Germanna Community College Real Estate Foundation
EIN: 825038157 · Locust Grove, VA · NTEE: B11
Is Germanna Community College Real Estate Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Germanna Community College Real Estate Foundation
Germanna Community College Real Estate Foundation (EIN: 825038157) is a nonprofit organization based in Locust Grove, VA, classified under NTEE code B11. The organization reported total revenue of $4.6M and total assets of $23.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Germanna Community College Real Estate Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Germanna Community College Real Estate Foundation is a mid-size nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $498K |
| Total Expenses | $836K |
| Surplus / Deficit | $-337,626 |
| Total Assets | $14.9M |
| Total Liabilities | $10.8M |
| Net Assets | $4.1M |
| Operating Margin | -67.7% |
| Debt-to-Asset Ratio | 72.3% |
| Months of Reserves | 214.5 months |
Financial Health Grade: C
In 2023, Germanna Community College Real Estate Foundation reported a deficit of $338K with expenses exceeding revenue, holds 214.5 months of operating reserves (strong position), has a debt-to-asset ratio of 72.3% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -72.5% | +250.2% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Germanna Community College Real Estate Foundation 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 Germanna Community College Real Estate Foundation 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 $338K, with expenses exceeding revenue.
- Debt-to-asset ratio: 72.3%.
Frequently Asked Questions about Germanna Community College Real Estate Foundation
Is Germanna Community College Real Estate Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Germanna Community College Real Estate Foundation (EIN: 825038157) insufficient data. 0 red flags identified, 0 strengths noted.
How does Germanna Community College Real Estate Foundation spend its money?
Detailed spending breakdown data is not yet available for Germanna Community College Real Estate Foundation. Check back for updated IRS 990 analysis.
Are donations to Germanna Community College Real Estate Foundation tax-deductible?
Germanna Community College Real Estate Foundation is registered as a tax-exempt nonprofit (EIN: 825038157). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Germanna Community College Real Estate Foundation showing financial trends over 4 years of public records:
Total assets increased by 413.5% over the same period, from $2.9M to $14.9M. Total functional expenses rose by 139243.2%, from $600 to $836K. In its most recent filing year (2023), Germanna Community College Real Estate Foundation reported a deficit of $338K, with expenses exceeding revenue. The organization holds $10.8M in liabilities against $14.9M in assets (debt-to-asset ratio: 72.3%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $498K | $836K | $14.9M | $10.8M | — | — |
| 2022 | $1.8M | $239K | $15.3M | $10.9M | — | View 990 |
| 2021 | $0 | $0 | $2.9M | $0 | — | View 990 |
| 2020 | $0 | $600 | $2.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $498K, expenses of $836K, and assets of $14.9M (revenue -72.5% year-over-year).
- 2022: Revenue of $1.8M, expenses of $239K, and assets of $15.3M.
- 2021: Revenue of $0, expenses of $0, and assets of $2.9M.
- 2020: Revenue of $0, expenses of $600, and assets of $2.9M.
Data Sources and Methodology
This transparency report for Germanna Community College Real Estate 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.