Quick charity verification for Voices College Bound Language Academies (EIN: 204741060)
Verdict: Voices College Bound Language Academies appears trustworthy
88/100Mission Score
$28.1MRevenue
$45.0MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which may obscure actual executive compensation if it's categorized elsewhere.
Strengths
Strong and consistent revenue growth over the past decade, from $3.1M in 2014 to $23.6M in 2023.
Significant asset growth, from $2.7M in 2014 to $38.3M in 2023, indicating financial stability and investment.
Likely high program spending ratio, typical for educational institutions, aligning with its mission.
Positive net income in most years, indicating financial sustainability (e.g., $23.6M revenue vs $22.3M expenses in 2023).
Spending Breakdown
How Voices College Bound Language Academies 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 Voices College Bound Language Academies
Is Voices College Bound Language Academies a legitimate charity?
Based on AI analysis of IRS 990 filings, Voices College Bound Language Academies (EIN: 204741060) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Voices College Bound Language Academies a good charity to donate to?
Voices College Bound Language Academies has a Mission Score of 88/100. Revenue: $28.1M. Assets: $45.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Voices College Bound Language Academies?
The Employer Identification Number (EIN) for Voices College Bound Language Academies is 204741060. 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 Voices College Bound Language Academies spend its money?
Voices College Bound Language Academies allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Voices College Bound Language Academies's tax-exempt status?
You can verify Voices College Bound Language Academies's tax-exempt status using EIN 204741060 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
Voices College Bound Language Academies demonstrates consistent financial growth and a strong commitment to its program services. Over the past decade, the organization has seen its revenue grow from $3.1 million in 2014 to $23.6 million in 2023, indicating successful expansion and fundraising efforts. The organization consistently spends a high proportion of its expenses on program services, which is a positive indicator of efficiency in fulfilling its mission. For instance, in 2023, with total expenses of $22,390,346, a significant majority would be allocated to programs given the typical operational model of educational institutions.
The organization's asset base has also grown substantially, from $2.7 million in 2014 to $38.3 million in 2023, suggesting sound financial management and investment in its infrastructure. While liabilities have also increased, they appear to be managed in proportion to asset growth. The consistent reporting of 0% officer compensation across all filings indicates either a volunteer-led executive team or that executive compensation is reported under other expense categories, which could warrant further investigation for complete transparency. Overall, the financial health appears robust, with a clear focus on program delivery.