Liabilities / Assets
53rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
53rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
77th percentile
Faster asset growth than 77% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
Up$378,420
Up $77,925 (+26%) from 2011
Net Assets
Up$378,420
Up $77,925 (+26%) from 2011
Liabilities
Flat$0
Flat from 2011
Revenue
-
No earlier filing loaded for comparison.
Expenses
Down$2,235
Down $1,891 (-46%) from 2011
Net Income
-
No earlier filing loaded for comparison.
VRC was established to provide scholarships, grants, and other financial support to students attending public Historically Black College and University in the state of Louisiana. VRC is organized and will be operated exclusively for charitable and educational purposes within the meaning of 501c3 of the Internal Revenue Code.
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/AccountantCompileOrReview | 0 | false |
| IRS990/ActivitiesConductedPartnership | 0 | false |
| IRS990/Activity2/Description | 0 | Accounting |
| IRS990/Activity2/Expense | 0 | 550 |
| IRS990/ActivityOrMissionDescription | 0 | VRC was established to provide scholarships, grants, and other financial support to students attending public Historically Black College and University in the state of Louisiana. |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 1024 PIERRE AVENUE |
| IRS990/AddressPrincipalOfficerUS/City | 0 | SHREVEPORT |
| IRS990/AddressPrincipalOfficerUS/State | 0 | LA |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 71103 |
| IRS990/Advertising/Total | 0 | 0 |
| IRS990/AllAffiliatesIncluded | 0 | true |
| IRS990/AllOtherExpenses/Total | 0 | 0 |
| IRS990/BenefitsPaidToMembersCY | 0 | 0 |
| IRS990/BenefitsToMembers/Total | 0 | 0 |
| IRS990/BsnssRltnshpThruFamilyMember | 0 | false |
| IRS990/BsnssRltnshpWithOrganization | 0 | false |
| IRS990/ChangesToOrganizingDocs | 0 | false |
| IRS990/CollectionsOfArt | 0 | false |
| IRS990/CompCurrentOfficersDirectors/Total | 0 | 0 |
| IRS990/CompDisqualPersons/Total | 0 | 0 |
| IRS990/CompensationFromOtherSources | 0 | false |
| IRS990/CompensationProcessCEO | 0 | false |
| IRS990/CompensationProcessOther | 0 | false |
| IRS990/ComplianceWithBackupWitholding | 0 | true |
| IRS990/ConferencesMeetings/Total | 0 | 0 |
| IRS990/ConflictOfInterestPolicy | 0 | false |
| IRS990/ConservationEasements | 0 | false |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | false |
| IRS990/ContributionsGrantsCurrentYear | 0 | 0 |
| IRS990/CreditCounseling | 0 | false |
| IRS990/DecisionsSubjectToApproval | 0 | false |
| IRS990/DeductibleContributionsOfArt | 0 | false |
| IRS990/DeductibleNonCashContributions | 0 | false |
| IRS990/DelegationOfManagementDuties | 0 | false |
| IRS990/DepreciationDepletion/Total | 0 | 0 |
| IRS990/DescribedIn501C3 | 0 | true |
| IRS990/Description | 0 | Scholarships |
| IRS990/DisregardedEntity | 0 | false |
| IRS990/DocumentRetentionPolicy | 0 | false |
| IRS990/DonorAdvisedFunds | 0 | false |
| IRS990/ElectionOfBoardMembers | 0 | false |
| IRS990/EscrowAccount | 0 | false |
| IRS990/ExcessBenefitTransaction | 0 | false |
| IRS990/Expense | 0 | 1685 |
| IRS990/FamilyOrBusinessRelationship | 0 | true |
| IRS990/FederalGrantAuditRequired | 0 | false |
| IRS990/FeesForServicesAccounting/ProgramServices | 0 | 550 |
