Versatile Services
EIN: 743072919 · Rawlins, WY · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $54K |
| Net Assets | $46K |
Is Versatile Services Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Versatile Services
Versatile Services (EIN: 743072919) is a nonprofit organization based in Rawlins, WY, classified under NTEE code B90. The organization reported total revenue of $60K and total assets of $50K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Versatile Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Versatile Services is a micro nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $54K |
| Total Expenses | $54K |
| Surplus / Deficit | +$300 |
| Total Assets | $47K |
| Total Liabilities | $419 |
| Net Assets | $46K |
| Operating Margin | 0.6% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 10.4 months |
Financial Health Grade: A
In 2020, Versatile Services reported a surplus of $300 with revenue exceeding expenses, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2020), Versatile Services's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -11.1% | -18.4% | +0.5% |
| 2019 | -14.9% | +1.1% | -10.3% |
| 2018 | -8.4% | +1.9% | +14.0% |
| 2017 | +24.5% | +8.3% | +43.5% |
| 2016 | -7.1% | -17.5% | +11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Versatile Services 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 Versatile Services 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $300, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Versatile Services
Is Versatile Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Versatile Services (EIN: 743072919) insufficient data. 0 red flags identified, 0 strengths noted.
How does Versatile Services spend its money?
Detailed spending breakdown data is not yet available for Versatile Services. Check back for updated IRS 990 analysis.
Are donations to Versatile Services tax-deductible?
Versatile Services is registered as a tax-exempt nonprofit (EIN: 743072919). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Versatile Services located?
Versatile Services is headquartered in Rawlins, Wyoming and files with the IRS under EIN 743072919. It is classified under NTEE code B90.
How many years of IRS 990 filings does Versatile Services have?
Versatile Services has 10 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 $60K in total revenue.
Filing History
IRS 990 filing history for Versatile Services showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Versatile Services's revenue has declined by 38.3%, moving from $88K to $54K. Total assets decreased by 18.1% over the same period, from $57K to $47K. Total functional expenses fell by 23.3%, from $70K to $54K. In its most recent filing year (2020), Versatile Services reported a surplus of $300, with revenue exceeding expenses. The organization holds $419 in liabilities against $47K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $46K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $54K | $54K | $47K | $419 | — | View 990 |
| 2019 | $61K | $66K | $47K | $471 | — | View 990 |
| 2018 | $72K | $65K | $52K | $669 | — | View 990 |
| 2017 | $78K | $64K | $46K | $552 | — | View 990 |
| 2016 | $63K | $59K | $32K | $823 | — | View 990 |
| 2015 | $68K | $72K | $29K | $2K | — | View 990 |
| 2014 | $74K | $104K | $31K | $267 | — | View 990 |
| 2013 | $71K | $80K | $62K | $851 | — | View 990 |
| 2012 | $91K | $77K | $71K | $1K | — | View 990 |
| 2011 | $88K | $70K | $57K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $54K, expenses of $54K, and assets of $47K (revenue -11.1% year-over-year).
- 2019: Revenue of $61K, expenses of $66K, and assets of $47K (revenue -14.9% year-over-year).
- 2018: Revenue of $72K, expenses of $65K, and assets of $52K (revenue -8.4% year-over-year).
- 2017: Revenue of $78K, expenses of $64K, and assets of $46K (revenue +24.5% year-over-year).
- 2016: Revenue of $63K, expenses of $59K, and assets of $32K (revenue -7.1% year-over-year).
- 2015: Revenue of $68K, expenses of $72K, and assets of $29K (revenue -8.9% year-over-year).
- 2014: Revenue of $74K, expenses of $104K, and assets of $31K (revenue +4.7% year-over-year).
- 2013: Revenue of $71K, expenses of $80K, and assets of $62K (revenue -21.8% year-over-year).
- 2012: Revenue of $91K, expenses of $77K, and assets of $71K (revenue +3.0% year-over-year).
- 2011: Revenue of $88K, expenses of $70K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Versatile Services:
Data Sources and Methodology
This transparency report for Versatile Services 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.