Civic Intelligence

Vascular Cures

990 • Fiscal year 2016 • EIN 94-2825216

Jul 01, 2015 to Jun 30, 2016 • Filed on May 15, 2017

Organization ProfileWWW.VASCULARCURES.ORG
274 Redwood Shores Parkway 717Redwood City, CA 94065

(650) 368-6022

Siviq Scores

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

Liabilities / Assets

35th percentile

0.03x

Higher debt load relative to assets than 35% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

71st percentile

0.34x

Higher debt load relative to revenue than 71% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

2nd percentile

-186%

Higher net margin than 2% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

92nd percentile

$230,031

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 69.8% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

9th percentile

-15%

Faster asset growth than 9% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

2nd percentile

-80%

Faster revenue growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets35th percentile

Assets

Down

$3,664,390

Down $623,247 (-15%) from 2015

Net Assets

Down

$3,553,446

Down $679,325 (-16%) from 2015

Liabilities

Up

$110,944

Up $56,078 (+102%) from 2015

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin2nd percentile

Revenue

Down

$329,595

Down $1,285,620 (-80%) from 2015

Expenses

Up

$943,160

Up $157,284 (+20%) from 2015

Net Income

Down

-$613,565

Down $1,442,904 (-174%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,512,425Liabilities 2011: $15,773Net Assets 2011: $1,496,6522011Assets 2012: $1,183,664Liabilities 2012: $32,593Net Assets 2012: $1,151,0712012Assets 2013: $2,477,830Liabilities 2013: $36,524Net Assets 2013: $2,441,3062013Assets 2014: $3,429,333Liabilities 2014: $28,396Net Assets 2014: $3,400,9372014Assets 2015: $4,287,637Liabilities 2015: $54,866Net Assets 2015: $4,232,7712015Assets 2016: $3,664,390Liabilities 2016: $110,944Net Assets 2016: $3,553,4462016Assets 2017: $3,018,671Liabilities 2017: $24,381Net Assets 2017: $2,994,2902017Assets 2018: $2,764,483Liabilities 2018: $20,210Net Assets 2018: $2,744,2732018Assets 2019: $2,978,980Liabilities 2019: $16,307Net Assets 2019: $2,962,6732019Assets 2020: $3,437,896Liabilities 2020: $66,578Net Assets 2020: $3,371,3182020Assets 2021: $4,123,824Liabilities 2021: $563,236Net Assets 2021: $3,560,5882021Assets 2022: $3,787,443Liabilities 2022: $483,473Net Assets 2022: $3,303,9702022Assets 2023: $3,574,035Liabilities 2023: $321,309Net Assets 2023: $3,252,7262023Assets 2024: $4,309,404Liabilities 2024: $200,038Net Assets 2024: $4,109,3662024

Highlighted filing

2016

Assets$3,664,390
Liabilities$110,944
Net Assets$3,553,446
Open 2016 Filing

Operations Trend

Revenue Growth2nd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,060,435Expenses 2011: $608,882Net Income 2011: $451,5532011Expenses 2012: $731,4622012Expenses 2013: $761,0692013Revenue 2014: $1,524,103Expenses 2014: $701,270Net Income 2014: $822,8332014Revenue 2015: $1,615,215Expenses 2015: $785,876Net Income 2015: $829,3392015Revenue 2016: $329,595Expenses 2016: $943,160Net Income 2016: -$613,5652016Revenue 2017: $299,513Expenses 2017: $1,056,506Net Income 2017: -$756,9932017Revenue 2018: $497,871Expenses 2018: $898,562Net Income 2018: -$400,6912018Revenue 2019: $1,071,805Expenses 2019: $767,918Net Income 2019: $303,8872019Revenue 2020: $1,228,444Expenses 2020: $743,410Net Income 2020: $485,0342020Revenue 2021: $516,547Expenses 2021: $806,491Net Income 2021: -$289,9442021Revenue 2022: $2,153,452Expenses 2022: $2,056,902Net Income 2022: $96,5502022Revenue 2023: $1,610,194Expenses 2023: $1,826,600Net Income 2023: -$216,4062023Revenue 2024: $1,853,089Expenses 2024: $1,111,076Net Income 2024: $742,0132024

