Vilcap Inc
- Assets
- $4.8m
- Revenue
- $10.8m
- Investments
- $40.0k
- Employees
- 41
- Location
- Houston, TX
- Founding
- 01/2012
- Data as of
- 12/2022
- EIN
- 27-4059343
Organization Overview
Vilcap Inc is located in Houston, TX. The organization was established in 2012. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2022, Vilcap Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vilcap 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 12/2022, Vilcap Inc generated $10.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $9.9m during the year ending 12/2022. While expenses have increased by 9.2% 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.
Since 2017, Vilcap Inc has awarded 105 individual grants totaling $3,264,889. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
VILCAP, INC. LEVERAGES ENTREPRENEURSHIP TO DRIVE IMPACT AT SCALE. IT SUPPORTS ENTREPRENEURS WHO ARE BUILDING SOLUTIONS IN THREE CORE THEMATIC AREAS - SUSTAINABILITY, FINANCIAL HEALTH, AND THE FUTURE OF WORK; AND DRIVES IMPACT AT SCALE BY DEMOCRATIZING ENTREPRENEURSHIP, LOOKING BEYOND EQUITY, AND ENABLING INCLUSIVE CAPITAL. TO EXECUTE ITS MISSION, THE ORGANIZATION HAS DISPERSED TEAMS IN BANGALORE, INDIA; MUMBAI, INDIA; NAIROBI, KENYA; MEXICO CITY, MEXICO; LONDON, UK; AND ACROSS THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VILCAP, INC. (THE ORGANIZATION") LEVERAGES ENTREPRENEURSHIP TO DRIVE IMPACT AT SCALE. IT SUPPORTS ENTREPRENEURS WHO ARE BUILDING SOLUTIONS IN THREE CORE THEMATIC AREAS - CLIMATE ADAPTATION AND INNOVATION, ECONOMIC MOBILITY, AND EQUITABLE ACCESS TO ESSENTIAL SERVICES; AND DRIVES IMPACT AT SCALE BY DEMOCRATIZING ENTREPRENEURSHIP, LOOKING BEYOND EQUITY, AND ENABLING INCLUSIVE CAPITAL. TO EXECUTE ITS MISSION, THE ORGANIZATION HAS DISPERSED TEAMS IN BANGALORE, INDIA; MUMBAI, INDIA; NAIROBI, KENYA; ISTANBUL, TURKEY; MEXICO CITY, MEXICO; LONDON, UK; AND ACROSS THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allyson Burns Chief Executive Officer | OfficerTrustee | 40 | $228,721 |
Jason Palmer Board Chair | OfficerTrustee | 2 | $0 |
Graham Macmillan Board Treasurer | OfficerTrustee | 2 | $0 |
Ross Baird Board Member / Co-Founder | Trustee | 2 | $0 |
Sarah Drinkwater Board Member | Trustee | 2 | $0 |
Odunayo Eweniyi Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kozak Consulting Llc Accounting / Bookkeeping | 12/30/22 | $100,231 |
We Are Pixelmatters Web Platform Development | 12/30/22 | $289,279 |
Association For Enterprise Opportunity Program Delivery Partner | 12/30/22 | $208,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $59,618 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,428,531 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,488,149 |
| Total Program Service Revenue | $2,239,912 |
| Investment income | $268 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$8,159 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,821,621 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,142,000 |
| Grants and other assistance to domestic individuals. | $20,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $731,758 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $423,141 |
| Compensation of current officers, directors, key employees. | $95,191 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,926,295 |
| Pension plan accruals and contributions | $69,424 |
| Other employee benefits | $218,268 |
| Payroll taxes | $379,509 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $47,217 |
| Fees for services: Accounting | $187,239 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,428,111 |
| Advertising and promotion | $18,909 |
| Office expenses | $76,387 |
| Information technology | $388,280 |
| Royalties | $0 |
| Occupancy | $68,677 |
| Travel | $250,319 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,877 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $315,509 |
| Insurance | $32,890 |
| All other expenses | $0 |
| Total functional expenses | $9,919,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,880,494 |
| Savings and temporary cash investments | $351,965 |
| Pledges and grants receivable | $1,037,622 |
| 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 | $414,128 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $40,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $68,439 |
| Total assets | $4,792,648 |
| Accounts payable and accrued expenses | $913,878 |
| Grants payable | $0 |
| Deferred revenue | $1,351,141 |
| 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 | $2,265,019 |
| Net assets without donor restrictions | -$692,073 |
| Net assets with donor restrictions | $3,219,702 |
| 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 | $4,792,648 |
Grants Awarded
Over the last fiscal year, Vilcap Inc has awarded $1,120,000 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
AKENTA HEALTH INC PURPOSE: FINANCIAL SUPPORT FOR EARLY-STAGE SOCIAL VENTURE COMMITTED TO PROMOTING EQUITY AND ECONOMIC WELL-BEING. | $6,000 |
BENCHMARK LABS INC PURPOSE: FINANCIAL SUPPORT FOR EARLY-STAGE SOCIAL VENTURE COMMITTED TO PROMOTING EQUITY AND ECONOMIC WELL-BEING. | $50,000 |
BUILD IN TULSA CORPORATION PURPOSE: FINANCIAL SUPPORT FOR EARLY-STAGE SOCIAL VENTURE COMMITTED TO PROMOTING EQUITY AND ECONOMIC WELL-BEING. | $30,000 |
CANOPIE INC PURPOSE: FINANCIAL SUPPORT FOR EARLY-STAGE SOCIAL VENTURE COMMITTED TO PROMOTING EQUITY AND ECONOMIC WELL-BEING. | $6,000 |
CLINISPAN HEALTH INC PURPOSE: FINANCIAL SUPPORT FOR EARLY-STAGE SOCIAL VENTURE COMMITTED TO PROMOTING EQUITY AND ECONOMIC WELL-BEING. | $6,000 |
COLLEGE CASH INC PURPOSE: FINANCIAL SUPPORT FOR EARLY-STAGE SOCIAL VENTURE COMMITTED TO PROMOTING EQUITY AND ECONOMIC WELL-BEING. | $10,000 |