Wright Hennepin Electric Tr
EIN: 411801974 · Rockford, MN · NTEE: P58J
| Metric | Value |
|---|---|
| Total Revenue | $269K |
| Total Expenses | $291K |
| Net Assets | $52K |
Is Wright Hennepin Electric Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wright Hennepin Electric Tr
Wright Hennepin Electric Tr (EIN: 411801974) is a nonprofit organization based in Rockford, MN, classified under NTEE code P58J. The organization reported total revenue of $269K and total assets of $50K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wright Hennepin Electric Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wright Hennepin Electric Tr is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $257K |
| Total Expenses | $291K |
| Surplus / Deficit | $-33,900 |
| Total Assets | $52K |
| Net Assets | $52K |
| Operating Margin | -13.2% |
| Months of Reserves | 2.2 months |
Financial Health Grade: C
In 2023, Wright Hennepin Electric Tr reported a deficit of $34K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Wright Hennepin Electric Tr's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | +16.6% | -39.4% |
| 2022 | +3.1% | +5.6% | +2.6% |
| 2021 | +3.6% | +6.8% | +10.5% |
| 2020 | +2.7% | +4.1% | +23.6% |
| 2019 | +2.5% | -21.8% | +38.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wright Hennepin Electric Tr 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 Wright Hennepin Electric Tr 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $34K, with expenses exceeding revenue.
Frequently Asked Questions about Wright Hennepin Electric Tr
Is Wright Hennepin Electric Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Wright Hennepin Electric Tr (EIN: 411801974) insufficient data. 0 red flags identified, 0 strengths noted.
How does Wright Hennepin Electric Tr spend its money?
Detailed spending breakdown data is not yet available for Wright Hennepin Electric Tr. Check back for updated IRS 990 analysis.
Are donations to Wright Hennepin Electric Tr tax-deductible?
Wright Hennepin Electric Tr is registered as a tax-exempt nonprofit (EIN: 411801974). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wright Hennepin Electric Tr located?
Wright Hennepin Electric Tr is headquartered in Rockford, Minnesota and files with the IRS under EIN 411801974. It is classified under NTEE code P58J.
How many years of IRS 990 filings does Wright Hennepin Electric Tr have?
Wright Hennepin Electric Tr 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 $269K in total revenue.
Filing History
IRS 990 filing history for Wright Hennepin Electric Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Wright Hennepin Electric Tr's revenue has grown by 34.4%, moving from $191K to $257K. Total assets decreased by 5.7% over the same period, from $55K to $52K. Total functional expenses rose by 46.4%, from $198K to $291K. In its most recent filing year (2023), Wright Hennepin Electric Tr reported a deficit of $34K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $257K | $291K | $52K | $0 | — | — |
| 2022 | $251K | $249K | $86K | $0 | — | View 990 |
| 2021 | $244K | $236K | $84K | $0 | — | View 990 |
| 2020 | $235K | $221K | $76K | $0 | — | — |
| 2019 | $229K | $212K | $61K | $0 | — | View 990 |
| 2018 | $224K | $271K | $44K | $0 | — | View 990 |
| 2017 | $217K | $182K | $92K | $0 | — | View 990 |
| 2016 | $213K | $211K | $57K | $0 | — | View 990 |
| 2015 | $207K | $226K | $55K | $0 | — | View 990 |
| 2014 | $204K | $268K | $74K | $0 | — | View 990 |
| 2013 | $201K | $133K | $137K | $0 | — | View 990 |
| 2012 | $196K | $182K | $69K | $0 | — | View 990 |
| 2011 | $191K | $198K | $55K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $257K, expenses of $291K, and assets of $52K (revenue +2.1% year-over-year).
- 2022: Revenue of $251K, expenses of $249K, and assets of $86K (revenue +3.1% year-over-year).
- 2021: Revenue of $244K, expenses of $236K, and assets of $84K (revenue +3.6% year-over-year).
- 2020: Revenue of $235K, expenses of $221K, and assets of $76K (revenue +2.7% year-over-year).
- 2019: Revenue of $229K, expenses of $212K, and assets of $61K (revenue +2.5% year-over-year).
- 2018: Revenue of $224K, expenses of $271K, and assets of $44K (revenue +2.8% year-over-year).
- 2017: Revenue of $217K, expenses of $182K, and assets of $92K (revenue +2.3% year-over-year).
- 2016: Revenue of $213K, expenses of $211K, and assets of $57K (revenue +2.4% year-over-year).
- 2015: Revenue of $207K, expenses of $226K, and assets of $55K (revenue +1.5% year-over-year).
- 2014: Revenue of $204K, expenses of $268K, and assets of $74K (revenue +1.5% year-over-year).
- 2013: Revenue of $201K, expenses of $133K, and assets of $137K (revenue +2.8% year-over-year).
- 2012: Revenue of $196K, expenses of $182K, and assets of $69K (revenue +2.5% year-over-year).
- 2011: Revenue of $191K, expenses of $198K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wright Hennepin Electric Tr:
Data Sources and Methodology
This transparency report for Wright Hennepin Electric Tr 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.