World Leisure & Recreation Association Inc
World Leisure & Recreation Association Inc. faces persistent operating deficits, drawing down assets.
EIN: 131837426 · Greenville, MI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $208K |
| Total Expenses | $377K |
| Program Spending | 70% |
| Net Assets | $288K |
| Transparency Score | 45/100 |
Is World Leisure & Recreation Association Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
World Leisure & Recreation Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About World Leisure & Recreation Association Inc
World Leisure & Recreation Association Inc (EIN: 131837426) is a nonprofit organization based in Greenville, MI. The organization reported total revenue of $208K and total assets of $236K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Leisure & Recreation Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Leisure & Recreation Association Inc is a small nonprofit that has been operating for 67 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $215K |
| Total Expenses | $377K |
| Surplus / Deficit | $-161,975 |
| Total Assets | $360K |
| Total Liabilities | $72K |
| Net Assets | $288K |
| Operating Margin | -75.3% |
| Debt-to-Asset Ratio | 20.0% |
| Months of Reserves | 11.5 months |
Financial Health Grade: B
In 2023, World Leisure & Recreation Association Inc reported a deficit of $162K with expenses exceeding revenue, holds 11.5 months of operating reserves (strong position), has a debt-to-asset ratio of 20.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), World Leisure & Recreation Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.2% | +5.4% | -28.3% |
| 2022 | +0.7% | -2.1% | -17.3% |
| 2021 | -25.1% | +18.6% | -21.5% |
| 2020 | -63.8% | -26.3% | -5.2% |
| 2019 | +115.6% | +23.6% | +62.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1959 |
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 World Leisure & Recreation Association Inc 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, World Leisure & Recreation Association Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $162K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure, which is commendable for minimizing overhead in this area.
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 World Leisure & Recreation Association Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $161,975 deficit in 2023, $157,092 in 2022, $166,042 in 2021).
- Significant decline in total assets from $773,128 in 2020 to $360,118 in 2023.
- Substantial increase in liabilities to $72,099 in 2023, after periods of minimal or zero liabilities.
- Sharp decrease in revenue from $733,578 in 2019 to $265,729 in 2020, which has not recovered to previous levels.
Strengths
The following positive indicators were identified for World Leisure & Recreation Association Inc:
- No reported officer compensation, indicating a volunteer-driven leadership.
- Maintained a positive asset balance despite consistent deficits.
Frequently Asked Questions about World Leisure & Recreation Association Inc
Is World Leisure & Recreation Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, World Leisure & Recreation Association Inc (EIN: 131837426) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does World Leisure & Recreation Association Inc spend its money?
World Leisure & Recreation Association Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to World Leisure & Recreation Association Inc tax-deductible?
World Leisure & Recreation Association Inc is registered as a tax-exempt nonprofit (EIN: 131837426). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of World Leisure & Recreation Association Inc's spending goes to programs?
World Leisure & Recreation Association Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is World Leisure & Recreation Association Inc located?
World Leisure & Recreation Association Inc is headquartered in Greenville, Michigan and files with the IRS under EIN 131837426.
How many years of IRS 990 filings does World Leisure & Recreation Association Inc have?
World Leisure & Recreation Association Inc 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. The most recent filing shows $208K in total revenue.
Is World Leisure & Recreation Association Inc. financially sustainable?
Based on recent filings, the organization has consistently spent more than it earned, leading to a significant reduction in assets from $773,128 in 2020 to $360,118 in 2023. This trend suggests a lack of financial sustainability if not addressed.
What caused the significant drop in revenue from 2019 to 2020?
Revenue dropped sharply from $733,578 in 2019 to $265,729 in 2020. The filings do not provide specific reasons for this decline, but it marks a significant shift in the organization's financial capacity.
How does the organization plan to address its recurring operating deficits?
The IRS 990 data does not provide details on the organization's strategies to overcome its consistent operating deficits, which have been present in 2021, 2022, and 2023.
What is the breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making a precise assessment of spending efficiency challenging.
Filing History
IRS 990 filing history for World Leisure & Recreation Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), World Leisure & Recreation Association Inc's revenue has declined by 21%, moving from $272K to $215K. Total assets decreased by 0.8% over the same period, from $363K to $360K. Total functional expenses rose by 101.2%, from $187K to $377K. In its most recent filing year (2023), World Leisure & Recreation Association Inc reported a deficit of $162K, with expenses exceeding revenue. The organization holds $72K in liabilities against $360K in assets (debt-to-asset ratio: 20.0%), resulting in net assets of $288K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $215K | $377K | $360K | $72K | — | — |
| 2022 | $200K | $358K | $502K | $52K | — | View 990 |
| 2021 | $199K | $365K | $607K | $0 | — | View 990 |
| 2020 | $266K | $308K | $773K | $0 | — | — |
| 2019 | $734K | $418K | $815K | $0 | — | View 990 |
| 2018 | $340K | $338K | $503K | $3K | — | View 990 |
| 2017 | $238K | $325K | $500K | $2K | — | View 990 |
| 2016 | $213K | $292K | $588K | $3K | — | View 990 |
| 2015 | $403K | $245K | $674K | $11K | — | View 990 |
| 2014 | $300K | $240K | $553K | $49K | — | View 990 |
| 2013 | $445K | $215K | $451K | $7K | — | View 990 |
| 2012 | $106K | $254K | $216K | $1K | — | View 990 |
| 2011 | $272K | $187K | $363K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $215K, expenses of $377K, and assets of $360K (revenue +7.2% year-over-year).
- 2022: Revenue of $200K, expenses of $358K, and assets of $502K (revenue +0.7% year-over-year).
- 2021: Revenue of $199K, expenses of $365K, and assets of $607K (revenue -25.1% year-over-year).
- 2020: Revenue of $266K, expenses of $308K, and assets of $773K (revenue -63.8% year-over-year).
- 2019: Revenue of $734K, expenses of $418K, and assets of $815K (revenue +115.6% year-over-year).
- 2018: Revenue of $340K, expenses of $338K, and assets of $503K (revenue +43.0% year-over-year).
- 2017: Revenue of $238K, expenses of $325K, and assets of $500K (revenue +11.6% year-over-year).
- 2016: Revenue of $213K, expenses of $292K, and assets of $588K (revenue -47.1% year-over-year).
- 2015: Revenue of $403K, expenses of $245K, and assets of $674K (revenue +34.5% year-over-year).
- 2014: Revenue of $300K, expenses of $240K, and assets of $553K (revenue -32.7% year-over-year).
- 2013: Revenue of $445K, expenses of $215K, and assets of $451K (revenue +319.9% year-over-year).
- 2012: Revenue of $106K, expenses of $254K, and assets of $216K (revenue -61.0% year-over-year).
- 2011: Revenue of $272K, expenses of $187K, and assets of $363K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for World Leisure & Recreation Association Inc:
Data Sources and Methodology
This transparency report for World Leisure & Recreation Association 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.