Quick charity verification for Vsc Foundation Inc (EIN: 202695709)
Verdict: Vsc Foundation Inc appears trustworthy
85/100Mission Score
$46KRevenue
$52KAssets
2Red Flags
3Strengths
Red Flags
Limited financial reserves due to spending nearly all revenue annually
Significant year-over-year fluctuations in revenue and expenses, indicating potential instability in funding sources
Strengths
Consistent 0% officer compensation, indicating high efficiency in executive overhead
High program spending ratio, as implied by minimal administrative and fundraising costs
Transparent financial reporting with consistent filing history
Spending Breakdown
How Vsc Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Vsc Foundation Inc
Is Vsc Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vsc Foundation Inc (EIN: 202695709) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Vsc Foundation Inc a good charity to donate to?
Vsc Foundation Inc has a Mission Score of 85/100. Revenue: $46K. Assets: $52K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Vsc Foundation Inc?
The Employer Identification Number (EIN) for Vsc Foundation Inc is 202695709. 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 Vsc Foundation Inc spend its money?
Vsc Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Vsc Foundation Inc's tax-exempt status?
You can verify Vsc Foundation Inc's tax-exempt status using EIN 202695709 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
Vsc Foundation Inc demonstrates a consistent operational pattern of spending nearly all its revenue each year, often slightly exceeding it, as seen in the 202306 period where expenses were $40,849 against $43,128 in revenue, and the 202206 period where expenses ($26,355) slightly surpassed revenue ($26,187). This indicates a lean operational model, but also suggests limited capacity for building significant reserves. The organization's assets have fluctuated, reaching a high of $86,931 in 202106 before settling at $55,284 in 202306, while liabilities have generally tracked closely with assets, suggesting a reliance on current funding for operations. The consistent reporting of 0% officer compensation across all filings is a strong indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries.