World Meeting Of Families Philadelphia
EIN: 461237617 · Philadelphia, PA
| Metric | Value |
|---|---|
| Total Expenses | $45.4M |
| Net Assets | $163K |
Is World Meeting Of Families Philadelphia Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About World Meeting Of Families Philadelphia
World Meeting Of Families Philadelphia (EIN: 461237617) is a nonprofit organization based in Philadelphia, PA. 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 Meeting Of Families Philadelphia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Meeting Of Families Philadelphia is a large nonprofit, with 2 years of IRS 990 filings on record (2015–2016). Revenue has grown at a compound annual rate of -5.0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $24.2M |
| Total Expenses | $45.4M |
| Surplus / Deficit | $-21,119,092 |
| Total Assets | $448K |
| Total Liabilities | $285K |
| Net Assets | $163K |
| Operating Margin | -87.1% |
| Debt-to-Asset Ratio | 63.6% |
| Months of Reserves | 0.1 months |
Financial Health Grade: D
In 2016, World Meeting Of Families Philadelphia reported a deficit of $21.1M with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 63.6% (high leverage).
Financial Trends
Over 2 years of filings (2015–2016), World Meeting Of Families Philadelphia's revenue has declined at a compound annual growth rate (CAGR) of -5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -5.0% | +433.9% | -98.2% |
AI Analysis Pending
AI enrichment for World Meeting Of Families Philadelphia 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 Meeting Of Families Philadelphia 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 63.6%.
Frequently Asked Questions about World Meeting Of Families Philadelphia
Is World Meeting Of Families Philadelphia a legitimate charity?
World Meeting Of Families Philadelphia (EIN: 461237617) is a registered tax-exempt nonprofit based in Pennsylvania. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does World Meeting Of Families Philadelphia spend its money?
World Meeting Of Families Philadelphia reported its financials in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to World Meeting Of Families Philadelphia tax-deductible?
World Meeting Of Families Philadelphia is registered as a tax-exempt nonprofit (EIN: 461237617). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is World Meeting Of Families Philadelphia located?
World Meeting Of Families Philadelphia is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 461237617.
How many years of IRS 990 filings does World Meeting Of Families Philadelphia have?
World Meeting Of Families Philadelphia has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for World Meeting Of Families Philadelphia showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2015–2016), World Meeting Of Families Philadelphia's revenue has declined by 5%, moving from $25.5M to $24.2M. Total assets decreased by 98.2% over the same period, from $25.1M to $448K. Total functional expenses rose by 433.9%, from $8.5M to $45.4M. In its most recent filing year (2016), World Meeting Of Families Philadelphia reported a deficit of $21.1M, with expenses exceeding revenue. The organization holds $285K in liabilities against $448K in assets (debt-to-asset ratio: 63.6%), resulting in net assets of $163K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $24.2M | $45.4M | $448K | $285K | — | View 990 |
| 2015 | $25.5M | $8.5M | $25.1M | $3.8M | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for World Meeting Of Families Philadelphia:
Data Sources and Methodology
This transparency report for World Meeting Of Families Philadelphia 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.