Wpkn Incorporated
Wpkn Incorporated: Transparent Spending and Mission-Driven Focus
EIN: 223162248 · Bridgeport, CT · NTEE: A32Z · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $430K |
| Total Expenses | $562K |
| Program Spending | 63% |
| Net Assets | $416K |
| Transparency Score | 87/100 |
Is Wpkn Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Wpkn Incorporated directs 63% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Wpkn Incorporated
Wpkn Incorporated (EIN: 223162248) is a nonprofit organization based in Bridgeport, CT, classified under NTEE code A32Z. The organization reported total revenue of $430K and total assets of $467K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wpkn Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wpkn Incorporated is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $438K |
| Total Expenses | $562K |
| Surplus / Deficit | $-123,654 |
| Total Assets | $571K |
| Total Liabilities | $155K |
| Net Assets | $416K |
| Operating Margin | -28.2% |
| Debt-to-Asset Ratio | 27.2% |
| Months of Reserves | 12.2 months |
Financial Health Grade: B
In 2023, Wpkn Incorporated reported a deficit of $124K with expenses exceeding revenue, holds 12.2 months of operating reserves (strong position), has a debt-to-asset ratio of 27.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Wpkn Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.7% | +13.8% | -17.4% |
| 2022 | -1.1% | +32.6% | +0.3% |
| 2021 | +54.0% | +22.5% | +66.3% |
| 2020 | +14.3% | +2.2% | +5.3% |
| 2019 | -1.0% | +3.4% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1992 |
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 Wpkn Incorporated with a Mission Score of 87 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 17%
- programs: 63%
- fundraising: 20%
According to IRS 990 filings, Wpkn Incorporated allocates its expenses as follows: admin: 17%, programs: 63%, fundraising: 20%. Approximately 63% 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 $124K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.2%.
Executive Compensation Analysis
Executive compensation remains at a consistent level, with no significant changes over the past five years.
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 Wpkn Incorporated's IRS 990 filings:
- No administrative or fundraising costs since 2016.
Strengths
The following positive indicators were identified for Wpkn Incorporated:
- Consistent mission focus with over 60% of funds allocated to programs.
Frequently Asked Questions about Wpkn Incorporated
Is Wpkn Incorporated a legitimate charity?
Wpkn Incorporated (EIN: 223162248) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 87/100. It has 13 years of IRS 990 filings on record. Total revenue: $430K. 1 red flag identified. 1 strength noted. Financial health grade: B.
How does Wpkn Incorporated spend its money?
Wpkn Incorporated directs 63% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to Wpkn Incorporated tax-deductible?
Wpkn Incorporated is registered as a tax-exempt nonprofit (EIN: 223162248). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Wpkn Incorporated's spending goes to programs?
Wpkn Incorporated directs 63% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Wpkn Incorporated compare to similar nonprofits?
With a transparency score of 87/100 (Excellent), Wpkn Incorporated is above average for NTEE category A32Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Wpkn Incorporated located?
Wpkn Incorporated is headquartered in Bridgeport, Connecticut and files with the IRS under EIN 223162248. It is classified under NTEE code A32Z.
How many years of IRS 990 filings does Wpkn Incorporated have?
Wpkn Incorporated 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 $430K in total revenue.
What does Wpkn Incorporated do?
Wpkn Incorporated is a nonprofit organization in the Arts, Culture & Humanities sector, located in Bridgeport, Connecticut. It is classified under NTEE code A32Z.
How much revenue does Wpkn Incorporated have?
Wpkn Incorporated reported total revenue of $429,871. Based on 13 IRS 990 filings on record.
What are Wpkn Incorporated's total assets?
Wpkn Incorporated holds total assets of $467,354 as reported in IRS 990 filings.
Where is Wpkn Incorporated located?
Wpkn Incorporated is based in Bridgeport, Connecticut.
What is Wpkn Incorporated's EIN?
Wpkn Incorporated's Employer Identification Number (EIN) is 223162248. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Wpkn Incorporated?
Wpkn Incorporated is classified under NTEE code A32Z (Arts, Culture & Humanities).
Is Wpkn Incorporated a registered 501(c)(3)?
Yes, Wpkn Incorporated is recognized as a tax-exempt organization by the IRS. EIN: 223162248.
Does Wpkn Incorporated file IRS Form 990?
Yes, Wpkn Incorporated has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Wpkn Incorporated's revenue in 2023?
In the 202306 filing period, Wpkn Incorporated reported total revenue of $438,069, total expenses of $561,723, and net assets of $571,022.
Is Wpkn Incorporated's revenue growing or declining?
Wpkn Incorporated's revenue is declining. Revenue went from $496,052 (202206) to $438,069 (202306), a -11.7% change. Based on 13 filings on record.
What is Wpkn Incorporated's most recent 990 filing?
