Evas Village Inc
Evas Village Inc: Steady Revenue, High Program Spending, and Strong Financial Health
EIN: 222424542 · Paterson, NJ · NTEE: S20 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $14.4M |
| Total Expenses | $14.7M |
| Program Spending | 85% |
| Net Assets | $17.6M |
| Transparency Score | 85/100 |
Is Evas Village Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Evas Village Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Evas Village Inc
Evas Village Inc (EIN: 222424542) is a nonprofit organization based in Paterson, NJ, classified under NTEE code S20. The organization reported total revenue of $14.4M and total assets of $23.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Evas Village Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Evas Village Inc is a large nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.0M |
| Total Expenses | $14.7M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $22.1M |
| Total Liabilities | $4.5M |
| Net Assets | $17.6M |
| Operating Margin | 13.6% |
| Debt-to-Asset Ratio | 20.2% |
| Months of Reserves | 18.0 months |
Financial Health Grade: A
In 2023, Evas Village Inc reported a surplus of $2.3M with revenue exceeding expenses, holds 18.0 months of operating reserves (strong position), has a debt-to-asset ratio of 20.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Evas Village Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.9% | +13.6% | +11.2% |
| 2022 | -7.5% | -0.2% | -9.9% |
| 2021 | +3.7% | -14.6% | -10.2% |
| 2020 | -9.4% | +10.8% | +6.9% |
| 2019 | +26.1% | +8.1% | +5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Evas Village Inc 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, Evas Village Inc 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 surplus of $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.2%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and mission, with no excessive salaries noted in available filings.
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.
Strengths
The following positive indicators were identified for Evas Village Inc:
- Consistently strong program spending, averaging over 80% of total expenses.
- Healthy asset base, with total assets consistently above $20 million.
- Demonstrated ability to maintain stable revenue streams over several years, with 2023 revenue at $17,019,423.
- Low fundraising costs, indicating efficient resource allocation for program delivery.
- Positive net assets, reflecting sound financial management and sustainability.
Frequently Asked Questions about Evas Village Inc
Is Evas Village Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Evas Village Inc (EIN: 222424542) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Evas Village Inc spend its money?
Evas Village Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Evas Village Inc tax-deductible?
Evas Village Inc is registered as a tax-exempt nonprofit (EIN: 222424542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Evas Village Inc's spending goes to programs?
Evas Village Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Evas Village Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Evas Village Inc is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Evas Village Inc located?
Evas Village Inc is headquartered in Paterson, New Jersey and files with the IRS under EIN 222424542. It is classified under NTEE code S20.
How many years of IRS 990 filings does Evas Village Inc have?
Evas Village Inc 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 $14.4M in total revenue.
What does Evas Village Inc do?
Evas Village Inc is a nonprofit organization in the Community Improvement sector, located in Paterson, New Jersey. It is classified under NTEE code S20.
How much revenue does Evas Village Inc have?
Evas Village Inc reported total revenue of $14,441,959. Based on 13 IRS 990 filings on record.
What are Evas Village Inc's total assets?
Evas Village Inc holds total assets of $23,248,505 as reported in IRS 990 filings.
Where is Evas Village Inc located?
Evas Village Inc is based in Paterson, New Jersey.
What is Evas Village Inc's EIN?
Evas Village Inc's Employer Identification Number (EIN) is 222424542. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Evas Village Inc?
Evas Village Inc is classified under NTEE code S20 (Community Improvement).
Is Evas Village Inc a registered 501(c)(3)?
Yes, Evas Village Inc is recognized as a tax-exempt organization by the IRS. EIN: 222424542.
Does Evas Village Inc file IRS Form 990?
Yes, Evas Village Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Evas Village Inc's revenue in 2023?
In the 202306 filing period, Evas Village Inc reported total revenue of $17,019,423, total expenses of $14,699,373, and net assets of $22,102,361.
Is Evas Village Inc's revenue growing or declining?
Evas Village Inc's revenue is growing. Revenue went from $12,620,109 (202206) to $17,019,423 (202306), a +34.9% change. Based on 13 filings on record.
What is Evas Village Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Evas Village Inc covers tax period 202306. It shows revenue of $17,019,423, expenses of $14,699,373, total assets of $22,102,361, and liabilities of $4,463,942.
How much does Evas Village Inc spend on programs vs administration?
Based on IRS 990 analysis, Evas Village Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Evas Village Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Evas Village Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 5 strengths noted.
What are Evas Village Inc's strengths?
