Volusia Recovery Alliance Inc
EIN: 842207501 · Port Orange, FL · NTEE: F20
Is Volusia Recovery Alliance Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Volusia Recovery Alliance Inc
Volusia Recovery Alliance Inc (EIN: 842207501) is a nonprofit organization based in Port Orange, FL, classified under NTEE code F20. The organization reported total revenue of $1.1M and total assets of $335K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Volusia Recovery Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Volusia Recovery Alliance Inc is a mid-size nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 120.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $758K |
| Total Expenses | $662K |
| Surplus / Deficit | +$96K |
| Total Assets | $233K |
| Net Assets | $233K |
| Operating Margin | 12.7% |
| Months of Reserves | 4.2 months |
Financial Health Grade: A
In 2023, Volusia Recovery Alliance Inc reported a surplus of $96K with revenue exceeding expenses, holds 4.2 months of operating reserves (adequate).
Financial Trends
Over 4 years of filings (2020–2023), Volusia Recovery Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 120.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.8% | +14.1% | +70.1% |
| 2022 | +53.9% | +219.2% | -24.4% |
| 2021 | +390.5% | +228.7% | +1068.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Volusia Recovery Alliance 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 Volusia Recovery Alliance 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 $96K, with revenue exceeding expenses.
Frequently Asked Questions about Volusia Recovery Alliance Inc
Is Volusia Recovery Alliance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Volusia Recovery Alliance Inc (EIN: 842207501) insufficient data. 0 red flags identified, 0 strengths noted.
How does Volusia Recovery Alliance Inc spend its money?
Detailed spending breakdown data is not yet available for Volusia Recovery Alliance Inc. Check back for updated IRS 990 analysis.
Are donations to Volusia Recovery Alliance Inc tax-deductible?
Volusia Recovery Alliance Inc is registered as a tax-exempt nonprofit (EIN: 842207501). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Volusia Recovery Alliance Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Volusia Recovery Alliance Inc's revenue has grown by 970.3%, moving from $71K to $758K. Total assets increased by 1401.5% over the same period, from $16K to $233K. Total functional expenses rose by 1096.9%, from $55K to $662K. In its most recent filing year (2023), Volusia Recovery Alliance Inc reported a surplus of $96K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $758K | $662K | $233K | $0 | — | View 990 |
| 2022 | $534K | $580K | $137K | $0 | — | — |
| 2021 | $347K | $182K | $181K | $0 | — | View 990 |
| 2020 | $71K | $55K | $16K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $758K, expenses of $662K, and assets of $233K (revenue +41.8% year-over-year).
- 2022: Revenue of $534K, expenses of $580K, and assets of $137K (revenue +53.9% year-over-year).
- 2021: Revenue of $347K, expenses of $182K, and assets of $181K (revenue +390.5% year-over-year).
- 2020: Revenue of $71K, expenses of $55K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Volusia Recovery Alliance Inc:
Data Sources and Methodology
This transparency report for Volusia Recovery Alliance 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.