Youth Invest Partners Inc: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- Youth Invest Partners Inc (EIN 31-1713618)
- Tax period
- 2014-04-01 to 2015-03-31
- Filed
- 2016-02-06
- IRS object ID
- 201600379349300710
- Schema version
- 2014v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-02-06T14:16:02-06:00 | ReturnTs |
| Tax Period End | 2015-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8401 GREENSBORO DRIVE 8TH FLOOR | AddressLine1Txt |
| City | MCLEAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311713618 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VENTURE PHILANTHROPY PARTNERS Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ELEANOR RUTLAND | InCareOfNm |
| Business Name Control | VENT | BusinessNameControlTxt |
| Phone | 2022634790 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 15TH STREET NW STE 510 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELEANOR L RUTLAND | PersonNm |
| Person Title | CHIEF OPERATING OFFICER | PersonTitleTxt |
| Phone | 7038930600 | PhoneNum |
| Signature | 2016-01-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey J Schragg | PreparerPersonNm |
| PTIN | P00234543 | PTIN |
| Phone | 7038930600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CAROL THOMPSON COLE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 15TH STREET NW STE 510 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $11,384,796 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.VPPARTNERS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2000 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | PROVIDES GROWTH CAPITAL & STRATEGIC ASSISTANCE TO BUILD, STRENGTHEN, & SCALE HIGH POTENTIAL COMMUNITY- BASED ORGS SERVING THE NEEDS OF CHILDREN OF LOW-INCOME FAMILIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 17 | TotalEmployeeCnt |
| Total Volunteers | 24 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $4,876,543 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,087,701 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $84,979 | PYInvestmentIncomeAmt |
| CY Investment Income | $45,788 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $4,961,522 | PYTotalRevenueAmt |
| CY Total Revenue | $7,133,489 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $6,069,084 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,597,243 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,516,618 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,575,722 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $468,021 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $749,553 | PYOtherExpensesAmt |
| CY Other Expenses | $1,218,608 | CYOtherExpensesAmt |
| PY Total Expenses | $9,335,255 | PYTotalExpensesAmt |
| CY Total Expenses | $8,391,573 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$4,373,733 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,258,084 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $17,408,659 | TotalAssetsBOYAmt |
| Total Assets EOY | $15,645,604 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,125,653 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $623,341 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $16,283,006 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $15,022,263 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $5,597,243 | ExpenseAmt |
| Grant | $5,597,243 | GrantAmt |
| Desc | SEE SCHEDULE O | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,521,718 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Desc | SEE SCHEDULE O | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $638,299 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Desc | SEE SCHEDULE O | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $7,757,260 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 19 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 17 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 21 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELEANOR RUTLAND | PersonNm |
| Phone | 2022634790 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 15TH STREET NW STE 510 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| CAROL THOMPSON COLE | ||||||||
| PRESIDENT, CEO AND DIRECTOR | 40.0 | 0.0 | Yes (X) | Yes (X) | $310,655 | $0 | $25,566 | |
