Vashon Alliance To Reduce Substance Abuse Varsa
EIN: 464017368 · Vashon Island, WA · NTEE: B01
| Metric | Value |
|---|---|
| Total Revenue | $256K |
| Total Expenses | $260K |
| Net Assets | $57K |
Is Vashon Alliance To Reduce Substance Abuse Varsa Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vashon Alliance To Reduce Substance Abuse Varsa
Vashon Alliance To Reduce Substance Abuse Varsa (EIN: 464017368) is a nonprofit organization based in Vashon Island, WA, classified under NTEE code B01. The organization reported total revenue of $256K and total assets of $84K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vashon Alliance To Reduce Substance Abuse Varsa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vashon Alliance To Reduce Substance Abuse Varsa is a small nonprofit that has been operating for 11 years, with 6 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $266K |
| Total Expenses | $260K |
| Surplus / Deficit | +$6K |
| Total Assets | $75K |
| Total Liabilities | $19K |
| Net Assets | $57K |
| Operating Margin | 2.4% |
| Debt-to-Asset Ratio | 24.6% |
| Months of Reserves | 3.5 months |
Financial Health Grade: A
In 2023, Vashon Alliance To Reduce Substance Abuse Varsa reported a surplus of $6K with revenue exceeding expenses, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 24.6% (moderate leverage).
Financial Trends
Over 6 years of filings (2017–2023), Vashon Alliance To Reduce Substance Abuse Varsa's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.9% | +30.3% | +41.4% |
| 2022 | +5.4% | +15.9% | +522.9% |
| 2020 | +2.5% | +1.1% | -62.9% |
| 2019 | -7.7% | -4.6% | +16.3% |
| 2018 | +14.3% | +21.0% | +13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vashon Alliance To Reduce Substance Abuse Varsa 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 Vashon Alliance To Reduce Substance Abuse Varsa 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.6%.
Frequently Asked Questions about Vashon Alliance To Reduce Substance Abuse Varsa
Is Vashon Alliance To Reduce Substance Abuse Varsa a legitimate charity?
Vashon Alliance To Reduce Substance Abuse Varsa (EIN: 464017368) is a registered tax-exempt nonprofit based in Washington. It has 6 years of IRS 990 filings on record. Total revenue: $256K. No red flags identified. Financial health grade: A.
How does Vashon Alliance To Reduce Substance Abuse Varsa spend its money?
Vashon Alliance To Reduce Substance Abuse Varsa reported $256K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Vashon Alliance To Reduce Substance Abuse Varsa tax-deductible?
Vashon Alliance To Reduce Substance Abuse Varsa is registered as a tax-exempt nonprofit (EIN: 464017368). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vashon Alliance To Reduce Substance Abuse Varsa located?
Vashon Alliance To Reduce Substance Abuse Varsa is headquartered in Vashon Island, Washington and files with the IRS under EIN 464017368. It is classified under NTEE code B01.
How many years of IRS 990 filings does Vashon Alliance To Reduce Substance Abuse Varsa have?
Vashon Alliance To Reduce Substance Abuse Varsa has 6 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 $256K in total revenue.
Filing History
IRS 990 filing history for Vashon Alliance To Reduce Substance Abuse Varsa showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2017–2023), Vashon Alliance To Reduce Substance Abuse Varsa's revenue has grown by 71.9%, moving from $155K to $266K. Total assets increased by 333.3% over the same period, from $17K to $75K. Total functional expenses rose by 76.3%, from $147K to $260K. In its most recent filing year (2023), Vashon Alliance To Reduce Substance Abuse Varsa reported a surplus of $6K, with revenue exceeding expenses. The organization holds $19K in liabilities against $75K in assets (debt-to-asset ratio: 24.6%), resulting in net assets of $57K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $266K | $260K | $75K | $19K | — | — |
| 2022 | $176K | $199K | $53K | $3K | — | View 990 |
| 2020 | $167K | $172K | $9K | $6K | — | — |
| 2019 | $163K | $170K | $23K | $16K | — | View 990 |
| 2018 | $177K | $178K | $20K | $6K | — | View 990 |
| 2017 | $155K | $147K | $17K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $266K, expenses of $260K, and assets of $75K (revenue +50.9% year-over-year).
- 2022: Revenue of $176K, expenses of $199K, and assets of $53K (revenue +5.4% year-over-year).
- 2020: Revenue of $167K, expenses of $172K, and assets of $9K (revenue +2.5% year-over-year).
- 2019: Revenue of $163K, expenses of $170K, and assets of $23K (revenue -7.7% year-over-year).
- 2018: Revenue of $177K, expenses of $178K, and assets of $20K (revenue +14.3% year-over-year).
- 2017: Revenue of $155K, expenses of $147K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vashon Alliance To Reduce Substance Abuse Varsa:
Data Sources and Methodology
This transparency report for Vashon Alliance To Reduce Substance Abuse Varsa 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.