Woods Wheels Water Outdoors
Woods Wheels Water Outdoors operates with fluctuating minimal revenue and no officer compensation.
EIN: 141956041 · Braxton, MS · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4K |
| Total Expenses | $375 |
| Program Spending | 80% |
| Net Assets | $7K |
| Transparency Score | 65/100 |
Is Woods Wheels Water Outdoors Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Woods Wheels Water Outdoors directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Woods Wheels Water Outdoors
Woods Wheels Water Outdoors (EIN: 141956041) is a nonprofit organization based in Braxton, MS, classified under NTEE code P20. The organization reported total revenue of $4K and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woods Wheels Water Outdoors's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Woods Wheels Water Outdoors is a micro nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $375 |
| Surplus / Deficit | +$4K |
| Total Assets | $7K |
| Net Assets | $7K |
| Operating Margin | 91.0% |
| Months of Reserves | 237.7 months |
Financial Health Grade: A
In 2023, Woods Wheels Water Outdoors reported a surplus of $4K with revenue exceeding expenses, holds 237.7 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Woods Wheels Water Outdoors's revenue has declined at a compound annual growth rate (CAGR) of -6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2209.9% | -83.7% | +105.1% |
| 2020 | -100.0% | -63.8% | -28.4% |
| 2019 | -58.6% | -64.4% | +5.6% |
| 2018 | +209.1% | +73.1% | -16.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Woods Wheels Water Outdoors with a Mission Score of 65 out of 100 (Good). 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, Woods Wheels Water Outdoors 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 surplus of $4K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization or one where leadership is not compensated, which is highly efficient for an organization of this small 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 Woods Wheels Water Outdoors's IRS 990 filings:
- Highly inconsistent revenue streams
- Frequent operating deficits (expenses exceeding revenue)
- Very small asset base relative to historical expenses
- Lack of detailed expense breakdown in summary data
Strengths
The following positive indicators were identified for Woods Wheels Water Outdoors:
- Zero officer compensation, indicating volunteer leadership
- No reported liabilities in recent years (2018-2023)
- Consistent IRS 990 filing history (12 filings)
- Low administrative overhead implied by 0% officer compensation
Frequently Asked Questions about Woods Wheels Water Outdoors
Is Woods Wheels Water Outdoors a legitimate charity?
Based on AI analysis of IRS 990 filings, Woods Wheels Water Outdoors (EIN: 141956041) some concerns. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.
How does Woods Wheels Water Outdoors spend its money?
Woods Wheels Water Outdoors directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Woods Wheels Water Outdoors tax-deductible?
Woods Wheels Water Outdoors is registered as a tax-exempt nonprofit (EIN: 141956041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Woods Wheels Water Outdoors's spending goes to programs?
Woods Wheels Water Outdoors directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Woods Wheels Water Outdoors compare to similar nonprofits?
With a transparency score of 65/100 (Good), Woods Wheels Water Outdoors 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 Woods Wheels Water Outdoors located?
Woods Wheels Water Outdoors is headquartered in Braxton, Mississippi and files with the IRS under EIN 141956041. It is classified under NTEE code P20.
How many years of IRS 990 filings does Woods Wheels Water Outdoors have?
Woods Wheels Water Outdoors 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 $4K in total revenue.
Is Woods Wheels Water Outdoors a good charity?
Based on the available data, Woods Wheels Water Outdoors appears to be a very small, volunteer-driven organization with no paid officers. Its financial health is inconsistent, with revenues fluctuating significantly and expenses often exceeding income. While it demonstrates good financial transparency regarding officer compensation and liabilities, its small scale and financial instability make it challenging to assess its programmatic impact without more detailed expense breakdowns.
How does the organization manage its liabilities?
The organization has successfully reduced its liabilities to $0 in recent years (2018-2023), which is a significant improvement from periods like 2017 ($17,720) and 2013 ($16,820). This indicates good financial management in terms of debt.
What is the trend in the organization's revenue?
The organization's revenue has been highly volatile, ranging from $0 in 2015 and 2020 to a high of $38,879 in 2014. More recently, revenue has been very low, at $181 in 2022 and $4,181 in 2023, indicating an inconsistent funding stream.
Does the organization have sufficient assets?
With current assets of $7,428 and recent annual expenses often exceeding this amount (e.g., $46,467 in 2015, $34,595 in 2016), the organization's asset base is very modest and may not provide sufficient reserves for sustained operations, especially given its fluctuating revenue.
Filing History
IRS 990 filing history for Woods Wheels Water Outdoors showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Woods Wheels Water Outdoors's revenue has declined by 56.2%, moving from $10K to $4K. Total assets increased by 460.2% over the same period, from $1K to $7K. Total functional expenses fell by 96.5%, from $11K to $375. In its most recent filing year (2023), Woods Wheels Water Outdoors reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $375 | $7K | $0 | — | — |
| 2022 | $181 | $2K | $4K | $0 | — | View 990 |
| 2020 | $0 | $4K | $9K | $0 | — | View 990 |
| 2019 | $11K | $10K | $13K | $0 | — | View 990 |
| 2018 | $26K | $28K | $12K | $0 | — | View 990 |
| 2017 | $8K | $16K | $15K | $18K | — | View 990 |
| 2016 | $33K | $35K | $5K | $0 | — | View 990 |
| 2015 | $0 | $46K | $6K | $0 | — | View 990 |
| 2014 | $39K | $31K | $10K | $0 | — | View 990 |
| 2013 | $32K | $33K | $2K | $17K | — | View 990 |
| 2012 | $28K | $27K | $3K | $18K | — | View 990 |
| 2011 | $10K | $11K | $1K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $375, and assets of $7K (revenue +2209.9% year-over-year).
- 2022: Revenue of $181, expenses of $2K, and assets of $4K.
- 2020: Revenue of $0, expenses of $4K, and assets of $9K (revenue -100.0% year-over-year).
- 2019: Revenue of $11K, expenses of $10K, and assets of $13K (revenue -58.6% year-over-year).
- 2018: Revenue of $26K, expenses of $28K, and assets of $12K (revenue +209.1% year-over-year).
- 2017: Revenue of $8K, expenses of $16K, and assets of $15K (revenue -74.5% year-over-year).
- 2016: Revenue of $33K, expenses of $35K, and assets of $5K.
- 2015: Revenue of $0, expenses of $46K, and assets of $6K (revenue -100.0% year-over-year).
- 2014: Revenue of $39K, expenses of $31K, and assets of $10K (revenue +19.9% year-over-year).
- 2013: Revenue of $32K, expenses of $33K, and assets of $2K (revenue +14.7% year-over-year).
- 2012: Revenue of $28K, expenses of $27K, and assets of $3K (revenue +195.8% year-over-year).
- 2011: Revenue of $10K, expenses of $11K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Woods Wheels Water Outdoors:
Data Sources and Methodology
This transparency report for Woods Wheels Water Outdoors 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.