Clay County Veterans Memorial Fund
EIN: 264407477 · Maysel, WV · NTEE: A80
| Metric | Value |
|---|---|
| Total Expenses | $425 |
| Net Assets | $51K |
Is Clay County Veterans Memorial Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Clay County Veterans Memorial Fund
Clay County Veterans Memorial Fund (EIN: 264407477) is a nonprofit organization based in Maysel, WV, classified under NTEE code A80. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Clay County Veterans Memorial Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Clay County Veterans Memorial Fund is a micro nonprofit that has been operating for 16 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $17K |
| Total Expenses | $425 |
| Surplus / Deficit | +$16K |
| Total Assets | $51K |
| Net Assets | $51K |
| Operating Margin | 97.4% |
| Months of Reserves | 1426.0 months |
Financial Health Grade: A
In 2021, Clay County Veterans Memorial Fund reported a surplus of $16K with revenue exceeding expenses, holds 1426.0 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2021), Clay County Veterans Memorial Fund's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +1183.6% | -96.4% | +47.2% |
| 2020 | +3497.2% | — | +3430700.0% |
| 2019 | -99.7% | -100.0% | -100.0% |
| 2018 | +37.4% | -46.5% | +36.5% |
| 2017 | +42.8% | +43.8% | +3307300.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Clay County Veterans Memorial Fund 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 Clay County Veterans Memorial Fund 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $16K, with revenue exceeding expenses.
Frequently Asked Questions about Clay County Veterans Memorial Fund
Is Clay County Veterans Memorial Fund a legitimate charity?
Clay County Veterans Memorial Fund (EIN: 264407477) is a registered tax-exempt nonprofit based in West Virginia. It has 11 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Clay County Veterans Memorial Fund spend its money?
Clay County Veterans Memorial Fund reported its financials in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Clay County Veterans Memorial Fund tax-deductible?
Clay County Veterans Memorial Fund is registered as a tax-exempt nonprofit (EIN: 264407477). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Clay County Veterans Memorial Fund located?
Clay County Veterans Memorial Fund is headquartered in Maysel, West Virginia and files with the IRS under EIN 264407477. It is classified under NTEE code A80.
How many years of IRS 990 filings does Clay County Veterans Memorial Fund have?
Clay County Veterans Memorial Fund has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Clay County Veterans Memorial Fund showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Clay County Veterans Memorial Fund's revenue has grown by 190%, moving from $6K to $17K. Total assets increased by 1137.6% over the same period, from $4K to $51K. Total functional expenses fell by 69.2%, from $1K to $425. In its most recent filing year (2021), Clay County Veterans Memorial Fund reported a surplus of $16K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $17K | $425 | $51K | $0 | — | — |
| 2020 | $1K | $12K | $34K | $0 | — | — |
| 2019 | $36 | $0 | $1 | $0 | — | View 990 |
| 2018 | $12K | $400 | $45K | $0 | — | View 990 |
| 2017 | $9K | $748 | $33K | $0 | — | View 990 |
| 2016 | $6K | $520 | $1 | $0 | — | View 990 |
| 2015 | $3K | $0 | $19K | $0 | — | View 990 |
| 2014 | $1K | $25 | $16K | $0 | — | View 990 |
| 2013 | $9K | $680 | $15K | $680 | — | View 990 |
| 2012 | $2K | $25 | $6K | $25 | — | View 990 |
| 2011 | $6K | $1K | $4K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $17K, expenses of $425, and assets of $51K (revenue +1183.6% year-over-year).
- 2020: Revenue of $1K, expenses of $12K, and assets of $34K (revenue +3497.2% year-over-year).
- 2019: Revenue of $36, expenses of $0, and assets of $1 (revenue -99.7% year-over-year).
- 2018: Revenue of $12K, expenses of $400, and assets of $45K (revenue +37.4% year-over-year).
- 2017: Revenue of $9K, expenses of $748, and assets of $33K (revenue +42.8% year-over-year).
- 2016: Revenue of $6K, expenses of $520, and assets of $1 (revenue +109.8% year-over-year).
- 2015: Revenue of $3K, expenses of $0, and assets of $19K (revenue +118.6% year-over-year).
- 2014: Revenue of $1K, expenses of $25, and assets of $16K (revenue -84.8% year-over-year).
- 2013: Revenue of $9K, expenses of $680, and assets of $15K (revenue +272.5% year-over-year).
- 2012: Revenue of $2K, expenses of $25, and assets of $6K (revenue -57.3% year-over-year).
- 2011: Revenue of $6K, expenses of $1K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Clay County Veterans Memorial Fund:
Data Sources and Methodology
This transparency report for Clay County Veterans Memorial Fund 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.