Verified Voting Foundation
Verified Voting Foundation shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 200765743 · Philadelphia, PA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $2.7M |
| Transparency Score | 92/100 |
Is Verified Voting Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Verified Voting Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Verified Voting Foundation
Verified Voting Foundation (EIN: 200765743) is a nonprofit organization based in Philadelphia, PA. The organization reported total revenue of $2.6M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Verified Voting Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Verified Voting Foundation is a mid-size nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $2.8M |
| Total Liabilities | $52K |
| Net Assets | $2.7M |
| Operating Margin | 41.0% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 16.2 months |
Financial Health Grade: A
In 2023, Verified Voting Foundation reported a surplus of $1.4M with revenue exceeding expenses, holds 16.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Verified Voting Foundation's revenue has grown at a compound annual growth rate (CAGR) of 19.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +73.4% | +24.2% | +98.7% |
| 2022 | +143.0% | +72.9% | +18.1% |
| 2021 | -67.6% | -46.6% | -7.5% |
| 2021 | +58.7% | +25.4% | +170.8% |
| 2020 | +34.2% | +10.1% | +172.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Verified Voting Foundation with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Verified Voting Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of its size with over $3 million in revenue and nearly $3 million in assets.
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 Verified Voting Foundation's IRS 990 filings:
- Unusually low reported liabilities relative to assets, which could warrant further investigation into financial reporting nuances.
- No reported officer compensation, which while positive for efficiency, is atypical for an organization of this scale and might suggest alternative compensation structures or volunteer leadership.
Strengths
The following positive indicators were identified for Verified Voting Foundation:
- Strong program spending efficiency, indicated by 0% officer compensation and healthy asset growth.
- Significant and consistent revenue growth, from $438,221 in 2017 to $3,463,871 in 2023.
- Excellent financial health with a high asset-to-liability ratio ($2,758,169 assets vs. $52,105 liabilities in 2023).
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
- Positive net income in most recent years, contributing to asset accumulation.
Frequently Asked Questions about Verified Voting Foundation
Is Verified Voting Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Verified Voting Foundation (EIN: 200765743) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Verified Voting Foundation spend its money?
Verified Voting Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Verified Voting Foundation tax-deductible?
Verified Voting Foundation is registered as a tax-exempt nonprofit (EIN: 200765743). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Verified Voting Foundation CEO make?
Verified Voting Foundation's highest-compensated officer earns $3 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Verified Voting Foundation's spending goes to programs?
Verified Voting Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Verified Voting Foundation located?
Verified Voting Foundation is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 200765743.
How many years of IRS 990 filings does Verified Voting Foundation have?
Verified Voting Foundation 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 $2.6M in total revenue.
Is Verified Voting Foundation a good charity?
Based on the available financial data, Verified Voting Foundation appears to be a very good charity. It demonstrates strong financial health, significant revenue growth, efficient spending with no reported officer compensation, and a healthy asset-to-liability ratio.
How has Verified Voting Foundation's revenue changed over time?
Verified Voting Foundation has experienced substantial revenue growth, increasing from $438,221 in 2017 to $3,463,871 in 2023, indicating strong donor support and organizational expansion.
What is the financial stability of Verified Voting Foundation?
The organization shows strong financial stability, with assets consistently growing and significantly outweighing liabilities. In 2023, assets were $2,758,169 against liabilities of $52,105, demonstrating a robust financial position.
Filing History
IRS 990 filing history for Verified Voting Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Verified Voting Foundation's revenue has grown by 727%, moving from $419K to $3.5M. Total assets increased by 2251.4% over the same period, from $117K to $2.8M. Total functional expenses rose by 277%, from $542K to $2.0M. In its most recent filing year (2023), Verified Voting Foundation reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $52K in liabilities against $2.8M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $2.0M | $2.8M | $52K | — | — |
| 2022 | $2.0M | $1.6M | $1.4M | $103K | — | View 990 |
| 2021 | $822K | $951K | $1.2M | $244K | — | View 990 |
| 2021 | $2.5M | $1.8M | $1.3M | $209K | — | View 990 |
| 2020 | $1.6M | $1.4M | $469K | $164K | — | View 990 |
| 2019 | $1.2M | $1.3M | $172K | $46K | — | View 990 |
| 2018 | $1.3M | $1.3M | $337K | $118K | — | View 990 |
| 2017 | $438K | $756K | $246K | $69K | — | — |
| 2016 | $732K | $587K | $466K | $6K | — | View 990 |
| 2015 | $646K | $543K | $383K | $600 | — | View 990 |
| 2014 | $787K | $739K | $337K | $58K | — | View 990 |
| 2013 | $529K | $634K | $173K | $12K | — | View 990 |
| 2012 | $565K | $407K | $272K | $6K | — | View 990 |
| 2011 | $419K | $542K | $117K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $2.0M, and assets of $2.8M (revenue +73.4% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.6M, and assets of $1.4M (revenue +143.0% year-over-year).
- 2021: Revenue of $822K, expenses of $951K, and assets of $1.2M (revenue -67.6% year-over-year).
- 2021: Revenue of $2.5M, expenses of $1.8M, and assets of $1.3M (revenue +58.7% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.4M, and assets of $469K (revenue +34.2% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.3M, and assets of $172K (revenue -8.8% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $337K (revenue +198.1% year-over-year).
- 2017: Revenue of $438K, expenses of $756K, and assets of $246K (revenue -40.2% year-over-year).
- 2016: Revenue of $732K, expenses of $587K, and assets of $466K (revenue +13.3% year-over-year).
- 2015: Revenue of $646K, expenses of $543K, and assets of $383K (revenue -17.9% year-over-year).
- 2014: Revenue of $787K, expenses of $739K, and assets of $337K (revenue +48.7% year-over-year).
- 2013: Revenue of $529K, expenses of $634K, and assets of $173K (revenue -6.3% year-over-year).
- 2012: Revenue of $565K, expenses of $407K, and assets of $272K (revenue +34.8% year-over-year).
- 2011: Revenue of $419K, expenses of $542K, and assets of $117K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Verified Voting Foundation:
Data Sources and Methodology
This transparency report for Verified Voting 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.