Victims of Communism Memorial Foundation Inc

What it reported doing in 2024

Education- voc's educational initiatives teach all generations about the brutal ideology, history, and legacy of communism. Voc has developed five curricula for students from 4th grade through college. Our curriculum for younger students introduces them to the values of liberty and dangers of communism. Resources for older students include voc's 4th edition textbook and a volume of speeches from winston churchill, ronald reagan, martin luther king, jr. And others with explanatory essays to show students how thought-leaders challenged communism both philosophically and politically. Voc also hosts in-person and online professional development workshops nationwide to train teachers in the most effective ways to utilize our curricular resources in their classrooms. Our teacher training program incorporates lectures by scholarly experts and testimonials by witnesses of communism, offering educators the opportunity to learn directly from those who have suffered under communism. We partner with various organizations and a range of public, private, and charter schools to provide teachers and students with in-person and web-based courses, classes, and seminars. Voc has over 13,200 teacher alumni in 41 states who have collectively reached more than 1.32 million students in classrooms across the country since 2013. As part of voc's educational initiatives, voc's award-winning mini-documentary series witness project tells the cautionary and inspiring stories of men and women who have witnessed communism firsthand, giving a human face to the staggering number of victims. Voc's witness project videos have received over 12 million views on youtube and are used in classrooms around the country. Voc's message in the classroom ensures that the more than 100 million people murdered by communist regimes are not forgotten, that present-day atrocities being committed by communist governments are exposed, and that history is not repeated.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 82.2%; rating input score 82
• Fundraising efficiency: $10.16 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: 0 of 8 controls in place; rating input score 0
  • Claims monitoring procedures: Limited
  • Requires narrative reports: Limited
  • Conducts field audits: Limited
  • May suspend future funding: Limited
  • Requires financial reports: Limited
  • Conducts site visits: Limited
  • Requires grant agreements: Limited
  • May require repayment: Limited
• Grant itemization coverage: 99.9%; rating input score 100; 41st percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -37.3%; rating input score 3; 3rd percentile among comparable filings
• Total-asset coverage ratio: 1.67; rating input score 56; 56th percentile among comparable filings
• Liabilities to assets ratio: 0.54; rating input score 19; 19th percentile among comparable filings
• Officer compensation ratio: 23.8%; rating input score 9; 9th percentile among comparable filings

Growth

• Program expense growth: 18.9% per year; rating input score 100; 84th percentile among comparable filings
• Revenue growth: 14.3% per year; rating input score 100; 80th percentile among comparable filings
• Asset growth: 17.5% per year; rating input score 100; 79th percentile among comparable filings