Volunteer Residences-one Inc is a 501(c)(3) organization based in Morristown, Tennessee, registered in 1992, with $187,348 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$187K
▲ 7.4% vs prior year
Housing median: $408K
Expenses (FY2024)
$255K
Net assets
-$1.0M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Volunteer Residences-one Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Volunteer Residences-one Inc: 0 mo reserves · -36% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Volunteer Residences-one Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Volunteer Residences-one Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $135K (FY2013) to $187K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-35.9%
Spent more than it raised in the latest fiscal year.
Total assets
$526K
Total liabilities
$1.6M
Net assets
-$1.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $187,348▲7.4% | $254,652▲16.0% | -$1,029,646▼7.0% | $525,601▼5.3% | 990 |
| 2023 | $174,455▲5.9% | $219,617▲0.8% | -$962,341▼4.9% | $554,928▼1.5% | 990 |
| 2022 | $164,706▲10.3% | $217,897▲21.5% | -$917,180▼6.2% | $563,399▼4.8% | 990 |
| 2021 | $149,274▼19.2% | $179,375▼12.0% | -$863,989▼3.6% | $592,088▼6.7% | 990 |
| 2020 | $184,703▲16.8% | $203,901▼7.6% | -$833,888▼2.4% | $634,315▲3.3% | 990 |
| 2019 | $158,201▲9.9% | $220,563▲22.4% | -$814,690▼8.3% | $613,835▼5.6% | 990 |
| 2018 | $144,006▼2.8% | $180,238▲0.8% | -$752,328▼5.1% | $650,277▼8.8% | 990 |
| 2017 | $148,209▲3.9% | $178,777▲4.1% | -$716,096▼4.5% | $712,771 | 990 |
| 2016 | $142,588▼6.3% | $171,812▼2.7% | -$685,528▼4.5% | $712,514▼3.9% | 990 |
| 2015 | $152,117▲15.2% | $176,561▲9.5% | -$656,305▼3.9% | $741,521▼4.3% | 990 |
| 2014 | $132,098▼1.9% | $161,287▼5.0% | -$631,861▼4.8% | $775,184▼3.5% | 990 |
| 2013 | $134,647 | $169,759▲5.9% | -$602,672▼6.2% | $803,573▼4.1% | 990 |
| 2012 | — | $160,244▲1.0% | -$567,560▼4.8% | $838,089▼3.4% | 990 |
| 2011 | — | $158,696▲1.9% | -$541,384▼7.0% | $867,944▼4.3% | 990 |
| 2010 | — | $155,683 | -$505,967 | $907,304 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Volunteer Residences-one Inc (EIN 58-1995069) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.