Vasa Order Of America
Vasa Order of America: Stable Finances, Low Program Spending
EIN: 221476382 · Hackettstown, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $433K |
| Total Expenses | $501K |
| Program Spending | 50% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $371K |
| Transparency Score | 65/100 |
Is Vasa Order Of America Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vasa Order Of America directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Vasa Order Of America
Vasa Order Of America (EIN: 221476382) is a nonprofit organization based in Hackettstown, NJ. The organization reported total revenue of $433K and total assets of $439K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vasa Order Of America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vasa Order Of America is a small nonprofit that has been operating for 81 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $380K |
| Total Expenses | $501K |
| Surplus / Deficit | $-120,103 |
| Total Assets | $412K |
| Total Liabilities | $41K |
| Net Assets | $371K |
| Operating Margin | -31.6% |
| Debt-to-Asset Ratio | 9.9% |
| Months of Reserves | 9.9 months |
Financial Health Grade: B
In 2023, Vasa Order Of America reported a deficit of $120K with expenses exceeding revenue, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 9.9% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Vasa Order Of America's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.9% | +72.9% | -23.1% |
| 2022 | +8.9% | +1.5% | +15.9% |
| 2021 | +7.6% | +2.7% | +12.6% |
| 2020 | -14.6% | -17.3% | +7.8% |
| 2019 | +10.3% | +16.8% | +6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1945 |
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 Vasa Order Of America with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 30%
- programs: 50%
- fundraising: 20%
According to IRS 990 filings, Vasa Order Of America allocates its expenses as follows: admin: 30%, programs: 50%, fundraising: 20%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $120K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.9%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very low-cost leadership structure.
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 Vasa Order Of America's IRS 990 filings:
- Program expenses are consistently low relative to total expenses, with only $40,794 out of $500,535 in 2023 dedicated to program services.
- The organization's primary activities appear to be membership-driven rather than broad public programs, which may limit its charitable impact.
Strengths
The following positive indicators were identified for Vasa Order Of America:
- The organization maintains a healthy asset base, with $411,989 in assets as of 2023, providing financial stability.
- Consistent revenue streams over many years demonstrate a resilient funding model.
- Zero reported executive compensation indicates efficient use of funds at the leadership level.
Frequently Asked Questions about Vasa Order Of America
Is Vasa Order Of America a legitimate charity?
Based on AI analysis of IRS 990 filings, Vasa Order Of America (EIN: 221476382) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Vasa Order Of America spend its money?
Vasa Order Of America directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vasa Order Of America tax-deductible?
Vasa Order Of America is registered as a tax-exempt nonprofit (EIN: 221476382). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Vasa Order Of America CEO make?
Vasa Order Of America's highest-compensated officer earns $0 annually. The organization reported $433K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Vasa Order Of America's spending goes to programs?
Vasa Order Of America directs 50% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Vasa Order Of America located?
Vasa Order Of America is headquartered in Hackettstown, New Jersey and files with the IRS under EIN 221476382.
How many years of IRS 990 filings does Vasa Order Of America have?
Vasa Order Of America has 14 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 $433K in total revenue.
What does Vasa Order Of America do?
Vasa Order Of America is a nonprofit organization in the Unknown sector, located in Hackettstown, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Vasa Order Of America have?
Vasa Order Of America reported total revenue of $432,558. Based on 14 IRS 990 filings on record.
What are Vasa Order Of America's total assets?
Vasa Order Of America holds total assets of $439,123 as reported in IRS 990 filings.
Where is Vasa Order Of America located?
Vasa Order Of America is based in Hackettstown, New Jersey.
What is Vasa Order Of America's EIN?
Vasa Order Of America's Employer Identification Number (EIN) is 221476382. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Vasa Order Of America?
Vasa Order Of America is classified under NTEE code Unknown (Unknown).
Is Vasa Order Of America a registered 501(c)(3)?
Vasa Order Of America appears in IRS records (EIN: 221476382). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Vasa Order Of America file IRS Form 990?
Yes, Vasa Order Of America has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Vasa Order Of America's revenue in 2023?
In the 202312 filing period, Vasa Order Of America reported total revenue of $380,432, total expenses of $500,535, and net assets of $411,989.
Is Vasa Order Of America's revenue growing or declining?
Vasa Order Of America's revenue is growing. Revenue went from $359,114 (202212) to $380,432 (202312), a +5.9% change. Based on 14 filings on record.
What is Vasa Order Of America's most recent 990 filing?
The most recent IRS Form 990 filing for Vasa Order Of America covers tax period 202312. It shows revenue of $380,432, expenses of $500,535, total assets of $411,989, and liabilities of $40,794.