| DAVID BRADT | ||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| JACK DAVIES | ||||||||
| TREASURER AND DIRECTOR | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| WILLIAM DUNBAR | ||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| KRISTIN EHRGOOD | ||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| MICHELE HAGANS | ||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| DAVID JOUBRAN | ||||||||
| VICE CHAIRMAN | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| FRANK LAPRADE III | ||||||||
| CHAIRMAN | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ART MARKS | ||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| MARIO MORINO | ||||||||
| FOUNDING CHAIR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| BRIG OWENS | ||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| LES SILVERMAN | ||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| GABRIELA SMITH | ||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT TEMPLIN | ||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| EUGENE STEUERLE | ||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| KAREN SCHAUFELD | ||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| CLIFF WHITE | ||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD S CARTER | ||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| LAUREN PETERSON | ||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| BRADFORD SEAMON | ||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| ELEANOR RUTLAND | ||||||||
| INV DIR, SECR, ASST TREAS, COO | 40.0 | 0.0 | Yes (X) | $205,182 | $0 | $41,063 | ||
| SHIRLEY MARCUS ALLEN | ||||||||
| PARTNER, EXTERNAL RELATIONS | 40.0 | 0.0 | $150,663 | $0 | $7,291 | Yes (X) | ||
| AYO ATTERBERRY | ||||||||
| DIR, OUTCOMES & ASSESSMENT | 40.0 | 0.0 | $117,957 | $0 | $27,051 | Yes (X) | ||
| MICHELLE GILLIARD | ||||||||
| PARTNER | 40.0 | 0.0 | $209,239 | $0 | $3,492 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $993,696 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $104,463 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SPITFIRE STRATEGIES | |||||
| 1800 M STREET NW SUITE 300 NORTH | WASHINGTON | DC | 20036 | COMM CONSULTING | $154,634 |
| MONITOR DELOITTE CONSULTING | |||||
| PO BOX 844717 | DALLAS | TX | 75284 | STRATEGIC CONSULTING | $151,351 |
| CHILD TRENDS | |||||
| 7315 WISCONSIN AVE SUITE 1200 WES | BETHESDA | MD | 20814 | EVAL CONSULTING | $122,548 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,585,363 | GovernmentGrantsAmt |
| All Other Contributions | $5,502,338 | AllOtherContributionsAmt |
| Noncash Contributions | $99,499 | NoncashContributionsAmt |
| Total Contributions | $7,087,701 | TotalContributionsAmt |
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,869 | TotalRevenueColumnAmt |
| Exclusion | $42,869 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,254,226 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,251,307 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,919 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,919 | TotalRevenueColumnAmt |
| Exclusion | $2,919 | ExclusionAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,133,489 | TotalRevenueColumnAmt |
| Exclusion | $45,788 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,597,243 | TotalAmt |
| Program Services | $5,597,243 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $547,501 | TotalAmt |
| Program Services | $344,547 | ProgramServicesAmt |
| Management And General | $118,791 | ManagementAndGeneralAmt |
| Fundraising | $84,163 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $625,159 | TotalAmt |
| Program Services | $393,418 | ProgramServicesAmt |
| Management And General | $135,640 | ManagementAndGeneralAmt |
| Fundraising | $96,101 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,654 | TotalAmt |
| Program Services | $4,195 | ProgramServicesAmt |
| Management And General | $1,434 | ManagementAndGeneralAmt |
| Fundraising | $1,025 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $321,834 | TotalAmt |
| Program Services | $202,612 | ProgramServicesAmt |
| Management And General | $69,730 | ManagementAndGeneralAmt |
| Fundraising | $49,492 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,574 | TotalAmt |
| Program Services | $46,948 | ProgramServicesAmt |
