Quick charity verification for The V Foundation (EIN: 133705951)
Verdict: The V Foundation appears trustworthy
95/100Mission Score
$74.6MRevenue
$145.9MAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the 202309 filing period ($50,407,793 vs. $47,813,363), indicating a temporary operating deficit.
Strengths
Consistent 0% officer compensation across all filings, demonstrating exceptional financial stewardship.
Strong program spending ratio, indicating a high percentage of funds directly support the mission.
Significant growth in assets from $55,466,949 in 201409 to $145,853,123 currently, reflecting long-term financial stability.
Clear alignment between NTEE code (Medical Research) and reported activities, enhancing transparency.
Spending Breakdown
How The V Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 The V Foundation
Is The V Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The V Foundation (EIN: 133705951) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
Is The V Foundation a good charity to donate to?
The V Foundation has a Mission Score of 95/100. Revenue: $74.6M. Assets: $145.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The V Foundation?
The Employer Identification Number (EIN) for The V Foundation is 133705951. 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 The V Foundation spend its money?
The V Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The V Foundation's tax-exempt status?
You can verify The V Foundation's tax-exempt status using EIN 133705951 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
The V Foundation demonstrates strong financial health and a clear commitment to its program services, primarily cancer research. Over the past decade, the organization has shown consistent growth in revenue and assets, with the latest reported assets at $145,853,123. While the 202309 period showed expenses ($50,407,793) exceeding revenue ($47,813,363), this appears to be an anomaly in an otherwise positive trend of revenue growth and asset accumulation. The foundation's NTEE code H12 (Medical Research) aligns well with its reported activities.
The organization exhibits excellent spending efficiency, with a significant majority of its expenditures directed towards program services. This is a hallmark of a well-managed nonprofit focused on its mission. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice significantly enhances donor confidence and reflects a highly ethical approach to financial management.
Overall, The V Foundation appears to be a financially robust and transparent organization, effectively utilizing its resources to advance its mission. The growth in assets and the consistent dedication of funds to program services, coupled with zero officer compensation, paint a picture of a highly responsible and impactful charity.