Highlighted filing

2016

Revenue$329,595
Expenses$943,160
Net Income-$613,565
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$967,738
Mission and Program Overview

Mission

Vascular cures is a leader in breakthrough innovations to improve the lives of patients with vascular disease. We are transforming the vascular care-to-cure continuum, driving novel collaborations in patient-centered research and healthcare. Vascular cures is enabling new ways to predict, treat and prevent vascular disease.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$2,628,406$2,417,889▼ $210,517
Pledges and Grants Receivable$1,209,825$923,512▼ $286,313
Cash and Non-Interest-Bearing Accounts$324,143$172,680▼ $151,463
Savings and Temporary Cash Investments$113,084$132,255▲ $19,171
Land, Buildings, and Equipment, Net$0$8,894▲ $8,894
Prepaid Expenses and Deferred Charges$10,086$7,067▼ $3,019
Total Assets$4,287,637$3,664,390▼ $623,247
Other Assets Total$2,093$2,093→ $0
Liabilities
Accounts Payable and Accrued Expenses$54,866$110,944▲ $56,078
Total Liabilities$54,866$110,944▲ $56,078
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,502,500$1,502,500→ $0
Unrestricted Net Assets$1,811,344$1,233,713▼ $577,631
Temporarily Rstr Net Assets$918,927$817,233▼ $101,694
Total Net Assets Fund Balance$4,232,771$3,553,446▼ $679,325
Total Liabilities and Net Assets / Fund Balance$4,287,637$3,664,390▼ $623,247

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,894$29,870$38,764
Investment Program Related Org$400,581--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$2,421,427$63,000▼ $14,694-$2,319,733
2014$2,534,765$67,750▲ $35,315-$2,421,427
2013$2,000,380$496,750▲ $187,635-$2,534,765
2012$1,065,312$1,264,752▼ $81,023-$2,000,380
2011$1,112,113$177,950▲ $19,557-$1,065,312
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wendy HitchcockCEO/directorFT$189,000$41,031$230,031

Board Members and Trustees

NameTitle
David RaeDirector
Doug GreyDirector
Ed YuDirector
Julie FreischlagDirector
Lori McdougalDirector
Michael ConteDirector
Ron StoneyDirector
Russ CoxDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$254,836
Program Service Revenue
$0
Investment Income
$64,930
Other Revenue
$9,829
All Other Contributions
$177,609
Change in Net Assets
$-613,565

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$19,219Cost
Total Noncash Contributions$19,219-

Audited Revenue Reconciliation

Revenue per Audited Statements
$329,595
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-4,920
Total Revenue per Audited Statements
$324,675
Total Revenue per Form 990
$329,595
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$492,995
Salaries, Compensation, and Employee Benefits$300,165
Total Fundraising Expense$156,660
Grants and Similar Amounts Paid$150,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$120,960$31,298$36,742$189,000
Grants to Domestic Orgs$150,000--$150,000
Fees for Services Other$74,533$610$60,371$135,514
Other Salaries and Wages$34,036$8,807$10,338$53,181
Other Employee Benefits$28,604$6,336$8,399$43,339
Occupancy$21,773$5,634$6,613$34,020
Fees for Services Accounting-$31,235-$31,235
Payroll Taxes$9,373$2,425$2,847$14,645
Fees for Service Investment Mgmnt Fees-$14,171-$14,171
All Other Expenses$6,251$2,020$5,671$13,942
Advertising$8,397$103$5,044$13,544
Other Expenses$7,326$637$19,219$7,963
Insurance$1,170$3,818$332$5,320
Travel$2,689$1,850$19$4,558
Information Technology$1,926$142$1,039$3,107
Office Expenses$2,556-$26$2,582
Depreciation Depletion-$1,757-$1,757
Total Functional Expenses$665,944$120,556$156,660$943,160

