Vacker Place
EIN: 471758705 · Dassel, MN · NTEE: P70
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $2.1M |
| Net Assets | $177K |
Is Vacker Place Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vacker Place
Vacker Place (EIN: 471758705) is a nonprofit organization based in Dassel, MN, classified under NTEE code P70. The organization reported total revenue of $2.0M and total assets of $266K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vacker Place's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vacker Place is a mid-size nonprofit that has been operating for 11 years, with 4 years of IRS 990 filings on record (2014–2017). Revenue has grown at a compound annual rate of 50.0%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-89,183 |
| Total Assets | $266K |
| Total Liabilities | $89K |
| Net Assets | $177K |
| Operating Margin | -4.4% |
| Debt-to-Asset Ratio | 33.4% |
| Months of Reserves | 1.5 months |
Financial Health Grade: C
In 2017, Vacker Place reported a deficit of $89K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 33.4% (moderate leverage).
Financial Trends
Over 4 years of filings (2014–2017), Vacker Place's revenue has grown at a compound annual growth rate (CAGR) of 50.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -6.0% | -8.5% | -32.0% |
| 2016 | -7.3% | +4.6% | -37.0% |
| 2015 | +287.7% | +648.8% | +40.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vacker Place 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 Vacker Place 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $89K, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.4%.
Frequently Asked Questions about Vacker Place
Is Vacker Place a legitimate charity?
Vacker Place (EIN: 471758705) is a registered tax-exempt nonprofit based in Minnesota. It has 4 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. Financial health grade: C.
How does Vacker Place spend its money?
Vacker Place reported $2.0M in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Vacker Place tax-deductible?
Vacker Place is registered as a tax-exempt nonprofit (EIN: 471758705). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vacker Place located?
Vacker Place is headquartered in Dassel, Minnesota and files with the IRS under EIN 471758705. It is classified under NTEE code P70.
How many years of IRS 990 filings does Vacker Place have?
Vacker Place has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.0M in total revenue.
Filing History
IRS 990 filing history for Vacker Place showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2014–2017), Vacker Place's revenue has grown by 237.8%, moving from $605K to $2.0M. Total assets decreased by 40% over the same period, from $443K to $266K. Total functional expenses rose by 616.8%, from $297K to $2.1M. In its most recent filing year (2017), Vacker Place reported a deficit of $89K, with expenses exceeding revenue. The organization holds $89K in liabilities against $266K in assets (debt-to-asset ratio: 33.4%), resulting in net assets of $177K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $2.0M | $2.1M | $266K | $89K | — | View 990 |
| 2016 | $2.2M | $2.3M | $391K | $125K | — | — |
| 2015 | $2.3M | $2.2M | $621K | $196K | — | View 990 |
| 2014 | $605K | $297K | $443K | $136K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $2.0M, expenses of $2.1M, and assets of $266K (revenue -6.0% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.3M, and assets of $391K (revenue -7.3% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.2M, and assets of $621K (revenue +287.7% year-over-year).
- 2014: Revenue of $605K, expenses of $297K, and assets of $443K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vacker Place:
Data Sources and Methodology
This transparency report for Vacker Place 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.