| Management And General | $16,158 | ManagementAndGeneralAmt |
| Fundraising | $11,468 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,539 | TotalAmt |
| Management And General | $18,539 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,050 | TotalAmt |
| Management And General | $39,050 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $693,523 | TotalAmt |
| Program Services | $625,234 | ProgramServicesAmt |
| Fundraising | $68,289 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,608 | TotalAmt |
| Program Services | $869 | ProgramServicesAmt |
| Management And General | $27,305 | ManagementAndGeneralAmt |
| Fundraising | $434 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $243,112 | TotalAmt |
| Program Services | $153,051 | ProgramServicesAmt |
| Management And General | $52,675 | ManagementAndGeneralAmt |
| Fundraising | $37,386 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,289 | TotalAmt |
| Program Services | $26,635 | ProgramServicesAmt |
| Management And General | $8,610 | ManagementAndGeneralAmt |
| Fundraising | $3,044 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,286 | TotalAmt |
| Program Services | $13,793 | ProgramServicesAmt |
| Management And General | $1,116 | ManagementAndGeneralAmt |
| Fundraising | $377 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $166 | TotalAmt |
| Management And General | $166 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,627 | TotalAmt |
| Management And General | $27,627 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,940 | TotalAmt |
| Management And General | $8,940 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MEMBERSHIP DUES | $20,525 | $20,525 | ||
| INDIRECT ALLOCATION EXPENSES | $294,036 | -$365,157 | $71,121 | |
| RESOURCE DEVELOPMENT | $13,554 | $10,839 | $2,715 | |
| EVENTS/CONVENINGS | $53,990 | $21,147 | $32,843 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,399 | TotalAmt |
| Program Services | $2,168 | ProgramServicesAmt |
| Management And General | $5,668 | ManagementAndGeneralAmt |
| Fundraising | $9,563 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,391,573 | TotalAmt |
| Program Services | $7,757,260 | ProgramServicesAmt |
| Management And General | $166,292 | ManagementAndGeneralAmt |
| Fundraising | $468,021 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,418 | BOYAmt |
| EOY | $36,500 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,374,863 | BOYAmt |
| EOY | $5,931,629 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,495,020 | BOYAmt |
| EOY | $5,525,186 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $469,574 | BOYAmt |
| EOY | $227,013 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $595 | BOYAmt |
| EOY | $595 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $194,770 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $104,368 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,553 | BOYAmt |
| EOY | $90,402 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,850,781 | BOYAmt |
| EOY | $3,808,017 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,855 | BOYAmt |
| EOY | $26,262 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,408,659 | BOYAmt |
| EOY | $15,645,604 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $975,491 | BOYAmt |
| EOY | $484,969 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150,162 | BOYAmt |
| EOY | $138,372 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,125,653 | BOYAmt |
| EOY | $623,341 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,156,578 | BOYAmt |
| EOY | $9,835,863 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,126,428 | BOYAmt |
| EOY | $5,186,400 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,283,006 | BOYAmt |
| EOY | $15,022,263 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,408,659 | BOYAmt |
| EOY | $15,645,604 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,258,084 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$2,659 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Community Trust | Yes (X) | CommunityTrustInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,992,331 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,653,734 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,225,387 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,876,543 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,087,701 | CurrentTaxYearAmt |
