Residents Association Of Westminister Canterbury In Va Bch
EIN: 541429184 · Virginia Bch, VA
| Metric | Value |
|---|---|
| Total Revenue | $521K |
| Total Expenses | $522K |
| Net Assets | $70K |
Is Residents Association Of Westminister Canterbury In Va Bch Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Residents Association Of Westminister Canterbury In Va Bch
Residents Association Of Westminister Canterbury In Va Bch (EIN: 541429184) is a nonprofit organization based in Virginia Bch, VA. The organization reported total revenue of $521K and total assets of $80K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Residents Association Of Westminister Canterbury In Va Bch's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Residents Association Of Westminister Canterbury In Va Bch is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $496K |
| Total Expenses | $522K |
| Surplus / Deficit | $-26,086 |
| Total Assets | $70K |
| Net Assets | $70K |
| Operating Margin | -5.3% |
| Months of Reserves | 1.6 months |
Financial Health Grade: C
In 2023, Residents Association Of Westminister Canterbury In Va Bch reported a deficit of $26K with expenses exceeding revenue, holds 1.6 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Residents Association Of Westminister Canterbury In Va Bch's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.9% | +16.5% | -28.5% |
| 2022 | +4.5% | +13.1% | -0.5% |
| 2021 | +27.8% | +16.9% | +48.1% |
| 2020 | -12.7% | -12.3% | -5.8% |
| 2019 | -11.6% | -2.9% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Residents Association Of Westminister Canterbury In Va Bch 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 Residents Association Of Westminister Canterbury In Va Bch 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 deficit of $26K, with expenses exceeding revenue.
Frequently Asked Questions about Residents Association Of Westminister Canterbury In Va Bch
Is Residents Association Of Westminister Canterbury In Va Bch a legitimate charity?
Residents Association Of Westminister Canterbury In Va Bch (EIN: 541429184) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $521K. No red flags identified. Financial health grade: C.
How does Residents Association Of Westminister Canterbury In Va Bch spend its money?
Residents Association Of Westminister Canterbury In Va Bch reported $521K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Residents Association Of Westminister Canterbury In Va Bch tax-deductible?
Residents Association Of Westminister Canterbury In Va Bch is registered as a tax-exempt nonprofit (EIN: 541429184). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Residents Association Of Westminister Canterbury In Va Bch located?
Residents Association Of Westminister Canterbury In Va Bch is headquartered in Virginia Bch, Virginia and files with the IRS under EIN 541429184.
How many years of IRS 990 filings does Residents Association Of Westminister Canterbury In Va Bch have?
Residents Association Of Westminister Canterbury In Va Bch 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 $521K in total revenue.
Filing History
IRS 990 filing history for Residents Association Of Westminister Canterbury In Va Bch showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Residents Association Of Westminister Canterbury In Va Bch's revenue has grown by 83.7%, moving from $270K to $496K. Total assets increased by 138.9% over the same period, from $29K to $70K. Total functional expenses rose by 91.9%, from $272K to $522K. In its most recent filing year (2023), Residents Association Of Westminister Canterbury In Va Bch reported a deficit of $26K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $496K | $522K | $70K | $0 | — | View 990 |
| 2022 | $448K | $448K | $98K | $0 | — | View 990 |
| 2021 | $428K | $396K | $99K | $0 | — | — |
| 2020 | $335K | $339K | $67K | $0 | — | — |
| 2019 | $384K | $387K | $71K | $0 | — | View 990 |
| 2018 | $434K | $398K | $74K | $0 | — | View 990 |
| 2017 | $400K | $423K | $38K | $0 | — | View 990 |
| 2016 | $392K | $383K | $61K | $0 | — | View 990 |
| 2015 | $319K | $319K | $42K | $0 | — | View 990 |
| 2014 | $305K | $307K | $42K | $0 | — | View 990 |
| 2013 | $296K | $289K | $43K | $0 | — | View 990 |
| 2012 | $287K | $280K | $37K | $0 | — | View 990 |
| 2011 | $270K | $272K | $29K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $496K, expenses of $522K, and assets of $70K (revenue +10.9% year-over-year).
- 2022: Revenue of $448K, expenses of $448K, and assets of $98K (revenue +4.5% year-over-year).
- 2021: Revenue of $428K, expenses of $396K, and assets of $99K (revenue +27.8% year-over-year).
- 2020: Revenue of $335K, expenses of $339K, and assets of $67K (revenue -12.7% year-over-year).
- 2019: Revenue of $384K, expenses of $387K, and assets of $71K (revenue -11.6% year-over-year).
- 2018: Revenue of $434K, expenses of $398K, and assets of $74K (revenue +8.4% year-over-year).
- 2017: Revenue of $400K, expenses of $423K, and assets of $38K (revenue +2.0% year-over-year).
- 2016: Revenue of $392K, expenses of $383K, and assets of $61K (revenue +22.9% year-over-year).
- 2015: Revenue of $319K, expenses of $319K, and assets of $42K (revenue +4.7% year-over-year).
- 2014: Revenue of $305K, expenses of $307K, and assets of $42K (revenue +3.0% year-over-year).
- 2013: Revenue of $296K, expenses of $289K, and assets of $43K (revenue +3.1% year-over-year).
- 2012: Revenue of $287K, expenses of $280K, and assets of $37K (revenue +6.3% year-over-year).
- 2011: Revenue of $270K, expenses of $272K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Residents Association Of Westminister Canterbury In Va Bch:
Data Sources and Methodology
This transparency report for Residents Association Of Westminister Canterbury In Va Bch 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.