Virginia Nutrient Credit Exchange Association Inc
EIN: 841703144 · Richmond, VA · NTEE: S40
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $1.7M |
| Net Assets | $1.7M |
Is Virginia Nutrient Credit Exchange Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Virginia Nutrient Credit Exchange Association Inc
Virginia Nutrient Credit Exchange Association Inc (EIN: 841703144) is a nonprofit organization based in Richmond, VA, classified under NTEE code S40. The organization reported total revenue of $2.5M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Nutrient Credit Exchange Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Nutrient Credit Exchange Association Inc is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 15.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-4,083 |
| Total Assets | $1.7M |
| Net Assets | $1.7M |
| Operating Margin | -0.2% |
| Months of Reserves | 12.2 months |
Financial Health Grade: B
In 2024, Virginia Nutrient Credit Exchange Association Inc reported a deficit of $4K with expenses exceeding revenue, holds 12.2 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Virginia Nutrient Credit Exchange Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1.6% | +25.7% | -0.2% |
| 2023 | +21.1% | -11.5% | +22.3% |
| 2022 | -8.9% | -12.6% | -9.6% |
| 2021 | -11.9% | +17.6% | -13.1% |
| 2020 | +7.6% | +30.1% | +14.7% |
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 Virginia Nutrient Credit Exchange Association 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 Virginia Nutrient Credit Exchange Association 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Frequently Asked Questions about Virginia Nutrient Credit Exchange Association Inc
Is Virginia Nutrient Credit Exchange Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Virginia Nutrient Credit Exchange Association Inc (EIN: 841703144) insufficient data. 0 red flags identified, 0 strengths noted.
How does Virginia Nutrient Credit Exchange Association Inc spend its money?
Detailed spending breakdown data is not yet available for Virginia Nutrient Credit Exchange Association Inc. Check back for updated IRS 990 analysis.
Are donations to Virginia Nutrient Credit Exchange Association Inc tax-deductible?
Virginia Nutrient Credit Exchange Association Inc is registered as a tax-exempt nonprofit (EIN: 841703144). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Virginia Nutrient Credit Exchange Association Inc located?
Virginia Nutrient Credit Exchange Association Inc is headquartered in Richmond, Virginia and files with the IRS under EIN 841703144. It is classified under NTEE code S40.
How many years of IRS 990 filings does Virginia Nutrient Credit Exchange Association Inc have?
Virginia Nutrient Credit Exchange Association Inc has 14 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 $2.5M in total revenue.
Filing History
IRS 990 filing history for Virginia Nutrient Credit Exchange Association Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Virginia Nutrient Credit Exchange Association Inc's revenue has grown by 577.8%, moving from $244K to $1.7M. Total assets increased by 975.1% over the same period, from $157K to $1.7M. Total functional expenses rose by 1163.6%, from $131K to $1.7M. In its most recent filing year (2024), Virginia Nutrient Credit Exchange Association Inc reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.7M | $1.7M | $1.7M | $0 | — | View 990 |
| 2023 | $1.6M | $1.3M | $1.7M | $0 | — | View 990 |
| 2022 | $1.3M | $1.5M | $1.4M | $0 | — | View 990 |
| 2021 | $1.5M | $1.7M | $1.5M | $0 | — | View 990 |
| 2020 | $1.7M | $1.5M | $1.8M | $0 | — | View 990 |
| 2019 | $1.6M | $1.1M | $1.5M | $0 | — | View 990 |
| 2018 | $1.1M | $1.7M | $1.1M | $0 | — | View 990 |
| 2017 | $1.6M | $1.5M | $1.7M | $0 | — | View 990 |
| 2016 | $1.5M | $1.7M | $1.5M | $14K | — | View 990 |
| 2015 | $1.8M | $1.4M | $1.8M | $0 | — | View 990 |
| 2014 | $1.5M | $1.3M | $1.4M | $0 | — | View 990 |
| 2013 | $1.4M | $2.0M | $1.3M | $0 | — | View 990 |
| 2012 | $2.0M | $189K | $2.0M | $0 | — | View 990 |
| 2011 | $244K | $131K | $157K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.7M, expenses of $1.7M, and assets of $1.7M (revenue +1.6% year-over-year).
- 2023: Revenue of $1.6M, expenses of $1.3M, and assets of $1.7M (revenue +21.1% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.5M, and assets of $1.4M (revenue -8.9% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.7M, and assets of $1.5M (revenue -11.9% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.5M, and assets of $1.8M (revenue +7.6% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.1M, and assets of $1.5M (revenue +42.1% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.7M, and assets of $1.1M (revenue -33.2% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.5M, and assets of $1.7M (revenue +12.8% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.7M, and assets of $1.5M (revenue -17.5% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.4M, and assets of $1.8M (revenue +21.7% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.3M, and assets of $1.4M (revenue +5.8% year-over-year).
- 2013: Revenue of $1.4M, expenses of $2.0M, and assets of $1.3M (revenue -31.5% year-over-year).
- 2012: Revenue of $2.0M, expenses of $189K, and assets of $2.0M (revenue +719.1% year-over-year).
- 2011: Revenue of $244K, expenses of $131K, and assets of $157K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virginia Nutrient Credit Exchange Association Inc:
Data Sources and Methodology
This transparency report for Virginia Nutrient Credit Exchange Association 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.