Lee And Cynthia Vance Foundation

Lee And Cynthia Vance Foundation maintains stable assets with no officer compensation and minimal liabilities.

EIN: 133789060 · Saratoga Springs, NY · Updated: 2026-03-28

$6.5MRevenue
$8.3MAssets
75/100Mission Score (Good)

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Lee And Cynthia Vance Foundation Financial Summary
MetricValue
Total Revenue$6.5M
Total Expenses$461K
Program Spending85%
Net Assets$6.5M
Transparency Score75/100

Search Intent Cockpit

Lee And Cynthia Vance Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Lee And Cynthia Vance Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Lee And Cynthia Vance Foundation in one place.

Form 990 Filing Summary

11 filing years are available, with latest revenue of $613K and expenses of $461K.

Revenue and Expenses

Lee And Cynthia Vance Foundation reported $613K in revenue and $461K in expenses, a surplus of $152K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

75/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.

Is Lee And Cynthia Vance Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
11Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Lee And Cynthia Vance Foundation Expense Deployment
Program services$392K (85%)

Across stored filings, Lee And Cynthia Vance Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Lee And Cynthia Vance Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade A11 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and category context

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Lee And Cynthia Vance Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Lee And Cynthia Vance Foundation

Lee And Cynthia Vance Foundation (EIN: 133789060) is a nonprofit organization based in Saratoga Springs, NY. The organization reported total revenue of $6.5M and total assets of $8.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lee And Cynthia Vance Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

31Years Operating
Mid-SizeSize Classification
11Years of Filings
MixedRevenue Trajectory

Lee And Cynthia Vance Foundation is a mid-size nonprofit that has been operating for 31 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$613K
Total Expenses$461K
Surplus / Deficit+$152K
Total Assets$6.5M
Total Liabilities$1
Net Assets$6.5M
Operating Margin24.8%
Debt-to-Asset Ratio0.0%
Months of Reserves168.2 months

Financial Health Grade: A

In 2023, Lee And Cynthia Vance Foundation reported a surplus of $152K with revenue exceeding expenses, holds 168.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 11 years of filings (2011–2023), Lee And Cynthia Vance Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023+1459.8%+279.5%+2.4%
2022-90.8%-81.0%-1.7%
2022-28.7%+80.3%-3.2%
2021+145.0%-44.3%+3.8%
2020-61.8%+14.7%-5.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1995

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Lee And Cynthia Vance Foundation appears to be a private foundation, given its consistent revenue and expense patterns, and the absence of significant fundraising expenses or officer compensation. Its financial health, as indicated by its assets of $6,461,975 and relatively stable asset base over the years, suggests a well-endowed organization. The foundation consistently spends less than its asset base, indicating a focus on long-term sustainability rather than aggressive program expansion. For instance, in 2023, with revenue of $613,026 and expenses of $460,874, the foundation maintained a healthy financial position. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent lack of officer compensation (0% in all reported periods) is a positive indicator of efficient use of funds at the leadership level. The foundation's liabilities have consistently been minimal ($1 or $0), suggesting strong financial management and a low-risk profile. Transparency is generally good through its consistent IRS 990 filings. However, without NTEE code information, the specific mission and program areas are not immediately clear, which can make it challenging for external stakeholders to fully understand its impact. The absence of detailed expense categories (program, admin, fundraising) in the provided data limits a deeper analysis of its spending efficiency and program focus.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lee And Cynthia Vance Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 85%
  • fundraising: 0%

According to IRS 990 filings, Lee And Cynthia Vance Foundation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$613KTotal Revenue
$461KTotal Expenses
$6.5MTotal Assets
$1Total Liabilities
$6.5MNet Assets
  • The organization reported a surplus of $152K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's leadership is either unpaid or compensated through other means not reported as officer compensation, which is a positive sign for resource allocation.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Lee And Cynthia Vance Foundation's IRS 990 filings:

  • NTEE code is unknown, making it difficult to understand the specific mission and impact.
  • Detailed breakdown of program, administrative, and fundraising expenses is not available in the provided summary, limiting spending efficiency analysis.

