Wood Pawcatuck Watershed Assoc
Wood Pawcatuck Watershed Assoc: Strong Program Focus, but Transparency Lacking on Specifics
EIN: 222504648 · Hope Valley, RI · NTEE: C320 · Updated: 2026-04-04
About Wood Pawcatuck Watershed Assoc
Wood Pawcatuck Watershed Assoc (EIN: 222504648) is a nonprofit organization based in Hope Valley, RI, classified under NTEE code C320. The organization reported total revenue of $564K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wood Pawcatuck Watershed Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Wood Pawcatuck Watershed Assoc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 6%
- programs: 89%
- fundraising: 5%
According to IRS 990 filings, Wood Pawcatuck Watershed Assoc allocates its expenses as follows: admin: 6%, programs: 89%, fundraising: 5%. With 89% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports $0 for executive compensation across all available filings, which is highly unusual for an organization of its size and could indicate a reliance on volunteer leadership or a lack of transparency regarding indirect compensation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Wood Pawcatuck Watershed Assoc's IRS 990 filings:
- Consistent reporting of $0 for all compensation categories on 990-EZ forms raises questions about how leadership and key operational roles are compensated or sustained, especially with annual expenses exceeding $300,000.
- The 990-EZ format, while permissible for this organization's revenue, limits the detail available for a comprehensive financial and operational assessment compared to a full 990.
Strengths
The following positive indicators were identified for Wood Pawcatuck Watershed Assoc:
- The organization demonstrates a strong commitment to its mission, with program expenses consistently representing a high percentage of total expenses (e.g., 89% in 2023, 90% in 2022).
- The organization maintains a healthy asset base, consistently over $1.2 million, providing financial stability.
- Low administrative and fundraising costs suggest efficient operations and a focus on direct program delivery.
Frequently Asked Questions about Wood Pawcatuck Watershed Assoc
What does Wood Pawcatuck Watershed Assoc do?
Wood Pawcatuck Watershed Assoc is a nonprofit organization in the Environment sector, located in Hope Valley, Rhode Island. It is classified under NTEE code C320.
How much revenue does Wood Pawcatuck Watershed Assoc have?
Wood Pawcatuck Watershed Assoc reported total revenue of $564,356. Based on 14 IRS 990 filings on record.
What are Wood Pawcatuck Watershed Assoc's total assets?
Wood Pawcatuck Watershed Assoc holds total assets of $1,230,687 as reported in IRS 990 filings.
Where is Wood Pawcatuck Watershed Assoc located?
Wood Pawcatuck Watershed Assoc is based in Hope Valley, Rhode Island.
What is Wood Pawcatuck Watershed Assoc's EIN?
Wood Pawcatuck Watershed Assoc's Employer Identification Number (EIN) is 222504648. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Wood Pawcatuck Watershed Assoc?
Wood Pawcatuck Watershed Assoc is classified under NTEE code C320 (Environment).
Is Wood Pawcatuck Watershed Assoc a registered 501(c)(3)?
Yes, Wood Pawcatuck Watershed Assoc is recognized as a tax-exempt organization by the IRS. EIN: 222504648.
Does Wood Pawcatuck Watershed Assoc file IRS Form 990?
Yes, Wood Pawcatuck Watershed Assoc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Wood Pawcatuck Watershed Assoc's revenue in 2023?
In the 202312 filing period, Wood Pawcatuck Watershed Assoc reported total revenue of $355,881, total expenses of $399,805, and net assets of $1,256,529.
Is Wood Pawcatuck Watershed Assoc's revenue growing or declining?
Wood Pawcatuck Watershed Assoc's revenue is growing. Revenue went from $328,219 (202212) to $355,881 (202312), a +8.4% change. Based on 14 filings on record.
What is Wood Pawcatuck Watershed Assoc's most recent 990 filing?
The most recent IRS Form 990 filing for Wood Pawcatuck Watershed Assoc covers tax period 202312. It shows revenue of $355,881, expenses of $399,805, total assets of $1,256,529, and liabilities of $32,072.
How much does Wood Pawcatuck Watershed Assoc spend on programs vs administration?
Based on IRS 990 analysis, Wood Pawcatuck Watershed Assoc allocates approximately 89% of expenses to program services, 6% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Wood Pawcatuck Watershed Assoc a trustworthy charity?
Based on AI analysis of IRS 990 data, Wood Pawcatuck Watershed Assoc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Wood Pawcatuck Watershed Assoc?
The following concerns were identified: Consistent reporting of $0 for all compensation categories on 990-EZ forms raises questions about how leadership and key operational roles are compensated or sustained, especially with annual expenses exceeding $300,000.. The 990-EZ format, while permissible for this organization's revenue, limits the detail available for a comprehensive financial and operational assessment compared to a full 990.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Wood Pawcatuck Watershed Assoc's strengths?
