V & S Foundation Inc is a 501(c)(3) organization based in Gaithersburg, Maryland, registered in 2008, with $72,721 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$73K
▲ 776.5% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$102K
Net assets
$119K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for V & S Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For V & S Foundation Inc: 14 mo reserves · -41% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for V & S Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For V & S Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $276K (FY2014) to $73K (FY2023) across 10 reported years.
Financial snapshot
Operating margin
-40.7%
Spent more than it raised in the latest fiscal year.
Total assets
$119K
Total liabilities
$0
Net assets
$119K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $72,721▲776% | $102,310▼69.5% | $118,659▲14.6% | $118,659▲14.6% | 990PF |
| 2022 | -$10,750▼105% | $335,265▼26.3% | $103,510▼77.8% | $103,510▼77.8% | 990PF |
| 2021 | $231,111▲13.7% | $454,604▼11.0% | $465,279▼52.8% | $465,279▼52.8% | 990PF |
| 2020 | $203,201▲110% | $510,716▼29.4% | $984,798▼18.8% | $984,798▼18.8% | 990PF |
| 2019 | $96,574▼56.7% | $723,115▲20.8% | $1,212,675▼37.4% | $1,212,675▼37.4% | 990PF |
| 2018 | $222,937▲28.9% | $598,784▲35.9% | $1,937,788▼19.7% | $1,937,788▼19.7% | 990PF |
| 2017 | $172,946▼17.4% | $440,766▲55.8% | $2,412,592▼7.8% | $2,412,592▼7.8% | 990PF |
| 2016 | $209,380▲5.4% | $282,876▼23.2% | $2,615,791▲2.4% | $2,615,791▲2.4% | 990PF |
| 2015 | $198,741▼28.1% | $368,541▼29.2% | $2,554,636▼15.2% | $2,554,636▼15.2% | 990PF |
| 2014 | $276,333 | $520,748 | $3,014,053 | $3,014,053 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for V & S Foundation Inc (EIN 80-0160777) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.