Civic Intelligence

Vertile Foundation Inc.

990 • Fiscal year 2022 • EIN 27-2077273

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 01, 2023

Organization ProfileWWW.THEVERTILEHOUSE.ORG
6681 Arapahoe Road 1 1Boulder, CO 80203

(303) 875-9058

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

76th percentile

26%

Higher net margin than 76% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

60th percentile

8.4%

Faster asset growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

71st percentile

44%

Faster revenue growth than 71% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$402,015

Up $31,211 (+8.4%) from 2021

Net Assets

Up

$402,015

Up $31,211 (+8.4%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin76th percentile

Revenue

Up

$206,263

Up $63,303 (+44%) from 2021

Expenses

Up

$152,150

Up $32,346 (+27%) from 2021

Net Income

Up

$54,113

Up $30,957 (+134%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$800K$600K$400K$200K$0Assets 2015: $72,627Liabilities 2015: $0Net Assets 2015: $72,6272015Assets 2016: $58,138Liabilities 2016: $0Net Assets 2016: $58,1382016Assets 2017: $120,750Liabilities 2017: $0Net Assets 2017: $120,7502017Assets 2018: $248,449Liabilities 2018: $0Net Assets 2018: $248,4492018Assets 2019: $320,399Liabilities 2019: $0Net Assets 2019: $320,3992019Assets 2020: $347,648Liabilities 2020: $0Net Assets 2020: $347,6482020Assets 2021: $370,804Liabilities 2021: $0Net Assets 2021: $370,8042021Assets 2022: $402,015Liabilities 2022: $0Net Assets 2022: $402,0152022Assets 2023: $593,374Liabilities 2023: $0Net Assets 2023: $593,3742023Assets 2024: $715,289Liabilities 2024: $0Net Assets 2024: $715,2892024

Highlighted filing

2022

Assets$402,015
Liabilities$0
Net Assets$402,015
Open 2022 Filing

Operations Trend

Revenue Growth71st percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2015: $157,535Expenses 2015: $84,908Net Income 2015: $72,6272015Revenue 2016: $80,266Expenses 2016: $94,755Net Income 2016: -$14,4892016Revenue 2017: $115,486Expenses 2017: $72,597Net Income 2017: $42,8892017Revenue 2018: $249,453Expenses 2018: $121,754Net Income 2018: $127,6992018Revenue 2019: $191,249Expenses 2019: $119,299Net Income 2019: $71,9502019Revenue 2020: $136,092Expenses 2020: $107,844Net Income 2020: $28,2482020Revenue 2021: $142,960Expenses 2021: $119,804Net Income 2021: $23,1562021Revenue 2022: $206,263Expenses 2022: $152,150Net Income 2022: $54,1132022Revenue 2023: $369,742Expenses 2023: $178,383Net Income 2023: $191,3592023Revenue 2024: $249,881Expenses 2024: $147,136Net Income 2024: $102,7452024

Highlighted filing

2022

Revenue$206,263
Expenses$152,150
Net Income$54,113
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 1, 2023
Return Version
2022v5.0
Gross Receipts
$206,263
Mission and Program Overview

Mission

The vertile house provides orphaned and abandoned youth in carrefour, haiti with a safe, stable, and nurturing home. They empower each child with opportunities to envision and realize a healthy future.

Haiti is in crisis with 60% of haitians living in extreme poverty. The vertile foundation provides housing, food, education, medical care and counseling for orphaned and abandoned children in carrefour, haiti. The organization also runs a school in leogane, haiti that serves 150+ students ages 6 and up that would otherwise struggle in school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$370,804$402,015▲ $31,211
Cash and Non-Interest-Bearing Accounts$216,635$247,644▲ $31,009
Land, Buildings, and Equipment, Net$154,264$154,371▲ $107
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Investments Other Securities$-95--
Total Assets$370,804$402,015▲ $31,211
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$370,804$402,015▲ $31,211
Total Liabilities and Net Assets / Fund Balance$370,804$402,015▲ $31,211

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$96,199$10,982$107,181
Land$50,000-$50,000
Equipment$8,172$16,767$24,939
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Ricardo ChangeuxPresident
Colin ForkinBoard Member
David AlexanderBoard Member
Garlise BoniBoard Member
Nicole MillerBoard Member
Melissa RozaExecutive Director
Serina OjalaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$174,618
Program Service Revenue
$0
Investment Income
$5
Other Revenue
$31,640
All Other Contributions
$136,655
Change in Net Assets
$54,113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$152,150
Total Fundraising Expense$1,410
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$40,551$5,561-$46,112
All Other Expenses$13,594$166-$13,760
Office Expenses$8,172$2,193$90$10,455
Depreciation Depletion$6,893--$6,893
Other Expenses$4,500$1,500-$6,000
Information Technology$1,348$360$1,320$3,028
Travel$360--$360
Total Functional Expenses$140,960$9,780$1,410$152,150
International Activity

