K Va T Associate Relief Andemergency Fund Inc

K Va T Associate Relief Andemergency Fund Inc shows consistent asset growth and zero executive compensation over a decade.

EIN: 203966560 · Abingdon, VA · NTEE: P60 · Updated: 2026-03-28

$614KRevenue

$1.9MAssets

92/100Mission Score (Excellent)

P60

About K Va T Associate Relief Andemergency Fund Inc

K Va T Associate Relief Andemergency Fund Inc (EIN: 203966560) is a nonprofit organization based in Abingdon, VA, classified under NTEE code P60. The organization reported total revenue of $614K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of K Va T Associate Relief Andemergency Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

K Va T Associate Relief Andemergency Fund Inc demonstrates strong financial health and consistent growth in assets over the past decade. The organization has consistently reported zero liabilities and zero officer compensation, indicating a very healthy balance sheet and a commitment to volunteer leadership. Their revenue has steadily increased from $244,382 in 2014 to $538,369 in 2023, with assets growing from $637,455 to $1,614,706 in the same period. This sustained growth, coupled with minimal expenses relative to revenue, suggests efficient management and a focus on building reserves to support future operations.

The organization's spending efficiency appears robust, with expenses consistently well below revenue, allowing for significant asset accumulation. For example, in 2023, expenses were $305,830 against revenues of $538,369, indicating a substantial portion of revenue is retained or invested. The absence of officer compensation further enhances their efficiency and transparency, as it suggests that leadership is not drawing salaries from the organization's funds. This practice, combined with a clear financial history of increasing assets and no debt, points to a well-managed and financially sound nonprofit.

Transparency is high given the consistent filing of IRS 990s and the clear financial picture presented. The lack of liabilities and officer compensation are strong indicators of responsible financial stewardship. While specific program spending details would provide deeper insight, the overall financial trends suggest a well-run organization focused on its mission without excessive overhead or executive remuneration.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates K Va T Associate Relief Andemergency Fund Inc with a Mission Score of 92 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, K Va T Associate Relief Andemergency Fund 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

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is a strong positive for financial efficiency and mission focus.

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 K Va T Associate Relief Andemergency Fund Inc:

Consistent asset growth, from $637,455 in 2014 to $1,614,706 in 2023.
Zero liabilities reported across all available filings, indicating strong financial stability.
0% officer compensation, demonstrating high efficiency and volunteer leadership.
Revenue consistently exceeds expenses, allowing for healthy reserves and growth.
Long history of consistent IRS 990 filings (13 filings), indicating good transparency.

Frequently Asked Questions about K Va T Associate Relief Andemergency Fund Inc

Is K Va T Associate Relief Andemergency Fund Inc a good charity?

Based on the provided financial data, K Va T Associate Relief Andemergency Fund Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to efficiency with 0% officer compensation and no liabilities.

How has the organization's financial health changed over the last decade?

The organization's financial health has significantly improved over the last decade, with revenue more than doubling from $244,382 in 2014 to $538,369 in 2023, and assets nearly tripling from $637,455 to $1,614,706 in the same period. Liabilities have consistently remained at $0.

What is the significance of 0% officer compensation?

0% officer compensation signifies that the organization's leadership is not paid, meaning all funds can be directed towards the mission or retained for future operations. This is a strong indicator of dedication and financial efficiency.

Filing History

IRS 990 filing history for K Va T Associate Relief Andemergency Fund Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), K Va T Associate Relief Andemergency Fund Inc's revenue has grown by 107.1%, moving from $260K to $538K. Total assets increased by 186.3% over the same period, from $564K to $1.6M. Total functional expenses rose by 59.1%, from $192K to $306K. In its most recent filing year (2023), K Va T Associate Relief Andemergency Fund Inc reported a surplus of $233K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$538K	$306K	$1.6M	$0	—	View 990
2022	$491K	$298K	$1.4M	$0	—	—
2021	$443K	$211K	$1.2M	$0	—	View 990
2020	$396K	$253K	$958K	$0	—	View 990
2019	$327K	$285K	$815K	$0	—	View 990
2018	$268K	$249K	$773K	$0	—	View 990
2017	$257K	$233K	$755K	$0	—	View 990
2016	$250K	$221K	$730K	$0	—	View 990
2015	$245K	$182K	$701K	$0	—	View 990
2014	$244K	$199K	$637K	$0	—	View 990
2013	$235K	$240K	$592K	$0	—	View 990
2012	$246K	$212K	$597K	$0	—	View 990
2011	$260K	$192K	$564K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $538K, expenses of $306K, and assets of $1.6M (revenue +9.6% year-over-year).
2022: Revenue of $491K, expenses of $298K, and assets of $1.4M (revenue +11.0% year-over-year).
2021: Revenue of $443K, expenses of $211K, and assets of $1.2M (revenue +11.9% year-over-year).
2020: Revenue of $396K, expenses of $253K, and assets of $958K (revenue +21.1% year-over-year).
2019: Revenue of $327K, expenses of $285K, and assets of $815K (revenue +22.1% year-over-year).
2018: Revenue of $268K, expenses of $249K, and assets of $773K (revenue +4.1% year-over-year).
2017: Revenue of $257K, expenses of $233K, and assets of $755K (revenue +2.9% year-over-year).
2016: Revenue of $250K, expenses of $221K, and assets of $730K (revenue +2.0% year-over-year).
2015: Revenue of $245K, expenses of $182K, and assets of $701K (revenue +0.3% year-over-year).
2014: Revenue of $244K, expenses of $199K, and assets of $637K (revenue +3.9% year-over-year).
2013: Revenue of $235K, expenses of $240K, and assets of $592K (revenue -4.3% year-over-year).
2012: Revenue of $246K, expenses of $212K, and assets of $597K (revenue -5.5% year-over-year).
2011: Revenue of $260K, expenses of $192K, and assets of $564K.

Data Sources and Methodology

This transparency report for K Va T Associate Relief Andemergency Fund 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.