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)

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.

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.

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

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.

Year	Revenue	Expenses	Assets	Liabilities	Officer 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.

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.