Vranos Foundation
Vranos Foundation shows fluctuating revenues and expenses with no reported officer compensation.
EIN: 133948273 · Pennington, NJ · NTEE: T20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.2M |
| Total Expenses | $3.9M |
| Program Spending | 90% |
| Net Assets | $1.3M |
| Transparency Score | 85/100 |
Is Vranos Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vranos Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vranos Foundation
Vranos Foundation (EIN: 133948273) is a nonprofit organization based in Pennington, NJ, classified under NTEE code T20Z. The organization reported total revenue of $11.2M and total assets of $327K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vranos Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vranos Foundation is a large nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.1M |
| Total Expenses | $3.9M |
| Surplus / Deficit | +$3.3M |
| Total Assets | $1.3M |
| Total Liabilities | $1 |
| Net Assets | $1.3M |
| Operating Margin | 46.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 4.0 months |
Financial Health Grade: A
In 2023, Vranos Foundation reported a surplus of $3.3M with revenue exceeding expenses, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Vranos Foundation's revenue has grown at a compound annual growth rate (CAGR) of 23.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +148.4% | -21.5% | +85.0% |
| 2022 | -51.6% | +46.0% | -83.0% |
| 2021 | +140.3% | +26.6% | +21.5% |
| 2020 | -71.7% | +118.4% | -32.5% |
| 2019 | +122.9% | -67.1% | +686.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Vranos Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Vranos Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $3.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Vranos Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a highly efficient administrative structure, potentially relying on volunteer leadership or external management, which directly benefits program spending.
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 Vranos Foundation's IRS 990 filings:
- Significant year-over-year fluctuations in revenue and expenses, indicating potential instability or reliance on unpredictable funding sources.
- Consistent reporting of $1 in liabilities, which is an unusual accounting practice that warrants further explanation for clarity.
- Latest assets of $327,361 are significantly lower than previous years, such as $4,089,703 in 2021, which could indicate substantial spending or asset divestment without clear explanation in the provided data.
Strengths
The following positive indicators were identified for Vranos Foundation:
- Zero reported officer compensation across all filings, indicating highly efficient administrative spending and a strong focus on program delivery.
- Generally strong program spending, as implied by the lack of executive compensation and the NTEE code for philanthropic activities.
- History of significant revenue generation, with multiple years exceeding $5 million, demonstrating capacity for substantial fundraising.
Frequently Asked Questions about Vranos Foundation
Is Vranos Foundation a legitimate charity?
Vranos Foundation (EIN: 133948273) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $11.2M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Vranos Foundation spend its money?
Vranos Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Vranos Foundation tax-deductible?
Vranos Foundation is registered as a tax-exempt nonprofit (EIN: 133948273). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Vranos Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Vranos Foundation is above average for NTEE category T20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vranos Foundation located?
Vranos Foundation is headquartered in Pennington, New Jersey and files with the IRS under EIN 133948273. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Vranos Foundation have?
Vranos Foundation has 10 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 $11.2M in total revenue.
What accounts for the significant fluctuations in the Vranos Foundation's annual revenue and expenses?
The IRS 990 data shows substantial year-over-year changes, such as revenue dropping from $7,146,014 in 2023 to $2,876,321 in 2022, and then increasing to $5,942,333 in 2021. Understanding the sources of funding and the nature of their grantmaking or program activities would clarify these variations.
Why does the Vranos Foundation consistently report $1 in liabilities in recent filings?
This is an unusual reporting practice. While it indicates minimal debt, it could also be a placeholder or a specific accounting method that requires clarification to ensure full transparency regarding financial obligations.
How does the Vranos Foundation manage its administrative costs given 0% officer compensation?
The absence of officer compensation suggests that administrative functions are either performed by volunteers, covered by other entities, or managed with extremely low overhead. Further details on operational structure would provide insight into how the foundation sustains its activities without executive salaries.
What is the Vranos Foundation's strategy for managing its assets, which have varied significantly?
Assets have ranged from $4,984,730 in 2019 to $327,361 in the latest period. Understanding the investment strategy, spending policies, and any major asset liquidations or acquisitions would explain these fluctuations and their impact on long-term sustainability.
Filing History
IRS 990 filing history for Vranos Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Vranos Foundation's revenue has grown by 1131.7%, moving from $580K to $7.1M. Total assets increased by 187.4% over the same period, from $448K to $1.3M. Total functional expenses rose by 185.1%, from $1.4M to $3.9M. In its most recent filing year (2023), Vranos Foundation reported a surplus of $3.3M, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.1M | $3.9M | $1.3M | $1 | — | — |
| 2022 | $2.9M | $4.9M | $697K | $1 | — | View 990 |
| 2021 | $5.9M | $3.4M | $4.1M | $1 | — | View 990 |
| 2020 | $2.5M | $2.7M | $3.4M | $1 | — | View 990 |
| 2019 | $8.7M | $1.2M | $5.0M | $1 | — | View 990 |
| 2015 | $3.9M | $3.7M | $634K | $0 | — | View 990 |
| 2014 | $3.1M | $2.4M | $1.2M | $0 | — | View 990 |
| 2013 | $2.4M | $2.1M | $1.4M | $0 | — | View 990 |
| 2012 | $2.9M | $1.2M | $1.6M | $0 | — | View 990 |
| 2011 | $580K | $1.4M | $448K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.1M, expenses of $3.9M, and assets of $1.3M (revenue +148.4% year-over-year).
- 2022: Revenue of $2.9M, expenses of $4.9M, and assets of $697K (revenue -51.6% year-over-year).
- 2021: Revenue of $5.9M, expenses of $3.4M, and assets of $4.1M (revenue +140.3% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.7M, and assets of $3.4M (revenue -71.7% year-over-year).
- 2019: Revenue of $8.7M, expenses of $1.2M, and assets of $5.0M (revenue +122.9% year-over-year).
- 2015: Revenue of $3.9M, expenses of $3.7M, and assets of $634K (revenue +26.0% year-over-year).
- 2014: Revenue of $3.1M, expenses of $2.4M, and assets of $1.2M (revenue +27.8% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.1M, and assets of $1.4M (revenue -16.4% year-over-year).
- 2012: Revenue of $2.9M, expenses of $1.2M, and assets of $1.6M (revenue +401.5% year-over-year).
- 2011: Revenue of $580K, expenses of $1.4M, and assets of $448K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vranos Foundation:
Data Sources and Methodology
This transparency report for Vranos Foundation 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.