Woodmen Of The World Omaha Woodmen Life Insurance Society
EIN: 470729309 · Omaha, NE
| Metric | Value |
|---|---|
| Total Revenue | $27K |
| Total Expenses | $48K |
| Net Assets | $173K |
Is Woodmen Of The World Omaha Woodmen Life Insurance Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Woodmen Of The World Omaha Woodmen Life Insurance Society
Woodmen Of The World Omaha Woodmen Life Insurance Society (EIN: 470729309) is a nonprofit organization based in Omaha, NE. The organization reported total revenue of $27K and total assets of $173K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woodmen Of The World Omaha Woodmen Life Insurance Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Woodmen Of The World Omaha Woodmen Life Insurance Society is a micro nonprofit that has been operating for 36 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -5.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $48K |
| Surplus / Deficit | $-20,258 |
| Total Assets | $173K |
| Net Assets | $173K |
| Operating Margin | -74.0% |
| Months of Reserves | 43.7 months |
Financial Health Grade: B
In 2022, Woodmen Of The World Omaha Woodmen Life Insurance Society reported a deficit of $20K with expenses exceeding revenue, holds 43.7 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Woodmen Of The World Omaha Woodmen Life Insurance Society's revenue has declined at a compound annual growth rate (CAGR) of -5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -18.5% | +175.2% | -10.5% |
| 2021 | -45.6% | -62.5% | +9.2% |
| 2020 | -63.5% | -72.2% | +9.7% |
| 2019 | +240.6% | +84.5% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Woodmen Of The World Omaha Woodmen Life Insurance Society 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 Woodmen Of The World Omaha Woodmen Life Insurance Society 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
Frequently Asked Questions about Woodmen Of The World Omaha Woodmen Life Insurance Society
Is Woodmen Of The World Omaha Woodmen Life Insurance Society a legitimate charity?
Woodmen Of The World Omaha Woodmen Life Insurance Society (EIN: 470729309) is a registered tax-exempt nonprofit based in Nebraska. It has 12 years of IRS 990 filings on record. Total revenue: $27K. No red flags identified. Financial health grade: B.
How does Woodmen Of The World Omaha Woodmen Life Insurance Society spend its money?
Woodmen Of The World Omaha Woodmen Life Insurance Society reported $27K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Woodmen Of The World Omaha Woodmen Life Insurance Society tax-deductible?
Woodmen Of The World Omaha Woodmen Life Insurance Society is registered as a tax-exempt nonprofit (EIN: 470729309). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Woodmen Of The World Omaha Woodmen Life Insurance Society located?
Woodmen Of The World Omaha Woodmen Life Insurance Society is headquartered in Omaha, Nebraska and files with the IRS under EIN 470729309.
How many years of IRS 990 filings does Woodmen Of The World Omaha Woodmen Life Insurance Society have?
Woodmen Of The World Omaha Woodmen Life Insurance Society has 12 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 $27K in total revenue.
Filing History
IRS 990 filing history for Woodmen Of The World Omaha Woodmen Life Insurance Society showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Woodmen Of The World Omaha Woodmen Life Insurance Society's revenue has declined by 48.4%, moving from $53K to $27K. Total assets decreased by 43.3% over the same period, from $306K to $173K. Total functional expenses rose by 14.4%, from $42K to $48K. In its most recent filing year (2022), Woodmen Of The World Omaha Woodmen Life Insurance Society reported a deficit of $20K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $27K | $48K | $173K | $0 | — | View 990 |
| 2021 | $34K | $17K | $194K | $0 | — | View 990 |
| 2020 | $62K | $46K | $177K | $0 | — | — |
| 2019 | $169K | $166K | $162K | $0 | — | — |
| 2018 | $50K | $90K | $158K | $0 | — | View 990 |
| 2017 | $-104,020 | $36K | $199K | $0 | — | View 990 |
| 2016 | $58K | $63K | $339K | $0 | — | View 990 |
| 2015 | $56K | $51K | $343K | $0 | — | View 990 |
| 2014 | $53K | $45K | $338K | $0 | — | View 990 |
| 2013 | $60K | $41K | $334K | $4K | — | View 990 |
| 2012 | $69K | $42K | $323K | $13K | — | View 990 |
| 2011 | $53K | $42K | $306K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $27K, expenses of $48K, and assets of $173K (revenue -18.5% year-over-year).
- 2021: Revenue of $34K, expenses of $17K, and assets of $194K (revenue -45.6% year-over-year).
- 2020: Revenue of $62K, expenses of $46K, and assets of $177K (revenue -63.5% year-over-year).
- 2019: Revenue of $169K, expenses of $166K, and assets of $162K (revenue +240.6% year-over-year).
- 2018: Revenue of $50K, expenses of $90K, and assets of $158K.
- 2017: Revenue of $-104,020, expenses of $36K, and assets of $199K (revenue -279.2% year-over-year).
- 2016: Revenue of $58K, expenses of $63K, and assets of $339K (revenue +3.5% year-over-year).
- 2015: Revenue of $56K, expenses of $51K, and assets of $343K (revenue +5.4% year-over-year).
- 2014: Revenue of $53K, expenses of $45K, and assets of $338K (revenue -11.8% year-over-year).
- 2013: Revenue of $60K, expenses of $41K, and assets of $334K (revenue -12.0% year-over-year).
- 2012: Revenue of $69K, expenses of $42K, and assets of $323K (revenue +29.3% year-over-year).
- 2011: Revenue of $53K, expenses of $42K, and assets of $306K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Woodmen Of The World Omaha Woodmen Life Insurance Society:
Data Sources and Methodology
This transparency report for Woodmen Of The World Omaha Woodmen Life Insurance Society 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.