Is Vermont Association Of Area Agencies On Aging Inc Legit?
Quick charity verification for Vermont Association Of Area Agencies On Aging Inc (EIN: 208854842)
Verdict: Vermont Association Of Area Agencies On Aging Inc appears trustworthy
92/100Mission Score
$0Revenue
$392KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation across all filings, indicating highly efficient use of funds for mission.
Healthy asset-to-liability ratio (approx. 2:1 in 2023), demonstrating financial stability.
Consistent operation near break-even, showing responsible financial management.
Steady growth in assets over the past decade, from $164,762 in 2014 to $391,613 in 2023.
Spending Breakdown
How Vermont Association Of Area Agencies On Aging Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Vermont Association Of Area Agencies On Aging Inc
Is Vermont Association Of Area Agencies On Aging Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vermont Association Of Area Agencies On Aging Inc (EIN: 208854842) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
Is Vermont Association Of Area Agencies On Aging Inc a good charity to donate to?
Vermont Association Of Area Agencies On Aging Inc has a Mission Score of 92/100. Revenue: $0. Assets: $392K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Vermont Association Of Area Agencies On Aging Inc?
The Employer Identification Number (EIN) for Vermont Association Of Area Agencies On Aging Inc is 208854842. 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 Vermont Association Of Area Agencies On Aging Inc spend its money?
Vermont Association Of Area Agencies On Aging Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Vermont Association Of Area Agencies On Aging Inc's tax-exempt status?
You can verify Vermont Association Of Area Agencies On Aging Inc's tax-exempt status using EIN 208854842 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 Vermont Association Of Area Agencies On Aging Inc (V4A) demonstrates consistent financial activity, with revenues and expenses generally in the range of $550,000 to $890,000 over the past decade. In the latest filing (202309), the organization reported revenues of $651,355 against expenses of $659,256, indicating a slight operational deficit for the period. This trend of near break-even or slight deficits/surpluses is common, suggesting careful management of resources relative to incoming funds.
The organization's assets have shown growth, reaching $391,613 in 2023 from $164,762 in 2014, while liabilities have also increased, standing at $192,284 in 2023. The ratio of assets to liabilities (approximately 2:1 in 2023) indicates a healthy financial position, capable of covering its short-term obligations. A notable aspect of V4A's financial structure is the consistent reporting of 0% officer compensation across all available filings, which speaks to a high degree of transparency and potentially a volunteer-driven or very lean executive structure.
Overall, V4A appears to be a financially stable organization, operating within its means. The absence of officer compensation is a significant positive indicator for transparency and efficient use of funds. While there are minor fluctuations in annual operating results, the long-term trend shows responsible stewardship of assets and a commitment to its mission without excessive overhead.