Vance Charter School Foundation
EIN: 461378289 · Henderson, NC · NTEE: B90
Is Vance Charter School Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vance Charter School Foundation
Vance Charter School Foundation (EIN: 461378289) is a nonprofit organization based in Henderson, NC, classified under NTEE code B90. The organization reported total revenue of $728K and total assets of $11.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vance Charter School Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Vance Charter School Foundation 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 Vance Charter School Foundation 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.
Frequently Asked Questions about Vance Charter School Foundation
Is Vance Charter School Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Vance Charter School Foundation (EIN: 461378289) insufficient data. 0 red flags identified, 0 strengths noted.
How does Vance Charter School Foundation spend its money?
Detailed spending breakdown data is not yet available for Vance Charter School Foundation. Check back for updated IRS 990 analysis.
Are donations to Vance Charter School Foundation tax-deductible?
Vance Charter School Foundation is registered as a tax-exempt nonprofit (EIN: 461378289). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Vance Charter School Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Vance Charter School Foundation's revenue has grown by 830.4%, moving from $81K to $757K. Total assets increased by 14995.4% over the same period, from $76K to $11.4M. Total functional expenses rose by 12932.8%, from $6K to $732K. In its most recent filing year (2023), Vance Charter School Foundation reported a surplus of $26K, with revenue exceeding expenses. The organization holds $10.2M in liabilities against $11.4M in assets (debt-to-asset ratio: 88.8%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $757K | $732K | $11.4M | $10.2M | — | View 990 |
| 2022 | $709K | $689K | $11.6M | $10.4M | — | View 990 |
| 2021 | $547K | $699K | $11.9M | $10.6M | — | — |
| 2020 | $718K | $592K | $12.3M | $10.9M | — | View 990 |
| 2019 | $404K | $543K | $12.4M | $11.1M | — | View 990 |
| 2018 | $401K | $441K | $7.5M | $6.1M | — | View 990 |
| 2017 | $271K | $264K | $7.5M | $6.0M | — | View 990 |
| 2016 | $257K | $70K | $4.9M | $3.4M | — | View 990 |
| 2015 | $1.2M | $2K | $1.2M | $0 | — | View 990 |
| 2014 | $81K | $6K | $76K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $757K, expenses of $732K, and assets of $11.4M (revenue +6.8% year-over-year).
- 2022: Revenue of $709K, expenses of $689K, and assets of $11.6M (revenue +29.6% year-over-year).
- 2021: Revenue of $547K, expenses of $699K, and assets of $11.9M (revenue -23.9% year-over-year).
- 2020: Revenue of $718K, expenses of $592K, and assets of $12.3M (revenue +77.6% year-over-year).
- 2019: Revenue of $404K, expenses of $543K, and assets of $12.4M (revenue +0.8% year-over-year).
- 2018: Revenue of $401K, expenses of $441K, and assets of $7.5M (revenue +48.1% year-over-year).
- 2017: Revenue of $271K, expenses of $264K, and assets of $7.5M (revenue +5.5% year-over-year).
- 2016: Revenue of $257K, expenses of $70K, and assets of $4.9M (revenue -78.2% year-over-year).
- 2015: Revenue of $1.2M, expenses of $2K, and assets of $1.2M (revenue +1343.7% year-over-year).
- 2014: Revenue of $81K, expenses of $6K, and assets of $76K.
Data Sources and Methodology
This transparency report for Vance Charter School 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.