Vip Education Fund

990EZ • Fiscal year 2021 • EIN 27-0328874

Jul 01, 2020 to Jun 30, 2021 • Filed on May 02, 2022

Organization Profile

2728 E Thomas Road STE 108Phoenix, AZ 85016

(602) 248-0607

Siviq Scores

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

0.89x

Higher debt load relative to assets than 93% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

0.29x

Higher debt load relative to revenue than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

-14%

Higher net margin than 22% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

-29%

Faster asset growth than 14% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

-6.0%

Faster revenue growth than 41% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet

Liabilities / Assets93rd percentile

Assets

Down

$37,171

Down $14,910 (-29%) from 2020

Net Assets

Down

$4,106

Down $15,885 (-79%) from 2020

Liabilities

$33,065

Up $975 (+3.0%) from 2020

Revenue And Expenses

Liabilities / Revenue87th percentile Net Margin22nd percentile

Revenue

Down

$115,037

Down $7,314 (-6.0%) from 2020

Expenses

Down

$130,922

Down $62,659 (-32%) from 2020

Net Income

-$15,885

Up $55,345 (+78%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

Highlighted filing

2021

Assets$37,171

Liabilities$33,065

Net Assets$4,106

Open 2021 Filing

Operations Trend

Revenue Growth41st percentile

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

Highlighted filing

2021

Revenue$115,037

Expenses$130,922

Net Income-$15,885

Open 2021 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2020 to Jun 30, 2021
Signed: May 2, 2022
Return Version: 2020v4.1
Gross Receipts: $115,037

Mission and Program Overview

Mission

VIP EF is a nonprofit Arizona Corporation whose mission is to provide education for citizens on aspects of effective leadership as well as participation in public forums and civic organizations.

See Schedule O

Program Services

Description	Grants	Expenses
See attached PDF.	-	$113,051

Compensation and Service Providers

Top Officer Pay77th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Monica Dorcey	President	-	$0	-	-
William Moore	Treasurer	-	$0	-	-
Josefina Sanchez	Director	-	$0	-	-
Patricia Hunn	Director	-	$0	-	-
Janet Valder	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: VIP Education Fund
EIN: 27-0328874
Address: 2728 E Thomas Road STE 108, Phoenix, AZ 85016

Signing Officer

Name: Monica Dorcey
Title: President
Phone: 6022480607
Signed: 2022-05-02
Discuss with paid preparer: Yes

Preparer

Firm: Jennifer J Phillips CPA PLLC
Address: PO Box 17257, Tucson, AZ 85731
Preparer: Jennifer J Phillips
Phone: 5202477087

Supplemental Narrative

Additional Explanations

General explanation attachment

“Part III Exempt Purpose: VIP Education Fund (VIPEF) is a nonprofit Arizona Corporation whose mission is to provide education for citizens on aspects of effective leadership as well as participation in public forums and civic organizations.”

Description of other expenses Part I line 16

“Description AmountContracts with affiliates 49,748Miscellaneous 1,218Repairs and maintenance 33Insurance 1,871Telephone 1,344Office supplies/expense 104”

Description of other assets Part II line 24

“Category Beginning of Year End of YearOther receivables 914 914Prepaid and other assets 2,955 2,931Due from affiliated orgs 3,422 3,422”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearAccounts payable 2,090 3,065Due to affiliated orgs 30,000 30,000”

Raw XML Appendix168 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	Monica Dorcey
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	William Moore
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	Josefina Sanchez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	Patricia Hunn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	Janet Valder
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	Director
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	7291
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	7267
IRS990EZ/OtherExpensesTotalAmt	0	54318
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	See Schedule O
IRS990EZ/PrintingPublicationsPostageAmt	0	219
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	See attached PDF.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	113051
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	32090
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	33065
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	130922
IRS990EZ/TotalProgramServiceExpensesAmt	0	113051
IRS990EZ/TotalRevenueAmt	0	115037
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	112811
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	83936
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	91837
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	380442
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	185440
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	854466
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	2226
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	915
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	1088
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	2490
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	543
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	7262
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt	0	37500
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.51220
IRS990ScheduleA/PublicSupportPY170Pct	0	0.47760
IRS990ScheduleA/PublicSupportTotal170Amt	0	441406
IRS990ScheduleA/SubstantialContributorsTotAmt	0	413060
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	112811
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IRS990ScheduleA/TotalSupportAmt	0	861728
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Part III Exempt Purpose: VIP Education Fund (VIPEF) is a nonprofit Arizona Corporation whose mission is to provide education for citizens on aspects of effective leadership as well as participation in public forums and civic organizations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Description AmountContracts with affiliates 49,748Miscellaneous 1,218Repairs and maintenance 33Insurance 1,871Telephone 1,344Office supplies/expense 104
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Category Beginning of Year End of YearOther receivables 914 914Prepaid and other assets 2,955 2,931Due from affiliated orgs 3,422 3,422
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Category Beginning of Year End of YearAccounts payable 2,090 3,065Due to affiliated orgs 30,000 30,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	General explanation attachment
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Description of total liabilities Part II line 26
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ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm	0	Monica Dorcey
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	President
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	6022480607
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2022-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	VIP Education Fund
ReturnHeader/Filer/BusinessNameControlTxt	0	VIPE
ReturnHeader/Filer/EIN	0	270328874
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	2728 E Thomas Road STE 108
ReturnHeader/Filer/USAddress/CityNm	0	Phoenix
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	AZ
ReturnHeader/Filer/USAddress/ZIPCd	0	85016
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	455076143
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Jennifer J Phillips CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	PO Box 17257
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Tucson
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	85731
ReturnHeader/PreparerPersonGrp/PhoneNum	0	5202477087
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2022-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Jennifer J Phillips
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2022-05-06T22:38:21-04:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	Monica
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	Dorcey
ReturnHeader/TaxPeriodBeginDt	0	2020-07-01
ReturnHeader/TaxPeriodEndDt	0	2021-06-30
ReturnHeader/TaxYr	0	2020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $37,171
Liabilities: $33,065
Net assets: $4,106
Revenue: $115,037
Expenses: $130,922
Net income: -$15,885

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$1.23	$0.94	$0.29	$1.47	$1.47	$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.70	$0.02	$0.69	$0.87	$0.43	$0.44
2022Detailed filing. Detailed filing data is available for this year.	$0.43	$0.18	$0.24	$1.35	$0.80	$0.55
2021Detailed filing. Detailed filing data is available for this year.	$0.37	$0.33	$0.04	$1.15	$1.31	$0.16
2020Detailed filing. Detailed filing data is available for this year.	$0.52	$0.32	$0.20	$1.22	$1.94	$0.71
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.31	$0.00	$1.31	$0.93	$1.75	$0.82
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.60	$0.55	$2.05	$3.83	$2.85	$0.98
2017Detailed filing. Detailed filing data is available for this year.	$1.40	$0.33	$1.07	$1.86	$1.24	$0.62
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.67	$0.22	$0.45	$1.07	$1.48	$0.41
2015Detailed filing. Detailed filing data is available for this year.	$1.43	$0.57	$0.86	$2.20	$1.62	$0.58
2014Detailed filing. Detailed filing data is available for this year.	$0.40	$0.13	$0.28	$0.44	$0.51	$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.47	$0.13	$0.34	$1.15	$1.63	$0.49
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.08	$0.25	$0.83	$1.63	$1.43	$0.20