Voices Of September 11 Inc
Voices Of September 11 Inc shows inconsistent financial performance with recent operating deficits, but reports no officer compensation.
EIN: 161639299 · New Canaan, CT · NTEE: F60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $920K |
| Program Spending | 75% |
| Net Assets | $220K |
| Transparency Score | 75/100 |
Is Voices Of September 11 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 September 11 Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Voices Of September 11 Inc
Voices Of September 11 Inc (EIN: 161639299) is a nonprofit organization based in New Canaan, CT, classified under NTEE code F60. The organization reported total revenue of $1.1M and total assets of $328K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Voices Of September 11 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Voices Of September 11 Inc is a mid-size nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $587K |
| Total Expenses | $920K |
| Surplus / Deficit | $-333,335 |
| Total Assets | $227K |
| Total Liabilities | $7K |
| Net Assets | $220K |
| Operating Margin | -56.8% |
| Debt-to-Asset Ratio | 3.1% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Voices Of September 11 Inc reported a deficit of $333K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 3.1% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Voices Of September 11 Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.4% | -1.1% | -60.4% |
| 2022 | -38.8% | +8.3% | -21.7% |
| 2021 | +132.1% | +25.5% | +70.9% |
| 2020 | -34.6% | +19.0% | -11.1% |
| 2019 | +12.9% | -12.2% | +104.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 September 11 Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Voices Of September 11 Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $333K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a strong positive for transparency and resource allocation.
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 September 11 Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023, 2022, 2020, 2017, 2016) where expenses exceeded revenue.
- Significant decrease in assets from $731,776 in 2021 to $226,854 in 2023, indicating potential financial strain or large expenditures.
Strengths
The following positive indicators were identified for Voices Of September 11 Inc:
- Consistently reports 0% officer compensation, demonstrating a commitment to directing funds to its mission.
- Has a long filing history (14 filings), indicating sustained operation and compliance.
- Experienced periods of strong revenue generation, such as $1,252,774 in 2021 and $985,204 in 2014.
Frequently Asked Questions about Voices Of September 11 Inc
Is Voices Of September 11 Inc a legitimate charity?
Voices Of September 11 Inc (EIN: 161639299) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Voices Of September 11 Inc spend its money?
Voices Of September 11 Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Voices Of September 11 Inc tax-deductible?
Voices Of September 11 Inc is registered as a tax-exempt nonprofit (EIN: 161639299). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Voices Of September 11 Inc's spending goes to programs?
Voices Of September 11 Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Voices Of September 11 Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Voices Of September 11 Inc is above average for NTEE category F60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Voices Of September 11 Inc located?
Voices Of September 11 Inc is headquartered in New Canaan, Connecticut and files with the IRS under EIN 161639299. It is classified under NTEE code F60.
How many years of IRS 990 filings does Voices Of September 11 Inc have?
Voices Of September 11 Inc 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 $1.1M in total revenue.
Is Voices Of September 11 Inc financially stable given recent operating deficits?
The organization has experienced operating deficits in several recent years (e.g., 2023, 2022, 2020, 2017, 2016), where expenses exceeded revenue. While assets have fluctuated, the consistent deficits suggest a need to monitor long-term financial stability and funding strategies.
How does the lack of officer compensation impact the organization?
The 0% officer compensation reported across all filings is a significant positive, indicating that leadership is either volunteer-based or compensated through other means not classified as officer compensation, allowing more funds to be directed towards programs.
What caused the significant drop in assets from $731,776 in 2021 to $226,854 in 2023?
The substantial decrease in assets over two years, from $731,776 in 2021 to $226,854 in 2023, warrants further investigation. This could be due to significant spending, investment losses, or other financial activities not immediately apparent from the summary data.
Filing History
IRS 990 filing history for Voices Of September 11 Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Voices Of September 11 Inc's revenue has declined by 30.7%, moving from $847K to $587K. Total assets decreased by 29.8% over the same period, from $323K to $227K. Total functional expenses rose by 9.8%, from $838K to $920K. In its most recent filing year (2023), Voices Of September 11 Inc reported a deficit of $333K, with expenses exceeding revenue. The organization holds $7K in liabilities against $227K in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $220K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $587K | $920K | $227K | $7K | — | — |
| 2022 | $766K | $930K | $573K | $20K | — | View 990 |
| 2021 | $1.3M | $859K | $732K | $11K | — | View 990 |
| 2020 | $540K | $684K | $428K | $100K | — | View 990 |
| 2019 | $825K | $575K | $482K | $9K | — | View 990 |
| 2018 | $731K | $655K | $236K | $13K | — | View 990 |
| 2017 | $554K | $610K | $193K | $46K | — | View 990 |
| 2016 | $509K | $803K | $207K | $4K | — | View 990 |
| 2015 | $985K | $854K | $539K | $42K | — | View 990 |
| 2014 | $985K | $761K | $407K | $58K | — | View 990 |
| 2013 | $753K | $939K | $146K | $41K | — | View 990 |
| 2012 | $859K | $994K | $298K | $8K | — | View 990 |
| 2011 | $1.0M | $926K | $428K | $3K | — | View 990 |
| 2010 | $847K | $838K | $323K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $587K, expenses of $920K, and assets of $227K (revenue -23.4% year-over-year).
- 2022: Revenue of $766K, expenses of $930K, and assets of $573K (revenue -38.8% year-over-year).
- 2021: Revenue of $1.3M, expenses of $859K, and assets of $732K (revenue +132.1% year-over-year).
- 2020: Revenue of $540K, expenses of $684K, and assets of $428K (revenue -34.6% year-over-year).
- 2019: Revenue of $825K, expenses of $575K, and assets of $482K (revenue +12.9% year-over-year).
- 2018: Revenue of $731K, expenses of $655K, and assets of $236K (revenue +32.0% year-over-year).
- 2017: Revenue of $554K, expenses of $610K, and assets of $193K (revenue +8.9% year-over-year).
- 2016: Revenue of $509K, expenses of $803K, and assets of $207K (revenue -48.3% year-over-year).
- 2015: Revenue of $985K, expenses of $854K, and assets of $539K (revenue -0.1% year-over-year).
- 2014: Revenue of $985K, expenses of $761K, and assets of $407K (revenue +30.8% year-over-year).
- 2013: Revenue of $753K, expenses of $939K, and assets of $146K (revenue -12.3% year-over-year).
- 2012: Revenue of $859K, expenses of $994K, and assets of $298K (revenue -17.2% year-over-year).
- 2011: Revenue of $1.0M, expenses of $926K, and assets of $428K (revenue +22.4% year-over-year).
- 2010: Revenue of $847K, expenses of $838K, and assets of $323K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Voices Of September 11 Inc:
Data Sources and Methodology
This transparency report for Voices Of September 11 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.