Vocational Independence Program Vip
EIN: 270864763 · Flint, MI · NTEE: P198
| Metric | Value |
|---|---|
| Total Revenue | $511K |
| Total Expenses | $711K |
| Net Assets | $0 |
Is Vocational Independence Program Vip Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vocational Independence Program Vip
Vocational Independence Program Vip (EIN: 270864763) is a nonprofit organization based in Flint, MI, classified under NTEE code P198. The organization reported total revenue of $511K and total assets of $90K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vocational Independence Program Vip's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vocational Independence Program Vip is a small nonprofit that has been operating for 16 years, with 8 years of IRS 990 filings on record (2012–2019). Revenue has grown at a compound annual rate of -2.7%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $511K |
| Total Expenses | $711K |
| Surplus / Deficit | $-200,553 |
| Total Assets | $90K |
| Total Liabilities | $90K |
| Net Assets | $0 |
| Operating Margin | -39.3% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 1.5 months |
Financial Health Grade: D
In 2019, Vocational Independence Program Vip reported a deficit of $201K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 8 years of filings (2012–2019), Vocational Independence Program Vip's revenue has declined at a compound annual growth rate (CAGR) of -2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -34.9% | -4.4% | -96.3% |
| 2018 | -17.4% | +16.7% | +4.1% |
| 2017 | +60.3% | +4.1% | +19.1% |
| 2016 | -33.8% | +3.9% | +2.3% |
| 2015 | +49.7% | -3.1% | +24.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vocational Independence Program Vip 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 Vocational Independence Program Vip 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $201K, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Vocational Independence Program Vip
Is Vocational Independence Program Vip a legitimate charity?
Based on AI analysis of IRS 990 filings, Vocational Independence Program Vip (EIN: 270864763) insufficient data. 0 red flags identified, 0 strengths noted.
How does Vocational Independence Program Vip spend its money?
Detailed spending breakdown data is not yet available for Vocational Independence Program Vip. Check back for updated IRS 990 analysis.
Are donations to Vocational Independence Program Vip tax-deductible?
Vocational Independence Program Vip is registered as a tax-exempt nonprofit (EIN: 270864763). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vocational Independence Program Vip located?
Vocational Independence Program Vip is headquartered in Flint, Michigan and files with the IRS under EIN 270864763. It is classified under NTEE code P198.
How many years of IRS 990 filings does Vocational Independence Program Vip have?
Vocational Independence Program Vip has 8 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 $511K in total revenue.
Filing History
IRS 990 filing history for Vocational Independence Program Vip showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2019), Vocational Independence Program Vip's revenue has declined by 17.2%, moving from $617K to $511K. Total assets decreased by 93.6% over the same period, from $1.4M to $90K. Total functional expenses rose by 22.7%, from $580K to $711K. In its most recent filing year (2019), Vocational Independence Program Vip reported a deficit of $201K, with expenses exceeding revenue. The organization holds $90K in liabilities against $90K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $511K | $711K | $90K | $90K | — | View 990 |
| 2018 | $784K | $744K | $2.4M | $384K | — | View 990 |
| 2017 | $949K | $637K | $2.3M | $327K | — | — |
| 2016 | $592K | $612K | $1.9M | $268K | — | View 990 |
| 2015 | $894K | $590K | $1.9M | $204K | — | View 990 |
| 2014 | $597K | $609K | $1.5M | $135K | — | View 990 |
| 2013 | $639K | $623K | $1.5M | $70K | — | View 990 |
| 2012 | $617K | $580K | $1.4M | $19K | — | — |
Year-by-Year Financial Summary
- 2019: Revenue of $511K, expenses of $711K, and assets of $90K (revenue -34.9% year-over-year).
- 2018: Revenue of $784K, expenses of $744K, and assets of $2.4M (revenue -17.4% year-over-year).
- 2017: Revenue of $949K, expenses of $637K, and assets of $2.3M (revenue +60.3% year-over-year).
- 2016: Revenue of $592K, expenses of $612K, and assets of $1.9M (revenue -33.8% year-over-year).
- 2015: Revenue of $894K, expenses of $590K, and assets of $1.9M (revenue +49.7% year-over-year).
- 2014: Revenue of $597K, expenses of $609K, and assets of $1.5M (revenue -6.5% year-over-year).
- 2013: Revenue of $639K, expenses of $623K, and assets of $1.5M (revenue +3.5% year-over-year).
- 2012: Revenue of $617K, expenses of $580K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vocational Independence Program Vip:
Data Sources and Methodology
This transparency report for Vocational Independence Program Vip 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.