Thousand Oaks Townhouse Association
EIN: 540955242 · Manassas, VA
| Metric | Value |
|---|---|
| Total Revenue | $415K |
| Total Expenses | $288K |
| Net Assets | $754K |
Is Thousand Oaks Townhouse Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thousand Oaks Townhouse Association
Thousand Oaks Townhouse Association (EIN: 540955242) is a nonprofit organization based in Manassas, VA. The organization reported total revenue of $415K and total assets of $785K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thousand Oaks Townhouse Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thousand Oaks Townhouse Association is a small nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $402K |
| Total Expenses | $288K |
| Surplus / Deficit | +$115K |
| Total Assets | $757K |
| Total Liabilities | $3K |
| Net Assets | $754K |
| Operating Margin | 28.5% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 31.6 months |
Financial Health Grade: A
In 2023, Thousand Oaks Townhouse Association reported a surplus of $115K with revenue exceeding expenses, holds 31.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2023), Thousand Oaks Townhouse Association's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.5% | +2.9% | +15.9% |
| 2022 | +21.8% | -16.8% | +22.9% |
| 2021 | +1.2% | +10.4% | -1.1% |
| 2020 | +5.1% | -19.0% | +5.3% |
| 2019 | -8.9% | +20.0% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Thousand Oaks Townhouse Association 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 Thousand Oaks Townhouse Association 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 $115K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Thousand Oaks Townhouse Association
Is Thousand Oaks Townhouse Association a legitimate charity?
Thousand Oaks Townhouse Association (EIN: 540955242) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $415K. No red flags identified. Financial health grade: A.
How does Thousand Oaks Townhouse Association spend its money?
Thousand Oaks Townhouse Association reported $415K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Thousand Oaks Townhouse Association tax-deductible?
Thousand Oaks Townhouse Association is registered as a tax-exempt nonprofit (EIN: 540955242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Thousand Oaks Townhouse Association located?
Thousand Oaks Townhouse Association is headquartered in Manassas, Virginia and files with the IRS under EIN 540955242.
How many years of IRS 990 filings does Thousand Oaks Townhouse Association have?
Thousand Oaks Townhouse Association has 13 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 $415K in total revenue.
Filing History
IRS 990 filing history for Thousand Oaks Townhouse Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Thousand Oaks Townhouse Association's revenue has grown by 41.4%, moving from $285K to $402K. Total assets increased by 110.3% over the same period, from $360K to $757K. Total functional expenses rose by 11.4%, from $258K to $288K. In its most recent filing year (2023), Thousand Oaks Townhouse Association reported a surplus of $115K, with revenue exceeding expenses. The organization holds $3K in liabilities against $757K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $754K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $402K | $288K | $757K | $3K | — | View 990 |
| 2022 | $404K | $279K | $653K | $12K | — | — |
| 2021 | $332K | $336K | $531K | $15K | — | View 990 |
| 2020 | $328K | $304K | $537K | $17K | — | — |
| 2019 | $312K | $376K | $510K | $13K | — | View 990 |
| 2018 | $342K | $313K | $553K | $12K | — | View 990 |
| 2017 | $316K | $274K | $529K | $17K | — | — |
| 2016 | $324K | $279K | $486K | $16K | — | View 990 |
| 2015 | $306K | $269K | $432K | $36K | — | View 990 |
| 2013 | $312K | $304K | $369K | $45K | — | View 990 |
| 2012 | $314K | $343K | $354K | $39K | — | View 990 |
| 2011 | $310K | $278K | $383K | $38K | — | View 990 |
| 2010 | $285K | $258K | $360K | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $402K, expenses of $288K, and assets of $757K (revenue -0.5% year-over-year).
- 2022: Revenue of $404K, expenses of $279K, and assets of $653K (revenue +21.8% year-over-year).
- 2021: Revenue of $332K, expenses of $336K, and assets of $531K (revenue +1.2% year-over-year).
- 2020: Revenue of $328K, expenses of $304K, and assets of $537K (revenue +5.1% year-over-year).
- 2019: Revenue of $312K, expenses of $376K, and assets of $510K (revenue -8.9% year-over-year).
- 2018: Revenue of $342K, expenses of $313K, and assets of $553K (revenue +8.5% year-over-year).
- 2017: Revenue of $316K, expenses of $274K, and assets of $529K (revenue -2.5% year-over-year).
- 2016: Revenue of $324K, expenses of $279K, and assets of $486K (revenue +5.8% year-over-year).
- 2015: Revenue of $306K, expenses of $269K, and assets of $432K (revenue -2.1% year-over-year).
- 2013: Revenue of $312K, expenses of $304K, and assets of $369K (revenue -0.5% year-over-year).
- 2012: Revenue of $314K, expenses of $343K, and assets of $354K (revenue +1.2% year-over-year).
- 2011: Revenue of $310K, expenses of $278K, and assets of $383K (revenue +9.0% year-over-year).
- 2010: Revenue of $285K, expenses of $258K, and assets of $360K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thousand Oaks Townhouse Association:
Data Sources and Methodology
This transparency report for Thousand Oaks Townhouse Association 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.