Virginia Society Of Healthcare Engineers
EIN: 30608182 · Yorktown, VA · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $298K |
| Total Expenses | $247K |
| Net Assets | $227K |
Is Virginia Society Of Healthcare Engineers Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Virginia Society Of Healthcare Engineers
Virginia Society Of Healthcare Engineers (EIN: 30608182) is a nonprofit organization based in Yorktown, VA, classified under NTEE code S41. The organization reported total revenue of $298K and total assets of $204K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Society Of Healthcare Engineers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Society Of Healthcare Engineers is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $234K |
| Total Expenses | $247K |
| Surplus / Deficit | $-12,799 |
| Total Assets | $228K |
| Total Liabilities | $1K |
| Net Assets | $227K |
| Operating Margin | -5.5% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 11.1 months |
Financial Health Grade: B
In 2023, Virginia Society Of Healthcare Engineers reported a deficit of $13K with expenses exceeding revenue, holds 11.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Virginia Society Of Healthcare Engineers's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.8% | -27.4% | -4.9% |
| 2022 | +47.8% | +131.8% | -33.6% |
| 2021 | -14.6% | -6.4% | +0.6% |
| 2020 | -42.4% | -28.6% | +4.9% |
| 2019 | -7.1% | -17.2% | +31.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Virginia Society Of Healthcare Engineers 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 Society Of Healthcare Engineers 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 deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Virginia Society Of Healthcare Engineers
Is Virginia Society Of Healthcare Engineers a legitimate charity?
Based on AI analysis of IRS 990 filings, Virginia Society Of Healthcare Engineers (EIN: 30608182) insufficient data. 0 red flags identified, 0 strengths noted.
How does Virginia Society Of Healthcare Engineers spend its money?
Detailed spending breakdown data is not yet available for Virginia Society Of Healthcare Engineers. Check back for updated IRS 990 analysis.
Are donations to Virginia Society Of Healthcare Engineers tax-deductible?
Virginia Society Of Healthcare Engineers is registered as a tax-exempt nonprofit (EIN: 30608182). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Virginia Society Of Healthcare Engineers located?
Virginia Society Of Healthcare Engineers is headquartered in Yorktown, Virginia and files with the IRS under EIN 30608182. It is classified under NTEE code S41.
How many years of IRS 990 filings does Virginia Society Of Healthcare Engineers have?
Virginia Society Of Healthcare Engineers 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 $298K in total revenue.
Filing History
IRS 990 filing history for Virginia Society Of Healthcare Engineers showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Virginia Society Of Healthcare Engineers's revenue has grown by 144.4%, moving from $96K to $234K. Total assets increased by 460.2% over the same period, from $41K to $228K. Total functional expenses rose by 249.1%, from $71K to $247K. In its most recent filing year (2023), Virginia Society Of Healthcare Engineers reported a deficit of $13K, with expenses exceeding revenue. The organization holds $1K in liabilities against $228K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $227K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $234K | $247K | $228K | $1K | — | — |
| 2022 | $219K | $341K | $240K | $10 | — | View 990 |
| 2021 | $149K | $147K | $361K | $457 | — | View 990 |
| 2020 | $174K | $157K | $359K | $0 | — | View 990 |
| 2019 | $302K | $220K | $343K | $0 | — | View 990 |
| 2018 | $325K | $266K | $261K | $0 | — | View 990 |
| 2017 | $297K | $239K | $201K | $0 | — | View 990 |
| 2016 | $248K | $193K | $143K | $0 | — | View 990 |
| 2015 | $187K | $165K | $87K | $0 | — | View 990 |
| 2014 | $162K | $179K | $66K | $0 | — | View 990 |
| 2013 | $248K | $223K | $108K | $0 | — | View 990 |
| 2012 | $190K | $148K | $82K | $0 | — | View 990 |
| 2011 | $96K | $71K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $234K, expenses of $247K, and assets of $228K (revenue +6.8% year-over-year).
- 2022: Revenue of $219K, expenses of $341K, and assets of $240K (revenue +47.8% year-over-year).
- 2021: Revenue of $149K, expenses of $147K, and assets of $361K (revenue -14.6% year-over-year).
- 2020: Revenue of $174K, expenses of $157K, and assets of $359K (revenue -42.4% year-over-year).
- 2019: Revenue of $302K, expenses of $220K, and assets of $343K (revenue -7.1% year-over-year).
- 2018: Revenue of $325K, expenses of $266K, and assets of $261K (revenue +9.3% year-over-year).
- 2017: Revenue of $297K, expenses of $239K, and assets of $201K (revenue +19.7% year-over-year).
- 2016: Revenue of $248K, expenses of $193K, and assets of $143K (revenue +33.2% year-over-year).
- 2015: Revenue of $187K, expenses of $165K, and assets of $87K (revenue +14.8% year-over-year).
- 2014: Revenue of $162K, expenses of $179K, and assets of $66K (revenue -34.6% year-over-year).
- 2013: Revenue of $248K, expenses of $223K, and assets of $108K (revenue +30.9% year-over-year).
- 2012: Revenue of $190K, expenses of $148K, and assets of $82K (revenue +97.8% year-over-year).
- 2011: Revenue of $96K, expenses of $71K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virginia Society Of Healthcare Engineers:
Data Sources and Methodology
This transparency report for Virginia Society Of Healthcare Engineers 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.