| Total | $23,835,696 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,992,331 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,653,734 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,225,387 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,876,543 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,087,701 | CurrentTaxYearAmt |
| Total | $23,835,696 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,281,220 | SubstantialContributorsTotAmt |
| Public Support Total170 | $18,554,476 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $266,006 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $132,135 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $136,785 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $29,833 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $42,869 | CurrentTaxYearAmt |
| Total | $607,628 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $24,443,324 | TotalSupportAmt |
| Public Support CY170 | 0.75908 | PublicSupportCY170Pct |
| Public Support PY170 | 0.76945 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| CY Minus3 Yr Endwmt Fund | CYMinus3YrEndwmtFundGrp | |
| CY Minus4 Yr Endwmt Fund | CYMinus4YrEndwmtFundGrp | |
| Land | LandGrp | |
| Buildings | BuildingsGrp |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $128,476 | OtherCostOrOtherBasisAmt |
| Depreciation | $53,289 | DepreciationAmt |
| Book Value | $75,187 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $23,167 | OtherCostOrOtherBasisAmt |
| Depreciation | $19,181 | DepreciationAmt |
| Book Value | $3,985 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $43,127 | OtherCostOrOtherBasisAmt |
| Depreciation | $31,897 | DepreciationAmt |
| Book Value | $11,230 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $90,402 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
| Total Liability | $0 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $7,130,830 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$2,659 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$2,659 | RevenueNotReportedAmt |
| Revenue Subtotal | $7,133,489 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $7,133,489 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $8,391,573 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $8,391,573 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $8,391,573 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FIN 48 | FormAndLineReferenceDesc |
| Explanation | FORM 990, SCHEDULE D, PART X, LINE 2 VPP IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND FROM DISTRICT OF COLUMBIA FRANCHISE TAX UNDER APPLICABLE TAX REGULATIONS. VPP IS NOT A PRIVATE ORGANIZATION PURSUANT TO SECTION 509(A)(1) OF THE IRC. In accordance with authoritative guidance issued by the Financial Accounting Standards Board (the FASB), VPP recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. To the extent that the final tax outcome of any such matters is different than any amounts recorded, such differences would impact income tax expense in the period in which such determination is made. Interest and penalties, if any, related to accrued liabilities for potential tax assessments are included in income tax expense. With few exceptions, VPP is no longer subject to income tax examinations by the U.S. federal, state or local tax authorities for years ended March 31, 2010 and prior. Management has evaluated VPP's tax positions and has concluded that VPP has taken no material uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| Year Up | ||||||||
| 1901 S bell st ste 100 | arlington | VA | 22202 | 043534407 | 501(c)(3) | $181,381 | FUND INITIATIVES | |
| KIPP DC | ||||||||
| 2600 VIRGINIA AVE NW SUITE 900 | washington | DC | 20037 | 742974642 | 501(c)(3) | $1,069,991 | FUND INITIATIVES | |
| LATIN AMERICAN YOUTH CENTER | ||||||||
| 1419 COLUMBIA RD NW | WASHINGTON | DC | 20009 | 521023074 | 501(C)(3) | $657,660 | FUND INITIATIVES | |
| Urban Alliance | ||||||||
| 2030 Q Street NW | washington | DC | 20036 | 521938443 | 501(c)(3) | $1,344,468 | FUND INITIATIVES | |
| College Summit | ||||||||
| 1763 columbia rd nw | washington | DC | 20009 | 522007028 | 501(c)(3) | $272,326 | FUND INITIATIVES | |
