Woodward Dream Cruise Inc
EIN: 383874107 · Troy, MI · NTEE: T123
| Metric | Value |
|---|---|
| Total Revenue | $564K |
| Total Expenses | $510K |
| Net Assets | $157K |
Is Woodward Dream Cruise Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Woodward Dream Cruise Inc
Woodward Dream Cruise Inc (EIN: 383874107) is a nonprofit organization based in Troy, MI, classified under NTEE code T123. The organization reported total revenue of $564K and total assets of $159K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woodward Dream Cruise Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Woodward Dream Cruise Inc is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $533K |
| Total Expenses | $510K |
| Surplus / Deficit | +$23K |
| Total Assets | $157K |
| Net Assets | $157K |
| Operating Margin | 4.2% |
| Months of Reserves | 3.7 months |
Financial Health Grade: A
In 2023, Woodward Dream Cruise Inc reported a surplus of $23K with revenue exceeding expenses, holds 3.7 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Woodward Dream Cruise Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.5% | +3.4% | +16.8% |
| 2022 | -3.1% | +10.0% | +24.4% |
| 2021 | +1380.2% | +162.4% | +437.1% |
| 2020 | -94.0% | -69.2% | -87.0% |
| 2019 | +8.5% | -3.8% | +43.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Woodward Dream Cruise Inc 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 Woodward Dream Cruise Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $23K, with revenue exceeding expenses.
Frequently Asked Questions about Woodward Dream Cruise Inc
Is Woodward Dream Cruise Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Woodward Dream Cruise Inc (EIN: 383874107) insufficient data. 0 red flags identified, 0 strengths noted.
How does Woodward Dream Cruise Inc spend its money?
Detailed spending breakdown data is not yet available for Woodward Dream Cruise Inc. Check back for updated IRS 990 analysis.
Are donations to Woodward Dream Cruise Inc tax-deductible?
Woodward Dream Cruise Inc is registered as a tax-exempt nonprofit (EIN: 383874107). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Woodward Dream Cruise Inc located?
Woodward Dream Cruise Inc is headquartered in Troy, Michigan and files with the IRS under EIN 383874107. It is classified under NTEE code T123.
How many years of IRS 990 filings does Woodward Dream Cruise Inc have?
Woodward Dream Cruise 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 $564K in total revenue.
Filing History
IRS 990 filing history for Woodward Dream Cruise Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Woodward Dream Cruise Inc's revenue has declined by 8.2%, moving from $580K to $533K. Total assets increased by 165.8% over the same period, from $59K to $157K. Total functional expenses fell by 15.8%, from $605K to $510K. In its most recent filing year (2023), Woodward Dream Cruise Inc reported a surplus of $23K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $533K | $510K | $157K | $0 | — | — |
| 2022 | $519K | $493K | $134K | $0 | — | View 990 |
| 2021 | $536K | $448K | $108K | $0 | — | View 990 |
| 2020 | $36K | $171K | $20K | $0 | — | View 990 |
| 2019 | $601K | $554K | $155K | $0 | — | View 990 |
| 2018 | $553K | $576K | $108K | $0 | — | View 990 |
| 2017 | $524K | $542K | $130K | $0 | — | View 990 |
| 2016 | $966K | $777K | $148K | $0 | — | View 990 |
| 2015 | $520K | $636K | $40K | $81K | — | View 990 |
| 2014 | $696K | $697K | $75K | $0 | — | View 990 |
| 2013 | $661K | $656K | $76K | $0 | — | View 990 |
| 2012 | $630K | $618K | $70K | $0 | — | View 990 |
| 2011 | $580K | $605K | $59K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $533K, expenses of $510K, and assets of $157K (revenue +2.5% year-over-year).
- 2022: Revenue of $519K, expenses of $493K, and assets of $134K (revenue -3.1% year-over-year).
- 2021: Revenue of $536K, expenses of $448K, and assets of $108K (revenue +1380.2% year-over-year).
- 2020: Revenue of $36K, expenses of $171K, and assets of $20K (revenue -94.0% year-over-year).
- 2019: Revenue of $601K, expenses of $554K, and assets of $155K (revenue +8.5% year-over-year).
- 2018: Revenue of $553K, expenses of $576K, and assets of $108K (revenue +5.5% year-over-year).
- 2017: Revenue of $524K, expenses of $542K, and assets of $130K (revenue -45.7% year-over-year).
- 2016: Revenue of $966K, expenses of $777K, and assets of $148K (revenue +85.6% year-over-year).
- 2015: Revenue of $520K, expenses of $636K, and assets of $40K (revenue -25.2% year-over-year).
- 2014: Revenue of $696K, expenses of $697K, and assets of $75K (revenue +5.2% year-over-year).
- 2013: Revenue of $661K, expenses of $656K, and assets of $76K (revenue +5.0% year-over-year).
- 2012: Revenue of $630K, expenses of $618K, and assets of $70K (revenue +8.5% year-over-year).
- 2011: Revenue of $580K, expenses of $605K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Woodward Dream Cruise Inc:
Data Sources and Methodology
This transparency report for Woodward Dream Cruise 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.