Woolman Hill Inc
EIN: 42197159 · Deerfield, MA · NTEE: X99Z
| Metric | Value |
|---|---|
| Total Revenue | $342K |
| Total Expenses | $254K |
| Net Assets | $1.9M |
Is Woolman Hill Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Woolman Hill Inc
Woolman Hill Inc (EIN: 42197159) is a nonprofit organization based in Deerfield, MA, classified under NTEE code X99Z. The organization reported total revenue of $342K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woolman Hill Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Woolman Hill Inc is a small nonprofit that has been operating for 70 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $342K |
| Total Expenses | $254K |
| Surplus / Deficit | +$88K |
| Total Assets | $1.9M |
| Total Liabilities | $40K |
| Net Assets | $1.9M |
| Operating Margin | 25.7% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 90.1 months |
Financial Health Grade: A
In 2023, Woolman Hill Inc reported a surplus of $88K with revenue exceeding expenses, holds 90.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Woolman Hill Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.5% | +26.6% | +4.6% |
| 2022 | -42.1% | +14.6% | +11.2% |
| 2021 | +103.4% | -31.7% | +39.0% |
| 2020 | -58.4% | +12.5% | +8.6% |
| 2019 | +250.0% | +12.5% | +102.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1956 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Woolman Hill 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 Woolman Hill 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 $88K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.1%.
Frequently Asked Questions about Woolman Hill Inc
Is Woolman Hill Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Woolman Hill Inc (EIN: 42197159) insufficient data. 0 red flags identified, 0 strengths noted.
How does Woolman Hill Inc spend its money?
Detailed spending breakdown data is not yet available for Woolman Hill Inc. Check back for updated IRS 990 analysis.
Are donations to Woolman Hill Inc tax-deductible?
Woolman Hill Inc is registered as a tax-exempt nonprofit (EIN: 42197159). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Woolman Hill Inc located?
Woolman Hill Inc is headquartered in Deerfield, Massachusetts and files with the IRS under EIN 42197159. It is classified under NTEE code X99Z.
How many years of IRS 990 filings does Woolman Hill Inc have?
Woolman Hill 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 $342K in total revenue.
Filing History
IRS 990 filing history for Woolman Hill Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Woolman Hill Inc's revenue has grown by 131.5%, moving from $148K to $342K. Total assets increased by 303.8% over the same period, from $473K to $1.9M. Total functional expenses rose by 75.5%, from $145K to $254K. In its most recent filing year (2023), Woolman Hill Inc reported a surplus of $88K, with revenue exceeding expenses. The organization holds $40K in liabilities against $1.9M in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $342K | $254K | $1.9M | $40K | — | — |
| 2022 | $378K | $201K | $1.8M | $45K | — | — |
| 2021 | $653K | $175K | $1.6M | $38K | — | View 990 |
| 2020 | $321K | $256K | $1.2M | $55K | — | View 990 |
| 2019 | $772K | $228K | $1.1M | $27K | — | View 990 |
| 2018 | $221K | $203K | $537K | $21K | — | View 990 |
| 2017 | $172K | $187K | $521K | $23K | — | View 990 |
| 2016 | $185K | $168K | $541K | $28K | — | View 990 |
| 2015 | $147K | $168K | $514K | $17K | — | View 990 |
| 2014 | $186K | $162K | $538K | $20K | — | View 990 |
| 2013 | $195K | $155K | $514K | $20K | — | View 990 |
| 2012 | $137K | $137K | $473K | $17K | — | View 990 |
| 2011 | $148K | $145K | $473K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $342K, expenses of $254K, and assets of $1.9M (revenue -9.5% year-over-year).
- 2022: Revenue of $378K, expenses of $201K, and assets of $1.8M (revenue -42.1% year-over-year).
- 2021: Revenue of $653K, expenses of $175K, and assets of $1.6M (revenue +103.4% year-over-year).
- 2020: Revenue of $321K, expenses of $256K, and assets of $1.2M (revenue -58.4% year-over-year).
- 2019: Revenue of $772K, expenses of $228K, and assets of $1.1M (revenue +250.0% year-over-year).
- 2018: Revenue of $221K, expenses of $203K, and assets of $537K (revenue +28.5% year-over-year).
- 2017: Revenue of $172K, expenses of $187K, and assets of $521K (revenue -7.0% year-over-year).
- 2016: Revenue of $185K, expenses of $168K, and assets of $541K (revenue +25.4% year-over-year).
- 2015: Revenue of $147K, expenses of $168K, and assets of $514K (revenue -21.0% year-over-year).
- 2014: Revenue of $186K, expenses of $162K, and assets of $538K (revenue -4.2% year-over-year).
- 2013: Revenue of $195K, expenses of $155K, and assets of $514K (revenue +42.2% year-over-year).
- 2012: Revenue of $137K, expenses of $137K, and assets of $473K (revenue -7.5% year-over-year).
- 2011: Revenue of $148K, expenses of $145K, and assets of $473K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Woolman Hill Inc:
Data Sources and Methodology
This transparency report for Woolman Hill 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.