Voices Of Community Activists & Leaders Vocal Ny Inc
Voices Of Community Activists & Leaders Vocal NY Inc shows consistent revenue and asset growth with zero reported officer compensation.
EIN: 134094385 · Brooklyn, NY · NTEE: E60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.1M |
| Total Expenses | $8.3M |
| Program Spending | 85% |
| Net Assets | $7.0M |
| Transparency Score | 90/100 |
Is Voices Of Community Activists & Leaders Vocal Ny Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Voices Of Community Activists & Leaders Vocal Ny Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Voices Of Community Activists & Leaders Vocal Ny Inc
Voices Of Community Activists & Leaders Vocal Ny Inc (EIN: 134094385) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code E60. The organization reported total revenue of $13.1M and total assets of $16.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Voices Of Community Activists & Leaders Vocal Ny Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Voices Of Community Activists & Leaders Vocal Ny Inc is a large nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.6M |
| Total Expenses | $8.3M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $15.5M |
| Total Liabilities | $8.5M |
| Net Assets | $7.0M |
| Operating Margin | 13.2% |
| Debt-to-Asset Ratio | 54.8% |
| Months of Reserves | 22.5 months |
Financial Health Grade: A
In 2023, Voices Of Community Activists & Leaders Vocal Ny Inc reported a surplus of $1.3M with revenue exceeding expenses, holds 22.5 months of operating reserves (strong position), has a debt-to-asset ratio of 54.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Voices Of Community Activists & Leaders Vocal Ny Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.1% | +33.1% | +53.1% |
| 2022 | +1.8% | +26.5% | +25.4% |
| 2021 | +39.0% | +31.3% | +97.3% |
| 2020 | +55.5% | +31.6% | +126.8% |
| 2019 | +7.9% | +6.7% | +17.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Voices Of Community Activists & Leaders Vocal Ny 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, Voices Of Community Activists & Leaders Vocal Ny 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 $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 54.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers or that it was negligible and not reported, which is highly unusual for an organization of this size and revenue, suggesting a strong commitment to directing 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 Voices Of Community Activists & Leaders Vocal Ny Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size could warrant further investigation to understand the full compensation structure, as it is highly unusual.
Strengths
The following positive indicators were identified for Voices Of Community Activists & Leaders Vocal Ny Inc:
- Consistent and significant revenue growth, from $1,052,339 in 2014 to $9,551,759 in 2023.
- Strong asset accumulation, with assets growing from $815,960 in 2014 to $15,544,978 in 2023.
- Expenses consistently lower than revenue, indicating sound financial management.
- Zero reported officer compensation across all filings, suggesting a high dedication to program spending and transparency.
- Positive net assets (Assets - Liabilities) consistently increasing, demonstrating long-term financial health.
Frequently Asked Questions about Voices Of Community Activists & Leaders Vocal Ny Inc
Is Voices Of Community Activists & Leaders Vocal Ny Inc a legitimate charity?
Voices Of Community Activists & Leaders Vocal Ny Inc (EIN: 134094385) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $13.1M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Voices Of Community Activists & Leaders Vocal Ny Inc spend its money?
Voices Of Community Activists & Leaders Vocal Ny Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Voices Of Community Activists & Leaders Vocal Ny Inc tax-deductible?
Voices Of Community Activists & Leaders Vocal Ny Inc is registered as a tax-exempt nonprofit (EIN: 134094385). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Voices Of Community Activists & Leaders Vocal Ny Inc's spending goes to programs?
Voices Of Community Activists & Leaders Vocal Ny Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Voices Of Community Activists & Leaders Vocal Ny Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Voices Of Community Activists & Leaders Vocal Ny Inc is above average for NTEE category E60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Voices Of Community Activists & Leaders Vocal Ny Inc located?
Voices Of Community Activists & Leaders Vocal Ny Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 134094385. It is classified under NTEE code E60.
How many years of IRS 990 filings does Voices Of Community Activists & Leaders Vocal Ny Inc have?
