Veterans Of Foreign Wars Of The United States Dept Of Mississippi
Veterans Of Foreign Wars Of The United States Dept Of Mississippi faces significant financial decline with consistent operating losses and shrinking assets.
EIN: 203559751 · Mendenhall, MS · Updated: 2026-03-28
Is Veterans Of Foreign Wars Of The United States Dept Of Mississippi Legit?
Significant Concerns
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 75% 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: 203559751) is a nonprofit organization based in Mendenhall, MS. The organization reported total revenue of $22K and total assets of $249K 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 micro nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $45K |
| Surplus / Deficit | $-25,172 |
| Total Assets | $273K |
| Net Assets | $273K |
| Operating Margin | -124.0% |
| Months of Reserves | 72.1 months |
Financial Health Grade: B
In 2023, Veterans Of Foreign Wars Of The United States Dept Of Mississippi reported a deficit of $25K with expenses exceeding revenue, holds 72.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Veterans Of Foreign Wars Of The United States Dept Of Mississippi's revenue has declined at a compound annual growth rate (CAGR) of -13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.5% | -13.8% | -8.4% |
| 2022 | +42.9% | +23.4% | -2.5% |
| 2021 | -29.2% | -20.9% | -5.2% |
| 2020 | -29.7% | -23.4% | -5.1% |
| 2019 | -19.0% | -14.3% | -5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1972 |
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 45 out of 100 (Fair). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Veterans Of Foreign Wars Of The United States Dept Of Mississippi allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $25K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is a positive sign for donor confidence and resource allocation.
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 Of Foreign Wars Of The United States Dept Of Mississippi's IRS 990 filings:
- Consistent operating losses: Expenses have frequently exceeded revenue, leading to asset depletion (e.g., $45,480 expenses vs. $20,308 revenue in 2023).
- Significant decline in revenue: Revenue has dropped from $79,671 in 2014 to $20,308 in 2023.
- Steady decrease in assets: Assets have declined from $374,977 in 2014 to $273,211 in 2023, indicating an unsustainable financial trajectory.
Strengths
The following positive indicators were identified for Veterans Of Foreign Wars Of The United States Dept Of Mississippi:
- No officer compensation: Consistently reports 0% officer compensation, indicating efficient use of funds for leadership.
- No reported liabilities: The organization consistently reports $0 in liabilities, suggesting good debt management.
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?
Based on AI analysis of IRS 990 filings, Veterans Of Foreign Wars Of The United States Dept Of Mississippi (EIN: 203559751) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
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 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
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: 203559751). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Veterans Of Foreign Wars Of The United States Dept Of Mississippi financially sustainable?
Based on the provided data, the organization is not financially sustainable. It has consistently spent more than it earned for several years, leading to a significant decline in assets from $374,977 in 2014 to $273,211 in 2023.
Why are the organization's assets decreasing?
Assets are decreasing because the organization's expenses have frequently exceeded its revenue. For example, in 2023, expenses were $45,480 while revenue was only $20,308, resulting in a net loss that draws from existing assets.
What is the trend in the organization's revenue?
The organization's revenue has shown a significant downward trend, decreasing from $79,671 in 2014 to $20,308 in 2023, representing a substantial drop over the decade.
Does the organization pay its officers?
No, the organization consistently reports 0% officer compensation in all available IRS 990 filings, indicating that officers are not paid.
Filing History
IRS 990 filing history for Veterans Of Foreign Wars Of The United States Dept Of Mississippi showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Veterans Of Foreign Wars Of The United States Dept Of Mississippi's revenue has declined by 82.4%, moving from $115K to $20K. Total assets decreased by 28.6% over the same period, from $383K to $273K. Total functional expenses fell by 51.9%, from $95K to $45K. In its most recent filing year (2023), Veterans Of Foreign Wars Of The United States Dept Of Mississippi reported a deficit of $25K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20K | $45K | $273K | $0 | — | — |
| 2022 | $37K | $53K | $298K | $0 | — | View 990 |
| 2021 | $26K | $43K | $306K | $0 | — | — |
| 2020 | $37K | $54K | $323K | $0 | — | View 990 |
| 2019 | $52K | $71K | $340K | $0 | — | View 990 |
| 2018 | $65K | $82K | $358K | $0 | — | View 990 |
| 2017 | $82K | $82K | $376K | $0 | — | View 990 |
| 2016 | $85K | $84K | $376K | $0 | — | View 990 |
| 2015 | $88K | $88K | $375K | $0 | — | View 990 |
| 2014 | $80K | $76K | $375K | $0 | — | View 990 |
| 2013 | $70K | $80K | $372K | $0 | — | View 990 |
| 2012 | $102K | $103K | $382K | $0 | — | View 990 |
| 2011 | $115K | $95K | $383K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20K, expenses of $45K, and assets of $273K (revenue -45.5% year-over-year).
- 2022: Revenue of $37K, expenses of $53K, and assets of $298K (revenue +42.9% year-over-year).
- 2021: Revenue of $26K, expenses of $43K, and assets of $306K (revenue -29.2% year-over-year).
- 2020: Revenue of $37K, expenses of $54K, and assets of $323K (revenue -29.7% year-over-year).
- 2019: Revenue of $52K, expenses of $71K, and assets of $340K (revenue -19.0% year-over-year).
- 2018: Revenue of $65K, expenses of $82K, and assets of $358K (revenue -21.4% year-over-year).
- 2017: Revenue of $82K, expenses of $82K, and assets of $376K (revenue -3.5% year-over-year).
- 2016: Revenue of $85K, expenses of $84K, and assets of $376K (revenue -3.4% year-over-year).
- 2015: Revenue of $88K, expenses of $88K, and assets of $375K (revenue +10.6% year-over-year).
- 2014: Revenue of $80K, expenses of $76K, and assets of $375K (revenue +13.2% year-over-year).
- 2013: Revenue of $70K, expenses of $80K, and assets of $372K (revenue -31.3% year-over-year).
- 2012: Revenue of $102K, expenses of $103K, and assets of $382K (revenue -11.0% year-over-year).
- 2011: Revenue of $115K, expenses of $95K, and assets of $383K.
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.