Volunteers Of America Inc
Volunteers Of America Inc (Mobile, AL) consistently operates at a deficit with declining assets and growing liabilities.
EIN: 202351933 · Mobile, AL · Updated: 2026-03-28
Is Volunteers Of America Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Volunteers Of America Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Volunteers Of America Inc
Volunteers Of America Inc (EIN: 202351933) is a nonprofit organization based in Mobile, AL. The organization reported total revenue of $179K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Volunteers Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Volunteers Of America Inc is a small nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $179K |
| Total Expenses | $267K |
| Surplus / Deficit | $-88,085 |
| Total Assets | $2.1M |
| Total Liabilities | $3.5M |
| Net Assets | $-1,323,549 |
| Operating Margin | -49.1% |
| Debt-to-Asset Ratio | 161.6% |
| Months of Reserves | 96.5 months |
Financial Health Grade: C
In 2024, Volunteers Of America Inc reported a deficit of $88K with expenses exceeding revenue, holds 96.5 months of operating reserves (strong position), has a debt-to-asset ratio of 161.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2024), Volunteers Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -2.1% | +5.2% | -4.9% |
| 2023 | +28.1% | -7.7% | -3.4% |
| 2022 | -1.7% | +15.9% | -4.4% |
| 2021 | -18.0% | +23.2% | -4.9% |
| 2020 | +17.5% | -0.4% | +3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7100 |
| 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 Volunteers Of America Inc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Volunteers Of America Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $88K, with expenses exceeding revenue.
- Debt-to-asset ratio: 161.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% in all available filings, indicating that no compensation was paid to officers, which is a positive sign of resource allocation for an organization of its size with annual revenues under $200,000.
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 Volunteers Of America Inc's IRS 990 filings:
- Consistent operating deficits: Expenses have exceeded revenue in every reported period, e.g., $267,358 expenses vs. $179,273 revenue in 2024.
- Declining asset base: Assets have decreased from $3,088,325 in 2014 to $2,149,654 in 2024.
- High and growing liabilities: Liabilities of $3,473,203 in 2024 significantly exceed assets, indicating negative net assets.
- Lack of detailed expense breakdown: The provided data does not allow for a precise assessment of program, administrative, and fundraising spending ratios.
Strengths
The following positive indicators were identified for Volunteers Of America Inc:
- No officer compensation reported: Officer compensation is consistently reported as 0%, indicating resources are not being diverted to executive salaries.
Frequently Asked Questions about Volunteers Of America Inc
Is Volunteers Of America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Volunteers Of America Inc (EIN: 202351933) significant concerns. Mission Score: 40/100. 4 red flags identified, 1 strength noted.
How does Volunteers Of America Inc spend its money?
Volunteers Of America Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Volunteers Of America Inc tax-deductible?
Volunteers Of America Inc is registered as a tax-exempt nonprofit (EIN: 202351933). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Volunteers Of America Inc (Mobile, AL) financially sustainable?
Based on the provided data, the organization is not financially sustainable, as it has consistently reported expenses exceeding revenue for over a decade, leading to a growing deficit and declining assets.
What is the trend in the organization's net assets?
The organization's net assets are negative and have been declining, as liabilities consistently exceed assets, with assets decreasing from $3,088,325 in 2014 to $2,149,654 in 2024, while liabilities remain high.
How does the organization fund its operations given the consistent deficits?
The consistent deficits suggest the organization is either drawing down on reserves (which are declining) or relying on external funding sources not fully captured as 'revenue' in the provided summary, or accumulating debt, as evidenced by the high liabilities.
Filing History
IRS 990 filing history for Volunteers Of America Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Volunteers Of America Inc's revenue has grown by 3.7%, moving from $173K to $179K. Total assets decreased by 34.8% over the same period, from $3.3M to $2.1M. Total functional expenses rose by 21.9%, from $219K to $267K. In its most recent filing year (2024), Volunteers Of America Inc reported a deficit of $88K, with expenses exceeding revenue. The organization holds $3.5M in liabilities against $2.1M in assets (debt-to-asset ratio: 161.6%), resulting in net assets of $-1,323,549.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $179K | $267K | $2.1M | $3.5M | — | — |
| 2023 | $183K | $254K | $2.3M | $3.5M | — | View 990 |
| 2022 | $143K | $275K | $2.3M | $3.5M | — | View 990 |
| 2021 | $145K | $238K | $2.4M | $3.5M | — | View 990 |
| 2020 | $177K | $193K | $2.6M | $3.5M | — | View 990 |
| 2019 | $151K | $194K | $2.5M | $3.4M | — | View 990 |
| 2018 | $164K | $215K | $2.6M | $3.5M | — | View 990 |
| 2016 | $86K | $135K | $2.9M | $3.6M | — | View 990 |
| 2015 | $173K | $254K | $3.0M | $3.6M | — | View 990 |
| 2014 | $169K | $255K | $3.1M | $3.7M | — | View 990 |
| 2013 | $167K | $266K | $3.2M | $3.8M | — | View 990 |
| 2012 | $185K | $269K | $3.4M | $3.8M | — | View 990 |
| 2011 | $173K | $219K | $3.3M | $3.6M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $179K, expenses of $267K, and assets of $2.1M (revenue -2.1% year-over-year).
- 2023: Revenue of $183K, expenses of $254K, and assets of $2.3M (revenue +28.1% year-over-year).
- 2022: Revenue of $143K, expenses of $275K, and assets of $2.3M (revenue -1.7% year-over-year).
- 2021: Revenue of $145K, expenses of $238K, and assets of $2.4M (revenue -18.0% year-over-year).
- 2020: Revenue of $177K, expenses of $193K, and assets of $2.6M (revenue +17.5% year-over-year).
- 2019: Revenue of $151K, expenses of $194K, and assets of $2.5M (revenue -7.9% year-over-year).
- 2018: Revenue of $164K, expenses of $215K, and assets of $2.6M (revenue +89.5% year-over-year).
- 2016: Revenue of $86K, expenses of $135K, and assets of $2.9M (revenue -50.0% year-over-year).
- 2015: Revenue of $173K, expenses of $254K, and assets of $3.0M (revenue +2.5% year-over-year).
- 2014: Revenue of $169K, expenses of $255K, and assets of $3.1M (revenue +1.2% year-over-year).
- 2013: Revenue of $167K, expenses of $266K, and assets of $3.2M (revenue -10.0% year-over-year).
- 2012: Revenue of $185K, expenses of $269K, and assets of $3.4M (revenue +7.2% year-over-year).
- 2011: Revenue of $173K, expenses of $219K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Volunteers Of America Inc:
Data Sources and Methodology
This transparency report for Volunteers Of America 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.