Civic Intelligence

The Virtue Foundation

990 • Fiscal year 2021 • EIN 56-2289262

Jan 01, 2021 to Dec 31, 2021 • Filed on May 04, 2022

Organization ProfileWWW.VIRTUEFOUNDATION.ORG
1040 First Avenue Rm/Ste 116New York, NY 10022

(212) 355-2227

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

13th percentile

0.01x

Higher debt load relative to revenue than 13% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

95th percentile

76%

Higher net margin than 95% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

23rd percentile

-0.4%

Faster asset growth than 23% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

93rd percentile

175%

Faster revenue growth than 93% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets14th percentile

Assets

Down

$5,191,328

Down $21,541 (-0.4%) from 2020

Net Assets

Down

$5,177,635

Down $29,609 (-0.6%) from 2020

Liabilities

Up

$13,693

Up $8,068 (+143%) from 2020

Revenue And Expenses
Liabilities / Revenue13th percentileNet Margin95th percentile

Revenue

Up

$2,108,321

Up $1,341,256 (+175%) from 2020

Expenses

Up

$499,677

Up $139,632 (+39%) from 2020

Net Income

Up

$1,608,644

Up $1,201,624 (+295%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,675,731Liabilities 2011: $33,177Net Assets 2011: $1,642,5542011Assets 2012: $1,511,797Liabilities 2012: $33,078Net Assets 2012: $1,478,7192012Assets 2013: $1,870,345Liabilities 2013: $4,708Net Assets 2013: $1,865,6372013Assets 2014: $1,913,520Liabilities 2014: $5,791Net Assets 2014: $1,907,7292014Assets 2015: $1,977,799Liabilities 2015: $7,589Net Assets 2015: $1,970,2102015Assets 2016: $1,959,876Liabilities 2016: $7,346Net Assets 2016: $1,952,5302016Assets 2017: $2,510,972Liabilities 2017: $5,643Net Assets 2017: $2,505,3292017Assets 2018: $2,728,543Liabilities 2018: $5,161Net Assets 2018: $2,723,3822018Assets 2019: $3,197,983Liabilities 2019: $6,053Net Assets 2019: $3,191,9302019Assets 2020: $5,212,869Liabilities 2020: $5,625Net Assets 2020: $5,207,2442020Assets 2021: $5,191,328Liabilities 2021: $13,693Net Assets 2021: $5,177,6352021Assets 2022: $2,861,585Liabilities 2022: $9,678Net Assets 2022: $2,851,9072022Assets 2023: $4,198,510Liabilities 2023: $3,838Net Assets 2023: $4,194,6722023Assets 2024: $5,605,866Liabilities 2024: $3,779Net Assets 2024: $5,602,0872024

Highlighted filing

2021

Assets$5,191,328
Liabilities$13,693
Net Assets$5,177,635
Open 2021 Filing

Operations Trend

Revenue Growth93rd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $360,279Expenses 2011: $497,736Net Income 2011: -$137,4572011Expenses 2012: $370,7542012Revenue 2013: $552,025Expenses 2013: $395,458Net Income 2013: $156,5672013Revenue 2014: $253,800Expenses 2014: $308,061Net Income 2014: -$54,2612014Revenue 2015: $286,419Expenses 2015: $260,734Net Income 2015: $25,6852015Revenue 2016: $305,039Expenses 2016: $280,684Net Income 2016: $24,3552016Revenue 2017: $405,763Expenses 2017: $308,799Net Income 2017: $96,9642017Revenue 2018: $860,906Expenses 2018: $408,811Net Income 2018: $452,0952018Revenue 2019: $523,244Expenses 2019: $493,235Net Income 2019: $30,0092019Revenue 2020: $767,065Expenses 2020: $360,045Net Income 2020: $407,0202020Revenue 2021: $2,108,321Expenses 2021: $499,677Net Income 2021: $1,608,6442021Revenue 2022: -$344,609Expenses 2022: $568,926Net Income 2022: -$913,5352022Revenue 2023: $801,905Expenses 2023: $478,149Net Income 2023: $323,7562023Revenue 2024: $895,142Expenses 2024: $523,394Net Income 2024: $371,7482024

