Civic Intelligence

Vlp Smile Scholarship Corporation

EIN 45-4064530 • 501(c)3 • Rochester, NY

Profile

To create college scholarships for female student athletes who wish to pursue a career in teaching.

31 San Filippo CircleRochester, NY 14625

n/a

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.00x

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

NTEE B82 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

0.00x

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

NTEE B82 • <$500k nonprofits • Source year 2024

Net Margin

24th percentile

-22%

Higher net margin than 24% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Source year 2024

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

NTEE B82 • <$500k nonprofits • Source year 2024

Asset Growth

34th percentile

-6.2%

Faster asset growth than 34% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

-11%

Faster revenue growth than 37% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$57,206

Down $3,780 (-6.2%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$57,206

Down $3,780 (-6.2%) from 2023

Operations
Liabilities / Revenue82nd percentileNet Margin24th percentile

Revenue

Down

$17,533

Down $2,089 (-11%) from 2023

Expenses

Up

$21,313

Up $9,182 (+76%) from 2023

Net Income

Down

-$3,780

Down $11,271 (-150%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2013: $29,896Liabilities 2013: $02013Assets 2014: $38,041Liabilities 2014: $02014Assets 2015: $35,163Liabilities 2015: $0Net Assets 2015: $35,1632015Assets 2016: $38,480Liabilities 2016: $0Net Assets 2016: $38,4802016Assets 2017: $39,152Liabilities 2017: $0Net Assets 2017: $39,1522017Assets 2018: $51,413Liabilities 2018: $0Net Assets 2018: $51,4132018Assets 2019: $52,428Liabilities 2019: $02019Assets 2020: $41,454Liabilities 2020: $0Net Assets 2020: $41,4542020Assets 2021: $42,150Liabilities 2021: $0Net Assets 2021: $42,1502021Assets 2022: $53,495Liabilities 2022: $0Net Assets 2022: $53,4952022Assets 2023: $60,986Liabilities 2023: $0Net Assets 2023: $60,9862023Assets 2024: $57,206Liabilities 2024: $0Net Assets 2024: $57,2062024

Highlighted filing

2024

Assets$57,206
Liabilities$0
Net Assets$57,206
Open 2024 Filing

Operations Trend

Revenue Growth37th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0-$10K-$20KRevenue 2013: $17,636Expenses 2013: $10,552Net Income 2013: $7,0842013Revenue 2014: $17,896Expenses 2014: $9,751Net Income 2014: $8,1452014Revenue 2015: $18,690Expenses 2015: $21,568Net Income 2015: -$2,8782015Revenue 2016: $13,903Expenses 2016: $10,586Net Income 2016: $3,3172016Revenue 2017: $12,351Expenses 2017: $11,679Net Income 2017: $6722017Revenue 2018: $24,554Expenses 2018: $12,293Net Income 2018: $12,2612018Revenue 2019: $16,499Expenses 2019: $15,484Net Income 2019: $1,0152019Revenue 2020: $5,431Expenses 2020: $16,405Net Income 2020: -$10,9742020Revenue 2021: $12,281Expenses 2021: $11,585Net Income 2021: $6962021Revenue 2022: $23,147Expenses 2022: $11,802Net Income 2022: $11,3452022Revenue 2023: $19,622Expenses 2023: $12,131Net Income 2023: $7,4912023Revenue 2024: $17,533Expenses 2024: $21,313Net Income 2024: -$3,7802024

Highlighted filing

2024

Revenue$17,533
Expenses$21,313
Net Income-$3,780
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$57,206
Liabilities
$0
Net assets
$57,206
Revenue
$17,533
Expenses
$21,313
Net income
-$3,780
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$57.2$0.00$57.2$17.5$21.3$3.78
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.0$0.00$61.0$19.6$12.1$7.49
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$53.5$0.00$53.5$23.1$11.8$11.3
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.2$0.00$42.2$12.3$11.6$0.70
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.5$0.00$41.5$5.43$16.4$11.0
2019Summary only. Only limited summary data is available for this year.$52.4$0.00$16.5$15.5$1.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.4$0.00$51.4$24.6$12.3$12.3
2017Detailed filing. Detailed filing data is available for this year.$39.2$0.00$39.2$12.4$11.7$0.67
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.5$0.00$38.5$13.9$10.6$3.32
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.2$0.00$35.2$18.7$21.6$2.88
2014Summary only. Only limited summary data is available for this year.$38.0$0.00$17.9$9.75$8.15
2013Summary only. Only limited summary data is available for this year.$29.9$0.00$17.6$10.6$7.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$34,396
Mission and Program Overview

Mission

To create college scholarships for student athletes who wish to pursue a career in teaching.

