Vietnam Veterans Of America Inc
Vietnam Veterans Of America Inc maintains stable assets but reported a deficit in its latest fiscal period.
EIN: 132929110 · Silver Spring, MD · NTEE: W30Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17.5M |
| Total Expenses | $11.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $18.0M |
| Transparency Score | 85/100 |
Is Vietnam Veterans Of America Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vietnam Veterans Of America Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vietnam Veterans Of America Inc
Vietnam Veterans Of America Inc (EIN: 132929110) is a nonprofit organization based in Silver Spring, MD, classified under NTEE code W30Z. The organization reported total revenue of $17.5M and total assets of $19.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vietnam Veterans Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vietnam Veterans Of America Inc is a large nonprofit that has been operating for 42 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.3M |
| Total Expenses | $11.7M |
| Surplus / Deficit | $-1,402,547 |
| Total Assets | $22.2M |
| Total Liabilities | $4.2M |
| Net Assets | $18.0M |
| Operating Margin | -13.7% |
| Debt-to-Asset Ratio | 19.0% |
| Months of Reserves | 22.8 months |
Financial Health Grade: B
In 2024, Vietnam Veterans Of America Inc reported a deficit of $1.4M with expenses exceeding revenue, holds 22.8 months of operating reserves (strong position), has a debt-to-asset ratio of 19.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2024), Vietnam Veterans Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -9.7% | +7.9% | -5.4% |
| 2023 | +4.2% | +14.7% | +3.1% |
| 2022 | +18.5% | +28.3% | -6.9% |
| 2021 | -17.6% | -23.7% | +22.0% |
| 2020 | +6.6% | +4.5% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Vietnam Veterans Of America 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: 80%
- fundraising: 10%
According to IRS 990 filings, Vietnam Veterans Of America Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with annual revenues exceeding $10 million and suggests a strong commitment to directing funds to its mission.
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 Vietnam Veterans Of America Inc's IRS 990 filings:
- Expenses exceeded revenue by over $1.4 million in the latest fiscal period (202402), indicating a potential operational deficit.
- The consistent 0% officer compensation is highly unusual for an organization of this scale and could warrant further investigation into how leadership is compensated or if there are related entities involved.
Strengths
The following positive indicators were identified for Vietnam Veterans Of America Inc:
- Consistent asset growth over the past decade, reaching $22.1 million in the latest filing, indicating financial stability.
- Strong commitment to transparency regarding executive compensation, with 0% reported officer compensation across all filings.
- Maintained substantial net assets, demonstrating a healthy financial foundation despite revenue and expense fluctuations.
- Long history of IRS 990 filings (12 filings), suggesting consistent compliance and operational longevity.
Frequently Asked Questions about Vietnam Veterans Of America Inc
Is Vietnam Veterans Of America Inc a legitimate charity?
Vietnam Veterans Of America Inc (EIN: 132929110) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $17.5M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Vietnam Veterans Of America Inc spend its money?
Vietnam Veterans Of America Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Vietnam Veterans Of America Inc tax-deductible?
Vietnam Veterans Of America Inc is registered as a tax-exempt nonprofit (EIN: 132929110). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Vietnam Veterans Of America Inc CEO make?
Vietnam Veterans Of America Inc's highest-compensated officer earns $10 annually. The organization reported $17.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Vietnam Veterans Of America Inc's spending goes to programs?
Vietnam Veterans Of America Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vietnam Veterans Of America Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Vietnam Veterans Of America Inc is above average for NTEE category W30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vietnam Veterans Of America Inc located?
Vietnam Veterans Of America Inc is headquartered in Silver Spring, Maryland and files with the IRS under EIN 132929110. It is classified under NTEE code W30Z.
How many years of IRS 990 filings does Vietnam Veterans Of America Inc have?
Vietnam Veterans Of America Inc has 12 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 $17.5M in total revenue.
Why did expenses exceed revenue by over $1.4 million in the 202402 filing?
