Civic Intelligence

Vesalius Foundation for Visual Communications in Health Sciences

990 • Fiscal year 2020 • EIN 20-1609682

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 12, 2021

5309 Waneta RoadBethesda, MD 20816

(904) 878-7801

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Source year 2020

Net Margin

10th percentile

-173%

Higher net margin than 10% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Source year 2020

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • NTEE G • <$500k nonprofits • Source year 2020

Asset Growth

31st percentile

-7.4%

Faster asset growth than 31% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

56th percentile

-17%

Faster revenue growth than 56% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$456,303

Down $36,543 (-7.4%) from 2019

Net Assets

Down

$456,157

Down $36,543 (-7.4%) from 2019

Liabilities

Flat

$146

Flat from 2019

Revenue

Down

$21,148

Down $4,429 (-17%) from 2019

Expenses

Up

$57,691

Up $9,494 (+20%) from 2019

Net Income

Down

-$36,543

Down $13,923 (-62%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $402,036Liabilities 2011: $6,102Net Assets 2011: $395,9342011Assets 2012: $398,295Liabilities 2012: $8,875Net Assets 2012: $389,4202012Assets 2013: $465,523Liabilities 2013: $13,874Net Assets 2013: $451,6492013Assets 2014: $456,006Liabilities 2014: $3,090Net Assets 2014: $452,9162014Assets 2015: $401,616Liabilities 2015: $0Net Assets 2015: $401,6162015Assets 2016: $328,977Liabilities 2016: $0Net Assets 2016: $328,9772016Assets 2017: $374,997Liabilities 2017: $3,591Net Assets 2017: $371,4062017Assets 2018: $585,981Liabilities 2018: $147Net Assets 2018: $585,8342018Assets 2019: $492,846Liabilities 2019: $146Net Assets 2019: $492,7002019Assets 2020: $456,303Liabilities 2020: $146Net Assets 2020: $456,1572020Assets 2021: $521,190Liabilities 2021: $0Net Assets 2021: $521,1902021Assets 2022: $456,460Liabilities 2022: $0Net Assets 2022: $456,4602022Assets 2023: $454,433Liabilities 2023: $73Net Assets 2023: $454,3602023Assets 2024: $465,153Liabilities 2024: $2,808Net Assets 2024: $462,3452024

Highlighted filing

2020

Assets$456,303
Liabilities$146
Net Assets$456,157

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $77,471Expenses 2011: $45,862Net Income 2011: $31,6092011Expenses 2012: $49,3032012Expenses 2013: $46,0722013Revenue 2014: $23,642Expenses 2014: $76,061Net Income 2014: -$52,4192014Revenue 2015: $52,111Expenses 2015: $98,563Net Income 2015: -$46,4522015Revenue 2016: -$12,510Expenses 2016: $60,129Net Income 2016: -$72,6392016Revenue 2017: $75,288Expenses 2017: $66,976Net Income 2017: $8,3122017Revenue 2018: $243,818Expenses 2018: $48,619Net Income 2018: $195,1992018Revenue 2019: $25,577Expenses 2019: $48,197Net Income 2019: -$22,6202019Revenue 2020: $21,148Expenses 2020: $57,691Net Income 2020: -$36,5432020Revenue 2021: $124,563Expenses 2021: $59,530Net Income 2021: $65,0332021Revenue 2022: $92,639Expenses 2022: $60,498Net Income 2022: $32,1412022Revenue 2023: $43,623Expenses 2023: $71,175Net Income 2023: -$27,5522023Revenue 2024: $45,405Expenses 2024: $57,129Net Income 2024: -$11,7242024

Highlighted filing

2020

Revenue$21,148
Expenses$57,691
Net Income-$36,543
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 12, 2021
Return Version
2019v5.0
Gross Receipts
$21,148
Mission and Program Overview

Mission

To provide leadership for the advancement of education and research in visual communication for the health sciences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$489,132$444,357▼ $44,775
Cash and Non-Interest-Bearing Accounts$1,495$9,987▲ $8,492
Accounts Receivable$1,435$1,175▼ $260
Land, Buildings, and Equipment, Net$784$784→ $0
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$492,846$456,303▼ $36,543
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$146$146→ $0
Total Liabilities$146$146→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$400,328$400,328→ $0
Net Assets Without Donor Restrictions$92,372$55,829▼ $36,543
Total Net Assets Fund Balance$492,700$456,157▼ $36,543
Total Liabilities and Net Assets / Fund Balance$492,846$456,303▼ $36,543

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$784-$784
Compensation and Service Providers

