Virginia Polo Inc
EIN: 541569671 · Charlottesvle, VA
| Metric | Value |
|---|---|
| Total Revenue | $528K |
| Total Expenses | $620K |
| Net Assets | $9.7M |
Is Virginia Polo 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 Polo Inc
Virginia Polo Inc (EIN: 541569671) is a nonprofit organization based in Charlottesvle, VA. The organization reported total revenue of $528K and total assets of $10.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Polo Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Polo Inc is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $738K |
| Total Expenses | $620K |
| Surplus / Deficit | +$118K |
| Total Assets | $9.7M |
| Net Assets | $9.7M |
| Operating Margin | 16.0% |
| Months of Reserves | 187.3 months |
Financial Health Grade: A
In 2023, Virginia Polo Inc reported a surplus of $118K with revenue exceeding expenses, holds 187.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Virginia Polo Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +163.0% | +14.5% | +4.7% |
| 2022 | -22.6% | +14.0% | -10.3% |
| 2021 | +19.2% | +10.8% | +20.7% |
| 2020 | -17.7% | -8.5% | +15.4% |
| 2019 | +17.1% | +15.2% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Virginia Polo 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 Polo 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $118K, with revenue exceeding expenses.
Frequently Asked Questions about Virginia Polo Inc
Is Virginia Polo Inc a legitimate charity?
Virginia Polo Inc (EIN: 541569671) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $528K. No red flags identified. Financial health grade: A.
How does Virginia Polo Inc spend its money?
Virginia Polo Inc reported $528K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Virginia Polo Inc tax-deductible?
Virginia Polo Inc is registered as a tax-exempt nonprofit (EIN: 541569671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Virginia Polo Inc located?
Virginia Polo Inc is headquartered in Charlottesvle, Virginia and files with the IRS under EIN 541569671.
How many years of IRS 990 filings does Virginia Polo Inc have?
Virginia Polo Inc 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 $528K in total revenue.
Filing History
IRS 990 filing history for Virginia Polo Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Virginia Polo Inc's revenue has grown by 165.8%, moving from $277K to $738K. Total assets increased by 410.5% over the same period, from $1.9M to $9.7M. Total functional expenses rose by 241.2%, from $182K to $620K. In its most recent filing year (2023), Virginia Polo Inc reported a surplus of $118K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $738K | $620K | $9.7M | $0 | — | — |
| 2022 | $280K | $541K | $9.2M | $0 | — | View 990 |
| 2021 | $362K | $475K | $10.3M | $0 | — | View 990 |
| 2020 | $304K | $428K | $8.5M | $21K | — | — |
| 2019 | $369K | $468K | $7.4M | $0 | — | View 990 |
| 2018 | $315K | $406K | $6.8M | $0 | — | View 990 |
| 2017 | $1.6M | $330K | $7.0M | $62K | — | View 990 |
| 2016 | $2.7M | $308K | $5.4M | $62K | — | View 990 |
| 2015 | $497K | $205K | $3.2M | $13K | — | View 990 |
| 2014 | $669K | $205K | $3.1M | $7K | — | View 990 |
| 2013 | $438K | $194K | $2.6M | $11K | — | View 990 |
| 2012 | $367K | $173K | $2.2M | $16K | — | View 990 |
| 2011 | $277K | $182K | $1.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $738K, expenses of $620K, and assets of $9.7M (revenue +163.0% year-over-year).
- 2022: Revenue of $280K, expenses of $541K, and assets of $9.2M (revenue -22.6% year-over-year).
- 2021: Revenue of $362K, expenses of $475K, and assets of $10.3M (revenue +19.2% year-over-year).
- 2020: Revenue of $304K, expenses of $428K, and assets of $8.5M (revenue -17.7% year-over-year).
- 2019: Revenue of $369K, expenses of $468K, and assets of $7.4M (revenue +17.1% year-over-year).
- 2018: Revenue of $315K, expenses of $406K, and assets of $6.8M (revenue -79.8% year-over-year).
- 2017: Revenue of $1.6M, expenses of $330K, and assets of $7.0M (revenue -43.0% year-over-year).
- 2016: Revenue of $2.7M, expenses of $308K, and assets of $5.4M (revenue +451.9% year-over-year).
- 2015: Revenue of $497K, expenses of $205K, and assets of $3.2M (revenue -25.7% year-over-year).
- 2014: Revenue of $669K, expenses of $205K, and assets of $3.1M (revenue +52.6% year-over-year).
- 2013: Revenue of $438K, expenses of $194K, and assets of $2.6M (revenue +19.3% year-over-year).
- 2012: Revenue of $367K, expenses of $173K, and assets of $2.2M (revenue +32.4% year-over-year).
- 2011: Revenue of $277K, expenses of $182K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virginia Polo Inc:
Data Sources and Methodology
This transparency report for Virginia Polo 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.