Voices Of Community Activists & Leaders Vocal Ny 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 $13.1M in total revenue.
Is Voices Of Community Activists & Leaders Vocal Ny Inc financially stable?
Yes, the organization appears financially stable, with consistent revenue growth from $1,052,339 in 2014 to $9,551,759 in 2023, and assets growing from $815,960 to $15,544,978 over the same period. Their expenses are consistently lower than their revenue, allowing for asset accumulation.
How has the organization's financial health changed over the last decade?
The organization has experienced significant financial growth over the last decade, with revenue increasing nearly tenfold and assets growing by over eighteen times, indicating robust expansion and successful fundraising efforts.
What is the organization's approach to executive compensation?
Voices Of Community Activists & Leaders Vocal Ny Inc consistently reports 0% officer compensation in all available filings, suggesting a highly frugal approach to executive pay or a volunteer-driven leadership structure, which is a strong indicator of transparency and mission focus.
Filing History
IRS 990 filing history for Voices Of Community Activists & Leaders Vocal Ny Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Voices Of Community Activists & Leaders Vocal Ny Inc's revenue has grown by 1192.6%, moving from $739K to $9.6M. Total assets increased by 3514.4% over the same period, from $430K to $15.5M. Total functional expenses rose by 1266%, from $607K to $8.3M. In its most recent filing year (2023), Voices Of Community Activists & Leaders Vocal Ny Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $8.5M in liabilities against $15.5M in assets (debt-to-asset ratio: 54.8%), resulting in net assets of $7.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9.6M | $8.3M | $15.5M | $8.5M | — | — |
| 2022 | $6.8M | $6.2M | $10.2M | $4.4M | — | View 990 |
| 2021 | $6.7M | $4.9M | $8.1M | $2.7M | — | View 990 |
| 2020 | $4.8M | $3.7M | $4.1M | $711K | — | View 990 |
| 2019 | $3.1M | $2.9M | $1.8M | $134K | — | View 990 |
| 2018 | $2.9M | $2.7M | $1.5M | $109K | — | View 990 |
| 2017 | $2.2M | $2.1M | $1.3M | $56K | — | — |
| 2016 | $1.7M | $1.6M | $1.1M | $52K | — | View 990 |
| 2015 | $1.4M | $1.2M | $1.0M | $64K | — | View 990 |
| 2014 | $1.1M | $1.0M | $816K | $38K | — | View 990 |
| 2013 | $1.2M | $947K | $804K | $31K | — | View 990 |
| 2012 | $918K | $780K | $580K | $18K | — | View 990 |
| 2011 | $739K | $607K | $430K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.6M, expenses of $8.3M, and assets of $15.5M (revenue +40.1% year-over-year).
- 2022: Revenue of $6.8M, expenses of $6.2M, and assets of $10.2M (revenue +1.8% year-over-year).
- 2021: Revenue of $6.7M, expenses of $4.9M, and assets of $8.1M (revenue +39.0% year-over-year).
- 2020: Revenue of $4.8M, expenses of $3.7M, and assets of $4.1M (revenue +55.5% year-over-year).
- 2019: Revenue of $3.1M, expenses of $2.9M, and assets of $1.8M (revenue +7.9% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.7M, and assets of $1.5M (revenue +28.6% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.1M, and assets of $1.3M (revenue +34.9% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.6M, and assets of $1.1M (revenue +16.9% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.2M, and assets of $1.0M (revenue +34.6% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $816K (revenue -9.1% year-over-year).
- 2013: Revenue of $1.2M, expenses of $947K, and assets of $804K (revenue +26.1% year-over-year).
- 2012: Revenue of $918K, expenses of $780K, and assets of $580K (revenue +24.3% year-over-year).
- 2011: Revenue of $739K, expenses of $607K, and assets of $430K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Voices Of Community Activists & Leaders Vocal Ny Inc:
Data Sources and Methodology
This transparency report for Voices Of Community Activists & Leaders Vocal Ny 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.