Veterans Community Development Corporation Inc
EIN: 464032149 · Roanoke, VA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Net Assets | $42K |
Is Veterans Community Development Corporation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Veterans Community Development Corporation Inc
Veterans Community Development Corporation Inc (EIN: 464032149) is a nonprofit organization based in Roanoke, VA, classified under NTEE code P20. The organization reported total revenue of $1.4M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Community Development Corporation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Veterans Community Development Corporation Inc is a mid-size nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2016–2022).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -403.2% | -100.0% | -48.7% |
| 2018 | -51.6% | +12122.2% | +18.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Veterans Community Development Corporation Inc 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 Veterans Community Development Corporation Inc 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 (2022)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 31.7%.
Frequently Asked Questions about Veterans Community Development Corporation Inc
Is Veterans Community Development Corporation Inc a legitimate charity?
Veterans Community Development Corporation Inc (EIN: 464032149) is a registered tax-exempt nonprofit based in Virginia. It has 7 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. Financial health grade: B.
How does Veterans Community Development Corporation Inc spend its money?
Veterans Community Development Corporation Inc reported $1.4M in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Veterans Community Development Corporation Inc tax-deductible?
Veterans Community Development Corporation Inc is registered as a tax-exempt nonprofit (EIN: 464032149). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Veterans Community Development Corporation Inc located?
Veterans Community Development Corporation Inc is headquartered in Roanoke, Virginia and files with the IRS under EIN 464032149. It is classified under NTEE code P20.
How many years of IRS 990 filings does Veterans Community Development Corporation Inc have?
Veterans Community Development Corporation Inc has 7 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Veterans Community Development Corporation Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2022), Veterans Community Development Corporation Inc's revenue has declined by 100%, moving from $404K to $0. Total assets decreased by 83.8% over the same period, from $378K to $61K. Total functional expenses fell by 100%, from $60 to $0. The organization holds $19K in liabilities against $61K in assets (debt-to-asset ratio: 31.7%), resulting in net assets of $42K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $0 | $0 | $61K | $19K | — | View 990 |
| 2021 | $-406,128 | $752 | $61K | $19K | — | View 990 |
| 2020 | $-2,460,378 | $1K | $468K | $19K | — | — |
| 2019 | $-2,779,805 | $0 | $2.9M | $19K | — | View 990 |
| 2018 | $917K | $11K | $5.7M | $19K | — | View 990 |
| 2017 | $1.9M | $90 | $4.8M | $19K | — | View 990 |
| 2016 | $404K | $60 | $378K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $0, expenses of $0, and assets of $61K.
- 2021: Revenue of $-406,128, expenses of $752, and assets of $61K.
- 2020: Revenue of $-2,460,378, expenses of $1K, and assets of $468K.
- 2019: Revenue of $-2,779,805, expenses of $0, and assets of $2.9M (revenue -403.2% year-over-year).
- 2018: Revenue of $917K, expenses of $11K, and assets of $5.7M (revenue -51.6% year-over-year).
- 2017: Revenue of $1.9M, expenses of $90, and assets of $4.8M (revenue +369.8% year-over-year).
- 2016: Revenue of $404K, expenses of $60, and assets of $378K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Veterans Community Development Corporation Inc:
Data Sources and Methodology
This transparency report for Veterans Community Development Corporation 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.