Highlighted filing

2021

Revenue$2,108,321
Expenses$499,677
Net Income$1,608,644
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 4, 2022
Return Version
2021v4.0
Gross Receipts
$7,949,980
Mission and Program Overview

Mission

The foundation's mission is to increase awareness of prevalent global issues, to inspire people to action and to render humanitarian assistance through healthcare, education and empowerment initiatives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,950,711$4,444,598▼ $506,113
Land, Buildings, and Equipment, Net$1,321$373,601▲ $372,280
Cash and Non-Interest-Bearing Accounts$209,404$155,253▼ $54,151
Investments Other Securities-$122,842-
Savings and Temporary Cash Investments$51,433$95,034▲ $43,601
Total Assets$5,212,869$5,191,328▼ $21,541
Liabilities
Other Liabilities$5,625$13,693▲ $8,068
Total Liabilities$5,625$13,693▲ $8,068
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,207,244$5,177,635▼ $29,609
Total Net Assets Fund Balance$5,207,244$5,177,635▼ $29,609
Total Liabilities and Net Assets / Fund Balance$5,212,869$5,191,328▼ $21,541

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$373,601$47,487$421,088
Equipment-$1,915$1,915
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Joseph Salim DmdExecutive Di
Joan Larovere MdSecretary
Shahpari Nazeri DdsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$389,598
Program Service Revenue
$0
Investment Income
$1,718,723
Other Revenue
$0
All Other Contributions
$359,253
Change in Net Assets
$1,608,644

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table3$49,877
Total Noncash Contributions3$49,877
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$354,705
Salaries, Compensation, and Employee Benefits$133,743
Grants and Similar Amounts Paid$11,229
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$120,125-$120,125
Fees for Services Other$20,000--$20,000
All Other Expenses$13,824$5,205-$19,029
Occupancy-$13,725-$13,725
Fees for Services Accounting-$13,442-$13,442
Other Expenses$20,376$12,675-$12,675
Grants to Domestic Orgs$11,229--$11,229
Payroll Taxes-$9,780-$9,780
Fees for Services Legal-$6,704-$6,704
Advertising-$5,670-$5,670
Depreciation Depletion-$4,370-$4,370
Other Employee Benefits-$3,838-$3,838
Insurance-$3,371-$3,371
Office Expenses-$1,507-$1,507
Total Functional Expenses$299,265$200,412$0$499,677
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hagar USA IncPhoenix, AZ--$11,229
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Chase Credit Card$13,693
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
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

“The organization's personnel most familiar with its' financial affairs reviews the form 990”

Form 990, Page 6, Part VI, Line 19

“Governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Virtue Foundation
EIN
56-2289262
Phone
2123552227
Address
1040 FIRST AVENUE RM/STE 116, NEW YORK, NY 10022

Signing Officer

Name
Joseph Salim Dmd
Title
Executive Director
Phone
2123552227
Signed
2022-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Salim Dmd
Formed
2002
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
2
Employees
3

Preparer

Firm
Manela & Pressman Llp
Address
362 FIFTH AVE SUITE 503, NEW YORK, NY 10001
Preparer
Aaron Y Pressman
Phone
2125944044
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Doctors and students volunteering their services and time in various third world countries”

Form 990, Page 2, Part III, Line 4A

“Data mapping for good dun & bradstreet and virtue foundation partner to improve access to medical care in developing countries. The virtue foundation data mapping initiative is a forward-thinking technology platform that seeks to create a more efficient marketplace for the delivery of healthcare in under-served regions of the world. Born of years of on the ground medical missions, the platform leverages predictive analytics and machine learning algorithms to analyze geospatial data, infrastructure, risk factors, and other environmental conditions to better predict need and match available resources. Through a simple and free user interface, the platform seeks to provide individuals, non-profits, governments, and companies with more efficient access to the data needed to help make critical decisions on how to most efficiently allocate resources for greatest impact.”

