Woonsocket North Stars
Woonsocket North Stars: Declining Revenue and Assets Raise Concerns
EIN: 222521727 · Cumberland, RI · NTEE: N20Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $6K |
| Net Assets | $30K |
| Transparency Score | 45/100 |
Is Woonsocket North Stars Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Woonsocket North Stars
Woonsocket North Stars (EIN: 222521727) is a nonprofit organization based in Cumberland, RI, classified under NTEE code N20Z. The organization reported total revenue of $0 and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woonsocket North Stars's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Woonsocket North Stars is a micro nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2012–2024).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -100.0% | +34.4% | -22.8% |
| 2020 | -46.7% | -70.8% | -14.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Woonsocket North Stars with a Mission Score of 45 out of 100 (Fair). 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: 100%
According to IRS 990 filings, Woonsocket North Stars allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 100%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Executive compensation cannot be assessed as no expenses are reported for salaries or other compensation in recent filings.
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 Woonsocket North Stars's IRS 990 filings:
- Zero reported revenue in recent years (2021-2024).
- No program service expenses reported, indicating a lack of direct charitable activity.
- Significant and consistent decline in total assets over the past several years.
- High fundraising expenses relative to zero revenue in some years, suggesting inefficiency.
- Lack of clear operational activity based on financial filings.
Strengths
The following positive indicators were identified for Woonsocket North Stars:
- Historically, the organization did report revenue and assets, indicating past activity.
Frequently Asked Questions about Woonsocket North Stars
Is Woonsocket North Stars a legitimate charity?
Based on AI analysis of IRS 990 filings, Woonsocket North Stars (EIN: 222521727) significant concerns. Mission Score: 45/100. 5 red flags identified, 1 strength noted.
How does Woonsocket North Stars spend its money?
Detailed spending breakdown data is not yet available for Woonsocket North Stars. Check back for updated IRS 990 analysis.
Are donations to Woonsocket North Stars tax-deductible?
Woonsocket North Stars is registered as a tax-exempt nonprofit (EIN: 222521727). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Woonsocket North Stars compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Woonsocket North Stars is near average for NTEE category N20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Woonsocket North Stars located?
Woonsocket North Stars is headquartered in Cumberland, Rhode Island and files with the IRS under EIN 222521727. It is classified under NTEE code N20Z.
How many years of IRS 990 filings does Woonsocket North Stars have?
Woonsocket North Stars 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.
What does Woonsocket North Stars do?
Woonsocket North Stars is a nonprofit organization in the Recreation & Sports sector, located in Cumberland, Rhode Island. It is classified under NTEE code N20Z.
How much revenue does Woonsocket North Stars have?
Woonsocket North Stars reported total revenue of N/A. Based on 13 IRS 990 filings on record.
What are Woonsocket North Stars's total assets?
Woonsocket North Stars holds total assets of $13,587 as reported in IRS 990 filings.
Where is Woonsocket North Stars located?
Woonsocket North Stars is based in Cumberland, Rhode Island.
What is Woonsocket North Stars's EIN?
Woonsocket North Stars's Employer Identification Number (EIN) is 222521727. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Woonsocket North Stars?
Woonsocket North Stars is classified under NTEE code N20Z (Recreation & Sports).
Is Woonsocket North Stars a registered 501(c)(3)?
Yes, Woonsocket North Stars is recognized as a tax-exempt organization by the IRS. EIN: 222521727.
Does Woonsocket North Stars file IRS Form 990?
Yes, Woonsocket North Stars has 13 IRS Form 990 filings on record. The most recent covers tax period 202403.
What was Woonsocket North Stars's revenue in 2024?
In the 202403 filing period, Woonsocket North Stars reported total revenue of N/A, total expenses of $6,172, and net assets of $29,634.
Is Woonsocket North Stars's revenue growing or declining?
Woonsocket North Stars's revenue is relatively stable. Revenue went from N/A (202303) to N/A (202403), a 0.0% change. Based on 13 filings on record.
What is Woonsocket North Stars's most recent 990 filing?
The most recent IRS Form 990 filing for Woonsocket North Stars covers tax period 202403. It shows revenue of N/A, expenses of $6,172, total assets of $29,634, and liabilities of N/A.
