Military Vip Inc
Nonprofit profile at a glance
- EIN
- 833800031
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- Corpus Christi, TX, USA
- Phone
- 3619063663
- Rating
- 46
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Gift Distribution
Reported finances
- Revenue
- $94,870
- Expenses
- $73,052
- Assets
- $128,410
- Liabilities
- $2,017
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- MICHAEL J SHAW (PRESIDENT)
- NANCY J SHAW (VICE PRESIDENT)
People named in this filing
- MICHAEL J SHAW (PRESIDENT)
- NANCY J SHAW (VICE PRESIDENT)
- MICHAEL J SHAW JR (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The corporation is organized and to be operated exclusively for the charitable purposes as defined in section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under the internal revenue code. In furtherance of these exempt purposes, the primary focus of the corporation is to provide food and housing for united states military veterans and families of united states military veterans in need.
What it reported doing in 2024
No program services during 2024
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 64
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 23%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 1.76; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 41.4% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 12% per year; rating input score 100; 76th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.