Victory Garden Initiative Inc
EIN: 455035466 · Milwaukee, WI · NTEE: C41
| Metric | Value |
|---|---|
| Total Revenue | $374K |
| Total Expenses | $183K |
| Net Assets | $315K |
Is Victory Garden Initiative Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Victory Garden Initiative Inc
Victory Garden Initiative Inc (EIN: 455035466) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code C41. The organization reported total revenue of $374K and total assets of $409K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Victory Garden Initiative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Victory Garden Initiative Inc is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). 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 | $200K |
| Total Expenses | $183K |
| Surplus / Deficit | +$17K |
| Total Assets | $343K |
| Total Liabilities | $28K |
| Net Assets | $315K |
| Operating Margin | 8.4% |
| Debt-to-Asset Ratio | 8.0% |
| Months of Reserves | 22.5 months |
Financial Health Grade: A
In 2023, Victory Garden Initiative Inc reported a surplus of $17K with revenue exceeding expenses, holds 22.5 months of operating reserves (strong position), has a debt-to-asset ratio of 8.0% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Victory Garden Initiative Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.4% | -26.6% | +1.8% |
| 2022 | -22.9% | -42.8% | +10.8% |
| 2021 | -10.8% | -3.2% | -16.5% |
| 2020 | -11.5% | +64.5% | +1.6% |
| 2019 | +39.1% | -20.8% | +127.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Victory Garden Initiative 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 Victory Garden Initiative 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 $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.0%.
Frequently Asked Questions about Victory Garden Initiative Inc
Is Victory Garden Initiative Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Victory Garden Initiative Inc (EIN: 455035466) insufficient data. 0 red flags identified, 0 strengths noted.
How does Victory Garden Initiative Inc spend its money?
Detailed spending breakdown data is not yet available for Victory Garden Initiative Inc. Check back for updated IRS 990 analysis.
Are donations to Victory Garden Initiative Inc tax-deductible?
Victory Garden Initiative Inc is registered as a tax-exempt nonprofit (EIN: 455035466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Victory Garden Initiative Inc located?
Victory Garden Initiative Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 455035466. It is classified under NTEE code C41.
How many years of IRS 990 filings does Victory Garden Initiative Inc have?
Victory Garden Initiative Inc has 11 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 $374K in total revenue.
Filing History
IRS 990 filing history for Victory Garden Initiative Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Victory Garden Initiative Inc's revenue has declined by 16%, moving from $238K to $200K. Total assets increased by 425% over the same period, from $65K to $343K. Total functional expenses fell by 13.5%, from $211K to $183K. In its most recent filing year (2023), Victory Garden Initiative Inc reported a surplus of $17K, with revenue exceeding expenses. The organization holds $28K in liabilities against $343K in assets (debt-to-asset ratio: 8.0%), resulting in net assets of $315K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $200K | $183K | $343K | $28K | — | View 990 |
| 2022 | $295K | $249K | $337K | $41K | — | View 990 |
| 2021 | $383K | $435K | $304K | $54K | — | View 990 |
| 2020 | $429K | $449K | $364K | $62K | — | — |
| 2019 | $485K | $273K | $358K | $36K | — | View 990 |
| 2018 | $348K | $345K | $158K | $43K | — | View 990 |
| 2017 | $334K | $312K | $121K | $10K | — | — |
| 2016 | $270K | $282K | $86K | $0 | — | View 990 |
| 2015 | $301K | $284K | $100K | $2K | — | View 990 |
| 2014 | $272K | $256K | $84K | $3K | — | View 990 |
| 2013 | $238K | $211K | $65K | $113 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $200K, expenses of $183K, and assets of $343K (revenue -32.4% year-over-year).
- 2022: Revenue of $295K, expenses of $249K, and assets of $337K (revenue -22.9% year-over-year).
- 2021: Revenue of $383K, expenses of $435K, and assets of $304K (revenue -10.8% year-over-year).
- 2020: Revenue of $429K, expenses of $449K, and assets of $364K (revenue -11.5% year-over-year).
- 2019: Revenue of $485K, expenses of $273K, and assets of $358K (revenue +39.1% year-over-year).
- 2018: Revenue of $348K, expenses of $345K, and assets of $158K (revenue +4.2% year-over-year).
- 2017: Revenue of $334K, expenses of $312K, and assets of $121K (revenue +23.6% year-over-year).
- 2016: Revenue of $270K, expenses of $282K, and assets of $86K (revenue -10.2% year-over-year).
- 2015: Revenue of $301K, expenses of $284K, and assets of $100K (revenue +10.7% year-over-year).
- 2014: Revenue of $272K, expenses of $256K, and assets of $84K (revenue +14.5% year-over-year).
- 2013: Revenue of $238K, expenses of $211K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Victory Garden Initiative Inc:
Data Sources and Methodology
This transparency report for Victory Garden Initiative 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.