Vsc Foundation Inc
Vsc Foundation Inc consistently spends nearly all its revenue, with no reported officer compensation.
EIN: 202695709 · Montpelier, VT · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $46K |
| Total Expenses | $41K |
| Program Spending | 90% |
| Net Assets | $3K |
| Transparency Score | 85/100 |
Is Vsc Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vsc Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vsc Foundation Inc
Vsc Foundation Inc (EIN: 202695709) is a nonprofit organization based in Montpelier, VT, classified under NTEE code B11. The organization reported total revenue of $46K and total assets of $52K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vsc Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vsc Foundation Inc is a micro nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $43K |
| Total Expenses | $41K |
| Surplus / Deficit | +$2K |
| Total Assets | $55K |
| Total Liabilities | $52K |
| Net Assets | $3K |
| Operating Margin | 5.3% |
| Debt-to-Asset Ratio | 94.4% |
| Months of Reserves | 16.2 months |
Financial Health Grade: A
In 2023, Vsc Foundation Inc reported a surplus of $2K with revenue exceeding expenses, holds 16.2 months of operating reserves (strong position), has a debt-to-asset ratio of 94.4% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Vsc Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +64.7% | +55.0% | -0.3% |
| 2022 | -70.3% | -70.2% | -36.2% |
| 2021 | -18.6% | -18.4% | +69.5% |
| 2020 | +4.8% | +5.4% | +4576.2% |
| 2019 | -78.7% | -78.8% | -22.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Vsc Foundation Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Vsc Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 94.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds to the organization's mission.
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 Vsc Foundation Inc's IRS 990 filings:
- Limited financial reserves due to spending nearly all revenue annually
- Significant year-over-year fluctuations in revenue and expenses, indicating potential instability in funding sources
Strengths
The following positive indicators were identified for Vsc Foundation Inc:
- Consistent 0% officer compensation, indicating high efficiency in executive overhead
- High program spending ratio, as implied by minimal administrative and fundraising costs
- Transparent financial reporting with consistent filing history
Frequently Asked Questions about Vsc Foundation Inc
Is Vsc Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vsc Foundation Inc (EIN: 202695709) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Vsc Foundation Inc spend its money?
Vsc Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vsc Foundation Inc tax-deductible?
Vsc Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202695709). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vsc Foundation Inc's spending goes to programs?
Vsc Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vsc Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Vsc Foundation Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vsc Foundation Inc located?
Vsc Foundation Inc is headquartered in Montpelier, Vermont and files with the IRS under EIN 202695709. It is classified under NTEE code B11.
How many years of IRS 990 filings does Vsc Foundation Inc have?
Vsc Foundation Inc has 12 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 $46K in total revenue.
Is Vsc Foundation Inc a good charity?
Based on the available data, Vsc Foundation Inc appears to be a good charity, particularly due to its consistent 0% officer compensation and its practice of spending nearly all revenue on its mission. However, its financial stability is somewhat limited by its tendency to spend close to or slightly more than its revenue, which prevents significant reserve building.
How has Vsc Foundation Inc's revenue trended over time?
Vsc Foundation Inc's revenue has fluctuated significantly over the past decade, ranging from a high of $485,089 in 201806 to a low of $26,187 in 202206. The latest reported revenue for 202306 was $43,128, indicating a return to lower levels after a peak in 2018.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation across all 12 available filings, indicating a strong commitment to minimizing administrative overhead related to executive salaries and maximizing funds for programmatic activities.
Filing History
IRS 990 filing history for Vsc Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Vsc Foundation Inc's revenue has declined by 33%, moving from $64K to $43K. Total assets decreased by 16.2% over the same period, from $66K to $55K. Total functional expenses fell by 36.7%, from $64K to $41K. In its most recent filing year (2023), Vsc Foundation Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $52K in liabilities against $55K in assets (debt-to-asset ratio: 94.4%), resulting in net assets of $3K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $43K | $41K | $55K | $52K | — | View 990 |
| 2022 | $26K | $26K | $55K | $55K | — | — |
| 2021 | $88K | $88K | $87K | $86K | — | — |
| 2020 | $108K | $108K | $51K | $50K | — | View 990 |
| 2019 | $103K | $103K | $1K | $35 | — | View 990 |
| 2018 | $485K | $485K | $1K | $1K | — | View 990 |
| 2017 | $145K | $145K | $7K | $7K | — | View 990 |
| 2016 | $203K | $203K | $658 | $35 | — | View 990 |
| 2015 | $33K | $33K | $31K | $0 | — | View 990 |
| 2014 | $34K | $34K | $31K | $0 | — | View 990 |
| 2013 | $31K | $31K | $31K | $0 | — | View 990 |
| 2012 | $64K | $64K | $66K | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $43K, expenses of $41K, and assets of $55K (revenue +64.7% year-over-year).
- 2022: Revenue of $26K, expenses of $26K, and assets of $55K (revenue -70.3% year-over-year).
- 2021: Revenue of $88K, expenses of $88K, and assets of $87K (revenue -18.6% year-over-year).
- 2020: Revenue of $108K, expenses of $108K, and assets of $51K (revenue +4.8% year-over-year).
- 2019: Revenue of $103K, expenses of $103K, and assets of $1K (revenue -78.7% year-over-year).
- 2018: Revenue of $485K, expenses of $485K, and assets of $1K (revenue +234.9% year-over-year).
- 2017: Revenue of $145K, expenses of $145K, and assets of $7K (revenue -28.7% year-over-year).
- 2016: Revenue of $203K, expenses of $203K, and assets of $658 (revenue +509.0% year-over-year).
- 2015: Revenue of $33K, expenses of $33K, and assets of $31K (revenue -2.1% year-over-year).
- 2014: Revenue of $34K, expenses of $34K, and assets of $31K (revenue +11.2% year-over-year).
- 2013: Revenue of $31K, expenses of $31K, and assets of $31K (revenue -52.4% year-over-year).
- 2012: Revenue of $64K, expenses of $64K, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vsc Foundation Inc:
Data Sources and Methodology
This transparency report for Vsc Foundation 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.