Is Veterans Of Foreign Wars Of The Us Department Of Nj Legit?
Quick charity verification for Veterans Of Foreign Wars Of The Us Department Of Nj (EIN: 210586655)
Verdict: Veterans Of Foreign Wars Of The Us Department Of Nj appears trustworthy
80/100Mission Score
$885KRevenue
$2.2MAssets
2Red Flags
3Strengths
Red Flags
Expenses consistently exceeding revenue in recent periods (e.g., 202306, 202206)
Lack of detailed program spending breakdown in provided data
Strengths
Consistent 0% officer compensation, indicating strong financial stewardship at the executive level
Stable asset base over the past decade, providing financial resilience
Long history of IRS 990 filings (12 filings), suggesting transparency and compliance
Spending Breakdown
How Veterans Of Foreign Wars Of The Us Department Of Nj 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 Veterans Of Foreign Wars Of The Us Department Of Nj
Is Veterans Of Foreign Wars Of The Us Department Of Nj a legitimate charity?
Based on AI analysis of IRS 990 filings, Veterans Of Foreign Wars Of The Us Department Of Nj (EIN: 210586655) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
Is Veterans Of Foreign Wars Of The Us Department Of Nj a good charity to donate to?
Veterans Of Foreign Wars Of The Us Department Of Nj has a Mission Score of 80/100. Revenue: $885K. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Veterans Of Foreign Wars Of The Us Department Of Nj?
The Employer Identification Number (EIN) for Veterans Of Foreign Wars Of The Us Department Of Nj is 210586655. 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 Of Foreign Wars Of The Us Department Of Nj spend its money?
Veterans Of Foreign Wars Of The Us Department Of Nj allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Veterans Of Foreign Wars Of The Us Department Of Nj's tax-exempt status?
You can verify Veterans Of Foreign Wars Of The Us Department Of Nj's tax-exempt status using EIN 210586655 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 Of Foreign Wars Of The Us Department Of Nj demonstrates consistent financial activity, with revenues generally ranging between $700,000 and $1.1 million over the past decade. The organization's assets have remained relatively stable, hovering around $1.6 million to $1.9 million, indicating a solid financial base. However, recent filings show a trend of expenses exceeding revenue, particularly in 202306 ($970,866 expenses vs. $765,200 revenue) and 202206 ($866,565 expenses vs. $746,968 revenue), which could lead to a depletion of reserves if not addressed. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. While specific program spending details are not provided in the summary data, the absence of officer compensation suggests a lean operational structure at the top.