Vc Plus Inc
- Assets
- $52.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 46-4261313
Organization Overview
Vc Plus Inc is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vc Plus 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, Vc Plus Inc generated $15.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $1.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
THE 2020/21 PLAN WAS TO LAUNCH A SOCCER AND NETBALL LEAGUE FOR AN ADDITIONAL 15 SCHOOLS BUT THIS WAS PUT ON HOLD DUE TO COVID19. VC+ CONTINUES TO RAISE FUNDS TO SUPPORT THE SOUTH AFRICAN CHARITABLE ORGANIZATION "DREAMFIELDS" (HTTP://WWW.DREAMFIELDSPROJECT.ORG). A SMALL DONATION WAS MADE TO UBUNTU-USA AN ORGANIZATION THAT SETS UP SUSTAINABLE FEEDING PROGRAMS AT ONE OF THE SCHOOLS WE HAVE WORKED WITH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Cahill President | 0 | $0 | |
Andrew Bowles Treasurer | 0 | $0 | |
Howard Grandison Secretary | 0 | $0 | |
Justin Sweeney Director | 0 | $0 | |
Kate Florenza Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,000 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,100 |
| Total expenses | $1,100 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,263 |
| Other assets | $0 |
| Total assets | $52,380 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,380 |
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