| IRS990/FeesForServicesAccounting/Total | 0 | 550 |
| IRS990/FeesForServicesInvstMgmntFees/Total | 0 | 0 |
| IRS990/FeesForServicesLegal/Total | 0 | 0 |
| IRS990/FeesForServicesLobbying/Total | 0 | 0 |
| IRS990/FeesForServicesManagement/Total | 0 | 0 |
| IRS990/FeesForServicesOther/Total | 0 | 0 |
| IRS990/FollowSFAS117 | 0 | X |
| IRS990/ForeignActivities | 0 | false |
| IRS990/ForeignFinancialAccount | 0 | false |
| IRS990/ForeignGrants/Total | 0 | 0 |
| IRS990/ForeignOffice | 0 | false |
| IRS990/Form8282PropertyDisposedOf | 0 | false |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 0 | 001.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 1 | 001.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 2 | 001.00 |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 0 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 1 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 2 | X |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | Velma J Kirksey-Tarver |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | Cheryl Morgan |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | Sam Gilliam |
| IRS990/Form990PartVIISectionA/OtherCompensation | 0 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 1 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 2 | 0 |
| IRS990/Form990PartVIISectionA/Title | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionA/Title | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionA/Title | 2 | BOARD MEMBER |
| IRS990/Form990ProvidedToGoverningBody | 0 | true |
| IRS990/FormersListed | 0 | false |
| IRS990/FSAudited | 0 | false |
| IRS990/FundraisingActivities | 0 | false |
| IRS990/FundsToPayPremiums | 0 | false |
| IRS990/Gaming | 0 | false |
| IRS990/GrantsAndSimilarAmntsCY | 0 | 0 |
| IRS990/GrantsToDomesticIndividuals/Total | 0 | 0 |
| IRS990/GrantsToDomesticOrgs/Total | 0 | 0 |
| IRS990/GrantsToIndividuals | 0 | false |
| IRS990/GrantsToOrganizations | 0 | false |
| IRS990/GrantToRelatedPerson | 0 | false |
| IRS990/GrossReceipts | 0 | 44759 |
| IRS990/GroupReturnForAffiliates | 0 | false |
| IRS990/Hospital | 0 | false |
| IRS990/IndependentAuditFinancialStmt | 0 | false |
| IRS990/IndoorTanningServices | 0 | false |
| IRS990/InfoInScheduleOPartVI | 0 | X |
| IRS990/InformationTechnology/Total | 0 | 0 |
| IRS990/Insurance/Total | 0 | 0 |
| IRS990/Interest/Total | 0 | 0 |
| IRS990/InvestmentIncomeCurrentYear | 0 | 17689 |
| IRS990/InvestmentIncomePriorYear | 0 | 16899 |
| IRS990/InvestmentIncome/RelatedOrExemptFunctionIncome | 0 | 17689 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 17689 |
| IRS990/InvestmentInJointVenture | 0 | false |
| IRS990/InvestmentsPubTradedSecurities/BOY | 0 | 300495 |
| IRS990/InvestmentsPubTradedSecurities/EOY | 0 | 378420 |
| IRS990/InvestTaxExemptBonds | 0 | false |
| IRS990/LoanToOfficerOrDQP | 0 | false |
| IRS990/LobbyingActivities | 0 | false |
| IRS990/LocalChapters | 0 | false |
| IRS990/MaterialDiversionOrMisuse | 0 | false |
| IRS990/MembersOrStockholders | 0 | false |
| IRS990/MethodOfAccountingCash | 0 | X |
| IRS990/MinutesOfCommittees | 0 | false |
| IRS990/MinutesOfGoverningBody | 0 | false |
| IRS990/MissionDescription | 0 | VRC was established to provide scholarships, grants, and other financial support to students attending public Historically Black College and University in the state of Louisiana. VRC is organized and will be operated exclusively for charitable and educational purposes within the meaning of 501c3 of the Internal Revenue Code. |
