World Insurance Promotion Assn
EIN: 814522533 · Washington, DC
| Metric | Value |
|---|---|
| Total Expenses | $96K |
| Net Assets | $-5,353 |
Is World Insurance Promotion Assn Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About World Insurance Promotion Assn
World Insurance Promotion Assn (EIN: 814522533) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Insurance Promotion Assn's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Insurance Promotion Assn is a micro nonprofit.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $96K |
| Surplus / Deficit | $-6,634 |
| Total Assets | $10K |
| Total Liabilities | $15K |
| Net Assets | $-5,353 |
| Operating Margin | -7.4% |
| Debt-to-Asset Ratio | 155.5% |
| Months of Reserves | 1.2 months |
Financial Health Grade: D
In 2017, World Insurance Promotion Assn reported a deficit of $7K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 155.5% (high leverage).
AI Analysis Pending
AI enrichment for World Insurance Promotion Assn 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 Insurance Promotion Assn 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 155.5%.
Frequently Asked Questions about World Insurance Promotion Assn
Is World Insurance Promotion Assn a legitimate charity?
World Insurance Promotion Assn (EIN: 814522533) is a registered tax-exempt nonprofit based in Washington DC. No red flags identified. Financial health grade: D.
How does World Insurance Promotion Assn spend its money?
World Insurance Promotion Assn reported its financials in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to World Insurance Promotion Assn tax-deductible?
World Insurance Promotion Assn is registered as a tax-exempt nonprofit (EIN: 814522533). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is World Insurance Promotion Assn located?
World Insurance Promotion Assn is headquartered in Washington, Washington DC and files with the IRS under EIN 814522533.
Filing History
IRS 990 filing history for World Insurance Promotion Assn showing financial trends over 1 year of public records:
In its most recent filing year (2017), World Insurance Promotion Assn reported a deficit of $7K, with expenses exceeding revenue. The organization holds $15K in liabilities against $10K in assets (debt-to-asset ratio: 155.5%), resulting in net assets of $-5,353.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $89K | $96K | $10K | $15K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for World Insurance Promotion Assn:
Data Sources and Methodology
This transparency report for World Insurance Promotion Assn 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.