School District No 25 Veba

School District No 25 Veba maintains strong asset growth with minimal expenses and no officer compensation.

EIN: 206120494 · Pocatello, ID · NTEE: Y44 · Updated: 2026-03-28

$47KRevenue
$1.0MAssets
95/100Mission Score (Excellent)
Y44
School District No 25 Veba Financial Summary
MetricValue
Total Revenue$47K
Total Expenses$440
Program Spending98%
CEO/Top Officer Pay$1
Net Assets$938K
Transparency Score95/100

Is School District No 25 Veba Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

School District No 25 Veba directs 98% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About School District No 25 Veba

School District No 25 Veba (EIN: 206120494) is a nonprofit organization based in Pocatello, ID, classified under NTEE code Y44. The organization reported total revenue of $47K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of School District No 25 Veba's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
MicroSize Classification
12Years of Filings
MixedRevenue Trajectory

School District No 25 Veba is a micro nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 31.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$31K
Total Expenses$440
Surplus / Deficit+$30K
Total Assets$938K
Net Assets$938K
Operating Margin98.6%
Months of Reserves25587.6 months

Financial Health Grade: A

In 2023, School District No 25 Veba reported a surplus of $30K with revenue exceeding expenses, holds 25587.6 months of operating reserves (strong position).

Financial Trends

Over 12 years of filings (2012–2023), School District No 25 Veba's revenue has grown at a compound annual growth rate (CAGR) of 31.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+1164.7%+0.0%+3.3%
2022-98.0%+0.0%+0.2%
2021-0.4%+11.1%+15.5%
2020-4.6%+0.0%+18.5%
2019+3055.4%+0.0%+24.0%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2005

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

AI Transparency Report

School District No 25 Veba appears to be a very small, well-managed organization with a clear financial picture. Its primary function seems to be managing assets, likely for employee benefits, given its NTEE code (Y44 - Employee or Volunteer Welfare, Benefits). The organization consistently reports minimal expenses, ranging from $396 to $760 annually over the past decade, while maintaining a healthy and growing asset base, which reached $1,035,488 most recently. This indicates strong financial stewardship and a focus on asset preservation. The consistent reporting of zero liabilities across all available filings further underscores its financial stability and low risk profile. The organization's spending efficiency is exceptionally high, with expenses consistently representing a tiny fraction of its revenue and asset base. For instance, in 2023, expenses were only $440 against $30,556 in revenue. This suggests that nearly all incoming funds are retained or invested, aligning with its likely purpose as a VEBA (Voluntary Employees' Beneficiary Association). Transparency is excellent, with 12 filings available and consistent reporting of key financial metrics, including zero officer compensation, which simplifies analysis and builds trust. The absence of officer compensation is a significant positive indicator of its operational model. Given its nature as a VEBA, the 'program' spending would likely be the benefits paid out, which are not explicitly detailed as 'expenses' in the provided summary but would be reflected in changes to assets or specific benefit distributions. The very low reported expenses are likely administrative overhead. The consistent growth in assets, from $478,624 in 2014 to over $1 million currently, demonstrates effective asset management. The organization's financial health is robust, characterized by strong asset growth, minimal liabilities, and extremely low administrative costs.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates School District No 25 Veba with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 2%
  • programs: 98%
  • fundraising: 0%

According to IRS 990 filings, School District No 25 Veba allocates its expenses as follows: admin: 2%, programs: 98%, fundraising: 0%. With 98% 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:

$31KTotal Revenue
$440Total Expenses
$938KTotal Assets
$938KNet Assets
  • The organization reported a surplus of $30K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization managing over $1 million in assets and suggests a volunteer-led or externally managed structure.

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.

Strengths

The following positive indicators were identified for School District No 25 Veba:

  • Consistent asset growth, from $478,624 in 2014 to $1,035,488 currently.
  • Extremely low administrative expenses, consistently under $800 annually.
  • Zero reported liabilities across all available filings, indicating strong financial stability.
  • No officer compensation reported, suggesting efficient, potentially volunteer-led governance.
  • Excellent transparency with 12 consistent IRS 990 filings.

