Vbs Foundation Inc
Vbs Foundation Inc maintains stable assets and zero reported officer compensation amidst fluctuating revenues.
EIN: 134117395 · Belmont, MA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.2M |
| Total Expenses | $699K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $12 |
| Net Assets | $10.0M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Vbs Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Vbs Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Vbs Foundation Inc in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $801K and expenses of $699K.
Revenue and Expenses
Vbs Foundation Inc reported $801K in revenue and $699K in expenses, a surplus of $101K.
Executive Compensation
Top officer compensation appears as $12 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Vbs Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $629K (90%) |
Across stored filings, Vbs Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 10 stored filing years |
| Peer context | Compare with Joint Committee For Childrens Health Care In Everett | Massachusetts and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Belmont, MA nonprofitsPhilanthropy in Massachusetts
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Keep the Investigation Moving
Vbs Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vbs Foundation Inc
Vbs Foundation Inc (EIN: 134117395) is a nonprofit organization based in Belmont, MA, classified under NTEE code T22. The organization reported total revenue of $7.2M and total assets of $12.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vbs Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vbs Foundation Inc is a mid-size nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $801K |
| Total Expenses | $699K |
| Surplus / Deficit | +$101K |
| Total Assets | $10.0M |
| Total Liabilities | $28K |
| Net Assets | $10.0M |
| Operating Margin | 12.7% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 171.6 months |
Financial Health Grade: A
In 2023, Vbs Foundation Inc reported a surplus of $101K with revenue exceeding expenses, holds 171.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Vbs Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.6% | +20.2% | +1.0% |
| 2022 | +15.4% | -0.8% | +7.6% |
| 2020 | -141.4% | +9.3% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Vbs Foundation Inc with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, Vbs Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $101K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly favorable, especially for an organization with assets exceeding $12 million, suggesting a strong dedication to directing resources towards its mission rather than executive salaries.
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 Vbs Foundation Inc's IRS 990 filings:
- Periods of negative revenue, indicating potential investment losses or significant asset revaluations.
- Lack of detailed expense breakdown in provided data makes precise program efficiency analysis difficult.
Strengths
The following positive indicators were identified for Vbs Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in executive pay.
- Stable and substantial asset base (over $12 million), providing financial resilience.
- Expenses remain relatively controlled despite revenue fluctuations.
Frequently Asked Questions about Vbs Foundation Inc
Is Vbs Foundation Inc a legitimate charity?
Vbs Foundation Inc (EIN: 134117395) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $7.2M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Vbs Foundation Inc spend its money?
Vbs Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Vbs Foundation Inc tax-deductible?
Vbs Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134117395). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Vbs Foundation Inc CEO make?
Vbs Foundation Inc's highest-compensated officer earns $12 annually. The organization reported $7.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Vbs Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Vbs Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vbs Foundation Inc located?
Vbs Foundation Inc is headquartered in Belmont, Massachusetts and files with the IRS under EIN 134117395. It is classified under NTEE code T22.
How many years of IRS 990 filings does Vbs Foundation Inc have?
Vbs Foundation Inc has 10 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 $7.2M in total revenue.
What is the primary use of the organization's assets, given its NTEE code T22 (Philanthropic Foundations)?
As a philanthropic foundation, Vbs Foundation Inc's assets are likely primarily used for investment purposes to generate income for grant-making activities, rather than for direct operational programs. The consistent asset base suggests a long-term endowment strategy.
How does the organization manage periods of negative revenue, such as -$68,376 in 2020 and -$240,617 in 2015?
Negative revenue periods suggest that investment losses or significant asset revaluations occurred. The organization's substantial asset base (over $8 million even in those years) likely provides a buffer to absorb these fluctuations without severely impacting its ability to cover expenses.
What are the specific program activities or grants made by Vbs Foundation Inc?
The provided data does not detail specific program activities or grant recipients. Further investigation into their Form 990, Part XV (Grants and Other Assistance to Organizations and Individuals) would be necessary to understand their programmatic impact.
Filing History
IRS 990 filing history for Vbs Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Vbs Foundation Inc's revenue has declined by 54.1%, moving from $1.7M to $801K. Total assets decreased by 12% over the same period, from $11.4M to $10.0M. Total functional expenses rose by 2.6%, from $682K to $699K. In its most recent filing year (2023), Vbs Foundation Inc reported a surplus of $101K, with revenue exceeding expenses. The organization holds $28K in liabilities against $10.0M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $10.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $801K | $699K | $10.0M | $28K | — | — |
| 2022 | $1.3M | $582K | $9.9M | $28K | — | View 990 |
| 2021 | $1.1M | $586K | $9.2M | $28K | — | View 990 |
| 2020 | $-68,376 | $629K | $8.7M | $28K | — | View 990 |
| 2019 | $165K | $576K | $9.4M | $28K | — | — |
| 2015 | $-240,617 | $410K | $9.4M | $18K | — | View 990 |
| 2014 | $-566,387 | $471K | $10.0M | $29K | — | View 990 |
| 2013 | $-62,945 | $458K | $11.1M | $1 | — | View 990 |
| 2012 | $805K | $580K | $11.6M | $1 | — | View 990 |
| 2011 | $1.7M | $682K | $11.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $801K, expenses of $699K, and assets of $10.0M (revenue -37.6% year-over-year).
- 2022: Revenue of $1.3M, expenses of $582K, and assets of $9.9M (revenue +15.4% year-over-year).
- 2021: Revenue of $1.1M, expenses of $586K, and assets of $9.2M.
- 2020: Revenue of $-68,376, expenses of $629K, and assets of $8.7M (revenue -141.4% year-over-year).
- 2019: Revenue of $165K, expenses of $576K, and assets of $9.4M.
- 2015: Revenue of $-240,617, expenses of $410K, and assets of $9.4M.
- 2014: Revenue of $-566,387, expenses of $471K, and assets of $10.0M.
- 2013: Revenue of $-62,945, expenses of $458K, and assets of $11.1M (revenue -107.8% year-over-year).
- 2012: Revenue of $805K, expenses of $580K, and assets of $11.6M (revenue -53.9% year-over-year).
- 2011: Revenue of $1.7M, expenses of $682K, and assets of $11.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vbs Foundation Inc:
Data Sources and Methodology
This transparency report for Vbs 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.