Veterans Fishing Adventure
EIN: 821304520 · Alexandria, VA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $203K |
| Total Expenses | $218K |
| Net Assets | $399K |
Is Veterans Fishing Adventure Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Veterans Fishing Adventure
Veterans Fishing Adventure (EIN: 821304520) is a nonprofit organization based in Alexandria, VA, classified under NTEE code P20. The organization reported total revenue of $203K and total assets of $531K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Fishing Adventure's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Veterans Fishing Adventure is a small nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $305K |
| Total Expenses | $218K |
| Surplus / Deficit | +$88K |
| Total Assets | $466K |
| Total Liabilities | $67K |
| Net Assets | $399K |
| Operating Margin | 28.6% |
| Debt-to-Asset Ratio | 14.4% |
| Months of Reserves | 25.7 months |
Financial Health Grade: A
In 2023, Veterans Fishing Adventure reported a surplus of $88K with revenue exceeding expenses, holds 25.7 months of operating reserves (strong position), has a debt-to-asset ratio of 14.4% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Veterans Fishing Adventure's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +142.3% | +187.4% | +13.8% |
| 2022 | +86.9% | -0.6% | +16.8% |
| 2021 | -64.2% | +9.5% | -2.8% |
| 2020 | +136.0% | +24.5% | +46.9% |
| 2019 | -51.7% | +39.1% | +10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Veterans Fishing Adventure 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 Fishing Adventure 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 $88K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.4%.
Frequently Asked Questions about Veterans Fishing Adventure
Is Veterans Fishing Adventure a legitimate charity?
Veterans Fishing Adventure (EIN: 821304520) is a registered tax-exempt nonprofit based in Virginia. It has 6 years of IRS 990 filings on record. Total revenue: $203K. No red flags identified. Financial health grade: A.
How does Veterans Fishing Adventure spend its money?
Veterans Fishing Adventure reported $203K 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 Veterans Fishing Adventure tax-deductible?
Veterans Fishing Adventure is registered as a tax-exempt nonprofit (EIN: 821304520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Veterans Fishing Adventure located?
Veterans Fishing Adventure is headquartered in Alexandria, Virginia and files with the IRS under EIN 821304520. It is classified under NTEE code P20.
How many years of IRS 990 filings does Veterans Fishing Adventure have?
Veterans Fishing Adventure 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 $203K in total revenue.
Filing History
IRS 990 filing history for Veterans Fishing Adventure showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Veterans Fishing Adventure's revenue has grown by 85.1%, moving from $165K to $305K. Total assets increased by 110.2% over the same period, from $222K to $466K. Total functional expenses rose by 441.7%, from $40K to $218K. In its most recent filing year (2023), Veterans Fishing Adventure reported a surplus of $88K, with revenue exceeding expenses. The organization holds $67K in liabilities against $466K in assets (debt-to-asset ratio: 14.4%), resulting in net assets of $399K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $305K | $218K | $466K | $67K | — | View 990 |
| 2022 | $126K | $76K | $409K | $98K | — | — |
| 2021 | $67K | $76K | $350K | $97K | — | View 990 |
| 2020 | $188K | $70K | $361K | $98K | — | — |
| 2019 | $80K | $56K | $246K | $97K | — | View 990 |
| 2018 | $165K | $40K | $222K | $97K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $305K, expenses of $218K, and assets of $466K (revenue +142.3% year-over-year).
- 2022: Revenue of $126K, expenses of $76K, and assets of $409K (revenue +86.9% year-over-year).
- 2021: Revenue of $67K, expenses of $76K, and assets of $350K (revenue -64.2% year-over-year).
- 2020: Revenue of $188K, expenses of $70K, and assets of $361K (revenue +136.0% year-over-year).
- 2019: Revenue of $80K, expenses of $56K, and assets of $246K (revenue -51.7% year-over-year).
- 2018: Revenue of $165K, expenses of $40K, and assets of $222K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Veterans Fishing Adventure:
Data Sources and Methodology
This transparency report for Veterans Fishing Adventure 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.