Raw XML Appendix356 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE FOUNDATION'S MISSION IS TO INCREASE AWARENESS OF PREVALENT GLOBAL ISSUES, TO INSPIRE PEOPLE TO ACTION AND TO RENDER HUMANITARIAN ASSISTANCE THROUGH HEALTHCARE, EDUCATION AND EMPOWERMENT INITIATIVES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt05670
IRS990/AdvertisingGrp/TotalAmt05670
IRS990/AllOtherContributionsAmt0359253
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt05205
IRS990/AllOtherExpensesGrp/ProgramServicesAmt013824
IRS990/AllOtherExpensesGrp/TotalAmt019029
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CO THE VIRTUE FOUNDATION
IRS990/BooksInCareOfDetail/PhoneNum02123552227
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01040 FIRST AVENUE SUITE 116
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010022
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0209404
IRS990/CashNonInterestBearingGrp/EOYAmt0155253
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0389598
IRS990/CYGrantsAndSimilarPaidAmt011229
IRS990/CYInvestmentIncomeAmt01718723
IRS990/CYOtherExpensesAmt0354705
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01608644
IRS990/CYSalariesCompEmpBnftPaidAmt0133743
IRS990/CYTotalExpensesAmt0499677
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02108321
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04370
IRS990/DepreciationDepletionGrp/TotalAmt04370
IRS990/Desc0DATA MAPPING FOR GOOD DUN & BRADSTREET AND VIRTUE FOUNDATION PARTNER TO IMPROVE ACCESS TO MEDICAL CARE IN DEVELOPING COUNTRIES. THE VIRTUE FOUNDATION DATA MAPPING INITIATIVE IS A FORWARD-THINKING TECHNOLOGY PLATFORM THAT SEEKS TO CREATE A MORE EFFICIENT MARKETPLACE FOR THE DELIVERY OF HEALTHCARE IN UNDER-SERVED REGIONS OF THE WORLD. BORN OF YEARS OF ON THE GROUND MEDICAL MISSIONS, THE PLATFORM LEVERAGES PREDICTIVE ANALYTICS AND MACHINE LEARNING ALGORITHMS TO ANALYZE GEOSPATIAL DATA, INFRASTRUCTURE, RISK FACTORS, AND OTHER ENVIRONMENTAL CONDITIONS TO BETTER PREDICT NEED AND MATCH AVAILABLE RESOURCES. THROUGH A SIMPLE AND FREE USER INTERFACE, THE PLATFORM SEEKS TO PROVIDE INDIVIDUALS, NON-PROFITS, GOVERNMENTS, AND COMPANIES WITH MORE EFFICIENT ACCESS TO THE DATA NEEDED TO HELP MAKE CRITICAL DECISIONS ON HOW TO MOST EFFICIENTLY ALLOCATE RESOURCES FOR GREATEST IMPACT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0143971
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt013442
IRS990/FeesForServicesAccountingGrp/TotalAmt013442
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt06704
IRS990/FeesForServicesLegalGrp/TotalAmt06704
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt020000
IRS990/FeesForServicesOtherGrp/TotalAmt020000
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0SHAHPARI NAZERI DDS
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSEPH SALIM DMD
IRS990/Form990PartVIISectionAGrp/PersonNm2JOAN LAROVERE MD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-4914
IRS990/GainOrLossGrp/SecuritiesAmt01717468
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt030345
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt011229
IRS990/GrantsToDomesticOrgsGrp/TotalAmt011229
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt020938
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt07533275
IRS990/GrossReceiptsAmt07949980
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03371
IRS990/InsuranceGrp/TotalAmt03371
IRS990/InvestmentIncomeGrp/ExclusionAmt06169
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06169
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0122842
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04950711
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04444598
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt049402
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01321
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0373601
IRS990/LandBldgEquipCostOrOtherBssAmt0423003
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt025852
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt05815807
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE FOUNDATION'S MISSION IS TO INCREASE AWARENESS OF PREVALENT GLOBAL ISSUES, TO INSPIRE PEOPLE TO ACTION AND TO RENDER HUMANITARIAN ASSISTANCE THROUGH HEALTHCARE, EDUCATION AND EMPOWERMENT INITIATIVES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt05207244
IRS990/NetAssetsOrFundBalancesEOYAmt05177635
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt01712554
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01712554
IRS990/NetUnrlzdGainsLossesInvstAmt0-1638253
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05207244
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05177635
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt049877
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt013725
IRS990/OccupancyGrp/TotalAmt013725