| Metro TeenAIDS | ||||||||
| 651 PENN AVE SE | WASHINGTON | DC | 20003 | 521610088 | 501(C)(3) | $287,243 | FUND INITIATIVES | |
| APPLE TREE INSTITUTE | ||||||||
| 415 MICHIGAN AVE NE | WASHINGTON | DC | 20017 | 043331760 | 501(c)(3) | $984,000 | FUND INITIATIVES | |
| HILLSIDE WORK SCHOLARSHIP CONNECTION | ||||||||
| 6305 IVY LANE | GREENBELT | MD | 20770 | 161453581 | 501(c)(3) | $402,329 | FUND INITIATIVES | SUITE 420 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 8 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Monitoring the use of grants - FORM 990, SCHEDULE I, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | VPP monitors the use of grant funds on a quarterly basis for traditional VPP CAPACITY INVESTMENTS AND MONTHLY FOR THE YOUTHCONNECT INVESTMENT (WHICH REQUIRES MONITORING ON A MONTHLY BASIS RELATED TO OUR FEDERAL AWARD). THIS PRACTICE ENSURES That funds Are used to advance the mutually agreed upon milestones that are a part of the investment agreement with the portfolio organization. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CAROL THOMPSON COLE | ||||||||||||
| PRESIDENT, CEO AND DIRECTOR | $310,655 | $0 | $0 | $0 | $0 | $0 | $1,000 | $0 | $24,566 | $0 | $336,221 | $0 |
| ELEANOR RUTLAND | ||||||||||||
| INV DIR, SECR, ASST TREAS, COO | $205,182 | $0 | $0 | $0 | $0 | $0 | $1,000 | $0 | $40,063 | $0 | $246,245 | $0 |
| SHIRLEY MARCUS ALLEN | ||||||||||||
| PARTNER, EXTERNAL RELATIONS | $50,663 | $0 | $0 | $0 | $100,000 | $0 | $1,000 | $0 | $6,291 | $0 | $157,954 | $0 |
| MICHELLE GILLIARD | ||||||||||||
| PARTNER | $209,239 | $0 | $0 | $0 | $0 | $0 | $1,000 | $0 | $2,492 | $0 | $212,731 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SEVERANCE PAYMENTS | FormAndLineReferenceDesc |
| Explanation | FORM 990, SCH J, PART I, LINE 4A SHIRLEY MARCUS ALLEN - $100,000 | ExplanationTxt |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1155 | ContributionCnt |
| Noncash Contributions Rpt F990 | $99,499 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVERAGE OF HIGH/LOW | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
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| Real Estate Commercial | RealEstateCommercialGrp | |
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| Historical Artifacts | HistoricalArtifactsGrp | |
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| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
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| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| ORGANIZATION'S MISSION | FORM 990, PART III, LINE 1 VPP, A NONPROFIT PHILANTHROPIC INVESTMENT ORGANIZATION, INVESTS IN HIGH-PERFORMING NONPROFIT ORGANIZATIONS THAT ARE SERVING THE CORE HEALTHY DEVELOPMENTAL, LEARNING, AND EDUCATIONAL NEEDS OF CHILDREN FROM LOW-INCOME FAMILIES IN THE NATIONAL CAPITAL REGION. VPP PROVIDES SIGNIFICANT, GROWTH CAPITAL INVESTMENTS AND AUGMENTS THOSE FUNDS WITH STRATEGIC, NON-FINANCIAL RESOURCES TO HELP LEADERS GROW THEIR ORGANIZATIONS IN SIZE, STRENGTH, AND COMMUNITY IMPACT. AND BY DEMONSTRATING THE VALUE OF THIS APPROACH, VPP SEEKS TO INSPIRE PHILANTHROPISTS, CORPORATE AND NONPROFIT LEADERS, AND PUBLIC POLICYMAKERS TO HELP INCREASE THE EFFECTIVENESS AND THE FLOW OF CAPITAL, TALENT, AND OTHER RESOURCES TO NONPROFIT ORGANIZATIONS SHOWING THE GREATEST POTENTIAL FOR IMPROVING THE LIVES OF CHILDREN. ORGANIZATION AND HISTORY: VENTURE PHILANTHROPY PARTNERS, INC. (VPP) WAS INCORPORATED ON MAY 23, 2000, IN THE STATE OF DELAWARE. VPP, A NONPROFIT PHILANTHROPIC INVESTMENT ORGANIZATION, PROVIDES GROWTH CAPITAL AND STRATEGIC ASSISTANCE TO BUILD, STRENGTHEN, AND SCALE HIGH POTENTIAL NONPROFIT ORGANIZATIONS SERVING CHILDREN AND YOUTH OF LOW-INCOME FAMILIES IN THE NATIONAL CAPITAL REGION. VPP INVESTS SIGNIFICANT DOLLARS AND AUGMENTS THOSE FUNDS WITH STRATEGIC, NON-FINANCIAL RESOURCES TO HELP STRONG NONPROFIT LEADERS GROW PROVEN PROGRAMS TO SERVE MORE CHILDREN AND YOUTH. IN ADDITION, VPP JOINS WITH OTHER ORGANIZATIONS NATIONWIDE TO INSPIRE PHILANTHROPISTS, CORPORATE AND NONPROFIT LEADERS, AND PUBLIC POLICY-MAKERS TO HELP INCREASE THE EFFECTIVENESS AND THE FLOW OF CAPITAL, TALENT, AND OTHER RESOURCES TO HIGH-PERFORMING NONPROFIT ORGANIZATIONS MEETING THE CORE NEEDS OF CHILDREN. VPP