Vollmer Foundation Inc
Vollmer Foundation shows volatile revenue but consistent zero officer compensation and strong asset base.
EIN: 132620718 · Miami, FL · Updated: 2026-03-28
Is Vollmer Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vollmer Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vollmer Foundation Inc
Vollmer Foundation Inc (EIN: 132620718) is a nonprofit organization based in Miami, FL. The organization reported total revenue of $5.1M and total assets of $13.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vollmer Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vollmer Foundation Inc is a mid-size nonprofit that has been operating for 61 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$287K |
| Total Assets | $11.4M |
| Total Liabilities | $1K |
| Net Assets | $11.4M |
| Operating Margin | 22.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 134.3 months |
Financial Health Grade: A
In 2023, Vollmer Foundation Inc reported a surplus of $287K with revenue exceeding expenses, holds 134.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Vollmer Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -145.7% | +49.4% | -14.0% |
| 2020 | +3384.3% | +165.1% | +5.2% |
| 2019 | -91.6% | -76.5% | +4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1965 |
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 Vollmer Foundation Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Vollmer Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $287K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, directors, or trustees, which is a strong positive for financial efficiency and transparency.
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 Vollmer Foundation Inc's IRS 990 filings:
- Significant revenue volatility, including negative revenue in multiple years (e.g., $-2,487,575 in 2022)
- Extremely high expenses relative to revenue in certain years (e.g., $75,693,722 expenses vs. $32,527,378 revenue in 2014)
Strengths
The following positive indicators were identified for Vollmer Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in executive pay.
- Maintains a strong and stable asset base (e.g., $13,905,985 latest assets), providing long-term financial security.
- Positive operational margin in the latest filing period (202312: Revenue $1,305,047 vs. Expenses $1,018,191).
Frequently Asked Questions about Vollmer Foundation Inc
Is Vollmer Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vollmer Foundation Inc (EIN: 132620718) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Vollmer Foundation Inc spend its money?
Vollmer Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vollmer Foundation Inc tax-deductible?
Vollmer Foundation Inc is registered as a tax-exempt nonprofit (EIN: 132620718). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did the Vollmer Foundation Inc. report negative revenue in 2021 and 2022?
Negative revenue figures, such as $-2,487,575 in 2022 and $-548,403 in 2021, often indicate investment losses or significant asset revaluations rather than a lack of incoming donations or grants. This is common for foundations that primarily operate through an endowment.
How does the Vollmer Foundation Inc. manage to maintain a strong asset base despite periods of high expenses or negative revenue?
The foundation likely relies on a substantial endowment or investment portfolio. While operational revenues and expenses fluctuate, the underlying assets, which were $13,905,985 in the latest period and have been as high as $18,076,226, provide long-term stability and funding capacity.
What is the typical program spending ratio for the Vollmer Foundation Inc.?
Without detailed expense breakdowns in the provided summary, it's difficult to give an exact ratio. However, given the zero officer compensation and the nature of a foundation, it's reasonable to infer a significant portion of expenses are directed towards programs or grants, estimated at 80% in the spending breakdown.
Filing History
IRS 990 filing history for Vollmer Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Vollmer Foundation Inc's revenue has declined by 33.6%, moving from $2.0M to $1.3M. Total assets decreased by 26.8% over the same period, from $15.6M to $11.4M. Total functional expenses fell by 10%, from $1.1M to $1.0M. In its most recent filing year (2023), Vollmer Foundation Inc reported a surplus of $287K, with revenue exceeding expenses. The organization holds $1K in liabilities against $11.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.0M | $11.4M | $1K | — | View 990 |
| 2022 | $-2,487,575 | $1.3M | $11.1M | $530 | — | View 990 |
| 2021 | $-548,403 | $1.2M | $15.0M | $2K | — | — |
| 2020 | $1.2M | $834K | $17.4M | $503K | — | — |
| 2019 | $34K | $315K | $16.6M | $174 | — | View 990 |
| 2015 | $412K | $1.3M | $15.9M | $202 | — | View 990 |
| 2014 | $32.5M | $75.7M | $16.8M | $13K | — | View 990 |
| 2013 | $3.2M | $3.3M | $17.8M | $10K | — | View 990 |
| 2012 | $4.4M | $2.1M | $18.1M | $163K | — | View 990 |
| 2011 | $2.0M | $1.1M | $15.6M | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.0M, and assets of $11.4M.
- 2022: Revenue of $-2,487,575, expenses of $1.3M, and assets of $11.1M.
- 2021: Revenue of $-548,403, expenses of $1.2M, and assets of $15.0M (revenue -145.7% year-over-year).
- 2020: Revenue of $1.2M, expenses of $834K, and assets of $17.4M (revenue +3384.3% year-over-year).
- 2019: Revenue of $34K, expenses of $315K, and assets of $16.6M (revenue -91.6% year-over-year).
- 2015: Revenue of $412K, expenses of $1.3M, and assets of $15.9M (revenue -98.7% year-over-year).
- 2014: Revenue of $32.5M, expenses of $75.7M, and assets of $16.8M (revenue +931.0% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.3M, and assets of $17.8M (revenue -28.3% year-over-year).
- 2012: Revenue of $4.4M, expenses of $2.1M, and assets of $18.1M (revenue +123.7% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.1M, and assets of $15.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vollmer Foundation Inc:
Data Sources and Methodology
This transparency report for Vollmer Foundation 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.