The Virginia Coleman Charitable Foundation
The Virginia Coleman Charitable Foundation reports zero revenue and assets in its latest filing, following years of operating at a deficit.
EIN: 200995597 · Wichita, KS · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $7K |
| Program Spending | 70% |
| Net Assets | $43K |
| Transparency Score | 45/100 |
Is The Virginia Coleman Charitable Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Virginia Coleman Charitable Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Virginia Coleman Charitable Foundation
The Virginia Coleman Charitable Foundation (EIN: 200995597) is a nonprofit organization based in Wichita, KS. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Virginia Coleman Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Virginia Coleman Charitable Foundation is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -25.9%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $7K |
| Surplus / Deficit | $-5,422 |
| Total Assets | $43K |
| Total Liabilities | $1 |
| Net Assets | $43K |
| Operating Margin | -334.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 73.4 months |
Financial Health Grade: B
In 2015, The Virginia Coleman Charitable Foundation reported a deficit of $5K with expenses exceeding revenue, holds 73.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), The Virginia Coleman Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -25.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -10.5% | -11.2% | -11.2% |
| 2014 | -67.7% | +1.1% | -11.2% |
| 2013 | +114.4% | +5.1% | -3.9% |
| 2012 | -51.3% | -9.7% | -7.9% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Virginia Coleman Charitable Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, The Virginia Coleman Charitable Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all five filings, indicating that officers are likely unpaid volunteers or that the organization has no paid executives, which is common for very small foundations.
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 Virginia Coleman Charitable Foundation's IRS 990 filings:
- Consistent operating deficits, with expenses exceeding revenue in all reported periods.
- Significant decline in assets, from $61,702 in 2011 to $0 in the latest filing.
- Latest filing reports $0 revenue and $0 assets, indicating potential dormancy or dissolution.
- NTEE code is unknown, hindering understanding of its charitable purpose.
Strengths
The following positive indicators were identified for The Virginia Coleman Charitable Foundation:
- Consistent reporting of 0% officer compensation, suggesting a volunteer-driven model or very low overhead for leadership.
Frequently Asked Questions about The Virginia Coleman Charitable Foundation
Is The Virginia Coleman Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Virginia Coleman Charitable Foundation (EIN: 200995597) significant concerns. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
How does The Virginia Coleman Charitable Foundation spend its money?
The Virginia Coleman Charitable Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Virginia Coleman Charitable Foundation tax-deductible?
The Virginia Coleman Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 200995597). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Virginia Coleman Charitable Foundation's spending goes to programs?
The Virginia Coleman Charitable Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is The Virginia Coleman Charitable Foundation located?
The Virginia Coleman Charitable Foundation is headquartered in Wichita, Kansas and files with the IRS under EIN 200995597.
How many years of IRS 990 filings does The Virginia Coleman Charitable Foundation have?
The Virginia Coleman Charitable Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is The Virginia Coleman Charitable Foundation still active?
The latest filing showing $0 revenue and $0 assets suggests the foundation may be inactive or in the process of dissolving. Further investigation into its current status would be necessary.
What are the primary programs of The Virginia Coleman Charitable Foundation?
The provided data does not specify the programs or activities of the foundation, and its NTEE code is unknown, making it difficult to determine its mission focus.
How does the foundation cover its expenses if revenue is consistently lower?
The foundation has consistently operated at a deficit, with expenses exceeding revenue. This suggests it has been drawing down its assets, which have decreased from $61,702 in 2011 to $0 in the latest period.
Filing History
IRS 990 filing history for The Virginia Coleman Charitable Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), The Virginia Coleman Charitable Foundation's revenue has declined by 69.8%, moving from $5K to $2K. Total assets decreased by 30.2% over the same period, from $62K to $43K. Total functional expenses fell by 14.8%, from $8K to $7K. In its most recent filing year (2015), The Virginia Coleman Charitable Foundation reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1 in liabilities against $43K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $2K | $7K | $43K | $1 | — | View 990 |
| 2014 | $2K | $8K | $48K | $1 | — | View 990 |
| 2013 | $6K | $8K | $55K | $1 | — | View 990 |
| 2012 | $3K | $7K | $57K | $1 | — | View 990 |
| 2011 | $5K | $8K | $62K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $2K, expenses of $7K, and assets of $43K (revenue -10.5% year-over-year).
- 2014: Revenue of $2K, expenses of $8K, and assets of $48K (revenue -67.7% year-over-year).
- 2013: Revenue of $6K, expenses of $8K, and assets of $55K (revenue +114.4% year-over-year).
- 2012: Revenue of $3K, expenses of $7K, and assets of $57K (revenue -51.3% year-over-year).
- 2011: Revenue of $5K, expenses of $8K, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Virginia Coleman Charitable Foundation:
Data Sources and Methodology
This transparency report for The Virginia Coleman Charitable 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.