Positive indicators for Wood Pawcatuck Watershed Assoc include: The organization demonstrates a strong commitment to its mission, with program expenses consistently representing a high percentage of total expenses (e.g., 89% in 2023, 90% in 2022).. The organization maintains a healthy asset base, consistently over $1.2 million, providing financial stability.. Low administrative and fundraising costs suggest efficient operations and a focus on direct program delivery.. These findings are derived from AI analysis of the organization's financial filings.
How does Wood Pawcatuck Watershed Assoc compensate executives?
The organization consistently reports $0 for executive compensation across all available filings, which is highly unusual for an organization of its size and could indicate a reliance on volunteer leadership or a lack of transparency regarding indirect compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for all compensation on 990-EZ forms, how does the organization sustain its leadership and operational capacity, particularly with annual expenses exceeding $300,000?
The consistent reporting of $0 for compensation suggests a heavy reliance on volunteer leadership, pro-bono services, or potentially that compensation is structured in a way that is not reported in the standard compensation sections of the 990-EZ, such as through stipends or expense reimbursements not classified as compensation. Further inquiry into their operational model would be necessary to understand this.
What specific activities or programs are encompassed within the 'program services' category, which consistently accounts for a significant majority of the organization's expenses?
While the filings show a high percentage of program expenses (e.g., $355,881 out of $399,805 total expenses in 2023), the 990-EZ does not provide a detailed breakdown of these programs. To understand the specific activities, one would need to consult the organization's website, annual reports, or other public disclosures.
Filing History
IRS 990 filing history for Wood Pawcatuck Watershed Assoc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Wood Pawcatuck Watershed Assoc's revenue has declined by 72.7%, moving from $1.3M to $356K. Total assets increased by 10.8% over the same period, from $1.1M to $1.3M. Total functional expenses fell by 68%, from $1.2M to $400K. In its most recent filing year (2023), Wood Pawcatuck Watershed Assoc reported a deficit of $44K, with expenses exceeding revenue. The organization holds $32K in liabilities against $1.3M in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $356K | $400K | $1.3M | $32K | — | View 990 |
| 2022 | $328K | $329K | $1.3M | $4K | — | View 990 |
| 2021 | $290K | $240K | $1.4M | $2K | — | View 990 |
| 2020 | $192K | $199K | $1.3M | $5K | — | View 990 |
| 2019 | $207K | $219K | $1.3M | $2K | — | View 990 |
| 2018 | $181K | $232K | $1.2M | $2K | — | View 990 |
| 2017 | $267K | $259K | $1.3M | $2K | — | View 990 |
| 2016 | $442K | $630K | $1.3M | $17K | — | View 990 |
| 2015 | $569K | $550K | $1.4M | $900 | — | View 990 |
| 2014 | $714K | $480K | $1.4M | $1K | — | View 990 |
| 2013 | $1.1M | $1.1M | $1.1M | $621 | — | View 990 |
| 2012 | $546K | $677K | $1.1M | $65K | — | View 990 |
| 2011 | $1.6M | $1.5M | $1.4M | $209K | — | View 990 |
| 2010 | $1.3M | $1.2M | $1.1M | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $356K, expenses of $400K, and assets of $1.3M (revenue +8.4% year-over-year).
- 2022: Revenue of $328K, expenses of $329K, and assets of $1.3M (revenue +13.1% year-over-year).
- 2021: Revenue of $290K, expenses of $240K, and assets of $1.4M (revenue +51.5% year-over-year).
- 2020: Revenue of $192K, expenses of $199K, and assets of $1.3M (revenue -7.3% year-over-year).
- 2019: Revenue of $207K, expenses of $219K, and assets of $1.3M (revenue +13.9% year-over-year).
- 2018: Revenue of $181K, expenses of $232K, and assets of $1.2M (revenue -32.1% year-over-year).
- 2017: Revenue of $267K, expenses of $259K, and assets of $1.3M (revenue -39.5% year-over-year).
- 2016: Revenue of $442K, expenses of $630K, and assets of $1.3M (revenue -22.3% year-over-year).
- 2015: Revenue of $569K, expenses of $550K, and assets of $1.4M (revenue -20.3% year-over-year).
- 2014: Revenue of $714K, expenses of $480K, and assets of $1.4M (revenue -34.0% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $1.1M (revenue +97.8% year-over-year).
- 2012: Revenue of $546K, expenses of $677K, and assets of $1.1M (revenue -65.4% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.5M, and assets of $1.4M (revenue +20.9% year-over-year).
- 2010: Revenue of $1.3M, expenses of $1.2M, and assets of $1.1M.
Data Sources and Methodology
This transparency report for Wood Pawcatuck Watershed Assoc 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.