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Nonprofiteer
← VAC CHILDRENS FOUNDATION INC

Form 990 for tax year 2023

Filed by VAC CHILDRENS FOUNDATION INC.

What the amendment changed

Compared with the return it replaced , filed 27 January 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$19,974 changed to $18,174
Total expenses
$539 changed to $541,938
Investment income
$19,974 changed to $18,174
Total assets, end of year
$523,764 changed to $0
Net assets or fund balances, end of year
$523,764 changed to $0
Management and general expenses
$539 changed to $541,938

Totals

Total revenue
$18,174
Total expenses
$541,938
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$18,174
Other revenue
$0
Total assets, end of year
$0
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$0
Management and general expenses
$541,938
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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.

  • 3 · Investment income

    total $11,362 · excluded $11,362

  • 7a · Gross sales of assets other than inventory

    securities $24,421

  • 7b · Less cost or other basis and sales expenses

    securities $17,609

  • 7c · Gain or loss

    securities $6,812

  • 7d · Net gain or loss

    total $6,812 · excluded $6,812

Functional expenses

Part IX, the statement of functional expenses.

  • 11f · Fees: investment management

    total $732 · management and general $732

  • 21 · Payments to affiliates

    total $541,206 · management and general $541,206

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $523,764

  • 27 · Net assets without donor restrictions

    beginning of year $523,764

Mission and programs · 2023

Mission

MANAGE ASSETS FOR THE BENEFIT OF AN EXEMPT COMMUNITY SERVICE PROVIDER AND PROVIDE SUPPORT FOR THAT EXEMPT ENTITY.

  • MANAGE ASSETS FOR THE BENEFIT OF AN EXEMPT COMMUNITY SERVICE PROVIDER AND PROVIDE SUPPORT FOR THAT EXEMPT ENTITY.

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

Listed in Part VII

  • Karen Pezzeti

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    0.25
  • Pam Reed

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.25
  • Lynn Klamm

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.25
  • Marie Gilmond

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.25
  • Monica Roussin

    CFO

    Total calculated
    $80,930
    From this org
    $0
    From related orgs
    $68,121
    Other
    $12,809
    Hours/week
    0.25 + 40 related
  • Staci Buysse

    FORMER CFO

    Total calculated
    $66,884
    From this org
    $0
    From related orgs
    $65,121
    Other
    $1,763
    Hours/week
    0.25 + 40 related
  • Mark Mossey

    CEO

    Total calculated
    $118,515
    From this org
    $0
    From related orgs
    $105,221
    Other
    $13,294
    Hours/week
    0.25 + 40 related

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.

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.

Assets distributed on this return

Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.

1 distribution to a recipient named as a person, $541,206. Counted where the filer named the recipient as a person, as filed. Who received them, and what, are not published.

Provenance

Return type
form_990
Tax year
2023
Filed
10 March 2025
IRS schema version
2023v6.0
Source object
202540699349301554

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