William O Vann Foundation
William O Vann Foundation maintains strong asset base with zero officer compensation and consistent surpluses.
EIN: 203389769 · Birmingham, AL · NTEE: T90 · Updated: 2026-03-28
Is William O Vann Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William O Vann Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William O Vann Foundation
William O Vann Foundation (EIN: 203389769) is a nonprofit organization based in Birmingham, AL, classified under NTEE code T90. The organization reported total revenue of $26K and total assets of $510K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William O Vann Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William O Vann Foundation is a micro nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $17K |
| Surplus / Deficit | +$8K |
| Total Assets | $512K |
| Total Liabilities | $1 |
| Net Assets | $512K |
| Operating Margin | 33.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 369.7 months |
Financial Health Grade: A
In 2023, William O Vann Foundation reported a surplus of $8K with revenue exceeding expenses, holds 369.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), William O Vann Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -71.8% | +9.7% | +1.8% |
| 2022 | +59.7% | -18.6% | +17.2% |
| 2021 | +434.9% | +39.6% | +9.6% |
| 2020 | -14.5% | -33.0% | -0.5% |
| 2019 | -55.9% | -6.8% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 William O Vann Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, William O Vann 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 $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for a foundation of this size.
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.
Strengths
The following positive indicators were identified for William O Vann Foundation:
- Consistent asset growth from $375,129 in 2011 to $509,588 currently.
- Zero reported officer compensation across all filings, indicating high efficiency.
- Minimal liabilities ($1) consistently reported, showing strong financial health.
- Generally operates with a financial surplus, contributing to asset accumulation.
- Consistent filing of IRS Form 990s, demonstrating good transparency.
Frequently Asked Questions about William O Vann Foundation
Is William O Vann Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, William O Vann Foundation (EIN: 203389769) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does William O Vann Foundation spend its money?
William O Vann Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to William O Vann Foundation tax-deductible?
William O Vann Foundation is registered as a tax-exempt nonprofit (EIN: 203389769). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the William O Vann Foundation a good charity?
Based on its financial data, the William O Vann Foundation appears to be a very good charity. It maintains a strong asset base, consistently operates with surpluses, and reports zero officer compensation, indicating high efficiency and a strong commitment to its mission.
How has the foundation's asset base changed over time?
The foundation's assets have shown consistent growth, increasing from $375,129 in 2011 to $509,588 currently, demonstrating effective financial stewardship.
What is the organization's spending efficiency?
The organization demonstrates high spending efficiency, with expenses consistently lower than revenue in most years (e.g., $16,611 expenses vs. $25,060 revenue in 2023), and no reported officer compensation, suggesting a lean operational model.
Filing History
IRS 990 filing history for William O Vann Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), William O Vann Foundation's revenue has grown by 0.4%, moving from $25K to $25K. Total assets increased by 36.4% over the same period, from $375K to $512K. Total functional expenses fell by 8.7%, from $18K to $17K. In its most recent filing year (2023), William O Vann Foundation reported a surplus of $8K, with revenue exceeding expenses. The organization holds $1 in liabilities against $512K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $512K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25K | $17K | $512K | $1 | — | — |
| 2022 | $89K | $15K | $502K | $1 | — | — |
| 2021 | $56K | $19K | $429K | $1 | — | — |
| 2020 | $10K | $13K | $391K | $1 | — | View 990 |
| 2019 | $12K | $20K | $393K | $1 | — | View 990 |
| 2015 | $28K | $21K | $419K | $1 | — | View 990 |
| 2014 | $14K | $24K | $414K | $1 | — | View 990 |
| 2013 | $50K | $28K | $425K | $1 | — | View 990 |
| 2012 | $45K | $19K | $402K | $1 | — | View 990 |
| 2011 | $25K | $18K | $375K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25K, expenses of $17K, and assets of $512K (revenue -71.8% year-over-year).
- 2022: Revenue of $89K, expenses of $15K, and assets of $502K (revenue +59.7% year-over-year).
- 2021: Revenue of $56K, expenses of $19K, and assets of $429K (revenue +434.9% year-over-year).
- 2020: Revenue of $10K, expenses of $13K, and assets of $391K (revenue -14.5% year-over-year).
- 2019: Revenue of $12K, expenses of $20K, and assets of $393K (revenue -55.9% year-over-year).
- 2015: Revenue of $28K, expenses of $21K, and assets of $419K (revenue +100.3% year-over-year).
- 2014: Revenue of $14K, expenses of $24K, and assets of $414K (revenue -72.7% year-over-year).
- 2013: Revenue of $50K, expenses of $28K, and assets of $425K (revenue +11.4% year-over-year).
- 2012: Revenue of $45K, expenses of $19K, and assets of $402K (revenue +81.6% year-over-year).
- 2011: Revenue of $25K, expenses of $18K, and assets of $375K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William O Vann Foundation:
Data Sources and Methodology
This transparency report for William O Vann 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.