Quick charity verification for Volunteers Of America Inc (EIN: 201370802)
Verdict: Volunteers Of America Inc appears trustworthy
75/100Mission Score
$166KRevenue
$1.4MAssets
2Red Flags
3Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue) across all reported periods, e.g., $55,493 deficit in 202406.
Declining asset base over the past decade, from $1,830,174 in 2015 to $1,470,078 in 2024, suggesting reliance on reserves to cover deficits.
Strengths
Strong financial solvency with assets significantly exceeding liabilities (e.g., $1,470,078 assets vs. $61,231 liabilities in 202406).
Zero reported officer compensation across all filings, indicating efficient use of funds and strong transparency.
Low and stable liabilities, demonstrating good financial management of debt.
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: 201370802) appears trustworthy. Mission Score: 75/100. 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 75/100. Revenue: $166K. Assets: $1.4M. 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 201370802. 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 201370802 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 Mobile, AL, appears to be a financially stable organization, though it has consistently operated at a deficit over the past decade. For instance, in the 202406 period, the organization reported revenues of $164,406 against expenses of $219,899, resulting in a deficit of $55,493. This trend of expenses exceeding revenue is consistent across all provided filings, indicating a reliance on existing assets or other funding mechanisms not immediately apparent from the revenue figures alone. Despite these operational deficits, the organization maintains a healthy asset base, with assets of $1,470,078 in the latest filing, significantly exceeding its liabilities of $61,231. This strong asset-to-liability ratio suggests good financial solvency.
The organization demonstrates strong transparency regarding executive compensation, reporting 0% officer compensation across all available filings. This indicates that no compensation was paid to officers, directors, trustees, or key employees, which is a positive sign for donor confidence and efficient use of funds. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The consistent operational deficits, while not immediately alarming due to strong assets, warrant closer examination to understand their long-term sustainability and funding strategy.