Civic Intelligence

The Delaware Valley Legacy Fund

990 • Fiscal year 2020 • EIN 23-2802171

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 01, 2021

1835 Market Street Suite 2410Philadelphia, PA 19103

(215) 563-6417

Siviq Scores

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

Liabilities / Assets

36th percentile

0.01x

Higher debt load relative to assets than 36% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.07x

Higher debt load relative to revenue than 53% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

8th percentile

-51%

Higher net margin than 8% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

53rd percentile

$5,917

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

30th percentile

-1.0%

Faster asset growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

16th percentile

-36%

Faster revenue growth than 16% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$809,199

Down $8,235 (-1.0%) from 2019

Net Assets

Up

$804,199

Up $28,265 (+3.6%) from 2019

Liabilities

Down

$5,000

Down $36,500 (-88%) from 2019

Revenue

Down

$68,388

Down $37,909 (-36%) from 2019

Expenses

Down

$103,483

Down $47,963 (-32%) from 2019

Net Income

Up

-$35,095

Up $10,054 (+22%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $591,691Liabilities 2011: $2,708Net Assets 2011: $588,9832011Assets 2012: $639,101Liabilities 2012: $6,617Net Assets 2012: $632,4842012Assets 2013: $707,988Liabilities 2013: $4,425Net Assets 2013: $703,5632013Assets 2014: $712,559Liabilities 2014: $0Net Assets 2014: $712,5592014Assets 2015: $674,081Liabilities 2015: $0Net Assets 2015: $674,0812015Assets 2016: $695,854Liabilities 2016: $3,000Net Assets 2016: $692,8542016Assets 2017: $834,406Liabilities 2017: $12,000Net Assets 2017: $822,4062017Assets 2018: $789,636Liabilities 2018: $15,000Net Assets 2018: $774,6362018Assets 2019: $817,434Liabilities 2019: $41,500Net Assets 2019: $775,9342019Assets 2020: $809,199Liabilities 2020: $5,000Net Assets 2020: $804,1992020Assets 2021: $1,104,395Liabilities 2021: $0Net Assets 2021: $1,104,3952021Assets 2022: $1,028,924Liabilities 2022: $20,803Net Assets 2022: $1,008,1212022Assets 2023: $1,041,190Liabilities 2023: $622Net Assets 2023: $1,040,5682023Assets 2024: $1,121,998Liabilities 2024: $7,695Net Assets 2024: $1,114,3032024

Highlighted filing

2020

Assets$809,199
Liabilities$5,000
Net Assets$804,199

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2011: $229,3432011Expenses 2012: $157,0022012Revenue 2013: $105,165Expenses 2013: $120,063Net Income 2013: -$14,8982013Revenue 2014: $116,309Expenses 2014: $126,140Net Income 2014: -$9,8312014Revenue 2015: $121,303Expenses 2015: $143,928Net Income 2015: -$22,6252015Revenue 2016: $111,111Expenses 2016: $125,976Net Income 2016: -$14,8652016Revenue 2017: $97,145Expenses 2017: $125,574Net Income 2017: -$28,4292017Revenue 2018: $127,329Expenses 2018: $144,902Net Income 2018: -$17,5732018Revenue 2019: $106,297Expenses 2019: $151,446Net Income 2019: -$45,1492019Revenue 2020: $68,388Expenses 2020: $103,483Net Income 2020: -$35,0952020Revenue 2021: $317,026Expenses 2021: $109,082Net Income 2021: $207,9442021Revenue 2022: $138,658Expenses 2022: $156,044Net Income 2022: -$17,3862022Revenue 2023: $76,959Expenses 2023: $134,438Net Income 2023: -$57,4792023Revenue 2024: $66,368Expenses 2024: $112,910Net Income 2024: -$46,5422024

Highlighted filing

2020

Revenue$68,388
Expenses$103,483
Net Income-$35,095
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 1, 2021
Return Version
2020v4.0
Gross Receipts
$69,388
Mission and Program Overview

Mission

Dvlf has been serving the emerging needs of the lgbtq community for almost 25 years. The organization was created to benefit the philadelphia region's lgbtq community by raising money for a permanent endowment. Dvlf fosters positive change every year through advocacy, grantmaking, scholarships, programming and education. This year, dvlf's significantly increased its grantmaking to include even more grants and scholarships. Each year, dvlf empowers and enhances the lives of the lgbtq community by investing in community work. It's critical mission provides services to programs serving the lgbtq community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$748,125$752,511▲ $4,386
Cash and Non-Interest-Bearing Accounts$69,309$56,688▼ $12,621
Total Assets$817,434$809,199▼ $8,235
Liabilities
Accounts Payable and Accrued Expenses$41,500$5,000▼ $36,500
Total Liabilities$41,500$5,000▼ $36,500
Net Assets / Fund Balance
Net Assets With Donor Restrictions$786,385$793,923▲ $7,538
Net Assets Without Donor Restrictions$-10,451$10,276▲ $20,727
Total Net Assets Fund Balance$775,934$804,199▲ $28,265
Total Liabilities and Net Assets / Fund Balance$817,434$809,199▼ $8,235

