Volusia Flagler County Coalition For The Homeless Inc
Volusia Flagler County Coalition For The Homeless Inc consistently operates near break-even with no reported officer compensation.
EIN: 161649078 · Daytona Beach, FL · NTEE: P85 · Updated: 2026-03-28
Is Volusia Flagler County Coalition For The Homeless Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Volusia Flagler County Coalition For The Homeless Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Volusia Flagler County Coalition For The Homeless Inc
Volusia Flagler County Coalition For The Homeless Inc (EIN: 161649078) is a nonprofit organization based in Daytona Beach, FL, classified under NTEE code P85. The organization reported total revenue of $2.9M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Volusia Flagler County Coalition For The Homeless Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Volusia Flagler County Coalition For The Homeless Inc with a Mission Score of 92 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, Volusia Flagler County Coalition For The Homeless 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual and suggests a volunteer-led or very lean executive structure for an organization with nearly $3 million in annual revenue.
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 Volusia Flagler County Coalition For The Homeless Inc's IRS 990 filings:
- Unusually low liabilities relative to assets in some periods, potentially indicating significant grant funding or specific asset types.
- No reported officer compensation for an organization of this size could indicate reliance on external management or a fully volunteer executive board, which might raise questions about long-term sustainability or professional oversight if not clearly explained.
Strengths
The following positive indicators were identified for Volusia Flagler County Coalition For The Homeless Inc:
- Consistent operation with expenses closely matching revenue, indicating sound financial management.
- Stable asset base, consistently around $2.7 million, providing a solid foundation.
- Zero reported officer compensation across all filings, demonstrating a strong commitment to program spending.
- Decreasing trend in liabilities in recent years, improving financial health.
- Clear alignment between organizational name and NTEE code (Homeless Services).
Frequently Asked Questions about Volusia Flagler County Coalition For The Homeless Inc
Is Volusia Flagler County Coalition For The Homeless Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Volusia Flagler County Coalition For The Homeless Inc (EIN: 161649078) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Volusia Flagler County Coalition For The Homeless Inc spend its money?
Volusia Flagler County Coalition For The Homeless Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Volusia Flagler County Coalition For The Homeless Inc tax-deductible?
Volusia Flagler County Coalition For The Homeless Inc is registered as a tax-exempt nonprofit (EIN: 161649078). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Volusia Flagler County Coalition For The Homeless Inc a good charity?
Based on the available IRS 990 data, the organization appears to be a good charity. It consistently operates with expenses closely matching revenue, maintains stable assets, and notably reports 0% officer compensation, suggesting a strong dedication to its mission.
How has the organization's financial stability changed over time?
The organization has maintained a relatively stable financial position over the past decade. While annual revenues and expenses have fluctuated, they generally track each other closely, preventing significant deficits or surpluses. Assets have remained consistent around $2.7 million, and liabilities have shown a positive trend of reduction in recent years.
What is the trend in the organization's liabilities?
Liabilities have shown a decreasing trend in recent years, from $417,602 in 2021 to $218,452 in 2023, which is a positive indicator of improving financial health and reduced debt burden.
Filing History
IRS 990 filing history for Volusia Flagler County Coalition For The Homeless Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Volusia Flagler County Coalition For The Homeless Inc's revenue has grown by 407.1%, moving from $393K to $2.0M. Total assets increased by 0.4% over the same period, from $2.7M to $2.7M. Total functional expenses rose by 267.2%, from $520K to $1.9M. In its most recent filing year (2023), Volusia Flagler County Coalition For The Homeless Inc reported a surplus of $82K, with revenue exceeding expenses. The organization holds $218K in liabilities against $2.7M in assets (debt-to-asset ratio: 8.1%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.9M | $2.7M | $218K | — | View 990 |
| 2022 | $3.0M | $3.0M | $2.6M | $255K | — | View 990 |
| 2021 | $2.6M | $2.6M | $2.8M | $418K | — | View 990 |
| 2020 | $1.5M | $1.5M | $2.8M | $447K | — | View 990 |
| 2019 | $1.4M | $1.4M | $2.8M | $366K | — | View 990 |
| 2018 | $1.5M | $1.4M | $2.9M | $439K | — | View 990 |
| 2017 | $1.3M | $1.2M | $2.9M | $498K | — | View 990 |
| 2016 | $1.6M | $1.0M | $2.8M | $485K | — | View 990 |
| 2015 | $648K | $713K | $2.3M | $524K | — | View 990 |
| 2014 | $557K | $603K | $2.4M | $489K | — | View 990 |
| 2013 | $471K | $529K | $2.4M | $490K | — | View 990 |
| 2012 | $438K | $619K | $2.5M | $509K | — | View 990 |
| 2011 | $393K | $520K | $2.7M | $523K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.9M, and assets of $2.7M (revenue -34.2% year-over-year).
- 2022: Revenue of $3.0M, expenses of $3.0M, and assets of $2.6M (revenue +16.0% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.6M, and assets of $2.8M (revenue +71.1% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.5M, and assets of $2.8M (revenue +8.3% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $2.8M (revenue -5.9% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.4M, and assets of $2.9M (revenue +19.1% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $2.9M (revenue -20.3% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.0M, and assets of $2.8M (revenue +143.8% year-over-year).
- 2015: Revenue of $648K, expenses of $713K, and assets of $2.3M (revenue +16.3% year-over-year).
- 2014: Revenue of $557K, expenses of $603K, and assets of $2.4M (revenue +18.2% year-over-year).
- 2013: Revenue of $471K, expenses of $529K, and assets of $2.4M (revenue +7.6% year-over-year).
- 2012: Revenue of $438K, expenses of $619K, and assets of $2.5M (revenue +11.3% year-over-year).
- 2011: Revenue of $393K, expenses of $520K, and assets of $2.7M.
Data Sources and Methodology
This transparency report for Volusia Flagler County Coalition For The Homeless 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.