Danbury Forest Community Association
EIN: 237194357 · Springfield, VA
| Metric | Value |
|---|---|
| Total Revenue | $445K |
| Total Expenses | $341K |
| Net Assets | $612K |
Is Danbury Forest Community Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Danbury Forest Community Association
Danbury Forest Community Association (EIN: 237194357) is a nonprofit organization based in Springfield, VA. The organization reported total revenue of $445K and total assets of $772K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Danbury Forest Community Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Danbury Forest Community Association is a small nonprofit that has been operating for 53 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $404K |
| Total Expenses | $341K |
| Surplus / Deficit | +$62K |
| Total Assets | $719K |
| Total Liabilities | $107K |
| Net Assets | $612K |
| Operating Margin | 15.5% |
| Debt-to-Asset Ratio | 14.8% |
| Months of Reserves | 25.3 months |
Financial Health Grade: A
In 2023, Danbury Forest Community Association reported a surplus of $62K with revenue exceeding expenses, holds 25.3 months of operating reserves (strong position), has a debt-to-asset ratio of 14.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Danbury Forest Community Association's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.8% | +1.0% | +16.9% |
| 2022 | -13.1% | +9.5% | -9.8% |
| 2021 | -20.1% | -63.8% | +23.0% |
| 2020 | +28.4% | +193.7% | -42.7% |
| 2019 | +5.6% | +12.2% | +16.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Danbury Forest Community Association 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 Danbury Forest Community Association 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 surplus of $62K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.8%.
Frequently Asked Questions about Danbury Forest Community Association
Is Danbury Forest Community Association a legitimate charity?
Danbury Forest Community Association (EIN: 237194357) is a registered tax-exempt nonprofit based in Virginia. It has 14 years of IRS 990 filings on record. Total revenue: $445K. No red flags identified. Financial health grade: A.
How does Danbury Forest Community Association spend its money?
Danbury Forest Community Association reported $445K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Danbury Forest Community Association tax-deductible?
Danbury Forest Community Association is registered as a tax-exempt nonprofit (EIN: 237194357). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Danbury Forest Community Association located?
Danbury Forest Community Association is headquartered in Springfield, Virginia and files with the IRS under EIN 237194357.
How many years of IRS 990 filings does Danbury Forest Community Association have?
Danbury Forest Community Association 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 $445K in total revenue.
Filing History
IRS 990 filing history for Danbury Forest Community Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Danbury Forest Community Association's revenue has grown by 34.7%, moving from $300K to $404K. Total assets increased by 40.4% over the same period, from $512K to $719K. Total functional expenses fell by 2.4%, from $350K to $341K. In its most recent filing year (2023), Danbury Forest Community Association reported a surplus of $62K, with revenue exceeding expenses. The organization holds $107K in liabilities against $719K in assets (debt-to-asset ratio: 14.8%), resulting in net assets of $612K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $404K | $341K | $719K | $107K | — | — |
| 2022 | $337K | $338K | $615K | $62K | — | — |
| 2021 | $388K | $308K | $681K | $106K | — | View 990 |
| 2020 | $485K | $852K | $554K | $60K | — | — |
| 2019 | $378K | $290K | $967K | $59K | — | View 990 |
| 2018 | $358K | $259K | $827K | $68K | — | View 990 |
| 2017 | $358K | $265K | $768K | $83K | — | View 990 |
| 2016 | $348K | $325K | $635K | $66K | — | View 990 |
| 2015 | $345K | $300K | $574K | $60K | — | View 990 |
| 2014 | $335K | $309K | $555K | $52K | — | View 990 |
| 2013 | $348K | $351K | $543K | $59K | — | View 990 |
| 2012 | $324K | $323K | $597K | $110K | — | View 990 |
| 2011 | $295K | $289K | $522K | $54K | — | View 990 |
| 2010 | $300K | $350K | $512K | $48K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $404K, expenses of $341K, and assets of $719K (revenue +19.8% year-over-year).
- 2022: Revenue of $337K, expenses of $338K, and assets of $615K (revenue -13.1% year-over-year).
- 2021: Revenue of $388K, expenses of $308K, and assets of $681K (revenue -20.1% year-over-year).
- 2020: Revenue of $485K, expenses of $852K, and assets of $554K (revenue +28.4% year-over-year).
- 2019: Revenue of $378K, expenses of $290K, and assets of $967K (revenue +5.6% year-over-year).
- 2018: Revenue of $358K, expenses of $259K, and assets of $827K (revenue -0.2% year-over-year).
- 2017: Revenue of $358K, expenses of $265K, and assets of $768K (revenue +2.8% year-over-year).
- 2016: Revenue of $348K, expenses of $325K, and assets of $635K (revenue +1.1% year-over-year).
- 2015: Revenue of $345K, expenses of $300K, and assets of $574K (revenue +2.8% year-over-year).
- 2014: Revenue of $335K, expenses of $309K, and assets of $555K (revenue -3.6% year-over-year).
- 2013: Revenue of $348K, expenses of $351K, and assets of $543K (revenue +7.4% year-over-year).
- 2012: Revenue of $324K, expenses of $323K, and assets of $597K (revenue +9.5% year-over-year).
- 2011: Revenue of $295K, expenses of $289K, and assets of $522K (revenue -1.4% year-over-year).
- 2010: Revenue of $300K, expenses of $350K, and assets of $512K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Danbury Forest Community Association:
Data Sources and Methodology
This transparency report for Danbury Forest Community Association 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.