Miller Home Of Lynchburg Va
EIN: 540505999 · Lynchburg, VA
| Metric | Value |
|---|---|
| Total Revenue | $787K |
| Total Expenses | $354K |
| Net Assets | $1.0M |
Is Miller Home Of Lynchburg Va Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Miller Home Of Lynchburg Va
Miller Home Of Lynchburg Va (EIN: 540505999) is a nonprofit organization based in Lynchburg, VA. The organization reported total revenue of $787K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Miller Home Of Lynchburg Va's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Miller Home Of Lynchburg Va is a small nonprofit that has been operating for 85 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $327K |
| Total Expenses | $354K |
| Surplus / Deficit | $-26,958 |
| Total Assets | $1.0M |
| Total Liabilities | $2K |
| Net Assets | $1.0M |
| Operating Margin | -8.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 35.1 months |
Financial Health Grade: B
In 2023, Miller Home Of Lynchburg Va reported a deficit of $27K with expenses exceeding revenue, holds 35.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), Miller Home Of Lynchburg Va's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.6% | +6.6% | -2.5% |
| 2022 | -37.0% | -1.0% | -5.0% |
| 2021 | +22.7% | -2.6% | +10.1% |
| 2020 | +64.3% | -10.3% | -15.4% |
| 2016 | -48.9% | -0.7% | -25.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1941 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Miller Home Of Lynchburg Va 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 Miller Home Of Lynchburg Va 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 $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Miller Home Of Lynchburg Va
Is Miller Home Of Lynchburg Va a legitimate charity?
Miller Home Of Lynchburg Va (EIN: 540505999) is a registered tax-exempt nonprofit based in Virginia. It has 9 years of IRS 990 filings on record. Total revenue: $787K. No red flags identified. Financial health grade: B.
How does Miller Home Of Lynchburg Va spend its money?
Miller Home Of Lynchburg Va reported $787K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Miller Home Of Lynchburg Va tax-deductible?
Miller Home Of Lynchburg Va is registered as a tax-exempt nonprofit (EIN: 540505999). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Miller Home Of Lynchburg Va located?
Miller Home Of Lynchburg Va is headquartered in Lynchburg, Virginia and files with the IRS under EIN 540505999.
How many years of IRS 990 filings does Miller Home Of Lynchburg Va have?
Miller Home Of Lynchburg Va has 9 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 $787K in total revenue.
Filing History
IRS 990 filing history for Miller Home Of Lynchburg Va showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Miller Home Of Lynchburg Va's revenue has grown by 34.5%, moving from $243K to $327K. Total assets decreased by 23.4% over the same period, from $1.4M to $1.0M. Total functional expenses fell by 9%, from $389K to $354K. In its most recent filing year (2023), Miller Home Of Lynchburg Va reported a deficit of $27K, with expenses exceeding revenue. The organization holds $2K in liabilities against $1.0M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $327K | $354K | $1.0M | $2K | — | View 990 |
| 2022 | $276K | $332K | $1.1M | $2K | — | View 990 |
| 2021 | $438K | $335K | $1.1M | $1K | — | View 990 |
| 2020 | $357K | $344K | $1.0M | $2K | — | — |
| 2016 | $218K | $384K | $1.2M | $622 | — | View 990 |
| 2015 | $426K | $387K | $1.6M | $781 | — | View 990 |
| 2014 | $301K | $412K | $1.6M | $495 | — | View 990 |
| 2013 | $513K | $399K | $1.6M | $0 | — | View 990 |
| 2012 | $243K | $389K | $1.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $327K, expenses of $354K, and assets of $1.0M (revenue +18.6% year-over-year).
- 2022: Revenue of $276K, expenses of $332K, and assets of $1.1M (revenue -37.0% year-over-year).
- 2021: Revenue of $438K, expenses of $335K, and assets of $1.1M (revenue +22.7% year-over-year).
- 2020: Revenue of $357K, expenses of $344K, and assets of $1.0M (revenue +64.3% year-over-year).
- 2016: Revenue of $218K, expenses of $384K, and assets of $1.2M (revenue -48.9% year-over-year).
- 2015: Revenue of $426K, expenses of $387K, and assets of $1.6M (revenue +41.3% year-over-year).
- 2014: Revenue of $301K, expenses of $412K, and assets of $1.6M (revenue -41.2% year-over-year).
- 2013: Revenue of $513K, expenses of $399K, and assets of $1.6M (revenue +110.8% year-over-year).
- 2012: Revenue of $243K, expenses of $389K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Miller Home Of Lynchburg Va:
Data Sources and Methodology
This transparency report for Miller Home Of Lynchburg Va 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.