Is Village Academies Inc Legit?

Quick charity verification for Village Academies Inc (EIN: 134186070)

Verdict: Village Academies Inc appears trustworthy

75/100Mission Score

$17.5MRevenue

$53.8MAssets

2Red Flags

3Strengths

Red Flags

Consistent operating deficits in recent fiscal years (e.g., 202306, 202206)
Significant fluctuation in annual revenue, making financial planning potentially challenging (e.g., $10.3M in 202106 vs. $4.6M in 202206)

Strengths

Strong asset base, consistently above $50 million, providing financial stability.
No reported officer compensation, indicating potential for lower administrative overhead or volunteer leadership.
Decreasing trend in liabilities from $20.3M in 201506 to $12.7M in 202306.

Spending Breakdown

How Village Academies Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Village Academies Inc

Is Village Academies Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Village Academies Inc (EIN: 134186070) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Village Academies Inc a good charity to donate to?

Village Academies Inc has a Mission Score of 75/100. Revenue: $17.5M. Assets: $53.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Village Academies Inc?

The Employer Identification Number (EIN) for Village Academies Inc is 134186070. 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 Village Academies Inc spend its money?

Village Academies Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Village Academies Inc's tax-exempt status?

You can verify Village Academies Inc's tax-exempt status using EIN 134186070 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

Village Academies Inc. exhibits a fluctuating financial performance over the past decade. While the organization reported $17,466,935 in latest revenue and holds substantial assets of $53,780,065, its recent filings show a trend of expenses exceeding revenue. For instance, in fiscal year 202306, expenses were $9,882,348 against revenues of $7,083,616, and similarly in 202206, expenses of $5,531,948 surpassed revenues of $4,658,848. This consistent deficit spending, particularly in the last two reported periods, warrants closer examination to understand its sustainability and impact on long-term financial health.

The organization's transparency regarding executive compensation is notable, with 0% reported for officer compensation across all available filings. This indicates either a volunteer leadership structure or that compensation is reported under other categories, which would require further clarification for complete transparency. The NTEE code B99 suggests a focus on elementary and secondary education, and understanding the allocation of its significant assets and expenses towards these programmatic goals is crucial for assessing its impact and efficiency.

Despite the recent deficits, the organization maintains a strong asset base, with assets consistently above $50 million. However, liabilities have also been significant, though showing a decreasing trend from a high of $20,313,577 in 201506 to $12,719,805 in 202306. The ability to manage these liabilities while addressing the revenue-expense gap will be key to its future financial stability and operational effectiveness.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.