Volunteer Transportation Center Inc
Volunteer Transportation Center Inc shows strong financial growth and efficient spending with no reported officer compensation.
EIN: 161469952 · Watertown, NY · NTEE: P20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.2M |
| Total Expenses | $6.7M |
| Program Spending | 90% |
| Net Assets | $2.0M |
| Transparency Score | 95/100 |
Is Volunteer Transportation Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Volunteer Transportation Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Volunteer Transportation Center Inc
Volunteer Transportation Center Inc (EIN: 161469952) is a nonprofit organization based in Watertown, NY, classified under NTEE code P20Z. The organization reported total revenue of $7.2M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Volunteer Transportation Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Volunteer Transportation Center Inc is a mid-size nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.0M |
| Total Expenses | $6.7M |
| Surplus / Deficit | +$358K |
| Total Assets | $2.4M |
| Total Liabilities | $318K |
| Net Assets | $2.0M |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 13.4% |
| Months of Reserves | 4.2 months |
Financial Health Grade: A
In 2023, Volunteer Transportation Center Inc reported a surplus of $358K with revenue exceeding expenses, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 13.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Volunteer Transportation Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.2% | +10.6% | +4.8% |
| 2022 | +2.2% | +7.7% | +0.5% |
| 2021 | +32.4% | +15.5% | +22.6% |
| 2020 | -14.6% | -13.2% | -11.8% |
| 2019 | -0.1% | +4.2% | -7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Volunteer Transportation Center Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Volunteer Transportation Center Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $358K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of this size and revenue, suggesting exceptional efficiency in leadership costs.
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 Volunteer Transportation Center Inc's IRS 990 filings:
- Unusually low reported liabilities relative to assets, which could warrant further investigation into financial reporting nuances.
- The consistent 0% officer compensation is highly unusual for an organization with over $7 million in revenue and could indicate compensation is reported under other expense categories, or a truly unique volunteer leadership model.
Strengths
The following positive indicators were identified for Volunteer Transportation Center Inc:
- Strong program spending efficiency due to 0% reported officer compensation.
- Consistent and significant revenue growth over the past decade.
- Healthy and growing asset base, indicating financial stability.
- Regularly operates with a financial surplus, demonstrating sound fiscal management.
- Consistent IRS 990 filing history, suggesting good transparency.
Frequently Asked Questions about Volunteer Transportation Center Inc
Is Volunteer Transportation Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Volunteer Transportation Center Inc (EIN: 161469952) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Volunteer Transportation Center Inc spend its money?
Volunteer Transportation Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Volunteer Transportation Center Inc tax-deductible?
Volunteer Transportation Center Inc is registered as a tax-exempt nonprofit (EIN: 161469952). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Volunteer Transportation Center Inc's spending goes to programs?
Volunteer Transportation Center Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Volunteer Transportation Center Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Volunteer Transportation Center Inc is above average for NTEE category P20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Volunteer Transportation Center Inc located?
Volunteer Transportation Center Inc is headquartered in Watertown, New York and files with the IRS under EIN 161469952. It is classified under NTEE code P20Z.
How many years of IRS 990 filings does Volunteer Transportation Center Inc have?
Volunteer Transportation Center 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 $7.2M in total revenue.
Is Volunteer Transportation Center Inc a good charity?
Based on the provided IRS 990 data, Volunteer Transportation Center Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, efficient spending with a high proportion of funds likely going to programs, and a remarkable lack of reported officer compensation.
How has the organization's revenue grown over time?
The organization's revenue has shown significant growth, increasing from $3,758,050 in 2014 to $7,031,753 in 2023, nearly doubling in a decade.
What is the trend in the organization's assets?
Assets have consistently grown, from $938,537 in 2014 to $2,363,418 in 2023, indicating increasing financial capacity and stability.
Does the organization operate with a surplus or deficit?
In recent years, the organization has generally operated with a surplus, for example, a $357,813 surplus in 2023 ($7,031,753 revenue vs. $6,673,940 expenses) and a $121,911 surplus in 2022 ($6,158,884 revenue vs. $6,036,973 expenses), indicating sound financial management.
Filing History
IRS 990 filing history for Volunteer Transportation Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Volunteer Transportation Center Inc's revenue has grown by 358.9%, moving from $1.5M to $7.0M. Total assets increased by 890.5% over the same period, from $239K to $2.4M. Total functional expenses rose by 343.4%, from $1.5M to $6.7M. In its most recent filing year (2023), Volunteer Transportation Center Inc reported a surplus of $358K, with revenue exceeding expenses. The organization holds $318K in liabilities against $2.4M in assets (debt-to-asset ratio: 13.4%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.0M | $6.7M | $2.4M | $318K | — | — |
| 2022 | $6.2M | $6.0M | $2.3M | $567K | — | View 990 |
| 2021 | $6.0M | $5.6M | $2.2M | $349K | — | View 990 |
| 2020 | $4.6M | $4.9M | $1.8M | $367K | — | View 990 |
| 2019 | $5.3M | $5.6M | $2.1M | $560K | — | View 990 |
| 2018 | $5.3M | $5.4M | $2.3M | $506K | — | View 990 |
| 2017 | $4.4M | $4.4M | $2.0M | $198K | — | View 990 |
| 2016 | $4.5M | $4.2M | $1.9M | $161K | — | View 990 |
| 2015 | $4.3M | $3.8M | $1.5M | $160K | — | View 990 |
| 2014 | $3.8M | $3.3M | $939K | $141K | — | View 990 |
| 2013 | $2.1M | $2.0M | $454K | $109K | — | View 990 |
| 2012 | $2.0M | $1.9M | $312K | $69K | — | View 990 |
| 2011 | $1.5M | $1.5M | $239K | $100K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.0M, expenses of $6.7M, and assets of $2.4M (revenue +14.2% year-over-year).
- 2022: Revenue of $6.2M, expenses of $6.0M, and assets of $2.3M (revenue +2.2% year-over-year).
- 2021: Revenue of $6.0M, expenses of $5.6M, and assets of $2.2M (revenue +32.4% year-over-year).
- 2020: Revenue of $4.6M, expenses of $4.9M, and assets of $1.8M (revenue -14.6% year-over-year).
- 2019: Revenue of $5.3M, expenses of $5.6M, and assets of $2.1M (revenue -0.1% year-over-year).
- 2018: Revenue of $5.3M, expenses of $5.4M, and assets of $2.3M (revenue +20.5% year-over-year).
- 2017: Revenue of $4.4M, expenses of $4.4M, and assets of $2.0M (revenue -1.9% year-over-year).
- 2016: Revenue of $4.5M, expenses of $4.2M, and assets of $1.9M (revenue +4.1% year-over-year).
- 2015: Revenue of $4.3M, expenses of $3.8M, and assets of $1.5M (revenue +15.3% year-over-year).
- 2014: Revenue of $3.8M, expenses of $3.3M, and assets of $939K (revenue +76.2% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.0M, and assets of $454K (revenue +7.2% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.9M, and assets of $312K (revenue +29.8% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.5M, and assets of $239K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Volunteer Transportation Center Inc:
Data Sources and Methodology
This transparency report for Volunteer Transportation Center 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.