The 202402 filing shows expenses of $11,677,389 against revenues of $10,274,842, resulting in a deficit. This could be due to one-time investments, increased program costs, or a temporary dip in fundraising, and warrants further investigation into the specific line items.
How does Vietnam Veterans Of America Inc manage to operate without officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. This could imply that officers are volunteers, compensated through a related entity not reflected in these specific filings, or that the compensation is structured in a way that doesn't appear as 'officer compensation' on the 990, which would require deeper scrutiny of the full 990 form.
What is the long-term trend of the organization's liabilities?
Liabilities have fluctuated over the years, ranging from a low of $1,858,162 in 202202 to a high of $5,454,666 in 201602. The latest filing (202402) shows liabilities at $4,207,237, which is within the historical range and appears manageable relative to assets.
Filing History
IRS 990 filing history for Vietnam Veterans Of America Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Vietnam Veterans Of America Inc's revenue has grown by 43.8%, moving from $7.1M to $10.3M. Total assets increased by 81.6% over the same period, from $12.2M to $22.2M. Total functional expenses rose by 53.1%, from $7.6M to $11.7M. In its most recent filing year (2024), Vietnam Veterans Of America Inc reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $4.2M in liabilities against $22.2M in assets (debt-to-asset ratio: 19.0%), resulting in net assets of $18.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $10.3M | $11.7M | $22.2M | $4.2M | — | View 990 |
| 2023 | $11.4M | $10.8M | $23.4M | $4.4M | — | View 990 |
| 2022 | $10.9M | $9.4M | $22.7M | $1.9M | — | View 990 |
| 2021 | $9.2M | $7.4M | $24.4M | $4.0M | — | View 990 |
| 2020 | $11.2M | $9.6M | $20.0M | $3.6M | — | View 990 |
| 2019 | $10.5M | $9.2M | $18.8M | $4.1M | — | View 990 |
| 2018 | $9.9M | $8.8M | $17.7M | $4.6M | — | View 990 |
| 2017 | $8.7M | $8.3M | $16.1M | $4.8M | — | View 990 |
| 2016 | $9.1M | $8.0M | $16.0M | $5.5M | — | View 990 |
| 2015 | $9.6M | $7.8M | $15.4M | $5.1M | — | View 990 |
| 2013 | $8.1M | $7.8M | $12.4M | $5.2M | — | View 990 |
| 2012 | $7.1M | $7.6M | $12.2M | $5.6M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $10.3M, expenses of $11.7M, and assets of $22.2M (revenue -9.7% year-over-year).
- 2023: Revenue of $11.4M, expenses of $10.8M, and assets of $23.4M (revenue +4.2% year-over-year).
- 2022: Revenue of $10.9M, expenses of $9.4M, and assets of $22.7M (revenue +18.5% year-over-year).
- 2021: Revenue of $9.2M, expenses of $7.4M, and assets of $24.4M (revenue -17.6% year-over-year).
- 2020: Revenue of $11.2M, expenses of $9.6M, and assets of $20.0M (revenue +6.6% year-over-year).
- 2019: Revenue of $10.5M, expenses of $9.2M, and assets of $18.8M (revenue +5.7% year-over-year).
- 2018: Revenue of $9.9M, expenses of $8.8M, and assets of $17.7M (revenue +14.0% year-over-year).
- 2017: Revenue of $8.7M, expenses of $8.3M, and assets of $16.1M (revenue -4.1% year-over-year).
- 2016: Revenue of $9.1M, expenses of $8.0M, and assets of $16.0M (revenue -5.4% year-over-year).
- 2015: Revenue of $9.6M, expenses of $7.8M, and assets of $15.4M (revenue +19.1% year-over-year).
- 2013: Revenue of $8.1M, expenses of $7.8M, and assets of $12.4M (revenue +12.8% year-over-year).
- 2012: Revenue of $7.1M, expenses of $7.6M, and assets of $12.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vietnam Veterans Of America Inc:
Data Sources and Methodology
This transparency report for Vietnam Veterans Of America 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.