Vda INC FY2024 filing

Not tax-deductible

Viroqua, WI501(c)(6)EIN 39-1830703Revenue −$73K in FY2024

On file with the IRS124 W Decker St, 54665-1509 · Viroqua, WITax-exempt since May 1997

Tell your story. Claim this org

To promote business opportunity and development within the community.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average deficit $26K a year · 188% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 5.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
−$73K
Spent
$75K
To programs
100%
Net assets
$36K
By yearFY2024–FY2025
Revenue
−$73K
FY2024
Tap a bar for its year
Revenue by fiscal year
FY2024−$73K
FY2025$101K
Expenses
$75K
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2024$75K
FY2025$3K
Net assets
$36K
FY2024
Tap a bar for its year
Net assets by fiscal year
FY2024$36K
FY2025$133K

From the FY2024 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1997.

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% · $75K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
Past President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Past Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Vda INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

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

Fosters business growth and opportunity for the community.

Questions for Vda INC

Tap to ask. Vda INC sees how many people are interested.

Your first name shows with your question. Vda INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $75K · in their own filed words · FY2024
01

Contribution to the city of viroqua for community development.

$75Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
−$73K
Ln 12
Gifts and grantsLn 1h$5K
Investment incomeLn 3$139
Money outPt IX
$75K
Ln 25
Programscol B$75K
Owns and owesPt X
$36K
net assets · Ln 32
Cash and savingsLn 1–2$36K
Total assetsLn 16$36K
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5K
Government grantsLn 1e$5K
Investment incomeLn 3$139
Gains on assetsLn 7−$82K
Total revenueLn 12−$73K
Assets in detailPt X, end of year
CashLn 1$36K
Cash and savings togetherLn 1–2$36K
Total assetsLn 16$36K
LiabilitiesLn 26$0
Net assetsLn 32$36K
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
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 FY24End FY24
Cash and savingsLn 1–2$54K$36K
Total assetsLn 16$704K$36K
LiabilitiesLn 26$520K$0
Net assetsLn 32$184K$36K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$390$390
InterestLn 20$28K$28K
InsuranceLn 23$900$900
Other expenses (24a–d)Ln 24$46K$46K
Total functional expensesLn 25$75K$75K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $101K$3K$97K$133K 990 PDF
FY2024 Viewing −$73K$75K−$149K$36K 990 PDF

More to add? 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 FY2024 990 (6 parts)
Part I · Summary −$73,447 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$4,800
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0−$82,250
I-11 Other revenuePrior year $0$4,003
I-12 Total revenuePrior year $0−$73,447
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $0$75,306
I-18 Total expensesPrior year $0$75,306
I-19 Revenue less expensesPrior year $0−$148,753
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 −$73,447 across 7 lines filed
VIII-1e Government grants$4,800
VIII-1h Total contributions, gifts and grants$4,800
VIII-3 Investment incomeExcluded from tax $139$139
VIII-6 Net rental income or lossExcluded from tax $3,570$3,570
VIII-7 Net gain or loss on sales of assetsRelated to mission −$82,389−$82,389
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $433$433
VIII-12 Total revenueRelated to mission −$81,956 · Unrelated business $0 · Excluded from tax $3,709−$73,447
Part IX · Statement of functional expenses $75,306 across 4 lines filed
IX-11c Accounting feesPrograms $390$390
IX-20 InterestPrograms $28,203$28,203
IX-23 InsurancePrograms $900$900
IX-24 Other expenses (24a–d)Programs $45,813$45,813
IX-25 Total functional expensesPrograms $75,306 · Management $0 · Fundraising $0$75,306
Part X · Balance sheet $35,527 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $54,280$35,527
X-16 Total assetsStart of year $704,280$35,527
X-26 Total liabilitiesStart of year $520,000$0
X-27 Net assets without donor restrictionsStart of year $184,280$35,527
X-32 Total net assets or fund balancesStart of year $184,280$35,527
X-33 Total liabilities and net assetsStart of year $704,280$35,527
Part XI · Reconciliation of net assets $35,527 net assets at year end
XI-1 Total revenue−$73,447
XI-2 Total expenses$75,306
XI-3 Revenue less expenses−$148,753
XI-4 Net assets at start of year$184,280
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$35,527

Form 990 e-file (XML) FY2024 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.

Your org? Add context

Made it to the end? Claim this org

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.