Rva Hampton Roads Mega Region Collaborative
EIN: 844486132 · Richmond, VA · NTEE: S31
| Metric | Value |
|---|---|
| Total Revenue | $629K |
| Total Expenses | $715K |
| Net Assets | $167K |
Is Rva Hampton Roads Mega Region Collaborative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rva Hampton Roads Mega Region Collaborative
Rva Hampton Roads Mega Region Collaborative (EIN: 844486132) is a nonprofit organization based in Richmond, VA, classified under NTEE code S31. The organization reported total revenue of $629K and total assets of $71K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rva Hampton Roads Mega Region Collaborative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rva Hampton Roads Mega Region Collaborative is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 41.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $668K |
| Total Expenses | $715K |
| Surplus / Deficit | $-47,334 |
| Total Assets | $200K |
| Total Liabilities | $33K |
| Net Assets | $167K |
| Operating Margin | -7.1% |
| Debt-to-Asset Ratio | 16.6% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2023, Rva Hampton Roads Mega Region Collaborative reported a deficit of $47K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 16.6% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Rva Hampton Roads Mega Region Collaborative's revenue has grown at a compound annual growth rate (CAGR) of 41.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.8% | +54.3% | -24.3% |
| 2022 | -6.1% | -0.5% | -33.2% |
| 2021 | +129.6% | +238.2% | +306.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rva Hampton Roads Mega Region Collaborative 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 Rva Hampton Roads Mega Region Collaborative 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 $47K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.6%.
Frequently Asked Questions about Rva Hampton Roads Mega Region Collaborative
Is Rva Hampton Roads Mega Region Collaborative a legitimate charity?
Rva Hampton Roads Mega Region Collaborative (EIN: 844486132) is a registered tax-exempt nonprofit based in Virginia. It has 4 years of IRS 990 filings on record. Total revenue: $629K. No red flags identified. Financial health grade: B.
How does Rva Hampton Roads Mega Region Collaborative spend its money?
Rva Hampton Roads Mega Region Collaborative reported $629K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Rva Hampton Roads Mega Region Collaborative tax-deductible?
Rva Hampton Roads Mega Region Collaborative is registered as a tax-exempt nonprofit (EIN: 844486132). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rva Hampton Roads Mega Region Collaborative located?
Rva Hampton Roads Mega Region Collaborative is headquartered in Richmond, Virginia and files with the IRS under EIN 844486132. It is classified under NTEE code S31.
How many years of IRS 990 filings does Rva Hampton Roads Mega Region Collaborative have?
Rva Hampton Roads Mega Region Collaborative has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $629K in total revenue.
Filing History
IRS 990 filing history for Rva Hampton Roads Mega Region Collaborative showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Rva Hampton Roads Mega Region Collaborative's revenue has grown by 184.3%, moving from $235K to $668K. Total assets increased by 105.5% over the same period, from $97K to $200K. Total functional expenses rose by 419.3%, from $138K to $715K. In its most recent filing year (2023), Rva Hampton Roads Mega Region Collaborative reported a deficit of $47K, with expenses exceeding revenue. The organization holds $33K in liabilities against $200K in assets (debt-to-asset ratio: 16.6%), resulting in net assets of $167K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $668K | $715K | $200K | $33K | — | View 990 |
| 2022 | $507K | $464K | $264K | $50K | — | View 990 |
| 2021 | $540K | $466K | $395K | $224K | — | View 990 |
| 2020 | $235K | $138K | $97K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $668K, expenses of $715K, and assets of $200K (revenue +31.8% year-over-year).
- 2022: Revenue of $507K, expenses of $464K, and assets of $264K (revenue -6.1% year-over-year).
- 2021: Revenue of $540K, expenses of $466K, and assets of $395K (revenue +129.6% year-over-year).
- 2020: Revenue of $235K, expenses of $138K, and assets of $97K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rva Hampton Roads Mega Region Collaborative:
Data Sources and Methodology
This transparency report for Rva Hampton Roads Mega Region Collaborative 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.