Declining asset base over the long term (e.g., $686,900 in 201506 down to $557,346 in 202406).
Strengths
Zero officer compensation reported across all filing periods, indicating a strong commitment to directing funds to the mission.
Consistent filing of IRS Form 990s, demonstrating transparency.
Stable revenue generation, albeit often insufficient to cover expenses.
Spending Breakdown
How Volunteers Of America 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
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 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: 10744492) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Volunteers Of America Inc a good charity to donate to?
Volunteers Of America Inc has a Mission Score of 65/100. Revenue: $83K. Assets: $567K. 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 10744492. 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, 15% to administration, and 5% 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 10744492 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, based in Brunswick, ME, appears to be a small organization with consistent revenue and expenses over the past decade. The organization has generally operated at a deficit, with expenses frequently exceeding revenue, as seen in the 202406 period where expenses were $82,374 against revenues of $69,783. This trend of spending more than it earns is a significant concern for long-term financial stability. While the organization's assets have remained relatively stable, hovering around the mid-$500,000s in recent years, the consistent operating deficits suggest reliance on existing assets or other funding sources not immediately apparent from the provided data.
The organization's transparency is bolstered by the consistent filing of IRS Form 990s, with 13 filings available. A notable positive is the reported 0% officer compensation across all provided periods, indicating that executive leadership is not drawing a salary from the organization, which can be a strong indicator of volunteer-driven leadership and a commitment to directing funds towards programs. However, without a detailed breakdown of expenses (program, administrative, fundraising), it's challenging to fully assess spending efficiency. The consistent deficits, despite no officer compensation, warrant further investigation into the nature of their expenses.
Overall, while the lack of executive compensation is a strength, the persistent operating deficits raise questions about the sustainability of its financial model. The organization's assets provide some buffer, but continued spending beyond revenue could erode this over time. A deeper dive into the specific allocation of their expenses would be necessary to fully understand their operational efficiency and program impact.