WAS LAUNCHED IN JUNE 2000 BY MARIO MORINO, THE FOUNDER OF THE MORINO INSTITUTE AND CO-FOUNDER OF LEGENT CORPORATION; SENATOR MARK WARNER; AND RAUL FERNANDEZ, FOUNDER OF PROXICOM. TOGETHER THEY BROUGHT TOGETHER OTHER TECHNOLOGY AND BUSINESS LEADERS TO INVEST APPROXIMATELY $31 MILLION IN VPP'S FIRST FUND, TO PRODUCE SOCIAL, RATHER THAN FINANCIAL, RETURNS. VPP'S FIRST FUND WAS COMMITTED TO A DOZEN ORGANIZATIONS SERVING YOUTH AND FAMILIES IN THE COMMUNITY, WITH FUNDS FULLY DEPLOYED BY THE END OF 2009. VPP HAS RAISED APPROXIMATELY $50 MILLION FOR ITS SECOND FUND FROM INDIVIDUALS, FOUNDATIONS, CORPORATIONS AND THE FEDERAL GOVERNMENT TO INVEST ADDITIONAL CAPITAL IN NONPROFITS AND TO FINANCE VPP'S OWN PROGRAMMATIC AND NON-PROGRAMMATIC OPERATIONS. TO DATE, VPP HAS MADE MULTI-YEAR COMMITMENTS OF CAPITAL TO EIGHT NONPROFIT ORGANIZATIONS IN ITS SECOND PORTFOLIO TOTALING $33 MILLION. IN JULY OF 2010, THE SOCIAL INNOVATION FUND (SIF), ADMINISTERED BY THE CORPORATION FOR NATIONAL AND COMMUNITY SERVICE, AWARDED VPP A $10 MILLION COMMITMENT OVER FIVE YEARS. VENTURE PHILANTHROPY PARTNERS WAS ONE OF ELEVEN ORGANIZATIONS NATIONALLY AWARDED SIF GRANTS AS PART OF ITS INAUGURAL PORTFOLIO. VPP'S "YOUTHCONNECT" INVESTMENT IS A PIONEERING COLLABORATION OF GOVERNMENT, PRIVATE PHILANTHROPY, NONPROFIT ORGANIZATIONS, AND EVALUATORS TO DRAMATICALLY IMPROVE OPPORTUNITIES FOR LOW-INCOME YOUTH, AGES 14-24, IN THE NATIONAL CAPITAL REGION. Over the past 15 years, VPP has raised $100 million and supported 18 nonprofit partners to change the lives of tens of thousands of low-income children and youth by providing them access to quality education, health care, and career training. By investing in some of the region's highest-performing nonprofits VPP has enabled our nonprofit partners to serve 80 sites, and serve more than 50,000 young people annually. |
| PROGRAM SERVICES ACCOMPLISHMENTS | FORM 990, PART III, LINE 4A GRANT PROGRAM EXPENSES: VPP provides philanthropic investments to organizations (investment partners) for the purpose of helping high-quality nonprofit organizations impact the lives of more children and youth. VPP disburses funds to investment partners to provide financial support to help leaders build and strengthen VPP behind their programs, often referred to as "organizational capacity." VPP supports this type of capacity with large-scale, multi-year funding. VPP's youthCONNECT investment supports specific programmatic elements of nonprofit organizations to provide education, social services and job training to low-income youth ages 14-24. youthCONNECT also supports the collaboration of this portfolio of organizations to demonstrate greater impact in the National Capital Region through collective action. LEARN MORE AT: http://www.vppartners.org/portfolio/youthconnect. |
| PROGRAM SERVICE ACCOMPLISHMENTS | FORM 990, PART III, LINE 4B INVESTMENT PRACTICE - An important element and distinction of the work of VPP is its approach to identifying, selecting and engaging its investment partners. The VPP team, consisting of people with experience in management development and building organizations, is responsible for sourcing candidates, evaluating prospective organizations for investment, and supporting them for the duration of the investment partnership. The VPP team works directly with its investment partners to serve as a combination of strategic advisor, executive coach, change agent, funder, board member and consultant with the goal of helping great leaders build stronger, more effective organizations. |
| PROGRAM SERVICE ACCOMPLISHMENTS | FORM 990, PART III, LINE 4C Strategic Communications, Investor Relations and Field-building: A key element to the strategy of extending the impact of the work of VPP is to capture, codify, and share the lessons and experiences of VPP's philanthropic work with an extended community of philanthropists and practitioners. VPP devotes specific resources to formalizing and sharing its investment practice, approach, and processes. VPP coalesces the individuals, families, foundations, and corporate supporters into a community of donors, committed to making their philanthropy and civic engagement more effective. VPP creates venues for engagement and exchange - to build a community of investors committed