Villages Of Indiana Inc
EIN: 351708240 · Bloomington, IN · NTEE: P700
| Metric | Value |
|---|---|
| Total Revenue | $30.3M |
| Total Expenses | $25.9M |
| Net Assets | $5.6M |
Is Villages Of Indiana Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Villages Of Indiana Inc
Villages Of Indiana Inc (EIN: 351708240) is a nonprofit organization based in Bloomington, IN, classified under NTEE code P700. The organization reported total revenue of $30.3M and total assets of $10.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Villages Of Indiana Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Villages Of Indiana Inc is a large nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27.3M |
| Total Expenses | $25.9M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $8.6M |
| Total Liabilities | $3.1M |
| Net Assets | $5.6M |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 35.6% |
| Months of Reserves | 4.0 months |
Financial Health Grade: A
In 2023, Villages Of Indiana Inc reported a surplus of $1.4M with revenue exceeding expenses, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 35.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Villages Of Indiana Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.4% | +3.5% | +19.4% |
| 2022 | -16.6% | -7.2% | -9.1% |
| 2021 | +20.2% | +5.7% | +6.1% |
| 2020 | +0.3% | -0.4% | +54.2% |
| 2019 | -0.4% | +2.7% | -15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Villages Of Indiana 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 Villages Of Indiana 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 $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.6%.
Frequently Asked Questions about Villages Of Indiana Inc
Is Villages Of Indiana Inc a legitimate charity?
Villages Of Indiana Inc (EIN: 351708240) is a registered tax-exempt nonprofit based in Indiana. It has 13 years of IRS 990 filings on record. Total revenue: $30.3M. No red flags identified. Financial health grade: A.
How does Villages Of Indiana Inc spend its money?
Villages Of Indiana Inc reported $30.3M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Villages Of Indiana Inc tax-deductible?
Villages Of Indiana Inc is registered as a tax-exempt nonprofit (EIN: 351708240). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Villages Of Indiana Inc located?
Villages Of Indiana Inc is headquartered in Bloomington, Indiana and files with the IRS under EIN 351708240. It is classified under NTEE code P700.
How many years of IRS 990 filings does Villages Of Indiana Inc have?
Villages Of Indiana Inc has 13 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 $30.3M in total revenue.
Filing History
IRS 990 filing history for Villages Of Indiana Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Villages Of Indiana Inc's revenue has grown by 34.6%, moving from $20.3M to $27.3M. Total assets increased by 30.9% over the same period, from $6.6M to $8.6M. Total functional expenses rose by 24.3%, from $20.9M to $25.9M. In its most recent filing year (2023), Villages Of Indiana Inc reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $3.1M in liabilities against $8.6M in assets (debt-to-asset ratio: 35.6%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27.3M | $25.9M | $8.6M | $3.1M | — | — |
| 2022 | $25.0M | $25.1M | $7.2M | $3.0M | — | View 990 |
| 2021 | $29.9M | $27.0M | $7.9M | $3.6M | — | View 990 |
| 2020 | $24.9M | $25.6M | $7.5M | $6.1M | — | View 990 |
| 2019 | $24.8M | $25.7M | $4.9M | $2.8M | — | View 990 |
| 2018 | $24.9M | $25.0M | $5.7M | $2.8M | — | View 990 |
| 2017 | $22.7M | $22.0M | $5.4M | $2.4M | — | View 990 |
| 2016 | $21.1M | $20.8M | $4.6M | $2.3M | — | View 990 |
| 2015 | $19.6M | $19.7M | $4.2M | $2.0M | — | View 990 |
| 2014 | $20.0M | $20.2M | $4.5M | $2.3M | — | View 990 |
| 2013 | $19.3M | $20.6M | $4.4M | $2.0M | — | View 990 |
| 2012 | $18.9M | $19.7M | $5.6M | $1.9M | — | View 990 |
| 2011 | $20.3M | $20.9M | $6.6M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27.3M, expenses of $25.9M, and assets of $8.6M (revenue +9.4% year-over-year).
- 2022: Revenue of $25.0M, expenses of $25.1M, and assets of $7.2M (revenue -16.6% year-over-year).
- 2021: Revenue of $29.9M, expenses of $27.0M, and assets of $7.9M (revenue +20.2% year-over-year).
- 2020: Revenue of $24.9M, expenses of $25.6M, and assets of $7.5M (revenue +0.3% year-over-year).
- 2019: Revenue of $24.8M, expenses of $25.7M, and assets of $4.9M (revenue -0.4% year-over-year).
- 2018: Revenue of $24.9M, expenses of $25.0M, and assets of $5.7M (revenue +9.8% year-over-year).
- 2017: Revenue of $22.7M, expenses of $22.0M, and assets of $5.4M (revenue +7.7% year-over-year).
- 2016: Revenue of $21.1M, expenses of $20.8M, and assets of $4.6M (revenue +7.3% year-over-year).
- 2015: Revenue of $19.6M, expenses of $19.7M, and assets of $4.2M (revenue -1.8% year-over-year).
- 2014: Revenue of $20.0M, expenses of $20.2M, and assets of $4.5M (revenue +3.8% year-over-year).
- 2013: Revenue of $19.3M, expenses of $20.6M, and assets of $4.4M (revenue +1.9% year-over-year).
- 2012: Revenue of $18.9M, expenses of $19.7M, and assets of $5.6M (revenue -6.9% year-over-year).
- 2011: Revenue of $20.3M, expenses of $20.9M, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Villages Of Indiana Inc:
Data Sources and Methodology
This transparency report for Villages Of Indiana 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.