Vietnam Veterans Of America Inc
Vietnam Veterans Of America Inc shows volatile revenue and expenses with no officer compensation.
EIN: 20459690 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2K |
| Total Expenses | $3K |
| Program Spending | 80% |
| Net Assets | $9K |
| Transparency Score | 75/100 |
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: 20459690) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $2K and total assets of $10K 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 micro nonprofit that has been operating for 42 years, with 3 years of IRS 990 filings on record (2020–2022). Revenue has grown at a compound annual rate of -39.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $621 |
| Total Expenses | $3K |
| Surplus / Deficit | $-2,175 |
| Total Assets | $9K |
| Net Assets | $9K |
| Operating Margin | -350.2% |
| Months of Reserves | 38.4 months |
Financial Health Grade: B
In 2022, Vietnam Veterans Of America Inc reported a deficit of $2K with expenses exceeding revenue, holds 38.4 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2020–2022), Vietnam Veterans Of America Inc's revenue has declined at a compound annual growth rate (CAGR) of -39.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -68.0% | +2269.5% | -19.5% |
| 2021 | +14.6% | -69.6% | +19.6% |
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 75 out of 100 (Good). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Vietnam Veterans Of America Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization or one where leadership compensation is not a significant financial factor, which is positive for resource allocation.
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:
- Significant volatility in revenue and expenses across reporting periods, making financial predictability challenging.
- Expenses exceeding revenue in the 202202 period without clear explanation in the summary data.
Strengths
The following positive indicators were identified for Vietnam Veterans Of America Inc:
- Zero officer compensation reported across all filings, indicating a volunteer-driven or highly efficient leadership structure.
- Consistently reports zero liabilities, suggesting strong financial management and no outstanding debts.
- Stable asset base relative to its revenue, providing some financial cushion.
Frequently Asked Questions about Vietnam Veterans Of America Inc
Is Vietnam Veterans Of America Inc a legitimate charity?
Vietnam Veterans Of America Inc (EIN: 20459690) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 3 years of IRS 990 filings on record. Total revenue: $2K. 2 red flags identified. 3 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 5%. 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: 20459690). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vietnam Veterans Of America Inc's spending goes to programs?
Vietnam Veterans Of America Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Vietnam Veterans Of America Inc located?
Vietnam Veterans Of America Inc is headquartered in Concord, New Hampshire and files with the IRS under EIN 20459690.
How many years of IRS 990 filings does Vietnam Veterans Of America Inc have?
Vietnam Veterans Of America Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2K in total revenue.
Is Vietnam Veterans Of America Inc a good charity?
Based on the provided data, the organization exhibits strong points like zero officer compensation and no liabilities, suggesting good financial management and a volunteer-driven model. However, the significant fluctuations in revenue and expenses warrant further investigation to understand its operational consistency and funding model.
Why are expenses sometimes higher than revenue?
In the 202202 period, expenses ($2,796) were significantly higher than revenue ($621). This could be due to the organization drawing down on accumulated assets from previous periods, receiving non-cash contributions not reflected in revenue, or experiencing a temporary funding shortfall while maintaining program activities.
What is the organization's primary source of funding?
The provided data only shows total revenue. To understand the primary source of funding (e.g., donations, grants, program service fees), more detailed information from the full IRS 990 filing would be needed.
Filing History
IRS 990 filing history for Vietnam Veterans Of America Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2022), Vietnam Veterans Of America Inc's revenue has declined by 63.4%, moving from $2K to $621. Total assets decreased by 3.8% over the same period, from $9K to $9K. Total functional expenses rose by 620.6%, from $388 to $3K. In its most recent filing year (2022), Vietnam Veterans Of America Inc reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $621 | $3K | $9K | $0 | — | — |
| 2021 | $2K | $118 | $11K | $0 | — | — |
| 2020 | $2K | $388 | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $621, expenses of $3K, and assets of $9K (revenue -68.0% year-over-year).
- 2021: Revenue of $2K, expenses of $118, and assets of $11K (revenue +14.6% year-over-year).
- 2020: Revenue of $2K, expenses of $388, and assets of $9K.
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.