Vinokan Residence Corporation

Vinokan Residence Corporation shows consistent revenue growth and asset accumulation with no reported officer compensation.

EIN: 204864678 · Canton, MI · NTEE: L21 · Updated: 2026-03-28

$967KRevenue
$833KAssets
80/100Mission Score (Excellent)
L21

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Vinokan Residence Corporation Financial Summary
MetricValue
Total Revenue$967K
Total Expenses$746K
Program Spending85%
Net Assets$643K
Transparency Score80/100

Search Intent Cockpit

Vinokan Residence Corporation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Vinokan Residence Corporation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Vinokan Residence Corporation in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $736K and expenses of $746K.

Revenue and Expenses

Vinokan Residence Corporation reported $736K in revenue and $746K in expenses, a deficit of $10K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

80/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.

Is Vinokan Residence Corporation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Vinokan Residence Corporation Expense Deployment
Program services$634K (85%)

Across stored filings, Vinokan Residence Corporation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Vinokan Residence Corporation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with American Academy Of Podiatric Practice ManagementMichigan and Category L context

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Vinokan Residence Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Vinokan Residence Corporation

Vinokan Residence Corporation (EIN: 204864678) is a nonprofit organization based in Canton, MI, classified under NTEE code L21. The organization reported total revenue of $967K and total assets of $833K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vinokan Residence Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Vinokan Residence Corporation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023).

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$736K
Total Expenses$746K
Surplus / Deficit$-9,528
Total Assets$646K
Total Liabilities$3K
Net Assets$643K
Operating Margin-1.3%
Debt-to-Asset Ratio0.4%
Months of Reserves10.4 months

Financial Health Grade: B

In 2023, Vinokan Residence Corporation reported a deficit of $10K with expenses exceeding revenue, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).

Financial Trends

YearRevenue ChangeExpense ChangeAsset Change
2023-1.3%+10.7%-2.2%
2022+14.6%+14.7%+2.6%
2021+6.2%+15.3%+10.0%
2020+6.2%+31.6%+37.3%
2019+3.3%-8.6%+85.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Vinokan Residence Corporation demonstrates consistent operational activity, with revenues generally exceeding expenses in recent years, contributing to a steady growth in assets. For instance, in 2022, revenue was $746,089 against expenses of $673,862, leading to an increase in assets to $660,077. The organization's financial health appears stable, with a positive trend in net assets over the past decade, growing from $39,301 in 2014 to $645,656 in 2023. This indicates effective management of resources and a capacity to build reserves. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent growth in assets suggests that the organization is not overspending relative to its income. The absence of reported officer compensation across all filings is a notable point regarding resource allocation, implying that leadership may be volunteer-based or compensated through other means not categorized as officer compensation. Transparency, based on the provided data, is reasonable given the consistent filing of IRS Form 990s. The lack of reported officer compensation, while potentially positive for resource allocation, could also raise questions about how leadership is structured and compensated, which would require deeper scrutiny of the full 990 forms. Overall, the organization appears to be financially sound and growing, with a clear history of compliance through its regular filings.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Vinokan Residence Corporation with a Mission Score of 80 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, Vinokan Residence Corporation 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$736KTotal Revenue
$746KTotal Expenses
$646KTotal Assets
$3KTotal Liabilities
$643KNet Assets
  • The organization reported a deficit of $10K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.4%.

Executive Compensation Analysis

Vinokan Residence Corporation consistently reports 0% officer compensation across all available filings, suggesting that its leadership may be entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the 990, which is unusual for an organization of its size and revenue.

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.

Red Flags

The following concerns were identified during AI analysis of Vinokan Residence Corporation's IRS 990 filings:

  • Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided summary data makes efficiency assessment difficult.
  • Consistent 0% officer compensation is unusual for an organization of this size and could warrant further investigation into leadership structure and compensation practices.

Strengths

The following positive indicators were identified for Vinokan Residence Corporation:

  • Consistent revenue growth over the past decade, from $291,739 in 2014 to $736,448 in 2023.
  • Steady accumulation of assets, demonstrating financial health and capacity building.
  • Regular IRS 990 filings indicate good compliance and transparency.
  • Generally positive net income (revenue exceeding expenses) in most recent periods, contributing to asset growth.

