Vc Medical Endowment Tr
EIN: 476343397 · Sioux Falls, SD · NTEE: T90
| Metric | Value |
|---|---|
| Total Revenue | $8.0M |
| Total Expenses | $1.3M |
| Net Assets | $1.7M |
Is Vc Medical Endowment Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vc Medical Endowment Tr
Vc Medical Endowment Tr (EIN: 476343397) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code T90. The organization reported total revenue of $8.0M and total assets of $20.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vc Medical Endowment Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vc Medical Endowment Tr is a mid-size nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -10.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $111K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-1,159,827 |
| Total Assets | $17.7M |
| Total Liabilities | $15.9M |
| Net Assets | $1.7M |
| Operating Margin | -1048.7% |
| Debt-to-Asset Ratio | 90.2% |
| Months of Reserves | 167.1 months |
Financial Health Grade: C
In 2023, Vc Medical Endowment Tr reported a deficit of $1.2M with expenses exceeding revenue, holds 167.1 months of operating reserves (strong position), has a debt-to-asset ratio of 90.2% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), Vc Medical Endowment Tr's revenue has declined at a compound annual growth rate (CAGR) of -10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -92.5% | -20.9% | +6.7% |
| 2022 | +1.0% | +104.0% | -18.6% |
| 2021 | -32.2% | +7.5% | +12.7% |
| 2020 | +224.3% | -27.9% | +3.6% |
| 2019 | -78.9% | +231.0% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vc Medical Endowment Tr 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 Vc Medical Endowment Tr 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 90.2%.
Frequently Asked Questions about Vc Medical Endowment Tr
Is Vc Medical Endowment Tr a legitimate charity?
Vc Medical Endowment Tr (EIN: 476343397) is a registered tax-exempt nonprofit based in South Dakota. It has 9 years of IRS 990 filings on record. Total revenue: $8.0M. No red flags identified. Financial health grade: C.
How does Vc Medical Endowment Tr spend its money?
Vc Medical Endowment Tr reported $8.0M in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Vc Medical Endowment Tr tax-deductible?
Vc Medical Endowment Tr is registered as a tax-exempt nonprofit (EIN: 476343397). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vc Medical Endowment Tr located?
Vc Medical Endowment Tr is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 476343397. It is classified under NTEE code T90.
How many years of IRS 990 filings does Vc Medical Endowment Tr have?
Vc Medical Endowment Tr has 9 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 $8.0M in total revenue.
Filing History
IRS 990 filing history for Vc Medical Endowment Tr showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Vc Medical Endowment Tr's revenue has declined by 59.1%, moving from $271K to $111K. Total assets increased by 6450.4% over the same period, from $270K to $17.7M. Total functional expenses rose by 195651.3%, from $649 to $1.3M. In its most recent filing year (2023), Vc Medical Endowment Tr reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $15.9M in liabilities against $17.7M in assets (debt-to-asset ratio: 90.2%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $111K | $1.3M | $17.7M | $15.9M | — | View 990 |
| 2022 | $1.5M | $1.6M | $16.6M | $15.9M | — | View 990 |
| 2021 | $1.5M | $787K | $20.4M | $15.9M | — | View 990 |
| 2020 | $2.2M | $732K | $18.1M | $15.9M | — | View 990 |
| 2019 | $665K | $1.0M | $17.4M | $15.1M | — | View 990 |
| 2018 | $3.2M | $307K | $17.0M | $15.1M | — | View 990 |
| 2017 | $13.3M | $62K | $14.2M | $13.1M | — | View 990 |
| 2016 | $233K | $11K | $492K | $0 | — | View 990 |
| 2015 | $271K | $649 | $270K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $111K, expenses of $1.3M, and assets of $17.7M (revenue -92.5% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.6M, and assets of $16.6M (revenue +1.0% year-over-year).
- 2021: Revenue of $1.5M, expenses of $787K, and assets of $20.4M (revenue -32.2% year-over-year).
- 2020: Revenue of $2.2M, expenses of $732K, and assets of $18.1M (revenue +224.3% year-over-year).
- 2019: Revenue of $665K, expenses of $1.0M, and assets of $17.4M (revenue -78.9% year-over-year).
- 2018: Revenue of $3.2M, expenses of $307K, and assets of $17.0M (revenue -76.3% year-over-year).
- 2017: Revenue of $13.3M, expenses of $62K, and assets of $14.2M (revenue +5615.1% year-over-year).
- 2016: Revenue of $233K, expenses of $11K, and assets of $492K (revenue -13.9% year-over-year).
- 2015: Revenue of $271K, expenses of $649, and assets of $270K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vc Medical Endowment Tr:
Data Sources and Methodology
This transparency report for Vc Medical Endowment Tr 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.