V & S Foundation INC FY2024 filing

Tax-deductible

Dewey Beach, DE501(c)(3)Foundations & GrantmakersEIN 80-0160777Revenue $73K in FY2024

On file with the IRS121 Cullen St, 19971-3419 · Dewey Beach, DETax-exempt since Sep 2008Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
$74K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2024 · Form 990-PFIndependent: 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-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $259K a year · 258% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$74K
to officers and key staff · 72% of spending
Concern: pay to officers and key staff is 72% of spending; over 30%.
990-PF Pt VIII
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
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.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$73K
+776% vs prior year
Spent
$102K
Net assets
$119K
By yearFY2020–FY2025
Revenue
$73K
FY2024▲ +776%
Tap a bar for its year
Revenue by fiscal year
FY2020$97K
FY2021$203K
FY2022$231K
FY2023−$11K
FY2024$73K
FY2025$8K
Expenses
$102K
FY2024▼ -69%
Tap a bar for its year
Expenses by fiscal year
FY2020$723K
FY2021$511K
FY2022$455K
FY2023$335K
FY2024$102K
FY2025$26K
Net assets
$119K
FY2024▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.2M
FY2021$985K
FY2022$465K
FY2023$104K
FY2024$119K
FY2025$106K

From the FY2024 Form 990 (year ending June 2024) · 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 Sep 2008.

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

Where the money goes

What each dollar paid for.

Grants & contributions paid 23% · $24K Operating & administrative 77% · $78K

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

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Who runs it and what they're paid

2 people listed on the 990-PF; $74K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$42,500Pt VII · Sec A
$31,500Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023
Stephanie R Saturni$10,500$31,500$51,598
Amanda C Viragh$6,500$42,500$30,000

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.

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Programs and updates

A private foundation based in Dewey Beach, DE.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 3 grants · $5K · 2024–2024
Washington Jesuit AcademyFY2024$5,088
Individual RecipientFY2024$300
Second Chance Wildlife Center INCFY2024$100

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$2K
Median grantPart XV$300
Largest grantPart XV$5K

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$73K
Gifts and grants$80K
Money out
$102K
Grants paid$24K
Running costs$78K
Owns and owes
$119K
net assets
Cash and savings$6K
Total assets$119K
Liabilities$0
People
2
listed
Paid2
2In more detail
Revenue in detail
Gifts and grants$80K
Total revenue$73K
Assets in detailEnd of year
Cash and savings together$6K
Total assets$119K
Liabilities$0
Net assets$119K
Operations
Fiscal year endsJune

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $8K$26K−$18K$106K 990 PDF
FY2024 Viewing $73K$102K−$30K$119K 990 PDF
FY2023 −$11K$335K−$346K$104K 990 PDF
FY2022 $231K$455K−$223K$465K 990 PDF
FY2021 $203K$511K−$308K$985K 990 PDF
FY2020 $97K$723K−$627K$1.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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