Nonprofit Vote Inc
Nonprofit Vote Inc shows fluctuating annual financial performance but maintains a strong asset base and zero officer compensation.
EIN: 204568862 · Somerville, MA · NTEE: R40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.4M |
| Transparency Score | 88/100 |
Is Nonprofit Vote Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nonprofit Vote Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nonprofit Vote Inc
Nonprofit Vote Inc (EIN: 204568862) is a nonprofit organization based in Somerville, MA, classified under NTEE code R40. The organization reported total revenue of $1.2M and total assets of $969K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nonprofit Vote Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nonprofit Vote Inc is a mid-size 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 9.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-475,844 |
| Total Assets | $1.5M |
| Total Liabilities | $96K |
| Net Assets | $1.4M |
| Operating Margin | -44.4% |
| Debt-to-Asset Ratio | 6.5% |
| Months of Reserves | 11.6 months |
Financial Health Grade: B
In 2023, Nonprofit Vote Inc reported a deficit of $476K with expenses exceeding revenue, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 6.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nonprofit Vote Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -52.7% | -11.4% | -25.9% |
| 2022 | +50.1% | +26.2% | +43.4% |
| 2021 | -32.8% | -24.9% | +1.9% |
| 2020 | +142.3% | +104.0% | +59.1% |
| 2019 | -42.4% | -5.1% | +3.6% |
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 Vote Inc with a Mission Score of 88 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, Nonprofit Vote 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 deficit of $476K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive sign for a nonprofit of its size, with revenues ranging from approximately $1 million to over $2 million in recent years.
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 Vote Inc's IRS 990 filings:
- Significant deficit in 2023 ($475,844), where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Nonprofit Vote Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency in executive spending.
- Strong asset base ($1,492,188 in 2023) relative to liabilities ($96,389), demonstrating financial solvency.
- History of generating over $2 million in revenue in peak years (e.g., 2022, 2020), showing fundraising capacity.
Frequently Asked Questions about Nonprofit Vote Inc
Is Nonprofit Vote Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nonprofit Vote Inc (EIN: 204568862) some concerns. Mission Score: 88/100. 1 red flag identified, 3 strengths noted.
How does Nonprofit Vote Inc spend its money?
Nonprofit Vote Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nonprofit Vote Inc tax-deductible?
Nonprofit Vote Inc is registered as a tax-exempt nonprofit (EIN: 204568862). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nonprofit Vote Inc CEO make?
Nonprofit Vote Inc's highest-compensated officer earns $1 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nonprofit Vote Inc's spending goes to programs?
Nonprofit Vote Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nonprofit Vote Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Nonprofit Vote Inc is above average for NTEE category R40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nonprofit Vote Inc located?
Nonprofit Vote Inc is headquartered in Somerville, Massachusetts and files with the IRS under EIN 204568862. It is classified under NTEE code R40.
How many years of IRS 990 filings does Nonprofit Vote Inc have?
Nonprofit Vote 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 $1.2M in total revenue.
Is Nonprofit Vote Inc a good charity?
Based on the available data, Nonprofit Vote Inc appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to program spending. While there are fluctuations in annual revenue and expenses, the organization maintains a healthy asset base, suggesting financial stability.
What caused the deficit in 2023?
In 2023, Nonprofit Vote Inc reported expenses of $1,547,226 against revenues of $1,071,382, resulting in a deficit. The specific causes are not detailed in the summary data, but it could be due to increased program activities, one-time operational costs, or a temporary dip in fundraising.
How stable is Nonprofit Vote Inc financially?
Financially, Nonprofit Vote Inc shows reasonable stability. Despite a deficit in 2023, its assets grew to $1,492,188, significantly exceeding its liabilities of $96,389. The organization has also demonstrated the ability to generate substantial revenue in previous years, such as $2,263,822 in 2022.
Filing History
IRS 990 filing history for Nonprofit Vote Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nonprofit Vote Inc's revenue has grown by 187.7%, moving from $372K to $1.1M. Total assets increased by 5195.6% over the same period, from $28K to $1.5M. Total functional expenses rose by 317.7%, from $370K to $1.5M. In its most recent filing year (2023), Nonprofit Vote Inc reported a deficit of $476K, with expenses exceeding revenue. The organization holds $96K in liabilities against $1.5M in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.5M | $1.5M | $96K | — | — |
| 2022 | $2.3M | $1.7M | $2.0M | $141K | — | View 990 |
| 2021 | $1.5M | $1.4M | $1.4M | $50K | — | View 990 |
| 2020 | $2.2M | $1.8M | $1.4M | $149K | — | View 990 |
| 2019 | $926K | $903K | $866K | $40K | — | View 990 |
| 2018 | $1.6M | $951K | $835K | $34K | — | View 990 |
| 2017 | $519K | $567K | $207K | $63K | — | View 990 |
| 2016 | $644K | $778K | $243K | $51K | — | View 990 |
| 2015 | $740K | $658K | $399K | $73K | — | View 990 |
| 2014 | $418K | $961K | $289K | $45K | — | View 990 |
| 2013 | $1.0M | $318K | $808K | $21K | — | View 990 |
| 2012 | $676K | $601K | $111K | $31K | — | View 990 |
| 2011 | $372K | $370K | $28K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.5M, and assets of $1.5M (revenue -52.7% year-over-year).
- 2022: Revenue of $2.3M, expenses of $1.7M, and assets of $2.0M (revenue +50.1% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.4M, and assets of $1.4M (revenue -32.8% year-over-year).
- 2020: Revenue of $2.2M, expenses of $1.8M, and assets of $1.4M (revenue +142.3% year-over-year).
- 2019: Revenue of $926K, expenses of $903K, and assets of $866K (revenue -42.4% year-over-year).
- 2018: Revenue of $1.6M, expenses of $951K, and assets of $835K (revenue +209.9% year-over-year).
- 2017: Revenue of $519K, expenses of $567K, and assets of $207K (revenue -19.4% year-over-year).
- 2016: Revenue of $644K, expenses of $778K, and assets of $243K (revenue -12.9% year-over-year).
- 2015: Revenue of $740K, expenses of $658K, and assets of $399K (revenue +77.0% year-over-year).
- 2014: Revenue of $418K, expenses of $961K, and assets of $289K (revenue -59.2% year-over-year).
- 2013: Revenue of $1.0M, expenses of $318K, and assets of $808K (revenue +51.9% year-over-year).
- 2012: Revenue of $676K, expenses of $601K, and assets of $111K (revenue +81.4% year-over-year).
- 2011: Revenue of $372K, expenses of $370K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nonprofit Vote Inc:
Data Sources and Methodology
This transparency report for Nonprofit Vote 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.