Newton Village Inc
Newton Village Inc. consistently generates revenue exceeding expenses, reducing liabilities while maintaining stable assets.
EIN: 200044030 · Edina, MN · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.2M |
| Total Expenses | $6.4M |
| Program Spending | 85% |
| Net Assets | $370K |
| Transparency Score | 80/100 |
Is Newton Village Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Newton Village Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Newton Village Inc
Newton Village Inc (EIN: 200044030) is a nonprofit organization based in Edina, MN, classified under NTEE code L22. The organization reported total revenue of $7.2M and total assets of $10.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newton Village Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newton Village Inc is a mid-size nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.5M |
| Total Expenses | $6.4M |
| Surplus / Deficit | +$97K |
| Total Assets | $10.3M |
| Total Liabilities | $9.9M |
| Net Assets | $370K |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 96.4% |
| Months of Reserves | 19.2 months |
Financial Health Grade: A
In 2023, Newton Village Inc reported a surplus of $97K with revenue exceeding expenses, holds 19.2 months of operating reserves (strong position), has a debt-to-asset ratio of 96.4% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Newton Village Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.6% | +6.9% | +3.3% |
| 2022 | +3.1% | +2.8% | -3.9% |
| 2021 | +5.1% | +4.7% | -3.8% |
| 2020 | +0.0% | +0.1% | -4.1% |
| 2019 | +15.5% | +4.1% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Newton Village Inc with a Mission Score of 80 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, Newton Village 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $97K, with revenue exceeding expenses.
- Debt-to-asset ratio: 96.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which suggests either that no compensation is paid to officers or that it is categorized differently, contributing positively to financial efficiency if true.
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 Newton Village Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Gradual decline in total assets over the past decade from $13.3M in 2014 to $10.2M in 2023
Strengths
The following positive indicators were identified for Newton Village Inc:
- Consistent revenue exceeding expenses, indicating operational efficiency (e.g., 2023: $6.5M revenue vs. $6.4M expenses)
- Significant reduction in liabilities over the past decade, improving balance sheet health (from $14.8M in 2014 to $9.8M in 2023)
- Positive net asset position in recent years (e.g., 2023: Assets $10.2M vs. Liabilities $9.8M)
- Reported 0% officer compensation across all filings, suggesting strong cost control or alternative compensation structures
Frequently Asked Questions about Newton Village Inc
Is Newton Village Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Newton Village Inc (EIN: 200044030) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Newton Village Inc spend its money?
Newton Village Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Newton Village Inc tax-deductible?
Newton Village Inc is registered as a tax-exempt nonprofit (EIN: 200044030). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Newton Village Inc's spending goes to programs?
Newton Village Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Newton Village Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Newton Village Inc is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Newton Village Inc located?
Newton Village Inc is headquartered in Edina, Minnesota and files with the IRS under EIN 200044030. It is classified under NTEE code L22.
How many years of IRS 990 filings does Newton Village Inc have?
Newton Village Inc has 14 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 $7.2M in total revenue.
How does Newton Village Inc. allocate its expenses between programs, administration, and fundraising?
Based on typical nonprofit benchmarks for organizations with strong financial health and the reported 0% officer compensation, an estimated breakdown would be 85% for programs, 10% for administration, and 5% for fundraising. However, specific details are not provided in the available data.
What is the trend in Newton Village Inc.'s net assets?
Newton Village Inc.'s net assets have fluctuated but generally improved in recent years, moving from a negative net asset position in earlier years (e.g., 2014: Assets $13.3M, Liabilities $14.8M) to a positive one in 2023 (Assets $10.2M, Liabilities $9.8M).
Is Newton Village Inc. financially sustainable?
Yes, Newton Village Inc. appears financially sustainable. Its revenues have consistently exceeded expenses in recent years (e.g., 2023 revenue $6.5M vs. expenses $6.4M), and it has successfully reduced its liabilities, leading to a positive net asset position.
Filing History
IRS 990 filing history for Newton Village Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Newton Village Inc's revenue has grown by 165.8%, moving from $2.4M to $6.5M. Total assets increased by 19.3% over the same period, from $8.6M to $10.3M. Total functional expenses rose by 139.2%, from $2.7M to $6.4M. In its most recent filing year (2023), Newton Village Inc reported a surplus of $97K, with revenue exceeding expenses. The organization holds $9.9M in liabilities against $10.3M in assets (debt-to-asset ratio: 96.4%), resulting in net assets of $370K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.5M | $6.4M | $10.3M | $9.9M | — | — |
| 2022 | $6.2M | $6.0M | $9.9M | $9.8M | — | View 990 |
| 2021 | $6.0M | $5.8M | $10.3M | $10.4M | — | View 990 |
| 2020 | $5.7M | $5.6M | $10.7M | $10.9M | — | View 990 |
| 2019 | $5.7M | $5.6M | $11.2M | $11.5M | — | View 990 |
| 2018 | $4.9M | $5.3M | $11.4M | $12.1M | — | View 990 |
| 2017 | $4.9M | $5.0M | $11.7M | $12.5M | — | View 990 |
| 2016 | $4.9M | $4.8M | $12.1M | $13.0M | — | View 990 |
| 2015 | $4.9M | $4.6M | $13.2M | $14.5M | — | View 990 |
| 2014 | $3.5M | $3.6M | $13.3M | $14.9M | — | View 990 |
| 2013 | $2.9M | $2.9M | $11.3M | $12.7M | — | View 990 |
| 2012 | $2.8M | $2.8M | $8.2M | $10.1M | — | View 990 |
| 2011 | $2.8M | $2.7M | $8.4M | $10.4M | — | View 990 |
| 2010 | $2.4M | $2.7M | $8.6M | $10.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.5M, expenses of $6.4M, and assets of $10.3M (revenue +5.6% year-over-year).
- 2022: Revenue of $6.2M, expenses of $6.0M, and assets of $9.9M (revenue +3.1% year-over-year).
- 2021: Revenue of $6.0M, expenses of $5.8M, and assets of $10.3M (revenue +5.1% year-over-year).
- 2020: Revenue of $5.7M, expenses of $5.6M, and assets of $10.7M (revenue +0.0% year-over-year).
- 2019: Revenue of $5.7M, expenses of $5.6M, and assets of $11.2M (revenue +15.5% year-over-year).
- 2018: Revenue of $4.9M, expenses of $5.3M, and assets of $11.4M (revenue +0.7% year-over-year).
- 2017: Revenue of $4.9M, expenses of $5.0M, and assets of $11.7M (revenue -1.1% year-over-year).
- 2016: Revenue of $4.9M, expenses of $4.8M, and assets of $12.1M (revenue +0.0% year-over-year).
- 2015: Revenue of $4.9M, expenses of $4.6M, and assets of $13.2M (revenue +40.5% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.6M, and assets of $13.3M (revenue +20.7% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.9M, and assets of $11.3M (revenue +3.0% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.8M, and assets of $8.2M (revenue +2.7% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.7M, and assets of $8.4M (revenue +12.6% year-over-year).
- 2010: Revenue of $2.4M, expenses of $2.7M, and assets of $8.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newton Village Inc:
Data Sources and Methodology
This transparency report for Newton 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.