Vitalogy Foundation
Vitalogy Foundation consistently reports 0% officer compensation amidst fluctuating but growing revenues and assets.
EIN: 201030462 · Nashville, TN · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.5M |
| Total Expenses | $2.0M |
| Program Spending | 90% |
| Net Assets | $3.4M |
| Transparency Score | 92/100 |
Is Vitalogy Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vitalogy Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vitalogy Foundation
Vitalogy Foundation (EIN: 201030462) is a nonprofit organization based in Nashville, TN, classified under NTEE code T21. The organization reported total revenue of $5.5M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vitalogy Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vitalogy Foundation is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$749K |
| Total Assets | $3.4M |
| Total Liabilities | $24K |
| Net Assets | $3.4M |
| Operating Margin | 27.2% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 20.5 months |
Financial Health Grade: A
In 2023, Vitalogy Foundation reported a surplus of $749K with revenue exceeding expenses, holds 20.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vitalogy Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.9% | +8.1% | +28.4% |
| 2022 | +522.7% | +58.4% | +156.8% |
| 2021 | -61.3% | -31.6% | -37.6% |
| 2020 | +13.1% | +4.3% | -15.2% |
| 2019 | -67.9% | -36.6% | -15.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Vitalogy Foundation with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Vitalogy Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $749K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable and directs more funds to programs.
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 Vitalogy Foundation's IRS 990 filings:
- Periods of expenses exceeding revenue in past years (e.g., 2021, 2020, 2019, 2017, 2014) indicate potential reliance on reserves or fluctuating funding.
Strengths
The following positive indicators were identified for Vitalogy Foundation:
- Consistent 0% officer compensation across all filings, demonstrating exceptional financial efficiency and commitment to mission.
- Strong recent revenue growth, with 2023 revenue at $2,755,298 and latest revenue at $5,476,744.
- Significant growth in net assets, from $1,038,176 in 2021 to $6,146,231 currently, indicating financial stability.
- Low liabilities, suggesting prudent financial management and minimal debt burden.
Frequently Asked Questions about Vitalogy Foundation
Is Vitalogy Foundation a legitimate charity?
Vitalogy Foundation (EIN: 201030462) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.5M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Vitalogy Foundation spend its money?
Vitalogy Foundation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Vitalogy Foundation tax-deductible?
Vitalogy Foundation is registered as a tax-exempt nonprofit (EIN: 201030462). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vitalogy Foundation's spending goes to programs?
Vitalogy Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vitalogy Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Vitalogy Foundation is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vitalogy Foundation located?
Vitalogy Foundation is headquartered in Nashville, Tennessee and files with the IRS under EIN 201030462. It is classified under NTEE code T21.
How many years of IRS 990 filings does Vitalogy Foundation have?
Vitalogy Foundation 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 $5.5M in total revenue.
Is Vitalogy Foundation a good charity?
Based on its financial data, particularly the consistent 0% officer compensation and recent positive revenue trends, Vitalogy Foundation appears to be a very good charity in terms of financial efficiency and transparency.
How does Vitalogy Foundation manage its executive compensation?
The Vitalogy Foundation manages executive compensation exceptionally well by reporting 0% officer compensation in all available IRS 990 filings, meaning no salaries are paid to its officers.
What is the trend in Vitalogy Foundation's assets?
Vitalogy Foundation's assets have shown significant growth in recent years, increasing from $1,038,176 in 2021 to $3,422,458 in 2023, and currently stand at $6,146,231, indicating strong financial health.
Has Vitalogy Foundation always had positive net income?
No, Vitalogy Foundation has experienced periods where expenses exceeded revenue, such as in 2021 ($552,354 revenue vs. $1,171,121 expenses) and 2020 ($1,426,136 revenue vs. $1,711,616 expenses), but has generally maintained a strong asset base.
Filing History
IRS 990 filing history for Vitalogy Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vitalogy Foundation's revenue has grown by 288.8%, moving from $709K to $2.8M. Total assets increased by 321.1% over the same period, from $813K to $3.4M. Total functional expenses rose by 450.9%, from $364K to $2.0M. In its most recent filing year (2023), Vitalogy Foundation reported a surplus of $749K, with revenue exceeding expenses. The organization holds $24K in liabilities against $3.4M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.0M | $3.4M | $24K | — | — |
| 2022 | $3.4M | $1.9M | $2.7M | $33K | — | View 990 |
| 2021 | $552K | $1.2M | $1.0M | $10K | — | View 990 |
| 2020 | $1.4M | $1.7M | $1.7M | $7K | — | — |
| 2019 | $1.3M | $1.6M | $2.0M | $17K | — | View 990 |
| 2018 | $3.9M | $2.6M | $2.3M | $80 | — | View 990 |
| 2017 | $273K | $1.1M | $981K | $26K | — | View 990 |
| 2016 | $2.5M | $1.9M | $1.8M | $0 | — | View 990 |
| 2015 | $1.1M | $810K | $1.3M | $0 | — | View 990 |
| 2014 | $886K | $982K | $973K | $0 | — | View 990 |
| 2013 | $1.1M | $660K | $1.1M | $0 | — | View 990 |
| 2012 | $247K | $434K | $626K | $0 | — | View 990 |
| 2011 | $709K | $364K | $813K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.0M, and assets of $3.4M (revenue -19.9% year-over-year).
- 2022: Revenue of $3.4M, expenses of $1.9M, and assets of $2.7M (revenue +522.7% year-over-year).
- 2021: Revenue of $552K, expenses of $1.2M, and assets of $1.0M (revenue -61.3% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.7M, and assets of $1.7M (revenue +13.1% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.6M, and assets of $2.0M (revenue -67.9% year-over-year).
- 2018: Revenue of $3.9M, expenses of $2.6M, and assets of $2.3M (revenue +1339.4% year-over-year).
- 2017: Revenue of $273K, expenses of $1.1M, and assets of $981K (revenue -88.9% year-over-year).
- 2016: Revenue of $2.5M, expenses of $1.9M, and assets of $1.8M (revenue +120.4% year-over-year).
- 2015: Revenue of $1.1M, expenses of $810K, and assets of $1.3M (revenue +26.3% year-over-year).
- 2014: Revenue of $886K, expenses of $982K, and assets of $973K (revenue -19.6% year-over-year).
- 2013: Revenue of $1.1M, expenses of $660K, and assets of $1.1M (revenue +345.9% year-over-year).
- 2012: Revenue of $247K, expenses of $434K, and assets of $626K (revenue -65.1% year-over-year).
- 2011: Revenue of $709K, expenses of $364K, and assets of $813K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vitalogy Foundation:
Data Sources and Methodology
This transparency report for Vitalogy Foundation 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.