Venezuela Now Inc
Venezuela Now Inc shows consistent revenue growth and no executive compensation over the past decade.
EIN: 200508609 · Acworth, GA · NTEE: X20 · Updated: 2026-03-28
Is Venezuela Now Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Venezuela Now Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Venezuela Now Inc
Venezuela Now Inc (EIN: 200508609) is a nonprofit organization based in Acworth, GA, classified under NTEE code X20. The organization reported total revenue of $982K and total assets of $500K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Venezuela Now Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Venezuela Now Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $914K |
| Total Expenses | $917K |
| Surplus / Deficit | $-2,883 |
| Total Assets | $384K |
| Total Liabilities | $8K |
| Net Assets | $376K |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 5.0 months |
Financial Health Grade: B
In 2023, Venezuela Now Inc reported a deficit of $3K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Venezuela Now Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.7% | +12.9% | -6.2% |
| 2022 | +11.2% | +14.3% | +4.5% |
| 2021 | +49.8% | +75.9% | +42.9% |
| 2020 | +7.0% | +6.5% | +41.4% |
| 2019 | +30.8% | +25.1% | +71.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2004 |
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 Venezuela Now Inc with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Venezuela Now Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.1%.
Executive Compensation Analysis
Venezuela Now Inc consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization of its size and revenue, and suggests a volunteer-led or externally funded leadership structure.
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 Venezuela Now Inc's IRS 990 filings:
- Slight operational deficit in 2023 ($916,718 expenses vs. $913,835 revenue), though minor in context of overall growth.
Strengths
The following positive indicators were identified for Venezuela Now Inc:
- Consistent revenue growth from $310,096 (2014) to $913,835 (2023).
- Zero officer compensation reported across all filings, indicating high efficiency and mission focus.
- Significant asset growth from $85,190 (2014) to $384,269 (2023).
- Liabilities significantly reduced from a high of $170,354 (2015) to $8,067 (2023).
- Long filing history (13 filings) demonstrates sustained operation and transparency.
Frequently Asked Questions about Venezuela Now Inc
Is Venezuela Now Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Venezuela Now Inc (EIN: 200508609) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Venezuela Now Inc spend its money?
Venezuela Now Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Venezuela Now Inc tax-deductible?
Venezuela Now Inc is registered as a tax-exempt nonprofit (EIN: 200508609). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Venezuela Now Inc a good charity?
Based on the provided financial data, Venezuela Now Inc appears to be a very good charity. It demonstrates strong revenue growth, increasing assets, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings, suggesting a high proportion of funds are directed to programs.
How has Venezuela Now Inc's financial stability changed over time?
Venezuela Now Inc has shown significant improvement in financial stability. Revenue has grown from $310,096 in 2014 to $913,835 in 2023, and assets have increased from $85,190 to $384,269 over the same period, indicating strong and consistent growth.
What is the trend in Venezuela Now Inc's liabilities?
Liabilities for Venezuela Now Inc have fluctuated but generally remained manageable. They peaked at $170,354 in 2015 but have since decreased significantly to $8,067 in 2023, indicating improved financial management and reduced debt.
Filing History
IRS 990 filing history for Venezuela Now Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Venezuela Now Inc's revenue has grown by 431.6%, moving from $172K to $914K. Total assets increased by 632.1% over the same period, from $52K to $384K. Total functional expenses rose by 610.9%, from $129K to $917K. In its most recent filing year (2023), Venezuela Now Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $8K in liabilities against $384K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $376K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $914K | $917K | $384K | $8K | — | View 990 |
| 2022 | $856K | $812K | $410K | $30K | — | — |
| 2021 | $770K | $710K | $392K | $58K | — | View 990 |
| 2020 | $514K | $404K | $274K | $0 | — | — |
| 2019 | $480K | $379K | $194K | $30K | — | View 990 |
| 2018 | $367K | $303K | $113K | $50K | — | View 990 |
| 2017 | $290K | $237K | $94K | $95K | — | View 990 |
| 2016 | $297K | $301K | $70K | $125K | — | View 990 |
| 2015 | $321K | $461K | $119K | $170K | — | View 990 |
| 2014 | $310K | $305K | $85K | $355 | — | View 990 |
| 2013 | $247K | $241K | $120K | $42K | — | View 990 |
| 2012 | $279K | $179K | $126K | $53K | — | View 990 |
| 2011 | $172K | $129K | $52K | $80K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $914K, expenses of $917K, and assets of $384K (revenue +6.7% year-over-year).
- 2022: Revenue of $856K, expenses of $812K, and assets of $410K (revenue +11.2% year-over-year).
- 2021: Revenue of $770K, expenses of $710K, and assets of $392K (revenue +49.8% year-over-year).
- 2020: Revenue of $514K, expenses of $404K, and assets of $274K (revenue +7.0% year-over-year).
- 2019: Revenue of $480K, expenses of $379K, and assets of $194K (revenue +30.8% year-over-year).
- 2018: Revenue of $367K, expenses of $303K, and assets of $113K (revenue +26.5% year-over-year).
- 2017: Revenue of $290K, expenses of $237K, and assets of $94K (revenue -2.3% year-over-year).
- 2016: Revenue of $297K, expenses of $301K, and assets of $70K (revenue -7.4% year-over-year).
- 2015: Revenue of $321K, expenses of $461K, and assets of $119K (revenue +3.5% year-over-year).
- 2014: Revenue of $310K, expenses of $305K, and assets of $85K (revenue +25.6% year-over-year).
- 2013: Revenue of $247K, expenses of $241K, and assets of $120K (revenue -11.6% year-over-year).
- 2012: Revenue of $279K, expenses of $179K, and assets of $126K (revenue +62.5% year-over-year).
- 2011: Revenue of $172K, expenses of $129K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Venezuela Now Inc:
Data Sources and Methodology
This transparency report for Venezuela Now 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.