Victory Family School
EIN: 813878939 · Norman, OK · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.2M |
| Net Assets | $169K |
Is Victory Family School Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Victory Family School
Victory Family School (EIN: 813878939) is a nonprofit organization based in Norman, OK, classified under NTEE code B24. The organization reported total revenue of $1.9M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Victory Family School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Victory Family School is a mid-size nonprofit that has been operating for 9 years, with 9 years of IRS 990 filings on record (2017–2024). Revenue has grown at a compound annual rate of 66.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-192,806 |
| Total Assets | $323K |
| Total Liabilities | $154K |
| Net Assets | $169K |
| Operating Margin | -19.1% |
| Debt-to-Asset Ratio | 47.7% |
| Months of Reserves | 3.2 months |
Financial Health Grade: B
In 2024, Victory Family School reported a deficit of $193K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 47.7% (moderate leverage).
Financial Trends
Over 9 years of filings (2017–2024), Victory Family School's revenue has grown at a compound annual growth rate (CAGR) of 66.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +18.8% | +25.8% | -38.4% |
| 2023 | -15.4% | +7.0% | +59.1% |
| 2022 | -1.0% | +19.4% | -29.4% |
| 2021 | +70.2% | +10.3% | +183.5% |
| 2020 | -14.0% | -11.7% | +57.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Victory Family School 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 Victory Family School 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $193K, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.7%.
Frequently Asked Questions about Victory Family School
Is Victory Family School a legitimate charity?
Based on AI analysis of IRS 990 filings, Victory Family School (EIN: 813878939) insufficient data. 0 red flags identified, 0 strengths noted.
How does Victory Family School spend its money?
Detailed spending breakdown data is not yet available for Victory Family School. Check back for updated IRS 990 analysis.
Are donations to Victory Family School tax-deductible?
Victory Family School is registered as a tax-exempt nonprofit (EIN: 813878939). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Victory Family School located?
Victory Family School is headquartered in Norman, Oklahoma and files with the IRS under EIN 813878939. It is classified under NTEE code B24.
How many years of IRS 990 filings does Victory Family School have?
Victory Family School has 9 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for Victory Family School showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2017–2024), Victory Family School's revenue has grown by 3401.7%, moving from $29K to $1.0M. Total assets increased by 577.2% over the same period, from $48K to $323K. Total functional expenses rose by 4618.2%, from $25K to $1.2M. In its most recent filing year (2024), Victory Family School reported a deficit of $193K, with expenses exceeding revenue. The organization holds $154K in liabilities against $323K in assets (debt-to-asset ratio: 47.7%), resulting in net assets of $169K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.0M | $1.2M | $323K | $154K | — | View 990 |
| 2023 | $848K | $954K | $524K | $162K | — | View 990 |
| 2022 | $1.0M | $891K | $329K | $106K | — | View 990 |
| 2021 | $1.0M | $746K | $466K | $354K | — | View 990 |
| 2020 | $595K | $676K | $164K | $319K | — | — |
| 2019 | $692K | $766K | $105K | $177K | — | View 990 |
| 2018 | $277K | $278K | $172K | $170K | — | View 990 |
| 2017 | $192K | $164K | $33K | $5K | — | View 990 |
| 2017 | $29K | $25K | $48K | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.0M, expenses of $1.2M, and assets of $323K (revenue +18.8% year-over-year).
- 2023: Revenue of $848K, expenses of $954K, and assets of $524K (revenue -15.4% year-over-year).
- 2022: Revenue of $1.0M, expenses of $891K, and assets of $329K (revenue -1.0% year-over-year).
- 2021: Revenue of $1.0M, expenses of $746K, and assets of $466K (revenue +70.2% year-over-year).
- 2020: Revenue of $595K, expenses of $676K, and assets of $164K (revenue -14.0% year-over-year).
- 2019: Revenue of $692K, expenses of $766K, and assets of $105K (revenue +149.6% year-over-year).
- 2018: Revenue of $277K, expenses of $278K, and assets of $172K (revenue +44.6% year-over-year).
- 2017: Revenue of $192K, expenses of $164K, and assets of $33K (revenue +566.0% year-over-year).
- 2017: Revenue of $29K, expenses of $25K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Victory Family School:
Data Sources and Methodology
This transparency report for Victory Family School 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.