Woodring Wall Of Honor And Veterans Park Inc
Woodring Wall Of Honor And Veterans Park Inc maintains strong assets and zero liabilities despite recent operating deficits and fluctuating revenue.
EIN: 201154941 · Enid, OK · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $67K |
| Total Expenses | $111K |
| Program Spending | 90% |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Woodring Wall Of Honor And Veterans Park Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Woodring Wall Of Honor And Veterans Park Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Woodring Wall Of Honor And Veterans Park Inc
Woodring Wall Of Honor And Veterans Park Inc (EIN: 201154941) is a nonprofit organization based in Enid, OK, classified under NTEE code P20. The organization reported total revenue of $67K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woodring Wall Of Honor And Veterans Park Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Woodring Wall Of Honor And Veterans Park Inc is a micro nonprofit that has been operating for 6 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $111K |
| Surplus / Deficit | $-47,789 |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | -75.9% |
| Months of Reserves | 125.9 months |
Financial Health Grade: B
In 2023, Woodring Wall Of Honor And Veterans Park Inc reported a deficit of $48K with expenses exceeding revenue, holds 125.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2010–2023), Woodring Wall Of Honor And Veterans Park Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -90.8% | -3.3% | -3.9% |
| 2022 | +2722.1% | +76.4% | +89.6% |
| 2021 | -36.1% | -2.5% | -6.0% |
| 2020 | +21.7% | +4.5% | -4.0% |
| 2019 | +20.6% | +6.1% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
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 Woodring Wall Of Honor And Veterans Park Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Woodring Wall Of Honor And Veterans Park Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $48K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-driven leadership model, which is highly efficient for a nonprofit of this size.
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 Woodring Wall Of Honor And Veterans Park Inc's IRS 990 filings:
- Operating at a deficit in multiple recent years (e.g., 202312 expenses $110,790 vs. revenue $63,001)
- Significant year-over-year revenue volatility (e.g., $686,324 in 202212 down to $63,001 in 202312)
Strengths
The following positive indicators were identified for Woodring Wall Of Honor And Veterans Park Inc:
- Strong asset base ($1,162,075 in 202312) providing financial security
- Zero liabilities reported across all filings, indicating excellent financial management
- 0% officer compensation, maximizing resources for program services
- High percentage of spending directed towards programs (estimated 90%)
- Consistent dedication to its mission over many years, as shown by 13 filings
Frequently Asked Questions about Woodring Wall Of Honor And Veterans Park Inc
Is Woodring Wall Of Honor And Veterans Park Inc a legitimate charity?
Woodring Wall Of Honor And Veterans Park Inc (EIN: 201154941) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $67K. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does Woodring Wall Of Honor And Veterans Park Inc spend its money?
Woodring Wall Of Honor And Veterans Park Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Woodring Wall Of Honor And Veterans Park Inc tax-deductible?
Woodring Wall Of Honor And Veterans Park Inc is registered as a tax-exempt nonprofit (EIN: 201154941). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Woodring Wall Of Honor And Veterans Park Inc's spending goes to programs?
Woodring Wall Of Honor And Veterans Park Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Woodring Wall Of Honor And Veterans Park Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Woodring Wall Of Honor And Veterans Park Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Woodring Wall Of Honor And Veterans Park Inc located?
Woodring Wall Of Honor And Veterans Park Inc is headquartered in Enid, Oklahoma and files with the IRS under EIN 201154941. It is classified under NTEE code P20.
How many years of IRS 990 filings does Woodring Wall Of Honor And Veterans Park Inc have?
Woodring Wall Of Honor And Veterans Park Inc 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 $67K in total revenue.
Is Woodring Wall Of Honor And Veterans Park Inc financially stable?
Yes, despite operating at a deficit in some recent years (e.g., 202312 with expenses of $110,790 against revenue of $63,001), the organization maintains substantial assets ($1,162,075 in 202312) and zero liabilities, indicating strong long-term financial stability.
How does the organization fund its operations?
The organization's revenue has fluctuated significantly, with a large spike in 202212 ($686,324) suggesting reliance on periodic large contributions or grants, alongside more consistent, lower-level revenue in other years (e.g., $63,001 in 202312).
What is the organization's approach to executive compensation?
Woodring Wall Of Honor And Veterans Park Inc reports 0% officer compensation in all available filings, indicating a volunteer-led executive structure.
Filing History
IRS 990 filing history for Woodring Wall Of Honor And Veterans Park Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Woodring Wall Of Honor And Veterans Park Inc's revenue has grown by 54.9%, moving from $41K to $63K. Total assets increased by 3008.6% over the same period, from $37K to $1.2M. Total functional expenses rose by 85.3%, from $60K to $111K. In its most recent filing year (2023), Woodring Wall Of Honor And Veterans Park Inc reported a deficit of $48K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $63K | $111K | $1.2M | $0 | — | — |
| 2022 | $686K | $115K | $1.2M | $0 | — | View 990 |
| 2021 | $24K | $65K | $638K | $0 | — | View 990 |
| 2020 | $38K | $67K | $679K | $0 | — | — |
| 2019 | $31K | $64K | $707K | $0 | — | View 990 |
| 2018 | $26K | $60K | $740K | $1 | — | View 990 |
| 2017 | $174K | $46K | $774K | $0 | — | View 990 |
| 2016 | $16K | $44K | $646K | $0 | — | View 990 |
| 2015 | $11K | $48K | $674K | $0 | — | View 990 |
| 2013 | $160K | $61K | $715K | $0 | — | View 990 |
| 2012 | $587K | $35K | $617K | $0 | — | View 990 |
| 2011 | $18K | $11K | $37K | $0 | — | View 990 |
| 2010 | $41K | $60K | $37K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $63K, expenses of $111K, and assets of $1.2M (revenue -90.8% year-over-year).
- 2022: Revenue of $686K, expenses of $115K, and assets of $1.2M (revenue +2722.1% year-over-year).
- 2021: Revenue of $24K, expenses of $65K, and assets of $638K (revenue -36.1% year-over-year).
- 2020: Revenue of $38K, expenses of $67K, and assets of $679K (revenue +21.7% year-over-year).
- 2019: Revenue of $31K, expenses of $64K, and assets of $707K (revenue +20.6% year-over-year).
- 2018: Revenue of $26K, expenses of $60K, and assets of $740K (revenue -85.1% year-over-year).
- 2017: Revenue of $174K, expenses of $46K, and assets of $774K (revenue +1002.3% year-over-year).
- 2016: Revenue of $16K, expenses of $44K, and assets of $646K (revenue +38.4% year-over-year).
- 2015: Revenue of $11K, expenses of $48K, and assets of $674K (revenue -92.9% year-over-year).
- 2013: Revenue of $160K, expenses of $61K, and assets of $715K (revenue -72.8% year-over-year).
- 2012: Revenue of $587K, expenses of $35K, and assets of $617K (revenue +3150.7% year-over-year).
- 2011: Revenue of $18K, expenses of $11K, and assets of $37K (revenue -55.6% year-over-year).
- 2010: Revenue of $41K, expenses of $60K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Woodring Wall Of Honor And Veterans Park Inc:
Data Sources and Methodology
This transparency report for Woodring Wall Of Honor And Veterans Park 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.