Mineral Volunteer Dept
EIN: 541371829 · Mineral, VA
Is Mineral Volunteer Dept Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mineral Volunteer Dept
Mineral Volunteer Dept (EIN: 541371829) is a nonprofit organization based in Mineral, VA. The organization reported total revenue of $391K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mineral Volunteer Dept's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mineral Volunteer Dept is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $713K |
| Total Expenses | $259K |
| Surplus / Deficit | +$453K |
| Total Assets | $2.1M |
| Net Assets | $2.1M |
| Operating Margin | 63.6% |
| Months of Reserves | 95.3 months |
Financial Health Grade: A
In 2023, Mineral Volunteer Dept reported a surplus of $453K with revenue exceeding expenses, holds 95.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Mineral Volunteer Dept's revenue has grown at a compound annual growth rate (CAGR) of 16.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +159.1% | -1.6% | +28.3% |
| 2022 | +5.4% | +18.5% | +0.7% |
| 2021 | +89.3% | +66.9% | +2.5% |
| 2020 | -14.3% | -13.7% | +0.3% |
| 2019 | +1.1% | -14.6% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mineral Volunteer Dept 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 Mineral Volunteer Dept 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 surplus of $453K, with revenue exceeding expenses.
Frequently Asked Questions about Mineral Volunteer Dept
Is Mineral Volunteer Dept a legitimate charity?
Based on AI analysis of IRS 990 filings, Mineral Volunteer Dept (EIN: 541371829) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mineral Volunteer Dept spend its money?
Detailed spending breakdown data is not yet available for Mineral Volunteer Dept. Check back for updated IRS 990 analysis.
Are donations to Mineral Volunteer Dept tax-deductible?
Mineral Volunteer Dept is registered as a tax-exempt nonprofit (EIN: 541371829). 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 Mineral Volunteer Dept showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mineral Volunteer Dept's revenue has grown by 547.7%, moving from $110K to $713K. Total assets increased by 28.1% over the same period, from $1.6M to $2.1M. Total functional expenses rose by 76.1%, from $147K to $259K. In its most recent filing year (2023), Mineral Volunteer Dept reported a surplus of $453K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $713K | $259K | $2.1M | $0 | — | — |
| 2022 | $275K | $263K | $1.6M | $0 | — | — |
| 2021 | $261K | $222K | $1.6M | $0 | — | View 990 |
| 2020 | $138K | $133K | $1.6M | $0 | — | — |
| 2019 | $161K | $154K | $1.6M | $0 | — | View 990 |
| 2018 | $159K | $181K | $1.5M | $0 | — | View 990 |
| 2017 | $198K | $184K | $1.6M | $0 | — | View 990 |
| 2016 | $183K | $188K | $1.6M | $0 | — | View 990 |
| 2015 | $227K | $176K | $1.6M | $958 | — | View 990 |
| 2014 | $196K | $178K | $1.5M | $31K | — | View 990 |
| 2013 | $186K | $159K | $1.6M | $80K | — | View 990 |
| 2012 | $254K | $205K | $1.6M | $127K | — | View 990 |
| 2011 | $110K | $147K | $1.6M | $195K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $713K, expenses of $259K, and assets of $2.1M (revenue +159.1% year-over-year).
- 2022: Revenue of $275K, expenses of $263K, and assets of $1.6M (revenue +5.4% year-over-year).
- 2021: Revenue of $261K, expenses of $222K, and assets of $1.6M (revenue +89.3% year-over-year).
- 2020: Revenue of $138K, expenses of $133K, and assets of $1.6M (revenue -14.3% year-over-year).
- 2019: Revenue of $161K, expenses of $154K, and assets of $1.6M (revenue +1.1% year-over-year).
- 2018: Revenue of $159K, expenses of $181K, and assets of $1.5M (revenue -19.6% year-over-year).
- 2017: Revenue of $198K, expenses of $184K, and assets of $1.6M (revenue +8.2% year-over-year).
- 2016: Revenue of $183K, expenses of $188K, and assets of $1.6M (revenue -19.3% year-over-year).
- 2015: Revenue of $227K, expenses of $176K, and assets of $1.6M (revenue +15.9% year-over-year).
- 2014: Revenue of $196K, expenses of $178K, and assets of $1.5M (revenue +5.4% year-over-year).
- 2013: Revenue of $186K, expenses of $159K, and assets of $1.6M (revenue -26.9% year-over-year).
- 2012: Revenue of $254K, expenses of $205K, and assets of $1.6M (revenue +131.0% year-over-year).
- 2011: Revenue of $110K, expenses of $147K, and assets of $1.6M.
Data Sources and Methodology
This transparency report for Mineral Volunteer Dept 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.