Revolutionary War Veterans Association
Revolutionary War Veterans Association maintains strong asset base and volunteer leadership amidst fluctuating annual revenues.
EIN: 200850104 · Ramseur, NC · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $610K |
| Total Expenses | $455K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $919K |
| Transparency Score | 90/100 |
Is Revolutionary War Veterans Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Revolutionary War Veterans Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Revolutionary War Veterans Association
Revolutionary War Veterans Association (EIN: 200850104) is a nonprofit organization based in Ramseur, NC, classified under NTEE code B60. The organization reported total revenue of $610K and total assets of $995K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Revolutionary War Veterans Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Revolutionary War Veterans Association is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $600K |
| Total Expenses | $455K |
| Surplus / Deficit | +$145K |
| Total Assets | $919K |
| Net Assets | $919K |
| Operating Margin | 24.2% |
| Months of Reserves | 24.2 months |
Financial Health Grade: A
In 2024, Revolutionary War Veterans Association reported a surplus of $145K with revenue exceeding expenses, holds 24.2 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Revolutionary War Veterans Association's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +38.5% | -11.2% | +18.7% |
| 2023 | +79.8% | +8.5% | -9.3% |
| 2022 | -73.5% | +28.8% | -21.3% |
| 2021 | +190.6% | +39.5% | +100.5% |
| 2020 | -15.8% | -28.0% | +10.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Revolutionary War Veterans Association with a Mission Score of 90 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, Revolutionary War Veterans Association 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $145K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization. This significantly reduces administrative overhead and ensures that a greater proportion of funds can be directed towards program services, which is highly commendable for an organization of its size with nearly $1 million in assets.
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.
Strengths
The following positive indicators were identified for Revolutionary War Veterans Association:
- Strong asset base, reaching $919,260 in 202406, indicating financial stability.
- Zero reported liabilities across all recent filings, demonstrating excellent financial management.
- 0% officer compensation, highlighting a volunteer-driven model and high spending efficiency.
- Positive net income in the latest filing (202406: Revenue $600,435 vs. Expenses $455,429).
- Consistent filing history (14 filings), indicating transparency and compliance.
Frequently Asked Questions about Revolutionary War Veterans Association
Is Revolutionary War Veterans Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Revolutionary War Veterans Association (EIN: 200850104) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Revolutionary War Veterans Association spend its money?
Revolutionary War Veterans Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Revolutionary War Veterans Association tax-deductible?
Revolutionary War Veterans Association is registered as a tax-exempt nonprofit (EIN: 200850104). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Revolutionary War Veterans Association CEO make?
Revolutionary War Veterans Association's highest-compensated officer earns $1 annually. The organization reported $610K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Revolutionary War Veterans Association's spending goes to programs?
Revolutionary War Veterans Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Revolutionary War Veterans Association compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Revolutionary War Veterans Association is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Revolutionary War Veterans Association located?
Revolutionary War Veterans Association is headquartered in Ramseur, North Carolina and files with the IRS under EIN 200850104. It is classified under NTEE code B60.
How many years of IRS 990 filings does Revolutionary War Veterans Association have?
Revolutionary War Veterans Association has 14 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 $610K in total revenue.
Is Revolutionary War Veterans Association a good charity?
Based on the available financial data, the Revolutionary War Veterans Association appears to be a good charity. It maintains a strong asset base ($919,260 in 202406), has no reported liabilities, and operates with 0% officer compensation, indicating a highly efficient and volunteer-driven model. While revenue has fluctuated, the overall trend shows financial stability and a commitment to its mission.
How has the organization's financial health changed over time?
The organization's financial health has shown growth in assets, from $490,781 in 201906 to $919,260 in 202406. Revenue has fluctuated significantly, ranging from a low of $241,155 in 202206 to a high of $910,862 in 202106. Despite these fluctuations, the organization has generally managed its expenses well, often operating with a surplus, and has consistently maintained zero liabilities.
What is the organization's approach to executive compensation?
The Revolutionary War Veterans Association has a highly commendable approach to executive compensation, reporting 0% officer compensation in all available filings. This indicates that the organization is entirely volunteer-led at the executive level, ensuring that donor contributions are maximized for program delivery rather than administrative salaries.
Filing History
IRS 990 filing history for Revolutionary War Veterans Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Revolutionary War Veterans Association's revenue has grown by 13.6%, moving from $529K to $600K. Total assets increased by 198.2% over the same period, from $308K to $919K. Total functional expenses fell by 18.7%, from $560K to $455K. In its most recent filing year (2024), Revolutionary War Veterans Association reported a surplus of $145K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $600K | $455K | $919K | $0 | — | — |
| 2023 | $434K | $513K | $774K | $0 | — | View 990 |
| 2022 | $241K | $473K | $854K | $0 | — | View 990 |
| 2021 | $911K | $367K | $1.1M | $0 | — | — |
| 2020 | $313K | $263K | $541K | $0 | — | View 990 |
| 2019 | $372K | $366K | $491K | $0 | — | View 990 |
| 2018 | $356K | $341K | $558K | $3K | — | View 990 |
| 2017 | $356K | $342K | $542K | $3K | — | View 990 |
| 2016 | $408K | $425K | $526K | $0 | — | View 990 |
| 2015 | $461K | $373K | $543K | $0 | — | View 990 |
| 2014 | $469K | $341K | $456K | $871 | — | View 990 |
| 2013 | $586K | $423K | $331K | $3K | — | View 990 |
| 2012 | $521K | $662K | $165K | $656 | — | View 990 |
| 2011 | $529K | $560K | $308K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $600K, expenses of $455K, and assets of $919K (revenue +38.5% year-over-year).
- 2023: Revenue of $434K, expenses of $513K, and assets of $774K (revenue +79.8% year-over-year).
- 2022: Revenue of $241K, expenses of $473K, and assets of $854K (revenue -73.5% year-over-year).
- 2021: Revenue of $911K, expenses of $367K, and assets of $1.1M (revenue +190.6% year-over-year).
- 2020: Revenue of $313K, expenses of $263K, and assets of $541K (revenue -15.8% year-over-year).
- 2019: Revenue of $372K, expenses of $366K, and assets of $491K (revenue +4.7% year-over-year).
- 2018: Revenue of $356K, expenses of $341K, and assets of $558K (revenue -0.1% year-over-year).
- 2017: Revenue of $356K, expenses of $342K, and assets of $542K (revenue -12.8% year-over-year).
- 2016: Revenue of $408K, expenses of $425K, and assets of $526K (revenue -11.5% year-over-year).
- 2015: Revenue of $461K, expenses of $373K, and assets of $543K (revenue -1.6% year-over-year).
- 2014: Revenue of $469K, expenses of $341K, and assets of $456K (revenue -20.1% year-over-year).
- 2013: Revenue of $586K, expenses of $423K, and assets of $331K (revenue +12.5% year-over-year).
- 2012: Revenue of $521K, expenses of $662K, and assets of $165K (revenue -1.4% year-over-year).
- 2011: Revenue of $529K, expenses of $560K, and assets of $308K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Revolutionary War Veterans Association:
Data Sources and Methodology
This transparency report for Revolutionary War Veterans Association 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.