Vineyard Power Development Fund Inc
EIN: 872762989 · Vineyard Haven, MA · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $956K |
| Total Expenses | $685K |
| Net Assets | $119K |
Is Vineyard Power Development Fund Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vineyard Power Development Fund Inc
Vineyard Power Development Fund Inc (EIN: 872762989) is a nonprofit organization based in Vineyard Haven, MA, classified under NTEE code T20. The organization reported total revenue of $956K and total assets of $147K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vineyard Power Development Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vineyard Power Development Fund Inc is a small nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 195.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $838K |
| Total Expenses | $685K |
| Surplus / Deficit | +$153K |
| Total Assets | $232K |
| Total Liabilities | $113K |
| Net Assets | $119K |
| Operating Margin | 18.3% |
| Debt-to-Asset Ratio | 48.6% |
| Months of Reserves | 4.1 months |
Financial Health Grade: A
In 2023, Vineyard Power Development Fund Inc reported a surplus of $153K with revenue exceeding expenses, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 48.6% (moderate leverage).
Financial Trends
Over 3 years of filings (2021–2023), Vineyard Power Development Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 195.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1052.0% | +237.7% | +122.4% |
| 2022 | -24.3% | — | +8.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vineyard Power Development Fund 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 Vineyard Power Development Fund 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 $153K, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.6%.
Frequently Asked Questions about Vineyard Power Development Fund Inc
Is Vineyard Power Development Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vineyard Power Development Fund Inc (EIN: 872762989) insufficient data. 0 red flags identified, 0 strengths noted.
How does Vineyard Power Development Fund Inc spend its money?
Detailed spending breakdown data is not yet available for Vineyard Power Development Fund Inc. Check back for updated IRS 990 analysis.
Are donations to Vineyard Power Development Fund Inc tax-deductible?
Vineyard Power Development Fund Inc is registered as a tax-exempt nonprofit (EIN: 872762989). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vineyard Power Development Fund Inc located?
Vineyard Power Development Fund Inc is headquartered in Vineyard Haven, Massachusetts and files with the IRS under EIN 872762989. It is classified under NTEE code T20.
How many years of IRS 990 filings does Vineyard Power Development Fund Inc have?
Vineyard Power Development Fund Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $956K in total revenue.
Filing History
IRS 990 filing history for Vineyard Power Development Fund Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Vineyard Power Development Fund Inc's revenue has grown by 772.4%, moving from $96K to $838K. Total assets increased by 141.7% over the same period, from $96K to $232K. In its most recent filing year (2023), Vineyard Power Development Fund Inc reported a surplus of $153K, with revenue exceeding expenses. The organization holds $113K in liabilities against $232K in assets (debt-to-asset ratio: 48.6%), resulting in net assets of $119K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $838K | $685K | $232K | $113K | — | — |
| 2022 | $73K | $203K | $104K | $138K | — | View 990 |
| 2021 | $96K | $0 | $96K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $838K, expenses of $685K, and assets of $232K (revenue +1052.0% year-over-year).
- 2022: Revenue of $73K, expenses of $203K, and assets of $104K (revenue -24.3% year-over-year).
- 2021: Revenue of $96K, expenses of $0, and assets of $96K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vineyard Power Development Fund Inc:
Data Sources and Methodology
This transparency report for Vineyard Power Development Fund 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.