International Summary

Offices
2
Employees
44
Spending
$148,159

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
HaitiProgram ServicesProvide Housing, Food, Supplies and Counseling to Children in Carrefour, Haiti. Provide Education Services, Teacher Training and Testing Center in Leogane, Haiti.244$148,159
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,640
Fundraising Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Silent Auction$31,600$29,965-$29,965
Gala$38,003$1,675-$1,675
Total Events$69,603$31,640-$31,640
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
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
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
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A draft copy of the return is provided to the treasurer, executive director, president, and all board members for review prior to filing the form 990 to comment before it is filed.”

Form 990, Part VI, Section B, Line 12C

“The vertile foundation's conflict of interest policy applies to any director or officer and provides that any potential conflict of interest must be disclosed prior to discussion and/or action. The board will then determine how to address the potential conflict. Generally, the individual with the conflict will leave the meeting or call during the discussion as well as be absent during the vote. Each officer and director signs an affirmation that they have reviewed the board approved conflict of interest policy and disclosed any known relationships that have business with the vertile foundation or other potential conflicts. This is signed and reviewed annually.”

Form 990, Part VI, Section C, Line 19

“The vertile foundation governing documents and conflict of interest policy are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Vertile Foundation
EIN
27-2077273
Phone
3038759058
Address
6681 ARAPAHOE ROAD 1 1, BOULDER, CO 80203

Signing Officer

Name
Ricardo Changeux
Title
President
Phone
3038759058
Signed
2023-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ricardo Changeux
Formed
2010
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
RYAN GUNSAULS & O'DONNELL LLC
Address
5590 E YALE AVE SUITE 201, DENVER, CO 80222
Preparer
Stephanie Mather
Phone
3037585558
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contractor fees: program service expenses 40,551. Management and general expenses 5,561. Fundraising expenses 0. Total expenses 46,112.”

