Virginia Capital Trail Foundation
Virginia Capital Trail Foundation shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 141916016 · Richmond, VA · NTEE: N32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $595K |
| Total Expenses | $383K |
| Program Spending | 85% |
| Net Assets | $799K |
| Transparency Score | 92/100 |
Is Virginia Capital Trail Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Virginia Capital Trail Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Virginia Capital Trail Foundation
Virginia Capital Trail Foundation (EIN: 141916016) is a nonprofit organization based in Richmond, VA, classified under NTEE code N32. The organization reported total revenue of $595K and total assets of $963K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Capital Trail Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Capital Trail Foundation is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $612K |
| Total Expenses | $383K |
| Surplus / Deficit | +$229K |
| Total Assets | $886K |
| Total Liabilities | $87K |
| Net Assets | $799K |
| Operating Margin | 37.4% |
| Debt-to-Asset Ratio | 9.8% |
| Months of Reserves | 27.8 months |
Financial Health Grade: A
In 2023, Virginia Capital Trail Foundation reported a surplus of $229K with revenue exceeding expenses, holds 27.8 months of operating reserves (strong position), has a debt-to-asset ratio of 9.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Virginia Capital Trail Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.3% | +9.7% | +37.5% |
| 2022 | +19.3% | +17.0% | +38.1% |
| 2021 | +42.1% | +20.4% | +23.0% |
| 2020 | -10.8% | -9.5% | +47.9% |
| 2019 | +4.8% | +12.6% | +42.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Virginia Capital Trail Foundation with a Mission Score of 92 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, Virginia Capital Trail Foundation 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:
- The organization reported a surplus of $229K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through non-officer categories, which is highly favorable for directing resources to the 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.
Red Flags
The following concerns were identified during AI analysis of Virginia Capital Trail Foundation's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes precise program spending difficult to ascertain without full 990 forms.
Strengths
The following positive indicators were identified for Virginia Capital Trail Foundation:
- Consistent and strong revenue growth, increasing from $297,533 in 2020 to $612,177 in 2023.
- Significant asset accumulation, growing from $379,138 in 2020 to $886,105 in 2023.
- No reported officer compensation across all filings, indicating high efficiency in leadership costs.
- Consistent financial surpluses in recent years (e.g., $229,259 in 2023), contributing to financial stability.
- Low liabilities relative to assets, suggesting a healthy balance sheet and low financial risk.
Frequently Asked Questions about Virginia Capital Trail Foundation
Is Virginia Capital Trail Foundation a legitimate charity?
Virginia Capital Trail Foundation (EIN: 141916016) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $595K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Virginia Capital Trail Foundation spend its money?
Virginia Capital Trail Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Virginia Capital Trail Foundation tax-deductible?
Virginia Capital Trail Foundation is registered as a tax-exempt nonprofit (EIN: 141916016). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Virginia Capital Trail Foundation's spending goes to programs?
Virginia Capital Trail Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Virginia Capital Trail Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Virginia Capital Trail Foundation is above average for NTEE category N32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Virginia Capital Trail Foundation located?
Virginia Capital Trail Foundation is headquartered in Richmond, Virginia and files with the IRS under EIN 141916016. It is classified under NTEE code N32.
How many years of IRS 990 filings does Virginia Capital Trail Foundation have?
Virginia Capital Trail Foundation 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 $595K in total revenue.
Is the Virginia Capital Trail Foundation financially stable?
Yes, the foundation is financially stable, evidenced by consistent revenue growth from $297,533 in 2020 to $612,177 in 2023, and a significant increase in assets from $379,138 to $886,105 over the same period, alongside healthy surpluses.
How efficiently does the foundation use its funds?
The foundation appears highly efficient. With no reported officer compensation and consistent surpluses (e.g., $229,259 in 2023), a large portion of expenses is likely directed towards program services, indicating effective resource allocation.
Has the organization's financial health improved over time?
Yes, the organization's financial health has significantly improved, with revenue more than doubling from $297,533 in 2020 to $612,177 in 2023, and assets growing from $379,138 to $886,105 in the same timeframe.
Filing History
IRS 990 filing history for Virginia Capital Trail Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Virginia Capital Trail Foundation's revenue has grown by 90.5%, moving from $321K to $612K. Total assets increased by 84.3% over the same period, from $481K to $886K. Total functional expenses rose by 115%, from $178K to $383K. In its most recent filing year (2023), Virginia Capital Trail Foundation reported a surplus of $229K, with revenue exceeding expenses. The organization holds $87K in liabilities against $886K in assets (debt-to-asset ratio: 9.8%), resulting in net assets of $799K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $612K | $383K | $886K | $87K | — | — |
| 2022 | $505K | $349K | $644K | $80K | — | — |
| 2021 | $423K | $298K | $466K | $58K | — | View 990 |
| 2020 | $298K | $248K | $379K | $95K | — | — |
| 2019 | $333K | $274K | $256K | $22K | — | View 990 |
| 2018 | $318K | $243K | $180K | $6K | — | View 990 |
| 2017 | $245K | $324K | $142K | $42K | — | View 990 |
| 2016 | $380K | $422K | $182K | $4K | — | View 990 |
| 2015 | $308K | $359K | $234K | $14K | — | View 990 |
| 2014 | $258K | $490K | $273K | $1K | — | View 990 |
| 2013 | $399K | $550K | $506K | $3K | — | View 990 |
| 2012 | $215K | $216K | $480K | $0 | — | View 990 |
| 2011 | $321K | $178K | $481K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $612K, expenses of $383K, and assets of $886K (revenue +21.3% year-over-year).
- 2022: Revenue of $505K, expenses of $349K, and assets of $644K (revenue +19.3% year-over-year).
- 2021: Revenue of $423K, expenses of $298K, and assets of $466K (revenue +42.1% year-over-year).
- 2020: Revenue of $298K, expenses of $248K, and assets of $379K (revenue -10.8% year-over-year).
- 2019: Revenue of $333K, expenses of $274K, and assets of $256K (revenue +4.8% year-over-year).
- 2018: Revenue of $318K, expenses of $243K, and assets of $180K (revenue +29.6% year-over-year).
- 2017: Revenue of $245K, expenses of $324K, and assets of $142K (revenue -35.4% year-over-year).
- 2016: Revenue of $380K, expenses of $422K, and assets of $182K (revenue +23.5% year-over-year).
- 2015: Revenue of $308K, expenses of $359K, and assets of $234K (revenue +19.1% year-over-year).
- 2014: Revenue of $258K, expenses of $490K, and assets of $273K (revenue -35.2% year-over-year).
- 2013: Revenue of $399K, expenses of $550K, and assets of $506K (revenue +85.5% year-over-year).
- 2012: Revenue of $215K, expenses of $216K, and assets of $480K (revenue -33.1% year-over-year).
- 2011: Revenue of $321K, expenses of $178K, and assets of $481K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virginia Capital Trail Foundation:
Data Sources and Methodology
This transparency report for Virginia Capital Trail Foundation 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.