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$752,511--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$748,125$1,330▲ $63,361-$752,511
2019$646,034$10,000▲ $101,056-$748,125
2018$767,361-▼ $30,197-$700,644
2017$699,963-▲ $103,675-$767,361
2016$634,148-▲ $40,003-$645,657
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Juan Franco Jan-febExecutive DiFT$5,417$500$5,917

Board Members and Trustees

NameTitle
Fernando GonzalezPresident
Christopher Barrett PolitanBoard Member
Clay PayneBoard Member
James WrightBoard Member
John Health OlguinBoard Member
Karl MichelfelderBoard Member
Michael GrosbergBoard Member
Sappho FultonBoard Member
Ted GreenbergBoard Member
Tekara GaineyBoard Member
Tom MooreBoard Member
Toni Mcmasters-moranBoard Member
Valerie GonzalezBoard Member
Keisha PriceGovernance
Julian DomanicoSecretary
William LefflerTreasurer
Gloria MelunisVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$68,388
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$60,510
Change in Net Assets
$-35,095

Audited Revenue Reconciliation

Revenue per Audited Statements
$61,643
Revenue Not Reported on Financial Statements
$6,745
Revenue Not Reported on Form 990
$86,120
Total Revenue per Audited Statements
$147,763
Total Revenue per Form 990
$68,388
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$49,059
Other Expenses$48,023
Total Fundraising Expense$17,458
Salaries, Compensation, and Employee Benefits$6,401
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$49,059--$49,059
Fees for Services Other$9,570$3,828$5,742$19,140
Fees for Services Accounting$4,262$1,705$2,557$8,524
Information Technology$3,736$1,494$2,241$7,471
Fees for Service Investment Mgmnt Fees$3,372$1,349$2,024$6,745
Current Officers, Directors, Trustees, and Key Employees$2,959$1,183$1,775$5,917
Insurance$1,307$523$784$2,614
Office Expenses$932$373$558$1,863
Other Expenses--$1,632$1,632
Payroll Taxes$242$97$145$484
Conferences and Meetings-$34-$34
Total Functional Expenses$75,439$10,586$17,458$103,483

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$119,498
Total Expenses per Form 990$103,483
Expenses per Audited Statements$96,738
Expenses Not Reported on Form 990$22,760
Expenses Not Reported on Financial Statements$6,745
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,000
Fundraising Gross Income$1,000
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

REVIEWED BY TREASURER

Form 990, Page 6, Part VI, Line 12C

Annual disclosure is required

Form 990, Page 6, Part VI, Line 15A

REVIEWED BY BOARD

Form 990, Page 6, Part VI, Line 15B

REVIEWED BY BOARD

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Delaware Valley Legacy Fund
EIN
23-2802171
Phone
2155636417
Address
1835 MARKET STREET SUITE 2410, PHILADELPHIA, PA 19103

Signing Officer

Name
William Leffler
Title
Treasurer
Phone
2155636417
Signed
2021-09-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fernando Gonzalez
Formed
1993
Legal Domicile
Pa
Voting Board Members
17
Independent Board Members
17
Employees
1
Volunteers
100

Preparer

Firm
O'HARA WARD & ASSOCIATES
Address
1036 MILL CREEK DR, FEASTERVILLE, PA 19053
Preparer
Charles Ward
Phone
2153225558
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Dvlf has been serving the emerging needs of the lgbtq community for almost 25 years. The organization was created to benefit the philadelphia region's lgbtq community by raising money for a permanent endowment. Dvlf fosters positive change every year through advocacy, grantmaking, scholarships, programming and education. This year, dvlf's significantly increased its grantmaking to include even more grants and scholarships. Each year, dvlf empowers and enhances the lives of the lgbtq community by investing in community work. It's critical mission provides services to programs serving the lgbtq community.