Raw XML AppendixShowing 400 of 438 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0HAITI IS IN CRISIS WITH 60% OF HAITIANS LIVING IN EXTREME POVERTY. THE VERTILE FOUNDATION PROVIDES HOUSING, FOOD, EDUCATION, MEDICAL CARE AND COUNSELING FOR ORPHANED AND ABANDONED CHILDREN IN CARREFOUR, HAITI. THE ORGANIZATION ALSO RUNS A SCHOOL IN LEOGANE, HAITI THAT SERVES 150+ STUDENTS AGES 6 AND UP THAT WOULD OTHERWISE STRUGGLE IN SCHOOL.
IRS990/AllOtherContributionsAmt0136655
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0166
IRS990/AllOtherExpensesGrp/ProgramServicesAmt013594
IRS990/AllOtherExpensesGrp/TotalAmt013760
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/PersonNm0SERINA OJALA
IRS990/BooksInCareOfDetail/PhoneNum03037158892
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06681 ARAPAHOE ROAD 1
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOULDER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080203
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0216635
IRS990/CashNonInterestBearingGrp/EOYAmt0247644
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt037963
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0174618
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05
IRS990/CYOtherExpensesAmt0152150
IRS990/CYOtherRevenueAmt031640
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt054113
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0152150
IRS990/CYTotalFundraisingExpenseAmt01410
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0206263
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt06893
IRS990/DepreciationDepletionGrp/TotalAmt06893
IRS990/Desc0HOUSING: THE VERTILE FOUNDATION HAS PROVIDED A LOVING HOME, FOOD, MEDICAL CARE AND COUNSELING FOR ORPHANED AND ABANDONED CHILDREN IN CARREFOUR (A SUBURB OF PORT-AU-PRINCE), HAITI, SINCE 2010. WE CURRENTLY HOUSE 20 CHILDREN. WE ALSO HELP DOZENS OF OTHER CHILDREN IN THE AREA WITH EXTRA FOOD, EDUCATION, SUPPLIES, AND COUNSELING. VIOLENT GANGS THAT NOW CONTROL PORT-AU-PRINCE ARE BLOCKING ROADWAYS, AND KIDNAPPING, RAPING AND MURDERING CIVILIANS. IT IS NOT SAFE TO CONTINUE TO OPERATE OUR HOME IN THIS AREA, SO THE VERTILE FOUNDATION IS BUILDING A NEW HOME IN LEOGANE, HAITI, THAT IS IN A SAFER LOCATION AND WITHIN A 3 MINUTE SAFE WALK TO THE SCHOOL. THIS NEW FACILITY WILL HOUSE 24 KIDS AND WILL HAVE A LARGER CAPACITY FOR COMMUNITY OUTREACH (SUMMER CAMPS, TUTORING, LANGUAGE LESSONS, ETC.).
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt091891
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05561
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt040551
IRS990/FeesForServicesOtherGrp/TotalAmt046112
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd01
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0NICOLE MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm2COLIN FORKIN
IRS990/Form990PartVIISectionAGrp/PersonNm3GARLISE BONI
IRS990/Form990PartVIISectionAGrp/PersonNm4SERINA OJALA
IRS990/Form990PartVIISectionAGrp/PersonNm5RICARDO CHANGEUX
IRS990/Form990PartVIISectionAGrp/PersonNm6MELISSA ROZA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt037963
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt031640
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0206263
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01320
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0360
IRS990/InformationTechnologyGrp/ProgramServicesAmt01348
IRS990/InformationTechnologyGrp/TotalAmt03028
IRS990/InvestmentIncomeGrp/ExclusionAmt05
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0-95
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt027749
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0154264
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0154371
IRS990/LandBldgEquipCostOrOtherBssAmt0182120
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE VERTILE FOUNDATION SUPPORTS CHILDREN IN NEED IN HAITI THROUGH TWO PROGRAMS: (1) A CHILDREN'S HOME THAT PROVIDES HOUSING, FOOD, EDUCATION, MEDICAL CARE AND COUNSELING FOR ORPHANED AND ABANDONED CHILDREN, AND (2) A SCHOOL THAT SERVES 150+ STUDENTS AGES 6 AND UP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0370804
IRS990/NetAssetsOrFundBalancesEOYAmt0402015
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt031640
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt031640
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt01675
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt090
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02193
IRS990/OfficeExpensesGrp/ProgramServicesAmt08172
IRS990/OfficeExpensesGrp/TotalAmt010455
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SUPPLIES - HOUSING
IRS990/OtherExpensesGrp/Desc1ACADEMIC EXPENSES - HOU
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE -
IRS990/OtherExpensesGrp/Desc3SECURITY - ACADEMY
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01500
IRS990/OtherExpensesGrp/ProgramServicesAmt042248
IRS990/OtherExpensesGrp/ProgramServicesAmt115294
IRS990/OtherExpensesGrp/ProgramServicesAmt28000
IRS990/OtherExpensesGrp/ProgramServicesAmt34500
IRS990/OtherExpensesGrp/TotalAmt042248
IRS990/OtherExpensesGrp/TotalAmt115294
IRS990/OtherExpensesGrp/TotalAmt28000
IRS990/OtherExpensesGrp/TotalAmt36000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RICARDO CHANGEUX
IRS990/PriorPeriodAdjustmentsAmt0-22902
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION, TEACHER TRAINING AND TESTING CENTER: ONLY 20% OF KIDS IN HAITI MAKE IT PAST THE 6TH GRADE IN THEIR EDUCATION. THIS IS DUE TO HAITI BEING ONE OF THE POOREST AND MOST VIOLENT NATION IN THE WESTERN HEMISHPERE. 60% OF HAITIANS LIVE IN POVERTY. A RECENT SERIES OF EARTHQUAKES AND HURRICANES HAVE DECIMATED MANY SCHOOLS IN HAITI AND MOST HAVE NEVER BEEN REBUILT. THIS POVERTY AND LACK OF SCHOOLS IN HAITI HAS LEFT THE EDUCATION SYSTEM IN SHAMBLES. THIS IS CONTRIBUTING TO THE CYCLE OF POVERTY BECAUSE EDUCATION IS ONE OF THE BEST WAYS TO LIFT A CHILD, FAMILY AND COMMUNITY OUT OF POVERTY. 1. EDUCATION - IN 2019 THE VERTILE FOUNDATION OPENED A SCHOOL IN LEOGANE, HAITI. OUR SCHOOL CURRENTLY EDUCATES 150+ STUDENTS AND IS GROWING EACH YEAR. 2. TEACHER TRAINING - OUR EXCELLENT TRACK RECORD HAS EARNED US THE PRIVILEGE OF BEING A TRAINING CENTER FOR TEACHERS AND SCHOOL ADMINISTRATORS IN THE REGION. 3. TESTING CENTERS - VERTILE HOUSE ALSO HAS ONE OF THE FEW TESTING CENTERS IN THE REGION
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt049069
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0142955
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05
IRS990/PYOtherExpensesAmt0119804
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt023156
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0119804
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0142960
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt054113
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0370804
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0402015
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0105300
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt094716
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt086379
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt073500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt086038
