Veterans Of Foreign Wars Of The United States Dept Of Mississippi
Veterans Of Foreign Wars Of The United States Dept Of Mississippi maintains stable finances with consistent revenue and no reported officer compensation.
EIN: 201820773 · Southaven, MS · NTEE: W30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $164K |
| Total Expenses | $59K |
| Program Spending | 80% |
| Net Assets | $140K |
| Transparency Score | 85/100 |
Is Veterans Of Foreign Wars Of The United States Dept Of Mississippi Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Veterans Of Foreign Wars Of The United States Dept Of Mississippi directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Veterans Of Foreign Wars Of The United States Dept Of Mississippi
Veterans Of Foreign Wars Of The United States Dept Of Mississippi (EIN: 201820773) is a nonprofit organization based in Southaven, MS, classified under NTEE code W30. The organization reported total revenue of $164K and total assets of $141K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Of Foreign Wars Of The United States Dept Of Mississippi's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Veterans Of Foreign Wars Of The United States Dept Of Mississippi is a small nonprofit that has been operating for 1 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -5.2%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $59K |
| Surplus / Deficit | +$2K |
| Total Assets | $140K |
| Total Liabilities | $833 |
| Net Assets | $140K |
| Operating Margin | 3.4% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 28.5 months |
Financial Health Grade: A
In 2017, Veterans Of Foreign Wars Of The United States Dept Of Mississippi reported a surplus of $2K with revenue exceeding expenses, holds 28.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2017), Veterans Of Foreign Wars Of The United States Dept Of Mississippi's revenue has declined at a compound annual growth rate (CAGR) of -5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -11.1% | -10.8% | +0.0% |
| 2016 | -46.1% | -46.0% | -2.8% |
| 2015 | +120.2% | +102.2% | -0.2% |
| 2014 | -12.2% | -22.2% | -2.1% |
| 2013 | -21.6% | -5.1% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2025 |
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 Of Foreign Wars Of The United States Dept Of Mississippi 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Veterans Of Foreign Wars Of The United States Dept Of Mississippi allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
No officer compensation has been reported across all seven filing periods, suggesting that the organization's leadership is likely volunteer-based, which is a positive indicator for minimizing administrative costs.
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.
Strengths
The following positive indicators were identified for Veterans Of Foreign Wars Of The United States Dept Of Mississippi:
- Consistent financial stability with assets generally exceeding liabilities.
- No reported officer compensation across all filing periods, indicating volunteer leadership.
- Strong asset-to-liability ratio, demonstrating financial solvency (e.g., 168:1 in 201706).
- Positive net income in most reporting periods, showing effective expense management.
- Latest revenue of $164,444 indicates a healthy operational scale.
Frequently Asked Questions about Veterans Of Foreign Wars Of The United States Dept Of Mississippi
Is Veterans Of Foreign Wars Of The United States Dept Of Mississippi a legitimate charity?
Veterans Of Foreign Wars Of The United States Dept Of Mississippi (EIN: 201820773) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 85/100. It has 7 years of IRS 990 filings on record. Total revenue: $164K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Veterans Of Foreign Wars Of The United States Dept Of Mississippi spend its money?
Veterans Of Foreign Wars Of The United States Dept Of Mississippi directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Veterans Of Foreign Wars Of The United States Dept Of Mississippi tax-deductible?
Veterans Of Foreign Wars Of The United States Dept Of Mississippi is registered as a tax-exempt nonprofit (EIN: 201820773). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Veterans Of Foreign Wars Of The United States Dept Of Mississippi's spending goes to programs?
Veterans Of Foreign Wars Of The United States Dept Of Mississippi directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Veterans Of Foreign Wars Of The United States Dept Of Mississippi compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Veterans Of Foreign Wars Of The United States Dept Of Mississippi is above average for NTEE category W30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Veterans Of Foreign Wars Of The United States Dept Of Mississippi located?
Veterans Of Foreign Wars Of The United States Dept Of Mississippi is headquartered in Southaven, Mississippi and files with the IRS under EIN 201820773. It is classified under NTEE code W30.
How many years of IRS 990 filings does Veterans Of Foreign Wars Of The United States Dept Of Mississippi have?
Veterans Of Foreign Wars Of The United States Dept Of Mississippi has 7 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 $164K in total revenue.
Is Veterans Of Foreign Wars Of The United States Dept Of Mississippi a good charity?
Based on the available data, the organization appears to be a good charity. It consistently manages its finances well, with assets ($140,589) exceeding liabilities and generally positive net income. The absence of officer compensation is also a strong positive indicator of efficient resource allocation.
How has the organization's revenue trended over time?
Revenue has fluctuated, ranging from a low of $57,917 in 201406 to a high of $164,444 in the latest period. This variability suggests reliance on different funding streams or event-based income, but the latest figures show a significant increase.
What is the organization's asset-to-liability ratio?
For the 201706 period, assets were $140,384 and liabilities were $833, resulting in a very strong asset-to-liability ratio of approximately 168:1. This indicates excellent financial solvency.
Filing History
IRS 990 filing history for Veterans Of Foreign Wars Of The United States Dept Of Mississippi showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Veterans Of Foreign Wars Of The United States Dept Of Mississippi's revenue has declined by 27.5%, moving from $84K to $61K. Total assets decreased by 10.8% over the same period, from $157K to $140K. Total functional expenses fell by 19.9%, from $74K to $59K. In its most recent filing year (2017), Veterans Of Foreign Wars Of The United States Dept Of Mississippi reported a surplus of $2K, with revenue exceeding expenses. The organization holds $833 in liabilities against $140K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $140K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $61K | $59K | $140K | $833 | — | View 990 |
| 2016 | $69K | $66K | $140K | $3K | — | View 990 |
| 2015 | $128K | $123K | $144K | $2K | — | View 990 |
| 2014 | $58K | $61K | $145K | $2K | — | View 990 |
| 2013 | $66K | $78K | $148K | $3K | — | View 990 |
| 2012 | $84K | $82K | $160K | $2K | — | View 990 |
| 2011 | $84K | $74K | $157K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $61K, expenses of $59K, and assets of $140K (revenue -11.1% year-over-year).
- 2016: Revenue of $69K, expenses of $66K, and assets of $140K (revenue -46.1% year-over-year).
- 2015: Revenue of $128K, expenses of $123K, and assets of $144K (revenue +120.2% year-over-year).
- 2014: Revenue of $58K, expenses of $61K, and assets of $145K (revenue -12.2% year-over-year).
- 2013: Revenue of $66K, expenses of $78K, and assets of $148K (revenue -21.6% year-over-year).
- 2012: Revenue of $84K, expenses of $82K, and assets of $160K (revenue -0.2% year-over-year).
- 2011: Revenue of $84K, expenses of $74K, and assets of $157K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Veterans Of Foreign Wars Of The United States Dept Of Mississippi:
Data Sources and Methodology
This transparency report for Veterans Of Foreign Wars Of The United States Dept Of Mississippi 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.