Robert Vasen Foundation FY2021 filing

Tax-deductible

Beaux Arts, WA501(c)(3)Youth DevelopmentEIN 20-8656415

This page gets seen. Tell your story. Claim this org.

Youth development

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $46K a year · 71% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
629 mo
of spending, in cash
Looks good: 628.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$113K
+151% vs prior year
Spent
$20K
To programs
90%
Net assets
$1.0M
By yearFY2020–FY2024
Revenue
$113K
FY2021▲ +151%
Revenue by fiscal year
FY2020$45K
FY2021$113K
FY2022$58K
FY2023$40K
FY2024$48K
Expenses
$20K
FY2021▼ -63%
Expenses by fiscal year
FY2020$52K
FY2021$20K
FY2022$1K
FY2023$249
FY2024Not on file
Net assets
$1.0M
FY2021▲ +10%
Net assets by fiscal year
FY2020$931K
FY2021$1.0M
FY2022$1.1M
FY2023$1.1M
FY2024$162K

From the FY2021 Form 990 · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2007.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $18K Management & general 10% · $2K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Robert Vasen Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Robert Vasen Foundation is a youth development nonprofit based in Beaux Arts, WA.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $18K · in their own filed words · FY2021
01

"be great graduate" program to help at-risk youth to graduate from high school. Partnership with bellevue boys & girls club.

$18Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$15K
Grants paid · 3 grants · $69K · 2020–2021
Youth Eastside ServicesWA · FY2020$11,248

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$113K
Ln 12
Gifts and grantsLn 1h$113K
Money outPt IX
$20K
Ln 25
Programscol B$18K
Managementcol C$2K
Owns and owesPt X
$1.0M
net assets · Ln 32
Cash and savingsLn 1–2$1.0M
Total assetsLn 16$1.0M
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$113K
Total revenueLn 12$113K
Assets in detailPt X, end of year
CashLn 1$1.0M
Cash and savings togetherLn 1–2$1.0M
Total assetsLn 16$1.0M
LiabilitiesLn 26$0
Net assetsLn 32$1.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
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$931K$1.0M
Total assetsLn 16$931K$1.0M
LiabilitiesLn 26$0$0
Net assetsLn 32$931K$1.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$18K$18K
Accounting feesLn 11c$2K$2K
Information technologyLn 14$158$158
Other expenses (24a–d)Ln 24$229$229
Total functional expensesLn 25$20K$18K$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $48K$162K 990 PDF
FY2023 $40K$249$40K$1.1M 990 PDF
FY2022 $58K$1K$57K$1.1M 990 PDF
FY2021 Viewing $113K$20K$94K$1.0M 990 PDF
FY2020 $45K$52K−$7K$931K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $113,134 across 3 lines filed
VIII-1f All other contributions, gifts and grants$113,134
VIII-1h Total contributions, gifts and grants$113,134
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$113,134
Part IX · Statement of functional expenses $19,546 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $17,500$17,500
IX-11c Accounting feesManagement $1,659$1,659
IX-14 Information technologyManagement $158$158
IX-24 Other expenses (24a–d)Management $229$229
IX-25 Total functional expensesPrograms $17,500 · Management $2,046 · Fundraising $0$19,546
Part X · Balance sheet $1,024,397 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $930,809$1,024,397
X-16 Total assetsStart of year $930,809$1,024,397
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $930,809$1,024,397
X-32 Total net assets or fund balancesStart of year $930,809$1,024,397
X-33 Total liabilities and net assetsStart of year $930,809$1,024,397
Part XI · Reconciliation of net assets $1,024,397 net assets at year end
XI-1 Total revenue$113,134
XI-2 Total expenses$19,546
XI-3 Revenue less expenses$93,588
XI-4 Net assets at start of year$930,809
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,024,397

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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.