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,004,000
Expenses per Audited Statements$943,160
Total Expenses per Form 990$943,160
Expenses Not Reported on Form 990$60,840
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Washington UniversitySt Louis, MO501(c)(3)Research$150,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$61,669
Fundraising Direct Expenses$51,840
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Circulate$138,896$61,669$26,650$35,019
Total Events$138,896$61,669$51,840$9,829
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
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Audit and finance committees are not required to keep formal minutes. They approve the audit and monitor investment management performance.”

Form 990, Part VI, Section B, Line 11

“The 990 is reviewed by the chief executive officer”

Form 990, Part VI, Section B, Line 15A

“Compensation of the key executive officer of vascular cures is vested in the board of directors. The board or committee shall obtain sufficient information, taking into consideration the knowledge and expertise of its members, to determine whether the full compensation package of the ceo is reasonable, i.e., that it represents no more than the fair market value for the services performed. In assessing the reasonableness of a ceo's compensation package, the board or committee shall take into account all elements of the package. There are no other officers or key employees that would require this review.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents are made available to the public upon request as well as posted on various websites that can be accessed by the public.”

Filing and Contact Details

Filer

Filer Name
Vascular Cures
EIN
94-2825216
Phone
6503686022
Address
274 REDWOOD SHORES PARKWAY 717, REDWOOD CITY, CA 94065

Signing Officer

Name
Wendy Hitchcock
Title
CEO
Phone
6503686022
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendy Hitchcock
Formed
1982
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
8
Employees
2
Volunteers
8

Preparer

Firm
Marcum Llp
Address
101 MONTGOMERY STREET 1900, SAN FRANCISCO, CA 94104
Preparer
Steven H Boultbee
Phone
4154326200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting: program service expenses 74,533. Management and general expenses 610. Fundraising expenses 60,371. Total expenses 135,514.”

FORM 990, PART XI, LINE 9:

“DONATED SERVICES -9,000.”

Financial Statement Notes

PART V, LINE 4:

“The organization expends funds from the endowment based on the following criteria: 1) the duration and preservation of the fund 2) the purpose of the organization and the donor-restricted endowment fund 3) general economic conditions 4) the possible effect of inflation and deflation 5) the expected total return from income and the appreciation of investments 6) other resources of the organizations 7) the investment policies of the organization”

PART X, LINE 2:

“Vc applies asc 740 regarding the accounting for uncertainty in income taxes. Under asc 740, vc utilizes a two-step approach to recognizing and measuring uncertain tax positions (tax contingencies). The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes. The second step is to measure the tax benefit as the largest amount that is more than 50% likely of being realized upon ultimate settlement. For the years ended june 30, 2016 and 2015, there were no additional liabilities recorded for unrecognized tax benefits related to tax positions taken in the current year. Vc considers many factors when evaluating and estimating its tax positions and tax benefits, which may require periodic adjustments and which may not accurately forecast actual outcomes. In accordance with asc 740, vc has elected to include interest and penalties related to its tax contingencies in income tax expense. There were no accruals for interest and penalties related to uncertain tax positions at the inception date or for the years ended june 30, 2016 and 2015.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Gala-event expenditures 51,840.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Gala - fundraising expenditures 51,840.”

