Vital Connections Of The Midlands Inc
Vital Connections Of The Midlands Inc shows consistent revenue growth and financial stability with no reported officer compensation.
EIN: 141854297 · Columbia, SC · NTEE: P33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $2.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.2M |
| Transparency Score | 90/100 |
Is Vital Connections Of The Midlands Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vital Connections Of The Midlands Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vital Connections Of The Midlands Inc
Vital Connections Of The Midlands Inc (EIN: 141854297) is a nonprofit organization based in Columbia, SC, classified under NTEE code P33. The organization reported total revenue of $2.5M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vital Connections Of The Midlands Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vital Connections Of The Midlands Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$52K |
| Total Assets | $1.5M |
| Total Liabilities | $220K |
| Net Assets | $1.2M |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 15.0% |
| Months of Reserves | 7.6 months |
Financial Health Grade: A
In 2023, Vital Connections Of The Midlands Inc reported a surplus of $52K with revenue exceeding expenses, holds 7.6 months of operating reserves (strong position), has a debt-to-asset ratio of 15.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vital Connections Of The Midlands Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.2% | +12.2% | +14.0% |
| 2022 | -2.7% | +12.4% | +6.8% |
| 2021 | +9.2% | +3.5% | +43.1% |
| 2020 | +13.3% | +3.0% | +104.4% |
| 2019 | -0.1% | -4.1% | +28.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2004 |
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 Vital Connections Of The Midlands Inc with a Mission Score of 90 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, Vital Connections Of The Midlands 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $52K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with over $2 million in annual revenue. This could indicate a volunteer-led executive team or that compensation is categorized differently, warranting further investigation for full transparency.
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 Vital Connections Of The Midlands Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size is unusual and requires further clarification to understand executive compensation practices fully.
Strengths
The following positive indicators were identified for Vital Connections Of The Midlands Inc:
- Consistent revenue growth, increasing from $1.7M in 2014 to $2.3M in 2023, indicating strong financial health.
- Positive net income in most years, with expenses generally below revenue, demonstrating effective financial management.
- Significant asset growth from $447,656 in 2014 to $1,468,645 in 2023, enhancing long-term stability.
- Low liabilities relative to assets, suggesting a strong balance sheet and low financial risk.
Frequently Asked Questions about Vital Connections Of The Midlands Inc
Is Vital Connections Of The Midlands Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vital Connections Of The Midlands Inc (EIN: 141854297) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Vital Connections Of The Midlands Inc spend its money?
Vital Connections Of The Midlands Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vital Connections Of The Midlands Inc tax-deductible?
Vital Connections Of The Midlands Inc is registered as a tax-exempt nonprofit (EIN: 141854297). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Vital Connections Of The Midlands Inc CEO make?
Vital Connections Of The Midlands Inc's highest-compensated officer earns $2 annually. The organization reported $2.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Vital Connections Of The Midlands Inc's spending goes to programs?
Vital Connections Of The Midlands Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vital Connections Of The Midlands Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Vital Connections Of The Midlands Inc is above average for NTEE category P33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vital Connections Of The Midlands Inc located?
Vital Connections Of The Midlands Inc is headquartered in Columbia, South Carolina and files with the IRS under EIN 141854297. It is classified under NTEE code P33.
How many years of IRS 990 filings does Vital Connections Of The Midlands Inc have?
Vital Connections Of The Midlands Inc has 13 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 $2.5M in total revenue.
How does Vital Connections Of The Midlands Inc manage to report 0% officer compensation with over $2 million in revenue?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. It could mean that executive leadership is entirely volunteer-based, or that compensation for key management personnel is categorized under other expense lines (e.g., program staff salaries if executives also perform program duties) and not reported as 'officer compensation' on the 990, or that the organization has a unique operational model. Further review of the full 990, specifically Part VII, Section A, would be needed to clarify this.
What are the specific program activities funded by Vital Connections Of The Midlands Inc?
Based on the NTEE code P33 (Mental Health & Crisis Intervention), Vital Connections Of The Midlands Inc likely focuses on providing mental health services and crisis intervention. To understand the specific programs, a review of the organization's website or the program service accomplishments section (Part III) of their full IRS Form 990 would be necessary.
Is the organization's asset growth sustainable and well-managed?
Yes, the organization's assets have grown significantly from $447,656 in 2014 to $1,468,645 in 2023, while liabilities have remained relatively low and manageable. This indicates a healthy accumulation of resources and sound financial management, suggesting the growth is sustainable.
Filing History
IRS 990 filing history for Vital Connections Of The Midlands Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vital Connections Of The Midlands Inc's revenue has grown by 8%, moving from $2.2M to $2.4M. Total assets increased by 86.2% over the same period, from $789K to $1.5M. Total functional expenses rose by 4.4%, from $2.2M to $2.3M. In its most recent filing year (2023), Vital Connections Of The Midlands Inc reported a surplus of $52K, with revenue exceeding expenses. The organization holds $220K in liabilities against $1.5M in assets (debt-to-asset ratio: 15.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.3M | $1.5M | $220K | — | — |
| 2022 | $2.1M | $2.1M | $1.3M | $116K | — | View 990 |
| 2021 | $2.2M | $1.8M | $1.2M | $104K | — | View 990 |
| 2020 | $2.0M | $1.8M | $843K | $97K | — | View 990 |
| 2019 | $1.8M | $1.7M | $413K | $73K | — | View 990 |
| 2018 | $1.8M | $1.8M | $321K | $58K | — | View 990 |
| 2017 | $2.0M | $2.0M | $371K | $65K | — | View 990 |
| 2016 | $2.0M | $1.9M | $389K | $61K | — | View 990 |
| 2015 | $1.9M | $1.9M | $334K | $104K | — | View 990 |
| 2014 | $1.7M | $1.8M | $448K | $239K | — | View 990 |
| 2013 | $1.8M | $1.6M | $407K | $116K | — | View 990 |
| 2012 | $1.9M | $2.0M | $315K | $197K | — | View 990 |
| 2011 | $2.2M | $2.2M | $789K | $165K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.3M, and assets of $1.5M (revenue +12.2% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.1M, and assets of $1.3M (revenue -2.7% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.8M, and assets of $1.2M (revenue +9.2% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.8M, and assets of $843K (revenue +13.3% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.7M, and assets of $413K (revenue -0.1% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.8M, and assets of $321K (revenue -10.8% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.0M, and assets of $371K (revenue -0.6% year-over-year).
- 2016: Revenue of $2.0M, expenses of $1.9M, and assets of $389K (revenue +2.5% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.9M, and assets of $334K (revenue +13.0% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.8M, and assets of $448K (revenue -6.0% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.6M, and assets of $407K (revenue -2.1% year-over-year).
- 2012: Revenue of $1.9M, expenses of $2.0M, and assets of $315K (revenue -15.2% year-over-year).
- 2011: Revenue of $2.2M, expenses of $2.2M, and assets of $789K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vital Connections Of The Midlands Inc:
Data Sources and Methodology
This transparency report for Vital Connections Of The Midlands 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.