Vietnam Veterans of America Chapter 602
Nonprofit profile at a glance
- EIN
- 223131401
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990 2023, Form 990-EZ 2025
- Location
- North Cape May, NJ, USA
- Phone
- 6094256805
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $6,631
- Expenses
- $9,638
- Assets
- $107,772
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- RICK BROWN (PRESIDENT)
People named in this filing
- RICHARD KRAUS (TREASURER)
- RICK BROWN (PRESIDENT)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission for the entity is to raise funds to support programs to assist vietnam veterans and to increase public awareness of the problems they experience. The entity also supports local charities and underprivileged children.
What it reported doing in 2025
Activities have permitted the entity to assist students and also make contributions to local charities.
Operating model
- Revenue model
- Investment-supported. 67% of the money available for current operations came from recurring investment income.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 70
- Sustainability: 40
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 85.7%; rating input score 86; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -45.3%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 11.18; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -11.1% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: -4.9% per year; rating input score 0; 34th percentile among comparable filings
- Asset growth: 0.5% per year; rating input score 100; 40th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 4 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Sustainability: Operating margin scored 13/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.