Vertical First Foundation FY2024 filing

Tax-deductible

Rochester Hls, MI501(c)(3)Since 2015ReligionEIN 47-5368148Revenue $185K in FY2024

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.
86¢ of each $1 spent went to programs.
$118K 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

FY2024 · 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
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$118K
to officers and key staff · 58% of spending
Concern: pay to officers and key staff is 58% of spending; over 30%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 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
$1K
3% of total assets
Looks good: liabilities are 3% 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
$185K
+8% vs prior year
Spent
$203K
To programs
86%
Net assets
$30K
By yearFY2020–FY2025
Revenue
$185K
FY2024▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$141K
FY2021$183K
FY2022$295K
FY2023$171K
FY2024$185K
FY2025$222K
Expenses
$203K
FY2024▲ +11%
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
$30K
FY2024▼ -38%
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 FY2024 Form 990 · see the original

Give 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 Dec 2015.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $174K Management & general 14% · $29K

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. Claim this org to fix it.

Who runs it and what they're paid

4 people listed on the 990; $118K paid to officers and key staff.

Part VII, Section A · reportable compensation
$118,000Pt 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. Claim this org 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 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 · $174K · in their own filed words · FY2024
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.

$174Kprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$185K
Ln 12
Gifts and grantsLn 1h$185K
Money outPt IX
$203K
Ln 25
Programscol B$174K
Managementcol C$29K
Owns and owesPt X
$30K
net assets · Ln 32
Cash and savingsLn 1–2$31K
Total assetsLn 16$31K
LiabilitiesLn 26$1K
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$185K
Total revenueLn 12$185K
Assets in detailPt X, end of year
CashLn 1$31K
Cash and savings togetherLn 1–2$31K
Total assetsLn 16$31K
LiabilitiesLn 26$1K
Net assetsLn 32$30K
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 FY24End FY24
Cash and savingsLn 1–2$50K$31K
Total assetsLn 16$50K$31K
LiabilitiesLn 26$2K$1K
Net assetsLn 32$48K$30K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$118K$118K
Other salaries and wagesLn 7$8K$8K
Payroll taxesLn 10$612$612
Legal feesLn 11b$1K$1K
Other fees for servicesLn 11g$741$741
Office expensesLn 13$21K$5K$16K
Information technologyLn 14$2K$2K
TravelLn 17$33K$33K
Conferences, conventions and meetingsLn 19$10K$10K
Other expenses (24a–d)Ln 24$9K$8K$1K
Total functional expensesLn 25$203K$174K$29K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $222K$207K$15K$45K 990 PDF
FY2024 Viewing $185K$203K−$18K$30K 990 PDF
FY2023 $171K$182K−$11K$48K 990 PDF
FY2022 $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 FY2024 990 (6 parts)
Part I · Summary $185,078 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $155,797$185,078
I-9 Program service revenuePrior year $15,681$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $171,478$185,078
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $111,459$126,612
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $71,000$76,742
I-18 Total expensesPrior year $182,459$203,354
I-19 Revenue less expensesPrior year −$10,981−$18,276
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 $185,078 across 3 lines filed
VIII-1f All other contributions, gifts and grants$185,078
VIII-1h Total contributions, gifts and grants$185,078
VIII-12 Total revenue$185,078
Part IX · Statement of functional expenses $203,354 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $118,000$118,000
IX-7 Other salaries and wagesManagement $8,000$8,000
IX-10 Payroll taxesManagement $612$612
IX-11b Legal feesManagement $1,105$1,105
IX-11g Other fees for servicesManagement $741$741
IX-13 Office expensesPrograms $5,183 · Management $16,046$21,229
IX-14 Information technologyManagement $1,627$1,627
IX-17 TravelPrograms $32,914$32,914
IX-19 Conferences, conventions and meetingsPrograms $9,700$9,700
IX-24 Other expenses (24a–d)Programs $8,311 · Management $1,115$9,426
IX-25 Total functional expensesPrograms $174,108 · Management $29,246 · Fundraising $0$203,354
Part X · Balance sheet $30,890 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $50,416$30,890
X-16 Total assetsStart of year $50,416$30,890
X-17 Accounts payable and accrued expensesStart of year $2,274$1,024
X-26 Total liabilitiesStart of year $2,274$1,024
X-27 Net assets without donor restrictionsStart of year $48,142$29,866
X-32 Total net assets or fund balancesStart of year $48,142$29,866
X-33 Total liabilities and net assetsStart of year $50,416$30,890
Part XI · Reconciliation of net assets $29,866 net assets at year end
XI-1 Total revenue$185,078
XI-2 Total expenses$203,354
XI-3 Revenue less expenses−$18,276
XI-4 Net assets at start of year$48,142
XI-10 Net assets at end of year$29,866

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.

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.