Quick charity verification for Nevada Veterans Assistance League Inc (EIN: 200885008)
Verdict: Nevada Veterans Assistance League Inc appears trustworthy
75/100Mission Score
$61KRevenue
$418KAssets
2Red Flags
4Strengths
Red Flags
Significant deficit in the latest fiscal year (202312) where expenses ($36,671) exceeded revenue ($15,257).
Unexplained high liabilities ($381,235) in 2021 that matched total assets, though liabilities returned to $0 in 2023.
Strengths
Consistent asset growth over the past decade, from $116,224 in 2012 to $400,538 in 2023.
0% officer compensation reported across all filings, indicating volunteer executive leadership and low administrative overhead.
Consistent filing of IRS Form 990s, demonstrating transparency and regulatory compliance.
Positive net revenue in most years, contributing to asset accumulation.
Spending Breakdown
How Nevada Veterans Assistance League Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Nevada Veterans Assistance League Inc
Is Nevada Veterans Assistance League Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nevada Veterans Assistance League Inc (EIN: 200885008) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Nevada Veterans Assistance League Inc a good charity to donate to?
Nevada Veterans Assistance League Inc has a Mission Score of 75/100. Revenue: $61K. Assets: $418K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nevada Veterans Assistance League Inc?
The Employer Identification Number (EIN) for Nevada Veterans Assistance League Inc is 200885008. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Nevada Veterans Assistance League Inc spend its money?
Nevada Veterans Assistance League Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nevada Veterans Assistance League Inc's tax-exempt status?
You can verify Nevada Veterans Assistance League Inc's tax-exempt status using EIN 200885008 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Nevada Veterans Assistance League Inc. demonstrates a generally stable financial position with consistent asset growth over the past decade, increasing from $116,224 in 2012 to $400,538 in 2023. However, the organization experienced a significant deficit in the latest reported period (202312), with expenses of $36,671 exceeding revenue of $15,257. This marks a departure from previous years where revenue often outpaced expenses, contributing to asset accumulation. The organization's financial health appears to be in a transitional phase, requiring close monitoring of its revenue generation and expense management.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent absence of officer compensation reported across all filings suggests a lean operational structure at the executive level. The substantial increase in liabilities to $381,235 in 2021, matching assets, is a notable anomaly that warrants further investigation, though liabilities returned to $0 in 2023.
Transparency regarding executive compensation is excellent, with 0% reported for officers across all available filings. The consistent filing of IRS Form 990s over an extended period also indicates a commitment to regulatory compliance. However, the lack of detailed expense categories in the provided data limits a comprehensive assessment of how efficiently funds are allocated to programs versus overhead.