Virginia Lane Estates Property Owners Association Incorporated
Virginia Lane Estates Property Owners Association reported $47,369 in revenue and $31,936 in expenses in its last available 2015 filing.
EIN: 20414097 · E Wakefield, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $32K |
| Program Spending | 70% |
| Net Assets | $18K |
| Transparency Score | 50/100 |
Is Virginia Lane Estates Property Owners Association Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Virginia Lane Estates Property Owners Association Incorporated directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Virginia Lane Estates Property Owners Association Incorporated
Virginia Lane Estates Property Owners Association Incorporated (EIN: 20414097) is a nonprofit organization based in E Wakefield, NH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Lane Estates Property Owners Association Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Lane Estates Property Owners Association Incorporated is a micro nonprofit that has been operating for 39 years.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $47K |
| Total Expenses | $32K |
| Surplus / Deficit | +$15K |
| Total Assets | $18K |
| Net Assets | $18K |
| Operating Margin | 32.6% |
| Months of Reserves | 6.8 months |
Financial Health Grade: A
In 2015, Virginia Lane Estates Property Owners Association Incorporated reported a surplus of $15K with revenue exceeding expenses, holds 6.8 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1987 |
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 Lane Estates Property Owners Association Incorporated with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Virginia Lane Estates Property Owners Association Incorporated allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reported 0% officer compensation in its 2015 filing, suggesting that executive leadership may be volunteer-based or compensated minimally, which is positive for a small organization's efficiency.
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 Lane Estates Property Owners Association Incorporated's IRS 990 filings:
- Lack of recent IRS 990 filings (last filed in 2015), raising transparency concerns.
- Unknown NTEE code, making it difficult to categorize and benchmark the organization's mission.
- Zero reported revenue and assets in the latest summary, which contradicts the 2015 filing and suggests incomplete or outdated summary data.
Strengths
The following positive indicators were identified for Virginia Lane Estates Property Owners Association Incorporated:
- Reported no liabilities in 2015, indicating a healthy balance sheet at that time.
- No officer compensation reported in 2015, suggesting efficient use of funds for a small organization.
Frequently Asked Questions about Virginia Lane Estates Property Owners Association Incorporated
Is Virginia Lane Estates Property Owners Association Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Virginia Lane Estates Property Owners Association Incorporated (EIN: 20414097) some concerns. Mission Score: 50/100. 3 red flags identified, 2 strengths noted.
How does Virginia Lane Estates Property Owners Association Incorporated spend its money?
Virginia Lane Estates Property Owners Association Incorporated directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Virginia Lane Estates Property Owners Association Incorporated tax-deductible?
Virginia Lane Estates Property Owners Association Incorporated is registered as a tax-exempt nonprofit (EIN: 20414097). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Virginia Lane Estates Property Owners Association Incorporated's spending goes to programs?
Virginia Lane Estates Property Owners Association Incorporated directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Virginia Lane Estates Property Owners Association Incorporated located?
Virginia Lane Estates Property Owners Association Incorporated is headquartered in E Wakefield, New Hampshire and files with the IRS under EIN 20414097.
Is Virginia Lane Estates Property Owners Association Incorporated still active?
Based on the provided data, the latest IRS 990 filing is from 2015. There is no information to confirm if the organization is still active or filing with the IRS after that period.
What are the primary programs of this organization?
The NTEE code is 'Unknown' and the provided data does not detail specific programs. As a Property Owners Association, its primary activities likely involve maintaining common areas, enforcing covenants, and providing services to property owners.
Why is there only one filing available?
The provided data only includes one filing from 2015. Reasons for a single filing could include the organization being very new at that time, subsequently ceasing operations, or falling below the IRS filing threshold in later years if its revenue significantly decreased.
Filing History
IRS 990 filing history for Virginia Lane Estates Property Owners Association Incorporated showing financial trends over 1 year of public records:
In its most recent filing year (2015), Virginia Lane Estates Property Owners Association Incorporated reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $47K | $32K | $18K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virginia Lane Estates Property Owners Association Incorporated:
Data Sources and Methodology
This transparency report for Virginia Lane Estates Property Owners Association Incorporated 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.