Voznesenka Community Council Inc
Voznesenka Community Council Inc shows consistent asset growth and no reported executive compensation over a decade.
EIN: 201524956 · Homer, AK · NTEE: Y22 · Updated: 2026-03-28
Is Voznesenka Community Council Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Voznesenka Community Council Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Voznesenka Community Council Inc
Voznesenka Community Council Inc (EIN: 201524956) is a nonprofit organization based in Homer, AK, classified under NTEE code Y22. The organization reported total revenue of $160K and total assets of $949K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Voznesenka Community Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Voznesenka Community Council Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $177K |
| Total Expenses | $120K |
| Surplus / Deficit | +$57K |
| Total Assets | $1.2M |
| Total Liabilities | $264K |
| Net Assets | $908K |
| Operating Margin | 32.4% |
| Debt-to-Asset Ratio | 22.5% |
| Months of Reserves | 117.6 months |
Financial Health Grade: A
In 2023, Voznesenka Community Council Inc reported a surplus of $57K with revenue exceeding expenses, holds 117.6 months of operating reserves (strong position), has a debt-to-asset ratio of 22.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Voznesenka Community Council Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.7% | +8.8% | +11.0% |
| 2022 | -32.9% | -47.7% | -11.6% |
| 2021 | +21.7% | +5.2% | +13.0% |
| 2020 | +57.6% | +145.0% | +46.6% |
| 2019 | +3.3% | -35.3% | +7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Voznesenka Community Council Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Voznesenka Community Council Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.5%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization. This suggests a volunteer-led or very lean administrative structure, which is highly favorable for directing funds to the mission.
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.
Strengths
The following positive indicators were identified for Voznesenka Community Council Inc:
- Consistent asset growth, from $386,038 in 2014 to $1,171,546 in 2023.
- No reported officer compensation across all 13 filings, indicating high efficiency.
- Positive net income in most recent years (e.g., $176,814 revenue vs. $119,529 expenses in 2023).
- Long history of IRS 990 filings (13 filings), demonstrating transparency.
- Strong program focus due to minimal administrative and fundraising overhead implied by 0% officer compensation.
Frequently Asked Questions about Voznesenka Community Council Inc
Is Voznesenka Community Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Voznesenka Community Council Inc (EIN: 201524956) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Voznesenka Community Council Inc spend its money?
Voznesenka Community Council Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Voznesenka Community Council Inc tax-deductible?
Voznesenka Community Council Inc is registered as a tax-exempt nonprofit (EIN: 201524956). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Voznesenka Community Council Inc a good charity?
Based on the available financial data, Voznesenka Community Council Inc appears to be a well-managed and efficient charity. They consistently grow their assets, maintain positive net income in most years, and report no executive compensation, which are strong indicators of a good charity.
How has the organization's financial health changed over time?
The organization's financial health has generally improved over time, with assets growing from $386,038 in 2014 to $1,171,546 in 2023. While revenues and expenses have fluctuated, the trend shows consistent asset accumulation and positive net income in most recent years.
What is the organization's approach to executive compensation?
Voznesenka Community Council Inc has consistently reported 0% for officer compensation across all 13 filings, indicating a strong commitment to minimizing administrative overhead and directing resources to its community programs.
Are there any concerns regarding the organization's liabilities?
Liabilities have fluctuated, reaching a peak of $400,200 in 2021. However, they have since decreased to $263,722 in 2023, which is a positive trend. Given the substantial asset base of over $1.1 million, the current liability level appears manageable.
Filing History
IRS 990 filing history for Voznesenka Community Council Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Voznesenka Community Council Inc's revenue has grown by 60.5%, moving from $110K to $177K. Total assets decreased by 52.7% over the same period, from $2.5M to $1.2M. Total functional expenses rose by 51.7%, from $79K to $120K. In its most recent filing year (2023), Voznesenka Community Council Inc reported a surplus of $57K, with revenue exceeding expenses. The organization holds $264K in liabilities against $1.2M in assets (debt-to-asset ratio: 22.5%), resulting in net assets of $908K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $177K | $120K | $1.2M | $264K | — | View 990 |
| 2022 | $167K | $110K | $1.1M | $204K | — | View 990 |
| 2021 | $249K | $210K | $1.2M | $400K | — | — |
| 2020 | $205K | $200K | $1.1M | $302K | — | — |
| 2019 | $130K | $82K | $720K | $0 | — | View 990 |
| 2018 | $126K | $126K | $671K | $0 | — | View 990 |
| 2017 | $106K | $162K | $671K | $0 | — | View 990 |
| 2016 | $193K | $118K | $735K | $8K | — | View 990 |
| 2015 | $466K | $181K | $668K | $16K | — | View 990 |
| 2014 | $59K | $41K | $386K | $19K | — | View 990 |
| 2013 | $194K | $156K | $2.5M | $5K | — | View 990 |
| 2012 | $2.4M | $153K | $2.4M | $6K | — | View 990 |
| 2011 | $110K | $79K | $2.5M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $177K, expenses of $120K, and assets of $1.2M (revenue +5.7% year-over-year).
- 2022: Revenue of $167K, expenses of $110K, and assets of $1.1M (revenue -32.9% year-over-year).
- 2021: Revenue of $249K, expenses of $210K, and assets of $1.2M (revenue +21.7% year-over-year).
- 2020: Revenue of $205K, expenses of $200K, and assets of $1.1M (revenue +57.6% year-over-year).
- 2019: Revenue of $130K, expenses of $82K, and assets of $720K (revenue +3.3% year-over-year).
- 2018: Revenue of $126K, expenses of $126K, and assets of $671K (revenue +18.9% year-over-year).
- 2017: Revenue of $106K, expenses of $162K, and assets of $671K (revenue -45.2% year-over-year).
- 2016: Revenue of $193K, expenses of $118K, and assets of $735K (revenue -58.6% year-over-year).
- 2015: Revenue of $466K, expenses of $181K, and assets of $668K (revenue +697.1% year-over-year).
- 2014: Revenue of $59K, expenses of $41K, and assets of $386K (revenue -69.8% year-over-year).
- 2013: Revenue of $194K, expenses of $156K, and assets of $2.5M (revenue -91.8% year-over-year).
- 2012: Revenue of $2.4M, expenses of $153K, and assets of $2.4M (revenue +2041.3% year-over-year).
- 2011: Revenue of $110K, expenses of $79K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Voznesenka Community Council Inc:
Data Sources and Methodology
This transparency report for Voznesenka Community Council 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.