Virtual Ability Inc is located in Aurora, CO. The organization was established in 2008. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Virtual Ability Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virtual Ability Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Virtual Ability Inc generated $6.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (53.6%) each year. All expenses for the organization totaled $56.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ENABLE PEOPLE WITH A WIDE RANGE OF DISABILITIES BY PROVIDING A SUPPORTING ENVIRONMENT FOR THEM TO ENTER ANDTHRIVE IN ONLINE VIRTUAL WORLDS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alice Krueger President | 30 | $17,000 | |
Marilyn R Burnside Treasurer | 1 | $0 | |
John Lester Board Member | 5 | $0 | |
Dick Dillon Board Member | 5 | $0 | |
David Ludwig Vice Pres. | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,454 |
Total Program Service Revenue | $3,730 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $6,184 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $43,700 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $16 |
Other expenses | $12,398 |
Total expenses | $56,114 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $21,089 |
Other assets | $0 |
Total assets | $21,863 |
Total liabilities | $0 |
Net assets or fund balances | $21,863 |
Over the last fiscal year, we have identified 1 grants that Virtual Ability Inc has recieved totaling $389.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $389 |
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