Woodstock Historical Foundation Inc
Woodstock Historical Foundation maintains strong assets with zero officer compensation amidst fluctuating revenues.
EIN: 208755766 · Indianapolis, IN · NTEE: A80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $211K |
| Total Expenses | $268K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.3M |
| Transparency Score | 88/100 |
Is Woodstock Historical Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Woodstock Historical Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Woodstock Historical Foundation Inc
Woodstock Historical Foundation Inc (EIN: 208755766) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code A80. The organization reported total revenue of $211K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woodstock Historical Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Woodstock Historical Foundation Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $421K |
| Total Expenses | $268K |
| Surplus / Deficit | +$154K |
| Total Assets | $1.3M |
| Total Liabilities | $6K |
| Net Assets | $1.3M |
| Operating Margin | 36.5% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 56.6 months |
Financial Health Grade: A
In 2023, Woodstock Historical Foundation Inc reported a surplus of $154K with revenue exceeding expenses, holds 56.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Woodstock Historical Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of -0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.5% | -16.6% | +24.4% |
| 2022 | -5.7% | +9.2% | -12.0% |
| 2021 | -49.8% | -14.6% | +4.1% |
| 2020 | -47.8% | -47.6% | +29.3% |
| 2019 | +415.7% | +1495.2% | +130.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Woodstock Historical Foundation Inc with a Mission Score of 88 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: 85%
- fundraising: 0%
According to IRS 990 filings, Woodstock Historical Foundation Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 $154K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with assets over $1 million.
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 Woodstock Historical Foundation Inc's IRS 990 filings:
- Significant year-over-year revenue volatility, indicating potential funding instability.
Strengths
The following positive indicators were identified for Woodstock Historical Foundation Inc:
- Consistent zero officer compensation, demonstrating high efficiency and dedication to mission.
- Strong and growing asset base, reaching $1,261,289 in 2023, providing financial stability.
- Low liabilities, with many years reporting $0, indicating sound financial management.
- Positive net income in most recent years (e.g., $421,079 revenue vs. $267,549 expenses in 2023).
Frequently Asked Questions about Woodstock Historical Foundation Inc
Is Woodstock Historical Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Woodstock Historical Foundation Inc (EIN: 208755766) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Woodstock Historical Foundation Inc spend its money?
Woodstock Historical Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Woodstock Historical Foundation Inc tax-deductible?
Woodstock Historical Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208755766). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Woodstock Historical Foundation Inc CEO make?
Woodstock Historical Foundation Inc's highest-compensated officer earns $1 annually. The organization reported $211K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Woodstock Historical Foundation Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Woodstock Historical Foundation Inc is above average for NTEE category A80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Woodstock Historical Foundation Inc located?
Woodstock Historical Foundation Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 208755766. It is classified under NTEE code A80.
How many years of IRS 990 filings does Woodstock Historical Foundation Inc have?
Woodstock Historical Foundation 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 $211K in total revenue.
How does Woodstock Historical Foundation Inc. sustain its operations with zero officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization relies heavily on volunteer leadership or that any compensation for key personnel is categorized differently, such as program staff, rather than officers. This model significantly reduces administrative overhead.
What caused the significant revenue fluctuations, such as the drop from $1,141,292 in 2019 to $298,678 in 2021?
The IRS 990 data alone does not specify the causes. Such fluctuations could be due to large one-time grants, major fundraising campaigns in specific years, or varying levels of public support and donations.
What is the primary source of the organization's revenue?
While the filings show total revenue, they do not detail the specific breakdown (e.g., donations, grants, program service revenue) within this summary. Further investigation into the full 990 forms would be needed to identify primary sources.
Filing History
IRS 990 filing history for Woodstock Historical Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Woodstock Historical Foundation Inc's revenue has declined by 0.3%, moving from $422K to $421K. Total assets increased by 186.9% over the same period, from $440K to $1.3M. Total functional expenses fell by 45.5%, from $491K to $268K. In its most recent filing year (2023), Woodstock Historical Foundation Inc reported a surplus of $154K, with revenue exceeding expenses. The organization holds $6K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $421K | $268K | $1.3M | $6K | — | — |
| 2022 | $282K | $321K | $1.0M | $0 | — | View 990 |
| 2021 | $299K | $294K | $1.2M | $19K | — | View 990 |
| 2020 | $595K | $344K | $1.1M | $0 | — | View 990 |
| 2019 | $1.1M | $657K | $856K | $150 | — | View 990 |
| 2018 | $221K | $41K | $371K | $0 | — | View 990 |
| 2017 | $72K | $208K | $191K | $0 | — | — |
| 2016 | $82K | $228K | $327K | $10 | — | View 990 |
| 2015 | $149K | $240K | $551K | $79K | — | View 990 |
| 2014 | $230K | $55K | $566K | $0 | — | View 990 |
| 2013 | $110K | $23K | $392K | $2K | — | View 990 |
| 2012 | $101K | $137K | $304K | $10 | — | View 990 |
| 2011 | $422K | $491K | $440K | $100K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $421K, expenses of $268K, and assets of $1.3M (revenue +49.5% year-over-year).
- 2022: Revenue of $282K, expenses of $321K, and assets of $1.0M (revenue -5.7% year-over-year).
- 2021: Revenue of $299K, expenses of $294K, and assets of $1.2M (revenue -49.8% year-over-year).
- 2020: Revenue of $595K, expenses of $344K, and assets of $1.1M (revenue -47.8% year-over-year).
- 2019: Revenue of $1.1M, expenses of $657K, and assets of $856K (revenue +415.7% year-over-year).
- 2018: Revenue of $221K, expenses of $41K, and assets of $371K (revenue +209.1% year-over-year).
- 2017: Revenue of $72K, expenses of $208K, and assets of $191K (revenue -13.0% year-over-year).
- 2016: Revenue of $82K, expenses of $228K, and assets of $327K (revenue -44.7% year-over-year).
- 2015: Revenue of $149K, expenses of $240K, and assets of $551K (revenue -35.3% year-over-year).
- 2014: Revenue of $230K, expenses of $55K, and assets of $566K (revenue +108.2% year-over-year).
- 2013: Revenue of $110K, expenses of $23K, and assets of $392K (revenue +9.1% year-over-year).
- 2012: Revenue of $101K, expenses of $137K, and assets of $304K (revenue -76.0% year-over-year).
- 2011: Revenue of $422K, expenses of $491K, and assets of $440K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Woodstock Historical Foundation Inc:
Data Sources and Methodology
This transparency report for Woodstock Historical Foundation 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.