Vip Education Fund
- Assets
- $70.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Phoenix, AZ
- Founding
- 11/2009
- Data as of
- 06/2023
- EIN
- 27-0328874
Organization Overview
Vip Education Fund is located in Phoenix, AZ. The organization was established in 2009. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Vip Education Fund employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vip Education Fund 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 06/2023, Vip Education Fund generated $86.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $42.7k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (14.4%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
SEE ATTACHED PDF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica Dorcey President | 0 | $0 | |
William Moore Treasurer | 0 | $0 | |
Josefina Sanchez Director | 0 | $0 | |
Janet Valder Director | 0 | $0 | |
Isidro Lopez Director | 0 | $0 | |
Catalina Aldaco Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,135 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,796 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $86,931 |
| 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 | $32,977 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $23 |
| Other expenses | $9,720 |
| Total expenses | $42,720 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,149 |
| Other assets | $0 |
| Total assets | $70,306 |
| Total liabilities | $1,694 |
| Net assets or fund balances | $68,612 |