The Volunteer Center Of The Triad
EIN: 561134052 · Greensboro, NC · NTEE: T40Z
| Metric | Value |
|---|---|
| Total Revenue | $206K |
| Total Expenses | $132K |
| Net Assets | $106K |
Is The Volunteer Center Of The Triad Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Volunteer Center Of The Triad
The Volunteer Center Of The Triad (EIN: 561134052) is a nonprofit organization based in Greensboro, NC, classified under NTEE code T40Z. The organization reported total revenue of $206K and total assets of $119K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Volunteer Center Of The Triad's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Volunteer Center Of The Triad is a small nonprofit that has been operating for 50 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -5.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $206K |
| Total Expenses | $132K |
| Surplus / Deficit | +$74K |
| Total Assets | $119K |
| Total Liabilities | $13K |
| Net Assets | $106K |
| Operating Margin | 36.0% |
| Debt-to-Asset Ratio | 10.9% |
| Months of Reserves | 10.9 months |
Financial Health Grade: A
In 2024, The Volunteer Center Of The Triad reported a surplus of $74K with revenue exceeding expenses, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 10.9% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), The Volunteer Center Of The Triad's revenue has declined at a compound annual growth rate (CAGR) of -5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.1% | -45.4% | +26.4% |
| 2023 | -32.9% | -26.6% | -4.3% |
| 2022 | -18.2% | -1.1% | -20.6% |
| 2021 | +12.5% | -3.9% | -32.7% |
| 2020 | -5.6% | -6.1% | +61.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Volunteer Center Of The Triad 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 Volunteer Center Of The Triad 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $74K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.9%.
Frequently Asked Questions about The Volunteer Center Of The Triad
Is The Volunteer Center Of The Triad a legitimate charity?
The Volunteer Center Of The Triad (EIN: 561134052) is a registered tax-exempt nonprofit based in North Carolina. It has 14 years of IRS 990 filings on record. Total revenue: $206K. No red flags identified. Financial health grade: A.
How does The Volunteer Center Of The Triad spend its money?
The Volunteer Center Of The Triad reported $206K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Volunteer Center Of The Triad tax-deductible?
The Volunteer Center Of The Triad is registered as a tax-exempt nonprofit (EIN: 561134052). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Volunteer Center Of The Triad located?
The Volunteer Center Of The Triad is headquartered in Greensboro, North Carolina and files with the IRS under EIN 561134052. It is classified under NTEE code T40Z.
How many years of IRS 990 filings does The Volunteer Center Of The Triad have?
The Volunteer Center Of The Triad 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 $206K in total revenue.
Filing History
IRS 990 filing history for The Volunteer Center Of The Triad showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), The Volunteer Center Of The Triad's revenue has declined by 50.6%, moving from $416K to $206K. Total assets decreased by 26.8% over the same period, from $163K to $119K. Total functional expenses fell by 67.8%, from $409K to $132K. In its most recent filing year (2024), The Volunteer Center Of The Triad reported a surplus of $74K, with revenue exceeding expenses. The organization holds $13K in liabilities against $119K in assets (debt-to-asset ratio: 10.9%), resulting in net assets of $106K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $206K | $132K | $119K | $13K | — | — |
| 2023 | $200K | $241K | $94K | $91K | — | — |
| 2022 | $297K | $329K | $99K | $53K | — | — |
| 2021 | $364K | $332K | $124K | $10K | — | — |
| 2020 | $323K | $346K | $185K | $102K | — | View 990 |
| 2019 | $343K | $368K | $114K | $9K | — | View 990 |
| 2018 | $405K | $403K | $147K | $16K | — | View 990 |
| 2017 | $347K | $356K | $143K | $15K | — | View 990 |
| 2016 | $352K | $349K | $148K | $10K | — | View 990 |
| 2015 | $321K | $355K | $152K | $17K | — | View 990 |
| 2014 | $343K | $377K | $187K | $18K | — | View 990 |
| 2013 | $486K | $470K | $204K | $2K | — | View 990 |
| 2012 | $353K | $325K | $203K | $17K | — | View 990 |
| 2011 | $416K | $409K | $163K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $206K, expenses of $132K, and assets of $119K (revenue +3.1% year-over-year).
- 2023: Revenue of $200K, expenses of $241K, and assets of $94K (revenue -32.9% year-over-year).
- 2022: Revenue of $297K, expenses of $329K, and assets of $99K (revenue -18.2% year-over-year).
- 2021: Revenue of $364K, expenses of $332K, and assets of $124K (revenue +12.5% year-over-year).
- 2020: Revenue of $323K, expenses of $346K, and assets of $185K (revenue -5.6% year-over-year).
- 2019: Revenue of $343K, expenses of $368K, and assets of $114K (revenue -15.4% year-over-year).
- 2018: Revenue of $405K, expenses of $403K, and assets of $147K (revenue +16.9% year-over-year).
- 2017: Revenue of $347K, expenses of $356K, and assets of $143K (revenue -1.7% year-over-year).
- 2016: Revenue of $352K, expenses of $349K, and assets of $148K (revenue +9.9% year-over-year).
- 2015: Revenue of $321K, expenses of $355K, and assets of $152K (revenue -6.4% year-over-year).
- 2014: Revenue of $343K, expenses of $377K, and assets of $187K (revenue -29.5% year-over-year).
- 2013: Revenue of $486K, expenses of $470K, and assets of $204K (revenue +37.6% year-over-year).
- 2012: Revenue of $353K, expenses of $325K, and assets of $203K (revenue -15.1% year-over-year).
- 2011: Revenue of $416K, expenses of $409K, and assets of $163K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Volunteer Center Of The Triad:
Data Sources and Methodology
This transparency report for The Volunteer Center Of The Triad 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.