Va Competition Hare Scramble Services Inc
Va Competition Hare Scramble Services Inc consistently operates with zero liabilities and no officer compensation.
EIN: 208385796 · Keswick, VA · NTEE: N50 · Updated: 2026-03-28
Is Va Competition Hare Scramble Services Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Va Competition Hare Scramble Services Inc directs 98% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Va Competition Hare Scramble Services Inc
Va Competition Hare Scramble Services Inc (EIN: 208385796) is a nonprofit organization based in Keswick, VA, classified under NTEE code N50. The organization reported total revenue of $375K and total assets of $50K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Va Competition Hare Scramble Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Va Competition Hare Scramble Services Inc is a small nonprofit that has been operating for 12 years, with 14 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $198K |
| Total Expenses | $193K |
| Surplus / Deficit | +$5K |
| Total Assets | $53K |
| Net Assets | $53K |
| Operating Margin | 2.3% |
| Months of Reserves | 3.3 months |
Financial Health Grade: A
In 2023, Va Competition Hare Scramble Services Inc reported a surplus of $5K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2009–2023), Va Competition Hare Scramble Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.9% | +43.5% | +9.6% |
| 2022 | +78.7% | +46.3% | +171.1% |
| 2021 | -49.7% | -53.0% | +1.9% |
| 2020 | +4.5% | +8.5% | -40.9% |
| 2019 | +8.4% | +8.4% | -13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Va Competition Hare Scramble Services Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 2%
- programs: 98%
- fundraising: 0%
According to IRS 990 filings, Va Competition Hare Scramble Services Inc allocates its expenses as follows: admin: 2%, programs: 98%, fundraising: 0%. With 98% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that the organization's leadership is unpaid, which is highly unusual for an organization of its revenue size and demonstrates a strong volunteer-driven model.
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.
Strengths
The following positive indicators were identified for Va Competition Hare Scramble Services Inc:
- Consistent zero liabilities across all filings
- 0% officer compensation, indicating volunteer leadership
- High program spending efficiency (e.g., 98% in 2023)
- Positive revenue growth in recent years
- Clear alignment between name, NTEE code, and financial activity
Frequently Asked Questions about Va Competition Hare Scramble Services Inc
Is Va Competition Hare Scramble Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Va Competition Hare Scramble Services Inc (EIN: 208385796) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Va Competition Hare Scramble Services Inc spend its money?
Va Competition Hare Scramble Services Inc directs 98% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Va Competition Hare Scramble Services Inc tax-deductible?
Va Competition Hare Scramble Services Inc is registered as a tax-exempt nonprofit (EIN: 208385796). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Va Competition Hare Scramble Services Inc a good charity?
Based on its financial data, Va Competition Hare Scramble Services Inc appears to be a well-managed organization with strong program spending, no liabilities, and no executive compensation, suggesting a high degree of efficiency and dedication to its mission.
How does the organization manage its finances without officer compensation?
The consistent 0% officer compensation suggests that the organization is run by volunteers, which significantly reduces overhead and allows a greater proportion of funds to be directed towards its programs.
What is the trend in the organization's revenue?
Revenue has shown an upward trend in recent years, from $92,440 in 2021 to $198,088 in 2023, indicating growth in its activities and support.
Filing History
IRS 990 filing history for Va Competition Hare Scramble Services Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2009–2023), Va Competition Hare Scramble Services Inc's revenue has grown by 138.6%, moving from $83K to $198K. Total assets increased by 2402.5% over the same period, from $2K to $53K. Total functional expenses rose by 135.4%, from $82K to $193K. In its most recent filing year (2023), Va Competition Hare Scramble Services Inc reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $198K | $193K | $53K | $0 | — | View 990 |
| 2022 | $165K | $135K | $48K | $0 | — | View 990 |
| 2021 | $92K | $92K | $18K | $0 | — | View 990 |
| 2020 | $184K | $196K | $17K | $0 | — | View 990 |
| 2019 | $176K | $181K | $29K | $0 | — | View 990 |
| 2018 | $162K | $167K | $34K | $0 | — | View 990 |
| 2017 | $166K | $166K | $38K | $0 | — | View 990 |
| 2016 | $127K | $116K | $38K | $0 | — | View 990 |
| 2015 | $121K | $117K | $27K | $0 | — | View 990 |
| 2014 | $125K | $115K | $22K | $0 | — | View 990 |
| 2012 | $128K | $129K | $17K | $0 | — | View 990 |
| 2011 | $116K | $113K | $18K | $0 | — | View 990 |
| 2010 | $112K | $100K | $14K | $0 | — | View 990 |
| 2009 | $83K | $82K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $198K, expenses of $193K, and assets of $53K (revenue +19.9% year-over-year).
- 2022: Revenue of $165K, expenses of $135K, and assets of $48K (revenue +78.7% year-over-year).
- 2021: Revenue of $92K, expenses of $92K, and assets of $18K (revenue -49.7% year-over-year).
- 2020: Revenue of $184K, expenses of $196K, and assets of $17K (revenue +4.5% year-over-year).
- 2019: Revenue of $176K, expenses of $181K, and assets of $29K (revenue +8.4% year-over-year).
- 2018: Revenue of $162K, expenses of $167K, and assets of $34K (revenue -2.3% year-over-year).
- 2017: Revenue of $166K, expenses of $166K, and assets of $38K (revenue +30.8% year-over-year).
- 2016: Revenue of $127K, expenses of $116K, and assets of $38K (revenue +4.6% year-over-year).
- 2015: Revenue of $121K, expenses of $117K, and assets of $27K (revenue -2.9% year-over-year).
- 2014: Revenue of $125K, expenses of $115K, and assets of $22K (revenue -2.3% year-over-year).
- 2012: Revenue of $128K, expenses of $129K, and assets of $17K (revenue +10.0% year-over-year).
- 2011: Revenue of $116K, expenses of $113K, and assets of $18K (revenue +3.4% year-over-year).
- 2010: Revenue of $112K, expenses of $100K, and assets of $14K (revenue +35.4% year-over-year).
- 2009: Revenue of $83K, expenses of $82K, and assets of $2K.
Data Sources and Methodology
This transparency report for Va Competition Hare Scramble Services 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.