Nonprofit Village Center Inc
Nonprofit Village Center Inc faces persistent operating deficits and growing liabilities, with assets significantly lower than debts.
EIN: 204264212 · Rockville, MD · NTEE: S19 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $285K |
| Total Expenses | $650K |
| Program Spending | 70% |
| Net Assets | $-297,534 |
| Transparency Score | 55/100 |
Is Nonprofit Village Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nonprofit Village Center Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Nonprofit Village Center Inc
Nonprofit Village Center Inc (EIN: 204264212) is a nonprofit organization based in Rockville, MD, classified under NTEE code S19. The organization reported total revenue of $285K and total assets of $151K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nonprofit Village Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nonprofit Village Center Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $604K |
| Total Expenses | $650K |
| Surplus / Deficit | $-45,774 |
| Total Assets | $360K |
| Total Liabilities | $658K |
| Net Assets | $-297,534 |
| Operating Margin | -7.6% |
| Debt-to-Asset Ratio | 182.5% |
| Months of Reserves | 6.7 months |
Financial Health Grade: C
In 2023, Nonprofit Village Center Inc reported a deficit of $46K with expenses exceeding revenue, holds 6.7 months of operating reserves (strong position), has a debt-to-asset ratio of 182.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nonprofit Village Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.6% | -18.1% | +5.6% |
| 2022 | +3.6% | +24.1% | -14.8% |
| 2021 | +13.6% | -2.0% | -3.2% |
| 2020 | +15.5% | +0.4% | +75.6% |
| 2019 | +2.5% | +31.3% | +4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Nonprofit Village Center Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Nonprofit Village Center Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 182.5%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated at very low levels, 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 Nonprofit Village Center Inc's IRS 990 filings:
- Persistent operating deficits (e.g., $45,774 deficit in 202306, $125,811 deficit in 202206)
- Liabilities significantly exceed assets (e.g., $657,979 liabilities vs. $360,445 assets in 202306)
- Negative and declining net asset position
- Long-term financial sustainability concerns due to consistent losses
Strengths
The following positive indicators were identified for Nonprofit Village Center Inc:
- Strong transparency regarding executive compensation (0% officer compensation reported)
- Consistent revenue generation over several years, albeit often insufficient to cover expenses
Frequently Asked Questions about Nonprofit Village Center Inc
Is Nonprofit Village Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nonprofit Village Center Inc (EIN: 204264212) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
How does Nonprofit Village Center Inc spend its money?
Nonprofit Village Center Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nonprofit Village Center Inc tax-deductible?
Nonprofit Village Center Inc is registered as a tax-exempt nonprofit (EIN: 204264212). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nonprofit Village Center Inc's spending goes to programs?
Nonprofit Village Center Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Nonprofit Village Center Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Nonprofit Village Center Inc is near average for NTEE category S19 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nonprofit Village Center Inc located?
Nonprofit Village Center Inc is headquartered in Rockville, Maryland and files with the IRS under EIN 204264212. It is classified under NTEE code S19.
How many years of IRS 990 filings does Nonprofit Village Center Inc have?
Nonprofit Village Center Inc has 13 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 $285K in total revenue.
Is Nonprofit Village Center Inc financially stable?
Based on the provided data, Nonprofit Village Center Inc does not appear financially stable. It has consistently reported expenses exceeding revenue, leading to growing liabilities that significantly outweigh its assets. For example, in 202306, liabilities were $657,979 while assets were $360,445.
What is the trend in the organization's net assets?
The organization's net assets have been consistently negative and declining. In 202306, assets were $360,445 and liabilities were $657,979, indicating a net deficit of approximately $297,534. This trend of liabilities exceeding assets has been evident in recent years.
How does the organization cover its operating deficits?
The consistent operating deficits suggest the organization is either drawing down on reserves (though assets are low relative to liabilities), relying on new debt, or receiving irregular large contributions not reflected in the annual revenue figures provided. The increasing liabilities point towards reliance on debt.
Is the organization transparent about its leadership compensation?
Yes, the organization appears highly transparent regarding leadership compensation, consistently reporting 0% for officer compensation across all available filings.
Filing History
IRS 990 filing history for Nonprofit Village Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nonprofit Village Center Inc's revenue has grown by 100.4%, moving from $301K to $604K. Total assets increased by 16.9% over the same period, from $308K to $360K. Total functional expenses rose by 70.7%, from $381K to $650K. In its most recent filing year (2023), Nonprofit Village Center Inc reported a deficit of $46K, with expenses exceeding revenue. The organization holds $658K in liabilities against $360K in assets (debt-to-asset ratio: 182.5%), resulting in net assets of $-297,534.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $604K | $650K | $360K | $658K | — | — |
| 2022 | $668K | $794K | $341K | $594K | — | View 990 |
| 2021 | $645K | $639K | $400K | $527K | — | View 990 |
| 2020 | $568K | $652K | $414K | $546K | — | View 990 |
| 2019 | $491K | $650K | $236K | $283K | — | View 990 |
| 2018 | $479K | $495K | $225K | $114K | — | View 990 |
| 2017 | $416K | $481K | $196K | $71K | — | View 990 |
| 2016 | $400K | $514K | $259K | $60K | — | View 990 |
| 2015 | $476K | $488K | $283K | $38K | — | View 990 |
| 2014 | $396K | $463K | $323K | $65K | — | View 990 |
| 2013 | $517K | $453K | $436K | $112K | — | View 990 |
| 2012 | $382K | $429K | $423K | $163K | — | View 990 |
| 2011 | $301K | $381K | $308K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $604K, expenses of $650K, and assets of $360K (revenue -9.6% year-over-year).
- 2022: Revenue of $668K, expenses of $794K, and assets of $341K (revenue +3.6% year-over-year).
- 2021: Revenue of $645K, expenses of $639K, and assets of $400K (revenue +13.6% year-over-year).
- 2020: Revenue of $568K, expenses of $652K, and assets of $414K (revenue +15.5% year-over-year).
- 2019: Revenue of $491K, expenses of $650K, and assets of $236K (revenue +2.5% year-over-year).
- 2018: Revenue of $479K, expenses of $495K, and assets of $225K (revenue +15.2% year-over-year).
- 2017: Revenue of $416K, expenses of $481K, and assets of $196K (revenue +4.0% year-over-year).
- 2016: Revenue of $400K, expenses of $514K, and assets of $259K (revenue -15.9% year-over-year).
- 2015: Revenue of $476K, expenses of $488K, and assets of $283K (revenue +20.0% year-over-year).
- 2014: Revenue of $396K, expenses of $463K, and assets of $323K (revenue -23.3% year-over-year).
- 2013: Revenue of $517K, expenses of $453K, and assets of $436K (revenue +35.5% year-over-year).
- 2012: Revenue of $382K, expenses of $429K, and assets of $423K (revenue +26.6% year-over-year).
- 2011: Revenue of $301K, expenses of $381K, and assets of $308K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nonprofit Village Center Inc:
Data Sources and Methodology
This transparency report for Nonprofit Village Center 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.