Voices Together
Voices Together shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 204612388 · Chapel Hill, NC · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.9M |
| Total Expenses | $2.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $6,870,535. |
| Net Assets | $1.1M |
| Transparency Score | 90/100 |
Is Voices Together Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Voices Together directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Voices Together
Voices Together (EIN: 204612388) is a nonprofit organization based in Chapel Hill, NC, classified under NTEE code O50. The organization reported total revenue of $6.9M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Voices Together's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Voices Together is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$668K |
| Total Assets | $1.2M |
| Total Liabilities | $153K |
| Net Assets | $1.1M |
| Operating Margin | 21.8% |
| Debt-to-Asset Ratio | 12.3% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2023, Voices Together reported a surplus of $668K with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 12.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Voices Together's revenue has grown at a compound annual growth rate (CAGR) of 20.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +97.0% | +14.6% | +173.1% |
| 2022 | -21.8% | +57.8% | -63.8% |
| 2021 | +73.2% | +14.7% | +27.4% |
| 2020 | +11.3% | +50.5% | +169.0% |
| 2019 | +97.9% | +76.9% | +131.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Together 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 Together 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 $668K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.3%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is highly unusual for an organization of its size with latest revenue of $6,870,535.
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 Together's IRS 990 filings:
- Lack of reported officer compensation for an organization of this size, which could indicate compensation is structured in a way that avoids typical reporting or that key leadership is entirely volunteer-based, which is uncommon for sustained growth.
Strengths
The following positive indicators were identified for Voices Together:
- Consistent revenue growth, with latest revenue at $6,870,535 and a significant increase to $3,058,718 in the 202306 period.
- Strong asset accumulation, reaching $5,249,764 overall and $1,243,065 in the 202306 period.
- No reported officer compensation across all filings, suggesting a high dedication of resources to the mission.
- Positive net income in several recent periods (e.g., 202306: Revenue $3,058,718 vs. Expenses $2,391,076), indicating sound financial management.
Frequently Asked Questions about Voices Together
Is Voices Together a legitimate charity?
Voices Together (EIN: 204612388) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Voices Together spend its money?
Voices Together directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Voices Together tax-deductible?
Voices Together is registered as a tax-exempt nonprofit (EIN: 204612388). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Voices Together CEO make?
Voices Together's highest-compensated officer earns $6,870,535. annually. The organization reported $6.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Voices Together's spending goes to programs?
Voices Together directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Voices Together compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Voices Together is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Voices Together located?
Voices Together is headquartered in Chapel Hill, North Carolina and files with the IRS under EIN 204612388. It is classified under NTEE code O50.
How many years of IRS 990 filings does Voices Together have?
Voices Together 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 $6.9M in total revenue.
How does Voices Together manage to operate without reporting any officer compensation?
The provided data consistently shows 0% officer compensation across all filings. This could mean executives are volunteers, compensated through other means not classified as 'officer compensation' on the 990, or the organization has a unique operational structure.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of these expense categories. A full IRS 990 form would be needed to ascertain these specific percentages.
How has Voices Together managed its significant growth in assets and revenue?
Voices Together has demonstrated substantial growth, with revenue increasing from $280,401 in 201709 to $3,058,718 in 202306, and assets growing from $23,356 to $1,243,065 in the same period. This indicates successful fundraising and financial management strategies.
Filing History
IRS 990 filing history for Voices Together showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Voices Together's revenue has grown by 829.1%, moving from $329K to $3.1M. Total assets increased by 3648.5% over the same period, from $33K to $1.2M. Total functional expenses rose by 727.3%, from $289K to $2.4M. In its most recent filing year (2023), Voices Together reported a surplus of $668K, with revenue exceeding expenses. The organization holds $153K in liabilities against $1.2M in assets (debt-to-asset ratio: 12.3%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $2.4M | $1.2M | $153K | — | — |
| 2022 | $1.6M | $2.1M | $455K | $33K | — | View 990 |
| 2021 | $2.0M | $1.3M | $1.3M | $301K | — | View 990 |
| 2020 | $1.1M | $1.2M | $986K | $693K | — | View 990 |
| 2019 | $1.0M | $766K | $367K | $67K | — | View 990 |
| 2018 | $520K | $433K | $158K | $122K | — | View 990 |
| 2017 | $280K | $405K | $23K | $74K | — | View 990 |
| 2016 | $581K | $519K | $112K | $38K | — | View 990 |
| 2015 | $491K | $505K | $62K | $50K | — | View 990 |
| 2014 | $399K | $422K | $73K | $47K | — | View 990 |
| 2013 | $383K | $291K | $100K | $51K | — | View 990 |
| 2012 | $260K | $291K | $15K | $59K | — | View 990 |
| 2011 | $329K | $289K | $33K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $2.4M, and assets of $1.2M (revenue +97.0% year-over-year).
- 2022: Revenue of $1.6M, expenses of $2.1M, and assets of $455K (revenue -21.8% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.3M, and assets of $1.3M (revenue +73.2% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.2M, and assets of $986K (revenue +11.3% year-over-year).
- 2019: Revenue of $1.0M, expenses of $766K, and assets of $367K (revenue +97.9% year-over-year).
- 2018: Revenue of $520K, expenses of $433K, and assets of $158K (revenue +85.6% year-over-year).
- 2017: Revenue of $280K, expenses of $405K, and assets of $23K (revenue -51.7% year-over-year).
- 2016: Revenue of $581K, expenses of $519K, and assets of $112K (revenue +18.4% year-over-year).
- 2015: Revenue of $491K, expenses of $505K, and assets of $62K (revenue +22.9% year-over-year).
- 2014: Revenue of $399K, expenses of $422K, and assets of $73K (revenue +4.4% year-over-year).
- 2013: Revenue of $383K, expenses of $291K, and assets of $100K (revenue +47.3% year-over-year).
- 2012: Revenue of $260K, expenses of $291K, and assets of $15K (revenue -21.1% year-over-year).
- 2011: Revenue of $329K, expenses of $289K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Voices Together:
Data Sources and Methodology
This transparency report for Voices Together 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.