Voluntary Employees Beneficiary Tr
EIN: 237296050 · Honolulu, HI
| Metric | Value |
|---|---|
| Total Revenue | $10.7M |
| Total Expenses | $6.4M |
| Net Assets | $23.1M |
Is Voluntary Employees Beneficiary Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Voluntary Employees Beneficiary Tr
Voluntary Employees Beneficiary Tr (EIN: 237296050) is a nonprofit organization based in Honolulu, HI. The organization reported total revenue of $10.7M and total assets of $25.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Voluntary Employees Beneficiary Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Voluntary Employees Beneficiary Tr is a large nonprofit that has been operating for 39 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -15.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.6M |
| Total Expenses | $6.4M |
| Surplus / Deficit | $-770,807 |
| Total Assets | $23.6M |
| Total Liabilities | $474K |
| Net Assets | $23.1M |
| Operating Margin | -13.7% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 44.3 months |
Financial Health Grade: B
In 2023, Voluntary Employees Beneficiary Tr reported a deficit of $771K with expenses exceeding revenue, holds 44.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Voluntary Employees Beneficiary Tr's revenue has declined at a compound annual growth rate (CAGR) of -15.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.5% | +0.4% | +0.8% |
| 2022 | -11.9% | +8.7% | -13.6% |
| 2021 | +53.4% | +4.0% | +15.5% |
| 2020 | -0.1% | +11.3% | +1.8% |
| 2019 | +2.8% | +3.7% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Voluntary Employees Beneficiary Tr 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 Voluntary Employees Beneficiary Tr 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 deficit of $771K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.0%.
Frequently Asked Questions about Voluntary Employees Beneficiary Tr
Is Voluntary Employees Beneficiary Tr a legitimate charity?
Voluntary Employees Beneficiary Tr (EIN: 237296050) is a registered tax-exempt nonprofit based in Hawaii. It has 11 years of IRS 990 filings on record. Total revenue: $10.7M. No red flags identified. Financial health grade: B.
How does Voluntary Employees Beneficiary Tr spend its money?
Voluntary Employees Beneficiary Tr reported $10.7M in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Voluntary Employees Beneficiary Tr tax-deductible?
Voluntary Employees Beneficiary Tr is registered as a tax-exempt nonprofit (EIN: 237296050). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Voluntary Employees Beneficiary Tr located?
Voluntary Employees Beneficiary Tr is headquartered in Honolulu, Hawaii and files with the IRS under EIN 237296050.
How many years of IRS 990 filings does Voluntary Employees Beneficiary Tr have?
Voluntary Employees Beneficiary Tr has 11 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 $10.7M in total revenue.
Filing History
IRS 990 filing history for Voluntary Employees Beneficiary Tr showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Voluntary Employees Beneficiary Tr's revenue has declined by 86%, moving from $40.2M to $5.6M. Total assets decreased by 2.9% over the same period, from $24.3M to $23.6M. Total functional expenses fell by 83.6%, from $39.0M to $6.4M. In its most recent filing year (2023), Voluntary Employees Beneficiary Tr reported a deficit of $771K, with expenses exceeding revenue. The organization holds $474K in liabilities against $23.6M in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $23.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.6M | $6.4M | $23.6M | $474K | — | View 990 |
| 2022 | $6.7M | $6.4M | $23.4M | $473K | — | — |
| 2021 | $7.6M | $5.8M | $27.0M | $511K | — | View 990 |
| 2020 | $5.0M | $5.6M | $23.4M | $460K | — | — |
| 2019 | $5.0M | $5.1M | $23.0M | $388K | — | View 990 |
| 2018 | $4.8M | $4.9M | $23.2M | $362K | — | View 990 |
| 2017 | $5.1M | $4.8M | $23.0M | $369K | — | View 990 |
| 2016 | $4.2M | $4.8M | $22.2M | $371K | — | View 990 |
| 2013 | $4.8M | $4.0M | $22.2M | $291K | — | View 990 |
| 2012 | $3.9M | $4.2M | $21.4M | $513K | — | View 990 |
| 2011 | $40.2M | $39.0M | $24.3M | $3.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.6M, expenses of $6.4M, and assets of $23.6M (revenue -16.5% year-over-year).
- 2022: Revenue of $6.7M, expenses of $6.4M, and assets of $23.4M (revenue -11.9% year-over-year).
- 2021: Revenue of $7.6M, expenses of $5.8M, and assets of $27.0M (revenue +53.4% year-over-year).
- 2020: Revenue of $5.0M, expenses of $5.6M, and assets of $23.4M (revenue -0.1% year-over-year).
- 2019: Revenue of $5.0M, expenses of $5.1M, and assets of $23.0M (revenue +2.8% year-over-year).
- 2018: Revenue of $4.8M, expenses of $4.9M, and assets of $23.2M (revenue -4.4% year-over-year).
- 2017: Revenue of $5.1M, expenses of $4.8M, and assets of $23.0M (revenue +21.5% year-over-year).
- 2016: Revenue of $4.2M, expenses of $4.8M, and assets of $22.2M (revenue -13.6% year-over-year).
- 2013: Revenue of $4.8M, expenses of $4.0M, and assets of $22.2M (revenue +23.2% year-over-year).
- 2012: Revenue of $3.9M, expenses of $4.2M, and assets of $21.4M (revenue -90.3% year-over-year).
- 2011: Revenue of $40.2M, expenses of $39.0M, and assets of $24.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Voluntary Employees Beneficiary Tr:
Data Sources and Methodology
This transparency report for Voluntary Employees Beneficiary Tr 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.