Vocational Technical Educational Foundation Of Delaware
EIN: 510341061 · Wilmington, DE · NTEE: B80
| Metric | Value |
|---|---|
| Total Revenue | $293K |
| Total Expenses | $103K |
| Net Assets | $1.4M |
Is Vocational Technical Educational Foundation Of Delaware Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vocational Technical Educational Foundation Of Delaware
Vocational Technical Educational Foundation Of Delaware (EIN: 510341061) is a nonprofit organization based in Wilmington, DE, classified under NTEE code B80. The organization reported total revenue of $293K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vocational Technical Educational Foundation Of Delaware's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vocational Technical Educational Foundation Of Delaware is a small nonprofit that has been operating for 34 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $327K |
| Total Expenses | $103K |
| Surplus / Deficit | +$224K |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | 68.5% |
| Months of Reserves | 166.2 months |
Financial Health Grade: A
In 2023, Vocational Technical Educational Foundation Of Delaware reported a surplus of $224K with revenue exceeding expenses, holds 166.2 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Vocational Technical Educational Foundation Of Delaware's revenue has grown at a compound annual growth rate (CAGR) of 12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +105.5% | +18.9% | +33.7% |
| 2022 | +97.8% | +13.2% | -9.2% |
| 2021 | +63.1% | +14.2% | +8.1% |
| 2020 | -5.4% | -49.3% | +8.6% |
| 2019 | -3.4% | -2.5% | +10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vocational Technical Educational Foundation Of Delaware 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 Technical Educational Foundation Of Delaware 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $224K, with revenue exceeding expenses.
Frequently Asked Questions about Vocational Technical Educational Foundation Of Delaware
Is Vocational Technical Educational Foundation Of Delaware a legitimate charity?
Vocational Technical Educational Foundation Of Delaware (EIN: 510341061) is a registered tax-exempt nonprofit based in Delaware. It has 14 years of IRS 990 filings on record. Total revenue: $293K. No red flags identified. Financial health grade: A.
How does Vocational Technical Educational Foundation Of Delaware spend its money?
Vocational Technical Educational Foundation Of Delaware reported $293K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Vocational Technical Educational Foundation Of Delaware tax-deductible?
Vocational Technical Educational Foundation Of Delaware is registered as a tax-exempt nonprofit (EIN: 510341061). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vocational Technical Educational Foundation Of Delaware located?
Vocational Technical Educational Foundation Of Delaware is headquartered in Wilmington, Delaware and files with the IRS under EIN 510341061. It is classified under NTEE code B80.
How many years of IRS 990 filings does Vocational Technical Educational Foundation Of Delaware have?
Vocational Technical Educational Foundation Of Delaware has 14 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 $293K in total revenue.
Filing History
IRS 990 filing history for Vocational Technical Educational Foundation Of Delaware showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Vocational Technical Educational Foundation Of Delaware's revenue has grown by 361.3%, moving from $71K to $327K. Total assets increased by 67.3% over the same period, from $853K to $1.4M. Total functional expenses fell by 10.5%, from $115K to $103K. In its most recent filing year (2023), Vocational Technical Educational Foundation Of Delaware reported a surplus of $224K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $327K | $103K | $1.4M | $0 | — | View 990 |
| 2022 | $159K | $87K | $1.1M | $0 | — | View 990 |
| 2021 | $80K | $77K | $1.2M | $0 | — | View 990 |
| 2020 | $49K | $67K | $1.1M | $0 | — | — |
| 2019 | $52K | $132K | $1.0M | $0 | — | View 990 |
| 2018 | $54K | $135K | $906K | $0 | — | View 990 |
| 2017 | $79K | $172K | $1.0M | $0 | — | View 990 |
| 2016 | $43K | $119K | $1.0M | $0 | — | View 990 |
| 2015 | $108K | $94K | $1.1M | $0 | — | View 990 |
| 2014 | $109K | $106K | $1.1M | $0 | — | View 990 |
| 2013 | $198K | $123K | $1.1M | $0 | — | View 990 |
| 2012 | $159K | $83K | $956K | $0 | — | View 990 |
| 2011 | $86K | $90K | $822K | $0 | — | View 990 |
| 2010 | $71K | $115K | $853K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $327K, expenses of $103K, and assets of $1.4M (revenue +105.5% year-over-year).
- 2022: Revenue of $159K, expenses of $87K, and assets of $1.1M (revenue +97.8% year-over-year).
- 2021: Revenue of $80K, expenses of $77K, and assets of $1.2M (revenue +63.1% year-over-year).
- 2020: Revenue of $49K, expenses of $67K, and assets of $1.1M (revenue -5.4% year-over-year).
- 2019: Revenue of $52K, expenses of $132K, and assets of $1.0M (revenue -3.4% year-over-year).
- 2018: Revenue of $54K, expenses of $135K, and assets of $906K (revenue -31.7% year-over-year).
- 2017: Revenue of $79K, expenses of $172K, and assets of $1.0M (revenue +82.6% year-over-year).
- 2016: Revenue of $43K, expenses of $119K, and assets of $1.0M (revenue -59.8% year-over-year).
- 2015: Revenue of $108K, expenses of $94K, and assets of $1.1M (revenue -0.9% year-over-year).
- 2014: Revenue of $109K, expenses of $106K, and assets of $1.1M (revenue -45.1% year-over-year).
- 2013: Revenue of $198K, expenses of $123K, and assets of $1.1M (revenue +24.4% year-over-year).
- 2012: Revenue of $159K, expenses of $83K, and assets of $956K (revenue +85.5% year-over-year).
- 2011: Revenue of $86K, expenses of $90K, and assets of $822K (revenue +21.2% year-over-year).
- 2010: Revenue of $71K, expenses of $115K, and assets of $853K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vocational Technical Educational Foundation Of Delaware:
Data Sources and Methodology
This transparency report for Vocational Technical Educational Foundation Of Delaware 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.