Woodward Home Inc
Woodward Home Inc. reports $0 revenue and assets in its latest filing, following years of operating deficits.
EIN: 20224025 · Keene, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $989K |
| Net Assets | $1.0M |
| Transparency Score | 20/100 |
Is Woodward Home Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Woodward Home Inc
Woodward Home Inc (EIN: 20224025) is a nonprofit organization based in Keene, NH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woodward Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Woodward Home Inc is a small nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 10.8%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $910K |
| Total Expenses | $989K |
| Surplus / Deficit | $-78,698 |
| Total Assets | $1.1M |
| Total Liabilities | $65K |
| Net Assets | $1.0M |
| Operating Margin | -8.6% |
| Debt-to-Asset Ratio | 6.1% |
| Months of Reserves | 13.0 months |
Financial Health Grade: B
In 2014, Woodward Home Inc reported a deficit of $79K with expenses exceeding revenue, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 6.1% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Woodward Home Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +3.2% | -1.1% | -5.0% |
| 2013 | +15.3% | +8.6% | -6.1% |
| 2012 | +14.4% | +5.8% | -15.4% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Woodward Home Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Woodward Home Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $79K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.1%.
Executive Compensation Analysis
Executive compensation was reported as 0% across all available filings (2011-2014), indicating that officers were not compensated, which is a positive sign for resource allocation during its operational years.
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 Woodward Home Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential cessation of operations.
- Consistent operating deficits from 2011-2014, with expenses exceeding revenue in every reported period.
- Significant decline in assets from $1,415,390 in 2011 to $1,068,399 in 2014, prior to the current $0.
Strengths
The following positive indicators were identified for Woodward Home Inc:
- Reported 0% officer compensation across all available filings (2011-2014), indicating no executive salaries were paid during those periods.
Frequently Asked Questions about Woodward Home Inc
Is Woodward Home Inc a legitimate charity?
Woodward Home Inc (EIN: 20224025) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 20/100. It has 4 years of IRS 990 filings on record. 3 red flags identified. 1 strength noted. Financial health grade: B.
How does Woodward Home Inc spend its money?
Woodward Home Inc reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Woodward Home Inc tax-deductible?
Woodward Home Inc is registered as a tax-exempt nonprofit (EIN: 20224025). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Woodward Home Inc located?
Woodward Home Inc is headquartered in Keene, New Hampshire and files with the IRS under EIN 20224025.
How many years of IRS 990 filings does Woodward Home Inc have?
Woodward Home Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Woodward Home Inc. still operational?
Based on the latest reported revenue and assets of $0, it is highly probable that Woodward Home Inc. is no longer actively operating or has undergone a significant change in its financial structure.
What caused the significant decline in Woodward Home Inc.'s finances?
The provided data does not specify the cause, but the consistent operating deficits from 2011 to 2014, where expenses always exceeded revenue, indicate a long-term financial unsustainability that likely led to its current state.
Was Woodward Home Inc. financially healthy in its active years?
No, the organization consistently reported expenses exceeding revenue between 2011 and 2014, indicating it was not financially healthy and was drawing down on its assets.
Filing History
IRS 990 filing history for Woodward Home Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Woodward Home Inc's revenue has grown by 36.2%, moving from $668K to $910K. Total assets decreased by 24.5% over the same period, from $1.4M to $1.1M. Total functional expenses rose by 13.7%, from $870K to $989K. In its most recent filing year (2014), Woodward Home Inc reported a deficit of $79K, with expenses exceeding revenue. The organization holds $65K in liabilities against $1.1M in assets (debt-to-asset ratio: 6.1%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $910K | $989K | $1.1M | $65K | — | View 990 |
| 2013 | $882K | $1000K | $1.1M | $69K | — | View 990 |
| 2012 | $765K | $920K | $1.2M | $57K | — | View 990 |
| 2011 | $668K | $870K | $1.4M | $69K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $910K, expenses of $989K, and assets of $1.1M (revenue +3.2% year-over-year).
- 2013: Revenue of $882K, expenses of $1000K, and assets of $1.1M (revenue +15.3% year-over-year).
- 2012: Revenue of $765K, expenses of $920K, and assets of $1.2M (revenue +14.4% year-over-year).
- 2011: Revenue of $668K, expenses of $870K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Woodward Home Inc:
Data Sources and Methodology
This transparency report for Woodward Home 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.