Raw XML AppendixShowing 400 of 577 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt054866
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0110944
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0VASCULAR CURES IS A LEADER IN BREAKTHROUGH INNOVATIONS TO IMPROVE THE LIVES OF PATIENTS WITH VASCULAR DISEASE. WE ARE TRANSFORMING THE VASCULAR CARE-TO-CURE CONTINUUM, DRIVING NOVEL COLLABORATIONS IN PATIENT-CENTERED RESEARCH AND HEALTHCARE. VASCULAR CURES IS ENABLING NEW WAYS TO PREDICT, TREAT AND PREVENT VASCULAR DISEASE.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/FundraisingAmt05044
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0103
IRS990/AdvertisingGrp/ProgramServicesAmt08397
IRS990/AdvertisingGrp/TotalAmt013544
IRS990/AllOtherContributionsAmt0177609
IRS990/AllOtherExpensesGrp/FundraisingAmt05671
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02020
IRS990/AllOtherExpensesGrp/ProgramServicesAmt06251
IRS990/AllOtherExpensesGrp/TotalAmt013942
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WENDY R HITCHCOCK
IRS990/BooksInCareOfDetail/PhoneNum06503686022
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0274 REDWOOD SHORES PKWY 717
IRS990/BooksInCareOfDetail/USAddress/CityNm0REDWOOD CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094065
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0324143
IRS990/CashNonInterestBearingGrp/EOYAmt0172680
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt036742
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt031298
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0120960
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0189000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContriRptFundraisingEventAmt077227
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0254836
IRS990/CYGrantsAndSimilarPaidAmt0150000
IRS990/CYInvestmentIncomeAmt064930
IRS990/CYOtherExpensesAmt0492995
IRS990/CYOtherRevenueAmt09829
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-613565
IRS990/CYSalariesCompEmpBnftPaidAmt0300165
IRS990/CYTotalExpensesAmt0943160
IRS990/CYTotalFundraisingExpenseAmt0156660
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0329595
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01757
IRS990/DepreciationDepletionGrp/TotalAmt01757
IRS990/Desc0THE WYLIE SCHOLAR PROGRAM GOAL IS TO CREATE A PIPELINE OF INNOVATORS IN PATIENT-CENTERED RESEARCH AND CARE. THIS IS A THREE-YEAR CAREER DEVELOPMENT GRANT OF $150,000 TO OUTSTANDING YOUNG VASCULAR SURGEON-SCIENTISTS WHO COMBINE THEIR CLINICAL PRACTICE WITH INNOVATIVE RESEARCH. ONE AWARD IS GIVEN PER YEAR, AND 19 GRANTS HAVE BEEN AWARDED SINCE 1996; RESEARCH SUPPORTED BY THIS GRANT ALLOWS THEM TO COMPETE FOR FURTHER FUNDING FROM GOVERNMENT AND OTHER ORGANIZATIONS - AND RESULTS HAVE BEEN EXTRAORDINARY. ON AVERAGE, WYLIE SCHOLARS GO ON TO RECEIVE 16 TIMES THEIR ORIGINAL FUNDING.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonatedServicesAndUseFcltsAmt09000
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0152496
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt031235
IRS990/FeesForServicesAccountingGrp/TotalAmt031235
IRS990/FeesForServicesOtherGrp/FundraisingAmt060371
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0610
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt074533
IRS990/FeesForServicesOtherGrp/TotalAmt0135514
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt014171
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt014171
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt041031
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0WENDY HITCHCOCK
IRS990/Form990PartVIISectionAGrp/PersonNm1JULIE FREISCHLAG
IRS990/Form990PartVIISectionAGrp/PersonNm2RON STONEY
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID RAE
IRS990/Form990PartVIISectionAGrp/PersonNm4ED YU
IRS990/Form990PartVIISectionAGrp/PersonNm5LORI MCDOUGAL
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL CONTE
IRS990/Form990PartVIISectionAGrp/PersonNm7DOUG GREY
IRS990/Form990PartVIISectionAGrp/PersonNm8RUSS COX
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0189000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt077227
IRS990/FundraisingDirectExpensesAmt051840
IRS990/FundraisingGrossIncomeAmt061669
IRS990/GainOrLossGrp/SecuritiesAmt01182
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0150000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0150000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0150000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0587485
IRS990/GrossReceiptsAmt0967738
