Wyoming All Breeds Racing Association 2 Inc
EIN: 472668707 · Lander, WY · NTEE: K26
| Metric | Value |
|---|---|
| Total Revenue | $227K |
| Total Expenses | $239K |
| Net Assets | $116K |
Is Wyoming All Breeds Racing Association 2 Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wyoming All Breeds Racing Association 2 Inc
Wyoming All Breeds Racing Association 2 Inc (EIN: 472668707) is a nonprofit organization based in Lander, WY, classified under NTEE code K26. The organization reported total revenue of $227K and total assets of $118K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wyoming All Breeds Racing Association 2 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wyoming All Breeds Racing Association 2 Inc is a small nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $238K |
| Total Expenses | $239K |
| Surplus / Deficit | $-1,626 |
| Total Assets | $116K |
| Net Assets | $116K |
| Operating Margin | -0.7% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2023, Wyoming All Breeds Racing Association 2 Inc reported a deficit of $2K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate).
Financial Trends
Over 9 years of filings (2015–2023), Wyoming All Breeds Racing Association 2 Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.3% | +30.9% | -1.4% |
| 2022 | -6.8% | +1.6% | -5.7% |
| 2021 | +76.6% | +112.7% | +7.5% |
| 2020 | +58.7% | +62.4% | +23.6% |
| 2019 | +5.5% | -5.3% | +19.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wyoming All Breeds Racing Association 2 Inc 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 Wyoming All Breeds Racing Association 2 Inc 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 $2K, with expenses exceeding revenue.
Frequently Asked Questions about Wyoming All Breeds Racing Association 2 Inc
Is Wyoming All Breeds Racing Association 2 Inc a legitimate charity?
Wyoming All Breeds Racing Association 2 Inc (EIN: 472668707) is a registered tax-exempt nonprofit based in Wyoming. It has 9 years of IRS 990 filings on record. Total revenue: $227K. No red flags identified. Financial health grade: B.
How does Wyoming All Breeds Racing Association 2 Inc spend its money?
Wyoming All Breeds Racing Association 2 Inc reported $227K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wyoming All Breeds Racing Association 2 Inc tax-deductible?
Wyoming All Breeds Racing Association 2 Inc is registered as a tax-exempt nonprofit (EIN: 472668707). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wyoming All Breeds Racing Association 2 Inc located?
Wyoming All Breeds Racing Association 2 Inc is headquartered in Lander, Wyoming and files with the IRS under EIN 472668707. It is classified under NTEE code K26.
How many years of IRS 990 filings does Wyoming All Breeds Racing Association 2 Inc have?
Wyoming All Breeds Racing Association 2 Inc has 9 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 $227K in total revenue.
Filing History
IRS 990 filing history for Wyoming All Breeds Racing Association 2 Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Wyoming All Breeds Racing Association 2 Inc's revenue has grown by 142.3%, moving from $98K to $238K. Total assets increased by 178.4% over the same period, from $42K to $116K. Total functional expenses rose by 325.5%, from $56K to $239K. In its most recent filing year (2023), Wyoming All Breeds Racing Association 2 Inc reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $238K | $239K | $116K | $0 | — | — |
| 2022 | $176K | $183K | $118K | $0 | — | View 990 |
| 2021 | $188K | $180K | $125K | $0 | — | View 990 |
| 2020 | $107K | $84K | $116K | $0 | — | — |
| 2019 | $67K | $52K | $94K | $0 | — | View 990 |
| 2018 | $64K | $55K | $79K | $0 | — | View 990 |
| 2017 | $81K | $76K | $70K | $0 | — | View 990 |
| 2016 | $117K | $94K | $65K | $0 | — | View 990 |
| 2015 | $98K | $56K | $42K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $238K, expenses of $239K, and assets of $116K (revenue +35.3% year-over-year).
- 2022: Revenue of $176K, expenses of $183K, and assets of $118K (revenue -6.8% year-over-year).
- 2021: Revenue of $188K, expenses of $180K, and assets of $125K (revenue +76.6% year-over-year).
- 2020: Revenue of $107K, expenses of $84K, and assets of $116K (revenue +58.7% year-over-year).
- 2019: Revenue of $67K, expenses of $52K, and assets of $94K (revenue +5.5% year-over-year).
- 2018: Revenue of $64K, expenses of $55K, and assets of $79K (revenue -21.7% year-over-year).
- 2017: Revenue of $81K, expenses of $76K, and assets of $70K (revenue -30.7% year-over-year).
- 2016: Revenue of $117K, expenses of $94K, and assets of $65K (revenue +19.8% year-over-year).
- 2015: Revenue of $98K, expenses of $56K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wyoming All Breeds Racing Association 2 Inc:
Data Sources and Methodology
This transparency report for Wyoming All Breeds Racing Association 2 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.