Vital Edge Fund FY2021 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

To provide research, information and education on the global need for philanthropic contribution to provide for the third world poor while gaining an understanding of their culture which will provide for ensuring security of those lives abroad as well as here at home. The organization seeks to accomplish this through exhibitions, documentaries and specific programs and appeals based on a demonstrated and understandable goal, a limited and achievable objective, and a tangible result.see website for specific programs completed, in progress and contemplated.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$25K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2023
latest Form 990
The latest return is for FY2023, 3 tax years back.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $37K a year · 18% of revenue · last 3 filings
A surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
99%
of spending
99% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$25K
to officers and key staff · 10% of spending
Pay to officers and key staff is 10% of spending.
Part VII, Section A
5.2 mo
of spending, in cash
5.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $10K
2 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
4
of 4 voting members
4 of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$195K
-6% vs prior year
Spent
$248K
To programs
99%
Net assets
$107K
By yearFY2019–FY2023
Revenue
$195K
FY2021▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2019$191K
FY2020$207K
FY2021$195K
FY2022$226K
FY2023$120K
Expenses
$248K
FY2021▲ +80%
Tap a bar for its year
Expenses by fiscal year
FY2019Not on file
FY2020$138K
FY2021$248K
FY2022$132K
FY2023Not on file
Net assets
$107K
FY2021▼ -33%
Tap a bar for its year
Net assets by fiscal year
FY2019$91K
FY2020$159K
FY2021$107K
FY2022$201K
FY2023$160K

From the FY2021 Form 990 (year ending September 2021) · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023. IRS ruling in Jul 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $248K Management & general 0% · $200

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990; $25K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Chrn,ex Dir
$25,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Robin Saidman’s $25K as Chairman Executive Director is at the 68th percentile of top reported officer pay among 166 <$100K international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020FY2019
Robin Saidman$25,000$25,000$25,000$25,000$25,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Vital Edge Fund executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates on global philanthropy for the poor, fostering cultural understanding for security at home and abroad.

Questions for Vital Edge Fund

Tap to ask. Vital Edge Fund sees how many people are interested.

Your first name shows with your question. Vital Edge Fund answers here, for everyone.

1 program · $248K · in their own filed words · FY2020
01

In 2012-2021 vital edge continued expanding the micro-savings program (SFC) in mali, senegaland nepal. Using these programs as a platform , additional programs are being introduced annually.

$248Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$10K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$195K
Ln 12
Gifts and grantsLn 1h$195K
Money outPt IX
$248K
Ln 25
Programscol B$248K
Managementcol C$200
Owns and owesPt X
$107K
net assets · Ln 32
Cash and savingsLn 1–2$107K
Total assetsLn 16$107K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$195K
Total revenueLn 12$195K
Assets in detailPt X, end of year
CashLn 1$107K
Cash and savings togetherLn 1–2$107K
Total assetsLn 16$107K
LiabilitiesLn 26$0
Net assetsLn 32$107K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$159K$107K
Total assetsLn 16$159K$107K
LiabilitiesLn 26$0$0
Net assetsLn 32$159K$107K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$25K$25K
TravelLn 17$28K$28K
Other expenses (24a–d)Ln 24$194K$194K$200
Total functional expensesLn 25$248K$248K$200$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 LatestFiled with the IRS Dec 25, 2023 $120K$160K 990 PDF
FY2022Filed with the IRS Feb 13, 2023 $226K$132K$94K$201K 990 PDF
FY2021 ViewingFiled with the IRS Feb 5, 2022 $195K$248K−$53K$107K 990 PDF
FY2020Filed with the IRS Aug 16, 2021 $207K$138K$69K$159K 990 PDF
FY2019Filed with the IRS Aug 16, 2021 $191K$91K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $195,100 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $206,800$195,100
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $206,800$195,100
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$25,000
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $137,875$222,867
I-18 Total expensesPrior year $137,875$247,867
I-19 Revenue less expensesPrior year $68,925−$52,767
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $195,100 across 3 lines filed
VIII-1f All other contributions, gifts and grants$195,100
VIII-1h Total contributions, gifts and grants$195,100
VIII-12 Total revenue$195,100
Part IX · Statement of functional expenses $247,867 across 3 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $25,000$25,000
IX-17 TravelPrograms $28,500$28,500
IX-24 Other expenses (24a–d)Programs $194,167 · Management $200$194,367
IX-25 Total functional expensesPrograms $247,667 · Management $200 · Fundraising $0$247,867
Part X · Balance sheet $106,690 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $159,457$106,690
X-16 Total assetsStart of year $159,457$106,690
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $159,457$106,690
X-32 Total net assets or fund balancesStart of year $159,457$106,690
X-33 Total liabilities and net assetsStart of year $159,457$106,690
Part XI · Reconciliation of net assets $106,690 net assets at year end
XI-1 Total revenue$195,100
XI-2 Total expenses$247,867
XI-3 Revenue less expenses−$52,767
XI-4 Net assets at start of year$159,457
XI-10 Net assets at end of year$106,690

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.