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01507
IRS990/OfficeExpensesGrp/TotalAmt01507
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03838
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03838
IRS990/OtherExpensesGrp/Desc0OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc1MEDICAL SUPPLIES
IRS990/OtherExpensesGrp/Desc2PUBLISHING
IRS990/OtherExpensesGrp/Desc3MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012675
IRS990/OtherExpensesGrp/ProgramServicesAmt0191436
IRS990/OtherExpensesGrp/ProgramServicesAmt142400
IRS990/OtherExpensesGrp/ProgramServicesAmt220376
IRS990/OtherExpensesGrp/TotalAmt0191436
IRS990/OtherExpensesGrp/TotalAmt142400
IRS990/OtherExpensesGrp/TotalAmt220376
IRS990/OtherExpensesGrp/TotalAmt312675
IRS990/OtherLiabilitiesGrp/BOYAmt05625
IRS990/OtherLiabilitiesGrp/EOYAmt013693
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0120125
IRS990/OtherSalariesAndWagesGrp/TotalAmt0120125
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09780
IRS990/PayrollTaxesGrp/TotalAmt09780
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOSEPH SALIM DMD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0VIRTUE FOUNDATION PROVIDES MEDICAL AND EDUCATIONAL ASSISTANCE IN MONGOLIA TO FAMILIES WITH MEDICALLY CHALLENEGED CHILDREN.
IRS990/ProgSrvcAccomActy3Grp/Desc0VIRTUE FOUNDATION HAS SET UP A TWO PRONG APPROACH TO ADVANCING GENERAL HEALTH IN DEVELOPING COUNTRIES SUCH AS MONGOLIA AND GHANA. MEDICAL PERSONNEL TRAVEL TO THE RURAL AREAS TO PROVIDE MUCH- NEEDED MEDICAL ASSISTANCE TO THE INHABITANTS IN ADDITION TO PROVIDING THE ACTUAL EQUIPMENT AND MEDICAL TRAINING SO THAT THE MEDICAL ASSISTANCE CAN BE SUSTAINED LONG-TERM.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0155294
IRS990/ProgSrvcAccomActy3Grp/GrantAmt011229
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0539002
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt024484
IRS990/PYInvestmentIncomeAmt0228063
IRS990/PYOtherExpensesAmt0164479
IRS990/PYRevenuesLessExpensesAmt0407020
IRS990/PYSalariesCompEmpBnftPaidAmt0171082
IRS990/PYTotalExpensesAmt0360045
IRS990/PYTotalRevenueAmt0767065
IRS990/ReconcilationRevenueExpnssAmt01608644
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt051433
IRS990/SavingsAndTempCashInvstGrp/EOYAmt095034
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0389598
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0539002
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0388406
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0578204
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0224807
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02120017
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06169
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt012965
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt025653
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt024577
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0175624
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0244988
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.49530
IRS990ScheduleA/PublicSupportPY170Pct00.85850
IRS990ScheduleA/PublicSupportTotal170Amt01171286
IRS990ScheduleA/SubstantialContributorsTotAmt0948731
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0389598
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0539002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0388406
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0578204
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0224807
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02120017
IRS990ScheduleA/TotalSupportAmt02365005
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/EquipmentGrp/DepreciationAmt01915
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01915
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0373601
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt047487
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0421088
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013693
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO CHASE CREDIT CARD
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0373601
IRS990ScheduleD/TotalLiabilityAmt013693
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt011229
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HAGAR USA INC
IRS990ScheduleI/RecipientTable/RecipientEIN0901073823
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04757 E GREENWAY RD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PHOENIX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd085032
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PHYSICAL ON-SITE VISIT, MEETING, CONFERENCES, ETC.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt03
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt049877
