Civic Intelligence

Vcbc

990EZ • Fiscal year 2023 • EIN 20-2063973

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 22, 2024

Organization Profilewww.vcbconline.org
2625 Middlefield Rd 126Palo Alto, CA 94306-2516

(408) 307-3767

Siviq Scores

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

Liabilities / Assets

80th percentile

0.19x

Higher debt load relative to assets than 80% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

83rd percentile

0.21x

Higher debt load relative to revenue than 83% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

88th percentile

27%

Higher net margin than 88% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

87th percentile

$51,000

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 33.3% of source-year revenue.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

88th percentile

37%

Faster asset growth than 88% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

92nd percentile

80%

Faster revenue growth than 92% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets80th percentile

Assets

Flat

$170,611

Flat from 2023

Net Assets

$138,747

No earlier filing loaded for comparison.

Liabilities

Flat

$31,864

Flat from 2023

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin88th percentile

Revenue

Flat

$153,350

Flat from 2023

Expenses

Flat

$111,368

Flat from 2023

Net Income

Flat

$41,982

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$200K$150K$100K$50K$0Assets 2011: $53,376Liabilities 2011: $4,3322011Assets 2012: $77,389Liabilities 2012: $10,0652012Assets 2013: $89,563Liabilities 2013: $7,8592013Assets 2014: $109,847Liabilities 2014: $7,5312014Assets 2015: $119,567Liabilities 2015: $6,5912015Assets 2016: $98,095Liabilities 2016: $4,5002016Assets 2017: $114,100Liabilities 2017: $7,8382017Assets 2018: $112,531Liabilities 2018: $5,3202018Assets 2019: $136,242Liabilities 2019: $37,3672019Assets 2020: $103,351Liabilities 2020: $39,6002020Assets 2021: $90,648Liabilities 2021: $18,375Net Assets 2021: $72,2732021Assets 2022: $124,827Liabilities 2022: $28,062Net Assets 2022: $96,7652022Assets 2023: $170,611Liabilities 2023: $31,864Net Assets 2023: $138,7472023Assets 2023: $170,611Liabilities 2023: $31,8642023

Highlighted filing

2023

Assets$170,611
Liabilities$31,864
Net Assets$138,747
Open 2023 Filing

Operations Trend

Revenue Growth92nd percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $65,824Expenses 2011: $69,450Net Income 2011: -$3,6262011Revenue 2012: $73,556Expenses 2012: $55,276Net Income 2012: $18,2802012Revenue 2013: $89,958Expenses 2013: $75,578Net Income 2013: $14,3802013Revenue 2014: $83,744Expenses 2014: $63,132Net Income 2014: $20,6122014Revenue 2015: $84,603Expenses 2015: $73,943Net Income 2015: $10,6602015Revenue 2016: $91,452Expenses 2016: $110,833Net Income 2016: -$19,3812016Revenue 2017: $124,203Expenses 2017: $111,516Net Income 2017: $12,6872017Revenue 2018: $92,438Expenses 2018: $91,489Net Income 2018: $9492018Revenue 2019: $108,103Expenses 2019: $116,439Net Income 2019: -$8,3362019Revenue 2020: $11,350Expenses 2020: $9,063Net Income 2020: $2,2872020Revenue 2021: $56,425Expenses 2021: $47,903Net Income 2021: $8,5222021Revenue 2022: $85,135Expenses 2022: $60,643Net Income 2022: $24,4922022Revenue 2023: $153,350Expenses 2023: $111,368Net Income 2023: $41,9822023Revenue 2023: $153,350Expenses 2023: $111,368Net Income 2023: $41,9822023

Highlighted filing

2023

Revenue$153,350
Expenses$111,368
Net Income$41,982
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 22, 2024
Return Version
2023v5.1
Gross Receipts
$153,350
Mission and Program Overview

Mission

Professional Business League

Program Services

DescriptionGrantsExpenses
Virtual and in-person member education and networking events for accounting & finance professionals in the venture capital industry. Sixteen events were held in 2023 including seven in-person. Topics included treasury management banking software liquidity solutions portfolio construction tax and accounting.$0$35,305
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sonya HannaSecretary-$51,000-$51,000
Michael AlbangChairperson-$0--
Greg LyonChairperson-$0--
Louis CorsoCFO-$0--
Rebecca LuciaDirector-$0--
Purvi ShahDirector-$0--
Anna NitschkeDirector-$0--
Spencer AckermannDirector-$0--
Larry CookDirector-$0--
Chris HuetherDirector-$0--
Roger LeeDirector-$0--
Ryan RandallDirector-$0--
Filing and Contact Details