The most recent IRS Form 990 filing for Wpkn Incorporated covers tax period 202306. It shows revenue of $438,069, expenses of $561,723, total assets of $571,022, and liabilities of $155,206.
How much does Wpkn Incorporated spend on programs vs administration?
Based on IRS 990 analysis, Wpkn Incorporated allocates approximately 63% of expenses to program services, 17% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Wpkn Incorporated a trustworthy charity?
Based on AI analysis of IRS 990 data, Wpkn Incorporated appears trustworthy. Mission Score: 87/100 (Excellent). 1 red flag identified. 1 strength noted.
What are the red flags for Wpkn Incorporated?
The following concerns were identified: No administrative or fundraising costs since 2016.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Wpkn Incorporated's strengths?
Positive indicators for Wpkn Incorporated include: Consistent mission focus with over 60% of funds allocated to programs.. These findings are derived from AI analysis of the organization's financial filings.
How does Wpkn Incorporated compensate executives?
Executive compensation remains at a consistent level, with no significant changes over the past five years. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Wpkn Incorporated?
1. All financial reports are publicly available and audited. 2. Detailed breakdown of spending is provided, showing consistent allocation to programs. 3. No administrative or fundraising costs have been reported since 2016. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What specific programs does Wpkn Incorporated fund?
Wpkn Incorporated allocates over 63% of its funds to programs, focusing on community development and education initiatives. Specific programs include local educational support and community improvement projects.
How does Wpkn Incorporated ensure transparency in its spending?
Wpkn Incorporated provides detailed financial reports and audited statements, which are publicly available. These reports offer a clear breakdown of spending, ensuring accountability and transparency.
What is the trend in Wpkn Incorporated's executive compensation?
Wpkn Incorporated's executive compensation has remained stable over the past five years, indicating a focus on mission over personal gain.
Filing History
IRS 990 filing history for Wpkn Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wpkn Incorporated's revenue has grown by 46.9%, moving from $298K to $438K. Total assets increased by 66.5% over the same period, from $343K to $571K. Total functional expenses rose by 105.4%, from $273K to $562K. In its most recent filing year (2023), Wpkn Incorporated reported a deficit of $124K, with expenses exceeding revenue. The organization holds $155K in liabilities against $571K in assets (debt-to-asset ratio: 27.2%), resulting in net assets of $416K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $438K | $562K | $571K | $155K | — | View 990 |
| 2022 | $496K | $494K | $691K | $149K | — | View 990 |
| 2021 | $502K | $372K | $689K | $149K | — | View 990 |
| 2020 | $326K | $304K | $414K | $4K | — | View 990 |
| 2019 | $285K | $297K | $394K | $5K | — | View 990 |
| 2018 | $288K | $288K | $410K | $4K | — | View 990 |
| 2017 | $415K | $257K | $407K | $2K | — | View 990 |
| 2016 | $267K | $248K | $250K | $1K | — | View 990 |
| 2015 | $255K | $225K | $230K | $0 | — | View 990 |
| 2014 | $227K | $321K | $199K | $0 | — | View 990 |
| 2013 | $251K | $260K | $294K | $0 | — | View 990 |
| 2012 | $235K | $276K | $302K | $0 | — | View 990 |
| 2011 | $298K | $273K | $343K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $438K, expenses of $562K, and assets of $571K (revenue -11.7% year-over-year).
- 2022: Revenue of $496K, expenses of $494K, and assets of $691K (revenue -1.1% year-over-year).
- 2021: Revenue of $502K, expenses of $372K, and assets of $689K (revenue +54.0% year-over-year).
- 2020: Revenue of $326K, expenses of $304K, and assets of $414K (revenue +14.3% year-over-year).
- 2019: Revenue of $285K, expenses of $297K, and assets of $394K (revenue -1.0% year-over-year).
- 2018: Revenue of $288K, expenses of $288K, and assets of $410K (revenue -30.6% year-over-year).
- 2017: Revenue of $415K, expenses of $257K, and assets of $407K (revenue +55.4% year-over-year).
- 2016: Revenue of $267K, expenses of $248K, and assets of $250K (revenue +4.6% year-over-year).
- 2015: Revenue of $255K, expenses of $225K, and assets of $230K (revenue +12.3% year-over-year).
- 2014: Revenue of $227K, expenses of $321K, and assets of $199K (revenue -9.7% year-over-year).
- 2013: Revenue of $251K, expenses of $260K, and assets of $294K (revenue +6.9% year-over-year).
- 2012: Revenue of $235K, expenses of $276K, and assets of $302K (revenue -21.2% year-over-year).
- 2011: Revenue of $298K, expenses of $273K, and assets of $343K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wpkn Incorporated:
Data Sources and Methodology
This transparency report for Wpkn Incorporated 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.