Village Wrap Inc
Village Wrap Inc consistently operates with a surplus and zero officer compensation.
EIN: 113786401 · Collingswood, NJ · NTEE: P01 · Updated: 2026-03-28
Is Village Wrap Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Village Wrap Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Village Wrap Inc
Village Wrap Inc (EIN: 113786401) is a nonprofit organization based in Collingswood, NJ, classified under NTEE code P01. The organization reported total revenue of $285K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Village Wrap Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Village Wrap Inc with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Village Wrap Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Village Wrap Inc reports 0% officer compensation across all six available filing periods, indicating that its leadership is entirely volunteer-based, which is highly favorable for resource allocation to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Village Wrap Inc:
- Consistent revenue growth from $118,454 in 2015 to $285,182 in 2019.
- Zero officer compensation across all reported periods, indicating volunteer leadership.
- Zero liabilities reported in the most recent four filing periods (2016-2019), demonstrating strong financial health.
- Consistent operational surpluses, such as $34,686 in 2019 ($285,182 revenue - $250,496 expenses).
Frequently Asked Questions about Village Wrap Inc
Is Village Wrap Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Village Wrap Inc (EIN: 113786401) appears legitimate. Mission Score: 88/100. 0 red flags identified, 4 strengths noted.
How does Village Wrap Inc spend its money?
Village Wrap Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Village Wrap Inc tax-deductible?
Village Wrap Inc is registered as a tax-exempt nonprofit (EIN: 113786401). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Village Wrap Inc a good charity?
Based on the provided data, Village Wrap Inc appears to be a well-managed charity. It consistently operates with a surplus, has zero liabilities in recent years, and reports no officer compensation, suggesting efficient use of funds and a strong volunteer commitment.
How has Village Wrap Inc's revenue trended over time?
Village Wrap Inc's revenue has shown a positive growth trend, increasing from $118,454 in 2015 to $285,182 in 2019, indicating growing support or activity.
What is Village Wrap Inc's financial stability?
The organization demonstrates strong financial stability, consistently operating with a surplus (e.g., $34,686 in 2019) and reporting zero liabilities from 2016 to 2019, indicating no reliance on debt.
Filing History
IRS 990 filing history for Village Wrap Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2014–2019), Village Wrap Inc's revenue has grown by 10.6%, moving from $258K to $285K. Total assets decreased by 43.2% over the same period, from $64K to $36K. Total functional expenses rose by 14.5%, from $219K to $250K. In its most recent filing year (2019), Village Wrap Inc reported a surplus of $35K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2019 | $285K | $250K | $36K | $0 | — | — |
| 2018 | $271K | $202K | $70K | $0 | — | — |
| 2017 | $220K | $219K | $840 | $0 | — | View 990 |
| 2016 | $156K | $156K | $3K | $0 | — | View 990 |
| 2015 | $118K | $109K | $124K | $55K | — | View 990 |
| 2014 | $258K | $219K | $64K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $285K, expenses of $250K, and assets of $36K (revenue +5.4% year-over-year).
- 2018: Revenue of $271K, expenses of $202K, and assets of $70K (revenue +22.9% year-over-year).
- 2017: Revenue of $220K, expenses of $219K, and assets of $840 (revenue +40.9% year-over-year).
- 2016: Revenue of $156K, expenses of $156K, and assets of $3K (revenue +32.0% year-over-year).
- 2015: Revenue of $118K, expenses of $109K, and assets of $124K (revenue -54.1% year-over-year).
- 2014: Revenue of $258K, expenses of $219K, and assets of $64K.
Data Sources and Methodology
This transparency report for Village Wrap 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.