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0445933
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0136655
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0142955
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0136091
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0209268
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0235656
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0860625
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt013
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt069603
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt069603
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt013
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.52060
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0484295
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0105300
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt094716
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt086379
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt073500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt086038
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0445933
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0206258
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0142955
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0136091
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0209268
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0235656
IRS990ScheduleA/Total509Grp/TotalAmt0930228
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0206263
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0142960
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0136092
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0209270
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0235656
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0930241
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt096199
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010982
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0107181
IRS990ScheduleD/EquipmentGrp/BookValueAmt08172
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016767
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024939
IRS990ScheduleD/LandGrp/BookValueAmt050000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0154371
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt044
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt02
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0148159
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0HAITI
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0PROVIDE HOUSING, FOOD, SUPPLIES AND COUNSELING TO CHILDREN IN CARREFOUR, HAITI. PROVIDE EDUCATION SERVICES, TEACHER TRAINING AND TESTING CENTER IN LEOGANE, HAITI.
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt044
IRS990ScheduleF/SubtotalOfficesCnt02
IRS990ScheduleF/SubtotalSpentAmt0148159
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III ACCOUNTING METHOD:
IRS990ScheduleF/TotalEmployeeCnt044
IRS990ScheduleF/TotalOfficeCnt02
IRS990ScheduleF/TotalSpentAmt0148159
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt037963
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt036328
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt01635
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SILENT AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt038003
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt031600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt069603
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt01675
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt029965
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt031640
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt031640
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF THE RETURN IS PROVIDED TO THE TREASURER, EXECUTIVE DIRECTOR, PRESIDENT, AND ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING THE FORM 990 TO COMMENT BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE VERTILE FOUNDATION'S CONFLICT OF INTEREST POLICY APPLIES TO ANY DIRECTOR OR OFFICER AND PROVIDES THAT ANY POTENTIAL CONFLICT OF INTEREST MUST BE DISCLOSED PRIOR TO DISCUSSION AND/OR ACTION. THE BOARD WILL THEN DETERMINE HOW TO ADDRESS THE POTENTIAL CONFLICT. GENERALLY, THE INDIVIDUAL WITH THE CONFLICT WILL LEAVE THE MEETING OR CALL DURING THE DISCUSSION AS WELL AS BE ABSENT DURING THE VOTE. EACH OFFICER AND DIRECTOR SIGNS AN AFFIRMATION THAT THEY HAVE REVIEWED THE BOARD APPROVED CONFLICT OF INTEREST POLICY AND DISCLOSED ANY KNOWN RELATIONSHIPS THAT HAVE BUSINESS WITH THE VERTILE FOUNDATION OR OTHER POTENTIAL CONFLICTS. THIS IS SIGNED AND REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE VERTILE FOUNDATION GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACTOR FEES: PROGRAM SERVICE EXPENSES 40,551. MANAGEMENT AND GENERAL EXPENSES 5,561. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,112.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CO
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0370804
IRS990/TotalAssetsEOYAmt0402015
IRS990/TotalAssetsGrp/BOYAmt0370804
IRS990/TotalAssetsGrp/EOYAmt0402015
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0174618
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01410
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09780
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0140960
IRS990/TotalFunctionalExpensesGrp/TotalAmt0152150
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0370804
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0402015
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0140960
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt031645
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0206263
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0370804
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0402015
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0360
IRS990/TravelGrp/TotalAmt0360
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0235 GREEN ROCK DR
IRS990/USAddress/CityNm0BOULDER
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080302

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$402,015
Liabilities
$0
Net assets
$402,015
Revenue
$206,263
Expenses
$152,150
Net income
$54,113
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.15$0.00$7.15$2.50$1.47$1.03
2023Detailed filing. Detailed filing data is available for this year.$5.93$0.00$5.93$3.70$1.78$1.91
2022Detailed filing. Detailed filing data is available for this year.$4.02$0.00$4.02$2.06$1.52$0.54
2021Detailed filing. Detailed filing data is available for this year.$3.71$0.00$3.71$1.43$1.20$0.23
2020Detailed filing. Detailed filing data is available for this year.$3.48$0.00$3.48$1.36$1.08$0.28
2019Detailed filing. Detailed filing data is available for this year.$3.20$0.00$3.20$1.91$1.19$0.72
2018Detailed filing. Detailed filing data is available for this year.$2.48$0.00$2.48$2.49$1.22$1.28
2017Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$1.15$0.73$0.43
2016Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.80$0.95$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$1.58$0.85$0.73