Friends Of Algiers Village Inc

Friends Of Algiers Village Inc maintains over $1 million in assets with no reported officer compensation, despite fluctuating annual revenues.

EIN: 201922996 · Guilford, VT · NTEE: S20 · Updated: 2026-03-28

$88KRevenue

$1.1MAssets

88/100Mission Score (Excellent)

S20

About Friends Of Algiers Village Inc

Friends Of Algiers Village Inc (EIN: 201922996) is a nonprofit organization based in Guilford, VT, classified under NTEE code S20. The organization reported total revenue of $88K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Algiers Village Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Friends Of Algiers Village Inc demonstrates a generally stable financial position, with assets consistently over $1 million in recent years, reaching $1,151,751 in 2023. The organization's revenue has fluctuated significantly, from a low of $67,889 in 2018 to a high of $196,181 in 2016, indicating reliance on variable funding sources. Expenses have remained relatively consistent, typically in the $70,000-$85,000 range, though they increased to $127,216 in 2023. A notable strength is the consistent reporting of 0% officer compensation across all available filings, suggesting a volunteer-driven leadership or very modest compensation not reported as such, which enhances its financial efficiency and transparency regarding executive pay.

The organization's spending efficiency appears strong given the consistent expenses relative to fluctuating revenue, particularly in years with higher revenue where a significant surplus was generated (e.g., $173,385 revenue vs. $85,240 expenses in 2020). The absence of reported officer compensation is a significant positive indicator for transparency and efficient use of funds. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency across these categories is limited. The consistent asset growth, despite some years with expenses exceeding revenue, suggests effective asset management or significant non-operating income.

Overall, Friends Of Algiers Village Inc appears to be a financially sound organization with a strong commitment to minimizing executive costs. Its transparency is bolstered by the clear reporting of no officer compensation. While the exact allocation of expenses across program, administrative, and fundraising activities is not detailed in the provided summary, the overall financial trends suggest a well-managed entity, particularly given its consistent asset base and often positive net income. The fluctuation in revenue warrants attention for long-term sustainability planning.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Friends Of Algiers Village Inc with a Mission Score of 88 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, Friends Of Algiers 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid volunteers or receive compensation below reporting thresholds, which is highly favorable for an organization of its size with assets exceeding $1 million.

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 Friends Of Algiers Village Inc's IRS 990 filings:

Highly fluctuating revenue streams, which could pose challenges for consistent long-term planning if not managed with reserves.

Strengths

The following positive indicators were identified for Friends Of Algiers Village Inc:

Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
Strong and growing asset base, consistently over $1 million in recent years, providing financial stability.
Expenses generally well-managed relative to revenue, often resulting in positive net income.
Long filing history (13 filings) demonstrates consistent compliance and transparency.

Frequently Asked Questions about Friends Of Algiers Village Inc

Is Friends Of Algiers Village Inc financially stable?

Yes, the organization appears financially stable, consistently holding over $1 million in assets since 2020 and managing expenses effectively relative to its revenue, as evidenced by its $1,151,751 in assets in 2023.

How does Friends Of Algiers Village Inc manage executive compensation?

Friends Of Algiers Village Inc reports 0% officer compensation across all 13 available filings, suggesting a volunteer-driven leadership or very low compensation, which is a strong indicator of efficient resource allocation.

What are the trends in the organization's revenue?

The organization's revenue has been highly variable, ranging from $67,889 in 2018 to $196,181 in 2016, and $168,138 in 2023, indicating a reliance on fluctuating funding sources.

Has the organization grown its assets over time?

Yes, the organization has shown consistent asset growth, increasing from $857,663 in 2015 to $1,151,751 in 2023, demonstrating effective financial management and accumulation of resources.

Filing History

IRS 990 filing history for Friends Of Algiers Village Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Friends Of Algiers Village Inc's revenue has grown by 56.7%, moving from $107K to $168K. Total assets increased by 121.3% over the same period, from $521K to $1.2M. Total functional expenses rose by 109.2%, from $61K to $127K. In its most recent filing year (2023), Friends Of Algiers Village Inc reported a surplus of $41K, with revenue exceeding expenses. The organization holds $254K in liabilities against $1.2M in assets (debt-to-asset ratio: 22.1%), resulting in net assets of $897K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$168K	$127K	$1.2M	$254K	—	—
2022	$78K	$79K	$1.1M	$259K	—	—
2021	$80K	$82K	$1.1M	$266K	—	View 990
2020	$173K	$85K	$1.1M	$272K	—	View 990
2019	$169K	$82K	$1.0M	$278K	—	View 990
2018	$68K	$75K	$962K	$286K	—	View 990
2017	$74K	$80K	$976K	$292K	—	View 990
2016	$196K	$61K	$987K	$297K	—	View 990
2015	$70K	$70K	$858K	$302K	—	View 990
2014	$155K	$77K	$861K	$305K	—	View 990
2013	$102K	$59K	$798K	$321K	—	View 990
2012	$367K	$194K	$687K	$254K	—	View 990
2011	$107K	$61K	$521K	$259K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $168K, expenses of $127K, and assets of $1.2M (revenue +116.2% year-over-year).
2022: Revenue of $78K, expenses of $79K, and assets of $1.1M (revenue -2.9% year-over-year).
2021: Revenue of $80K, expenses of $82K, and assets of $1.1M (revenue -53.8% year-over-year).
2020: Revenue of $173K, expenses of $85K, and assets of $1.1M (revenue +2.4% year-over-year).
2019: Revenue of $169K, expenses of $82K, and assets of $1.0M (revenue +149.5% year-over-year).
2018: Revenue of $68K, expenses of $75K, and assets of $962K (revenue -7.9% year-over-year).
2017: Revenue of $74K, expenses of $80K, and assets of $976K (revenue -62.4% year-over-year).
2016: Revenue of $196K, expenses of $61K, and assets of $987K (revenue +180.7% year-over-year).
2015: Revenue of $70K, expenses of $70K, and assets of $858K (revenue -54.9% year-over-year).
2014: Revenue of $155K, expenses of $77K, and assets of $861K (revenue +52.1% year-over-year).
2013: Revenue of $102K, expenses of $59K, and assets of $798K (revenue -72.2% year-over-year).
2012: Revenue of $367K, expenses of $194K, and assets of $687K (revenue +242.1% year-over-year).
2011: Revenue of $107K, expenses of $61K, and assets of $521K.

Data Sources and Methodology

This transparency report for Friends Of Algiers 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.