Program Services

DescriptionGrantsExpenses
PROVIDED STUDENT ATHLETES, PURSUING A CAREER IN EDUCATION, A TOTAL OF $20,000 IN SCHOLARSHIPS.$0$20,000
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PHILIP P PALERMOPresidentPT$0--
RICHARD S TALLINIVice President-$0--
PATRICK PALERMOSecretary-$0--
PHILIP V PALERMOTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$30,496$30,496$651$29,845
Total Events$30,496$30,496$16,863$13,633
Filing and Contact Details

Filer

Filer Name
Vlp Smile Scholarship Corporation
EIN
45-4064530
Phone
5858205829
Address
31 SAN FILIPPO CIRCLE, ROCHESTER, NY 14625

Signing Officer

Name
Philip P Palermo
Title
President
Phone
5858205829
Signed
2025-05-14
Discuss with paid preparer
No

Preparer

Firm
Viele Solimano Swagler & Chapman CPA Pc
Address
22 LAKESHORE DRIVE, CANANDAIGUA, NY 14424
Preparer
Michael T Chapman
Phone
5852322670
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: scholarships paid out. Amount: 20,000. Description: bank fees. Amount: 10. Description: nys charities bureau. Amount: 75. Description: website. Amount: 108. Description: advertising. Amount: 850. Description: supplies. Amount: 123. Description: office. Amount: 147. Total to form 990-ez, line 16: 21,313.”

Raw XML Appendix164 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum05858205829
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt035 SAN FILIPPO CIRCLE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROCHESTER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd014625
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt060986
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt057206
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt03900
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-3780
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt060986
IRS990EZ/Form990TotalAssetsGrp/EOYAmt057206
IRS990EZ/FundraisingGrossIncomeAmt030496
IRS990EZ/GrossReceiptsAmt034396
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt060986
IRS990EZ/NetAssetsOrFundBalancesEOYAmt057206
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt060986
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt057206
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt34.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PHILIP P PALERMO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICHARD S TALLINI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PATRICK PALERMO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PHILIP V PALERMO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt021313
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO CREATE COLLEGE SCHOLARSHIPS FOR STUDENT ATHLETES WHO WISH TO PURSUE A CAREER IN TEACHING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED STUDENT ATHLETES, PURSUING A CAREER IN EDUCATION, A TOTAL OF $20,000 IN SCHOLARSHIPS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt020000
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt016863
IRS990EZ/SpecialEventsNetIncomeLossAmt013633
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt021313
IRS990EZ/TotalProgramServiceExpensesAmt020000
IRS990EZ/TotalRevenueAmt017533
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt034396
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt036173
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt038669
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt012281
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020073
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0141592
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0141592
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt034396
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt036173
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt038669
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt012281
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt020073
IRS990ScheduleA/Total509Grp/TotalAmt0141592
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt034396
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt036173
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt038669
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt012281
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt020073
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0141592
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016863
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt030496
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt030496
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt030496
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt030496
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt013633
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0460
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0460
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0651
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0651
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt015752
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt015752
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: SCHOLARSHIPS PAID OUT. AMOUNT: 20,000. DESCRIPTION: BANK FEES. AMOUNT: 10. DESCRIPTION: NYS CHARITIES BUREAU. AMOUNT: 75. DESCRIPTION: WEBSITE. AMOUNT: 108. DESCRIPTION: ADVERTISING. AMOUNT: 850. DESCRIPTION: SUPPLIES. AMOUNT: 123. DESCRIPTION: OFFICE. AMOUNT: 147. TOTAL TO FORM 990-EZ, LINE 16: 21,313.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0PHILIP P PALERMO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05858205829
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VLP SMILE SCHOLARSHIP CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0VLPS
ReturnHeader/Filer/EIN0454064530
ReturnHeader/Filer/PhoneNum05858205829
ReturnHeader/Filer/USAddress/AddressLine1Txt031 SAN FILIPPO CIRCLE
ReturnHeader/Filer/USAddress/CityNm0ROCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014625
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161303987
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VIELE SOLIMANO SWAGLER & CHAPMAN CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt022 LAKESHORE DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CANANDAIGUA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014424
ReturnHeader/PreparerPersonGrp/PhoneNum05852322670
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL T CHAPMAN
ReturnHeader/ReturnTs02025-05-14T09:14:48-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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