Is Woonsocket North Stars a trustworthy charity?
Based on AI analysis of IRS 990 data, Woonsocket North Stars shows mixed signals. Mission Score: 45/100 (Fair). 5 red flags identified. 1 strength noted.
What are the red flags for Woonsocket North Stars?
The following concerns were identified: Zero reported revenue in recent years (2021-2024).. No program service expenses reported, indicating a lack of direct charitable activity.. Significant and consistent decline in total assets over the past several years.. High fundraising expenses relative to zero revenue in some years, suggesting inefficiency.. Lack of clear operational activity based on financial filings.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Woonsocket North Stars's strengths?
Positive indicators for Woonsocket North Stars include: Historically, the organization did report revenue and assets, indicating past activity.. These findings are derived from AI analysis of the organization's financial filings.
How does Woonsocket North Stars compensate executives?
Executive compensation cannot be assessed as no expenses are reported for salaries or other compensation in recent filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of zero revenue and zero program expenses in recent years, what is the current operational status and purpose of Woonsocket North Stars?
The financial data suggests the organization is either dormant, in the process of winding down, or has significantly altered its operations without corresponding financial reporting. Without program expenses, it's unclear how any charitable mission is being fulfilled.
With total assets declining from $122,646 in 2018 to $13,587 in 2024, how are the remaining assets being utilized or managed?
The consistent reduction in assets, without corresponding program expenses or significant administrative costs, raises questions about the disposition of these funds. Further investigation would be needed to understand if they are being used for debt, dissolution costs, or other purposes.
Filing History
IRS 990 filing history for Woonsocket North Stars showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Woonsocket North Stars's revenue has declined by 100%, moving from $336K to $0. Total assets decreased by 83.9% over the same period, from $184K to $30K. Total functional expenses fell by 98.2%, from $346K to $6K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $0 | $6K | $30K | $0 | — | — |
| 2023 | $0 | $5K | $36K | $0 | — | — |
| 2022 | $0 | $13K | $41K | $0 | — | — |
| 2021 | $0 | $16K | $54K | $0 | — | View 990 |
| 2020 | $136 | $12K | $70K | $0 | — | View 990 |
| 2019 | $255 | $41K | $82K | $0 | — | View 990 |
| 2018 | $8K | $100 | $123K | $0 | — | View 990 |
| 2017 | $35K | $16K | $115K | $0 | — | View 990 |
| 2016 | $266K | $390K | $97K | $0 | — | View 990 |
| 2015 | $390K | $402K | $221K | $0 | — | View 990 |
| 2014 | $434K | $387K | $232K | $0 | — | View 990 |
| 2013 | $385K | $383K | $186K | $0 | — | View 990 |
| 2012 | $336K | $346K | $184K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $0, expenses of $6K, and assets of $30K.
- 2023: Revenue of $0, expenses of $5K, and assets of $36K.
- 2022: Revenue of $0, expenses of $13K, and assets of $41K.
- 2021: Revenue of $0, expenses of $16K, and assets of $54K (revenue -100.0% year-over-year).
- 2020: Revenue of $136, expenses of $12K, and assets of $70K (revenue -46.7% year-over-year).
- 2019: Revenue of $255, expenses of $41K, and assets of $82K (revenue -96.6% year-over-year).
- 2018: Revenue of $8K, expenses of $100, and assets of $123K (revenue -78.1% year-over-year).
- 2017: Revenue of $35K, expenses of $16K, and assets of $115K (revenue -87.0% year-over-year).
- 2016: Revenue of $266K, expenses of $390K, and assets of $97K (revenue -31.8% year-over-year).
- 2015: Revenue of $390K, expenses of $402K, and assets of $221K (revenue -10.1% year-over-year).
- 2014: Revenue of $434K, expenses of $387K, and assets of $232K (revenue +12.6% year-over-year).
- 2013: Revenue of $385K, expenses of $383K, and assets of $186K (revenue +14.8% year-over-year).
- 2012: Revenue of $336K, expenses of $346K, and assets of $184K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Woonsocket North Stars:
Data Sources and Methodology
This transparency report for Woonsocket North Stars 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.