Marshside Village Inc
Marshside Village Inc. faces persistent operating deficits, drawing down assets over the past decade.
EIN: 201910771 · Denver, CO · NTEE: L22 · Updated: 2026-03-28
Is Marshside Village Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marshside Village Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marshside Village Inc
Marshside Village Inc (EIN: 201910771) is a nonprofit organization based in Denver, CO, classified under NTEE code L22. The organization reported total revenue of $486K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marshside Village Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marshside Village Inc is a small nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $468K |
| Total Expenses | $541K |
| Surplus / Deficit | $-73,606 |
| Total Assets | $1.9M |
| Total Liabilities | $22K |
| Net Assets | $1.9M |
| Operating Margin | -15.7% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 42.6 months |
Financial Health Grade: B
In 2023, Marshside Village Inc reported a deficit of $74K with expenses exceeding revenue, holds 42.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Marshside Village Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.1% | -4.8% | -4.4% |
| 2022 | -1.0% | +7.0% | -5.0% |
| 2021 | +3.2% | -5.4% | -5.7% |
| 2020 | +3.7% | +10.4% | -5.3% |
| 2019 | +8.3% | -6.6% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
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 Marshside Village Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Marshside Village Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $74K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
Marshside Village Inc. reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for resource allocation.
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 Marshside Village Inc's IRS 990 filings:
- Consistent operating deficits across all reported periods (e.g., $73,606 deficit in 2023).
- Significant decline in total assets over the past decade (from $3,005,113 in 2014 to $1,919,920 in 2023).
- Expenses consistently exceed revenue, indicating an unsustainable financial model without intervention.
Strengths
The following positive indicators were identified for Marshside Village Inc:
- Zero reported officer compensation, suggesting efficient use of funds at the executive level.
- Low liabilities relative to assets, indicating responsible debt management (e.g., $22,193 liabilities vs. $1,919,920 assets in 2023).
- Long filing history (13 filings) indicates consistent compliance and transparency with IRS reporting.
Frequently Asked Questions about Marshside Village Inc
Is Marshside Village Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Marshside Village Inc (EIN: 201910771) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Marshside Village Inc spend its money?
Marshside Village Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Marshside Village Inc tax-deductible?
Marshside Village Inc is registered as a tax-exempt nonprofit (EIN: 201910771). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Marshside Village Inc. financially sustainable in the long term?
The organization's long-term financial sustainability is questionable given its consistent operating deficits, which have led to a significant decline in assets from over $3 million in 2014 to under $2 million in 2023. This trend suggests an unsustainable reliance on reserves.
What is the primary cause of the consistent operating deficits?
The filings consistently show expenses exceeding revenue. For instance, in 2023, expenses were $541,432 while revenue was $467,826. Without a detailed breakdown of expense categories, it's difficult to pinpoint the exact cause, but it indicates that the organization's income generation is not keeping pace with its operational costs.
How does the lack of officer compensation impact the organization?
The reported 0% officer compensation suggests that the organization's leadership is not drawing a salary, which can free up more funds for programs. However, it could also indicate a reliance on volunteer leadership, which might have implications for professional capacity or succession planning.
Filing History
IRS 990 filing history for Marshside Village Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Marshside Village Inc's revenue has grown by 151.4%, moving from $186K to $468K. Total assets decreased by 44.8% over the same period, from $3.5M to $1.9M. Total functional expenses rose by 68.4%, from $322K to $541K. In its most recent filing year (2023), Marshside Village Inc reported a deficit of $74K, with expenses exceeding revenue. The organization holds $22K in liabilities against $1.9M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $468K | $541K | $1.9M | $22K | — | — |
| 2022 | $445K | $569K | $2.0M | $37K | — | — |
| 2021 | $450K | $531K | $2.1M | $19K | — | View 990 |
| 2020 | $436K | $562K | $2.2M | $65K | — | — |
| 2019 | $420K | $509K | $2.4M | $65K | — | View 990 |
| 2018 | $388K | $544K | $2.5M | $83K | — | View 990 |
| 2017 | $356K | $482K | $2.6M | $79K | — | View 990 |
| 2016 | $310K | $438K | $2.7M | $69K | — | View 990 |
| 2015 | $300K | $434K | $2.9M | $71K | — | View 990 |
| 2014 | $298K | $429K | $3.0M | $69K | — | View 990 |
| 2013 | $236K | $401K | $3.2M | $93K | — | View 990 |
| 2012 | $190K | $396K | $3.3M | $81K | — | View 990 |
| 2011 | $186K | $322K | $3.5M | $37K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $468K, expenses of $541K, and assets of $1.9M (revenue +5.1% year-over-year).
- 2022: Revenue of $445K, expenses of $569K, and assets of $2.0M (revenue -1.0% year-over-year).
- 2021: Revenue of $450K, expenses of $531K, and assets of $2.1M (revenue +3.2% year-over-year).
- 2020: Revenue of $436K, expenses of $562K, and assets of $2.2M (revenue +3.7% year-over-year).
- 2019: Revenue of $420K, expenses of $509K, and assets of $2.4M (revenue +8.3% year-over-year).
- 2018: Revenue of $388K, expenses of $544K, and assets of $2.5M (revenue +8.9% year-over-year).
- 2017: Revenue of $356K, expenses of $482K, and assets of $2.6M (revenue +15.1% year-over-year).
- 2016: Revenue of $310K, expenses of $438K, and assets of $2.7M (revenue +3.2% year-over-year).
- 2015: Revenue of $300K, expenses of $434K, and assets of $2.9M (revenue +0.9% year-over-year).
- 2014: Revenue of $298K, expenses of $429K, and assets of $3.0M (revenue +26.3% year-over-year).
- 2013: Revenue of $236K, expenses of $401K, and assets of $3.2M (revenue +24.3% year-over-year).
- 2012: Revenue of $190K, expenses of $396K, and assets of $3.3M (revenue +1.9% year-over-year).
- 2011: Revenue of $186K, expenses of $322K, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marshside Village Inc:
Data Sources and Methodology
This transparency report for Marshside 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.