Veterans Of Foreign Wars Post #832
Veterans Of Foreign Wars Post #832 shows declining assets and significant operating deficits in prior years, with current financial status unclear due to $0 reported revenue and assets.
EIN: 10287140 · South Portland, ME · Updated: 2026-03-28
Is Veterans Of Foreign Wars Post #832 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 Post #832 directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Veterans Of Foreign Wars Post #832
Veterans Of Foreign Wars Post #832 (EIN: 10287140) is a nonprofit organization based in South Portland, ME. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Of Foreign Wars Post #832's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Veterans Of Foreign Wars Post #832 with a Mission Score of 40 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 Post #832 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.
Executive Compensation Analysis
No officer compensation was reported in either 2011 or 2012, suggesting a volunteer-led organization, which is positive for minimizing overhead related to executive salaries.
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 Post #832's IRS 990 filings:
- Consistent operating deficits in 2011 and 2012 (e.g., $43,070 deficit in 2012).
- Significant decline in assets from $225,762 in 2011 to $0 in the latest period.
- Latest reporting period shows $0 revenue and $0 assets, raising concerns about current operational status.
Strengths
The following positive indicators were identified for Veterans Of Foreign Wars Post #832:
- No officer compensation reported in 2011 and 2012, indicating volunteer leadership.
- Relatively low liabilities in 2011 and 2012.
Frequently Asked Questions about Veterans Of Foreign Wars Post #832
Is Veterans Of Foreign Wars Post #832 a legitimate charity?
Based on AI analysis of IRS 990 filings, Veterans Of Foreign Wars Post #832 (EIN: 10287140) significant concerns. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.
How does Veterans Of Foreign Wars Post #832 spend its money?
Veterans Of Foreign Wars Post #832 directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Veterans Of Foreign Wars Post #832 tax-deductible?
Veterans Of Foreign Wars Post #832 is registered as a tax-exempt nonprofit (EIN: 10287140). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the reason for the $0 revenue and assets in the latest reporting period?
The provided data shows $0 for both revenue and assets in the latest period, which could indicate the organization has ceased operations, is no longer required to file, or has undergone a significant change not detailed in the provided summary.
How does the organization cover its expenses given the consistent operating deficits in 2011 and 2012?
In 2011 and 2012, expenses significantly exceeded revenue (e.g., $60,454 expenses vs. $17,384 revenue in 2012). This suggests the organization was drawing down on its assets or relying on other undisclosed funding sources to cover operational costs.
What are the specific programs and activities Veterans Of Foreign Wars Post #832 undertakes?
The provided IRS 990 data summary does not detail the specific programs or activities of the organization, only financial figures.
Filing History
IRS 990 filing history for Veterans Of Foreign Wars Post #832 showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2012), Veterans Of Foreign Wars Post #832's revenue has grown by 54.4%, moving from $11K to $17K. Total assets decreased by 19.3% over the same period, from $226K to $182K. Total functional expenses rose by 48.7%, from $41K to $60K. In its most recent filing year (2012), Veterans Of Foreign Wars Post #832 reported a deficit of $43K, with expenses exceeding revenue. The organization holds $1K in liabilities against $182K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $181K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2012 | $17K | $60K | $182K | $1K | — | View 990 |
| 2011 | $11K | $41K | $226K | $2K | — | View 990 |
Data Sources and Methodology
This transparency report for Veterans Of Foreign Wars Post #832 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.