Woodridge Nonprofit Corporation
Woodridge Nonprofit Corporation maintains stable finances with consistent revenue and no reported officer compensation.
EIN: 208397855 · Southfield, MI · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $957K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $200K |
| Transparency Score | 85/100 |
Is Woodridge Nonprofit Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Woodridge Nonprofit Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Woodridge Nonprofit Corporation
Woodridge Nonprofit Corporation (EIN: 208397855) is a nonprofit organization based in Southfield, MI, classified under NTEE code L20. The organization reported total revenue of $1.3M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woodridge Nonprofit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Woodridge Nonprofit Corporation is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $911K |
| Total Expenses | $957K |
| Surplus / Deficit | $-46,585 |
| Total Assets | $2.8M |
| Total Liabilities | $2.6M |
| Net Assets | $200K |
| Operating Margin | -5.1% |
| Debt-to-Asset Ratio | 93.0% |
| Months of Reserves | 35.6 months |
Financial Health Grade: C
In 2023, Woodridge Nonprofit Corporation reported a deficit of $47K with expenses exceeding revenue, holds 35.6 months of operating reserves (strong position), has a debt-to-asset ratio of 93.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Woodridge Nonprofit Corporation's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.1% | -4.2% | -4.0% |
| 2022 | +11.6% | +6.6% | +8.5% |
| 2021 | -4.7% | +2.3% | +1.6% |
| 2020 | -0.6% | -0.1% | +1.9% |
| 2019 | +2.3% | -8.5% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Woodridge Nonprofit Corporation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Woodridge Nonprofit Corporation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $47K, with expenses exceeding revenue.
- Debt-to-asset ratio: 93.0%.
Executive Compensation Analysis
Woodridge Nonprofit Corporation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size with over $1 million in annual revenue.
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 Woodridge Nonprofit Corporation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Consistent 0% officer compensation is unusual for an organization of this size and warrants further investigation into operational structure.
Strengths
The following positive indicators were identified for Woodridge Nonprofit Corporation:
- Consistent revenue generation over a decade, demonstrating financial stability.
- Positive net asset growth, with assets increasing from $2.38M in 2015 to $3.09M currently.
- No reported officer compensation, suggesting a high proportion of funds may be directed to mission.
- Revenues generally exceed expenses, indicating sound financial management.
Frequently Asked Questions about Woodridge Nonprofit Corporation
Is Woodridge Nonprofit Corporation a legitimate charity?
Woodridge Nonprofit Corporation (EIN: 208397855) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Woodridge Nonprofit Corporation spend its money?
Woodridge Nonprofit Corporation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Woodridge Nonprofit Corporation tax-deductible?
Woodridge Nonprofit Corporation is registered as a tax-exempt nonprofit (EIN: 208397855). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Woodridge Nonprofit Corporation CEO make?
Woodridge Nonprofit Corporation's highest-compensated officer earns $1 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Woodridge Nonprofit Corporation's spending goes to programs?
Woodridge Nonprofit Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Woodridge Nonprofit Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Woodridge Nonprofit Corporation is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Woodridge Nonprofit Corporation located?
Woodridge Nonprofit Corporation is headquartered in Southfield, Michigan and files with the IRS under EIN 208397855. It is classified under NTEE code L20.
How many years of IRS 990 filings does Woodridge Nonprofit Corporation have?
Woodridge Nonprofit Corporation 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 $1.3M in total revenue.
How does Woodridge Nonprofit Corporation manage to operate without paying officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation is structured in a way that is not reported as 'officer compensation' on the 990 form, such as through a management company. This is a significant point of inquiry for understanding their operational model.
What is the primary source of Woodridge Nonprofit Corporation's revenue?
While the filings show consistent revenue between $900,000 and $1,333,805, the specific sources (e.g., grants, donations, program service fees) are not detailed in the provided data. Understanding these sources would provide insight into funding stability and donor reliance.
What are the specific programs Woodridge Nonprofit Corporation funds with its revenue?
The NTEE code L20 indicates 'Housing, Shelter,' suggesting their programs are related to this area. However, without a detailed program expense breakdown, the specific initiatives and their impact cannot be fully assessed from the provided data.
Filing History
IRS 990 filing history for Woodridge Nonprofit Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Woodridge Nonprofit Corporation's revenue has grown by 2.1%, moving from $892K to $911K. Total assets increased by 28.4% over the same period, from $2.2M to $2.8M. Total functional expenses rose by 8%, from $886K to $957K. In its most recent filing year (2023), Woodridge Nonprofit Corporation reported a deficit of $47K, with expenses exceeding revenue. The organization holds $2.6M in liabilities against $2.8M in assets (debt-to-asset ratio: 93.0%), resulting in net assets of $200K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $911K | $957K | $2.8M | $2.6M | — | — |
| 2022 | $1.1M | $999K | $3.0M | $2.7M | — | View 990 |
| 2021 | $961K | $938K | $2.7M | $2.6M | — | View 990 |
| 2020 | $1.0M | $916K | $2.7M | $2.5M | — | View 990 |
| 2019 | $1.0M | $918K | $2.6M | $2.6M | — | View 990 |
| 2018 | $992K | $1.0M | $2.6M | $2.6M | — | View 990 |
| 2017 | $900K | $816K | $2.7M | $2.7M | — | View 990 |
| 2016 | $917K | $798K | $2.6M | $2.7M | — | View 990 |
| 2015 | $899K | $819K | $2.4M | $2.6M | — | View 990 |
| 2014 | $903K | $810K | $2.4M | $2.6M | — | View 990 |
| 2013 | $888K | $848K | $2.3M | $2.5M | — | View 990 |
| 2012 | $989K | $919K | $2.2M | $2.5M | — | View 990 |
| 2011 | $892K | $886K | $2.2M | $2.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $911K, expenses of $957K, and assets of $2.8M (revenue -15.1% year-over-year).
- 2022: Revenue of $1.1M, expenses of $999K, and assets of $3.0M (revenue +11.6% year-over-year).
- 2021: Revenue of $961K, expenses of $938K, and assets of $2.7M (revenue -4.7% year-over-year).
- 2020: Revenue of $1.0M, expenses of $916K, and assets of $2.7M (revenue -0.6% year-over-year).
- 2019: Revenue of $1.0M, expenses of $918K, and assets of $2.6M (revenue +2.3% year-over-year).
- 2018: Revenue of $992K, expenses of $1.0M, and assets of $2.6M (revenue +10.2% year-over-year).
- 2017: Revenue of $900K, expenses of $816K, and assets of $2.7M (revenue -1.9% year-over-year).
- 2016: Revenue of $917K, expenses of $798K, and assets of $2.6M (revenue +2.1% year-over-year).
- 2015: Revenue of $899K, expenses of $819K, and assets of $2.4M (revenue -0.5% year-over-year).
- 2014: Revenue of $903K, expenses of $810K, and assets of $2.4M (revenue +1.7% year-over-year).
- 2013: Revenue of $888K, expenses of $848K, and assets of $2.3M (revenue -10.2% year-over-year).
- 2012: Revenue of $989K, expenses of $919K, and assets of $2.2M (revenue +10.9% year-over-year).
- 2011: Revenue of $892K, expenses of $886K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Woodridge Nonprofit Corporation:
Data Sources and Methodology
This transparency report for Woodridge Nonprofit Corporation 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.