Eurytanian Association Velouchi Inc
EIN: 566061036 · Charlotte, NC · NTEE: P84Z
| Metric | Value |
|---|---|
| Total Expenses | $226K |
| Net Assets | $1.3M |
Is Eurytanian Association Velouchi Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eurytanian Association Velouchi Inc
Eurytanian Association Velouchi Inc (EIN: 566061036) is a nonprofit organization based in Charlotte, NC, classified under NTEE code P84Z. 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 Eurytanian Association Velouchi Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eurytanian Association Velouchi Inc is a small nonprofit that has been operating for 79 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $212K |
| Total Expenses | $226K |
| Surplus / Deficit | $-14,317 |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | -6.8% |
| Months of Reserves | 69.8 months |
Financial Health Grade: B
In 2023, Eurytanian Association Velouchi Inc reported a deficit of $14K with expenses exceeding revenue, holds 69.8 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Eurytanian Association Velouchi Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.4% | +15.3% | +0.6% |
| 2022 | +29.2% | -12.4% | +9.8% |
| 2021 | +10.1% | +46.9% | +1.8% |
| 2020 | -3.6% | +11.6% | +4.4% |
| 2019 | -7.7% | -34.8% | +9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1947 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eurytanian Association Velouchi 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 Eurytanian Association Velouchi 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 $14K, with expenses exceeding revenue.
Frequently Asked Questions about Eurytanian Association Velouchi Inc
Is Eurytanian Association Velouchi Inc a legitimate charity?
Eurytanian Association Velouchi Inc (EIN: 566061036) is a registered tax-exempt nonprofit based in North Carolina. It has 12 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Eurytanian Association Velouchi Inc spend its money?
Eurytanian Association Velouchi Inc reported its financials in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Eurytanian Association Velouchi Inc tax-deductible?
Eurytanian Association Velouchi Inc is registered as a tax-exempt nonprofit (EIN: 566061036). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eurytanian Association Velouchi Inc located?
Eurytanian Association Velouchi Inc is headquartered in Charlotte, North Carolina and files with the IRS under EIN 566061036. It is classified under NTEE code P84Z.
How many years of IRS 990 filings does Eurytanian Association Velouchi Inc have?
Eurytanian Association Velouchi Inc has 12 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 Eurytanian Association Velouchi Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Eurytanian Association Velouchi Inc's revenue has grown by 20.2%, moving from $176K to $212K. Total assets increased by 67.5% over the same period, from $786K to $1.3M. Total functional expenses rose by 65.3%, from $137K to $226K. In its most recent filing year (2023), Eurytanian Association Velouchi Inc reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $212K | $226K | $1.3M | $0 | — | View 990 |
| 2022 | $300K | $196K | $1.3M | $0 | — | View 990 |
| 2021 | $232K | $224K | $1.2M | $0 | — | — |
| 2020 | $211K | $152K | $1.2M | $0 | — | View 990 |
| 2019 | $219K | $137K | $1.1M | $0 | — | View 990 |
| 2018 | $237K | $209K | $1.0M | $0 | — | View 990 |
| 2017 | $233K | $163K | $994K | $0 | — | View 990 |
| 2016 | $255K | $218K | $924K | $0 | — | View 990 |
| 2015 | $240K | $209K | $886K | $0 | — | View 990 |
| 2014 | $270K | $186K | $855K | $0 | — | View 990 |
| 2013 | $188K | $202K | $771K | $0 | — | View 990 |
| 2012 | $176K | $137K | $786K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $212K, expenses of $226K, and assets of $1.3M (revenue -29.4% year-over-year).
- 2022: Revenue of $300K, expenses of $196K, and assets of $1.3M (revenue +29.2% year-over-year).
- 2021: Revenue of $232K, expenses of $224K, and assets of $1.2M (revenue +10.1% year-over-year).
- 2020: Revenue of $211K, expenses of $152K, and assets of $1.2M (revenue -3.6% year-over-year).
- 2019: Revenue of $219K, expenses of $137K, and assets of $1.1M (revenue -7.7% year-over-year).
- 2018: Revenue of $237K, expenses of $209K, and assets of $1.0M (revenue +1.8% year-over-year).
- 2017: Revenue of $233K, expenses of $163K, and assets of $994K (revenue -8.7% year-over-year).
- 2016: Revenue of $255K, expenses of $218K, and assets of $924K (revenue +6.6% year-over-year).
- 2015: Revenue of $240K, expenses of $209K, and assets of $886K (revenue -11.4% year-over-year).
- 2014: Revenue of $270K, expenses of $186K, and assets of $855K (revenue +44.2% year-over-year).
- 2013: Revenue of $188K, expenses of $202K, and assets of $771K (revenue +6.3% year-over-year).
- 2012: Revenue of $176K, expenses of $137K, and assets of $786K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eurytanian Association Velouchi Inc:
Data Sources and Methodology
This transparency report for Eurytanian Association Velouchi 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.