Priority Veteran Inc
EIN: 463483941 · Birmingham, AL · NTEE: L40
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.3M |
| Net Assets | $217K |
Is Priority Veteran Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Priority Veteran Inc
Priority Veteran Inc (EIN: 463483941) is a nonprofit organization based in Birmingham, AL, classified under NTEE code L40. The organization reported total revenue of $1.8M and total assets of $730K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Priority Veteran Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Priority Veteran Inc is a mid-size nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 25.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$11K |
| Total Assets | $356K |
| Total Liabilities | $139K |
| Net Assets | $217K |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 39.0% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, Priority Veteran Inc reported a surplus of $11K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 39.0% (moderate leverage).
Financial Trends
Over 11 years of filings (2013–2023), Priority Veteran Inc's revenue has grown at a compound annual growth rate (CAGR) of 25.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.6% | +5.5% | +9.1% |
| 2022 | +3.9% | +5.6% | +36.9% |
| 2021 | +1.4% | +3.1% | -20.8% |
| 2020 | +7.7% | +5.2% | +14.6% |
| 2019 | -8.7% | -13.0% | +98.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Priority Veteran 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 Priority Veteran 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 $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.0%.
Frequently Asked Questions about Priority Veteran Inc
Is Priority Veteran Inc a legitimate charity?
Priority Veteran Inc (EIN: 463483941) is a registered tax-exempt nonprofit based in Alabama. It has 11 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: A.
How does Priority Veteran Inc spend its money?
Priority Veteran Inc reported $1.8M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Priority Veteran Inc tax-deductible?
Priority Veteran Inc is registered as a tax-exempt nonprofit (EIN: 463483941). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Priority Veteran Inc located?
Priority Veteran Inc is headquartered in Birmingham, Alabama and files with the IRS under EIN 463483941. It is classified under NTEE code L40.
How many years of IRS 990 filings does Priority Veteran Inc have?
Priority Veteran Inc has 11 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Priority Veteran Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Priority Veteran Inc's revenue has grown by 828.1%, moving from $140K to $1.3M. Total assets increased by 198.4% over the same period, from $119K to $356K. Total functional expenses rose by 765.9%, from $149K to $1.3M. In its most recent filing year (2023), Priority Veteran Inc reported a surplus of $11K, with revenue exceeding expenses. The organization holds $139K in liabilities against $356K in assets (debt-to-asset ratio: 39.0%), resulting in net assets of $217K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $356K | $139K | — | — |
| 2022 | $1.2M | $1.2M | $326K | $120K | — | View 990 |
| 2021 | $1.2M | $1.2M | $238K | $54K | — | View 990 |
| 2020 | $1.2M | $1.1M | $301K | $156K | — | — |
| 2019 | $1.1M | $1.1M | $262K | $174K | — | View 990 |
| 2018 | $1.2M | $1.2M | $132K | $71K | — | View 990 |
| 2017 | $1.3M | $1.2M | $138K | $49K | — | View 990 |
| 2016 | $1.2M | $1.2M | $184K | $190K | — | View 990 |
| 2015 | $989K | $947K | $83K | $81K | — | View 990 |
| 2014 | $946K | $978K | $158K | $199K | — | View 990 |
| 2013 | $140K | $149K | $119K | $128K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $356K (revenue +4.6% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $326K (revenue +3.9% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.2M, and assets of $238K (revenue +1.4% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $301K (revenue +7.7% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $262K (revenue -8.7% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $132K (revenue -9.9% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $138K (revenue +11.8% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $184K (revenue +20.2% year-over-year).
- 2015: Revenue of $989K, expenses of $947K, and assets of $83K (revenue +4.6% year-over-year).
- 2014: Revenue of $946K, expenses of $978K, and assets of $158K (revenue +576.1% year-over-year).
- 2013: Revenue of $140K, expenses of $149K, and assets of $119K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Priority Veteran Inc:
Data Sources and Methodology
This transparency report for Priority Veteran 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.