World Acceptance Foundation
EIN: 833475084 · Greenville, SC · NTEE: P01
| Metric | Value |
|---|---|
| Total Revenue | $18K |
| Total Expenses | $9K |
| Net Assets | $65K |
Is World Acceptance Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About World Acceptance Foundation
World Acceptance Foundation (EIN: 833475084) is a nonprofit organization based in Greenville, SC, classified under NTEE code P01. The organization reported total revenue of $18K and total assets of $33K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Acceptance Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Acceptance Foundation is a micro nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $9K |
| Surplus / Deficit | +$12K |
| Total Assets | $65K |
| Net Assets | $65K |
| Operating Margin | 56.1% |
| Months of Reserves | 86.5 months |
Financial Health Grade: A
In 2023, World Acceptance Foundation reported a surplus of $12K with revenue exceeding expenses, holds 86.5 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), World Acceptance Foundation's revenue has declined at a compound annual growth rate (CAGR) of -7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.3% | -55.2% | +21.6% |
| 2022 | -80.6% | -62.8% | -3.0% |
| 2021 | +1477.9% | +275.4% | +298.3% |
| 2020 | -78.0% | +171.7% | -37.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for World Acceptance Foundation 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 World Acceptance Foundation 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 $12K, with revenue exceeding expenses.
Frequently Asked Questions about World Acceptance Foundation
Is World Acceptance Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, World Acceptance Foundation (EIN: 833475084) insufficient data. 0 red flags identified, 0 strengths noted.
How does World Acceptance Foundation spend its money?
Detailed spending breakdown data is not yet available for World Acceptance Foundation. Check back for updated IRS 990 analysis.
Are donations to World Acceptance Foundation tax-deductible?
World Acceptance Foundation is registered as a tax-exempt nonprofit (EIN: 833475084). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is World Acceptance Foundation located?
World Acceptance Foundation is headquartered in Greenville, South Carolina and files with the IRS under EIN 833475084. It is classified under NTEE code P01.
How many years of IRS 990 filings does World Acceptance Foundation have?
World Acceptance Foundation has 5 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 $18K in total revenue.
Filing History
IRS 990 filing history for World Acceptance Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), World Acceptance Foundation's revenue has declined by 25.3%, moving from $28K to $21K. Total assets increased by 192.6% over the same period, from $22K to $65K. Total functional expenses rose by 69.9%, from $5K to $9K. In its most recent filing year (2023), World Acceptance Foundation reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21K | $9K | $65K | $0 | — | View 990 |
| 2022 | $19K | $20K | $54K | $0 | — | View 990 |
| 2021 | $96K | $54K | $55K | $0 | — | — |
| 2020 | $6K | $14K | $14K | $0 | — | — |
| 2019 | $28K | $5K | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21K, expenses of $9K, and assets of $65K (revenue +11.3% year-over-year).
- 2022: Revenue of $19K, expenses of $20K, and assets of $54K (revenue -80.6% year-over-year).
- 2021: Revenue of $96K, expenses of $54K, and assets of $55K (revenue +1477.9% year-over-year).
- 2020: Revenue of $6K, expenses of $14K, and assets of $14K (revenue -78.0% year-over-year).
- 2019: Revenue of $28K, expenses of $5K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for World Acceptance Foundation:
Data Sources and Methodology
This transparency report for World Acceptance Foundation 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.