Civic Intelligence

Vela Institute Inc.

990 • Fiscal year 2019 • EIN 82-2827429

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 05, 2020

Organization ProfileVELAINSTITUTE.ORG
237 Chestnut Hill DriveBoone, NC 28607

(828) 719-7116

Siviq Scores

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

Liabilities / Assets

66th percentile

0.00x

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

2019 filings • NTEE B • <$500k nonprofits • Source year 2019

Liabilities / Revenue

65th percentile

0.00x

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

2019 filings • NTEE B • <$500k nonprofits • Source year 2019

Net Margin

67th percentile

15%

Higher net margin than 67% of similar nonprofits.

2019 filings • NTEE B • <$500k nonprofits • Source year 2019

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2019 filings • NTEE B • <$500k nonprofits • Source year 2019

Asset Growth

99th percentile

1310%

Faster asset growth than 99% of similar nonprofits.

2019 filings • NTEE B • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

95th percentile

175%

Faster revenue growth than 95% of similar nonprofits.

2019 filings • NTEE B • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$60,433

Up $56,146 (+1310%) from 2018

Net Assets

Up

$60,433

Up $71,257 (+658%) from 2018

Liabilities

Down

$0

Down $15,111 (-100%) from 2018

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin67th percentile

Revenue

Up

$464,211

Up $295,269 (+175%) from 2018

Expenses

Up

$392,954

Up $213,002 (+118%) from 2018

Net Income

Up

$71,257

Up $82,267 (+747%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$600K$400K$200K$0-$200KAssets 2018: $4,287Liabilities 2018: $15,111Net Assets 2018: -$10,8242018Assets 2019: $60,433Liabilities 2019: $0Net Assets 2019: $60,4332019Assets 2020: $47,783Liabilities 2020: $149,900Net Assets 2020: -$102,1172020Assets 2021: $124,491Liabilities 2021: $162,400Net Assets 2021: -$37,9092021Assets 2022: $131,247Liabilities 2022: $149,900Net Assets 2022: -$18,6532022Assets 2023: $55,026Liabilities 2023: $147,336Net Assets 2023: -$92,3102023Assets 2024: $418,152Liabilities 2024: $140,285Net Assets 2024: $277,8672024

Highlighted filing

2019

Assets$60,433
Liabilities$0
Net Assets$60,433
Open 2019 Filing

Operations Trend

Revenue Growth95th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2018: $168,942Expenses 2018: $179,952Net Income 2018: -$11,0102018Revenue 2019: $464,211Expenses 2019: $392,954Net Income 2019: $71,2572019Revenue 2020: $408,751Expenses 2020: $571,301Net Income 2020: -$162,5502020Revenue 2021: $736,351Expenses 2021: $672,143Net Income 2021: $64,2082021Revenue 2022: $978,998Expenses 2022: $959,742Net Income 2022: $19,2562022Revenue 2023: $1,166,640Expenses 2023: $1,240,297Net Income 2023: -$73,6572023Revenue 2024: $1,694,893Expenses 2024: $1,248,845Net Income 2024: $446,0482024

Highlighted filing

2019

Revenue$464,211
Expenses$392,954
Net Income$71,257
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 5, 2020
Return Version
2019v5.0
Gross Receipts
$464,211
Mission and Program Overview

Mission

To improve education by finding effective solutions, making these solutions readily available to impact practice and policy and promoting a culture of evidence based decision-making.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,021$60,433▲ $56,412
Accounts Receivable$268--
Total Assets$4,289$60,433▲ $56,144
Liabilities
Accounts Payable and Accrued Expenses$15,113--
Total Liabilities$15,113$0▼ $15,113
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-10,824$60,433▲ $71,257
Total Net Assets Fund Balance$-10,824$60,433▲ $71,257
Total Liabilities and Net Assets / Fund Balance$4,289$60,433▲ $56,144
Compensation and Service Providers
Top Officer Pay84th percentile

Board Members and Trustees

NameTitle
Shawn BergmanBoard Chair
Brian GriepentrogBoard Member
Joni PetschauerBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$464,211
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$71,257
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$228,417
Other Expenses$164,537
Total Fundraising Expense$4,708
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$203,487$5,015$4,388$212,890
Fees for Services Other$94,766$3,700-$98,466
Conferences and Meetings$32,064$213-$32,277
Office Expenses$26,951$389-$27,340
Payroll Taxes$14,841$366$320$15,527
Insurance-$4,347-$4,347
Fees for Services Accounting-$1,350-$1,350
Advertising-$757-$757
Total Functional Expenses$372,109$16,137$4,708$392,954
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Vela Institute Inc
EIN
82-2827429
Address
237 CHESTNUT HILL DRIVE, BOONE, NC 28607

Signing Officer

Name
Jennifer Wilson-kearse
Title
Executive Director
Phone
8287731899
Signed
2020-08-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Wilson-kearse
Formed
2017
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
2
Employees
5

Preparer

Firm
Williams CPA Pllc
Address
PO BOX 487, BOONE, NC 28607
Preparer
Mira Williams
Phone
8282634032
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Memberships 580 0 0 professional services 6,900 3,700 0 licensing and software 87,286 0 0 total 94,766 3,700 0”

