Word Keepers Inc
Word Keepers Inc. experiences significant revenue growth with no reported officer compensation.
EIN: 204593991 · Clermont, FL · NTEE: P99 · Updated: 2026-03-28
Is Word Keepers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Word Keepers Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Word Keepers Inc
Word Keepers Inc (EIN: 204593991) is a nonprofit organization based in Clermont, FL, classified under NTEE code P99. The organization reported total revenue of $2.0M and total assets of $38K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Word Keepers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Word Keepers Inc with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Word Keepers Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Word Keepers Inc. consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual and suggests a volunteer-led or extremely lean leadership structure.
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 Word Keepers Inc's IRS 990 filings:
- NTEE code P99 (Unknown) provides limited insight into specific programmatic focus.
- Relatively low asset base compared to recent revenue growth ($76,957 assets vs. $1,479,510 revenue in 202312) could indicate limited reserves for future operations.
Strengths
The following positive indicators were identified for Word Keepers Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency and dedication of funds to mission.
- Significant revenue growth in 2023 ($1,479,510), suggesting increased support and capacity.
- Consistent IRS 990 filing history (13 filings), demonstrating good compliance and transparency.
Frequently Asked Questions about Word Keepers Inc
Is Word Keepers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Word Keepers Inc (EIN: 204593991) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Word Keepers Inc spend its money?
Word Keepers Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Word Keepers Inc tax-deductible?
Word Keepers Inc is registered as a tax-exempt nonprofit (EIN: 204593991). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Word Keepers Inc. manage its operations without paying officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level or that executive services are provided pro bono, which is highly efficient for a nonprofit.
What caused the significant increase in revenue from $183,777 in 2022 to $1,479,510 in 2023?
The provided data does not specify the reason for this dramatic increase, but it indicates a substantial expansion of funding sources or program activities within that period.
What are the specific programs Word Keepers Inc. operates given its NTEE code P99?
The NTEE code P99 (Unknown) does not provide specific insight into the organization's programs. Further investigation into their mission statement or website would be necessary to understand their specific activities.
Filing History
IRS 990 filing history for Word Keepers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Word Keepers Inc's revenue has grown by 912.2%, moving from $146K to $1.5M. Total assets increased by 1659.4% over the same period, from $4K to $77K. Total functional expenses rose by 928.2%, from $142K to $1.5M. In its most recent filing year (2023), Word Keepers Inc reported a surplus of $19K, with revenue exceeding expenses. The organization holds $35K in liabilities against $77K in assets (debt-to-asset ratio: 45.8%), resulting in net assets of $42K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $77K | $35K | — | — |
| 2022 | $184K | $196K | $74K | $44K | — | View 990 |
| 2021 | $150K | $129K | $87K | $45K | — | View 990 |
| 2020 | $114K | $96K | $56K | $35K | — | — |
| 2019 | $70K | $71K | $3K | $0 | — | View 990 |
| 2018 | $70K | $70K | $4K | $0 | — | View 990 |
| 2017 | $73K | $76K | $4K | $0 | — | View 990 |
| 2016 | $91K | $84K | $24K | $0 | — | View 990 |
| 2015 | $71K | $57K | $16K | $0 | — | View 990 |
| 2014 | $83K | $82K | $2K | $0 | — | View 990 |
| 2013 | $129K | $131K | $1K | $0 | — | View 990 |
| 2012 | $173K | $175K | $3K | $0 | — | View 990 |
| 2011 | $146K | $142K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $77K (revenue +705.1% year-over-year).
- 2022: Revenue of $184K, expenses of $196K, and assets of $74K (revenue +22.4% year-over-year).
- 2021: Revenue of $150K, expenses of $129K, and assets of $87K (revenue +31.1% year-over-year).
- 2020: Revenue of $114K, expenses of $96K, and assets of $56K (revenue +63.3% year-over-year).
- 2019: Revenue of $70K, expenses of $71K, and assets of $3K (revenue +0.4% year-over-year).
- 2018: Revenue of $70K, expenses of $70K, and assets of $4K (revenue -5.0% year-over-year).
- 2017: Revenue of $73K, expenses of $76K, and assets of $4K (revenue -19.5% year-over-year).
- 2016: Revenue of $91K, expenses of $84K, and assets of $24K (revenue +27.9% year-over-year).
- 2015: Revenue of $71K, expenses of $57K, and assets of $16K (revenue -13.6% year-over-year).
- 2014: Revenue of $83K, expenses of $82K, and assets of $2K (revenue -36.1% year-over-year).
- 2013: Revenue of $129K, expenses of $131K, and assets of $1K (revenue -25.4% year-over-year).
- 2012: Revenue of $173K, expenses of $175K, and assets of $3K (revenue +18.4% year-over-year).
- 2011: Revenue of $146K, expenses of $142K, and assets of $4K.
Data Sources and Methodology
This transparency report for Word Keepers 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.