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Nonprofiteer
← VIRGIN UNITE USA INC

Form 990 for tax year 2023

Filed by VIRGIN UNITE USA INC.

Totals

Total revenue
$5,758,929
Total expenses
$4,233,214
Contributions and grants received
$5,680,494
Grants paid
$2,704,061
Program service revenue
$0
Investment income
$78,435
Other revenue
$0
Total assets, end of year
$6,201,136
Total liabilities, end of year
$1,294,194
Net assets or fund balances, end of year
$4,906,942
Program services expenses (Part IX)
$4,156,412
Management and general expenses
$37,504
Fundraising expenses
$39,298
Program service expenses (Part III)
$4,156,412

Program services were 98.2% 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.

  • 1f · All other contributions, gifts and grants

    $5,680,494

  • 3 · Investment income

    total $78,435 · excluded $78,435

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,007,320 · program services $1,007,320

  • 3 · Grants to foreign organizations and individuals

    total $1,696,741 · program services $1,696,741

  • 11b · Fees: legal

    total $30,450 · program services $9,135 · management and general $9,135 · fundraising $12,180

  • 11c · Fees: accounting

    total $28,270 · management and general $28,270

  • 24a · Other expenses: PROJECT EXPENDITURES

    total $1,436,781 · program services $1,436,781

  • 24b · Other expenses: EVENT MANAGEMENT

    total $31,679 · program services $6,336 · fundraising $25,343

  • 24c · Other expenses: BANK CHARGES

    total $1,973 · program services $99 · management and general $99 · fundraising $1,775

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,524,609 · end of year $5,871,644

  • 7 · Other notes and loans receivable

    beginning of year $1,970,702 · end of year $10,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $139,071 · end of year $319,492

  • 17 · Accounts payable and accrued expenses

    beginning of year $13,155 · end of year $166,862

  • 19 · Deferred revenue

    beginning of year $240,000 · end of year $749,731

  • 25 · Other liabilities

    beginning of year $0 · end of year $377,601

  • 27 · Net assets without donor restrictions

    beginning of year $833,371 · end of year $2,627,081

  • 28 · Net assets with donor restrictions

    beginning of year $2,547,856 · end of year $2,279,861

Mission and programs · 2023

Mission

PROMOTE ENTREPRENEURIAL APPROACHES TO SOCIAL AND ENVRIONMENTAL ISSUES AND ADMINSTRATION OF VARIOUS FUNDRAISING ACTIVITIES.

Activities or mission (Part I)

PROMOTE ENTREPRENEURIAL APPROACHES TO SOCIAL AND EVIRONMENTAL ISSUES AND ADMINSTRATION OF VARIOUS FUNDRAISING ACTIVITES.

  • PROMOTE ENTREPRENEURIAL APPROACHES TO SOCIAL AND ENVRIONMENTAL ISSUES AND ADMINSTRATION OF VARIOUS FUNDRAISING ACTIVITIES.

    Expenses $4,156,412 · Grants $2,704,061

As filed on the 2023 return.

Listed in Part VII

  • Katherine Hunt Morr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Christine Choi

    OFFICER

    Total calculated
    $0
    Hours/week
    0

  • Stephen Attenborough

    OFFICER

    Total calculated
    $0
    Hours/week
    0

  • Jean Oelwang

    OFFICER

    Total calculated
    $0
    Hours/week
    0

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

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • THE VIRGIN FOUNDATION

    PROMOTE EN · UK

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • VIRGIN MANAGEMENT USA INC

    C · MANAGEMENT · NY

Provenance

Return type
form_990
Tax year
2023
Filed
8 November 2024
IRS schema version
2023v5.1
Source object
202423199349302087

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