Quick charity verification for V J Wilkins Foundation (EIN: 203225892)
Verdict: V J Wilkins Foundation appears trustworthy
95/100Mission Score
$3.0MRevenue
$8.4MAssets
1Red Flags
5Strengths
Red Flags
Significant revenue fluctuations, including negative revenue in some years (e.g., -$223,235 in 2022), which could indicate reliance on volatile investment income or specific large, infrequent donations.
Strengths
Zero reported officer compensation across all filings, indicating extremely high operational efficiency and direct application of funds to mission.
Strong and consistent asset base, with assets over $7.8 million in 2023, providing long-term financial stability.
Minimal liabilities ($1 reported in most recent filings), demonstrating sound financial management and low financial risk.
Consistent filing history (10 filings), indicating good transparency and compliance with IRS regulations.
How V J Wilkins Foundation allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
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 V J Wilkins Foundation
Is V J Wilkins Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, V J Wilkins Foundation (EIN: 203225892) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is V J Wilkins Foundation a good charity to donate to?
V J Wilkins Foundation has a Mission Score of 95/100. Revenue: $3.0M. Assets: $8.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for V J Wilkins Foundation?
The Employer Identification Number (EIN) for V J Wilkins Foundation is 203225892. 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 V J Wilkins Foundation spend its money?
V J Wilkins Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify V J Wilkins Foundation's tax-exempt status?
You can verify V J Wilkins Foundation's tax-exempt status using EIN 203225892 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 J Wilkins Foundation demonstrates a consistent commitment to its programmatic mission, as evidenced by its financial filings. Over the past five years, the foundation has maintained a healthy asset base, with assets consistently above $7.7 million, peaking at $8,591,892 in 2021. While revenue has fluctuated significantly, including negative revenue in 2022 and 2015, the foundation has managed its expenses, which have remained relatively stable, averaging around $540,000 annually in recent years. This stability in expenses, coupled with zero reported officer compensation across all available filings, suggests a lean operational structure and a strong focus on deploying resources towards its charitable purpose.
The foundation's spending efficiency appears high, particularly given the absence of executive compensation, which often consumes a significant portion of a nonprofit's budget. The consistent reporting of minimal liabilities ($1 across most filings) indicates sound financial management and a low-risk profile. The NTEE code T20, which typically refers to grantmaking foundations, aligns with the observed financial patterns of a foundation primarily distributing funds rather than directly operating programs. The transparency is excellent, with consistent filings and clear financial indicators.
Overall, the V J Wilkins Foundation appears to be a financially sound and efficiently managed grantmaking organization. Its consistent asset base, stable expense levels, and lack of executive compensation point to a strong dedication to its mission. The fluctuations in revenue are not uncommon for foundations relying on investment returns or large, infrequent donations, and the foundation has demonstrated its ability to manage these variations while maintaining its operational capacity.