Still Serving Vets
Still Serving Vets consistently directs 100% of officer compensation to programs, demonstrating strong financial efficiency.
EIN: 204515040 · Huntsville, AL · NTEE: W30 · Updated: 2026-03-28
Is Still Serving Vets Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Still Serving Vets directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Still Serving Vets
Still Serving Vets (EIN: 204515040) is a nonprofit organization based in Huntsville, AL, classified under NTEE code W30. The organization reported total revenue of $2.5M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Still Serving Vets's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Still Serving Vets is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$67K |
| Total Assets | $1.2M |
| Total Liabilities | $100K |
| Net Assets | $1.1M |
| Operating Margin | 3.5% |
| Debt-to-Asset Ratio | 8.7% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2023, Still Serving Vets reported a surplus of $67K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 8.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Still Serving Vets's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.9% | +10.1% | +1.3% |
| 2022 | +3.1% | +11.5% | +6.4% |
| 2021 | -19.6% | -3.3% | +21.3% |
| 2020 | +33.9% | -1.6% | +176.1% |
| 2019 | -7.3% | +6.2% | -26.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Still Serving Vets 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Still Serving Vets allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:
- The organization reported a surplus of $67K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.7%.
Executive Compensation Analysis
Still Serving Vets reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual and suggests a volunteer-led or externally funded executive structure, maximizing funds for direct program services.
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 Still Serving Vets:
- Consistent 0% officer compensation reported across all filings, maximizing program funding.
- Healthy and growing asset base, increasing from $318,517 in 2019 to $1,150,227 in 2023.
- Strong program spending efficiency, with a very high percentage of expenses likely going to direct services.
- Consistent revenue generation, with 2023 revenue at $1,900,947.
- Low liabilities relative to assets, indicating strong financial health and low risk.
Frequently Asked Questions about Still Serving Vets
Is Still Serving Vets a legitimate charity?
Based on AI analysis of IRS 990 filings, Still Serving Vets (EIN: 204515040) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Still Serving Vets spend its money?
Still Serving Vets directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Still Serving Vets tax-deductible?
Still Serving Vets is registered as a tax-exempt nonprofit (EIN: 204515040). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Still Serving Vets a good charity?
Based on the IRS 990 data, Still Serving Vets appears to be a very good charity. They consistently report 0% officer compensation, indicating a strong commitment to directing funds to their mission. Their program spending is likely very high, and they show consistent revenue growth and healthy asset accumulation.
How has Still Serving Vets' revenue trended over the past few years?
Still Serving Vets has shown a generally positive revenue trend. After a dip in 2019 ($1,503,722) and 2022 ($1,669,098), revenue rebounded to $1,900,947 in 2023, indicating resilience and growth.
What is the organization's financial stability like?
The organization demonstrates strong financial stability. Assets have consistently grown, from $318,517 in 2019 to $1,150,227 in 2023, while liabilities remain a small fraction of assets, indicating a healthy balance sheet and good reserves.
Filing History
IRS 990 filing history for Still Serving Vets showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Still Serving Vets's revenue has grown by 241.8%, moving from $556K to $1.9M. Total assets increased by 230.8% over the same period, from $348K to $1.2M. Total functional expenses rose by 318.8%, from $438K to $1.8M. In its most recent filing year (2023), Still Serving Vets reported a surplus of $67K, with revenue exceeding expenses. The organization holds $100K in liabilities against $1.2M in assets (debt-to-asset ratio: 8.7%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.8M | $1.2M | $100K | — | View 990 |
| 2022 | $1.7M | $1.7M | $1.1M | $180K | — | View 990 |
| 2021 | $1.6M | $1.5M | $1.1M | $94K | — | View 990 |
| 2020 | $2.0M | $1.5M | $880K | $49K | — | — |
| 2019 | $1.5M | $1.6M | $319K | $21K | — | View 990 |
| 2018 | $1.6M | $1.5M | $432K | $58K | — | View 990 |
| 2017 | $1.5M | $1.4M | $307K | $74K | — | — |
| 2016 | $1.3M | $1.3M | $262K | $94K | — | View 990 |
| 2015 | $1.2M | $1.2M | $258K | $84K | — | View 990 |
| 2014 | $895K | $1.0M | $256K | $90K | — | View 990 |
| 2013 | $1.1M | $675K | $957K | $27K | — | View 990 |
| 2012 | $746K | $541K | $552K | $27K | — | View 990 |
| 2011 | $556K | $438K | $348K | $31K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.8M, and assets of $1.2M (revenue +13.9% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.7M, and assets of $1.1M (revenue +3.1% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.5M, and assets of $1.1M (revenue -19.6% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.5M, and assets of $880K (revenue +33.9% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.6M, and assets of $319K (revenue -7.3% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.5M, and assets of $432K (revenue +8.9% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.4M, and assets of $307K (revenue +12.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $262K (revenue +10.3% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $258K (revenue +34.5% year-over-year).
- 2014: Revenue of $895K, expenses of $1.0M, and assets of $256K (revenue -16.0% year-over-year).
- 2013: Revenue of $1.1M, expenses of $675K, and assets of $957K (revenue +42.9% year-over-year).
- 2012: Revenue of $746K, expenses of $541K, and assets of $552K (revenue +34.1% year-over-year).
- 2011: Revenue of $556K, expenses of $438K, and assets of $348K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Still Serving Vets:
Data Sources and Methodology
This transparency report for Still Serving Vets 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.