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01039
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0142
IRS990/InformationTechnologyGrp/ProgramServicesAmt01926
IRS990/InformationTechnologyGrp/TotalAmt03107
IRS990/InsuranceGrp/FundraisingAmt0332
IRS990/InsuranceGrp/ManagementAndGeneralAmt03818
IRS990/InsuranceGrp/ProgramServicesAmt01170
IRS990/InsuranceGrp/TotalAmt05320
IRS990/InvestmentIncomeGrp/ExclusionAmt063748
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt063748
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt02628406
IRS990/InvestmentsProgramRelatedGrp/EOYAmt02417889
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt02
IRS990/LandBldgEquipAccumDeprecAmt029870
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08894
IRS990/LandBldgEquipCostOrOtherBssAmt038764
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0586303
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0VASCULAR CURES IS A LEADER IN BREAKTHROUGH INNOVATIONS TO IMPROVE THE LIVES OF PATIENTS WITH VASCULAR DISEASE. WE ARE TRANSFORMING THE VASCULAR CARE-TO-CURE CONTINUUM, DRIVING NOVEL COLLABORATIONS IN PATIENT-CENTERED RESEARCH AND HEALTHCARE. VASCULAR CURES IS ENABLING NEW WAYS TO PREDICT, TREAT AND PREVENT VASCULAR DISEASE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04232771
IRS990/NetAssetsOrFundBalancesEOYAmt03553446
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01182
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01182
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt09829
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt09829
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-65760
IRS990/NoncashContributionsAmt019219
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt06613
IRS990/OccupancyGrp/ManagementAndGeneralAmt05634
IRS990/OccupancyGrp/ProgramServicesAmt021773
IRS990/OccupancyGrp/TotalAmt034020
IRS990/OfficeExpensesGrp/FundraisingAmt026
IRS990/OfficeExpensesGrp/ProgramServicesAmt02556
IRS990/OfficeExpensesGrp/TotalAmt02582
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02093
IRS990/OtherAssetsTotalGrp/EOYAmt02093
IRS990/OtherChangesInNetAssetsAmt0-9000
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08399
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06336
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt028604
IRS990/OtherEmployeeBenefitsGrp/TotalAmt043339
IRS990/OtherExpensesGrp/Desc0RESEARCH SUPPORT
IRS990/OtherExpensesGrp/Desc1IN-KIND GOODS
IRS990/OtherExpensesGrp/Desc2RECEIVABLE PRESENT VALU
IRS990/OtherExpensesGrp/Desc3RESEARCH DATABASE
IRS990/OtherExpensesGrp/FundraisingAmt019219
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09713
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1637
IRS990/OtherExpensesGrp/ProgramServicesAmt0196350
IRS990/OtherExpensesGrp/ProgramServicesAmt17326
IRS990/OtherExpensesGrp/TotalAmt0196350
IRS990/OtherExpensesGrp/TotalAmt119219
IRS990/OtherExpensesGrp/TotalAmt29713
IRS990/OtherExpensesGrp/TotalAmt37963
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010338
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08807
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt034036
IRS990/OtherSalariesAndWagesGrp/TotalAmt053181
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02847
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02425
IRS990/PayrollTaxesGrp/ProgramServicesAmt09373
IRS990/PayrollTaxesGrp/TotalAmt014645
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01502500
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01502500
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01209825
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0923512
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010086
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07067
IRS990/PrincipalOfficerNm0WENDY HITCHCOCK
IRS990/ProfessionalFundraisingInd01
IRS990/ProgSrvcAccomActy2Grp/Desc0THE VASCULAR CURES RESEARCH NETWORK IS THE FIRST NATIONAL COLLABORATIVE INITIATIVE TO BRING PERSONALIZED MEDICINE TO VASCULAR DISEASE BY CREATING THE WORLD'S FIRST VASCULAR BIOBANK AND CLINICAL DATABASE. THE VASCULAR CURES RESEARCH NETWORK BUILDS ON COLLABORATION, INSTEAD OF COMPETITITION, AND INCLUDES LEADING SPECIALISTS FROM WORLD CLASS MEDICAL CENTERS. THROUGH VCRN, WE ARE CONVENING EXPERTS FROM ACROSS NORTH AMERICA TO CREATE AND SHARE RESEARCH ASSETS AND PURSUE NOVEL HIGH IMPACT PATIENT-CENTERED RESEARCH.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0161716