How much does Vasa Order Of America spend on programs vs administration?
Based on IRS 990 analysis, Vasa Order Of America allocates approximately 50% of expenses to program services, 30% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Vasa Order Of America a trustworthy charity?
Based on AI analysis of IRS 990 data, Vasa Order Of America shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Vasa Order Of America?
The following concerns were identified: Program expenses are consistently low relative to total expenses, with only $40,794 out of $500,535 in 2023 dedicated to program services.. The organization's primary activities appear to be membership-driven rather than broad public programs, which may limit its charitable impact.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Vasa Order Of America's strengths?
Positive indicators for Vasa Order Of America include: The organization maintains a healthy asset base, with $411,989 in assets as of 2023, providing financial stability.. Consistent revenue streams over many years demonstrate a resilient funding model.. Zero reported executive compensation indicates efficient use of funds at the leadership level.. These findings are derived from AI analysis of the organization's financial filings.
How does Vasa Order Of America compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very low-cost leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 executive compensation, how does the organization manage its administrative and operational functions?
The consistent $0 executive compensation suggests that the organization relies heavily on volunteer efforts for its leadership and administrative tasks, or that any paid staff fall outside the 'officer, director, trustee, or key employee' categories requiring disclosure.
With program expenses consistently around 10% or less of total expenses, what is the primary charitable purpose and impact of the Vasa Order of America?
The low program expense percentage, such as $40,794 out of $500,535 total expenses in 2023, indicates that the organization's primary activities may be focused on member services, cultural preservation, or internal community building rather than extensive public-facing charitable programs.
Filing History
IRS 990 filing history for Vasa Order Of America showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Vasa Order Of America's revenue has grown by 40.6%, moving from $271K to $380K. Total assets increased by 13.6% over the same period, from $363K to $412K. Total functional expenses rose by 56.6%, from $320K to $501K. In its most recent filing year (2023), Vasa Order Of America reported a deficit of $120K, with expenses exceeding revenue. The organization holds $41K in liabilities against $412K in assets (debt-to-asset ratio: 9.9%), resulting in net assets of $371K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $380K | $501K | $412K | $41K | — | — |
| 2022 | $359K | $289K | $536K | $45K | — | View 990 |
| 2021 | $330K | $285K | $462K | $41K | — | View 990 |
| 2020 | $307K | $277K | $410K | $34K | — | View 990 |
| 2019 | $359K | $335K | $381K | $33K | — | — |
| 2018 | $325K | $287K | $358K | $34K | — | View 990 |
| 2017 | $339K | $301K | $317K | $32K | — | View 990 |
| 2016 | $322K | $346K | $279K | $31K | — | View 990 |
| 2015 | $299K | $321K | $305K | $32K | — | View 990 |
| 2014 | $309K | $319K | $327K | $33K | — | View 990 |
| 2013 | $300K | $309K | $338K | $33K | — | View 990 |
| 2012 | $293K | $299K | $350K | $37K | — | View 990 |
| 2011 | $280K | $285K | $356K | $37K | — | View 990 |
| 2010 | $271K | $320K | $363K | $38K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $380K, expenses of $501K, and assets of $412K (revenue +5.9% year-over-year).
- 2022: Revenue of $359K, expenses of $289K, and assets of $536K (revenue +8.9% year-over-year).
- 2021: Revenue of $330K, expenses of $285K, and assets of $462K (revenue +7.6% year-over-year).
- 2020: Revenue of $307K, expenses of $277K, and assets of $410K (revenue -14.6% year-over-year).
- 2019: Revenue of $359K, expenses of $335K, and assets of $381K (revenue +10.3% year-over-year).
- 2018: Revenue of $325K, expenses of $287K, and assets of $358K (revenue -4.1% year-over-year).
- 2017: Revenue of $339K, expenses of $301K, and assets of $317K (revenue +5.3% year-over-year).
- 2016: Revenue of $322K, expenses of $346K, and assets of $279K (revenue +7.7% year-over-year).
- 2015: Revenue of $299K, expenses of $321K, and assets of $305K (revenue -3.4% year-over-year).
- 2014: Revenue of $309K, expenses of $319K, and assets of $327K (revenue +3.1% year-over-year).
- 2013: Revenue of $300K, expenses of $309K, and assets of $338K (revenue +2.6% year-over-year).
- 2012: Revenue of $293K, expenses of $299K, and assets of $350K (revenue +4.4% year-over-year).
- 2011: Revenue of $280K, expenses of $285K, and assets of $356K (revenue +3.5% year-over-year).
- 2010: Revenue of $271K, expenses of $320K, and assets of $363K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vasa Order Of America:
Data Sources and Methodology
This transparency report for Vasa Order Of America 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.