Vwm Families Foundation Inc
EIN: 812058803 · Greenwich, CT · NTEE: G01
| Metric | Value |
|---|---|
| Total Revenue | $55K |
| Total Expenses | $6K |
| Net Assets | $61K |
Is Vwm Families Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vwm Families Foundation Inc
Vwm Families Foundation Inc (EIN: 812058803) is a nonprofit organization based in Greenwich, CT, classified under NTEE code G01. The organization reported total revenue of $55K and total assets of $43K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vwm Families Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vwm Families Foundation Inc is a micro nonprofit that has been operating for 10 years, with 4 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $6K |
| Surplus / Deficit | +$61K |
| Total Assets | $174K |
| Total Liabilities | $113K |
| Net Assets | $61K |
| Operating Margin | 90.8% |
| Debt-to-Asset Ratio | 65.1% |
| Months of Reserves | 339.4 months |
Financial Health Grade: A
In 2023, Vwm Families Foundation Inc reported a surplus of $61K with revenue exceeding expenses, holds 339.4 months of operating reserves (strong position), has a debt-to-asset ratio of 65.1% (high leverage).
Financial Trends
Over 4 years of filings (2018–2023), Vwm Families Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.6% | -93.5% | +96.8% |
| 2020 | +24.8% | +776.7% | -43.7% |
| 2019 | -29.9% | -89.4% | +44.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vwm Families Foundation Inc 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 Vwm Families Foundation Inc 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 $61K, with revenue exceeding expenses.
- Debt-to-asset ratio: 65.1%.
Frequently Asked Questions about Vwm Families Foundation Inc
Is Vwm Families Foundation Inc a legitimate charity?
Vwm Families Foundation Inc (EIN: 812058803) is a registered tax-exempt nonprofit based in Connecticut. It has 4 years of IRS 990 filings on record. Total revenue: $55K. No red flags identified. Financial health grade: A.
How does Vwm Families Foundation Inc spend its money?
Vwm Families Foundation Inc reported $55K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Vwm Families Foundation Inc tax-deductible?
Vwm Families Foundation Inc is registered as a tax-exempt nonprofit (EIN: 812058803). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vwm Families Foundation Inc located?
Vwm Families Foundation Inc is headquartered in Greenwich, Connecticut and files with the IRS under EIN 812058803. It is classified under NTEE code G01.
How many years of IRS 990 filings does Vwm Families Foundation Inc have?
Vwm Families Foundation Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $55K in total revenue.
Filing History
IRS 990 filing history for Vwm Families Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2018–2023), Vwm Families Foundation Inc's revenue has declined by 20.9%, moving from $85K to $67K. Total assets increased by 60.5% over the same period, from $108K to $174K. Total functional expenses fell by 93.9%, from $101K to $6K. In its most recent filing year (2023), Vwm Families Foundation Inc reported a surplus of $61K, with revenue exceeding expenses. The organization holds $113K in liabilities against $174K in assets (debt-to-asset ratio: 65.1%), resulting in net assets of $61K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67K | $6K | $174K | $113K | — | View 990 |
| 2020 | $74K | $94K | $88K | $0 | — | — |
| 2019 | $59K | $11K | $157K | $0 | — | View 990 |
| 2018 | $85K | $101K | $108K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $67K, expenses of $6K, and assets of $174K (revenue -9.6% year-over-year).
- 2020: Revenue of $74K, expenses of $94K, and assets of $88K (revenue +24.8% year-over-year).
- 2019: Revenue of $59K, expenses of $11K, and assets of $157K (revenue -29.9% year-over-year).
- 2018: Revenue of $85K, expenses of $101K, and assets of $108K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vwm Families Foundation Inc:
Data Sources and Methodology
This transparency report for Vwm Families 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.