Public & Societal Benefit
(W99)
990 on File
VEPP INC
Financial strength (30%)
79/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$573K
Total Revenue
$504K
Total Expenses
$219K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.3%
Fundraising Efficiency
N/A
Operating Reserve
5.22x
Liability-to-Asset
96.2%
Revenue Diversification
92.9%
Executive Compensation
$199K
Compared with Peers
FY 2023
Compared with 1,960 similar organizations
(United States, Public & Societal Benefit, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.3% | 86.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.8% | 10.0% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.2 mo | 9.0 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
96.2% | 0.7% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.9% | 98.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
6.3% | 9.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.8% | 14.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
12.0% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $573K | $504K | $219K | 88.3% | 3 |
| 2022 | $539K | $481K | $150K | 88.6% | 3 |
| 2021 | $464K | $461K | N/A | — | 4 |
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