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← V5 INITIATIVE INC

Form 990 for tax year 2023

Filed by V5 INITIATIVE INC.

Totals

Total revenue
$155,280
Total expenses
$299,167
Contributions and grants received
$147,837
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$7,443
Total assets, end of year
$151,040
Total liabilities, end of year
$68,626
Net assets or fund balances, end of year
$82,414
Program services expenses (Part IX)
$281,738
Management and general expenses
$17,429
Fundraising expenses
$0
Program service expenses (Part III)
$281,738

Program services were 94.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $27,225

  • 1f · All other contributions, gifts and grants

    $120,612

  • 11a · Other revenue: OTHER INCOME

    total $7,443 · excluded $7,443

  • 11e · Other revenue, total

    $7,443

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $6,336 · management and general $6,336

  • 11g · Fees: other

    total $256,574 · program services $256,574

  • 12 · Advertising and promotion

    total $1,381 · program services $1,381

  • 13 · Office expenses

    total $3,810 · program services $3,810

  • 17 · Travel

    total $10,080 · program services $10,080

  • 23 · Insurance

    total $866 · program services $866

  • 24a · Other expenses: COMMUNICATION

    total $10,811 · management and general $10,811

  • 24b · Other expenses: WEB HOSTING & MAINTENANCE

    total $5,599 · program services $5,599

  • 24c · Other expenses: MEALS & ENTERTAINMENT

    total $2,429 · program services $2,429

  • 24d · Other expenses: DONATIONS

    total $685 · program services $685

  • 24e · All other expenses

    total $596 · program services $314 · management and general $282

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $226,301 · end of year $82,414

  • 4 · Accounts receivable

    beginning of year $56,969 · end of year $68,626

  • 17 · Accounts payable and accrued expenses

    beginning of year $56,969 · end of year $68,626

  • 27 · Net assets without donor restrictions

    beginning of year $226,301 · end of year $82,414

Mission and programs · 2023

Mission

TO LEAD AND SUPPORT BROAD INITIATIVES THAT PROMOTE BETTER AND MORE INFORMED POLICY MAKING AND GOVERNANCE AT THE NATIONAL AND INTERNATIONAL LEVEL. PROMOTE AND EMPOWER THE INVOLVEMENT OF INDIVIDUALS, NGO'S AND THE PRIVATE SECTOR IN MATTERS OF PUBLIC POLICY THROUGH THE DISSEMINATION OF INFORMATION THAT WILL RAISE AWARENESS AND INVITE ACTION. SINCE 2017, V5INITIATIVE HAS FOCUSED ON THE VENEZUELAN HUMANITARIAN, POLITICAL AND ENVIRONMENTAL CRISES THAT ARE IMPACTING THE HEMISPHERE.

  • TO LEAD AND SUPPORT BROAD INITIATIVES THAT PROMOTE BETTER AND MORE INFORMED POLICY MAKING AND GOVERNANCE AT THE NATIONAL AND INTERNATIONAL LEVEL. PROMOTE AND EMPOWER THE INVOLVEMENT OF INDIVIDUALS, NGO'S AND THE PRIVATE SECTOR IN MATTERS OF PUBLIC POLICY THROUGH THE DISSEMINATION OF INFORMATION THAT WILL RAISE AWARENESS AND INVITE ACTION. SINCE 2017, V5INITIATIVE HAS FOCUSED ON THE VENEZUELAN HUMANITARIAN, POLITICAL AND ENVIRONMENTAL CRISES THAT ARE IMPACTING THE HEMISPHERE.

    Expenses $281,738

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Pedro M Burelli

    DIRECTOR

    Total calculated
    $24,000
    From this org
    $24,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Cristina V Burelli

    EXECUTIVE DI

    Total calculated
    $22,000
    From this org
    $22,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Francisco Dallmeier

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Claudia M Franco

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Katherina Hruskovec

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Carl Meacham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Gerver Torres

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
27 March 2025
IRS schema version
2023v6.0
Source object
202501009349300400

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