Victoria Sousa Foundation
EIN: 471984297 · Bristol, RI · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $4K |
| Total Expenses | $25K |
| Net Assets | $69K |
Is Victoria Sousa Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Victoria Sousa Foundation
Victoria Sousa Foundation (EIN: 471984297) is a nonprofit organization based in Bristol, RI, classified under NTEE code B82. The organization reported total revenue of $4K and total assets of $68K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Victoria Sousa Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Victoria Sousa Foundation is a micro nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -50.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $123 |
| Total Expenses | $25K |
| Surplus / Deficit | $-25,294 |
| Total Assets | $69K |
| Total Liabilities | $1 |
| Net Assets | $69K |
| Operating Margin | -20564.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 32.8 months |
Financial Health Grade: B
In 2023, Victoria Sousa Foundation reported a deficit of $25K with expenses exceeding revenue, holds 32.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2015–2023), Victoria Sousa Foundation's revenue has declined at a compound annual growth rate (CAGR) of -50.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -98.3% | +734.2% | -26.7% |
| 2022 | -8.4% | -86.9% | +4.7% |
| 2021 | -57.5% | -8.6% | -14.5% |
| 2020 | -51.4% | -39.7% | -6.0% |
| 2019 | -13.0% | +106.0% | +87.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Victoria Sousa Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Victoria Sousa Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Victoria Sousa Foundation
Is Victoria Sousa Foundation a legitimate charity?
Victoria Sousa Foundation (EIN: 471984297) is a registered tax-exempt nonprofit based in Rhode Island. It has 7 years of IRS 990 filings on record. Total revenue: $4K. No red flags identified. Financial health grade: B.
How does Victoria Sousa Foundation spend its money?
Victoria Sousa Foundation reported $4K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Victoria Sousa Foundation tax-deductible?
Victoria Sousa Foundation is registered as a tax-exempt nonprofit (EIN: 471984297). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Victoria Sousa Foundation located?
Victoria Sousa Foundation is headquartered in Bristol, Rhode Island and files with the IRS under EIN 471984297. It is classified under NTEE code B82.
How many years of IRS 990 filings does Victoria Sousa Foundation have?
Victoria Sousa Foundation 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 $4K in total revenue.
Filing History
IRS 990 filing history for Victoria Sousa Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2015–2023), Victoria Sousa Foundation's revenue has declined by 99.6%, moving from $31K to $123. Total assets increased by 92.4% over the same period, from $36K to $69K. Total functional expenses rose by 414%, from $5K to $25K. In its most recent filing year (2023), Victoria Sousa Foundation reported a deficit of $25K, with expenses exceeding revenue. The organization holds $1 in liabilities against $69K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $69K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $123 | $25K | $69K | $1 | — | — |
| 2022 | $7K | $3K | $95K | $1 | — | — |
| 2021 | $8K | $23K | $90K | $1 | — | — |
| 2020 | $19K | $26K | $106K | $1 | — | View 990 |
| 2019 | $39K | $42K | $113K | $1 | — | View 990 |
| 2016 | $44K | $21K | $60K | $0 | — | — |
| 2015 | $31K | $5K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $123, expenses of $25K, and assets of $69K (revenue -98.3% year-over-year).
- 2022: Revenue of $7K, expenses of $3K, and assets of $95K (revenue -8.4% year-over-year).
- 2021: Revenue of $8K, expenses of $23K, and assets of $90K (revenue -57.5% year-over-year).
- 2020: Revenue of $19K, expenses of $26K, and assets of $106K (revenue -51.4% year-over-year).
- 2019: Revenue of $39K, expenses of $42K, and assets of $113K (revenue -13.0% year-over-year).
- 2016: Revenue of $44K, expenses of $21K, and assets of $60K (revenue +41.6% year-over-year).
- 2015: Revenue of $31K, expenses of $5K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Victoria Sousa Foundation:
Data Sources and Methodology
This transparency report for Victoria Sousa 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.