Frequently Asked Questions about Vinokan Residence Corporation

Is Vinokan Residence Corporation a legitimate charity?

Vinokan Residence Corporation (EIN: 204864678) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $967K. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Vinokan Residence Corporation spend its money?

Vinokan Residence Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Vinokan Residence Corporation tax-deductible?

Vinokan Residence Corporation is registered as a tax-exempt nonprofit (EIN: 204864678). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Vinokan Residence Corporation's spending goes to programs?

Vinokan Residence Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Vinokan Residence Corporation compare to similar nonprofits?

With a transparency score of 80/100 (Excellent), Vinokan Residence Corporation is above average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Vinokan Residence Corporation located?

Vinokan Residence Corporation is headquartered in Canton, Michigan and files with the IRS under EIN 204864678. It is classified under NTEE code L21.

How many years of IRS 990 filings does Vinokan Residence Corporation have?

Vinokan Residence Corporation 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 $967K in total revenue.

Is Vinokan Residence Corporation financially stable?

Yes, the organization appears financially stable, consistently generating more revenue than expenses in most recent years, leading to a steady increase in assets from $39,301 in 2014 to $645,656 in 2023.

How does Vinokan Residence Corporation manage its leadership compensation?

The provided data indicates 0% officer compensation across all filings, suggesting that leadership may be volunteer-based or compensated in ways not reported as officer compensation on the 990.

What is the trend in Vinokan Residence Corporation's assets?

Assets have shown a strong upward trend, growing from $39,301 in 2014 to $645,656 in 2023, indicating effective financial management and accumulation of resources.

Filing History

IRS 990 filing history for Vinokan Residence Corporation showing financial trends over 13 years of public records:

In its most recent filing year (2023), Vinokan Residence Corporation reported a deficit of $10K, with expenses exceeding revenue. The organization holds $3K in liabilities against $646K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $643K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $736K $746K $646K $3K View 990
2022 $746K $674K $660K $8K
2021 $651K $588K $643K $63K View 990
2020 $613K $509K $585K $68K
2019 $577K $387K $426K $13K View 990
2018 $559K $423K $230K $7K View 990
2017 $418K $428K $97K $9K View 990
2016 $348K $289K $105K $7K View 990
2015 $318K $316K $42K $2K View 990
2014 $292K $290K $39K $2K View 990
2013 $313K $310K $37K $140 View 990
2012 $297K $318K $36K $3K View 990
2011 $0 $0 $0 $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $736K, expenses of $746K, and assets of $646K (revenue -1.3% year-over-year).
  • 2022: Revenue of $746K, expenses of $674K, and assets of $660K (revenue +14.6% year-over-year).
  • 2021: Revenue of $651K, expenses of $588K, and assets of $643K (revenue +6.2% year-over-year).
  • 2020: Revenue of $613K, expenses of $509K, and assets of $585K (revenue +6.2% year-over-year).
  • 2019: Revenue of $577K, expenses of $387K, and assets of $426K (revenue +3.3% year-over-year).
  • 2018: Revenue of $559K, expenses of $423K, and assets of $230K (revenue +33.7% year-over-year).
  • 2017: Revenue of $418K, expenses of $428K, and assets of $97K (revenue +20.1% year-over-year).
  • 2016: Revenue of $348K, expenses of $289K, and assets of $105K (revenue +9.4% year-over-year).
  • 2015: Revenue of $318K, expenses of $316K, and assets of $42K (revenue +9.0% year-over-year).
  • 2014: Revenue of $292K, expenses of $290K, and assets of $39K (revenue -6.9% year-over-year).
  • 2013: Revenue of $313K, expenses of $310K, and assets of $37K (revenue +5.3% year-over-year).
  • 2012: Revenue of $297K, expenses of $318K, and assets of $36K.
  • 2011: Revenue of $0, expenses of $0, and assets of $0.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Vinokan Residence Corporation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Vinokan Residence Corporation 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.

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