Eastern Shore Of Virginia Community Foundation
Eastern Shore Of Virginia Community Foundation maintains stable assets with fluctuating annual surpluses and no reported officer compensation.
EIN: 203651144 · Onley, VA · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $458K |
| Total Expenses | $378K |
| Program Spending | 85% |
| Net Assets | $479K |
| Transparency Score | 85/100 |
Is Eastern Shore Of Virginia Community Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eastern Shore Of Virginia Community Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eastern Shore Of Virginia Community Foundation
Eastern Shore Of Virginia Community Foundation (EIN: 203651144) is a nonprofit organization based in Onley, VA, classified under NTEE code T30. The organization reported total revenue of $458K and total assets of $529K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastern Shore Of Virginia Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eastern Shore Of Virginia Community Foundation is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $368K |
| Total Expenses | $378K |
| Surplus / Deficit | $-10,324 |
| Total Assets | $539K |
| Total Liabilities | $60K |
| Net Assets | $479K |
| Operating Margin | -2.8% |
| Debt-to-Asset Ratio | 11.2% |
| Months of Reserves | 17.1 months |
Financial Health Grade: B
In 2023, Eastern Shore Of Virginia Community Foundation reported a deficit of $10K with expenses exceeding revenue, holds 17.1 months of operating reserves (strong position), has a debt-to-asset ratio of 11.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Eastern Shore Of Virginia Community Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.9% | -28.7% | +9.8% |
| 2022 | -27.7% | +5.6% | -27.2% |
| 2021 | +15.5% | +53.9% | -3.2% |
| 2020 | -4.2% | -13.4% | +14.7% |
| 2019 | +7.6% | +20.0% | +10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Eastern Shore Of Virginia Community Foundation 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: 85%
- fundraising: 5%
According to IRS 990 filings, Eastern Shore Of Virginia Community Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through non-officer categories, which is highly favorable for minimizing administrative costs.
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 Eastern Shore Of Virginia Community Foundation's IRS 990 filings:
- Expenses exceeded revenue in multiple recent years (2023, 2022, 2021), indicating reliance on reserves or other income sources.
- Significant increase in liabilities in 2023 ($60,182) compared to previous years (e.g., $182 in 2022), warranting further investigation.
Strengths
The following positive indicators were identified for Eastern Shore Of Virginia Community Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for leadership.
- Maintains a healthy asset base ($539,416 in 2023) relative to annual revenue, providing financial stability.
- Generally low liabilities in most years, suggesting prudent financial management.
Frequently Asked Questions about Eastern Shore Of Virginia Community Foundation
Is Eastern Shore Of Virginia Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Eastern Shore Of Virginia Community Foundation (EIN: 203651144) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Eastern Shore Of Virginia Community Foundation spend its money?
Eastern Shore Of Virginia Community Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eastern Shore Of Virginia Community Foundation tax-deductible?
Eastern Shore Of Virginia Community Foundation is registered as a tax-exempt nonprofit (EIN: 203651144). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Eastern Shore Of Virginia Community Foundation's spending goes to programs?
Eastern Shore Of Virginia Community Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Eastern Shore Of Virginia Community Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Eastern Shore Of Virginia Community Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eastern Shore Of Virginia Community Foundation located?
Eastern Shore Of Virginia Community Foundation is headquartered in Onley, Virginia and files with the IRS under EIN 203651144. It is classified under NTEE code T30.
How many years of IRS 990 filings does Eastern Shore Of Virginia Community Foundation have?
Eastern Shore Of Virginia Community Foundation has 13 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 $458K in total revenue.
Is Eastern Shore Of Virginia Community Foundation a good charity?
Based on the provided data, the foundation appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation and generally stable asset base relative to its operations.
Why did expenses exceed revenue in 2023 and 2022?
In 2023, expenses ($377,973) exceeded revenue ($367,649), and in 2022, expenses ($529,975) significantly exceeded revenue ($347,089). This could be due to strategic spending from accumulated reserves, investment losses, or specific large projects undertaken in those years.
What caused the increase in liabilities in 2023?
Liabilities increased from $182 in 2022 to $60,182 in 2023. The specific reason for this increase would require reviewing the full IRS 990 filing for 2023 to identify the nature of these liabilities.
Filing History
IRS 990 filing history for Eastern Shore Of Virginia Community Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eastern Shore Of Virginia Community Foundation's revenue has grown by 10.7%, moving from $332K to $368K. Total assets increased by 86.8% over the same period, from $289K to $539K. Total functional expenses rose by 12.9%, from $335K to $378K. In its most recent filing year (2023), Eastern Shore Of Virginia Community Foundation reported a deficit of $10K, with expenses exceeding revenue. The organization holds $60K in liabilities against $539K in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $479K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $368K | $378K | $539K | $60K | — | View 990 |
| 2022 | $347K | $530K | $491K | $182 | — | — |
| 2021 | $480K | $502K | $675K | $1K | — | View 990 |
| 2020 | $416K | $326K | $697K | $1K | — | View 990 |
| 2019 | $434K | $377K | $608K | $1K | — | View 990 |
| 2018 | $403K | $314K | $551K | $578 | — | View 990 |
| 2017 | $314K | $281K | $453K | $1K | — | View 990 |
| 2016 | $338K | $283K | $422K | $3K | — | View 990 |
| 2015 | $830K | $290K | $957K | $2K | — | View 990 |
| 2014 | $357K | $338K | $409K | $2K | — | View 990 |
| 2013 | $81K | $73K | $369K | $2K | — | View 990 |
| 2012 | $236K | $230K | $295K | $2K | — | View 990 |
| 2011 | $332K | $335K | $289K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $368K, expenses of $378K, and assets of $539K (revenue +5.9% year-over-year).
- 2022: Revenue of $347K, expenses of $530K, and assets of $491K (revenue -27.7% year-over-year).
- 2021: Revenue of $480K, expenses of $502K, and assets of $675K (revenue +15.5% year-over-year).
- 2020: Revenue of $416K, expenses of $326K, and assets of $697K (revenue -4.2% year-over-year).
- 2019: Revenue of $434K, expenses of $377K, and assets of $608K (revenue +7.6% year-over-year).
- 2018: Revenue of $403K, expenses of $314K, and assets of $551K (revenue +28.5% year-over-year).
- 2017: Revenue of $314K, expenses of $281K, and assets of $453K (revenue -7.1% year-over-year).
- 2016: Revenue of $338K, expenses of $283K, and assets of $422K (revenue -59.3% year-over-year).
- 2015: Revenue of $830K, expenses of $290K, and assets of $957K (revenue +132.6% year-over-year).
- 2014: Revenue of $357K, expenses of $338K, and assets of $409K (revenue +338.7% year-over-year).
- 2013: Revenue of $81K, expenses of $73K, and assets of $369K (revenue -65.5% year-over-year).
- 2012: Revenue of $236K, expenses of $230K, and assets of $295K (revenue -28.9% year-over-year).
- 2011: Revenue of $332K, expenses of $335K, and assets of $289K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eastern Shore Of Virginia Community Foundation:
Data Sources and Methodology
This transparency report for Eastern Shore Of Virginia Community Foundation 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.