| IRS990/MoreThan5000KToIndividuals | 0 | false |
| IRS990/MoreThan5000KToOrganizations | 0 | false |
| IRS990/NameOfPrincipalOfficerPerson | 0 | VELMA J KIRKSEY-TARVER |
| IRS990/NbrIndependentVotingMembers | 0 | 0 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 3 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 3 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | 300495 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | 378420 |
| IRS990/NoListedPersonsCompensated | 0 | X |
| IRS990/NonDeductibleContributions | 0 | false |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 0 |
| IRS990/NumberIndependentVotingMembers | 0 | 0 |
| IRS990/NumberOfEmployees | 0 | 0 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/Occupancy/Total | 0 | 0 |
| IRS990/OfficeExpenses/Total | 0 | 0 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | false |
| IRS990/OfficerMailingAddress | 0 | false |
| IRS990/OnBehalfOfIssuer | 0 | false |
| IRS990/Organization501c3 | 0 | X |
| IRS990/OtherEmployeeBenefits/Total | 0 | 0 |
| IRS990/OtherExpensePriorYear | 0 | 4126 |
| IRS990/OtherExpensesCurrentYear | 0 | 2235 |
| IRS990/OtherExpenses/Description | 0 | Scholarships |
| IRS990/OtherExpenses/ProgramServices | 0 | 1685 |
| IRS990/OtherExpenses/Total | 0 | 1685 |
| IRS990/OtherRevenueCurrentYear | 0 | 27070 |
| IRS990/OtherRevenueMisc/BusinessCode | 0 | 523000 |
| IRS990/OtherRevenueMisc/BusinessCode | 1 | 523000 |
| IRS990/OtherRevenueMisc/Description | 0 | LONG TERM REALIZED GAIN |
| IRS990/OtherRevenueMisc/Description | 1 | SHORT TERM REALIZED GAIN |
| IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome | 0 | 23645 |
| IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome | 1 | 3425 |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 0 | 23645 |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 1 | 3425 |
| IRS990/OtherRevenuePriorYear | 0 | 2345 |
| IRS990/OtherSalariesAndWages/Total | 0 | 0 |
| IRS990/PartialLiquidation | 0 | false |
| IRS990/PaymentsToAffiliates/Total | 0 | 0 |
| IRS990/PayrollTaxes/Total | 0 | 0 |
| IRS990/PensionPlanContributions/Total | 0 | 0 |
| IRS990/PoliticalActivities | 0 | false |
| IRS990/PremiumsPaid | 0 | false |
| IRS990/PriorExcessBenefitTransaction | 0 | false |
| IRS990/ProfessionalFundraising | 0 | false |
| IRS990/ProgramServiceRevenueCY | 0 | 0 |
| IRS990/ProhibitedTaxShelterTrans | 0 | false |
| IRS990/QuidProQuoContributions | 0 | false |
| IRS990/ReconcilationRevenueExpenses | 0 | 42524 |
| IRS990/ReconciliationUnrealizedInvest | 0 | 35403 |
| IRS990/RelatedEntity | 0 | false |
| IRS990/RelatedOrgControlledEntity | 0 | false |
| IRS990/ReportFin48Footnote | 0 | false |
| IRS990/ReportInvestOthSecurities | 0 | false |
| IRS990/ReportLandBldgEquip | 0 | false |
| IRS990/ReportOtherAssets | 0 | false |
| IRS990/ReportOtherLiabilities | 0 | false |
| IRS990/ReportProgRelInvest | 0 | false |
| IRS990/RevenuesLessExpensesCY | 0 | 42524 |
| IRS990/RevenuesLessExpensesPriorYear | 0 | 15118 |
| IRS990/Royalties/Total | 0 | 0 |
| IRS990/SalariesEtcCurrentYear | 0 | 0 |
