Woodside Village Vi Inc
EIN: 550814822 · Vineyard Haven, MA · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $230K |
| Total Expenses | $194K |
| Net Assets | $535K |
Is Woodside Village Vi Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Woodside Village Vi Inc
Woodside Village Vi Inc (EIN: 550814822) is a nonprofit organization based in Vineyard Haven, MA, classified under NTEE code L22. The organization reported total revenue of $230K and total assets of $942K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woodside Village Vi Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Woodside Village Vi Inc is a small nonprofit that has been operating for 23 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $166K |
| Total Expenses | $194K |
| Surplus / Deficit | $-27,983 |
| Total Assets | $925K |
| Total Liabilities | $390K |
| Net Assets | $535K |
| Operating Margin | -16.8% |
| Debt-to-Asset Ratio | 42.2% |
| Months of Reserves | 57.2 months |
Financial Health Grade: B
In 2023, Woodside Village Vi Inc reported a deficit of $28K with expenses exceeding revenue, holds 57.2 months of operating reserves (strong position), has a debt-to-asset ratio of 42.2% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Woodside Village Vi Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.4% | -2.0% | -2.9% |
| 2022 | -6.2% | +12.5% | -5.4% |
| 2021 | +14.5% | +8.1% | -4.0% |
| 2020 | +1.9% | +6.9% | -1.7% |
| 2019 | +5.2% | +3.1% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Woodside Village Vi 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 Woodside Village Vi 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 deficit of $28K, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.2%.
Frequently Asked Questions about Woodside Village Vi Inc
Is Woodside Village Vi Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Woodside Village Vi Inc (EIN: 550814822) insufficient data. 0 red flags identified, 0 strengths noted.
How does Woodside Village Vi Inc spend its money?
Detailed spending breakdown data is not yet available for Woodside Village Vi Inc. Check back for updated IRS 990 analysis.
Are donations to Woodside Village Vi Inc tax-deductible?
Woodside Village Vi Inc is registered as a tax-exempt nonprofit (EIN: 550814822). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Woodside Village Vi Inc located?
Woodside Village Vi Inc is headquartered in Vineyard Haven, Massachusetts and files with the IRS under EIN 550814822. It is classified under NTEE code L22.
How many years of IRS 990 filings does Woodside Village Vi Inc have?
Woodside Village Vi Inc has 12 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 $230K in total revenue.
Filing History
IRS 990 filing history for Woodside Village Vi Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Woodside Village Vi Inc's revenue has grown by 61.4%, moving from $103K to $166K. Total assets decreased by 28.8% over the same period, from $1.3M to $925K. Total functional expenses rose by 64.2%, from $118K to $194K. In its most recent filing year (2023), Woodside Village Vi Inc reported a deficit of $28K, with expenses exceeding revenue. The organization holds $390K in liabilities against $925K in assets (debt-to-asset ratio: 42.2%), resulting in net assets of $535K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $166K | $194K | $925K | $390K | — | View 990 |
| 2022 | $140K | $198K | $952K | $390K | — | View 990 |
| 2021 | $150K | $176K | $1.0M | $387K | — | — |
| 2020 | $131K | $163K | $1.0M | $403K | — | View 990 |
| 2019 | $128K | $152K | $1.1M | $389K | — | View 990 |
| 2018 | $122K | $148K | $1.1M | $392K | — | View 990 |
| 2017 | $109K | $146K | $1.1M | $385K | — | View 990 |
| 2016 | $108K | $179K | $1.2M | $386K | — | View 990 |
| 2015 | $105K | $135K | $1.2M | $394K | — | View 990 |
| 2014 | $102K | $124K | $1.3M | $386K | — | View 990 |
| 2013 | $102K | $130K | $1.3M | $385K | — | View 990 |
| 2012 | $103K | $118K | $1.3M | $384K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $166K, expenses of $194K, and assets of $925K (revenue +18.4% year-over-year).
- 2022: Revenue of $140K, expenses of $198K, and assets of $952K (revenue -6.2% year-over-year).
- 2021: Revenue of $150K, expenses of $176K, and assets of $1.0M (revenue +14.5% year-over-year).
- 2020: Revenue of $131K, expenses of $163K, and assets of $1.0M (revenue +1.9% year-over-year).
- 2019: Revenue of $128K, expenses of $152K, and assets of $1.1M (revenue +5.2% year-over-year).
- 2018: Revenue of $122K, expenses of $148K, and assets of $1.1M (revenue +11.7% year-over-year).
- 2017: Revenue of $109K, expenses of $146K, and assets of $1.1M (revenue +0.7% year-over-year).
- 2016: Revenue of $108K, expenses of $179K, and assets of $1.2M (revenue +2.8% year-over-year).
- 2015: Revenue of $105K, expenses of $135K, and assets of $1.2M (revenue +3.1% year-over-year).
- 2014: Revenue of $102K, expenses of $124K, and assets of $1.3M (revenue +0.6% year-over-year).
- 2013: Revenue of $102K, expenses of $130K, and assets of $1.3M (revenue -1.3% year-over-year).
- 2012: Revenue of $103K, expenses of $118K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Woodside Village Vi Inc:
Data Sources and Methodology
This transparency report for Woodside Village Vi 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.