Vsi
- Assets
- $5.4m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 4
- Location
- Tomball, TX
- Founding
- 06/2008
- Data as of
- 12/2021
- EIN
- 26-1869032
Organization Overview
Vsi, operating under the name Village Schools International, is located in Tomball, TX. The organization was established in 2008. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Village Schools International employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village Schools International 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, Village Schools International generated $2.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
VSI'S MISSION IS TO PARTNER WITH PEOPLE IN VILLAGES IN TO ENABLE THEM TO PROVIDE A QUALITY CHRISTIAN EDUCATION FOR THE POOREST OF THE POOR WHO WOULD NOT OTHERWISE HAVE THE OPPORTUNITY TO GO TO SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VSI CONDUCTED PROGRAM SERVICES TOTALING $2,354,325 IN SUPPORT OF THE ACTIVITIES OF VILLAGE SCHOOLS TANZANIA, VILLAGE SCHOOLS MALAWI, VILLAGE SCHOOLS ZAMBIA AND VILLAGE SCHOOLS UGANDA BY PROVIDING: 1) MISSIONARY PERSONNEL IN SERVICE OF VILLAGE SCHOOLS TANZANIA, VILLAGE SCHOOLS MALAWI, VILLAGE SCHOOLS ZAMBIA AND VILLAGE SCHOOLS UGANDA 2) TECHNICAL AND FINANCIAL ASSISTANCE WHICH ENABLED VILLAGE SCHOOLS TANZANIA, VILLAGE SCHOOLS MALAWI, VILLAGE SCHOOLS ZAMBIA AND VILLAGE SCHOOLS UGANDA TO CONSTRUCT CLASSROOMS, MULTI-PURPOSE BUILDINGS, TEACHER HOUSES, SCIENCE LABORATORIES, LIBRARIES, CHAPELS, AND SANITATION FACILITIES AS WELL AS ELECTRICITY, WATER AND COMPUTER PROJECTS AT 67 SCHOOLS, 57 OF WHICH ARE OPEN AND FUNCTIONING WITH 14,532 STUDENTS ENROLLED 3) EDUCATIONAL EQUIPMENT AND SUPPLIES TO AID IN THE ON-GOING OPERATION OF THESE SCHOOLS; 4) MEDICINE AND MATERIAL HELP TO ORPHANS AND THOSE SUFFERING FROM HIV/AIDS IN VILLAGES NEAR THESE SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Vinton President | Officer | 40 | $28,154 |
Rebecca Ramirez Board Chair | OfficerTrustee | 0 | $0 |
Jeffrey Faulkner Board Secretary | OfficerTrustee | 0 | $0 |
Bill Newman Board Treasurer | OfficerTrustee | 0 | $0 |
David Mendenhall Board Member | Trustee | 0 | $0 |
Mike Vinton Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,838,876 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,838,876 |
| Total Program Service Revenue | $0 |
| Investment income | $39,768 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,878,644 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,228,644 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $28,154 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $99,154 |
| Other salaries and wages | $1,135 |
| Pension plan accruals and contributions | $32,485 |
| Other employee benefits | $9,022 |
| Payroll taxes | $12,311 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,241 |
| Office expenses | $4,318 |
| Information technology | $4,885 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $21,354 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,502 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $5,702 |
| Total functional expenses | $2,461,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,400,363 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,400,363 |
| Accounts payable and accrued expenses | $75 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $75 |
| Net assets without donor restrictions | $91,976 |
| Net assets with donor restrictions | $5,308,312 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,400,363 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Vsi has recieved totaling $671,990.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $627,500 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $35,290 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $9,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Hands Relief Inc Arlington, TX | $2,480,716 | $16,870,671 |
Ekal Vidyalaya Foundation Of Usa Inc Houston, TX | $8,311,702 | $8,920,976 |
Thinkwell Institute Leander, TX | $7,820,043 | $8,446,076 |
Reach Now International Inc Tulsa, OK | $23,892 | $8,518,045 |
Medical Benevolence Foundation Houston, TX | $13,521,157 | $7,702,222 |
Conflict And Development Research Fund Castroville, TX | $3,738,303 | $60,944 |
Faith In Practice Houston, TX | $14,021,764 | $10,305,990 |
Millennium Relief And Development Services Inc Bellaire, TX | $1,985,456 | $5,779,466 |
Blessings International Broken Arrow, OK | $7,020,981 | $3,899,748 |
Attack Poverty Stafford, TX | $5,706,227 | $4,502,108 |
International Educational Programs Inc San Antonio, TX | $1,237,963 | $4,073,933 |
Christian Health Service Corps Grand Saline, TX | $4,182,710 | $4,323,020 |