College Ministries Of Virginia

College Ministries Of Virginia maintains stable operations with growing assets largely offset by increasing liabilities.

EIN: 208955110 · Mechanicsvlle, VA · NTEE: T20 · Updated: 2026-03-28

$884KRevenue

$132KAssets

75/100Mission Score (Good)

T20

About College Ministries Of Virginia

College Ministries Of Virginia (EIN: 208955110) is a nonprofit organization based in Mechanicsvlle, VA, classified under NTEE code T20. The organization reported total revenue of $884K and total assets of $132K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of College Ministries Of Virginia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

College Ministries Of Virginia demonstrates consistent operational activity, with revenues and expenses generally in a similar range over the past decade. The organization's assets have shown significant growth, particularly between 2017 and 2018, jumping from $4,504 to $411,711, and have remained relatively stable around the $400,000 mark in recent years. However, a substantial portion of these assets are offset by liabilities, which have also increased significantly and consistently, reaching $297,440 in 2023. This indicates a reliance on debt or restricted funds, which warrants closer examination to understand the nature of these liabilities and their impact on financial flexibility.

The organization consistently reports 0% officer compensation, which is a positive indicator for donor confidence regarding executive pay. While the provided data doesn't detail the breakdown of expenses into program, administrative, and fundraising categories, the overall financial picture suggests a stable, albeit tightly managed, operation. The consistent reporting of expenses often exceeding revenue in recent years (e.g., 2023: Revenue $350,231, Expenses $385,894; 2022: Revenue $421,528, Expenses $445,775) suggests the organization is either drawing down reserves or relying on new funding sources to cover operational gaps, which could be a concern if it becomes a long-term trend without corresponding asset growth.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates College Ministries Of Virginia with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, College Ministries Of Virginia allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly favorable for donor perception and resource allocation.

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 College Ministries Of Virginia's IRS 990 filings:

Consistent expenses exceeding revenue in recent years (e.g., 2023, 2022, 2021) without clear explanation of funding sources for the deficit.
High and increasing liabilities relative to assets, reaching $297,440 in 2023 against $406,195 in assets, which could indicate significant debt or restricted funds.

Strengths

The following positive indicators were identified for College Ministries Of Virginia:

Consistent reporting of 0% officer compensation, indicating efficient use of funds for executive pay.
Significant growth in assets from $4,504 in 2017 to over $400,000 in recent years, demonstrating capacity for asset accumulation.
Stable revenue and expense levels over the past decade, suggesting consistent operational activity.

Frequently Asked Questions about College Ministries Of Virginia

Is College Ministries Of Virginia a good charity?

Based on the available data, College Ministries Of Virginia appears to be a financially stable organization with a strong commitment to not compensating its officers. However, the consistent trend of expenses exceeding revenue in recent years and the high proportion of liabilities relative to assets warrant further investigation to fully assess its long-term financial health and sustainability.

Why are liabilities so high for College Ministries Of Virginia?

The liabilities have significantly increased, reaching $297,440 in 2023, which is a substantial portion of its $406,195 in assets. The nature of these liabilities (e.g., mortgages, program-specific restricted funds, accounts payable) is not detailed in the provided summary but is a critical area for further inquiry to understand the organization's financial obligations and flexibility.

How does College Ministries Of Virginia cover its expenses when they exceed revenue?

In several recent periods (e.g., 2023, 2022, 2021), expenses have exceeded revenue. This suggests the organization may be utilizing prior year surpluses, drawing on reserves, or relying on new funding sources not fully captured in the 'revenue' figure to cover operational costs. This trend, if sustained, could impact long-term financial stability.

Filing History

IRS 990 filing history for College Ministries Of Virginia showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), College Ministries Of Virginia's revenue has grown by 231.7%, moving from $106K to $350K. Total assets increased by 284.7% over the same period, from $106K to $406K. Total functional expenses rose by 250.3%, from $110K to $386K. In its most recent filing year (2023), College Ministries Of Virginia reported a deficit of $36K, with expenses exceeding revenue. The organization holds $297K in liabilities against $406K in assets (debt-to-asset ratio: 73.2%), resulting in net assets of $109K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$350K	$386K	$406K	$297K	—	—
2022	$422K	$446K	$414K	$313K	—	—
2021	$375K	$386K	$399K	$329K	—	View 990
2019	$368K	$362K	$417K	$335K	—	View 990
2018	$383K	$347K	$412K	$345K	—	View 990
2017	$279K	$290K	$5K	$0	—	View 990
2016	$241K	$225K	$16K	$0	—	View 990
2015	$202K	$202K	$-505	$0	—	View 990
2014	$124K	$135K	$-5,808	$0	—	View 990
2013	$102K	$97K	$5K	$0	—	View 990
2012	$86K	$89K	$414	$0	—	View 990
2011	$106K	$110K	$106K	$110K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $350K, expenses of $386K, and assets of $406K (revenue -16.9% year-over-year).
2022: Revenue of $422K, expenses of $446K, and assets of $414K (revenue +12.3% year-over-year).
2021: Revenue of $375K, expenses of $386K, and assets of $399K (revenue +2.0% year-over-year).
2019: Revenue of $368K, expenses of $362K, and assets of $417K (revenue -4.0% year-over-year).
2018: Revenue of $383K, expenses of $347K, and assets of $412K (revenue +37.4% year-over-year).
2017: Revenue of $279K, expenses of $290K, and assets of $5K (revenue +15.6% year-over-year).
2016: Revenue of $241K, expenses of $225K, and assets of $16K (revenue +19.6% year-over-year).
2015: Revenue of $202K, expenses of $202K, and assets of $-505 (revenue +62.1% year-over-year).
2014: Revenue of $124K, expenses of $135K, and assets of $-5,808 (revenue +21.9% year-over-year).
2013: Revenue of $102K, expenses of $97K, and assets of $5K (revenue +18.5% year-over-year).
2012: Revenue of $86K, expenses of $89K, and assets of $414 (revenue -18.4% year-over-year).
2011: Revenue of $106K, expenses of $110K, and assets of $106K.

Data Sources and Methodology

This transparency report for College Ministries Of Virginia 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.