Vail Veterans Foundation Inc
Vail Veterans Foundation maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 205254885 · Vail, CO · NTEE: P99 · Updated: 2026-03-28
Is Vail Veterans Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vail Veterans Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vail Veterans Foundation Inc
Vail Veterans Foundation Inc (EIN: 205254885) is a nonprofit organization based in Vail, CO, classified under NTEE code P99. The organization reported total revenue of $2.7M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vail Veterans Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Vail Veterans Foundation Inc with a Mission Score of 92 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, Vail Veterans Foundation Inc 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.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly favorable for donor perception and resource allocation.
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 Vail Veterans Foundation Inc's IRS 990 filings:
- Significant year-over-year revenue fluctuations, such as the drop from $6,130,638 in 2021 to $1,852,666 in 2022, could indicate reliance on large, infrequent donations or events.
Strengths
The following positive indicators were identified for Vail Veterans Foundation Inc:
- Zero reported officer compensation, indicating a strong commitment to directing funds towards the mission.
- Consistent growth in assets, from $941,291 in 2014 to $5,988,747 in 2023, demonstrating financial health and sustainability.
- Very low liabilities across all reported periods (e.g., $62,267 in 2023), indicating strong financial management and minimal debt.
- Consistent surplus of revenue over expenses in most years, allowing for reinvestment and asset accumulation.
- Regular and transparent filing of IRS Form 990s over a long period (13 filings), indicating good governance.
Frequently Asked Questions about Vail Veterans Foundation Inc
Is Vail Veterans Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vail Veterans Foundation Inc (EIN: 205254885) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Vail Veterans Foundation Inc spend its money?
Vail Veterans Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vail Veterans Foundation Inc tax-deductible?
Vail Veterans Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205254885). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Vail Veterans Foundation Inc. financially stable?
Yes, the organization appears financially stable, consistently maintaining positive net assets, which reached $5,988,747 in 2023, and keeping liabilities very low (e.g., $62,267 in 2023).
How does Vail Veterans Foundation Inc. manage its expenses?
The foundation generally manages its expenses well, often spending less than its revenue, leading to surpluses and asset growth. For example, in 2023, expenses were $1,605,903 against revenues of $1,682,696.
What is the trend in the organization's revenue?
The organization's revenue has fluctuated significantly, with a peak of $6,130,638 in 2021, but generally remains above $1.5 million annually, indicating a strong fundraising capacity.
Does the organization pay its officers?
Based on the provided IRS 990 data, the organization reports 0% officer compensation for all available periods, suggesting that officers are not compensated through traditional salaries.
What is the organization's asset growth like?
The organization has shown consistent asset growth, increasing from $941,291 in 2014 to $5,988,747 in 2023, demonstrating effective financial management and accumulation of resources.
Filing History
IRS 990 filing history for Vail Veterans Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vail Veterans Foundation Inc's revenue has grown by 417.7%, moving from $325K to $1.7M. Total assets increased by 742.5% over the same period, from $711K to $6.0M. Total functional expenses rose by 625.9%, from $221K to $1.6M. In its most recent filing year (2023), Vail Veterans Foundation Inc reported a surplus of $77K, with revenue exceeding expenses. The organization holds $62K in liabilities against $6.0M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.6M | $6.0M | $62K | — | — |
| 2022 | $1.9M | $1.4M | $5.7M | $21K | — | View 990 |
| 2021 | $6.1M | $5.6M | $5.6M | $27K | — | View 990 |
| 2020 | $1.6M | $1.2M | $5.0M | $68K | — | View 990 |
| 2019 | $2.0M | $1.7M | $4.7M | $65K | — | View 990 |
| 2018 | $3.9M | $1.5M | $4.4M | $55K | — | View 990 |
| 2017 | $1.4M | $1.6M | $2.2M | $125K | — | View 990 |
| 2016 | $1.9M | $1.1M | $2.2M | $20K | — | View 990 |
| 2015 | $1.1M | $645K | $1.4M | $4K | — | View 990 |
| 2014 | $1.1M | $706K | $941K | $3K | — | View 990 |
| 2013 | $569K | $560K | $586K | $3K | — | View 990 |
| 2012 | $256K | $393K | $574K | $0 | — | View 990 |
| 2011 | $325K | $221K | $711K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.6M, and assets of $6.0M (revenue -9.2% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.4M, and assets of $5.7M (revenue -69.8% year-over-year).
- 2021: Revenue of $6.1M, expenses of $5.6M, and assets of $5.6M (revenue +273.8% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.2M, and assets of $5.0M (revenue -17.6% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.7M, and assets of $4.7M (revenue -49.5% year-over-year).
- 2018: Revenue of $3.9M, expenses of $1.5M, and assets of $4.4M (revenue +183.4% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.6M, and assets of $2.2M (revenue -25.4% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.1M, and assets of $2.2M (revenue +67.3% year-over-year).
- 2015: Revenue of $1.1M, expenses of $645K, and assets of $1.4M (revenue +5.0% year-over-year).
- 2014: Revenue of $1.1M, expenses of $706K, and assets of $941K (revenue +86.4% year-over-year).
- 2013: Revenue of $569K, expenses of $560K, and assets of $586K (revenue +122.1% year-over-year).
- 2012: Revenue of $256K, expenses of $393K, and assets of $574K (revenue -21.2% year-over-year).
- 2011: Revenue of $325K, expenses of $221K, and assets of $711K.
Data Sources and Methodology
This transparency report for Vail Veterans 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.