The Virginia Climate Program
EIN: 870863486 · Raleigh, NC · NTEE: C01
Is The Virginia Climate Program Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Virginia Climate Program
The Virginia Climate Program (EIN: 870863486) is a nonprofit organization based in Raleigh, NC, classified under NTEE code C01. The organization reported total revenue of $468K and total assets of $132K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Virginia Climate Program's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Virginia Climate Program is a small nonprofit that has been operating for 3 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 42.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $419K |
| Total Expenses | $353K |
| Surplus / Deficit | +$66K |
| Total Assets | $146K |
| Total Liabilities | $2K |
| Net Assets | $145K |
| Operating Margin | 15.7% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 5.0 months |
Financial Health Grade: A
In 2023, The Virginia Climate Program reported a surplus of $66K with revenue exceeding expenses, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), The Virginia Climate Program's revenue has grown at a compound annual growth rate (CAGR) of 42.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +167.4% | +81.9% | +77.6% |
| 2022 | -24.1% | +115.2% | -30.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Virginia Climate Program 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 The Virginia Climate Program 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 $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.1%.
Frequently Asked Questions about The Virginia Climate Program
Is The Virginia Climate Program a legitimate charity?
Based on AI analysis of IRS 990 filings, The Virginia Climate Program (EIN: 870863486) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Virginia Climate Program spend its money?
Detailed spending breakdown data is not yet available for The Virginia Climate Program. Check back for updated IRS 990 analysis.
Are donations to The Virginia Climate Program tax-deductible?
The Virginia Climate Program is registered as a tax-exempt nonprofit (EIN: 870863486). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for The Virginia Climate Program showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), The Virginia Climate Program's revenue has grown by 102.9%, moving from $207K to $419K. Total assets increased by 24.2% over the same period, from $118K to $146K. Total functional expenses rose by 291.3%, from $90K to $353K. In its most recent filing year (2023), The Virginia Climate Program reported a surplus of $66K, with revenue exceeding expenses. The organization holds $2K in liabilities against $146K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $145K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $419K | $353K | $146K | $2K | — | — |
| 2022 | $157K | $194K | $82K | $4K | — | View 990 |
| 2021 | $207K | $90K | $118K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $419K, expenses of $353K, and assets of $146K (revenue +167.4% year-over-year).
- 2022: Revenue of $157K, expenses of $194K, and assets of $82K (revenue -24.1% year-over-year).
- 2021: Revenue of $207K, expenses of $90K, and assets of $118K.
Data Sources and Methodology
This transparency report for The Virginia Climate Program 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.