Village Micro Fund
EIN: 471748802 · Atlanta, GA · NTEE: B02
| Metric | Value |
|---|---|
| Total Revenue | $738K |
| Total Expenses | $1.1M |
| Net Assets | $10K |
Is Village Micro Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Village Micro Fund
Village Micro Fund (EIN: 471748802) is a nonprofit organization based in Atlanta, GA, classified under NTEE code B02. The organization reported total revenue of $738K and total assets of $38K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Village Micro Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Village Micro Fund is a small nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 31.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $738K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-360,035 |
| Total Assets | $38K |
| Total Liabilities | $28K |
| Net Assets | $10K |
| Operating Margin | -48.8% |
| Debt-to-Asset Ratio | 73.6% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2023, Village Micro Fund reported a deficit of $360K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 73.6% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Village Micro Fund's revenue has grown at a compound annual growth rate (CAGR) of 31.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.2% | +18.9% | -89.8% |
| 2022 | +32.5% | -31.3% | +450.5% |
| 2021 | -52.3% | +21.3% | -88.9% |
| 2020 | +578.6% | +367.1% | +4648.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Village Micro Fund 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 Village Micro Fund 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 $360K, with expenses exceeding revenue.
- Debt-to-asset ratio: 73.6%.
Frequently Asked Questions about Village Micro Fund
Is Village Micro Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Village Micro Fund (EIN: 471748802) insufficient data. 0 red flags identified, 0 strengths noted.
How does Village Micro Fund spend its money?
Detailed spending breakdown data is not yet available for Village Micro Fund. Check back for updated IRS 990 analysis.
Are donations to Village Micro Fund tax-deductible?
Village Micro Fund is registered as a tax-exempt nonprofit (EIN: 471748802). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Village Micro Fund located?
Village Micro Fund is headquartered in Atlanta, Georgia and files with the IRS under EIN 471748802. It is classified under NTEE code B02.
How many years of IRS 990 filings does Village Micro Fund have?
Village Micro Fund has 5 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 $738K in total revenue.
Filing History
IRS 990 filing history for Village Micro Fund showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Village Micro Fund's revenue has grown by 195.1%, moving from $250K to $738K. Total assets increased by 195.8% over the same period, from $13K to $38K. Total functional expenses rose by 362.7%, from $237K to $1.1M. In its most recent filing year (2023), Village Micro Fund reported a deficit of $360K, with expenses exceeding revenue. The organization holds $28K in liabilities against $38K in assets (debt-to-asset ratio: 73.6%), resulting in net assets of $10K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $738K | $1.1M | $38K | $28K | — | — |
| 2022 | $1.1M | $924K | $370K | $0 | — | View 990 |
| 2021 | $809K | $1.3M | $67K | $5K | — | View 990 |
| 2020 | $1.7M | $1.1M | $603K | $5K | — | View 990 |
| 2019 | $250K | $237K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $738K, expenses of $1.1M, and assets of $38K (revenue -31.2% year-over-year).
- 2022: Revenue of $1.1M, expenses of $924K, and assets of $370K (revenue +32.5% year-over-year).
- 2021: Revenue of $809K, expenses of $1.3M, and assets of $67K (revenue -52.3% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.1M, and assets of $603K (revenue +578.6% year-over-year).
- 2019: Revenue of $250K, expenses of $237K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Village Micro Fund:
Data Sources and Methodology
This transparency report for Village Micro Fund 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.