Quick charity verification for Virginia Loggers Association Inc (EIN: 201495134)
Verdict: Virginia Loggers Association Inc appears trustworthy
92/100Mission Score
$398KRevenue
$246KAssets
2Red Flags
5Strengths
Red Flags
Unusually low reported liabilities relative to assets, which could indicate very conservative accounting or minimal operational debt.
0% reported officer compensation for an organization with growing revenue and assets, which, while positive, is atypical and might warrant further inquiry into how leadership is sustained.
Strengths
Strong program spending efficiency, with the vast majority of expenses directed towards mission-related activities.
Consistent revenue growth over the past decade, indicating increasing support and operational capacity.
Healthy asset growth, from $51,333 in 2014 to $242,679 in 2023, demonstrating sound financial management.
Extremely low liabilities, indicating financial stability and minimal debt burden.
No reported officer compensation across all filings, suggesting a highly dedicated and potentially volunteer-led executive team.
Spending Breakdown
How Virginia Loggers Association Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
3%
Admin Costs
Reasonable — admin costs in check
2%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Virginia Loggers Association Inc
Is Virginia Loggers Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Virginia Loggers Association Inc (EIN: 201495134) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Virginia Loggers Association Inc a good charity to donate to?
Virginia Loggers Association Inc has a Mission Score of 92/100. Revenue: $398K. Assets: $246K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Virginia Loggers Association Inc?
The Employer Identification Number (EIN) for Virginia Loggers Association Inc is 201495134. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Virginia Loggers Association Inc spend its money?
Virginia Loggers Association Inc allocates 95% to programs, 3% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Virginia Loggers Association Inc's tax-exempt status?
You can verify Virginia Loggers Association Inc's tax-exempt status using EIN 201495134 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Virginia Loggers Association Inc demonstrates consistent financial growth and strong program spending efficiency. Over the past decade, the organization's revenue has steadily increased from $148,191 in 2014 to $339,417 in 2023, indicating a healthy upward trend in support and operations. Their assets have also grown significantly, from $51,333 in 2014 to $242,679 in 2023, suggesting sound financial management and accumulation of resources. The organization consistently spends a very high percentage of its expenses on program services, with administrative and fundraising costs being minimal.
Spending efficiency is a major strength, as evidenced by the consistently low liabilities and the fact that no officer compensation has been reported across all available filings. This indicates that the organization is primarily volunteer-led at the executive level, or that compensation is covered by other means not reported as officer compensation on the 990, which is a positive sign for donors looking for their contributions to directly support the mission. The organization's financial health appears robust, with revenues consistently exceeding expenses, allowing for asset growth.
Transparency is high given the consistent filing of IRS Form 990s and the clear allocation of resources. The absence of officer compensation is a notable point, suggesting a lean operational structure focused on maximizing mission-related expenditures. The organization's financial trajectory shows a well-managed entity effectively utilizing its resources to achieve its objectives within the logging industry.