Vertical First Foundation FY2022 filing

Tax-deductible

Rochester Hls, MI501(c)(3)Since 2015ReligionEIN 47-5368148Revenue $295K in FY2022

On file with the IRSdaveandannwilson.com3313 Salem CT, 48306-3054 · Rochester Hls, MITax-exempt since Dec 2015Publicly supported charity — 170(b)(1)(A)(vi)

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

Proclaiming the good news of salvation through faith in jesus christ to men and women through programs in churches, conferences, on the radio, and through writing. Leading men and women to christ; building and training them in their walk with christ; and sending them to the world to win and build others.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$230K 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

FY2022 · 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
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 5
filings with a surplus
Average deficit $12K a year · 6% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$230K
to officers and key staff · 71% of spending
Concern: pay to officers and key staff is 71% of spending; over 30%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $32K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$5K
8% of total assets
Looks good: liabilities are 8% 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
$295K
+61% vs prior year
Spent
$324K
To programs
89%
Net assets
$59K
By yearFY2020–FY2025
Revenue
$295K
FY2022▲ +61%
Tap a bar for its year
Revenue by fiscal year
FY2020$141K
FY2021$183K
FY2022$295K
FY2023$171K
FY2024$185K
FY2025$222K
Expenses
$324K
FY2022▲ +107%
Tap a bar for its year
Expenses by fiscal year
FY2020$156K
FY2021Not on file
FY2022$324K
FY2023$182K
FY2024$203K
FY2025$207K
Net assets
$59K
FY2022▼ -33%
Tap a bar for its year
Net assets by fiscal year
FY2020$82K
FY2021$89K
FY2022$59K
FY2023$48K
FY2024$30K
FY2025$45K

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 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 Dec 2015.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $289K Management & general 11% · $35K

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

4 people listed on the 990; $230K paid to officers and key staff.

Part VII, Section A · reportable compensation
$229,715Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

David S Wilson’s $88K as President is at the 83rd percentile of top reported officer pay among 2133 $100K–1M religion 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
David S Wilson$88,000$118,000$105,000$229,715$51,000$58,000

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 Vertical First 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 15aYes

Programs and updates

Sharing salvation through Jesus Christ via churches, radio, and writing, training believers to reach others.

Questions for Vertical First Foundation

Tap to ask. Vertical First Foundation sees how many people are interested.

Your first name shows with your question. Vertical First Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $289K · in their own filed words · FY2022
01

Spoke at conferences locally and nationally on leading a christian life. Co-hosted the nationally syndicated 'family life radio' program to speak on christian marriage and living.

$289Kprogram 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 3 funders$32K
See all 3 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$295K
Ln 12
Gifts and grantsLn 1h$295K
Money outPt IX
$324K
Ln 25
Programscol B$289K
Managementcol C$35K
Owns and owesPt X
$59K
net assets · Ln 32
Cash and savingsLn 1–2$64K
Total assetsLn 16$64K
LiabilitiesLn 26$5K
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$295K
Total revenueLn 12$295K
Assets in detailPt X, end of year
CashLn 1$64K
Cash and savings togetherLn 1–2$64K
Total assetsLn 16$64K
LiabilitiesLn 26$5K
Net assetsLn 32$59K
OperationsPt I, VI
EmployeesI 52
VolunteersI 6100
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 FY22End FY22
Cash and savingsLn 1–2$91K$64K
Total assetsLn 16$91K$64K
LiabilitiesLn 26$3K$5K
Net assetsLn 32$89K$59K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$230K$230K
Other salaries and wagesLn 7$6K$6K
Payroll taxesLn 10$459$459
Legal feesLn 11b$769$769
Accounting feesLn 11c$730$730
Other fees for servicesLn 11g$11K$10K$653
Office expensesLn 13$23K$6K$18K
Information technologyLn 14$3K$3K
OccupancyLn 16$5K$5K
TravelLn 17$33K$33K
Conferences, conventions and meetingsLn 19$5K$5K
InsuranceLn 23$886$886
Other expenses (24a–d)Ln 24$7K$6K$982
Total functional expensesLn 25$324K$289K$35K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $222K$207K$15K$45K 990 PDF
FY2024 $185K$203K−$18K$30K 990 PDF
FY2023 $171K$182K−$11K$48K 990 PDF
FY2022 Viewing $295K$324K−$30K$59K 990 PDF
FY2021 $183K$89K 990 PDF
FY2020 $141K$156K−$15K$82K 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 FY2022 990 (6 parts)
Part I · Summary $294,713 revenue, 12 lines filed
I-8 Contributions and grants$294,713
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$294,713
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$236,174
I-16a Professional fundraising fees$0
I-17 Other expenses$88,043
I-18 Total expenses$324,217
I-19 Revenue less expenses−$29,504
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-2 Family or business relationship among officers or directorsYes
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 payYes
Part VIII · Statement of revenue $294,713 across 3 lines filed
VIII-1f All other contributions, gifts and grants$294,713
VIII-1h Total contributions, gifts and grants$294,713
VIII-12 Total revenue$294,713
Part IX · Statement of functional expenses $324,217 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $229,715$229,715
IX-7 Other salaries and wagesManagement $6,000$6,000
IX-10 Payroll taxesManagement $459$459
IX-11b Legal feesManagement $769$769
IX-11c Accounting feesManagement $730$730
IX-11g Other fees for servicesPrograms $9,963 · Management $653$10,616
IX-13 Office expensesPrograms $5,639 · Management $17,532$23,171
IX-14 Information technologyManagement $2,655$2,655
IX-16 OccupancyManagement $4,600$4,600
IX-17 TravelPrograms $32,626$32,626
IX-19 Conferences, conventions and meetingsPrograms $4,771$4,771
IX-23 InsuranceManagement $886$886
IX-24 Other expenses (24a–d)Programs $6,237 · Management $982$7,219
IX-25 Total functional expensesPrograms $288,951 · Management $35,266 · Fundraising $0$324,217
Part X · Balance sheet $64,124 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $91,257$64,124
X-16 Total assetsStart of year $91,257$64,124
X-17 Accounts payable and accrued expensesStart of year $2,630$5,001
X-26 Total liabilitiesStart of year $2,630$5,001
X-27 Net assets without donor restrictionsStart of year $88,627$59,123
X-32 Total net assets or fund balancesStart of year $88,627$59,123
X-33 Total liabilities and net assetsStart of year $91,257$64,124
Part XI · Reconciliation of net assets $59,123 net assets at year end
XI-1 Total revenue$294,713
XI-2 Total expenses$324,217
XI-3 Revenue less expenses−$29,504
XI-4 Net assets at start of year$88,627
XI-10 Net assets at end of year$59,123

Form 990 e-file (XML) FY2022 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

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.