The Victory Project
The Victory Project maintains stable finances with zero officer compensation, despite fluctuating revenues.
EIN: 208657964 · Kansas City, MO · NTEE: N64 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $617K |
| Total Expenses | $404K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $400k |
| Net Assets | $385K |
| Transparency Score | 90/100 |
Is The Victory Project Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Victory Project directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Victory Project
The Victory Project (EIN: 208657964) is a nonprofit organization based in Kansas City, MO, classified under NTEE code N64. The organization reported total revenue of $617K and total assets of $773K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Victory Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Victory Project is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $429K |
| Total Expenses | $404K |
| Surplus / Deficit | +$25K |
| Total Assets | $857K |
| Total Liabilities | $472K |
| Net Assets | $385K |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 55.1% |
| Months of Reserves | 25.5 months |
Financial Health Grade: A
In 2023, The Victory Project reported a surplus of $25K with revenue exceeding expenses, holds 25.5 months of operating reserves (strong position), has a debt-to-asset ratio of 55.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Victory Project's revenue has grown at a compound annual growth rate (CAGR) of 20.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.7% | -34.8% | +19.8% |
| 2022 | +21.6% | -5.1% | -14.8% |
| 2021 | +330.1% | +74.5% | +11.5% |
| 2020 | -84.0% | -49.5% | -10.2% |
| 2019 | +4.8% | +59.3% | +44.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 The Victory Project with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Victory Project allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. 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:
- The organization reported a surplus of $25K, with revenue exceeding expenses.
- Debt-to-asset ratio: 55.1%.
Executive Compensation Analysis
The Victory Project consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries. This is highly commendable for an organization of its size, with recent revenues around $400k-$600k, as it maximizes resources for programmatic activities.
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 The Victory Project's IRS 990 filings:
- Significant year-over-year revenue fluctuations, such as the drop from $773,658 in 2019 to $123,814 in 2020, could indicate reliance on unpredictable funding sources or challenges in consistent fundraising.
Strengths
The following positive indicators were identified for The Victory Project:
- Consistent 0% officer compensation across all filings, demonstrating exceptional financial efficiency and dedication to mission.
- Long-term asset growth, from $102,386 in 2015 to $857,064 in 2023, indicating sound financial management and increasing capacity.
- Expenses generally managed within revenue, as seen in 2023 ($429,193 revenue vs. $403,991 expenses), suggesting fiscal responsibility.
Frequently Asked Questions about The Victory Project
Is The Victory Project a legitimate charity?
The Victory Project (EIN: 208657964) is a registered tax-exempt nonprofit based in Missouri. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $617K. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does The Victory Project spend its money?
The Victory Project directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Victory Project tax-deductible?
The Victory Project is registered as a tax-exempt nonprofit (EIN: 208657964). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Victory Project CEO make?
The Victory Project's highest-compensated officer earns $400k annually. The organization reported $617K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Victory Project's spending goes to programs?
The Victory Project directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Victory Project compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Victory Project is above average for NTEE category N64 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Victory Project located?
The Victory Project is headquartered in Kansas City, Missouri and files with the IRS under EIN 208657964. It is classified under NTEE code N64.
How many years of IRS 990 filings does The Victory Project have?
The Victory Project has 13 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 $617K in total revenue.
Is The Victory Project a good charity?
Based on the available IRS 990 data, The Victory Project appears to be a good charity. They consistently report 0% officer compensation, indicating a strong commitment to directing funds to their mission. Their assets have grown over time, and their expenses are generally managed within their revenue, suggesting financial stability.
How has The Victory Project's revenue trended over the past few years?
The Victory Project's revenue has fluctuated significantly. It was $773,658 in 2019, dropped to $123,814 in 2020, rebounded to $647,690 in 2022, and was $429,193 in 2023. This indicates variability in their funding streams.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is to pay none. All available IRS 990 filings show 0% officer compensation, which is a strong indicator of financial efficiency and a focus on mission-related spending.
Filing History
IRS 990 filing history for The Victory Project showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Victory Project's revenue has grown by 850.8%, moving from $45K to $429K. Total assets increased by 1201.1% over the same period, from $66K to $857K. Total functional expenses rose by 462.4%, from $72K to $404K. In its most recent filing year (2023), The Victory Project reported a surplus of $25K, with revenue exceeding expenses. The organization holds $472K in liabilities against $857K in assets (debt-to-asset ratio: 55.1%), resulting in net assets of $385K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $429K | $404K | $857K | $472K | — | — |
| 2022 | $648K | $619K | $716K | $495K | — | View 990 |
| 2021 | $532K | $653K | $839K | $647K | — | View 990 |
| 2020 | $124K | $374K | $753K | $389K | — | View 990 |
| 2019 | $774K | $740K | $839K | $224K | — | View 990 |
| 2018 | $738K | $465K | $581K | $0 | — | View 990 |
| 2017 | $590K | $489K | $312K | $4K | — | View 990 |
| 2016 | $377K | $268K | $229K | $22K | — | View 990 |
| 2015 | $102K | $91K | $102K | $4K | — | View 990 |
| 2014 | $149K | $59K | $106K | $4K | — | View 990 |
| 2013 | $40K | $31K | $16K | $4K | — | View 990 |
| 2012 | $54K | $72K | $23K | $20K | — | View 990 |
| 2011 | $45K | $72K | $66K | $45K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $429K, expenses of $404K, and assets of $857K (revenue -33.7% year-over-year).
- 2022: Revenue of $648K, expenses of $619K, and assets of $716K (revenue +21.6% year-over-year).
- 2021: Revenue of $532K, expenses of $653K, and assets of $839K (revenue +330.1% year-over-year).
- 2020: Revenue of $124K, expenses of $374K, and assets of $753K (revenue -84.0% year-over-year).
- 2019: Revenue of $774K, expenses of $740K, and assets of $839K (revenue +4.8% year-over-year).
- 2018: Revenue of $738K, expenses of $465K, and assets of $581K (revenue +25.1% year-over-year).
- 2017: Revenue of $590K, expenses of $489K, and assets of $312K (revenue +56.8% year-over-year).
- 2016: Revenue of $377K, expenses of $268K, and assets of $229K (revenue +268.2% year-over-year).
- 2015: Revenue of $102K, expenses of $91K, and assets of $102K (revenue -31.2% year-over-year).
- 2014: Revenue of $149K, expenses of $59K, and assets of $106K (revenue +267.3% year-over-year).
- 2013: Revenue of $40K, expenses of $31K, and assets of $16K (revenue -25.1% year-over-year).
- 2012: Revenue of $54K, expenses of $72K, and assets of $23K (revenue +19.7% year-over-year).
- 2011: Revenue of $45K, expenses of $72K, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Victory Project:
Data Sources and Methodology
This transparency report for The Victory Project 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.