Raw XML Appendix290 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/AccountsPayableAccrExpnssGrp/BOYAmt015113
IRS990/AccountsReceivableGrp/BOYAmt0268
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO IMPROVE EDUCATION BY FINDING EFFECTIVE SOLUTIONS, MAKING THESE SOLUTIONS READILY AVAILABLE TO IMPACT PRACTICE AND POLICY AND PROMOTING A CULTURE OF EVIDENCE BASED DECISION-MAKING.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0757
IRS990/AdvertisingGrp/TotalAmt0757
IRS990/BooksInCareOfDetail/PersonNm0JENNIFER WILSON-KEARSE
IRS990/BooksInCareOfDetail/PhoneNum08287197116
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0237 CHESTNUT HILL DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BOONE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028607
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt04021
IRS990/CashNonInterestBearingGrp/EOYAmt060433
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0213
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt032064
IRS990/ConferencesMeetingsGrp/TotalAmt032277
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0164537
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0464211
IRS990/CYRevenuesLessExpensesAmt071257
IRS990/CYSalariesCompEmpBnftPaidAmt0228417
IRS990/CYTotalExpensesAmt0392954
IRS990/CYTotalFundraisingExpenseAmt04708
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0464211
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TO HELP EDUCATORS ACHIEVE AND MAXIMIZE THEIR GOALS THROUGH THE USE OF DATA, EVIDENCE-BASED PRACTICES AND TECHNOLOGY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0372109
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01350
IRS990/FeesForServicesAccountingGrp/TotalAmt01350
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03700
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt094766
IRS990/FeesForServicesOtherGrp/TotalAmt098466
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0SHAWN BERGMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1BRIAN GRIEPENTROG
IRS990/Form990PartVIISectionAGrp/PersonNm2JONI PETSCHAUER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0464211
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04347
IRS990/InsuranceGrp/TotalAmt04347
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO IMPROVE EDUCATION BY FINDING EFFECTIVE SOLUTIONS, MAKING THESE SOLUTIONS READILY AVAILABLE TO IMPACT PRACTICE AND POLICY AND PROMOTING A CULTURE OF EVIDENCE BASED DECISION-MAKING.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-10824
IRS990/NetAssetsOrFundBalancesEOYAmt060433
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-10824
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt060433
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0389
IRS990/OfficeExpensesGrp/ProgramServicesAmt026951
IRS990/OfficeExpensesGrp/TotalAmt027340
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04388
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05015
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0203487
IRS990/OtherSalariesAndWagesGrp/TotalAmt0212890
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0320
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0366
IRS990/PayrollTaxesGrp/ProgramServicesAmt014841
IRS990/PayrollTaxesGrp/TotalAmt015527
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JENNIFER WILSON-KEARSE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0464211
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0464211
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/ReconcilationRevenueExpnssAmt071257
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0464211
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0168942
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0168942
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0633153
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0168942
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0168942
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0168942
IRS990ScheduleA/TotalSupportAmt0168942
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERSHIPS 580 0 0 PROFESSIONAL SERVICES 6,900 3,700 0 LICENSING AND SOFTWARE 87,286 0 0 TOTAL 94,766 3,700 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0822808321
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0SOFTWARE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0SWANS GROUP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0237 CHESTNUT DRIVE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0BOONE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd028607
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0true
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt082500
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0SWANS LLC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04289
IRS990/TotalAssetsEOYAmt060433
IRS990/TotalAssetsGrp/BOYAmt04289
IRS990/TotalAssetsGrp/EOYAmt060433
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04708
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016137
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0372109
IRS990/TotalFunctionalExpensesGrp/TotalAmt0392954
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015113
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt015113
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-10824
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt060433
IRS990/TotalProgramServiceExpensesAmt0372109
IRS990/TotalProgramServiceRevenueAmt0464211
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0464211
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0464211
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04289
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt060433
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0237 CHESTNUT HILL DRIVE
IRS990/USAddress/CityNm0BOONE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028607
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0VELAINSTITUTE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER WILSON-KEARSE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08287731899
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VELA INSTITUTE INC
ReturnHeader/Filer/BusinessNameControlTxt0VELA
ReturnHeader/Filer/EIN0822827429
ReturnHeader/Filer/USAddress/AddressLine1Txt0237 CHESTNUT HILL DRIVE
ReturnHeader/Filer/USAddress/CityNm0BOONE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028607
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C4FCA1FCE72159431B10010CB5F5737B082704E9
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D8B44C790A42495B6DE0BBAD9B2C582581CD0749
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.37.240.203
ReturnHeader/FilingSecurityInformation/IPDt02020-08-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:18:00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0473626435
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILLIAMS CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 487
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOONE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028607
ReturnHeader/PreparerPersonGrp/PhoneNum08282634032
ReturnHeader/PreparerPersonGrp/PreparationDt02020-08-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MIRA WILLIAMS
ReturnHeader/ReturnTs02020-08-06T08:18:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$60,433
Liabilities
$0
Net assets
$60,433
Revenue
$464,211
Expenses
$392,954
Net income
$71,257
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.42$0.14$0.28$1.69$1.25$0.45
2023Detailed filing. Detailed filing data is available for this year.$0.06$0.15$0.09$1.17$1.24$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.13$0.15$0.02$0.98$0.96$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.12$0.16$0.04$0.74$0.67$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.05$0.15$0.10$0.41$0.57$0.16
2019Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.46$0.39$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.02$0.01$0.17$0.18$0.01