Strengths

The following positive indicators were identified for Lee And Cynthia Vance Foundation:

  • Consistent 0% officer compensation, indicating efficient use of funds at the leadership level.
  • Minimal liabilities across all reported periods ($0 or $1), demonstrating strong financial management.
  • Stable asset base over more than a decade, suggesting long-term financial sustainability.
  • Consistent IRS 990 filings, indicating good transparency in reporting.

Frequently Asked Questions about Lee And Cynthia Vance Foundation

Is Lee And Cynthia Vance Foundation a legitimate charity?

Lee And Cynthia Vance Foundation (EIN: 133789060) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $6.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does Lee And Cynthia Vance Foundation spend its money?

Lee And Cynthia Vance Foundation directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Lee And Cynthia Vance Foundation tax-deductible?

Lee And Cynthia Vance Foundation is registered as a tax-exempt nonprofit (EIN: 133789060). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Lee And Cynthia Vance Foundation located?

Lee And Cynthia Vance Foundation is headquartered in Saratoga Springs, New York and files with the IRS under EIN 133789060.

How many years of IRS 990 filings does Lee And Cynthia Vance Foundation have?

Lee And Cynthia Vance Foundation has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $6.5M in total revenue.

What specific programs does the Lee And Cynthia Vance Foundation support?

The provided data does not specify the NTEE code or detailed program descriptions, making it unclear what specific charitable activities the foundation funds.

How does the foundation manage its investments to generate revenue?

While the foundation consistently reports revenue, the specific investment strategies are not detailed in the summary data. Given its asset base, investment income likely plays a significant role.

What is the long-term strategy for asset growth or distribution?

The foundation's assets have fluctuated but remained relatively stable over the years (e.g., $7,615,681 in 2012 to $6,461,205 in 2023), suggesting a strategy of maintaining its endowment while distributing funds, rather than aggressive asset growth or rapid depletion.

Filing History

IRS 990 filing history for Lee And Cynthia Vance Foundation showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2011–2023), Lee And Cynthia Vance Foundation's revenue has grown by 83.7%, moving from $334K to $613K. Total assets decreased by 19.1% over the same period, from $8.0M to $6.5M. Total functional expenses fell by 28.1%, from $641K to $461K. In its most recent filing year (2023), Lee And Cynthia Vance Foundation reported a surplus of $152K, with revenue exceeding expenses. The organization holds $1 in liabilities against $6.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $613K $461K $6.5M $1
2022 $39K $121K $6.3M $1 View 990
2022 $427K $639K $6.4M $1 View 990
2021 $599K $354K $6.6M $1
2020 $244K $636K $6.4M $1
2019 $639K $554K $6.8M $1 View 990
2015 $453K $620K $7.2M $0 View 990
2014 $371K $592K $7.3M $0 View 990
2013 $345K $411K $7.5M $0 View 990
2012 $272K $643K $7.6M $0 View 990
2011 $334K $641K $8.0M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $613K, expenses of $461K, and assets of $6.5M (revenue +1459.8% year-over-year).
  • 2022: Revenue of $39K, expenses of $121K, and assets of $6.3M (revenue -90.8% year-over-year).
  • 2022: Revenue of $427K, expenses of $639K, and assets of $6.4M (revenue -28.7% year-over-year).
  • 2021: Revenue of $599K, expenses of $354K, and assets of $6.6M (revenue +145.0% year-over-year).
  • 2020: Revenue of $244K, expenses of $636K, and assets of $6.4M (revenue -61.8% year-over-year).
  • 2019: Revenue of $639K, expenses of $554K, and assets of $6.8M (revenue +41.0% year-over-year).
  • 2015: Revenue of $453K, expenses of $620K, and assets of $7.2M (revenue +22.1% year-over-year).
  • 2014: Revenue of $371K, expenses of $592K, and assets of $7.3M (revenue +7.5% year-over-year).
  • 2013: Revenue of $345K, expenses of $411K, and assets of $7.5M (revenue +26.9% year-over-year).
  • 2012: Revenue of $272K, expenses of $643K, and assets of $7.6M (revenue -18.4% year-over-year).
  • 2011: Revenue of $334K, expenses of $641K, and assets of $8.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Lee And Cynthia Vance Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Lee And Cynthia Vance Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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

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