Strong asset base relative to annual revenue ($3,762,569 assets vs. $659,787 revenue in 202406)
Low liabilities relative to assets (e.g., $174,819 liabilities vs. $3,762,569 assets in 202406)
Spending Breakdown
How Volunteers 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 Volunteers Of America Inc
Is Volunteers Of America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Volunteers Of America Inc (EIN: 10477749) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 2 strengths noted.
Is Volunteers Of America Inc a good charity to donate to?
Volunteers Of America Inc has a Mission Score of 70/100. Revenue: $678K. Assets: $3.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Volunteers Of America Inc?
The Employer Identification Number (EIN) for Volunteers Of America Inc is 10477749. 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 Volunteers Of America Inc spend its money?
Volunteers 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 Volunteers Of America Inc's tax-exempt status?
You can verify Volunteers Of America Inc's tax-exempt status using EIN 10477749 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
Volunteers Of America Inc appears to be a financially stable organization, consistently maintaining significant assets relative to its annual revenue. For instance, in the 202406 period, assets stood at $3,762,569 against revenues of $659,787. However, the organization has consistently reported expenses exceeding revenue across all available periods, indicating an operational deficit. In 202406, expenses were $750,720 while revenue was $659,787, resulting in a deficit of $90,933. This trend suggests the organization is drawing down on its reserves or relying on non-operating income not captured in the 'Revenue' figure to cover its costs.
The consistent reporting of 0% officer compensation across all filings is a notable aspect of its financial management, suggesting either a volunteer-led executive team or that executive compensation is reported under other expense categories, which would impact transparency regarding leadership costs. The organization's liabilities are relatively low compared to its assets, indicating a healthy balance sheet. For example, in 202406, liabilities were $174,819 against assets of $3,762,569, representing a very small proportion of total assets. This low liability ratio contributes positively to its overall financial health, despite the recurring operational deficits.