Filer

Filer Name
Vcbc
EIN
20-2063973
In Care Of
% LOUIS CORSO
Address
2625 MIDDLEFIELD RD 126, PALO ALTO, CA 94306-2516

Signing Officer

Name
Louis Corso
Title
CFO
Signed
2024-07-22
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Event Expenses, $35305| Insurance, $2806| Website Expenses, $15928| Other, $5329|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Prepaid Expenses, $9588, $9588|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Credit Card Payable, $2088, $11264| Prepaid Membership Dues, $25974, $20600|”

Raw XML Appendix156 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Louis Corso
IRS990EZ/BooksInCareOfDetail/PhoneNum04083073767
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0622 San Miguel Avenue
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Santa Clara
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd095050
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0115239
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0161023
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt041982
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt052000
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt0170611
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0153350
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0129600
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt096765
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0138747
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt096765
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0138747
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt112
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt351000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Michael Albang
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Greg Lyon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Louis Corso
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Sonya Hanna
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Rebecca Lucia
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Purvi Shah
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Anna Nitschke
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Spencer Ackermann
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Larry Cook
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Chris Huether
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Roger Lee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11Ryan Randall
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairperson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chairperson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt09588
IRS990EZ/OtherAssetsTotalDetail/EOYAmt09588
IRS990EZ/OtherExpensesTotalAmt059368
IRS990EZ/PrimaryExemptPurposeTxt0Professional Business League
IRS990EZ/ProgramServiceRevenueAmt023750
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Virtual and in-person member education and networking events for accounting & finance professionals in the venture capital industry. Sixteen events were held in 2023 including seven in-person. Topics included treasury management banking software liquidity solutions portfolio construction tax and accounting.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt035305
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt028062
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt031864
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0111368
IRS990EZ/TotalProgramServiceExpensesAmt035305
IRS990EZ/TotalRevenueAmt0153350
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.vcbconline.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Event Expenses, $35305| Insurance, $2806| Website Expenses, $15928| Other, $5329|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Explanation:, BOYAmount:, EOYAmount:| Prepaid Expenses, $9588, $9588|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Credit Card Payable, $2088, $11264| Prepaid Membership Dues, $25974, $20600|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Louis Corso
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VCBC
ReturnHeader/Filer/BusinessNameControlTxt0VCBC
ReturnHeader/Filer/EIN0202063973
ReturnHeader/Filer/ForeignPhoneNum04083073767
ReturnHeader/Filer/InCareOfNm0% LOUIS CORSO
ReturnHeader/Filer/USAddress/AddressLine1Txt02625 MIDDLEFIELD RD 126
ReturnHeader/Filer/USAddress/CityNm0PALO ALTO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd0943062516
ReturnHeader/ReturnTs02024-07-22T03:39:45-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Louis
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Corso
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$170,611
Liabilities
$31,864
Net assets
$138,747
Revenue
$153,350
Expenses
$111,368
Net income
$41,982
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.71$0.32$1.39$1.53$1.11$0.42
2023Summary only. Only limited summary data is available for this year.$1.71$0.32$1.53$1.11$0.42
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.28$0.97$0.85$0.61$0.24
2021Detailed filing. Detailed filing data is available for this year.$0.91$0.18$0.72$0.56$0.48$0.09
2020Summary only. Only limited summary data is available for this year.$1.03$0.40$0.11$0.09$0.02
2019Summary only. Only limited summary data is available for this year.$1.36$0.37$1.08$1.16$0.08
2018Summary only. Only limited summary data is available for this year.$1.13$0.05$0.92$0.91$0.01
2017Summary only. Only limited summary data is available for this year.$1.14$0.08$1.24$1.12$0.13
2016Summary only. Only limited summary data is available for this year.$0.98$0.05$0.91$1.11$0.19
2015Summary only. Only limited summary data is available for this year.$1.20$0.07$0.85$0.74$0.11
2014Summary only. Only limited summary data is available for this year.$1.10$0.08$0.84$0.63$0.21
2013Summary only. Only limited summary data is available for this year.$0.90$0.08$0.90$0.76$0.14
2012Summary only. Only limited summary data is available for this year.$0.77$0.10$0.74$0.55$0.18
2011Summary only. Only limited summary data is available for this year.$0.53$0.04$0.66$0.69$0.04