Vecna Cares Charitable Tr
- Assets
- $305.2k
- Revenue
- $476.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Burlington, MA
- Founding
- 03/2009
- Data as of
- 12/2022
- EIN
- 26-3318451
Organization Overview
Vecna Cares Charitable Tr is located in Burlington, MA. The organization was established in 2009. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Vecna Cares Charitable Tr employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vecna Cares Charitable Tr 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 12/2022, Vecna Cares Charitable Tr generated $476.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $795.2k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
VECNA CARES CHARITABLE TRUST PROVIDES TRAINING AND TECHNOLOGY TO SUPPORT AND STRENGTHEN HEALTH SYSTEMS IN UNDERSERVED AREAS FOR BETTER HEALTHOUTCOMES. WE BUILD SYSTEMS THAT CLOSE THE INFORMATION GAPS BETWEEN PATIENTS, CAREGIVERS, AND DECISION MAKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY OBJECTIVE OF THE MFM - PROJECT IDELIVER IS TO IMPROVE THEQUALITY OF MATERNAL CHILD CARE BY DEVELOPING AND IMPLEMENTING A DIGITAL TOOL FOR ROUTINE USE BY FACILITY-BASED HEALTHCARE WORKERS DURING LABORAND DELIVERY THAT ENABLES MEASUREMENT OF CONTENT OF CARE DURING ADMISSION, TRIAGE AND DISCHARGE FOR WOMEN DELIVERING IN A HEALTH FACILITY
ASILI - DESIGN, DEVELOPMENT AND DEPLOYMENT OF AN ADVANCED ELECTRONICMEDICAL RECORDS SYSTEM THAT IS CURRENTLY OPERATIONAL ACROSS SEVENFACILITIES IN RURAL DR CONGO. THE FACILITIES ARE COMPLETELY OFF-LINE ANDRUNNING THE SOFTWARE ON THE CLINIPAK. PATIENTS DATA IS COLLECTED AT THEFACILITY AND THEN TRANSMITTED TO THE CLOUD VIA CLINIPAK WHERE THE DATA ISANALYZED. DIGITAL, REAL-TIME MANAGEMENT OF PATIENT DATA WILL IMPROVE HEALTH OUTCOMES FOR THE PATIENT, PROVIDE ADDITIONAL CRITICAL GUIDANCE FOR THE CLINICIANS, AND ALLOW PROJECT STAFF TO MONITOR THE HEALTH STATUS OF THE POPULATIONS BEING REACHED
SPECIAL OLYMPICS - RELIABLE MECHANISMS TO ENSURE REFERRALS IDENTIFIEDAT HEALTHY ATHLETES EXAMINATIONS ARE DOCUMENTED, ABLE TO BE ACCESSED BYPROGRAMS AND SOI AND THROUGH THE ATHLETE PERSONAL HEALTH RECORD. THEIMPROVED SYSTEM WILL DOCUMENT AN ATHLETES HEALTH HISTORY AND MONITORIMPROVED HEALTH OUTCOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Amendola Executive Director | Officer | 40 | $127,000 |
Priya Ponnappa Program Director | 40 | $100,000 | |
Hiep Nguyen Trustee | Trustee | 5 | $0 |
Sean Kennedy Trustee | Trustee | 5 | $0 |
Jonathan Teich Trustee | Trustee | 5 | $0 |
Paul Firth Trustee | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tekmindz Engineering | 12/30/21 | $150,900 |
John Hopkins University Consultant | 12/30/21 | $100,522 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $223 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $223 |
| Total Program Service Revenue | $341,940 |
| Investment income | $0 |
| 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 | $476,688 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $346,742 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $105,426 |
| Payroll taxes | $26,592 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,108 |
| Advertising and promotion | $0 |
| Office expenses | $5,017 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,979 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,737 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $998 |
| Insurance | $21,497 |
| All other expenses | $0 |
| Total functional expenses | $795,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,088 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $38,058 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $21,845 |
| Inventories for sale or use | $153,969 |
| Prepaid expenses and deferred charges | $57,772 |
| Net Land, buildings, and equipment | $7,442 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $305,174 |
| Accounts payable and accrued expenses | $164,448 |
| 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 | $624,009 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $199,003 |
| Other liabilities | $1,166,152 |
| Total liabilities | $2,153,612 |
| Net assets without donor restrictions | -$1,848,438 |
| Net assets with donor restrictions | $0 |
| 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 | $305,174 |