Dewitt Area Veterans Memorial Inc
EIN: 454759203 · Dewitt, IA · NTEE: W30
| Metric | Value |
|---|---|
| Total Revenue | $6K |
| Total Expenses | $9K |
| Net Assets | $39K |
Is Dewitt Area Veterans Memorial Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Dewitt Area Veterans Memorial Inc
Dewitt Area Veterans Memorial Inc (EIN: 454759203) is a nonprofit organization based in Dewitt, IA, classified under NTEE code W30. The organization reported total revenue of $6K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dewitt Area Veterans Memorial Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dewitt Area Veterans Memorial Inc is a micro nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -24.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $9K |
| Surplus / Deficit | $-2,904 |
| Total Assets | $39K |
| Net Assets | $39K |
| Operating Margin | -49.0% |
| Months of Reserves | 52.7 months |
Financial Health Grade: B
In 2023, Dewitt Area Veterans Memorial Inc reported a deficit of $3K with expenses exceeding revenue, holds 52.7 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Dewitt Area Veterans Memorial Inc's revenue has declined at a compound annual growth rate (CAGR) of -24.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +145.3% | +157.1% | -7.0% |
| 2022 | -68.8% | -75.3% | -2.4% |
| 2021 | -73.9% | +37.4% | -12.6% |
| 2020 | +198.8% | -33.6% | +66.6% |
| 2019 | -41.7% | -19.3% | -15.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Dewitt Area Veterans Memorial Inc 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 Dewitt Area Veterans Memorial Inc 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 $3K, with expenses exceeding revenue.
Frequently Asked Questions about Dewitt Area Veterans Memorial Inc
Is Dewitt Area Veterans Memorial Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dewitt Area Veterans Memorial Inc (EIN: 454759203) insufficient data. 0 red flags identified, 0 strengths noted.
How does Dewitt Area Veterans Memorial Inc spend its money?
Detailed spending breakdown data is not yet available for Dewitt Area Veterans Memorial Inc. Check back for updated IRS 990 analysis.
Are donations to Dewitt Area Veterans Memorial Inc tax-deductible?
Dewitt Area Veterans Memorial Inc is registered as a tax-exempt nonprofit (EIN: 454759203). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Dewitt Area Veterans Memorial Inc located?
Dewitt Area Veterans Memorial Inc is headquartered in Dewitt, Iowa and files with the IRS under EIN 454759203. It is classified under NTEE code W30.
How many years of IRS 990 filings does Dewitt Area Veterans Memorial Inc have?
Dewitt Area Veterans Memorial Inc 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. The most recent filing shows $6K in total revenue.
Filing History
IRS 990 filing history for Dewitt Area Veterans Memorial Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Dewitt Area Veterans Memorial Inc's revenue has declined by 94.2%, moving from $101K to $6K. Total assets decreased by 63.6% over the same period, from $106K to $39K. Total functional expenses fell by 88.8%, from $79K to $9K. In its most recent filing year (2023), Dewitt Area Veterans Memorial Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $9K | $39K | $0 | — | — |
| 2022 | $2K | $3K | $42K | $0 | — | View 990 |
| 2021 | $8K | $14K | $43K | $0 | — | — |
| 2020 | $30K | $10K | $49K | $0 | — | View 990 |
| 2019 | $10K | $15K | $29K | $0 | — | View 990 |
| 2018 | $17K | $19K | $35K | $0 | — | View 990 |
| 2017 | $13K | $6K | $37K | $0 | — | View 990 |
| 2016 | $32K | $53K | $29K | $0 | — | View 990 |
| 2015 | $52K | $99K | $49K | $0 | — | View 990 |
| 2014 | $108K | $119K | $95K | $0 | — | View 990 |
| 2013 | $101K | $79K | $106K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $9K, and assets of $39K (revenue +145.3% year-over-year).
- 2022: Revenue of $2K, expenses of $3K, and assets of $42K (revenue -68.8% year-over-year).
- 2021: Revenue of $8K, expenses of $14K, and assets of $43K (revenue -73.9% year-over-year).
- 2020: Revenue of $30K, expenses of $10K, and assets of $49K (revenue +198.8% year-over-year).
- 2019: Revenue of $10K, expenses of $15K, and assets of $29K (revenue -41.7% year-over-year).
- 2018: Revenue of $17K, expenses of $19K, and assets of $35K (revenue +30.5% year-over-year).
- 2017: Revenue of $13K, expenses of $6K, and assets of $37K (revenue -59.2% year-over-year).
- 2016: Revenue of $32K, expenses of $53K, and assets of $29K (revenue -38.0% year-over-year).
- 2015: Revenue of $52K, expenses of $99K, and assets of $49K (revenue -52.1% year-over-year).
- 2014: Revenue of $108K, expenses of $119K, and assets of $95K (revenue +6.5% year-over-year).
- 2013: Revenue of $101K, expenses of $79K, and assets of $106K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dewitt Area Veterans Memorial Inc:
Data Sources and Methodology
This transparency report for Dewitt Area Veterans Memorial Inc 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.