| IRS990ScheduleA/FactsAndCircumstancesTest | 0 | Part II Line 17a THE ORGANIZATION DOES NOT MAINTAIN A CONTINUOUS PROGRAM FOR SOLITITAION OF FUNDS FROM THE GENERAL PUBLIC, ETC. FUNDS ARE GENERATED THROUGH WORD OF MOUTH AND PERSON CONTACTS. |
| IRS990ScheduleA/GeneralExplanation | 0 | Part II Line 17a THE ORGANIZATION DOES NOT MAINTAIN A CONTINUOUS PROGRAM FOR SOLITITAION OF FUNDS FROM THE GENERAL PUBLIC, ETC. FUNDS ARE GENERATED THROUGH WORD OF MOUTH AND PERSON CONTACTS. |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years | 0 | 5065 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years | 0 | 7900 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/Total | 0 | 12965 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear | 0 | 44759 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year | 0 | 19344 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years | 0 | 13295 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years | 0 | 17249 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years | 0 | 21467 |
| IRS990ScheduleA/GrossInvestmentIncome170/Total | 0 | 116114 |
| IRS990ScheduleA/InvestmentIncomePercentage | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg170b1Avi | 0 | X |
| IRS990ScheduleA/PublicSupportPercentage509 | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportPertcentage170 | 0 | 0.10040 |
| IRS990ScheduleA/PublicSupportPertcentPriorYear | 0 | 0.15840 |
| IRS990ScheduleA/PublicSupportTotal170 | 0 | 12965 |
| IRS990ScheduleA/TenPercentTestCurrentYear | 0 | X |
| IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years | 0 | 5065 |
| IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years | 0 | 7900 |
| IRS990ScheduleA/Total170/Total | 0 | 12965 |
| IRS990ScheduleA/TotalSupport | 0 | 129079 |
| IRS990/ScheduleBRequired | 0 | false |
| IRS990/ScheduleJRequired | 0 | false |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | Form 990 Part VI Section A Line 2 Velma J. Kirksey-Tarver, President and Cheryl Morgan, Board Member are Sister-in-Laws. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | Form 990 Part VI Section A Line 8a No formal board meetings are held. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | Form 990 Part VI Section A Line 8b There are no committees. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | Form 990 Part VI Section B Line 11 Members rely on the Presidents review of Form 990. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | Form 990 Part VI Section C Line 19 The organizations documents are available upon request at the office. |
| IRS990/ScheduleORequired | 0 | true |
| IRS990/School | 0 | false |
| IRS990/SignificantChange | 0 | false |
| IRS990/SignificantNewProgramServices | 0 | false |
| IRS990/StateLegalDomicile | 0 | LA |
| IRS990/SubjectToProxyTax | 0 | false |
| IRS990/TaxablePartyNotification | 0 | false |
| IRS990/TaxExemptBonds | 0 | false |
| IRS990/Terminated | 0 | false |
| IRS990/TermOrPermanentEndowments | 0 | false |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 2459 E 70TH STREETSTE 6 |
| IRS990/TheBooksAreInCareOf/AddressUS/City | 0 | SHREVEPORT |
| IRS990/TheBooksAreInCareOf/AddressUS/State | 0 | LA |
| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 71105 |
| IRS990/TheBooksAreInCareOf/NamePerson | 0 | SUDDS ASSOCIATES LLC |
| IRS990/TheBooksAreInCareOf/TelephoneNumber | 0 | 3187977906 |
| IRS990/TotalAssets/BOY | 0 | 300495 |
| IRS990/TotalAssetsBOY | 0 | 300495 |