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DOCTORS AND STUDENTS VOLUNTEERING THEIR SERVICES AND TIME IN VARIOUS THIRD WORLD COUNTRIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DATA MAPPING FOR GOOD DUN & BRADSTREET AND VIRTUE FOUNDATION PARTNER TO IMPROVE ACCESS TO MEDICAL CARE IN DEVELOPING COUNTRIES. THE VIRTUE FOUNDATION DATA MAPPING INITIATIVE IS A FORWARD-THINKING TECHNOLOGY PLATFORM THAT SEEKS TO CREATE A MORE EFFICIENT MARKETPLACE FOR THE DELIVERY OF HEALTHCARE IN UNDER-SERVED REGIONS OF THE WORLD. BORN OF YEARS OF ON THE GROUND MEDICAL MISSIONS, THE PLATFORM LEVERAGES PREDICTIVE ANALYTICS AND MACHINE LEARNING ALGORITHMS TO ANALYZE GEOSPATIAL DATA, INFRASTRUCTURE, RISK FACTORS, AND OTHER ENVIRONMENTAL CONDITIONS TO BETTER PREDICT NEED AND MATCH AVAILABLE RESOURCES. THROUGH A SIMPLE AND FREE USER INTERFACE, THE PLATFORM SEEKS TO PROVIDE INDIVIDUALS, NON-PROFITS, GOVERNMENTS, AND COMPANIES WITH MORE EFFICIENT ACCESS TO THE DATA NEEDED TO HELP MAKE CRITICAL DECISIONS ON HOW TO MOST EFFICIENTLY ALLOCATE RESOURCES FOR GREATEST IMPACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S PERSONNEL MOST FAMILIAR WITH ITS' FINANCIAL AFFAIRS REVIEWS THE FORM 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05212869
IRS990/TotalAssetsEOYAmt05191328
IRS990/TotalAssetsGrp/BOYAmt05212869
IRS990/TotalAssetsGrp/EOYAmt05191328
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0389598
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0200412
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0299265
IRS990/TotalFunctionalExpensesGrp/TotalAmt0499677
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05625
IRS990/TotalLiabilitiesEOYAmt013693
IRS990/TotalLiabilitiesGrp/BOYAmt05625
IRS990/TotalLiabilitiesGrp/EOYAmt013693
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05207244
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05177635
IRS990/TotalProgramServiceExpensesAmt0299265
IRS990/TotalRevenueGrp/ExclusionAmt06169
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01712554
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02108321
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05212869
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05191328
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0329 WEST 108TH STREET
IRS990/USAddress/AddressLine2Txt0APT 5B
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010025
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.VIRTUEFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH SALIM DMD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02123552227
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE VIRTUE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0VIRT
ReturnHeader/Filer/EIN0562289262
ReturnHeader/Filer/PhoneNum02123552227
ReturnHeader/Filer/USAddress/AddressLine1Txt01040 FIRST AVENUE RM/STE 116
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010022
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201606891
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MANELA & PRESSMAN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0362 FIFTH AVE SUITE 503
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010001
ReturnHeader/PreparerPersonGrp/PhoneNum02125944044
ReturnHeader/PreparerPersonGrp/PreparationDt02022-07-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AARON Y PRESSMAN
ReturnHeader/ReturnTs02022-07-21T10:02:28-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOSEPH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SALIM
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$5,191,328
Liabilities
$13,693
Net assets
$5,177,635
Revenue
$2,108,321
Expenses
$499,677
Net income
$1,608,644
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.61$0.00$5.60$0.90$0.52$0.37
2023Detailed filing. Detailed filing data is available for this year.$4.20$0.00$4.19$0.80$0.48$0.32
2022Detailed filing. Detailed filing data is available for this year.$2.86$0.01$2.85$0.34$0.57$0.91
2021Detailed filing. Detailed filing data is available for this year.$5.19$0.01$5.18$2.11$0.50$1.61
2020Detailed filing. Detailed filing data is available for this year.$5.21$0.01$5.21$0.77$0.36$0.41
2019Detailed filing. Detailed filing data is available for this year.$3.20$0.01$3.19$0.52$0.49$0.03
2018Detailed filing. Detailed filing data is available for this year.$2.73$0.01$2.72$0.86$0.41$0.45
2017Detailed filing. Detailed filing data is available for this year.$2.51$0.01$2.51$0.41$0.31$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.96$0.01$1.95$0.31$0.28$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.98$0.01$1.97$0.29$0.26$0.03
2014Summary only. Only limited summary data is available for this year.$1.91$0.01$1.91$0.25$0.31$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.87$0.00$1.87$0.55$0.40$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.03$1.48$0.37
2011Summary only. Only limited summary data is available for this year.$1.68$0.03$1.64$0.36$0.50$0.14