Civic Intelligence

VC Platform Global Community Inc

990 • Fiscal year 2024 • EIN 85-3643067

Jul 01, 2023 to Jun 30, 2024 • Filed on Dec 23, 2024

201 Allen Street Unit 10050New York, NY 10002

(416) 817-8520

Siviq Scores

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

Liabilities / Assets

79th percentile

0.49x

Higher debt load relative to assets than 79% of similar nonprofits.

2024 filings • NTEE S41 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

39th percentile

0.11x

Higher debt load relative to revenue than 39% of similar nonprofits.

2024 filings • NTEE S41 • $1M-$5M nonprofits • Source year 2024

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

2024 filings • NTEE S41 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

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

2024 filings • NTEE S41 • $1M-$5M nonprofits • Source year 2024

Asset Growth

98th percentile

314%

Faster asset growth than 98% of similar nonprofits.

2024 filings • NTEE S41 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

78th percentile

24%

Faster revenue growth than 78% of similar nonprofits.

2024 filings • NTEE S41 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$247,827

Up $187,960 (+314%) from 2023

Net Assets

Up

$125,277

Up $145,504 (+719%) from 2023

Liabilities

Up

$122,550

Up $42,456 (+53%) from 2023

Revenue

Up

$1,113,061

Up $211,826 (+24%) from 2023

Expenses

Up

$969,510

Up $37,829 (+4.1%) from 2023

Net Income

Up

$143,551

Up $173,997 (+571%) from 2023

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2022: $71,639Liabilities 2022: $61,420Net Assets 2022: $10,2192022Assets 2023: $59,867Liabilities 2023: $80,094Net Assets 2023: -$20,2272023Assets 2024: $247,827Liabilities 2024: $122,550Net Assets 2024: $125,2772024Assets 2025: $388,267Liabilities 2025: $149,587Net Assets 2025: $238,6802025

Highlighted filing

2024

Assets$247,827
Liabilities$122,550
Net Assets$125,277

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2022: $482,145Expenses 2022: $471,332Net Income 2022: $10,8132022Revenue 2023: $901,235Expenses 2023: $931,681Net Income 2023: -$30,4462023Revenue 2024: $1,113,061Expenses 2024: $969,510Net Income 2024: $143,5512024Revenue 2025: $1,263,298Expenses 2025: $1,150,008Net Income 2025: $113,2902025

Highlighted filing

2024

Revenue$1,113,061
Expenses$969,510
Net Income$143,551
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Dec 23, 2024
Return Version
2023v6.0
Gross Receipts
$1,113,061
Mission and Program Overview

Mission

Vc platform global community, inc. Is organized for the purpose of improving business conditions for its membership and for the venture capital industry. The organization focuses on promoting the improvement of business conditions in the industry by developing a number of activities that will enable its members to be better at their jobs, to connect more easily with thier peers, and to advance their careers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$59,867$231,737▲ $171,870
Rtn Earn Endowment Incm Other Fnds$-20,227$125,277▲ $145,504
Accounts Receivable-$14,251-
Prepaid Expenses and Deferred Charges-$1,839-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$59,867$247,827▲ $187,960
Liabilities
Deferred Revenue$50,000$112,500▲ $62,500
Accounts Payable and Accrued Expenses$30,094$10,050▼ $20,044
Total Liabilities$80,094$122,550▲ $42,456
Net Assets / Fund Balance
Total Net Assets Fund Balance$-20,227$125,277▲ $145,504
Total Liabilities and Net Assets / Fund Balance$59,867$247,827▲ $187,960
Compensation and Service Providers

Board Members and Trustees

NameTitle
Keji MustaphaPresident
Annie ShapiroVice President
Arabella ReevesDirector
Brianna RizzoDirector
Casey TaylorDirector
Cliff WorleyDirector
Dale ChangDirector
Elyse CrowstonDirector
Erica AmatoriDirector
Samantha GeltDirector
Cory BolotskyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
OysterProfessional Employer Organization Services3411 SILVERSIDE RD STE 104, Wilmington, DE 19810-4812$176,958
Revenue and Support

Revenue Composition

Contributions and Grants
$856,400
Program Service Revenue
$256,661
Investment Income
$0
Other Revenue
$0
All Other Contributions
$856,400
Change in Net Assets
$143,551
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$969,510
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$511,073
Fees for Services Management---$176,958
Fees for Services Other---$134,585
Travel---$22,367
Fees for Services Accounting---$17,360
Insurance---$5,661
Office Expenses---$2,729
Fees for Services Legal---$1,494
Other Expenses---$717
All Other Expenses---$41
Total Functional Expenses$0$0$0$969,510
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
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-TREASURER OF ORG IS 100% SHAREHOLDERPayments for Contract ServicesNo$54,469
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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 A, Line 2

Cory bolotsky (board treasurer) does consulting work (separate from the organization) for dale chang (board director)

Form 990, Part VI, Section A, Line 8B

THERE ARE NO COMMITTEES.

