Valley Cares Inc
Valley Cares Inc. consistently operates near break-even with no reported officer compensation.
EIN: 201980713 · Townshend, VT · NTEE: L200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| Net Assets | $1.1M |
| Transparency Score | 88/100 |
Is Valley Cares Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Valley Cares Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Valley Cares Inc
Valley Cares Inc (EIN: 201980713) is a nonprofit organization based in Townshend, VT, classified under NTEE code L200. The organization reported total revenue of $2.3M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Valley Cares Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Valley Cares Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-25,521 |
| Total Assets | $2.4M |
| Total Liabilities | $1.3M |
| Net Assets | $1.1M |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 54.1% |
| Months of Reserves | 13.3 months |
Financial Health Grade: C
In 2023, Valley Cares Inc reported a deficit of $26K with expenses exceeding revenue, holds 13.3 months of operating reserves (strong position), has a debt-to-asset ratio of 54.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Valley Cares Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.2% | -6.9% | -3.4% |
| 2022 | +5.6% | -6.8% | +8.9% |
| 2021 | +5.8% | +3.7% | -5.8% |
| 2020 | +10.7% | +11.0% | +8.4% |
| 2019 | +2.6% | +3.2% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Valley Cares Inc with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Valley Cares Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 54.1%.
Executive Compensation Analysis
Valley Cares Inc. reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is a strong positive for financial efficiency and donor confidence.
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.
Red Flags
The following concerns were identified during AI analysis of Valley Cares Inc's IRS 990 filings:
- Frequent minor operational deficits (e.g., 202309 expenses $2,156,633 vs. revenue $2,131,112)
- Significant liabilities relative to assets (e.g., 202309 liabilities $1,288,085 against assets $2,382,842)
Strengths
The following positive indicators were identified for Valley Cares Inc:
- Consistent IRS 990 filing history (13 filings) demonstrating transparency
- 0% reported officer compensation across all filings, indicating high efficiency in executive pay
- Stable asset base over the past decade (around $2.2M - $2.5M)
- Consistent operational scale and service delivery over many years
Frequently Asked Questions about Valley Cares Inc
Is Valley Cares Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Valley Cares Inc (EIN: 201980713) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Valley Cares Inc spend its money?
Valley Cares Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Valley Cares Inc tax-deductible?
Valley Cares Inc is registered as a tax-exempt nonprofit (EIN: 201980713). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Valley Cares Inc's spending goes to programs?
Valley Cares Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Valley Cares Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Valley Cares Inc is above average for NTEE category L200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Valley Cares Inc located?
Valley Cares Inc is headquartered in Townshend, Vermont and files with the IRS under EIN 201980713. It is classified under NTEE code L200.
How many years of IRS 990 filings does Valley Cares Inc have?
Valley Cares Inc 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 $2.3M in total revenue.
Is Valley Cares Inc. financially stable?
Valley Cares Inc. maintains a stable asset base (around $2.2M - $2.5M) but frequently operates with expenses slightly exceeding revenue, as seen in 202309 ($2,156,633 expenses vs. $2,131,112 revenue). Their liabilities are also substantial, often over $1.1M, which warrants attention.
How does Valley Cares Inc. manage executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, suggesting a highly efficient approach to executive pay, likely relying on volunteer leadership or non-officer compensation structures.
What is the trend in Valley Cares Inc.'s revenue and expenses?
Revenue and expenses have consistently been in the $2.0M - $2.5M range over the past decade. While revenue has generally kept pace with expenses, there have been several years, including 202309, where expenses slightly outpaced revenue.
Filing History
IRS 990 filing history for Valley Cares Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Valley Cares Inc's revenue has grown by 85%, moving from $1.2M to $2.1M. Total assets increased by 65.1% over the same period, from $1.4M to $2.4M. Total functional expenses rose by 130%, from $937K to $2.2M. In its most recent filing year (2023), Valley Cares Inc reported a deficit of $26K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $2.4M in assets (debt-to-asset ratio: 54.1%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.2M | $2.4M | $1.3M | — | View 990 |
| 2022 | $2.5M | $2.3M | $2.5M | $1.3M | — | View 990 |
| 2021 | $2.4M | $2.5M | $2.3M | $1.4M | — | — |
| 2020 | $2.3M | $2.4M | $2.4M | $1.4M | — | — |
| 2019 | $2.1M | $2.2M | $2.2M | $1.1M | — | View 990 |
| 2018 | $2.0M | $2.1M | $2.3M | $1.1M | — | View 990 |
| 2017 | $2.0M | $1.9M | $2.4M | $1.1M | — | View 990 |
| 2016 | $2.1M | $2.0M | $2.4M | $1.2M | — | View 990 |
| 2015 | $2.0M | $1.9M | $2.3M | $1.3M | — | View 990 |
| 2014 | $1.8M | $1.7M | $2.2M | $1.3M | — | View 990 |
| 2013 | $978K | $919K | $2.0M | $1.2M | — | View 990 |
| 2012 | $1.2M | $1.0M | $1.9M | $1.1M | — | View 990 |
| 2011 | $1.2M | $937K | $1.4M | $901K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.2M, and assets of $2.4M (revenue -16.2% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.3M, and assets of $2.5M (revenue +5.6% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.5M, and assets of $2.3M (revenue +5.8% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.4M, and assets of $2.4M (revenue +10.7% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.2M, and assets of $2.2M (revenue +2.6% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.1M, and assets of $2.3M (revenue -1.2% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.9M, and assets of $2.4M (revenue -3.9% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.0M, and assets of $2.4M (revenue +4.9% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.9M, and assets of $2.3M (revenue +14.0% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.7M, and assets of $2.2M (revenue +80.3% year-over-year).
- 2013: Revenue of $978K, expenses of $919K, and assets of $2.0M (revenue -21.5% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.0M, and assets of $1.9M (revenue +8.2% year-over-year).
- 2011: Revenue of $1.2M, expenses of $937K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Valley Cares Inc:
Data Sources and Methodology
This transparency report for Valley Cares 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.