Virginia Center For Inclusive Communities
Virginia Center For Inclusive Communities shows strong asset growth and efficient spending, with a recent deficit in 202306.
EIN: 203188273 · Richmond, VA · NTEE: R30 · Updated: 2026-03-28
Is Virginia Center For Inclusive Communities Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Virginia Center For Inclusive Communities directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Virginia Center For Inclusive Communities
Virginia Center For Inclusive Communities (EIN: 203188273) is a nonprofit organization based in Richmond, VA, classified under NTEE code R30. The organization reported total revenue of $2.0M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Center For Inclusive Communities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Center For Inclusive Communities is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-225,064 |
| Total Assets | $3.7M |
| Total Liabilities | $320K |
| Net Assets | $3.4M |
| Operating Margin | -17.3% |
| Debt-to-Asset Ratio | 8.6% |
| Months of Reserves | 29.3 months |
Financial Health Grade: B
In 2023, Virginia Center For Inclusive Communities reported a deficit of $225K with expenses exceeding revenue, holds 29.3 months of operating reserves (strong position), has a debt-to-asset ratio of 8.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Virginia Center For Inclusive Communities's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.7% | +3.2% | +5.3% |
| 2022 | -20.1% | +17.9% | -5.7% |
| 2021 | +101.9% | -1.6% | +68.3% |
| 2020 | -26.9% | +8.9% | +4.6% |
| 2019 | -1.2% | +21.2% | +33.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2006 |
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 Center For Inclusive Communities with a Mission Score of 90 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 Center For Inclusive Communities 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 deficit of $225K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with over $2 million in revenue and $4 million in assets. This suggests either a volunteer-led executive team, compensation being reported under different categories, or a highly efficient operational model that minimizes top-level executive salaries.
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 Center For Inclusive Communities's IRS 990 filings:
- Expenses exceeded revenue in the most recent fiscal period (202306), indicating a deficit.
- Consistent 0% officer compensation is highly unusual and warrants further investigation into executive compensation practices.
Strengths
The following positive indicators were identified for Virginia Center For Inclusive Communities:
- Strong asset growth over the past decade, from $673,260 in 201406 to $4,220,628 currently.
- Generally efficient spending with revenues often exceeding expenses in prior periods.
- Significant growth in revenue from $615,250 in 201406 to $2,002,397 currently, demonstrating increased support.
- Low reported administrative overhead, particularly with 0% officer compensation, suggesting a focus on mission.
Frequently Asked Questions about Virginia Center For Inclusive Communities
Is Virginia Center For Inclusive Communities a legitimate charity?
Based on AI analysis of IRS 990 filings, Virginia Center For Inclusive Communities (EIN: 203188273) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Virginia Center For Inclusive Communities spend its money?
Virginia Center For Inclusive Communities directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Virginia Center For Inclusive Communities tax-deductible?
Virginia Center For Inclusive Communities is registered as a tax-exempt nonprofit (EIN: 203188273). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why is officer compensation consistently reported as 0%?
This is an unusual finding for an organization of this size and could indicate that executive leadership is volunteer-based, compensated through other means not categorized as 'officer compensation' on the 990, or that the organization has a unique operational structure.
What caused the deficit in the 202306 fiscal period?
In 202306, expenses ($1,522,388) exceeded revenue ($1,297,324) by $225,064. Understanding the specific reasons for this deficit, whether it was a planned strategic investment or an unexpected shortfall, is important for assessing future financial stability.
How does the organization plan to address the recent deficit?
Given the deficit in the latest filing, it would be prudent to understand the organization's strategy for balancing its budget in subsequent periods and ensuring long-term financial health.
What is the breakdown of program expenses?
While overall program spending appears strong, a detailed breakdown of how program funds are allocated across specific initiatives would provide greater insight into the impact and effectiveness of their work.
What is the organization's strategy for managing liabilities, which have fluctuated significantly?
Liabilities have varied from $68,383 (201806) to $320,216 (202306). Understanding the nature of these liabilities and the strategy for their management is important for assessing financial risk.
Filing History
IRS 990 filing history for Virginia Center For Inclusive Communities showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Virginia Center For Inclusive Communities's revenue has grown by 105.1%, moving from $633K to $1.3M. Total assets increased by 663.9% over the same period, from $487K to $3.7M. Total functional expenses rose by 179.9%, from $544K to $1.5M. In its most recent filing year (2023), Virginia Center For Inclusive Communities reported a deficit of $225K, with expenses exceeding revenue. The organization holds $320K in liabilities against $3.7M in assets (debt-to-asset ratio: 8.6%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.5M | $3.7M | $320K | — | View 990 |
| 2022 | $1.9M | $1.5M | $3.5M | $105K | — | View 990 |
| 2021 | $2.4M | $1.3M | $3.7M | $318K | — | View 990 |
| 2020 | $1.2M | $1.3M | $2.2M | $305K | — | View 990 |
| 2019 | $1.6M | $1.2M | $2.1M | $123K | — | View 990 |
| 2018 | $1.7M | $964K | $1.6M | $68K | — | View 990 |
| 2017 | $880K | $763K | $903K | $92K | — | View 990 |
| 2016 | $742K | $707K | $823K | $145K | — | View 990 |
| 2015 | $665K | $576K | $873K | $225K | — | View 990 |
| 2014 | $615K | $578K | $673K | $96K | — | View 990 |
| 2013 | $574K | $516K | $560K | $40K | — | View 990 |
| 2012 | $527K | $513K | $522K | $59K | — | View 990 |
| 2011 | $633K | $544K | $487K | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.5M, and assets of $3.7M (revenue -32.7% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.5M, and assets of $3.5M (revenue -20.1% year-over-year).
- 2021: Revenue of $2.4M, expenses of $1.3M, and assets of $3.7M (revenue +101.9% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.3M, and assets of $2.2M (revenue -26.9% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.2M, and assets of $2.1M (revenue -1.2% year-over-year).
- 2018: Revenue of $1.7M, expenses of $964K, and assets of $1.6M (revenue +88.0% year-over-year).
- 2017: Revenue of $880K, expenses of $763K, and assets of $903K (revenue +18.6% year-over-year).
- 2016: Revenue of $742K, expenses of $707K, and assets of $823K (revenue +11.6% year-over-year).
- 2015: Revenue of $665K, expenses of $576K, and assets of $873K (revenue +8.1% year-over-year).
- 2014: Revenue of $615K, expenses of $578K, and assets of $673K (revenue +7.1% year-over-year).
- 2013: Revenue of $574K, expenses of $516K, and assets of $560K (revenue +9.1% year-over-year).
- 2012: Revenue of $527K, expenses of $513K, and assets of $522K (revenue -16.8% year-over-year).
- 2011: Revenue of $633K, expenses of $544K, and assets of $487K.
Data Sources and Methodology
This transparency report for Virginia Center For Inclusive Communities 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.