IRS990/ProgSrvcAccomActy3Grp/Desc0WE HAVE LAUNCHED PROJECT VOICE, THE FIRST DIGITAL HEALTH PROGRAM TO IMPROVE OUTCOMES FOR PATIENTS WITH PERIPHERAL ARTERY DISEASE (PAD). PROJECT VOICE WILL 1) BRING PATIENTS INTO THE HEALTHCARE CONVERSATION, MANAGE THEIR OWN HEALTH AND SHARE IN DECISION-MAKING; 2) ENABLE RESEARCHERS TO GATHER PATIENT-REPORTED OUTCOMES DATA, CURRENTLY A CRUCIAL GAP IN BOTH RESEARCH AND HEALTHCARE AND 3) IMPROVE PATIENT-PHYSICIAN PARTNERSHIPS THROUGH HIGHER QUALITY INFORMATION EXCHANGE AND SHARED DECISION-MAKING.THE ULTIMATE GOAL IS TO IMPROVE OUTCOMES AND LOWER HEALTHCARE COSTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0260439
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE BINKLEY VISITING PROFESSOR PROGRAM HONORS ONE PERSON PER YEAR FOR THEIR LEADERSHIP IN THE FIELD OF VASCULAR SURGERY, AT THE ANNUAL UCSF VASCULAR SYMPOSIUM. A DINNER IS HELD TO PRESENT THE AWARD.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1EDUCATION AND COMMUNITY AWARENESS PROGRAMS ARE PURSUED THROUGHOUT THE YEAR, TO BROADEN THE AWARENESS OF THE RISKS, CONSEQUENCES AND NEW TREATMENTS FOR VASCULAR DISEASE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0281
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt191012
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01523937
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0150000
IRS990/PYInvestmentIncomeAmt047544
IRS990/PYOtherExpensesAmt0315150
IRS990/PYOtherRevenueAmt043734
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0829339
IRS990/PYSalariesCompEmpBnftPaidAmt0320726
IRS990/PYTotalExpensesAmt0785876
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01615215
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt0-613565
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0113084
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0132255
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0254836
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01523937
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01432386
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02160382
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0407785
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05779326
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt063748
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt052805
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt037813
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt020603
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt020023
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0194992
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.51970
IRS990ScheduleA/PublicSupportPY170Pct00.51990
IRS990ScheduleA/PublicSupportTotal170Amt03104815
IRS990ScheduleA/SubstantialContributorsTotAmt02674511
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0254836
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01523937
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01432386
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02160382
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0407785
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05779326
IRS990ScheduleA/TotalSupportAmt05974318
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
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0150000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02421427
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt063000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02319733
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-14694
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0216403
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02534765
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt067750
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02421427
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt035315
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0150000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02000380
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0496750
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02534765
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0187635
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0248661
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01065312
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01264752
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02000380
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-81023
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0244308
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01112113
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0177950
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01065312