Form 990, Part IX, Line 11G

Other professional fees 9,570 3,828 5,742

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IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4GOVERNANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt07878
IRS990/FundraisingDirectExpensesAmt01000
IRS990/FundraisingGrossIncomeAmt01000
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantAmt049059
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt049059
IRS990/GrantsToDomesticOrgsGrp/TotalAmt049059
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt069388
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt017
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt02241
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01494
IRS990/InformationTechnologyGrp/ProgramServicesAmt03736
IRS990/InformationTechnologyGrp/TotalAmt07471
IRS990/InsuranceGrp/FundraisingAmt0784
IRS990/InsuranceGrp/ManagementAndGeneralAmt0523
IRS990/InsuranceGrp/ProgramServicesAmt01307
IRS990/InsuranceGrp/TotalAmt02614
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0748125
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0752511
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0DVLF HAS BEEN SERVING THE EMERGING NEEDS OF THE LGBTQ COMMUNITY FOR ALMOST 25 YEARS. THE ORGANIZATION WAS CREATED TO BENEFIT THE PHILADELPHIA REGION'S LGBTQ COMMUNITY BY RAISING MONEY FOR A PERMANENT ENDOWMENT. DVLF FOSTERS POSITIVE CHANGE EVERY YEAR THROUGH ADVOCACY, GRANTMAKING, SCHOLARSHIPS, PROGRAMMING AND EDUCATION. THIS YEAR, DVLF'S SIGNIFICANTLY INCREASED ITS GRANTMAKING TO INCLUDE EVEN MORE GRANTS AND SCHOLARSHIPS. EACH YEAR, DVLF EMPOWERS AND ENHANCES THE LIVES OF THE LGBTQ COMMUNITY BY INVESTING IN COMMUNITY WORK. IT'S CRITICAL MISSION PROVIDES SERVICES TO PROGRAMS SERVING THE LGBTQ COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0775934
IRS990/NetAssetsOrFundBalancesEOYAmt0804199
IRS990/NetUnrlzdGainsLossesInvstAmt063360
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-10451
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010276
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt0558
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0373
IRS990/OfficeExpensesGrp/ProgramServicesAmt0932
IRS990/OfficeExpensesGrp/TotalAmt01863
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0BANK AND CREDIT CARD FEES
IRS990/OtherExpensesGrp/FundraisingAmt01632
IRS990/OtherExpensesGrp/TotalAmt01632
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0145
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt097
IRS990/PayrollTaxesGrp/ProgramServicesAmt0242
IRS990/PayrollTaxesGrp/TotalAmt0484
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0FERNANDO GONZALEZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0106297
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt060404
IRS990/PYOtherExpensesAmt028825
IRS990/PYRevenuesLessExpensesAmt0-45149
IRS990/PYSalariesCompEmpBnftPaidAmt062217
IRS990/PYTotalExpensesAmt0151446
IRS990/PYTotalRevenueAmt0106297
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-35095
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt068388
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0141540
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0131015
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt097145
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0111111
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0549199
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0111111
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94950
IRS990ScheduleA/PublicSupportPY170Pct00.93420
IRS990ScheduleA/PublicSupportTotal170Amt0521464
IRS990ScheduleA/SubstantialContributorsTotAmt027735
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt068388
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0141540
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0131015
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt097145
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0111111
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0549199
IRS990ScheduleA/TotalSupportAmt0549199
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt06745
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0748125
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01330
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0752511
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt053560
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt063361
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt06723
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0646034
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt010000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0748125
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt02242
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0101056
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt07128
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0767361
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0700644
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt029392
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-30197
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt06975
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0699963
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0767361
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt029302
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0103675
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt06365
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0634148
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0645657
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt022129
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt040003
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt022760
IRS990ScheduleD/DonatedServicesUseFcltsAmt022760
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/ExpensesNotReportedAmt022760
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt06745
IRS990ScheduleD/ExpensesSubtotalAmt096738
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt06745
IRS990ScheduleD/InvestmentExpensesNotIncldAmt06745
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0752511
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0GRANT FUND
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/NetUnrealizedGainsInvstAmt063360
IRS990ScheduleD/RevenueNotReportedAmt086120
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt06745
IRS990ScheduleD/RevenueSubtotalAmt061643
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueProgramRltdAmt0752511
IRS990ScheduleD/TotalExpensesPerForm990Amt0103483
IRS990ScheduleD/TotalRevenuePerForm990Amt068388
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0147763
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0119498
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DVLF HAS BEEN SERVING THE EMERGING NEEDS OF THE LGBTQ COMMUNITY FOR ALMOST 25 YEARS. THE ORGANIZATION WAS CREATED TO BENEFIT THE PHILADELPHIA REGION'S LGBTQ COMMUNITY BY RAISING MONEY FOR A PERMANENT ENDOWMENT. DVLF FOSTERS POSITIVE CHANGE EVERY YEAR THROUGH ADVOCACY, GRANTMAKING, SCHOLARSHIPS, PROGRAMMING AND EDUCATION. THIS YEAR, DVLF'S SIGNIFICANTLY INCREASED ITS GRANTMAKING TO INCLUDE EVEN MORE GRANTS AND SCHOLARSHIPS. EACH YEAR, DVLF EMPOWERS AND ENHANCES THE LIVES OF THE LGBTQ COMMUNITY BY INVESTING IN COMMUNITY WORK. IT'S CRITICAL MISSION PROVIDES SERVICES TO PROGRAMS SERVING THE LGBTQ COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED BY TREASURER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL DISCLOSURE IS REQUIRED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED BY BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REVIEWED BY BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.12$0.01$1.11$0.07$0.11$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.00$1.04$0.08$0.13$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.02$1.01$0.14$0.16$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.00$1.10$0.32$0.11$0.21
2020Detailed filing. Detailed filing data is available for this year.$0.81$0.01$0.80$0.07$0.10$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.04$0.78$0.11$0.15$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.02$0.77$0.13$0.14$0.02
2017Summary only. Only limited summary data is available for this year.$0.83$0.01$0.82$0.10$0.13$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.00$0.69$0.11$0.13$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.12$0.14$0.02
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.00$0.71$0.12$0.13$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.70$0.11$0.12$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.01$0.63$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.00$0.59$0.23