Veterans Consortium Pro Bono Program
Veterans Consortium Pro Bono Program shows strong asset growth and no reported officer compensation, despite a recent deficit and increased liabilities.
EIN: 201934881 · Washington, DC · NTEE: W30 · Updated: 2026-03-28
Is Veterans Consortium Pro Bono Program Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Veterans Consortium Pro Bono Program directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Veterans Consortium Pro Bono Program
Veterans Consortium Pro Bono Program (EIN: 201934881) is a nonprofit organization based in Washington, DC, classified under NTEE code W30. The organization reported total revenue of $5.0M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Consortium Pro Bono Program's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Veterans Consortium Pro Bono Program is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $5.1M |
| Surplus / Deficit | $-276,147 |
| Total Assets | $4.5M |
| Total Liabilities | $4.0M |
| Net Assets | $498K |
| Operating Margin | -5.7% |
| Debt-to-Asset Ratio | 88.9% |
| Months of Reserves | 10.5 months |
Financial Health Grade: C
In 2023, Veterans Consortium Pro Bono Program reported a deficit of $276K with expenses exceeding revenue, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 88.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Veterans Consortium Pro Bono Program's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.9% | +38.1% | +80.6% |
| 2022 | +6.9% | +12.3% | +11.3% |
| 2021 | +7.4% | +7.0% | +32.7% |
| 2020 | +5.9% | +-0.0% | -5.5% |
| 2019 | +10.1% | +10.5% | +92.1% |
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 Veterans Consortium Pro Bono Program with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Veterans Consortium Pro Bono Program allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $276K, with expenses exceeding revenue.
- Debt-to-asset ratio: 88.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is a highly positive sign for directing resources to its mission.
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 Veterans Consortium Pro Bono Program's IRS 990 filings:
- Significant increase in liabilities from $1,707,793 in 2022 to $3,983,468 in 2023, warranting further investigation.
- Expenses ($5,104,226) exceeded revenue ($4,828,079) in 2023, resulting in a deficit for that period.
Strengths
The following positive indicators were identified for Veterans Consortium Pro Bono Program:
- Consistent reporting of 0% officer compensation across all filings, indicating strong resource allocation to mission.
- Significant growth in assets, nearly doubling from $2,231,184 in 2021 to $4,481,748 in 2023.
- Steady revenue growth over the past decade, from $2,295,415 in 2014 to $4,828,079 in 2023.
- Long-term history of managing expenses close to revenue, demonstrating fiscal responsibility.
Frequently Asked Questions about Veterans Consortium Pro Bono Program
Is Veterans Consortium Pro Bono Program a legitimate charity?
Based on AI analysis of IRS 990 filings, Veterans Consortium Pro Bono Program (EIN: 201934881) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Veterans Consortium Pro Bono Program spend its money?
Veterans Consortium Pro Bono Program directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Veterans Consortium Pro Bono Program tax-deductible?
Veterans Consortium Pro Bono Program is registered as a tax-exempt nonprofit (EIN: 201934881). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Veterans Consortium Pro Bono Program financially stable?
While the organization experienced a deficit in 2023 ($4,828,079 revenue vs. $5,104,226 expenses) and a significant increase in liabilities to $3,983,468, its assets have also grown substantially to $4,481,748, suggesting a generally stable financial position with resources to cover obligations. The long-term trend shows consistent revenue growth.
How efficient is the Veterans Consortium Pro Bono Program with its spending?
The organization appears highly efficient, especially given its consistent reporting of 0% officer compensation. This indicates a strong commitment to directing funds towards its programs, aligning with a high program spending ratio.
What caused the large increase in liabilities in 2023?
The IRS 990 data alone does not specify the exact nature of the increase in liabilities from $1,707,793 in 2022 to $3,983,468 in 2023. Further investigation into the organization's financial statements would be needed to understand if these are program-related payables, deferred revenue, or other obligations.
Filing History
IRS 990 filing history for Veterans Consortium Pro Bono Program showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Veterans Consortium Pro Bono Program's revenue has grown by 139.5%, moving from $2.0M to $4.8M. Total assets increased by 213.7% over the same period, from $1.4M to $4.5M. Total functional expenses rose by 157.5%, from $2.0M to $5.1M. In its most recent filing year (2023), Veterans Consortium Pro Bono Program reported a deficit of $276K, with expenses exceeding revenue. The organization holds $4.0M in liabilities against $4.5M in assets (debt-to-asset ratio: 88.9%), resulting in net assets of $498K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $5.1M | $4.5M | $4.0M | — | — |
| 2022 | $3.7M | $3.7M | $2.5M | $1.7M | — | View 990 |
| 2021 | $3.5M | $3.3M | $2.2M | $1.5M | — | View 990 |
| 2020 | $3.2M | $3.1M | $1.7M | $1.1M | — | View 990 |
| 2019 | $3.1M | $3.1M | $1.8M | $1.4M | — | View 990 |
| 2018 | $2.8M | $2.8M | $926K | $506K | — | View 990 |
| 2017 | $3.0M | $3.0M | $959K | $532K | — | View 990 |
| 2016 | $3.0M | $3.0M | $1.4M | $1.0M | — | View 990 |
| 2015 | $2.4M | $2.3M | $1.7M | $1.4M | — | View 990 |
| 2014 | $2.3M | $2.3M | $2.8M | $2.5M | — | View 990 |
| 2013 | $2.2M | $2.1M | $2.5M | $2.3M | — | View 990 |
| 2012 | $2.4M | $2.3M | $2.0M | $1.8M | — | View 990 |
| 2011 | $2.0M | $2.0M | $1.4M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $5.1M, and assets of $4.5M (revenue +29.9% year-over-year).
- 2022: Revenue of $3.7M, expenses of $3.7M, and assets of $2.5M (revenue +6.9% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.3M, and assets of $2.2M (revenue +7.4% year-over-year).
- 2020: Revenue of $3.2M, expenses of $3.1M, and assets of $1.7M (revenue +5.9% year-over-year).
- 2019: Revenue of $3.1M, expenses of $3.1M, and assets of $1.8M (revenue +10.1% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.8M, and assets of $926K (revenue -7.8% year-over-year).
- 2017: Revenue of $3.0M, expenses of $3.0M, and assets of $959K (revenue -0.1% year-over-year).
- 2016: Revenue of $3.0M, expenses of $3.0M, and assets of $1.4M (revenue +27.0% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.3M, and assets of $1.7M (revenue +3.5% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.3M, and assets of $2.8M (revenue +6.7% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.1M, and assets of $2.5M (revenue -9.5% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.3M, and assets of $2.0M (revenue +17.9% year-over-year).
- 2011: Revenue of $2.0M, expenses of $2.0M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Veterans Consortium Pro Bono Program:
Data Sources and Methodology
This transparency report for Veterans Consortium Pro Bono Program 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.