Wyoming Free Tax Service
EIN: 262984070 · Cheyenne, WY · NTEE: P99
| Metric | Value |
|---|---|
| Total Expenses | $66K |
| Net Assets | $42K |
Is Wyoming Free Tax Service Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wyoming Free Tax Service
Wyoming Free Tax Service (EIN: 262984070) is a nonprofit organization based in Cheyenne, WY, classified under NTEE code P99. 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 Wyoming Free Tax Service's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wyoming Free Tax Service is a micro nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $66K |
| Total Expenses | $66K |
| Surplus / Deficit | +$0 |
| Total Assets | $42K |
| Net Assets | $42K |
| Operating Margin | 0.0% |
| Months of Reserves | 7.6 months |
Financial Health Grade: A
In 2020, Wyoming Free Tax Service reported a surplus of $0 with revenue exceeding expenses, holds 7.6 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), Wyoming Free Tax Service's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +20.0% | +20.0% | +20.5% |
| 2019 | +5.8% | +5.8% | +13.4% |
| 2018 | +0.0% | +0.0% | +0.0% |
| 2017 | +4.0% | +4.0% | +0.0% |
| 2016 | +0.0% | +0.0% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wyoming Free Tax Service 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 Free Tax Service 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
Frequently Asked Questions about Wyoming Free Tax Service
Is Wyoming Free Tax Service a legitimate charity?
Wyoming Free Tax Service (EIN: 262984070) is a registered tax-exempt nonprofit based in Wyoming. It has 10 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Wyoming Free Tax Service spend its money?
Wyoming Free Tax Service reported its financials in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wyoming Free Tax Service tax-deductible?
Wyoming Free Tax Service is registered as a tax-exempt nonprofit (EIN: 262984070). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wyoming Free Tax Service located?
Wyoming Free Tax Service is headquartered in Cheyenne, Wyoming and files with the IRS under EIN 262984070. It is classified under NTEE code P99.
How many years of IRS 990 filings does Wyoming Free Tax Service have?
Wyoming Free Tax Service has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Wyoming Free Tax Service showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Wyoming Free Tax Service's revenue has grown by 25.1%, moving from $53K to $66K. Total assets increased by 182% over the same period, from $15K to $42K. Total functional expenses rose by 70.8%, from $39K to $66K. In its most recent filing year (2020), Wyoming Free Tax Service reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $66K | $66K | $42K | $0 | — | View 990 |
| 2019 | $55K | $55K | $35K | $0 | — | View 990 |
| 2018 | $52K | $52K | $31K | $0 | — | View 990 |
| 2017 | $52K | $52K | $31K | $0 | — | View 990 |
| 2016 | $50K | $50K | $31K | $0 | — | View 990 |
| 2015 | $50K | $50K | $31K | $0 | — | View 990 |
| 2014 | $48K | $48K | $32K | $0 | — | View 990 |
| 2013 | $50K | $47K | $31K | $0 | — | View 990 |
| 2012 | $52K | $39K | $28K | $0 | — | View 990 |
| 2011 | $53K | $39K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $66K, expenses of $66K, and assets of $42K (revenue +20.0% year-over-year).
- 2019: Revenue of $55K, expenses of $55K, and assets of $35K (revenue +5.8% year-over-year).
- 2018: Revenue of $52K, expenses of $52K, and assets of $31K (revenue +0.0% year-over-year).
- 2017: Revenue of $52K, expenses of $52K, and assets of $31K (revenue +4.0% year-over-year).
- 2016: Revenue of $50K, expenses of $50K, and assets of $31K (revenue +0.0% year-over-year).
- 2015: Revenue of $50K, expenses of $50K, and assets of $31K (revenue +4.2% year-over-year).
- 2014: Revenue of $48K, expenses of $48K, and assets of $32K (revenue -4.4% year-over-year).
- 2013: Revenue of $50K, expenses of $47K, and assets of $31K (revenue -3.8% year-over-year).
- 2012: Revenue of $52K, expenses of $39K, and assets of $28K (revenue -1.0% year-over-year).
- 2011: Revenue of $53K, expenses of $39K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wyoming Free Tax Service:
Data Sources and Methodology
This transparency report for Wyoming Free Tax Service 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.