports Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.8% | +21.2% | +8.6% |
| 2022 | -17.0% | +2.6% | -34.8% |
| 2021 | +81.0% | +53.4% | +56.5% |
| 2019 | -30.2% | -28.5% | +973.4% |
| 2017 | +17.9% | +10.3% | -52.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wood County Sports 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 Wood County Sports 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $871, with revenue exceeding expenses.
Frequently Asked Questions about Wood County Sports Association Inc
Is Wood County Sports Association Inc a legitimate charity?
Wood County Sports Association Inc (EIN: 550698789) is a registered tax-exempt nonprofit based in West Virginia. It has 11 years of IRS 990 filings on record. Total revenue: $66K. No red flags identified. Financial health grade: A.
How does Wood County Sports Association Inc spend its money?
Wood County Sports Association Inc reported $66K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wood County Sports Association Inc tax-deductible?
Wood County Sports Association Inc is registered as a tax-exempt nonprofit (EIN: 550698789). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wood County Sports Association Inc located?
Wood County Sports Association Inc is headquartered in Parkersburg, West Virginia and files with the IRS under EIN 550698789.
How many years of IRS 990 filings does Wood County Sports Association Inc have?
Wood County Sports Association Inc has 11 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 $66K in total revenue.
Filing History
IRS 990 filing history for Wood County Sports Association Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Wood County Sports Association Inc's revenue has grown by 45.2%, moving from $54K to $79K. Total assets decreased by 33.5% over the same period, from $17K to $11K. Total functional expenses rose by 48.8%, from $52K to $78K. In its most recent filing year (2023), Wood County Sports Association Inc reported a surplus of $871, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $79K | $78K | $11K | $0 | — | — |
| 2022 | $59K | $64K | $10K | $0 | — | View 990 |
| 2021 | $71K | $63K | $16K | $0 | — | — |
| 2019 | $39K | $41K | $10K | $0 | — | View 990 |
| 2017 | $56K | $57K | $924 | $0 | — | View 990 |
| 2016 | $48K | $52K | $2K | $0 | — | View 990 |
| 2015 | $71K | $74K | $6K | $0 | — | View 990 |
| 2014 | $53K | $50K | $9K | $0 | — | View 990 |
| 2013 | $51K | $45K | $11K | $0 | — | View 990 |
| 2012 | $45K | $46K | $5K | $0 | — | View 990 |
| 2011 | $54K | $52K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $79K, expenses of $78K, and assets of $11K (revenue +33.8% year-over-year).
- 2022: Revenue of $59K, expenses of $64K, and assets of $10K (revenue -17.0% year-over-year).
- 2021: Revenue of $71K, expenses of $63K, and assets of $16K (revenue +81.0% year-over-year).
- 2019: Revenue of $39K, expenses of $41K, and assets of $10K (revenue -30.2% year-over-year).
- 2017: Revenue of $56K, expenses of $57K, and assets of $924 (revenue +17.9% year-over-year).
- 2016: Revenue of $48K, expenses of $52K, and assets of $2K (revenue -33.0% year-over-year).
- 2015: Revenue of $71K, expenses of $74K, and assets of $6K (revenue +34.5% year-over-year).
- 2014: Revenue of $53K, expenses of $50K, and assets of $9K (revenue +2.8% year-over-year).
- 2013: Revenue of $51K, expenses of $45K, and assets of $11K (revenue +14.2% year-over-year).
- 2012: Revenue of $45K, expenses of $46K, and assets of $5K (revenue -17.1% year-over-year).
- 2011: Revenue of $54K, expenses of $52K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wood County Sports Association Inc:
Data Sources and Methodology
This transparency report for Wood County Sports 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.