Vrc Educational And Scholarship Program
EIN: 300162334 · Shreveport, LA · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $596K |
| Total Expenses | $6K |
| Net Assets | $473K |
Is Vrc Educational And Scholarship Program Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vrc Educational And Scholarship Program
Vrc Educational And Scholarship Program (EIN: 300162334) is a nonprofit organization based in Shreveport, LA, classified under NTEE code B82. The organization reported total revenue of $596K and total assets of $581K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vrc Educational And Scholarship Program's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vrc Educational And Scholarship Program is a small nonprofit that has been operating for 23 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $6K |
| Surplus / Deficit | +$78K |
| Total Assets | $473K |
| Total Liabilities | $1 |
| Net Assets | $473K |
| Operating Margin | 92.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 904.8 months |
Financial Health Grade: A
In 2023, Vrc Educational And Scholarship Program reported a surplus of $78K with revenue exceeding expenses, holds 904.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Vrc Educational And Scholarship Program's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2080.5% | -11.6% | +127.3% |
| 2022 | -98.2% | +59.3% | -25.2% |
| 2019 | -456.4% | -38.2% | -53.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vrc Educational And Scholarship Program 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 Vrc Educational And Scholarship Program 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 surplus of $78K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Vrc Educational And Scholarship Program
Is Vrc Educational And Scholarship Program a legitimate charity?
Based on AI analysis of IRS 990 filings, Vrc Educational And Scholarship Program (EIN: 300162334) insufficient data. 0 red flags identified, 0 strengths noted.
How does Vrc Educational And Scholarship Program spend its money?
Detailed spending breakdown data is not yet available for Vrc Educational And Scholarship Program. Check back for updated IRS 990 analysis.
Are donations to Vrc Educational And Scholarship Program tax-deductible?
Vrc Educational And Scholarship Program is registered as a tax-exempt nonprofit (EIN: 300162334). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vrc Educational And Scholarship Program located?
Vrc Educational And Scholarship Program is headquartered in Shreveport, Louisiana and files with the IRS under EIN 300162334. It is classified under NTEE code B82.
How many years of IRS 990 filings does Vrc Educational And Scholarship Program have?
Vrc Educational And Scholarship Program has 9 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 $596K in total revenue.
Filing History
IRS 990 filing history for Vrc Educational And Scholarship Program showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Vrc Educational And Scholarship Program's revenue has grown by 338.2%, moving from $19K to $84K. Total assets increased by 57.4% over the same period, from $300K to $473K. Total functional expenses rose by 52.1%, from $4K to $6K. In its most recent filing year (2023), Vrc Educational And Scholarship Program reported a surplus of $78K, with revenue exceeding expenses. The organization holds $1 in liabilities against $473K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $473K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84K | $6K | $473K | $1 | — | View 990 |
| 2022 | $4K | $7K | $208K | $1 | — | View 990 |
| 2021 | $210K | $4K | $278K | $1 | — | View 990 |
| 2020 | $-222,518 | $2K | $136K | $0 | — | — |
| 2019 | $-106,116 | $10K | $213K | $1 | — | — |
| 2014 | $30K | $16K | $458K | $0 | — | View 990 |
| 2013 | $91K | $229 | $478K | $0 | — | View 990 |
| 2012 | $45K | $2K | $378K | $0 | — | View 990 |
| 2011 | $19K | $4K | $300K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $84K, expenses of $6K, and assets of $473K (revenue +2080.5% year-over-year).
- 2022: Revenue of $4K, expenses of $7K, and assets of $208K (revenue -98.2% year-over-year).
- 2021: Revenue of $210K, expenses of $4K, and assets of $278K.
- 2020: Revenue of $-222,518, expenses of $2K, and assets of $136K.
- 2019: Revenue of $-106,116, expenses of $10K, and assets of $213K (revenue -456.4% year-over-year).
- 2014: Revenue of $30K, expenses of $16K, and assets of $458K (revenue -67.2% year-over-year).
- 2013: Revenue of $91K, expenses of $229, and assets of $478K (revenue +102.9% year-over-year).
- 2012: Revenue of $45K, expenses of $2K, and assets of $378K (revenue +132.6% year-over-year).
- 2011: Revenue of $19K, expenses of $4K, and assets of $300K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vrc Educational And Scholarship Program:
Data Sources and Methodology
This transparency report for Vrc Educational And Scholarship Program 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.