Charlottesville Tomorrow
Charlottesville Tomorrow shows strong revenue growth and increasing assets with no reported officer compensation.
EIN: 203013557 · Charlottesvle, VA · NTEE: S05 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $653K |
| Program Spending | 80% |
| Net Assets | $381K |
| Transparency Score | 85/100 |
Is Charlottesville Tomorrow Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Charlottesville Tomorrow directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Charlottesville Tomorrow
Charlottesville Tomorrow (EIN: 203013557) is a nonprofit organization based in Charlottesvle, VA, classified under NTEE code S05. The organization reported total revenue of $1.3M and total assets of $784K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charlottesville Tomorrow's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charlottesville Tomorrow is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $653K |
| Surplus / Deficit | +$358K |
| Total Assets | $409K |
| Total Liabilities | $28K |
| Net Assets | $381K |
| Operating Margin | 35.4% |
| Debt-to-Asset Ratio | 6.9% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2023, Charlottesville Tomorrow reported a surplus of $358K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 6.9% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Charlottesville Tomorrow's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.7% | -3.6% | +705.0% |
| 2022 | +3.7% | -10.0% | -6.5% |
| 2021 | -8.7% | +13.9% | -56.7% |
| 2020 | +53.1% | +11.9% | +156.5% |
| 2019 | -2.2% | +14.8% | -70.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Charlottesville Tomorrow with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Charlottesville Tomorrow allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $358K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.9%.
Executive Compensation Analysis
Charlottesville Tomorrow consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization of its size and revenue, and suggests either a volunteer leadership model or that compensation is reported under other expense categories.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Charlottesville Tomorrow's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization with over $1M in revenue and may indicate compensation is categorized differently or leadership is entirely volunteer.
Strengths
The following positive indicators were identified for Charlottesville Tomorrow:
- Significant revenue growth from $481,385 in 2019 to $1,010,240 in 2023.
- Substantial increase in assets from $48,936 in 2019 to $409,444 in 2023, indicating financial strengthening.
- Low liabilities relative to assets, suggesting good financial management.
- Consistent filing of IRS Form 990s over 14 periods, demonstrating transparency and compliance.
Frequently Asked Questions about Charlottesville Tomorrow
Is Charlottesville Tomorrow a legitimate charity?
Charlottesville Tomorrow (EIN: 203013557) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.3M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Charlottesville Tomorrow spend its money?
Charlottesville Tomorrow directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Charlottesville Tomorrow tax-deductible?
Charlottesville Tomorrow is registered as a tax-exempt nonprofit (EIN: 203013557). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Charlottesville Tomorrow's spending goes to programs?
Charlottesville Tomorrow directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Charlottesville Tomorrow compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Charlottesville Tomorrow is above average for NTEE category S05 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Charlottesville Tomorrow located?
Charlottesville Tomorrow is headquartered in Charlottesvle, Virginia and files with the IRS under EIN 203013557. It is classified under NTEE code S05.
How many years of IRS 990 filings does Charlottesville Tomorrow have?
Charlottesville Tomorrow has 14 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 $1.3M in total revenue.
Is Charlottesville Tomorrow financially stable?
Yes, Charlottesville Tomorrow appears financially stable. Their revenue has consistently grown, reaching $1,010,240 in 2023, and their assets have significantly increased to $409,444 in the same period, while liabilities remain low.
How has Charlottesville Tomorrow's revenue changed over time?
Charlottesville Tomorrow has experienced substantial revenue growth, more than doubling from $481,385 in 2019 to $1,010,240 in 2023, indicating increasing support and operational scale.
What is the trend in Charlottesville Tomorrow's assets?
The organization's assets have shown a strong upward trend, particularly in recent years, growing from $48,936 in 2019 to $409,444 in 2023, suggesting a healthy accumulation of financial resources.
Filing History
IRS 990 filing history for Charlottesville Tomorrow showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Charlottesville Tomorrow's revenue has grown by 299.2%, moving from $253K to $1.0M. Total assets increased by 2680% over the same period, from $15K to $409K. Total functional expenses rose by 162%, from $249K to $653K. In its most recent filing year (2023), Charlottesville Tomorrow reported a surplus of $358K, with revenue exceeding expenses. The organization holds $28K in liabilities against $409K in assets (debt-to-asset ratio: 6.9%), resulting in net assets of $381K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $653K | $409K | $28K | — | — |
| 2022 | $698K | $677K | $51K | $8K | — | View 990 |
| 2021 | $673K | $752K | $54K | $31K | — | View 990 |
| 2020 | $737K | $661K | $126K | $14K | — | View 990 |
| 2019 | $481K | $591K | $49K | $15K | — | View 990 |
| 2018 | $492K | $515K | $165K | $2K | — | View 990 |
| 2017 | $460K | $398K | $112K | $5K | — | View 990 |
| 2016 | $410K | $370K | $54K | $8K | — | View 990 |
| 2015 | $406K | $392K | $12K | $7K | — | View 990 |
| 2014 | $336K | $386K | $35K | $43K | — | View 990 |
| 2013 | $237K | $305K | $48K | $6K | — | View 990 |
| 2012 | $421K | $352K | $129K | $4K | — | View 990 |
| 2011 | $330K | $284K | $63K | $6K | — | View 990 |
| 2010 | $253K | $249K | $15K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $653K, and assets of $409K (revenue +44.7% year-over-year).
- 2022: Revenue of $698K, expenses of $677K, and assets of $51K (revenue +3.7% year-over-year).
- 2021: Revenue of $673K, expenses of $752K, and assets of $54K (revenue -8.7% year-over-year).
- 2020: Revenue of $737K, expenses of $661K, and assets of $126K (revenue +53.1% year-over-year).
- 2019: Revenue of $481K, expenses of $591K, and assets of $49K (revenue -2.2% year-over-year).
- 2018: Revenue of $492K, expenses of $515K, and assets of $165K (revenue +7.1% year-over-year).
- 2017: Revenue of $460K, expenses of $398K, and assets of $112K (revenue +12.1% year-over-year).
- 2016: Revenue of $410K, expenses of $370K, and assets of $54K (revenue +1.1% year-over-year).
- 2015: Revenue of $406K, expenses of $392K, and assets of $12K (revenue +20.8% year-over-year).
- 2014: Revenue of $336K, expenses of $386K, and assets of $35K (revenue +41.8% year-over-year).
- 2013: Revenue of $237K, expenses of $305K, and assets of $48K (revenue -43.8% year-over-year).
- 2012: Revenue of $421K, expenses of $352K, and assets of $129K (revenue +27.8% year-over-year).
- 2011: Revenue of $330K, expenses of $284K, and assets of $63K (revenue +30.3% year-over-year).
- 2010: Revenue of $253K, expenses of $249K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charlottesville Tomorrow:
Data Sources and Methodology
This transparency report for Charlottesville Tomorrow 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.