Vac Childrens Foundation Inc
EIN: 30357416 · Rutland, VT · NTEE: P37I
| Metric | Value |
|---|---|
| Total Revenue | $20K |
| Total Expenses | $469 |
| Net Assets | $487K |
Is Vac Childrens Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vac Childrens Foundation Inc
Vac Childrens Foundation Inc (EIN: 30357416) is a nonprofit organization based in Rutland, VT, classified under NTEE code P37I. The organization reported total revenue of $20K and total assets of $524K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vac Childrens Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vac Childrens Foundation Inc is a micro nonprofit that has been operating for 28 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $469 |
| Surplus / Deficit | +$15K |
| Total Assets | $487K |
| Net Assets | $487K |
| Operating Margin | 96.9% |
| Months of Reserves | 12453.4 months |
Financial Health Grade: A
In 2023, Vac Childrens Foundation Inc reported a surplus of $15K with revenue exceeding expenses, holds 12453.4 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), Vac Childrens Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.5% | -98.5% | +4.9% |
| 2022 | +69.9% | +4258.4% | -11.0% |
| 2021 | -95.4% | -25.3% | +12.5% |
| 2020 | +742.5% | — | +44.6% |
| 2019 | +30.0% | — | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vac Childrens Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Vac Childrens Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
Frequently Asked Questions about Vac Childrens Foundation Inc
Is Vac Childrens Foundation Inc a legitimate charity?
Vac Childrens Foundation Inc (EIN: 30357416) is a registered tax-exempt nonprofit based in Vermont. It has 11 years of IRS 990 filings on record. Total revenue: $20K. No red flags identified. Financial health grade: A.
How does Vac Childrens Foundation Inc spend its money?
Vac Childrens Foundation Inc reported $20K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Vac Childrens Foundation Inc tax-deductible?
Vac Childrens Foundation Inc is registered as a tax-exempt nonprofit (EIN: 30357416). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vac Childrens Foundation Inc located?
Vac Childrens Foundation Inc is headquartered in Rutland, Vermont and files with the IRS under EIN 30357416. It is classified under NTEE code P37I.
How many years of IRS 990 filings does Vac Childrens Foundation Inc have?
Vac Childrens Foundation Inc has 11 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 $20K in total revenue.
Filing History
IRS 990 filing history for Vac Childrens Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Vac Childrens Foundation Inc's revenue has declined by 76.5%, moving from $65K to $15K. Total assets increased by 2% over the same period, from $477K to $487K. Total functional expenses fell by 99.8%, from $235K to $469. In its most recent filing year (2023), Vac Childrens Foundation Inc reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $469 | $487K | $0 | — | View 990 |
| 2022 | $12K | $31K | $464K | $0 | — | — |
| 2021 | $7K | $700 | $522K | $0 | — | View 990 |
| 2020 | $156K | $937 | $464K | $0 | — | View 990 |
| 2019 | $18K | $0 | $321K | $0 | — | View 990 |
| 2018 | $14K | $0 | $302K | $0 | — | View 990 |
| 2017 | $5K | $0 | $288K | $0 | — | View 990 |
| 2014 | $74K | $0 | $393K | $0 | — | View 990 |
| 2013 | $47K | $0 | $345K | $0 | — | View 990 |
| 2012 | $57 | $0 | $337K | $0 | — | View 990 |
| 2011 | $65K | $235K | $477K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $469, and assets of $487K (revenue +25.5% year-over-year).
- 2022: Revenue of $12K, expenses of $31K, and assets of $464K (revenue +69.9% year-over-year).
- 2021: Revenue of $7K, expenses of $700, and assets of $522K (revenue -95.4% year-over-year).
- 2020: Revenue of $156K, expenses of $937, and assets of $464K (revenue +742.5% year-over-year).
- 2019: Revenue of $18K, expenses of $0, and assets of $321K (revenue +30.0% year-over-year).
- 2018: Revenue of $14K, expenses of $0, and assets of $302K (revenue +188.8% year-over-year).
- 2017: Revenue of $5K, expenses of $0, and assets of $288K (revenue -93.3% year-over-year).
- 2014: Revenue of $74K, expenses of $0, and assets of $393K (revenue +56.7% year-over-year).
- 2013: Revenue of $47K, expenses of $0, and assets of $345K (revenue +82470.2% year-over-year).
- 2012: Revenue of $57, expenses of $0, and assets of $337K (revenue -99.9% year-over-year).
- 2011: Revenue of $65K, expenses of $235K, and assets of $477K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vac Childrens Foundation Inc:
Data Sources and Methodology
This transparency report for Vac Childrens Foundation Inc 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.