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

Form 990 is made available to all board members for review prior to filing.

Form 990, Part VI, Section C, Line 19

Form 990s can be found on irs.gov and guidestar.org.

Filing and Contact Details

Filer

Filer Name
Vc Platform Global Community Inc
EIN
85-3643067
Phone
4168178520
Address
201 ALLEN STREET UNIT 10050, NEW YORK, NY 10002

Signing Officer

Name
Cory Bolotsky
Title
Treasurer
Phone
4168178520
Signed
2024-12-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cory Bolotsky
Formed
2020
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
10
Employees
0
Volunteers
11

Preparer

Firm
Easy Office Dba Jitasa
Address
1120 S RACKHAM WAY SUITE 300, MERIDIAN, ID 83642
Preparer
Jeremy Cork
Phone
2082874777
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11A

Oyster is the employer for joshua goodfield, responsible for paying his salary, providing benefits, and withholding the required employee taxes and social contributions.

Form 990, Part IX, Line 11G

Summit speaking fees, marketing and software consulting, business taxes and licensing fees, general contractors

Form 990, Part IX, Line 24A - 24D

Summit expenses - printing and copying - $32,000, supplies - $19,697

Form 990, Part IX, Line 24E

Gain/loss on exchange rate

Form 990, Part XI, Line 9

Oyster holding account - $1,953

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IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/ProgSrvcAccomActy2Grp/Desc02023 VC PLATFORM EUROPEAN SUMMIT - THE 2023 VC PLATFORM EUROPEAN SUMMIT INCLUDED 150+ VENTURE CAPITAL OPERATORS WORKING AT EUROPEAN FUNDS OR ACTIVELY INVESTING IN EUROPEAN TECHNOLOGY COMPANIES FOR TWO DAYS OF PEER NETWORKING IN LONDON. THIS EVENT INCREASES CONNECTIVITY AND KNOWLEDGE-SHARING FOR THE EUROPEAN SEGMENT OF OUR GLOBAL MEMBERSHIP.
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IRS990/PYProgramServiceRevenueAmt0213333
IRS990/PYRevenuesLessExpensesAmt0-30446
IRS990/PYSalariesCompEmpBnftPaidAmt0206995
IRS990/PYTotalExpensesAmt0931681
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0901235
IRS990/ReconcilationRevenueExpnssAmt0143551
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0256661
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-20227
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0125277
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
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0SYNCHRONIZE COMMUNITY LIMITED
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0TREASURER OF ORG IS 100% SHAREHOLDER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt054469
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PAYMENTS FOR CONTRACT SERVICES
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CORY BOLOTSKY (BOARD TREASURER) DOES CONSULTING WORK (SEPARATE FROM THE ORGANIZATION) FOR DALE CHANG (BOARD DIRECTOR)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS MADE AVAILABLE TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990S CAN BE FOUND ON IRS.GOV AND GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OYSTER IS THE EMPLOYER FOR JOSHUA GOODFIELD, RESPONSIBLE FOR PAYING HIS SALARY, PROVIDING BENEFITS, AND WITHHOLDING THE REQUIRED EMPLOYEE TAXES AND SOCIAL CONTRIBUTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SUMMIT SPEAKING FEES, MARKETING AND SOFTWARE CONSULTING, BUSINESS TAXES AND LICENSING FEES, GENERAL CONTRACTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SUMMIT EXPENSES - PRINTING AND COPYING - $32,000, SUPPLIES - $19,697
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GAIN/LOSS ON EXCHANGE RATE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OYSTER HOLDING ACCOUNT - $1,953
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24a - 24d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XI, Line 9
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt059867
IRS990/TotalAssetsEOYAmt0247827
IRS990/TotalAssetsGrp/BOYAmt059867
IRS990/TotalAssetsGrp/EOYAmt0247827
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0856400
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0969510
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt080094
IRS990/TotalLiabilitiesEOYAmt0122550
IRS990/TotalLiabilitiesGrp/BOYAmt080094
IRS990/TotalLiabilitiesGrp/EOYAmt0122550
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-20227
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0125277
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt099533
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0830675
IRS990/TotalProgramServiceRevenueAmt0256661
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0256661
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01113061
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt059867
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0247827
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt022367
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0201 ALLEN STREET UNIT 10050
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010002
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0www.vcplatform.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CORY BOLOTSKY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04168178520
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-12-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VC PLATFORM GLOBAL COMMUNITY INC
ReturnHeader/Filer/BusinessNameControlTxt0VCPL
ReturnHeader/Filer/EIN0853643067
ReturnHeader/Filer/PhoneNum04168178520
ReturnHeader/Filer/USAddress/AddressLine1Txt0201 ALLEN STREET UNIT 10050
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010002
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0262176601

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