Quick charity verification for Vietnam Veterans Of America Inc (EIN: 132929110)
Verdict: Vietnam Veterans Of America Inc appears trustworthy
85/100Mission Score
$17.5MRevenue
$19.2MAssets
2Red Flags
4Strengths
Red Flags
Expenses exceeded revenue by over $1.4 million in the latest fiscal period (202402), indicating a potential operational deficit.
The consistent 0% officer compensation is highly unusual for an organization of this scale and could warrant further investigation into how leadership is compensated or if there are related entities involved.
Strengths
Consistent asset growth over the past decade, reaching $22.1 million in the latest filing, indicating financial stability.
Strong commitment to transparency regarding executive compensation, with 0% reported officer compensation across all filings.
Maintained substantial net assets, demonstrating a healthy financial foundation despite revenue and expense fluctuations.
Long history of IRS 990 filings (12 filings), suggesting consistent compliance and operational longevity.
Spending Breakdown
How Vietnam Veterans Of America Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Vietnam Veterans Of America Inc
Is Vietnam Veterans Of America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vietnam Veterans Of America Inc (EIN: 132929110) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Vietnam Veterans Of America Inc a good charity to donate to?
Vietnam Veterans Of America Inc has a Mission Score of 85/100. Revenue: $17.5M. Assets: $19.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Vietnam Veterans Of America Inc?
The Employer Identification Number (EIN) for Vietnam Veterans Of America Inc is 132929110. 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 Vietnam Veterans Of America Inc spend its money?
Vietnam Veterans Of America Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Vietnam Veterans Of America Inc's tax-exempt status?
You can verify Vietnam Veterans Of America Inc's tax-exempt status using EIN 132929110 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
Vietnam Veterans Of America Inc (VVA) demonstrates consistent financial activity over the past decade, with annual revenues generally fluctuating between $8.7 million and $11.4 million, and expenses closely tracking revenue. The organization's assets have shown a steady increase, reaching $22.1 million in the latest filing (202402), indicating a healthy balance sheet. However, the latest filing shows expenses exceeding revenue by over $1.4 million ($11,677,389 in expenses vs. $10,274,842 in revenue), which warrants monitoring to ensure long-term sustainability. The consistent reporting of 0% officer compensation across all available filings is a significant positive indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries.
While the provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses, the consistent positive net assets and the absence of officer compensation suggest a potentially efficient operation. The organization's ability to maintain substantial assets ($19.1 million currently) while incurring operational expenses indicates a stable financial foundation. The slight dip in revenue in the latest period compared to previous years, coupled with increased expenses, suggests a need for careful financial management moving forward.
Overall, VVA appears to be a financially stable organization with a strong commitment to transparency regarding executive compensation. The consistent asset growth over the years, despite some fluctuations in annual revenue and expenses, points to sound financial stewardship. The key area for future observation will be the trend of expenses relative to revenue, particularly the deficit observed in the 202402 filing.