Vlcm Foundation in Salt Lake City, Utah (UT)
Table of contents:
| Vlcm Foundation | |
| Employer Identification Number (EIN) | 272624465 |
| Name of Organization | Vlcm Foundation |
| In Care of Name | SHAUN STEEL |
| Address | 3520 South 300 West, Salt Lake City, UT 84115 |
| Subsection | Charitable Organization |
| Ruling Date | 05/2012 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2011 |
| Assets | $1 to $9,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $7,431 |
| Amount of Income | $177,494 |
| Form 990 Revenue Amount | $138,105 |
| National Taxonomy of Exempt Entities (NTEE) | Health - General and Rehabilitative: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2011: $177,494 (it was $138,105 in 2013)
| This organization: | $177,494 |
| Other organizations performing similar types of work: | $100,423 |
Assets in 2011: $7,431 (it was $7,431 in 2013)
| This organization: | $7,431 |
| Other organizations performing similar types of work: | $79,295 |
Expenses in 2013: $131,568
| Vlcm Foundation: | $131,568 |
| Other organizations performing similar types of work: | $57,717 |
Income to expenses ratio in 2013: 1.3
| Vlcm Foundation: | 1.3 |
| Other organizations performing similar types of work: | 1.1 |
Grants share in income in 2013: 128.5%
| This organization: | 128.5% |
| Other organizations performing similar types of work: | 19.8% |
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | ||
| 2012 | 2013 | |
|---|---|---|
| Total revenue | $88,196 | $138,105 |
| Contributions, gifts, grants, and similar amounts received | $111,972 | $177,494 |
| Program service revenue including government fees and contracts | $0 | $0 |
| Membership dues and assessments | $0 | $0 |
| Investment income | $0 | $0 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 |
| Net income/loss from gaming and fundraising events | $-23,776 | $-39,389 |
| Gross income from gaming | $0 | $0 |
| Gross income from fundraising events | $0 | $0 |
| Less: direct expenses from gaming and fundraising events | $23,776 | $39,389 |
| Gross profit/loss from sales of inventory | $0 | $0 |
| Other revenue | $0 | $0 |
| Total expenses | $87,302 | $131,568 |
| Total net assets | $894 | $7,431 |
| Excess/Deficit for the year | $894 | $6,537 |
| Net assets or fund balances at beginning of year | $0 | $894 |
| Other changes in net assets or fund balances | $0 | $0 |
| Net assets or fund balances at end of year | $894 | $7,431 |
| Balance Sheets | ||
| 2012 | 2013 | |
|---|---|---|
| Total assets | $894 | $7,431 |
| Total liabilities | $0 | $0 |
| Net assets or fund balances | $894 | $7,431 |
| Other Information | ||
| 2012 | 2013 | |
|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No |
| Were any significant changes made to the organizing or governing documents? | No | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No |
| Has the organization filed a Form 990-T for the year? | No | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No |
| Amount of political expenditures, direct or indirect | $0 | $0 |
| Did the organization file Form 1120-POL for this year? | No | No |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No |
| Total amount involved | $0 | $0 |
| Initiation fees and capital contributions | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $289,466 |
| Subtotal | $289,466 |
| Gifts, grants, contributions, and membership fees received | $289,466 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $289,466 |
| Public support | $289,466 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Scott & White Healthcare Foundation | 2401 S 31st St, Temple, TX 76508-0001 | TX | 2010-11 | $113,062,582 |
| 2 | Foundation For Homecare And Hospice | 2250 S 1300 W, Salt Lake City, UT 84119 | UT | 2009-08 | $82,371,061 |
| 3 | Beacon Health System Inc | 615 N Michigan St, South Bend, IN 46601-1033 | IN | 2012-09 | $48,979,133 |
| 4 | Utah Partners For Health | 8446 S Harrison, Midvale, UT 84047-3501 | UT | 2003-04 | $1,325,683 |
| 5 | Health Choice Network Of Utah | 1451 E 3300 S, Salt Lake Cty, UT 84106-3308 | UT | 2012-06 | $374,230 |
| 6 | Rocky Mountain Care Foundation | 350 East 300 South Suite 100, Bountiful, UT 84010-4914 | UT | 2006-06 | $206,061 |
| 7 | Vlcm Foundation | 3520 South 300 West, Salt Lake City, UT 84115 | UT | 2012-05 | $177,494 |
| 8 | Ride For Life | 1192 E Draper Pkwy, Draper, UT 84020-9356 | UT | 2012-03 | $65,718 |
| 9 | Certsgroup Foundation | 145 Cascade Ave, Alpine, UT 84004-2506 | UT | 2007-02 | $3,501 |
| 10 | Advocates Giving Association | 331 S 600 E, Salt Lake Cty, UT 84102 | UT | 2012-09 | $0 |
| 11 | Central Utah Clinic Foundation | 223 West Bulldog Blvd, Provo, UT 84604 | UT | 2007-03 | $0 |
| 12 | Hero Foundation | Po Box 992, Farmington, UT 84025 | UT | 2007-01 | $0 |
| 13 | Kristen Bullock Charity Fund | 4536 Stephens Cir, Ogden, UT 84403-3066 | UT | 2015-01 | $0 |
| 14 | Paying It Forward Medical Foundation | 337 S 800 E, Santaquin, UT 84655-8051 | UT | 2015-02 | $0 |
| 15 | Rae Of Light Charity | PO BOX 709681, Sandy, UT 84070 | UT | 2014-07 | $0 |
| 16 | Riders Against Cancer | 837 Grove Dirve, Alpine, UT 84004 | UT | 2010-07 | $0 |
| 17 | Touching Hearts Foundation | 1155 E 2100 S Apt 6211, Salt Lake Cty, UT 84106-2894 | UT | 2005-01 | $0 |
| 18 | Tricounty Public Health Foundation | 133 South 500 East, Vernal, UT 84078 | UT | 2011-06 | $0 |
| 19 | Valley Mrdd Support Inc | 7510 Blackfriars Cir, West Jordan, UT 84084 | UT | 2012-08 | $0 |
| 20 | West Valley Alliance For Community Health Care | 6966 West 2900 South, West Valley City, UT 84128 | UT | 2007-03 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,111 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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