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt019557
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt09000
IRS990ScheduleD/DonatedServicesUseFcltsAmt09000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt08894
IRS990ScheduleD/EquipmentGrp/DepreciationAmt029870
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038764
IRS990ScheduleD/ExpensesNotReportedAmt060840
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0943160
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0987089
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1516304
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2513915
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3400581
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0MONEY MARKET MUTUAL FUND
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1BOND MUTUAL FUNDS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2EQUITY MUTUAL FUNDS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3EXCHANGE TRADED FUNDS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3F
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-65760
IRS990ScheduleD/OtherExpensesIncludedAmt051840
IRS990ScheduleD/OtherRevenueAmt051840
IRS990ScheduleD/RevenueNotReportedAmt0-4920
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0329595
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION EXPENDS FUNDS FROM THE ENDOWMENT BASED ON THE FOLLOWING CRITERIA: 1) THE DURATION AND PRESERVATION OF THE FUND 2) THE PURPOSE OF THE ORGANIZATION AND THE DONOR-RESTRICTED ENDOWMENT FUND 3) GENERAL ECONOMIC CONDITIONS 4) THE POSSIBLE EFFECT OF INFLATION AND DEFLATION 5) THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS 6) OTHER RESOURCES OF THE ORGANIZATIONS 7) THE INVESTMENT POLICIES OF THE ORGANIZATION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1VC APPLIES ASC 740 REGARDING THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. UNDER ASC 740, VC UTILIZES A TWO-STEP APPROACH TO RECOGNIZING AND MEASURING UNCERTAIN TAX POSITIONS (TAX CONTINGENCIES). THE FIRST STEP IS TO EVALUATE THE TAX POSITION FOR RECOGNITION BY DETERMINING IF THE WEIGHT OF AVAILABLE EVIDENCE INDICATES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED ON AUDIT, INCLUDING RESOLUTION OF RELATED APPEALS OR LITIGATION PROCESSES. THE SECOND STEP IS TO MEASURE THE TAX BENEFIT AS THE LARGEST AMOUNT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. FOR THE YEARS ENDED JUNE 30, 2016 AND 2015, THERE WERE NO ADDITIONAL LIABILITIES RECORDED FOR UNRECOGNIZED TAX BENEFITS RELATED TO TAX POSITIONS TAKEN IN THE CURRENT YEAR. VC CONSIDERS MANY FACTORS WHEN EVALUATING AND ESTIMATING ITS TAX POSITIONS AND TAX BENEFITS, WHICH MAY REQUIRE PERIODIC ADJUSTMENTS AND WHICH MAY NOT ACCURATELY FORECAST ACTUAL OUTCOMES. IN ACCORDANCE WITH ASC 740, VC HAS ELECTED TO INCLUDE INTEREST AND PENALTIES RELATED TO ITS TAX CONTINGENCIES IN INCOME TAX EXPENSE. THERE WERE NO ACCRUALS FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AT THE INCEPTION DATE OR FOR THE YEARS ENDED JUNE 30, 2016 AND 2015.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2GALA-EVENT EXPENDITURES 51,840.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3GALA - FUNDRAISING EXPENDITURES 51,840.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,664,390
Liabilities
$110,944
Net assets
$3,553,446
Revenue
$329,595
Expenses
$943,160
Net income
-$613,565
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.31$0.20$4.11$1.85$1.11$0.74
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.57$0.32$3.25$1.61$1.83$0.22
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.79$0.48$3.30$2.15$2.06$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.12$0.56$3.56$0.52$0.81$0.29
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.44$0.07$3.37$1.23$0.74$0.49
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$0.02$2.96$1.07$0.77$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$0.02$2.74$0.50$0.90$0.40
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.02$2.99$0.30$1.06$0.76
2016Detailed filing. Detailed filing data is available for this year.$3.66$0.11$3.55$0.33$0.94$0.61
2015Detailed filing. Detailed filing data is available for this year.$4.29$0.05$4.23$1.62$0.79$0.83
2014Detailed filing. Detailed filing data is available for this year.$3.43$0.03$3.40$1.52$0.70$0.82
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.48$0.04$2.44$0.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.03$1.15$0.73
2011Summary only. Only limited summary data is available for this year.$1.51$0.02$1.50$1.06$0.61$0.45