Is Volunteers Of America Inc Legit?

Quick charity verification for Volunteers Of America Inc (EIN: 204182774)

Verdict: Volunteers Of America Inc appears trustworthy

75/100Mission Score

$301KRevenue

$2.7MAssets

2Red Flags

4Strengths

Red Flags

Consistent operating deficits (expenses exceeding revenue in all reported periods)
Gradual decline in total assets over the past decade (from $3.58M to $2.77M)

Strengths

Strong asset base relative to annual expenses ($2.77M assets vs. $0.35M expenses in 202406)
Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs
Low liabilities across all periods, suggesting good financial management of debt
Consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance

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

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: 204182774) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 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: $301K. Assets: $2.7M. 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 204182774. 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 204182774 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 (EIN: 204182774) appears to be a financially stable organization, consistently maintaining significant assets relative to its annual revenue and expenses. For instance, in the latest 202406 filing, assets stood at $2,771,884 against revenues of $277,441 and expenses of $351,238. However, the organization has consistently operated at a deficit, with expenses exceeding revenue in every reported period. For example, in 202406, expenses were $351,238 while revenue was $277,441, indicating a shortfall of $73,797. This trend of spending more than it earns annually, while not immediately critical due to substantial assets, warrants close monitoring to ensure long-term sustainability.

The organization's transparency is commendable regarding executive compensation, as all filings indicate 0% officer compensation. This suggests that leadership is either unpaid or compensated through other means not classified as officer compensation on the 990, which is a positive indicator for donor confidence. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and public disclosure. While specific program spending ratios are not provided in the raw data, the absence of officer compensation is a strong positive for efficiency.

Despite the consistent operating deficits, the organization's asset base has remained robust, though it has seen a gradual decline from $3,582,126 in 201506 to $2,771,884 in 202406. This decline is likely a consequence of the ongoing deficits being covered by existing reserves. The relatively low liabilities across all periods, such as $40,308 in 202406, further indicate a healthy balance sheet. Overall, while the consistent operating deficit is a concern, the strong asset base and transparent compensation practices suggest a well-managed organization, albeit one that needs to address its revenue-to-expense ratio for future sustainability.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.