Is Verus Community Legit?

Strengths

Consistent asset growth over the past decade, from $298,412 in 201503 to $444,584 in 202403.
No reported officer compensation across all filings, indicating efficient use of funds for mission.
Expenses consistently below revenue, demonstrating sound financial management (e.g., $125,863 expenses vs. $145,234 revenue in 202403).
Long history of IRS 990 filings, indicating transparency and compliance.

Spending Breakdown

How Verus Community allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Verus Community

Is Verus Community a legitimate charity?

Based on AI analysis of IRS 990 filings, Verus Community (EIN: 202749746) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.

Is Verus Community a good charity to donate to?

Verus Community has a Mission Score of 88/100. Revenue: $145K. Assets: $479K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Verus Community?

The Employer Identification Number (EIN) for Verus Community is 202749746. 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 Verus Community spend its money?

Verus Community allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Verus Community's tax-exempt status?

You can verify Verus Community's tax-exempt status using EIN 202749746 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

Verus Community demonstrates a generally stable financial position, with assets consistently growing over the past decade, reaching $444,584 in the latest filing period (202403). While revenue has fluctuated, peaking at $229,861 in 202303 before a slight dip to $145,234 in 202403, the organization has consistently managed to keep expenses below revenue, indicating sound financial management. For instance, in 202403, expenses were $125,863 against $145,234 in revenue, resulting in a surplus.

The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings, suggesting that resources are directed towards programmatic activities rather than executive salaries. The absence of officer compensation also contributes positively to transparency, as it indicates a volunteer-led or very lean administrative structure at the top. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited. The consistent growth in assets, alongside manageable liabilities, points to a healthy long-term financial outlook.

Transparency is enhanced by the consistent filing of IRS Form 990s over many years and the clear reporting of key financial metrics. The lack of reported officer compensation is a significant positive indicator for transparency and resource allocation. To further enhance transparency, a more granular breakdown of functional expenses would be beneficial for external stakeholders to fully understand how funds are allocated across programs, administration, and fundraising efforts.

Verdict: Verus Community appears trustworthy

Red Flags