Norway Vulcan Senior Citizens Cente R Inc
EIN: 382011284 · Norway, MI
| Metric | Value |
|---|---|
| Total Revenue | $233K |
| Total Expenses | $194K |
| Net Assets | $279K |
Is Norway Vulcan Senior Citizens Cente R Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Norway Vulcan Senior Citizens Cente R Inc
Norway Vulcan Senior Citizens Cente R Inc (EIN: 382011284) is a nonprofit organization based in Norway, MI. The organization reported total revenue of $233K and total assets of $322K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Norway Vulcan Senior Citizens Cente R Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Norway Vulcan Senior Citizens Cente R Inc is a small nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $215K |
| Total Expenses | $194K |
| Surplus / Deficit | +$21K |
| Total Assets | $280K |
| Total Liabilities | $1K |
| Net Assets | $279K |
| Operating Margin | 9.8% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 17.3 months |
Financial Health Grade: A
In 2023, Norway Vulcan Senior Citizens Cente R Inc reported a surplus of $21K with revenue exceeding expenses, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Norway Vulcan Senior Citizens Cente R Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.8% | +7.3% | +7.7% |
| 2022 | -0.8% | +10.6% | +9.7% |
| 2021 | +7.4% | +12.2% | +20.8% |
| 2020 | +57.2% | +21.5% | +31.0% |
| 2019 | +16.4% | -0.3% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Norway Vulcan Senior Citizens Cente R Inc 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 Norway Vulcan Senior Citizens Cente R Inc 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 $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Norway Vulcan Senior Citizens Cente R Inc
Is Norway Vulcan Senior Citizens Cente R Inc a legitimate charity?
Norway Vulcan Senior Citizens Cente R Inc (EIN: 382011284) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $233K. No red flags identified. Financial health grade: A.
How does Norway Vulcan Senior Citizens Cente R Inc spend its money?
Norway Vulcan Senior Citizens Cente R Inc reported $233K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Norway Vulcan Senior Citizens Cente R Inc tax-deductible?
Norway Vulcan Senior Citizens Cente R Inc is registered as a tax-exempt nonprofit (EIN: 382011284). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Norway Vulcan Senior Citizens Cente R Inc located?
Norway Vulcan Senior Citizens Cente R Inc is headquartered in Norway, Michigan and files with the IRS under EIN 382011284.
How many years of IRS 990 filings does Norway Vulcan Senior Citizens Cente R Inc have?
Norway Vulcan Senior Citizens Cente R 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 $233K in total revenue.
Filing History
IRS 990 filing history for Norway Vulcan Senior Citizens Cente R Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Norway Vulcan Senior Citizens Cente R Inc's revenue has grown by 517.2%, moving from $35K to $215K. Total assets increased by 49.1% over the same period, from $188K to $280K. Total functional expenses rose by 304.1%, from $48K to $194K. In its most recent filing year (2023), Norway Vulcan Senior Citizens Cente R Inc reported a surplus of $21K, with revenue exceeding expenses. The organization holds $1K in liabilities against $280K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $279K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $215K | $194K | $280K | $1K | — | — |
| 2022 | $204K | $181K | $260K | $2K | — | — |
| 2021 | $205K | $164K | $237K | $2K | — | View 990 |
| 2020 | $191K | $146K | $196K | $2K | — | — |
| 2019 | $122K | $120K | $149K | $1K | — | View 990 |
| 2018 | $104K | $120K | $148K | $1K | — | View 990 |
| 2017 | $107K | $127K | $164K | $1K | — | View 990 |
| 2016 | $133K | $99K | $183K | $1K | — | View 990 |
| 2015 | $37K | $53K | $149K | $348 | — | View 990 |
| 2014 | $43K | $58K | $165K | $71 | — | View 990 |
| 2013 | $51K | $53K | $179K | $0 | — | View 990 |
| 2012 | $40K | $47K | $181K | $0 | — | View 990 |
| 2011 | $35K | $48K | $188K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $215K, expenses of $194K, and assets of $280K (revenue +5.8% year-over-year).
- 2022: Revenue of $204K, expenses of $181K, and assets of $260K (revenue -0.8% year-over-year).
- 2021: Revenue of $205K, expenses of $164K, and assets of $237K (revenue +7.4% year-over-year).
- 2020: Revenue of $191K, expenses of $146K, and assets of $196K (revenue +57.2% year-over-year).
- 2019: Revenue of $122K, expenses of $120K, and assets of $149K (revenue +16.4% year-over-year).
- 2018: Revenue of $104K, expenses of $120K, and assets of $148K (revenue -2.6% year-over-year).
- 2017: Revenue of $107K, expenses of $127K, and assets of $164K (revenue -19.1% year-over-year).
- 2016: Revenue of $133K, expenses of $99K, and assets of $183K (revenue +255.2% year-over-year).
- 2015: Revenue of $37K, expenses of $53K, and assets of $149K (revenue -13.8% year-over-year).
- 2014: Revenue of $43K, expenses of $58K, and assets of $165K (revenue -14.8% year-over-year).
- 2013: Revenue of $51K, expenses of $53K, and assets of $179K (revenue +25.6% year-over-year).
- 2012: Revenue of $40K, expenses of $47K, and assets of $181K (revenue +15.9% year-over-year).
- 2011: Revenue of $35K, expenses of $48K, and assets of $188K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Norway Vulcan Senior Citizens Cente R Inc:
Data Sources and Methodology
This transparency report for Norway Vulcan Senior Citizens Cente R 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.