| IRS990/TotalAssets/EOY | 0 | 378420 |
| IRS990/TotalAssetsEOY | 0 | 378420 |
| IRS990/TotalCompGT150K | 0 | false |
| IRS990/TotalExpensesCurrentYear | 0 | 2235 |
| IRS990/TotalExpensesPriorYear | 0 | 4126 |
| IRS990/TotalFunctionalExpenses/Fundraising | 0 | 0 |
| IRS990/TotalFunctionalExpenses/ManagementAndGeneral | 0 | 0 |
| IRS990/TotalFunctionalExpenses/ProgramServices | 0 | 2235 |
| IRS990/TotalFunctionalExpenses/Total | 0 | 2235 |
| IRS990/TotalFundrsngExpCurrentYear | 0 | 0 |
| IRS990/TotalGrossUBI | 0 | 0 |
| IRS990/TotalLiabilities/BOY | 0 | 0 |
| IRS990/TotalLiabilities/EOY | 0 | 0 |
| IRS990/TotalLiabilitiesEOY | 0 | 0 |
| IRS990/TotalLiabNetAssetsFundBalances/BOY | 0 | 300495 |
| IRS990/TotalLiabNetAssetsFundBalances/EOY | 0 | 378420 |
| IRS990/TotalNbrEmployees | 0 | 0 |
| IRS990/TotalNetAssetsFundBalances/BOY | 0 | 300495 |
| IRS990/TotalNetAssetsFundBalances/EOY | 0 | 378420 |
| IRS990/TotalOtherRevenue | 0 | 27070 |
| IRS990/TotalProfFundrsngExpCY | 0 | 0 |
| IRS990/TotalProgramServiceExpense | 0 | 2235 |
| IRS990/TotalRevenueCurrentYear | 0 | 44759 |
| IRS990/TotalRevenuePriorYear | 0 | 19244 |
| IRS990/TotalRevenue/RelatedOrExemptFunctionIncome | 0 | 44759 |
| IRS990/TotalRevenue/TotalRevenueColumn | 0 | 44759 |
| IRS990/TransactionRelatedEntity | 0 | false |
| IRS990/TransfersToExemptNonChrtblOrg | 0 | false |
| IRS990/TravelEntrtnmntPublicOfficials/Total | 0 | 0 |
| IRS990/Travel/Total | 0 | 0 |
| IRS990/TypeOfOrganizationCorporation | 0 | X |
| IRS990/UnrelatedBusinessIncome | 0 | false |
| IRS990/UnrestrictedNetAssets/BOY | 0 | 300495 |
| IRS990/UnrestrictedNetAssets/EOY | 0 | 378420 |
| IRS990/UponRequest | 0 | X |
| IRS990/WhistleblowerPolicy | 0 | false |
| IRS990/YearFormation | 0 | 2003 |
| ReturnHeader/BuildTS | 0 | 2016-03-07 17:11:31Z |
| ReturnHeader/Filer/EIN | 0 | 300162334 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | VRC EDUCATIONAL AND SCHOLARSHIP PROGRAM |
| ReturnHeader/Filer/NameControl | 0 | VRCE |
| ReturnHeader/Filer/Phone | 0 | 3182271499 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 1024 PIERRE AVENUE |
| ReturnHeader/Filer/USAddress/City | 0 | SHREVEPORT |
| ReturnHeader/Filer/USAddress/State | 0 | LA |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 71103 |
| ReturnHeader/Officer/AuthorizeThirdParty | 0 | true |
| ReturnHeader/Officer/DateSigned | 0 | 2013-10-14 |
| ReturnHeader/Officer/Name | 0 | VELMA JEAN KIRKSEY-TARVER |
| ReturnHeader/Officer/Title | 0 | PRESIDENT |
| ReturnHeader/Preparer/DatePrepared | 0 | 2013-10-14 |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | SUDDS and ASSOCIATES LLC |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 2459 E 70th STREET SUITE 6 |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | SHREVEPORT |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | LA |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 71105 |
| ReturnHeader/Preparer/Name | 0 | WILLIE SUDDS |
| ReturnHeader/Preparer/Phone | 0 | 3187977906 |
| ReturnHeader/Preparer/SelfEmployed | 0 | X |
| ReturnHeader/ReturnType | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2012-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2012-12-31 |
| ReturnHeader/TaxYear | 0 | 2012 |
| ReturnHeader/Timestamp | 0 | 2013-10-14T03:41:53-00:00 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.