Quick charity verification for Victory Ridge Academy Inc (EIN: 204976804)
Verdict: Victory Ridge Academy Inc appears trustworthy
85/100Mission Score
$14.3MRevenue
$17.2MAssets
2Red Flags
4Strengths
Red Flags
High and growing liabilities relative to assets ($13,909,442 liabilities vs $16,307,117 assets in 2023).
Consistent 0% officer compensation reported, which may obscure actual leadership costs or indicate an unusual operational model for an organization of this size.
Strengths
Strong program spending ratio (85% of expenses in 2023).
Consistent and significant revenue growth over the past decade, indicating increasing support and impact.
Positive net assets maintained in recent years, despite growing liabilities.
Efficient use of funds with a low fundraising expense ratio (estimated 5%).
Spending Breakdown
How Victory Ridge Academy 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 Victory Ridge Academy Inc
Is Victory Ridge Academy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Victory Ridge Academy Inc (EIN: 204976804) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Victory Ridge Academy Inc a good charity to donate to?
Victory Ridge Academy Inc has a Mission Score of 85/100. Revenue: $14.3M. Assets: $17.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Victory Ridge Academy Inc?
The Employer Identification Number (EIN) for Victory Ridge Academy Inc is 204976804. 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 Victory Ridge Academy Inc spend its money?
Victory Ridge Academy Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Victory Ridge Academy Inc's tax-exempt status?
You can verify Victory Ridge Academy Inc's tax-exempt status using EIN 204976804 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
Victory Ridge Academy Inc demonstrates strong financial growth and a commendable commitment to program spending. Over the past five years, revenue has consistently increased, from $6,340,028 in 2019 to $11,505,825 in 2023, indicating growing support and operational capacity. The organization consistently spends a high percentage of its expenses on programs, with 85% allocated to program services in the latest filing period (202306), which is a positive indicator of efficiency.
However, the organization's liabilities have also grown significantly, reaching $13,909,442 in 2023, which is substantial compared to its assets of $16,307,117. While the organization has maintained positive net assets in recent years, the high liability-to-asset ratio warrants close monitoring. The consistent reporting of 0% officer compensation across all filings suggests either a volunteer-led executive team or that compensation is reported under different categories, which could impact transparency regarding leadership costs if not further clarified. Overall, the organization appears financially healthy with strong program focus, but the growth in liabilities should be observed.