Is Veterans Education & Research Assoc Of Northern New England Inc Legit?
Quick charity verification for Veterans Education & Research Assoc Of Northern New England Inc (EIN: 223091219)
Verdict: Veterans Education & Research Assoc Of Northern New England Inc appears trustworthy
85/100Mission Score
$3.3MRevenue
$2.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth over the past seven years, from $1,381,138 in 2016 to $3,426,659 in 2023, indicates strong financial health and increasing impact.
High percentage of spending on programs (89%) demonstrates a strong commitment to its mission.
Low administrative and fundraising costs (6% and 5% respectively) suggest efficient operations and effective resource allocation.
Assets consistently exceed liabilities, indicating a healthy balance sheet and financial stability.
No reported lobbying expenses, reinforcing a direct service-oriented mission.
Spending Breakdown
How Veterans Education & Research Assoc Of Northern New England Inc allocates its funds across programs, administration, and fundraising.
89%
Program Spending
Healthy — majority goes to mission
6%
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 Veterans Education & Research Assoc Of Northern New England Inc
Is Veterans Education & Research Assoc Of Northern New England Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Veterans Education & Research Assoc Of Northern New England Inc (EIN: 223091219) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Veterans Education & Research Assoc Of Northern New England Inc a good charity to donate to?
Veterans Education & Research Assoc Of Northern New England Inc has a Mission Score of 85/100. Revenue: $3.3M. Assets: $2.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Veterans Education & Research Assoc Of Northern New England Inc?
The Employer Identification Number (EIN) for Veterans Education & Research Assoc Of Northern New England Inc is 223091219. 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 Veterans Education & Research Assoc Of Northern New England Inc spend its money?
Veterans Education & Research Assoc Of Northern New England Inc allocates 89% to programs, 6% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Veterans Education & Research Assoc Of Northern New England Inc's tax-exempt status?
You can verify Veterans Education & Research Assoc Of Northern New England Inc's tax-exempt status using EIN 223091219 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
Veterans Education & Research Assoc Of Northern New England Inc is a unknown nonprofit based in White Riv Jct, Vermont, with reported revenue of $3.3M and assets of $2.8M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 89% of spending goes to programs, 6% to administration, and 5% to fundraising. Executive compensation details are not explicitly provided in the summary data, preventing a specific assessment of individual salaries. However, the overall administrative expenses are a small percentage of total expenditures, suggesting efficient management. Revenue has grown +478% across 13 filing periods.