Wiquapaug Eastern Pequot Indian Tribe

Nonprofit profile at a glance

EIN
464096334
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
Bradford, RI, USA
Phone
4013774332
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Reported finances

Revenue
$600
Expenses
$215
Assets
$2,076
Liabilities
$1,549

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • Byron O Brown (Chief)
  • Michael R Winters (Director)
  • Rodman D Bourne (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Wiquapaug Eastern Pequot Indian Tribe (WEPIT) is organized as a Native American Tribe for the purpose of local self-government. Activities of WEPIT have been, are, and will continue to be as is stated in the Tribal Constitution, By-Laws and Formation Documents. That necessarily includes the promotion of education of members and non-members and the understanding of history, language, religion, and arts and crafts; as well as the acquisition, preservation, conservation and development of Tribal Lands.

What it reported doing in 2024

The Wiquapaug Eastern Pequot Indian Tribe (WEPIT) is organized as a Native American Tribe for the purpose of local self-government.

Operating model

Revenue model
Donor-supported. 67% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 82
  • Sustainability: 79
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 35.8%; rating input score 36
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 64.2%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 9.66; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.75; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -7.5% per year; rating input score 0; 31st percentile among comparable filings
  • Revenue growth: -3.6% per year; rating input score 0; 38th percentile among comparable filings
  • Asset growth: -0.8% per year; rating input score 0; 35th percentile among comparable filings

Details

  • Where the money goes: 35.8% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $215 in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.