Wright Track
EIN: 814256841 · Omaha, NE · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $95K |
| Net Assets | $-34,788 |
Is Wright Track Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wright Track
Wright Track (EIN: 814256841) is a nonprofit organization based in Omaha, NE, classified under NTEE code P20. The organization reported total revenue of $60K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wright Track's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wright Track is a micro nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $95K |
| Surplus / Deficit | $-34,789 |
| Total Assets | $1 |
| Total Liabilities | $35K |
| Net Assets | $-34,788 |
| Operating Margin | -58.2% |
| Debt-to-Asset Ratio | 3478900.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2023, Wright Track reported a deficit of $35K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 3478900.0% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Wright Track's revenue has declined at a compound annual growth rate (CAGR) of -6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.3% | +57.7% | +0.0% |
| 2022 | -29.4% | -0.2% | -100.0% |
| 2021 | +28.0% | +53.6% | +36.0% |
| 2020 | -36.9% | -50.6% | +1087100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wright Track 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 Track 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 $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3478900.0%.
Frequently Asked Questions about Wright Track
Is Wright Track a legitimate charity?
Wright Track (EIN: 814256841) is a registered tax-exempt nonprofit based in Nebraska. It has 5 years of IRS 990 filings on record. Total revenue: $60K. No red flags identified. Financial health grade: D.
How does Wright Track spend its money?
Wright Track reported $60K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wright Track tax-deductible?
Wright Track is registered as a tax-exempt nonprofit (EIN: 814256841). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wright Track located?
Wright Track is headquartered in Omaha, Nebraska and files with the IRS under EIN 814256841. It is classified under NTEE code P20.
How many years of IRS 990 filings does Wright Track have?
Wright Track has 5 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 $60K in total revenue.
Filing History
IRS 990 filing history for Wright Track showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Wright Track's revenue has declined by 24.6%, moving from $79K to $60K. Total assets increased by 0% over the same period, from $1 to $1. Total functional expenses rose by 19.3%, from $79K to $95K. In its most recent filing year (2023), Wright Track reported a deficit of $35K, with expenses exceeding revenue. The organization holds $35K in liabilities against $1 in assets (debt-to-asset ratio: 3478900.0%), resulting in net assets of $-34,788.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $60K | $95K | $1 | $35K | — | — |
| 2022 | $45K | $60K | $1 | $0 | — | — |
| 2021 | $64K | $60K | $15K | $0 | — | View 990 |
| 2020 | $50K | $39K | $11K | $0 | — | — |
| 2019 | $79K | $79K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $60K, expenses of $95K, and assets of $1 (revenue +32.3% year-over-year).
- 2022: Revenue of $45K, expenses of $60K, and assets of $1 (revenue -29.4% year-over-year).
- 2021: Revenue of $64K, expenses of $60K, and assets of $15K (revenue +28.0% year-over-year).
- 2020: Revenue of $50K, expenses of $39K, and assets of $11K (revenue -36.9% year-over-year).
- 2019: Revenue of $79K, expenses of $79K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wright Track:
Data Sources and Methodology
This transparency report for Wright Track 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.