Vets Club Of Larimore Inc
EIN: 450218149 · Larimore, ND · NTEE: Y40
| Metric | Value |
|---|---|
| Total Revenue | $992K |
| Total Expenses | $56K |
| Net Assets | $59K |
Is Vets Club Of Larimore Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vets Club Of Larimore Inc
Vets Club Of Larimore Inc (EIN: 450218149) is a nonprofit organization based in Larimore, ND, classified under NTEE code Y40. The organization reported total revenue of $992K and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vets Club Of Larimore Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vets Club Of Larimore Inc is a small nonprofit that has been operating for 78 years, with 6 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $115K |
| Total Expenses | $56K |
| Surplus / Deficit | +$59K |
| Total Assets | $59K |
| Net Assets | $59K |
| Operating Margin | 51.3% |
| Months of Reserves | 12.6 months |
Financial Health Grade: A
In 2023, Vets Club Of Larimore Inc reported a surplus of $59K with revenue exceeding expenses, holds 12.6 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2011–2023), Vets Club Of Larimore Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.6% | -49.9% | +222.9% |
| 2016 | -14.4% | -8.2% | -13.0% |
| 2015 | -12.1% | +2.9% | -19.7% |
| 2013 | -2.7% | -1.5% | +123.4% |
| 2012 | -2.5% | -8.6% | -16.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1948 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vets Club Of Larimore 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 Vets Club Of Larimore 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $59K, with revenue exceeding expenses.
Frequently Asked Questions about Vets Club Of Larimore Inc
Is Vets Club Of Larimore Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vets Club Of Larimore Inc (EIN: 450218149) insufficient data. 0 red flags identified, 0 strengths noted.
How does Vets Club Of Larimore Inc spend its money?
Detailed spending breakdown data is not yet available for Vets Club Of Larimore Inc. Check back for updated IRS 990 analysis.
Are donations to Vets Club Of Larimore Inc tax-deductible?
Vets Club Of Larimore Inc is registered as a tax-exempt nonprofit (EIN: 450218149). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vets Club Of Larimore Inc located?
Vets Club Of Larimore Inc is headquartered in Larimore, North Dakota and files with the IRS under EIN 450218149. It is classified under NTEE code Y40.
How many years of IRS 990 filings does Vets Club Of Larimore Inc have?
Vets Club Of Larimore Inc 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 $992K in total revenue.
Filing History
IRS 990 filing history for Vets Club Of Larimore Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2023), Vets Club Of Larimore Inc's revenue has declined by 18.9%, moving from $141K to $115K. Total assets increased by 322.8% over the same period, from $14K to $59K. Total functional expenses fell by 57.4%, from $131K to $56K. In its most recent filing year (2023), Vets Club Of Larimore Inc reported a surplus of $59K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $115K | $56K | $59K | $0 | — | View 990 |
| 2016 | $101K | $111K | $18K | $4K | — | View 990 |
| 2015 | $118K | $121K | $21K | $4K | — | View 990 |
| 2013 | $134K | $118K | $26K | $11K | — | View 990 |
| 2012 | $138K | $120K | $12K | $12K | — | View 990 |
| 2011 | $141K | $131K | $14K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $115K, expenses of $56K, and assets of $59K (revenue +13.6% year-over-year).
- 2016: Revenue of $101K, expenses of $111K, and assets of $18K (revenue -14.4% year-over-year).
- 2015: Revenue of $118K, expenses of $121K, and assets of $21K (revenue -12.1% year-over-year).
- 2013: Revenue of $134K, expenses of $118K, and assets of $26K (revenue -2.7% year-over-year).
- 2012: Revenue of $138K, expenses of $120K, and assets of $12K (revenue -2.5% year-over-year).
- 2011: Revenue of $141K, expenses of $131K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vets Club Of Larimore Inc:
Data Sources and Methodology
This transparency report for Vets Club Of Larimore 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.