Quick charity verification for Vail Veterans Foundation Inc (EIN: 205254885)
Verdict: Vail Veterans Foundation Inc appears trustworthy
92/100Mission Score
$2.7MRevenue
$6.2MAssets
1Red Flags
5Strengths
Red Flags
Significant year-over-year revenue fluctuations, such as the drop from $6,130,638 in 2021 to $1,852,666 in 2022, could indicate reliance on large, infrequent donations or events.
Strengths
Zero reported officer compensation, indicating a strong commitment to directing funds towards the mission.
Consistent growth in assets, from $941,291 in 2014 to $5,988,747 in 2023, demonstrating financial health and sustainability.
Very low liabilities across all reported periods (e.g., $62,267 in 2023), indicating strong financial management and minimal debt.
Consistent surplus of revenue over expenses in most years, allowing for reinvestment and asset accumulation.
Regular and transparent filing of IRS Form 990s over a long period (13 filings), indicating good governance.
Spending Breakdown
How Vail Veterans Foundation Inc 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 Vail Veterans Foundation Inc
Is Vail Veterans Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vail Veterans Foundation Inc (EIN: 205254885) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Vail Veterans Foundation Inc a good charity to donate to?
Vail Veterans Foundation Inc has a Mission Score of 92/100. Revenue: $2.7M. Assets: $6.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Vail Veterans Foundation Inc?
The Employer Identification Number (EIN) for Vail Veterans Foundation Inc is 205254885. 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 Vail Veterans Foundation Inc spend its money?
Vail Veterans Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Vail Veterans Foundation Inc's tax-exempt status?
You can verify Vail Veterans Foundation Inc's tax-exempt status using EIN 205254885 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 Vail Veterans Foundation Inc. demonstrates a generally healthy financial position with consistent revenue generation and asset growth over the past decade. While revenue has fluctuated, notably a peak of $6,130,638 in 2021 followed by a decrease to $1,682,696 in 2023, the organization has consistently maintained positive net assets, reaching $5,988,747 in 2023. Their liabilities have remained very low, indicating strong financial management and minimal debt burden. The organization's commitment to transparency is evident through its consistent filing of IRS Form 990s, with no reported officer compensation, which is a positive indicator for donor confidence.
Spending efficiency appears strong, as evidenced by the consistent surplus of revenue over expenses in most years, allowing for asset accumulation. For instance, in 2023, expenses were $1,605,903 against revenues of $1,682,696, showing a lean operation. The absence of officer compensation further suggests that a significant portion of funds is directed towards the mission rather than executive salaries. This operational model, combined with a healthy asset base, positions the foundation well for long-term sustainability and program delivery.
Overall, the Vail Veterans Foundation Inc. presents as a financially sound and transparent organization. Its ability to manage fluctuating revenues while growing its asset base and keeping liabilities low, coupled with zero reported officer compensation, speaks to a well-managed and mission-focused entity. Donors can be reasonably confident in the organization's financial stewardship and its ability to effectively utilize contributions.