Newport News Potters House
Newport News Potters House shows strong asset growth and no officer compensation, but liabilities have significantly increased.
EIN: 134279128 · Newport News, VA · NTEE: X20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $492K |
| Total Expenses | $443K |
| Program Spending | 85% |
| Net Assets | $470K |
| Transparency Score | 85/100 |
Is Newport News Potters House Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Newport News Potters House directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Newport News Potters House
Newport News Potters House (EIN: 134279128) is a nonprofit organization based in Newport News, VA, classified under NTEE code X20. The organization reported total revenue of $492K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newport News Potters House's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newport News Potters House is a small nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $534K |
| Total Expenses | $443K |
| Surplus / Deficit | +$91K |
| Total Assets | $1.0M |
| Total Liabilities | $547K |
| Net Assets | $470K |
| Operating Margin | 17.0% |
| Debt-to-Asset Ratio | 53.8% |
| Months of Reserves | 27.6 months |
Financial Health Grade: A
In 2023, Newport News Potters House reported a surplus of $91K with revenue exceeding expenses, holds 27.6 months of operating reserves (strong position), has a debt-to-asset ratio of 53.8% (high leverage).
Financial Trends
Over 8 years of filings (2016–2023), Newport News Potters House's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.8% | +10.5% | +1.4% |
| 2022 | -9.3% | +30.4% | +0.5% |
| 2021 | +62.1% | -4.6% | +5596.4% |
| 2020 | +2.1% | -2.1% | +175.5% |
| 2019 | -15.4% | -14.1% | -26.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2016 |
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 Newport News Potters House with a Mission Score of 85 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, Newport News Potters House 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $91K, with revenue exceeding expenses.
- Debt-to-asset ratio: 53.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for donor confidence.
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 Newport News Potters House's IRS 990 filings:
- Significant increase in liabilities from $0 in 2020 to $547,403 in 2023 without clear explanation.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data.
Strengths
The following positive indicators were identified for Newport News Potters House:
- Consistent revenue generation, with latest revenue at $533,606.
- Strong asset growth from $2,477 in 2016 to over $1 million in 2023.
- 0% reported officer compensation across all filings, indicating volunteer leadership.
- Expenses consistently lower than revenue in recent years, allowing for asset accumulation.
- Consistent filing of IRS Form 990s, demonstrating transparency.
Frequently Asked Questions about Newport News Potters House
Is Newport News Potters House a legitimate charity?
Newport News Potters House (EIN: 134279128) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 8 years of IRS 990 filings on record. Total revenue: $492K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Newport News Potters House spend its money?
Newport News Potters House directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Newport News Potters House tax-deductible?
Newport News Potters House is registered as a tax-exempt nonprofit (EIN: 134279128). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Newport News Potters House's spending goes to programs?
Newport News Potters House directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Newport News Potters House compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Newport News Potters House is above average for NTEE category X20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Newport News Potters House located?
Newport News Potters House is headquartered in Newport News, Virginia and files with the IRS under EIN 134279128. It is classified under NTEE code X20.
How many years of IRS 990 filings does Newport News Potters House have?
Newport News Potters House has 8 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 $492K in total revenue.
What caused the significant increase in liabilities from $0 in 2020 to $547,403 in 2023?
The provided data does not specify the nature of these liabilities, but their rapid increase warrants further investigation into the organization's financial commitments and long-term solvency.
How does Newport News Potters House manage to operate without any reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization relies heavily on volunteer leadership or that compensation for key personnel is structured in a way that is not reported under this category on the 990 form.
What are the specific program activities that the organization funds?
The NTEE code X20 indicates 'Religious Organizations', but the provided data does not detail the specific programs or services offered by Newport News Potters House.
Filing History
IRS 990 filing history for Newport News Potters House showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Newport News Potters House's revenue has grown by 22.4%, moving from $436K to $534K. Total assets increased by 40976.1% over the same period, from $2K to $1.0M. Total functional expenses rose by 1.5%, from $437K to $443K. In its most recent filing year (2023), Newport News Potters House reported a surplus of $91K, with revenue exceeding expenses. The organization holds $547K in liabilities against $1.0M in assets (debt-to-asset ratio: 53.8%), resulting in net assets of $470K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $534K | $443K | $1.0M | $547K | — | View 990 |
| 2022 | $490K | $401K | $1.0M | $622K | — | View 990 |
| 2021 | $541K | $307K | $998K | $696K | — | View 990 |
| 2020 | $334K | $322K | $18K | $0 | — | View 990 |
| 2019 | $327K | $329K | $6K | $0 | — | View 990 |
| 2018 | $386K | $383K | $9K | $0 | — | View 990 |
| 2017 | $287K | $284K | $5K | $0 | — | — |
| 2016 | $436K | $437K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $534K, expenses of $443K, and assets of $1.0M (revenue +8.8% year-over-year).
- 2022: Revenue of $490K, expenses of $401K, and assets of $1.0M (revenue -9.3% year-over-year).
- 2021: Revenue of $541K, expenses of $307K, and assets of $998K (revenue +62.1% year-over-year).
- 2020: Revenue of $334K, expenses of $322K, and assets of $18K (revenue +2.1% year-over-year).
- 2019: Revenue of $327K, expenses of $329K, and assets of $6K (revenue -15.4% year-over-year).
- 2018: Revenue of $386K, expenses of $383K, and assets of $9K (revenue +34.5% year-over-year).
- 2017: Revenue of $287K, expenses of $284K, and assets of $5K (revenue -34.1% year-over-year).
- 2016: Revenue of $436K, expenses of $437K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newport News Potters House:
Data Sources and Methodology
This transparency report for Newport News Potters House 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.