Is Village Wrap Inc Legit?

Quick charity verification for Village Wrap Inc (EIN: 113786401)

Verdict: Village Wrap Inc appears trustworthy

88/100Mission Score
$285KRevenue
$36KAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

AI Transparency Report

Village Wrap Inc demonstrates a consistent operational history with revenues growing from $118,454 in 2015 to $285,182 in 2019. The organization has maintained a healthy financial position, consistently reporting zero liabilities in its most recent filings (2016-2019), indicating strong fiscal management and no reliance on debt. While assets have fluctuated, they remain positive, with $36,374 reported in 2019. The absence of officer compensation across all reported periods suggests a volunteer-driven leadership model, which can be a positive indicator of resource allocation directly to mission-related activities. The organization's spending efficiency appears strong, with expenses generally tracking below revenue, allowing for modest asset accumulation. For instance, in 2019, expenses were $250,496 against revenues of $285,182, leaving a surplus. The lack of detailed expense breakdowns in the provided data makes a precise assessment of program versus administrative spending challenging, but the overall financial health seems stable. The consistent filing of IRS Form 990s over six periods indicates a commitment to regulatory compliance and basic transparency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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