Board Members and Trustees

NameTitle
David Warner EhlertPresident
Jill RheadVice President
Chelsea CanlasDirector
Dorothy FatunmbiDirector
Laura GarrisonDirector
Marcia HartsockDirector
Marie DauenheimerDirector
Mark MillerDirector
Sandra JoffeDirector
Wendy JackelowDirector
Joan MKTyckoExecutive Director
Laura RoySecretary
William HamiltonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$59,365
Program Service Revenue
$0
Investment Income
$-39,223
Other Revenue
$1,006
All Other Contributions
$46,316
Change in Net Assets
$-36,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$46,566
Grants and Similar Amounts Paid$11,125
Total Fundraising Expense$4,414
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$25,400-$25,400
Grants to Domestic Individuals$11,125--$11,125
Fees for Service Investment Mgmnt Fees-$5,551-$5,551
Other Expenses--$4,218$4,218
Fees for Services Accounting-$3,596-$3,596
Conferences and Meetings$2,178--$2,178
Travel$1,890$121-$2,011
Office Expenses$1,236$530$196$1,962
Information Technology$630$270-$900
Insurance$525$225-$750
Total Functional Expenses$17,584$35,693$4,414$57,691
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Executive DirManagement FeesNo$10,200

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

The Organization has delegated daily operation of the Foundation to a management company, Schott Management company.

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is reviewed by the management company prior to filing with the IRS.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Governing and financial documents are available upon request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Vesalius Foundation for Visual
EIN
20-1609682
Phone
9048787801
Address
5309 Waneta Road, Bethesda, MD 20816

Signing Officer

Name
Joan Tycko
Title
Executive Director
Signed
2021-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joan Tycko
Formed
2007
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
12
Employees
0

Preparer

Firm
Rocha & Company Pc
Address
9841 Washingtonian Boulevard Suite, Gaithersburg, MD 20878
Preparer
Ryan W Rocha CPA
Phone
3015192912
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt055829
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt0196
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0530
IRS990/OfficeExpensesGrp/ProgramServicesAmt01236
IRS990/OfficeExpensesGrp/TotalAmt01962
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Fundraising
IRS990/OtherExpensesGrp/FundraisingAmt04218
IRS990/OtherExpensesGrp/TotalAmt04218
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/Desc0Product sales
IRS990/OtherRevenueMiscGrp/ExclusionAmt01006
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01006
IRS990/OtherRevenueTotalAmt01006
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Joan Tycko
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt025696
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt010500
IRS990/PYInvestmentIncomeAmt0-7612
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt037697
IRS990/PYOtherRevenueAmt0263
IRS990/PYProgramServiceRevenueAmt07230
IRS990/PYRevenuesLessExpensesAmt0-22620
IRS990/PYTotalExpensesAmt048197
IRS990/PYTotalRevenueAmt025577
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-36543
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt059365
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt025696
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0234695
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt057429
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt017860
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0395045
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0-39223
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0-7612
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05757
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04656
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt010606
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0-25816
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01006
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt07920
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0743
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt08009
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt017678
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0343
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0343
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0-39223
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0-7612
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05757
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04656
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010606
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0-25816
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.06390
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.93610
IRS990ScheduleA/PublicSupportTotal509Amt0413066
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt060371
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt033616
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0235438
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt065438
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt018203
IRS990ScheduleA/Total509Grp/TotalAmt0413066
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt021148
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt026004
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0241195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt070094
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt028809
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0387250
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0784
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0784
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0784
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt04750
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt12000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt22250
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt32000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Research grants
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Alan Cole Scholarship
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Vesalian Scholar
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3Inez Demonet
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt23
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt31
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Schott Management Company
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Executive Dir
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt010200
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Management Fees
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0Schedule L, Part V - Additional Information: The management company used by the Organization is owned by the Executive Director of the Organization.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.65$0.03$4.62$0.45$0.57$0.12
2023Detailed filing. Detailed filing data is available for this year.$4.54$0.00$4.54$0.44$0.71$0.28
2022Detailed filing. Detailed filing data is available for this year.$4.56$0.00$4.56$0.93$0.60$0.32
2021Detailed filing. Detailed filing data is available for this year.$5.21$0.00$5.21$1.25$0.60$0.65
2020Detailed filing. Detailed filing data is available for this year.$4.56$0.00$4.56$0.21$0.58$0.37
2019Detailed filing. Detailed filing data is available for this year.$4.93$0.00$4.93$0.26$0.48$0.23
2018Detailed filing. Detailed filing data is available for this year.$5.86$0.00$5.86$2.44$0.49$1.95
2017Detailed filing. Detailed filing data is available for this year.$3.75$0.04$3.71$0.75$0.67$0.08
2016Detailed filing. Detailed filing data is available for this year.$3.29$0.00$3.29$0.13$0.60$0.73
2015Detailed filing. Detailed filing data is available for this year.$4.02$0.00$4.02$0.52$0.99$0.46
2014Detailed filing. Detailed filing data is available for this year.$4.56$0.03$4.53$0.24$0.76$0.52
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.66$0.14$4.52$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.98$0.09$3.89$0.49
2011Summary only. Only limited summary data is available for this year.$4.02$0.06$3.96$0.77$0.46$0.32
Peer Organizations

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