Vireva Nursery School And Kindergarten Inc
EIN: 364440568 · Chicago, IL · NTEE: B21
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.0M |
| Net Assets | $41K |
Is Vireva Nursery School And Kindergarten Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vireva Nursery School And Kindergarten Inc
Vireva Nursery School And Kindergarten Inc (EIN: 364440568) is a nonprofit organization based in Chicago, IL, classified under NTEE code B21. The organization reported total revenue of $1.1M and total assets of $314K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vireva Nursery School And Kindergarten Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vireva Nursery School And Kindergarten Inc is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$90K |
| Total Assets | $314K |
| Total Liabilities | $272K |
| Net Assets | $41K |
| Operating Margin | 8.1% |
| Debt-to-Asset Ratio | 86.8% |
| Months of Reserves | 3.7 months |
Financial Health Grade: A
In 2021, Vireva Nursery School And Kindergarten Inc reported a surplus of $90K with revenue exceeding expenses, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 86.8% (high leverage).
Financial Trends
Over 10 years of filings (2011–2021), Vireva Nursery School And Kindergarten Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +13.5% | +29.6% | +37.5% |
| 2020 | +28.3% | -0.3% | +243.3% |
| 2019 | -8.8% | -12.2% | -17.8% |
| 2018 | -8.6% | -1.0% | -35.6% |
| 2016 | +5.1% | +11.7% | -32.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vireva Nursery School And Kindergarten 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 Vireva Nursery School And Kindergarten 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $90K, with revenue exceeding expenses.
- Debt-to-asset ratio: 86.8%.
Frequently Asked Questions about Vireva Nursery School And Kindergarten Inc
Is Vireva Nursery School And Kindergarten Inc a legitimate charity?
Vireva Nursery School And Kindergarten Inc (EIN: 364440568) is a registered tax-exempt nonprofit based in Illinois. It has 10 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: A.
How does Vireva Nursery School And Kindergarten Inc spend its money?
Vireva Nursery School And Kindergarten Inc reported $1.1M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Vireva Nursery School And Kindergarten Inc tax-deductible?
Vireva Nursery School And Kindergarten Inc is registered as a tax-exempt nonprofit (EIN: 364440568). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vireva Nursery School And Kindergarten Inc located?
Vireva Nursery School And Kindergarten Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 364440568. It is classified under NTEE code B21.
How many years of IRS 990 filings does Vireva Nursery School And Kindergarten Inc have?
Vireva Nursery School And Kindergarten Inc has 10 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for Vireva Nursery School And Kindergarten Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2021), Vireva Nursery School And Kindergarten Inc's revenue has grown by 16.3%, moving from $956K to $1.1M. Total assets increased by 93.9% over the same period, from $162K to $314K. Total functional expenses fell by 8.3%, from $1.1M to $1.0M. In its most recent filing year (2021), Vireva Nursery School And Kindergarten Inc reported a surplus of $90K, with revenue exceeding expenses. The organization holds $272K in liabilities against $314K in assets (debt-to-asset ratio: 86.8%), resulting in net assets of $41K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $1.1M | $1.0M | $314K | $272K | — | View 990 |
| 2020 | $979K | $788K | $228K | $277K | — | — |
| 2019 | $763K | $791K | $66K | $305K | — | View 990 |
| 2018 | $837K | $901K | $81K | $292K | — | View 990 |
| 2016 | $916K | $910K | $126K | $211K | — | View 990 |
| 2015 | $872K | $815K | $185K | $277K | — | View 990 |
| 2014 | $729K | $670K | $214K | $363K | — | View 990 |
| 2013 | $670K | $753K | $146K | $353K | — | View 990 |
| 2012 | $939K | $958K | $204K | $329K | — | View 990 |
| 2011 | $956K | $1.1M | $162K | $268K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $1.1M, expenses of $1.0M, and assets of $314K (revenue +13.5% year-over-year).
- 2020: Revenue of $979K, expenses of $788K, and assets of $228K (revenue +28.3% year-over-year).
- 2019: Revenue of $763K, expenses of $791K, and assets of $66K (revenue -8.8% year-over-year).
- 2018: Revenue of $837K, expenses of $901K, and assets of $81K (revenue -8.6% year-over-year).
- 2016: Revenue of $916K, expenses of $910K, and assets of $126K (revenue +5.1% year-over-year).
- 2015: Revenue of $872K, expenses of $815K, and assets of $185K (revenue +19.6% year-over-year).
- 2014: Revenue of $729K, expenses of $670K, and assets of $214K (revenue +8.8% year-over-year).
- 2013: Revenue of $670K, expenses of $753K, and assets of $146K (revenue -28.7% year-over-year).
- 2012: Revenue of $939K, expenses of $958K, and assets of $204K (revenue -1.7% year-over-year).
- 2011: Revenue of $956K, expenses of $1.1M, and assets of $162K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vireva Nursery School And Kindergarten Inc:
Data Sources and Methodology
This transparency report for Vireva Nursery School And Kindergarten 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.