Ten Thousand Villages Oak Park
Ten Thousand Villages Oak Park faces recent operating deficits despite asset growth and no reported officer compensation.
EIN: 204123872 · Oak Park, IL · NTEE: Q32 · Updated: 2026-03-28
Is Ten Thousand Villages Oak Park Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ten Thousand Villages Oak Park directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ten Thousand Villages Oak Park
Ten Thousand Villages Oak Park (EIN: 204123872) is a nonprofit organization based in Oak Park, IL, classified under NTEE code Q32. The organization reported total revenue of $414K and total assets of $345K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ten Thousand Villages Oak Park's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ten Thousand Villages Oak Park with a Mission Score of 70 out of 100 (Good). 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, Ten Thousand Villages Oak Park 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure or that executive roles are compensated through other means not classified as officer compensation, which is highly unusual for an organization with annual revenues exceeding $400,000.
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.
Red Flags
The following concerns were identified during AI analysis of Ten Thousand Villages Oak Park's IRS 990 filings:
- Consistent operating deficits in recent periods (e.g., 202403 and 202303).
- Significant increase in liabilities from $28,149 in 202003 to $236,369 in 202403.
- Lack of reported officer compensation for an organization of this revenue size, which could mask compensation or indicate reliance on unpaid leadership.
Strengths
The following positive indicators were identified for Ten Thousand Villages Oak Park:
- Long operational history with 13 filings, indicating stability and commitment.
- No reported officer compensation, suggesting a strong volunteer ethos or highly efficient leadership structure.
- Consistent asset growth from $122,787 in 202003 to $344,988 in 202403.
Frequently Asked Questions about Ten Thousand Villages Oak Park
Is Ten Thousand Villages Oak Park a legitimate charity?
Based on AI analysis of IRS 990 filings, Ten Thousand Villages Oak Park (EIN: 204123872) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Ten Thousand Villages Oak Park spend its money?
Ten Thousand Villages Oak Park directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ten Thousand Villages Oak Park tax-deductible?
Ten Thousand Villages Oak Park is registered as a tax-exempt nonprofit (EIN: 204123872). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ten Thousand Villages Oak Park a good charity?
Ten Thousand Villages Oak Park appears to be a mission-driven organization, evidenced by its consistent operation and lack of reported officer compensation. However, recent financial trends showing expenses exceeding revenue (e.g., $473,828 expenses vs. $414,277 revenue in 202403) suggest potential financial sustainability challenges that warrant closer examination.
Why are expenses consistently higher than revenue in recent years?
For the periods 202403 and 202303, expenses ($473,828 and $489,741 respectively) have exceeded revenue ($414,277 and $477,428 respectively). This indicates an operating deficit, which if sustained, could impact the organization's long-term financial health. Further investigation into the nature of these expenses and revenue streams would be beneficial.
What is the nature of the significant increase in liabilities?
Liabilities have increased substantially from $28,149 in 202003 to $236,369 in 202403. This significant jump, particularly in the last two periods, could indicate increased debt, deferred revenue, or other financial obligations that need to be understood to assess financial risk.
Filing History
IRS 990 filing history for Ten Thousand Villages Oak Park showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Ten Thousand Villages Oak Park's revenue has declined by 25.8%, moving from $559K to $414K. Total assets increased by 168.2% over the same period, from $129K to $345K. Total functional expenses fell by 14.2%, from $552K to $474K. In its most recent filing year (2024), Ten Thousand Villages Oak Park reported a deficit of $60K, with expenses exceeding revenue. The organization holds $236K in liabilities against $345K in assets (debt-to-asset ratio: 68.5%), resulting in net assets of $109K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $414K | $474K | $345K | $236K | — | — |
| 2023 | $477K | $490K | $287K | $153K | — | — |
| 2022 | $471K | $397K | $285K | $138K | — | View 990 |
| 2021 | $300K | $321K | $249K | $176K | — | View 990 |
| 2020 | $547K | $510K | $123K | $28K | — | View 990 |
| 2019 | $523K | $511K | $142K | $85K | — | View 990 |
| 2018 | $500K | $500K | $102K | $57K | — | — |
| 2017 | $480K | $494K | $94K | $49K | — | View 990 |
| 2016 | $517K | $526K | $101K | $43K | — | View 990 |
| 2015 | $527K | $533K | $97K | $29K | — | View 990 |
| 2014 | $526K | $546K | $105K | $33K | — | View 990 |
| 2013 | $532K | $535K | $124K | $31K | — | View 990 |
| 2012 | $559K | $552K | $129K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $414K, expenses of $474K, and assets of $345K (revenue -13.2% year-over-year).
- 2023: Revenue of $477K, expenses of $490K, and assets of $287K (revenue +1.4% year-over-year).
- 2022: Revenue of $471K, expenses of $397K, and assets of $285K (revenue +57.0% year-over-year).
- 2021: Revenue of $300K, expenses of $321K, and assets of $249K (revenue -45.2% year-over-year).
- 2020: Revenue of $547K, expenses of $510K, and assets of $123K (revenue +4.6% year-over-year).
- 2019: Revenue of $523K, expenses of $511K, and assets of $142K (revenue +4.7% year-over-year).
- 2018: Revenue of $500K, expenses of $500K, and assets of $102K (revenue +4.1% year-over-year).
- 2017: Revenue of $480K, expenses of $494K, and assets of $94K (revenue -7.2% year-over-year).
- 2016: Revenue of $517K, expenses of $526K, and assets of $101K (revenue -1.9% year-over-year).
- 2015: Revenue of $527K, expenses of $533K, and assets of $97K (revenue +0.3% year-over-year).
- 2014: Revenue of $526K, expenses of $546K, and assets of $105K (revenue -1.1% year-over-year).
- 2013: Revenue of $532K, expenses of $535K, and assets of $124K (revenue -4.9% year-over-year).
- 2012: Revenue of $559K, expenses of $552K, and assets of $129K.
Data Sources and Methodology
This transparency report for Ten Thousand Villages Oak Park 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.