Thoreau College Inc
EIN: 510573715 · Viroqua, WI · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $381K |
| Total Expenses | $430K |
| Net Assets | $15K |
Is Thoreau College Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thoreau College Inc
Thoreau College Inc (EIN: 510573715) is a nonprofit organization based in Viroqua, WI, classified under NTEE code B90. The organization reported total revenue of $381K and total assets of $465 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thoreau College Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thoreau College Inc is a small nonprofit that has been operating for 17 years, with 9 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 24.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $421K |
| Total Expenses | $430K |
| Surplus / Deficit | $-8,320 |
| Total Assets | $13K |
| Net Assets | $15K |
| Operating Margin | -2.0% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2023, Thoreau College Inc reported a deficit of $8K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited).
Financial Trends
Over 9 years of filings (2010–2023), Thoreau College Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.6% | -0.4% | -45.4% |
| 2022 | +17.5% | +12.0% | -44.7% |
| 2021 | +563.3% | +681.1% | +31.7% |
| 2017 | +6.4% | +19.1% | +13.5% |
| 2016 | -45.8% | -45.1% | +42.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Thoreau College Inc 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 Thoreau College Inc 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 $8K, with expenses exceeding revenue.
Frequently Asked Questions about Thoreau College Inc
Is Thoreau College Inc a legitimate charity?
Thoreau College Inc (EIN: 510573715) is a registered tax-exempt nonprofit based in Wisconsin. It has 9 years of IRS 990 filings on record. Total revenue: $381K. No red flags identified. Financial health grade: C.
How does Thoreau College Inc spend its money?
Thoreau College Inc reported $381K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Thoreau College Inc tax-deductible?
Thoreau College Inc is registered as a tax-exempt nonprofit (EIN: 510573715). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Thoreau College Inc located?
Thoreau College Inc is headquartered in Viroqua, Wisconsin and files with the IRS under EIN 510573715. It is classified under NTEE code B90.
How many years of IRS 990 filings does Thoreau College Inc have?
Thoreau College Inc has 9 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 $381K in total revenue.
Filing History
IRS 990 filing history for Thoreau College Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2010–2023), Thoreau College Inc's revenue has grown by 1653.3%, moving from $24K to $421K. Total assets increased by 237.3% over the same period, from $4K to $13K. Total functional expenses rose by 1756.3%, from $23K to $430K. In its most recent filing year (2023), Thoreau College Inc reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $421K | $430K | $13K | $-1,737 | — | — |
| 2022 | $415K | $431K | $24K | $744 | — | View 990 |
| 2021 | $353K | $385K | $43K | $3K | — | View 990 |
| 2017 | $53K | $49K | $33K | $0 | — | View 990 |
| 2016 | $50K | $41K | $29K | $0 | — | View 990 |
| 2015 | $92K | $75K | $20K | $0 | — | View 990 |
| 2014 | $107K | $113K | $3K | $0 | — | View 990 |
| 2013 | $53K | $50K | $10K | $0 | — | View 990 |
| 2010 | $24K | $23K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $421K, expenses of $430K, and assets of $13K (revenue +1.6% year-over-year).
- 2022: Revenue of $415K, expenses of $431K, and assets of $24K (revenue +17.5% year-over-year).
- 2021: Revenue of $353K, expenses of $385K, and assets of $43K (revenue +563.3% year-over-year).
- 2017: Revenue of $53K, expenses of $49K, and assets of $33K (revenue +6.4% year-over-year).
- 2016: Revenue of $50K, expenses of $41K, and assets of $29K (revenue -45.8% year-over-year).
- 2015: Revenue of $92K, expenses of $75K, and assets of $20K (revenue -13.8% year-over-year).
- 2014: Revenue of $107K, expenses of $113K, and assets of $3K (revenue +102.3% year-over-year).
- 2013: Revenue of $53K, expenses of $50K, and assets of $10K (revenue +119.9% year-over-year).
- 2010: Revenue of $24K, expenses of $23K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thoreau College Inc:
Data Sources and Methodology
This transparency report for Thoreau College Inc 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.