Avoca Museum And Historical Society
EIN: 541569294 · Altavista, VA · NTEE: A5AZ
| Metric | Value |
|---|---|
| Total Revenue | $283K |
| Total Expenses | $231K |
| Net Assets | $833K |
Is Avoca Museum And Historical Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Avoca Museum And Historical Society
Avoca Museum And Historical Society (EIN: 541569294) is a nonprofit organization based in Altavista, VA, classified under NTEE code A5AZ. The organization reported total revenue of $283K and total assets of $836K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Avoca Museum And Historical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Avoca Museum And Historical Society is a small nonprofit that has been operating for 34 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $231K |
| Total Expenses | $231K |
| Surplus / Deficit | $-290 |
| Total Assets | $836K |
| Total Liabilities | $3K |
| Net Assets | $833K |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 43.4 months |
Financial Health Grade: B
In 2023, Avoca Museum And Historical Society reported a deficit of $290 with expenses exceeding revenue, holds 43.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Avoca Museum And Historical Society's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +124.1% | +135.6% | +3.4% |
| 2022 | -5.2% | -0.6% | -8.0% |
| 2021 | -6.0% | -21.6% | +12.7% |
| 2020 | +7.6% | +8.6% | -3.3% |
| 2019 | -42.1% | -38.3% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Avoca Museum And Historical Society 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 Avoca Museum And Historical Society 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 $290, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Avoca Museum And Historical Society
Is Avoca Museum And Historical Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Avoca Museum And Historical Society (EIN: 541569294) insufficient data. 0 red flags identified, 0 strengths noted.
How does Avoca Museum And Historical Society spend its money?
Detailed spending breakdown data is not yet available for Avoca Museum And Historical Society. Check back for updated IRS 990 analysis.
Are donations to Avoca Museum And Historical Society tax-deductible?
Avoca Museum And Historical Society is registered as a tax-exempt nonprofit (EIN: 541569294). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Avoca Museum And Historical Society located?
Avoca Museum And Historical Society is headquartered in Altavista, Virginia and files with the IRS under EIN 541569294. It is classified under NTEE code A5AZ.
How many years of IRS 990 filings does Avoca Museum And Historical Society have?
Avoca Museum And Historical Society has 12 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 $283K in total revenue.
Filing History
IRS 990 filing history for Avoca Museum And Historical Society showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Avoca Museum And Historical Society's revenue has grown by 88.9%, moving from $122K to $231K. Total assets increased by 11.4% over the same period, from $751K to $836K. Total functional expenses rose by 56%, from $148K to $231K. In its most recent filing year (2023), Avoca Museum And Historical Society reported a deficit of $290, with expenses exceeding revenue. The organization holds $3K in liabilities against $836K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $833K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $231K | $231K | $836K | $3K | — | View 990 |
| 2022 | $103K | $98K | $809K | $3K | — | View 990 |
| 2021 | $109K | $99K | $879K | $5K | — | — |
| 2020 | $116K | $126K | $779K | $1K | — | View 990 |
| 2019 | $107K | $116K | $806K | $469 | — | View 990 |
| 2018 | $186K | $188K | $823K | $2K | — | View 990 |
| 2017 | $196K | $181K | $831K | $9K | — | View 990 |
| 2016 | $178K | $165K | $793K | $6K | — | View 990 |
| 2015 | $208K | $161K | $800K | $6K | — | View 990 |
| 2014 | $134K | $147K | $762K | $4K | — | View 990 |
| 2013 | $140K | $148K | $754K | $4K | — | View 990 |
| 2012 | $122K | $148K | $751K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $231K, expenses of $231K, and assets of $836K (revenue +124.1% year-over-year).
- 2022: Revenue of $103K, expenses of $98K, and assets of $809K (revenue -5.2% year-over-year).
- 2021: Revenue of $109K, expenses of $99K, and assets of $879K (revenue -6.0% year-over-year).
- 2020: Revenue of $116K, expenses of $126K, and assets of $779K (revenue +7.6% year-over-year).
- 2019: Revenue of $107K, expenses of $116K, and assets of $806K (revenue -42.1% year-over-year).
- 2018: Revenue of $186K, expenses of $188K, and assets of $823K (revenue -5.5% year-over-year).
- 2017: Revenue of $196K, expenses of $181K, and assets of $831K (revenue +10.2% year-over-year).
- 2016: Revenue of $178K, expenses of $165K, and assets of $793K (revenue -14.3% year-over-year).
- 2015: Revenue of $208K, expenses of $161K, and assets of $800K (revenue +55.2% year-over-year).
- 2014: Revenue of $134K, expenses of $147K, and assets of $762K (revenue -4.2% year-over-year).
- 2013: Revenue of $140K, expenses of $148K, and assets of $754K (revenue +14.4% year-over-year).
- 2012: Revenue of $122K, expenses of $148K, and assets of $751K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Avoca Museum And Historical Society:
Data Sources and Methodology
This transparency report for Avoca Museum And Historical Society 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.