World Alliance For The Volunteer Economy
EIN: 270270367 · Albuquerque, NM · NTEE: T40
| Metric | Value |
|---|---|
| Total Revenue | $13K |
| Total Expenses | $53K |
| Net Assets | $-108,368 |
Is World Alliance For The Volunteer Economy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About World Alliance For The Volunteer Economy
World Alliance For The Volunteer Economy (EIN: 270270367) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code T40. The organization reported total revenue of $13K and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Alliance For The Volunteer Economy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Alliance For The Volunteer Economy is a micro nonprofit that has been operating for 16 years, with 3 years of IRS 990 filings on record (2013–2019). Revenue has grown at a compound annual rate of -29.1%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $53K |
| Surplus / Deficit | $-40,053 |
| Total Assets | $15K |
| Total Liabilities | $123K |
| Net Assets | $-108,368 |
| Operating Margin | -314.5% |
| Debt-to-Asset Ratio | 836.4% |
| Months of Reserves | 3.3 months |
Financial Health Grade: C
In 2019, World Alliance For The Volunteer Economy reported a deficit of $40K with expenses exceeding revenue, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 836.4% (high leverage).
Financial Trends
Over 3 years of filings (2013–2019), World Alliance For The Volunteer Economy's revenue has declined at a compound annual growth rate (CAGR) of -29.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -50.1% | +850.1% | +74.8% |
| 2014 | -74.5% | -82.0% | +118.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for World Alliance For The Volunteer Economy 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 Alliance For The Volunteer Economy 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 836.4%.
Frequently Asked Questions about World Alliance For The Volunteer Economy
Is World Alliance For The Volunteer Economy a legitimate charity?
World Alliance For The Volunteer Economy (EIN: 270270367) is a registered tax-exempt nonprofit based in New Mexico. It has 3 years of IRS 990 filings on record. Total revenue: $13K. No red flags identified. Financial health grade: C.
How does World Alliance For The Volunteer Economy spend its money?
World Alliance For The Volunteer Economy reported $13K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to World Alliance For The Volunteer Economy tax-deductible?
World Alliance For The Volunteer Economy is registered as a tax-exempt nonprofit (EIN: 270270367). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is World Alliance For The Volunteer Economy located?
World Alliance For The Volunteer Economy is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 270270367. It is classified under NTEE code T40.
How many years of IRS 990 filings does World Alliance For The Volunteer Economy have?
World Alliance For The Volunteer Economy has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $13K in total revenue.
Filing History
IRS 990 filing history for World Alliance For The Volunteer Economy showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2013–2019), World Alliance For The Volunteer Economy's revenue has declined by 87.3%, moving from $100K to $13K. Total assets increased by 282.5% over the same period, from $4K to $15K. Total functional expenses rose by 70.8%, from $31K to $53K. In its most recent filing year (2019), World Alliance For The Volunteer Economy reported a deficit of $40K, with expenses exceeding revenue. The organization holds $123K in liabilities against $15K in assets (debt-to-asset ratio: 836.4%), resulting in net assets of $-108,368.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $13K | $53K | $15K | $123K | — | View 990 |
| 2014 | $26K | $6K | $8K | $47K | — | View 990 |
| 2013 | $100K | $31K | $4K | $62K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $13K, expenses of $53K, and assets of $15K (revenue -50.1% year-over-year).
- 2014: Revenue of $26K, expenses of $6K, and assets of $8K (revenue -74.5% year-over-year).
- 2013: Revenue of $100K, expenses of $31K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for World Alliance For The Volunteer Economy:
Data Sources and Methodology
This transparency report for World Alliance For The Volunteer Economy 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.