Victorias Friends Inc
Victorias Friends Inc maintains zero debt and unpaid officer compensation, with fluctuating revenues and a recent deficit.
EIN: 200604839 · Suwanee, GA · NTEE: P99 · Updated: 2026-03-28
Is Victorias Friends Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Victorias Friends Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Victorias Friends Inc
Victorias Friends Inc (EIN: 200604839) is a nonprofit organization based in Suwanee, GA, classified under NTEE code P99. The organization reported total revenue of $220K and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Victorias Friends Inc'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 Victorias Friends Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Victorias Friends Inc 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.
Executive Compensation Analysis
Victorias Friends Inc consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer channels, which is highly favorable for donor trust and efficient use of funds.
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 Victorias Friends Inc's IRS 990 filings:
- NTEE code P99 (Unknown) reduces clarity on specific program focus.
- Expenses significantly exceeded revenue in the latest filing (202312), leading to a decrease in net assets.
Strengths
The following positive indicators were identified for Victorias Friends Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency and dedication.
- Zero liabilities reported across all filings, demonstrating strong financial management and no debt.
- Consistent filing of IRS Form 990s over 13 periods, showing commitment to transparency and compliance.
- Assets have grown over the long term, from $47,789 in 2014 to $83,029 currently, indicating financial stability.
Frequently Asked Questions about Victorias Friends Inc
Is Victorias Friends Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Victorias Friends Inc (EIN: 200604839) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Victorias Friends Inc spend its money?
Victorias Friends Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Victorias Friends Inc tax-deductible?
Victorias Friends Inc is registered as a tax-exempt nonprofit (EIN: 200604839). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What specific programs does Victorias Friends Inc operate?
The NTEE code P99 (Unknown) does not specify the organization's program area. Further investigation into their website or other public materials would be needed to understand their specific mission and activities.
Why did expenses exceed revenue significantly in the 202312 period?
In the 202312 period, expenses ($145,136) exceeded revenue ($97,307) by $47,829. This could be due to a one-time investment, a temporary dip in donations, or increased program costs. It's an anomaly compared to prior years where revenue generally covered expenses.
How does Victorias Friends Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or their compensation is categorized under other expense lines not reported as officer compensation on the 990 form. This is a strong indicator of dedication and efficiency.
Filing History
IRS 990 filing history for Victorias Friends Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Victorias Friends Inc's revenue has declined by 23.9%, moving from $128K to $97K. Total assets decreased by 11.3% over the same period, from $52K to $46K. Total functional expenses rose by 27.5%, from $114K to $145K. In its most recent filing year (2023), Victorias Friends Inc reported a deficit of $48K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $97K | $145K | $46K | $0 | — | View 990 |
| 2022 | $241K | $236K | $94K | $0 | — | — |
| 2021 | $232K | $218K | $88K | $0 | — | View 990 |
| 2020 | $214K | $195K | $75K | $0 | — | View 990 |
| 2019 | $136K | $124K | $56K | $0 | — | View 990 |
| 2018 | $97K | $121K | $44K | $0 | — | View 990 |
| 2017 | $155K | $148K | $68K | $0 | — | View 990 |
| 2016 | $160K | $159K | $60K | $0 | — | View 990 |
| 2015 | $169K | $157K | $59K | $0 | — | View 990 |
| 2014 | $133K | $117K | $48K | $0 | — | View 990 |
| 2013 | $121K | $138K | $31K | $0 | — | View 990 |
| 2012 | $133K | $136K | $48K | $0 | — | View 990 |
| 2011 | $128K | $114K | $52K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $97K, expenses of $145K, and assets of $46K (revenue -59.6% year-over-year).
- 2022: Revenue of $241K, expenses of $236K, and assets of $94K (revenue +4.0% year-over-year).
- 2021: Revenue of $232K, expenses of $218K, and assets of $88K (revenue +8.3% year-over-year).
- 2020: Revenue of $214K, expenses of $195K, and assets of $75K (revenue +57.2% year-over-year).
- 2019: Revenue of $136K, expenses of $124K, and assets of $56K (revenue +40.1% year-over-year).
- 2018: Revenue of $97K, expenses of $121K, and assets of $44K (revenue -37.4% year-over-year).
- 2017: Revenue of $155K, expenses of $148K, and assets of $68K (revenue -3.0% year-over-year).
- 2016: Revenue of $160K, expenses of $159K, and assets of $60K (revenue -5.3% year-over-year).
- 2015: Revenue of $169K, expenses of $157K, and assets of $59K (revenue +26.9% year-over-year).
- 2014: Revenue of $133K, expenses of $117K, and assets of $48K (revenue +10.0% year-over-year).
- 2013: Revenue of $121K, expenses of $138K, and assets of $31K (revenue -9.0% year-over-year).
- 2012: Revenue of $133K, expenses of $136K, and assets of $48K (revenue +3.9% year-over-year).
- 2011: Revenue of $128K, expenses of $114K, and assets of $52K.
Data Sources and Methodology
This transparency report for Victorias Friends Inc 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.