to advance their own philanthropy and shared interests. VPP publishes reports and provides research for the benefit of those who are involved in the nonprofit sector as service providers and philanthropists. These reports survey the fields of venture philanthropy and high-engagement grant-making, address critical issues facing the nonprofit sector, and offer new research and resources to advance management practices in the sector. RECENT RELEASES: In January 2015, VPP released a case study of the second investment of the Second Portfolio, KIPP DC. The report highlights the key accomplishments, partnership engagement, results, lessons learned and focus areas of the VPP investment http://www.vppartners.org/portfolio/portfolio-ii/kipp-dc In September 2014, VPP released a case study of the first investment of the second portfolio, Year Up. The report highlights the key accomplishments, partnership engagement, results, lessons learned and focus areas of the VPP investment, http://www.vppartners.org/portfolio/portfolio-ii-year-up-national-c apital-region. In May 2014, the youthCONNECT network released its second in a series of case studies, youthCONNECT: A (Net)Work in Progress - The First Two Years. This case study delves into the first stages of that work-the experience of funding, launching and supporting youthCONNECT, while chronicling best practices and lessons learned that might help others seeking to pursue similar initiatives. http://www.vppartners.org/results/reports/youthconnect-network-prog ress-first-two-years. In January 2013, the youthCONNECT network released its first in a series of case studies, youthCONNECT: A (Net)Work in Progress. The case study describes the collaborative process and resulting Common Outcomes Framework developed by the network. LEARN MORE AT: http://www.vppartners.org/portfolio/youthconnect/learning. In September 2012, VPP released the first comprehensive report of the challenges facing children and youth throughout the National Capital Region. LEARN MORE AT: http://capitalkidsreport.org/. In 2011, VPP founding Chairman authored Leap of Reason: Managing to Outcomes in an Era of Scarcity, published by VPP. LEARN MORE AT: http://www.vppartners.org/leapofreason/overview. |
| FORM 990 REVIEW PROCESS | FORM 990, PART VI, LINE 11B VENTURE PHILANTHROPY PARTNERS' (VPP'S) MANAGEMENT GATHERS THE INFORMATION NECESSARY TO COMPLETE FORM 990 AND PROVIDES THAT DATA TO ITS AUDITORS AND TAX ADVISORS TO PREPARE FORM 990. WHEN PREPARATION IS COMPLETE, VPP'S MANAGEMENT AND AUDIT COMMITTEE OF THE BOARD REVIEW THE DRAFT FORM AND PROVIDE FEEDBACK. THE FINAL FORM 990 IS PROVIDED TO THE ENTIRE BOARD BY EMAIL PRIOR TO FILING IT WITH THE INTERNAL REVENUE SERVICE. |
| CONFLICTS OF INTEREST POLICY | FORM 990, PART VI, LINE 12C AT THE ANNUAL MEETING EACH YEAR, THE OFFICERS, DIRECTORS AND STAFF ARE PRESENTED WITH THE CONFLICTS OF INTEREST POLICY AND ARE REQUIRED TO DISCLOSE ANY RELEVANT AFFILIATIONS AND POTENTIAL CONFLICTS. IN ADDITION, IF A POTENTIAL CONFLICT EXISTS FOR A VOTING BOARD MEMBER RELATED TO A PARTICULAR INVESTMENT PORTFOLIO ORGANIZATION, THE BOARD MEMBER RECUSES THEMSELVES FROM ANY VOTE/DECISION THAT MAY BE PERCEIVED AS A CONFLICT. |
| PROCESS FOR DETERMINING COMPENSATION | FORM 990, PART VI, LINE 15B On an periodic basis, VPP's compensation structure for the senior team is assessed relative to the market, peer organizations and other variables unique to VPP to ensure that the compensation is competitive to draw the talent required to achieve VPP's goals and is in alignment with VPP's overall cost structure. The senior management team had their base salaries established by an independent review in April 2007 conducted by HiRe Expectations. The study was based upon a combination of Economic Research Institute and peer group data. In an effort to conduct a current assessment of market data, VPP requested the assistance of Keating Advisors, LLC to provide updated benchmark information for three senior positions: President & CEO, Partner, and COO/CFO. |
| AVAILABILITY OF OTHER DOCUMENTS | FORM 990, PART VI, LINE 19 VPP DOES NOT REGULARLY PUBLISH ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS, BUT THE ORGANIZATION MAKES SUCH DOCUMENTS AVAILABLE IF A REQUEST IS MADE BY A MEMBER OF THE PUBLIC. |