Veterans Troop 22
EIN: 871572345 · Lead Hill, AR · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $856 |
| Total Expenses | $7K |
| Net Assets | $3K |
Is Veterans Troop 22 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Veterans Troop 22
Veterans Troop 22 (EIN: 871572345) is a nonprofit organization based in Lead Hill, AR, classified under NTEE code L20. The organization reported total revenue of $856 and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Troop 22's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Veterans Troop 22 is a micro nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -88.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $7K |
| Surplus / Deficit | $-5,769 |
| Total Assets | $3K |
| Total Liabilities | $1 |
| Net Assets | $3K |
| Operating Margin | -418.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2023, Veterans Troop 22 reported a deficit of $6K with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Veterans Troop 22's revenue has declined at a compound annual growth rate (CAGR) of -88.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -88.9% | +72.1% | -68.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Veterans Troop 22 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 Troop 22 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 deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Veterans Troop 22
Is Veterans Troop 22 a legitimate charity?
Veterans Troop 22 (EIN: 871572345) is a registered tax-exempt nonprofit based in Arkansas. It has 2 years of IRS 990 filings on record. Total revenue: $856. No red flags identified. Financial health grade: B.
How does Veterans Troop 22 spend its money?
Veterans Troop 22 reported $856 in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Veterans Troop 22 tax-deductible?
Veterans Troop 22 is registered as a tax-exempt nonprofit (EIN: 871572345). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Veterans Troop 22 located?
Veterans Troop 22 is headquartered in Lead Hill, Arkansas and files with the IRS under EIN 871572345. It is classified under NTEE code L20.
How many years of IRS 990 filings does Veterans Troop 22 have?
Veterans Troop 22 has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $856 in total revenue.
Filing History
IRS 990 filing history for Veterans Troop 22 showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Veterans Troop 22's revenue has declined by 88.9%, moving from $12K to $1K. Total assets decreased by 68.9% over the same period, from $8K to $3K. Total functional expenses rose by 72.1%, from $4K to $7K. In its most recent filing year (2023), Veterans Troop 22 reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1K | $7K | $3K | $1 | — | — |
| 2022 | $12K | $4K | $8K | $1 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Veterans Troop 22:
Data Sources and Methodology
This transparency report for Veterans Troop 22 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.