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Nonprofiteer
← VYSTAR COMMUNITY FOUNDATION INC

Form 990 for tax year 2024

Filed by VYSTAR COMMUNITY FOUNDATION INC.

Totals

Total revenue
$926,610
Total expenses
$465,847
Contributions and grants received
$925,806
Grants paid
$391,551
Program service revenue
$0
Investment income
$804
Other revenue
$0
Total assets, end of year
$905,180
Total liabilities, end of year
$21,700
Net assets or fund balances, end of year
$883,480
Program services expenses (Part IX)
$424,922
Management and general expenses
$40,925
Fundraising expenses
$0
Program service expenses (Part III)
$424,922

Program services were 91.2% 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.

  • 1d · Related organizations

    $650,000

  • 1e · Government grants (contributions)

    $176,609

  • 1f · All other contributions, gifts and grants

    $99,197

  • 3 · Investment income

    total $804 · excluded $804

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $391,551 · program services $391,551

  • 11c · Fees: accounting

    total $25,700 · management and general $25,700

  • 12 · Advertising and promotion

    total $234 · management and general $234

  • 13 · Office expenses

    total $141 · management and general $141

  • 14 · Information technology

    total $33,371 · program services $33,371

  • 19 · Conferences, conventions and meetings

    total $1,358 · management and general $1,358

  • 23 · Insurance

    total $10,216 · management and general $10,216

  • 24a · Other expenses: BUSINESS EXPENSES

    total $2,276 · management and general $2,276

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $1,000 · management and general $1,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $5

  • 2 · Savings and temporary cash investments

    beginning of year $422,717 · end of year $905,175

  • 17 · Accounts payable and accrued expenses

    end of year $21,700

  • 27 · Net assets without donor restrictions

    beginning of year $422,717 · end of year $883,480

Mission and programs · 2024

Mission

VYSTAR FOUNDATION IS DEDICATED TO DOING GOOD AND LEADING BY EXAMPLE THROUGH COLLABORATIVE PARTNERSHIPS THAT SUPPORT YOUTH, MILITARY MEMBERS AND VETERANS, AND OVERALL COMMUNITY VITALITY IN THE AREAS SERVED BY VYSTAR CREDIT UNION.

  • MILITARY GRANT CYCLE OPENED Q1 2024. TWELVE (12) ORGANIZATIONS ADDRESSING FOOD AND HOUSING INSECURITY, PROVIDING EMPLOYMENT AND SMALL BUSINESS COUNSELING, AND MENTAL HEALTH SERVICES WERE AWARDED A 1-YEAR GRANT.

    Expenses $218,236 · Grants $201,551

  • SECOND GRANT CYCLE OPENED IN Q3 2024. THE YOUTH GRANT CYCLE SUPPORTED PROGRAMS THAT CREATE ACCESS TO NUTRITIOUS MEALS AND STABLE HOUSING; BUILD WORKFORCE EXPERIENCE SKILLS AND EDUCATION THAT LEAD TO LONG-TERM CAREER PATHWAYS; OR PROVIDE LEARNING ENVIRONMENTS THAT ENCOURAGE CREATIVITY AND POSITIVE DEVELOPMENT.

    Expenses $206,686 · Grants $190,000

As filed on the 2024 return.

Listed in Part VII

  • Diane Fears

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nina Waters

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ellen Wiss

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dane Grey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Nicholas Abrahams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brian Wolfburg

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Chad Meadows

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Dana Karzan

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Patricia McElroy

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

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.

Provenance

Return type
form_990
Tax year
2024
Filed
12 May 2025
IRS schema version
2024v5.1
Source object
202521339349307802

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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