Virginia Center For The Creativearts Abroad Inc
Virginia Center For The Creativearts Abroad Inc maintains stable finances with volunteer leadership and no officer compensation.
EIN: 204203406 · Amherst, VA · NTEE: A11 · Updated: 2026-03-28
Is Virginia Center For The Creativearts Abroad Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Virginia Center For The Creativearts Abroad Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Virginia Center For The Creativearts Abroad Inc
Virginia Center For The Creativearts Abroad Inc (EIN: 204203406) is a nonprofit organization based in Amherst, VA, classified under NTEE code A11. The organization reported total revenue of $310K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Center For The Creativearts Abroad Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Center For The Creativearts Abroad Inc is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $207K |
| Total Expenses | $225K |
| Surplus / Deficit | $-17,263 |
| Total Assets | $1.3M |
| Total Liabilities | $14K |
| Net Assets | $1.3M |
| Operating Margin | -8.3% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 71.8 months |
Financial Health Grade: B
In 2024, Virginia Center For The Creativearts Abroad Inc reported a deficit of $17K with expenses exceeding revenue, holds 71.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Virginia Center For The Creativearts Abroad Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.1% | +11.5% | +8.4% |
| 2023 | +8.9% | +42.9% | +3.0% |
| 2022 | +175.8% | +79.5% | -12.5% |
| 2021 | -67.1% | -54.8% | +16.8% |
| 2020 | -18.4% | -26.6% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 The Creativearts Abroad Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Virginia Center For The Creativearts Abroad Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with assets exceeding $1 million.
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.
Strengths
The following positive indicators were identified for Virginia Center For The Creativearts Abroad Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
- Stable and growing asset base, demonstrating financial health and sustainability.
- Expenses generally align with revenue, showing responsible financial management.
- Low liabilities relative to assets, indicating a strong balance sheet.
Frequently Asked Questions about Virginia Center For The Creativearts Abroad Inc
Is Virginia Center For The Creativearts Abroad Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Virginia Center For The Creativearts Abroad Inc (EIN: 204203406) appears legitimate. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
How does Virginia Center For The Creativearts Abroad Inc spend its money?
Virginia Center For The Creativearts Abroad Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Virginia Center For The Creativearts Abroad Inc tax-deductible?
Virginia Center For The Creativearts Abroad Inc is registered as a tax-exempt nonprofit (EIN: 204203406). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Virginia Center For The Creativearts Abroad Inc a good charity?
Based on its financial data, particularly the consistent 0% officer compensation and stable asset growth, it appears to be a very good charity, demonstrating high efficiency and a strong commitment to its mission.
How does the organization manage its expenses relative to its revenue?
For most periods, expenses are closely aligned with revenue, indicating careful financial management. For example, in 202406, revenue was $207,297 and expenses were $224,560, showing a slight deficit but within a manageable range given its asset base.
What is the trend in the organization's assets?
The organization's assets have shown a consistent upward trend over the past decade, growing from $1,062,588 in 201506 to $1,344,124 in 202406, indicating financial health and accumulation of resources.
Filing History
IRS 990 filing history for Virginia Center For The Creativearts Abroad Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Virginia Center For The Creativearts Abroad Inc's revenue has grown by 52.4%, moving from $136K to $207K. Total assets increased by 3143.1% over the same period, from $41K to $1.3M. Total functional expenses rose by 59.6%, from $141K to $225K. In its most recent filing year (2024), Virginia Center For The Creativearts Abroad Inc reported a deficit of $17K, with expenses exceeding revenue. The organization holds $14K in liabilities against $1.3M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $207K | $225K | $1.3M | $14K | — | — |
| 2023 | $197K | $201K | $1.2M | $13K | — | — |
| 2022 | $181K | $141K | $1.2M | $26K | — | View 990 |
| 2021 | $66K | $79K | $1.4M | $29K | — | View 990 |
| 2020 | $200K | $174K | $1.2M | $36K | — | View 990 |
| 2019 | $245K | $237K | $1.1M | $11K | — | View 990 |
| 2018 | $248K | $227K | $1.1M | $39K | — | View 990 |
| 2017 | $223K | $219K | $1.1M | $54K | — | View 990 |
| 2016 | $204K | $170K | $1.1M | $29K | — | View 990 |
| 2015 | $1.1M | $141K | $1.1M | $19K | — | View 990 |
| 2014 | $163K | $142K | $70K | $26K | — | View 990 |
| 2013 | $123K | $105K | $57K | $34K | — | View 990 |
| 2012 | $126K | $129K | $39K | $34K | — | View 990 |
| 2011 | $136K | $141K | $41K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $207K, expenses of $225K, and assets of $1.3M (revenue +5.1% year-over-year).
- 2023: Revenue of $197K, expenses of $201K, and assets of $1.2M (revenue +8.9% year-over-year).
- 2022: Revenue of $181K, expenses of $141K, and assets of $1.2M (revenue +175.8% year-over-year).
- 2021: Revenue of $66K, expenses of $79K, and assets of $1.4M (revenue -67.1% year-over-year).
- 2020: Revenue of $200K, expenses of $174K, and assets of $1.2M (revenue -18.4% year-over-year).
- 2019: Revenue of $245K, expenses of $237K, and assets of $1.1M (revenue -1.5% year-over-year).
- 2018: Revenue of $248K, expenses of $227K, and assets of $1.1M (revenue +11.6% year-over-year).
- 2017: Revenue of $223K, expenses of $219K, and assets of $1.1M (revenue +9.3% year-over-year).
- 2016: Revenue of $204K, expenses of $170K, and assets of $1.1M (revenue -82.1% year-over-year).
- 2015: Revenue of $1.1M, expenses of $141K, and assets of $1.1M (revenue +597.9% year-over-year).
- 2014: Revenue of $163K, expenses of $142K, and assets of $70K (revenue +32.7% year-over-year).
- 2013: Revenue of $123K, expenses of $105K, and assets of $57K (revenue -2.7% year-over-year).
- 2012: Revenue of $126K, expenses of $129K, and assets of $39K (revenue -7.0% year-over-year).
- 2011: Revenue of $136K, expenses of $141K, and assets of $41K.
Data Sources and Methodology
This transparency report for Virginia Center For The Creativearts Abroad 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.