Vast Friends & Fans Inc
EIN: 463885904 · Albuquerque, NM · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $209K |
| Total Expenses | $231K |
| Net Assets | $43K |
Is Vast Friends & Fans Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vast Friends & Fans Inc
Vast Friends & Fans Inc (EIN: 463885904) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code N60. The organization reported total revenue of $209K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vast Friends & Fans Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vast Friends & Fans Inc is a small nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2017–2021). Revenue has grown at a compound annual rate of 12.7%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $209K |
| Total Expenses | $231K |
| Surplus / Deficit | $-22,229 |
| Total Assets | $47K |
| Total Liabilities | $3K |
| Net Assets | $43K |
| Operating Margin | -10.6% |
| Debt-to-Asset Ratio | 7.3% |
| Months of Reserves | 2.4 months |
Financial Health Grade: C
In 2021, Vast Friends & Fans Inc reported a deficit of $22K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 7.3% (very low leverage).
Financial Trends
Over 5 years of filings (2017–2021), Vast Friends & Fans Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +14.4% | +68.4% | -30.3% |
| 2020 | +56.6% | +3.8% | +207.3% |
| 2019 | -42.1% | -45.7% | -43.6% |
| 2018 | +55.6% | +169.6% | -50.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vast Friends & Fans 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 Vast Friends & Fans 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.3%.
Frequently Asked Questions about Vast Friends & Fans Inc
Is Vast Friends & Fans Inc a legitimate charity?
Vast Friends & Fans Inc (EIN: 463885904) is a registered tax-exempt nonprofit based in New Mexico. It has 5 years of IRS 990 filings on record. Total revenue: $209K. No red flags identified. Financial health grade: C.
How does Vast Friends & Fans Inc spend its money?
Vast Friends & Fans Inc reported $209K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Vast Friends & Fans Inc tax-deductible?
Vast Friends & Fans Inc is registered as a tax-exempt nonprofit (EIN: 463885904). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vast Friends & Fans Inc located?
Vast Friends & Fans Inc is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 463885904. It is classified under NTEE code N60.
How many years of IRS 990 filings does Vast Friends & Fans Inc have?
Vast Friends & Fans Inc 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. The most recent filing shows $209K in total revenue.
Filing History
IRS 990 filing history for Vast Friends & Fans Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2017–2021), Vast Friends & Fans Inc's revenue has grown by 61.3%, moving from $130K to $209K. Total assets decreased by 40.4% over the same period, from $78K to $47K. Total functional expenses rose by 156.1%, from $90K to $231K. In its most recent filing year (2021), Vast Friends & Fans Inc reported a deficit of $22K, with expenses exceeding revenue. The organization holds $3K in liabilities against $47K in assets (debt-to-asset ratio: 7.3%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $209K | $231K | $47K | $3K | — | View 990 |
| 2020 | $183K | $137K | $67K | $1K | — | — |
| 2019 | $117K | $132K | $22K | $2K | — | View 990 |
| 2018 | $202K | $243K | $39K | $2K | — | View 990 |
| 2017 | $130K | $90K | $78K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $209K, expenses of $231K, and assets of $47K (revenue +14.4% year-over-year).
- 2020: Revenue of $183K, expenses of $137K, and assets of $67K (revenue +56.6% year-over-year).
- 2019: Revenue of $117K, expenses of $132K, and assets of $22K (revenue -42.1% year-over-year).
- 2018: Revenue of $202K, expenses of $243K, and assets of $39K (revenue +55.6% year-over-year).
- 2017: Revenue of $130K, expenses of $90K, and assets of $78K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vast Friends & Fans Inc:
Data Sources and Methodology
This transparency report for Vast Friends & Fans 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.