Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided summary data makes efficiency assessment difficult.
Consistent 0% officer compensation is unusual for an organization of this size and could warrant further investigation into leadership structure and compensation practices.
Strengths
Consistent revenue growth over the past decade, from $291,739 in 2014 to $736,448 in 2023.
Steady accumulation of assets, demonstrating financial health and capacity building.
Regular IRS 990 filings indicate good compliance and transparency.
Generally positive net income (revenue exceeding expenses) in most recent periods, contributing to asset growth.
Spending Breakdown
How Vinokan Residence Corporation 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 Vinokan Residence Corporation
Is Vinokan Residence Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Vinokan Residence Corporation (EIN: 204864678) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
Is Vinokan Residence Corporation a good charity to donate to?
Vinokan Residence Corporation has a Mission Score of 80/100. Revenue: $967K. Assets: $833K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Vinokan Residence Corporation?
The Employer Identification Number (EIN) for Vinokan Residence Corporation is 204864678. 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 Vinokan Residence Corporation spend its money?
Vinokan Residence Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Vinokan Residence Corporation's tax-exempt status?
You can verify Vinokan Residence Corporation's tax-exempt status using EIN 204864678 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
Vinokan Residence Corporation demonstrates consistent operational activity, with revenues generally exceeding expenses in recent years, contributing to a steady growth in assets. For instance, in 2022, revenue was $746,089 against expenses of $673,862, leading to an increase in assets to $660,077. The organization's financial health appears stable, with a positive trend in net assets over the past decade, growing from $39,301 in 2014 to $645,656 in 2023. This indicates effective management of resources and a capacity to build reserves.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent growth in assets suggests that the organization is not overspending relative to its income. The absence of reported officer compensation across all filings is a notable point regarding resource allocation, implying that leadership may be volunteer-based or compensated through other means not categorized as officer compensation.
Transparency, based on the provided data, is reasonable given the consistent filing of IRS Form 990s. The lack of reported officer compensation, while potentially positive for resource allocation, could also raise questions about how leadership is structured and compensated, which would require deeper scrutiny of the full 990 forms. Overall, the organization appears to be financially sound and growing, with a clear history of compliance through its regular filings.