Positive indicators for Evas Village Inc include: Consistently strong program spending, averaging over 80% of total expenses.. Healthy asset base, with total assets consistently above $20 million.. Demonstrated ability to maintain stable revenue streams over several years, with 2023 revenue at $17,019,423.. Low fundraising costs, indicating efficient resource allocation for program delivery.. Positive net assets, reflecting sound financial management and sustainability.. These findings are derived from AI analysis of the organization's financial filings.
How does Evas Village Inc compensate executives?
Executive compensation appears reasonable given the organization's size and mission, with no excessive salaries noted in available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Evas Village Inc managed to maintain a relatively stable revenue stream despite economic fluctuations over the past several years?
Evas Village Inc has demonstrated remarkable stability in its revenue, consistently generating over $11 million annually since 2017, with a peak of $17,019,423 in 2023. This suggests a diversified funding base and strong donor relations, allowing them to weather economic changes effectively.
What is the trend in the organization's liabilities, and what does it indicate about their financial risk?
The organization's liabilities have fluctuated, ranging from a low of $3,197,195 in 2017 to a high of $8,871,888 in 2020. However, they have consistently maintained a healthy ratio of assets to liabilities, with assets at $22,102,361 and liabilities at $4,463,942 in 2023, indicating a low financial risk profile.
Filing History
IRS 990 filing history for Evas Village Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Evas Village Inc's revenue has grown by 101.7%, moving from $8.4M to $17.0M. Total assets decreased by 1.2% over the same period, from $22.4M to $22.1M. Total functional expenses rose by 93.2%, from $7.6M to $14.7M. In its most recent filing year (2023), Evas Village Inc reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $4.5M in liabilities against $22.1M in assets (debt-to-asset ratio: 20.2%), resulting in net assets of $17.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.0M | $14.7M | $22.1M | $4.5M | — | View 990 |
| 2022 | $12.6M | $12.9M | $19.9M | $4.7M | — | View 990 |
| 2021 | $13.6M | $13.0M | $22.1M | $6.6M | — | View 990 |
| 2020 | $13.2M | $15.2M | $24.6M | $8.9M | — | View 990 |
| 2019 | $14.5M | $13.7M | $23.0M | $5.2M | — | View 990 |
| 2018 | $11.5M | $12.7M | $21.8M | $4.9M | — | View 990 |
| 2017 | $11.4M | $11.0M | $21.3M | $3.2M | — | View 990 |
| 2016 | $8.7M | $10.2M | $21.8M | $4.0M | — | View 990 |
| 2015 | $9.4M | $9.4M | $23.2M | $4.0M | — | View 990 |
| 2014 | $8.4M | $9.3M | $23.0M | $3.9M | — | View 990 |
| 2013 | $9.4M | $8.6M | $23.5M | $3.6M | — | View 990 |
| 2012 | $8.5M | $8.2M | $22.7M | $3.5M | — | View 990 |
| 2011 | $8.4M | $7.6M | $22.4M | $3.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.0M, expenses of $14.7M, and assets of $22.1M (revenue +34.9% year-over-year).
- 2022: Revenue of $12.6M, expenses of $12.9M, and assets of $19.9M (revenue -7.5% year-over-year).
- 2021: Revenue of $13.6M, expenses of $13.0M, and assets of $22.1M (revenue +3.7% year-over-year).
- 2020: Revenue of $13.2M, expenses of $15.2M, and assets of $24.6M (revenue -9.4% year-over-year).
- 2019: Revenue of $14.5M, expenses of $13.7M, and assets of $23.0M (revenue +26.1% year-over-year).
- 2018: Revenue of $11.5M, expenses of $12.7M, and assets of $21.8M (revenue +1.5% year-over-year).
- 2017: Revenue of $11.4M, expenses of $11.0M, and assets of $21.3M (revenue +30.3% year-over-year).
- 2016: Revenue of $8.7M, expenses of $10.2M, and assets of $21.8M (revenue -7.8% year-over-year).
- 2015: Revenue of $9.4M, expenses of $9.4M, and assets of $23.2M (revenue +12.1% year-over-year).
- 2014: Revenue of $8.4M, expenses of $9.3M, and assets of $23.0M (revenue -10.3% year-over-year).
- 2013: Revenue of $9.4M, expenses of $8.6M, and assets of $23.5M (revenue +10.1% year-over-year).
- 2012: Revenue of $8.5M, expenses of $8.2M, and assets of $22.7M (revenue +1.1% year-over-year).
- 2011: Revenue of $8.4M, expenses of $7.6M, and assets of $22.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Evas Village Inc:
Data Sources and Methodology
This transparency report for Evas Village 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.