Frequently Asked Questions about School District No 25 Veba

Is School District No 25 Veba a legitimate charity?

School District No 25 Veba (EIN: 206120494) is a registered tax-exempt nonprofit based in Idaho. Our AI analysis gives it a Mission Score of 95/100. It has 12 years of IRS 990 filings on record. Total revenue: $47K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does School District No 25 Veba spend its money?

School District No 25 Veba directs 98% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to School District No 25 Veba tax-deductible?

School District No 25 Veba is registered as a tax-exempt nonprofit (EIN: 206120494). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the School District No 25 Veba CEO make?

School District No 25 Veba's highest-compensated officer earns $1 annually. The organization reported $47K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does School District No 25 Veba compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), School District No 25 Veba is above average for NTEE category Y44 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is School District No 25 Veba located?

School District No 25 Veba is headquartered in Pocatello, Idaho and files with the IRS under EIN 206120494. It is classified under NTEE code Y44.

How many years of IRS 990 filings does School District No 25 Veba have?

School District No 25 Veba has 12 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 $47K in total revenue.

What specific benefits does School District No 25 Veba provide to its beneficiaries?

The provided data does not detail the specific benefits or distributions made by the VEBA, only its revenue, expenses, and asset growth. Further investigation into its operational statements would be needed.

How does School District No 25 Veba manage its investments to achieve asset growth?

The filings show consistent asset growth, but the specific investment strategies or portfolio details are not provided in this summary. This information would typically be found in more detailed financial statements or investment reports.

Who are the officers or board members of School District No 25 Veba, given no officer compensation?

The data indicates no officer compensation, suggesting a volunteer board or that administrative functions are handled by the School District itself, or by an external, uncompensated entity. The specific individuals are not listed in this summary.

Filing History

IRS 990 filing history for School District No 25 Veba showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), School District No 25 Veba's revenue has grown by 1843.8%, moving from $2K to $31K. Total assets increased by 43.6% over the same period, from $653K to $938K. Total functional expenses fell by 99.7%, from $176K to $440. In its most recent filing year (2023), School District No 25 Veba reported a surplus of $30K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $31K $440 $938K $0 View 990
2022 $2K $440 $908K $0 View 990
2021 $122K $440 $906K $0 View 990
2020 $123K $396 $784K $0 View 990
2019 $129K $396 $662K $0 View 990
2018 $4K $396 $534K $0
2017 $122K $396 $416K $0 View 990
2016 $106K $396 $420K $0 View 990
2015 $642 $400 $404K $0 View 990
2014 $528 $760 $479K $0 View 990
2013 $1K $176K $479K $0 View 990
2012 $2K $176K $653K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $31K, expenses of $440, and assets of $938K (revenue +1164.7% year-over-year).
  • 2022: Revenue of $2K, expenses of $440, and assets of $908K (revenue -98.0% year-over-year).
  • 2021: Revenue of $122K, expenses of $440, and assets of $906K (revenue -0.4% year-over-year).
  • 2020: Revenue of $123K, expenses of $396, and assets of $784K (revenue -4.6% year-over-year).
  • 2019: Revenue of $129K, expenses of $396, and assets of $662K (revenue +3055.4% year-over-year).
  • 2018: Revenue of $4K, expenses of $396, and assets of $534K (revenue -96.7% year-over-year).
  • 2017: Revenue of $122K, expenses of $396, and assets of $416K (revenue +15.1% year-over-year).
  • 2016: Revenue of $106K, expenses of $396, and assets of $420K (revenue +16433.2% year-over-year).
  • 2015: Revenue of $642, expenses of $400, and assets of $404K (revenue +21.6% year-over-year).
  • 2014: Revenue of $528, expenses of $760, and assets of $479K (revenue -49.6% year-over-year).
  • 2013: Revenue of $1K, expenses of $176K, and assets of $479K (revenue -33.4% year-over-year).
  • 2012: Revenue of $2K, expenses of $176K, and assets of $653K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for School District No 25 Veba:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for School District No 25 Veba 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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