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Vc Platform Global Community INC

Not tax-deductible

New York, NY501(c)(6)Community DevelopmentEIN 85-3643067Revenue $1.3M in FY2025

On file with the IRSvcplatform.com201 Allen Street Unit 10050, 10002-1429 · New York, NYTax-exempt since Jul 2022

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Vc Platform Global Community, INC. Is organized for the purpose of improving business conditions for its membership and for the venture capital industry. The organization focuses on promoting the improvement of business conditions in the industry by developing a number of activities that will enable its members to be better at their jobs, to connect more easily with thier peers, and to advance their careers.

Run by 11 volunteers.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2025 · 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
2 of 3
filings with a surplus
Average surplus $75K a year · 7% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$150K
39% of total assets
Looks good: liabilities are 39% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.3M
+13% vs prior year
Spent
$1.2M
To programs
0%
Net assets
$239K
By yearFY2023–FY2025
Revenue
$1.3M
FY2025▲ +13%
Tap a bar for its year
Revenue by fiscal year
FY2023$901K
FY2024$1.1M
FY2025$1.3M
Expenses
$1.2M
FY2025▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2023$932K
FY2024$970K
FY2025$1.2M
Net assets
$239K
FY2025▲ +91%
Tap a bar for its year
Net assets by fiscal year
FY2023−$20K
FY2024$125K
FY2025$239K

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2022.

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

Who runs it and what they're paid

15 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Annie Shapiro
Vice President
$0Pt VII · Sec A
Cory Bolotsky
Treasurer and Secretary Ending 1/16/25
$0Pt VII · Sec A
Brianna Rizzo
President as of 1/16/25
$0Pt VII · Sec A
Casey Taylor
Director Ending 1/16/25
$0Pt VII · Sec A
Cliff Worley
Director
$0Pt VII · Sec A
Dale Chang
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Cory Bolotsky’s $125K as Treasurer is at the 33rd percentile of top reported officer pay among 2833 $1–10M community development 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.

See Vc Platform Global Community INC executive salaries →

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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

Connects venture capital professionals, improves industry conditions, and advances careers.

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Provided by the organization

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3 programs · $719K · in their own filed words · FY2024
01

2025 VC platform global summit - the 2024 VC platform global summit included 540+ venture capital operators and community members in miami for two and a half days of peer networking. The summit offered programming and relationship building opportunities for members and sponsors.

$593Kprogram expense
02

2024 VC platform european summit - the 2024 VC platform european summit included 150+ venture capital operators working at european funds or actively investing in european technology companies for two days of peer networking in paris.

$65Kprogram expense
03

Vc Platform Regional Event Series

With a global network of members, we continued running regional meetups for our members to connect with other local members for breakfasts, dinners, and happy hours.

$61Kprogram expense

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.3M
Ln 12
Gifts and grantsLn 1h$975K
Fees for servicesLn 2g$289K
Money outPt IX
$1.2M
Ln 25
Owns and owesPt X
$239K
net assets · Ln 32
Cash and savingsLn 1–2$296K
Total assetsLn 16$388K
LiabilitiesLn 26$150K
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$975K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$289K
Total revenueLn 12$1.3M
Assets in detailPt X, end of year
CashLn 1$296K
Cash and savings togetherLn 1–2$296K
Total assetsLn 16$388K
LiabilitiesLn 26$150K
Net assetsLn 32$239K
OperationsPt I, VI
EmployeesI 50
VolunteersI 611
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$232K$296K
Total assetsLn 16$248K$388K
LiabilitiesLn 26$123K$150K
Net assetsLn 32$125K$239K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$279K
Legal feesLn 11b$13K
Accounting feesLn 11c$18K
Other fees for servicesLn 11g$180K
Advertising and promotionLn 12$16K
Office expensesLn 13$24K
TravelLn 17$36K
Conferences, conventions and meetingsLn 19$539K
InsuranceLn 23$7K
Other expenses (24a–d)Ln 24$37K
Total functional expensesLn 25$1.2M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.3M$1.2M$113K$239K 990 PDF
FY2024 $1.1M$970K$144K$125K 990 PDF
FY2023 $901K$932K−$30K−$20K 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
See the full FY2025 990 (6 parts)
Part I · Summary $1,263,298 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $856,400$974,609
I-9 Program service revenuePrior year $256,661$288,689
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,113,061$1,263,298
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 $969,510$1,150,008
I-18 Total expensesPrior year $969,510$1,150,008
I-19 Revenue less expensesPrior year $143,551$113,290
Part VI · Governance 15 of 15 board members independent, 3 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
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
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $1,263,298 across 10 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$974,609
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$974,609
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $288,689 · Unrelated business $0 · Excluded from tax $0$288,689
VIII-12 Total revenueRelated to mission $288,689 · Unrelated business $0 · Excluded from tax $0$1,263,298
Part IX · Statement of functional expenses $1,150,008 across 10 lines filed
IX-11a Management fees$278,895
IX-11b Legal fees$13,376
IX-11c Accounting fees$17,960
IX-11g Other fees for services$179,868
IX-12 Advertising and promotion$16,182
IX-13 Office expenses$24,211
IX-17 Travel$35,677
IX-19 Conferences, conventions and meetings$539,317
IX-23 Insurance$7,329
IX-24 Other expenses (24a–d)$37,193
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$1,150,008
Part X · Balance sheet $388,267 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $231,737$296,168
X-4 Accounts receivableStart of year $14,251$86,625
X-9 Prepaid expenses and deferred chargesStart of year $1,839$5,474
X-16 Total assetsStart of year $247,827$388,267
X-17 Accounts payable and accrued expensesStart of year $10,050$7,391
X-19 Deferred revenueStart of year $112,500$142,196
X-26 Total liabilitiesStart of year $122,550$149,587
X-32 Total net assets or fund balancesStart of year $125,277$238,680
X-33 Total liabilities and net assetsStart of year $247,827$388,267
Part XI · Reconciliation of net assets $238,680 net assets at year end
XI-1 Total revenue$1,263,298
XI-2 Total expenses$1,150,008
XI-3 Revenue less expenses$113,290
XI-4 Net assets at start of year$125,277
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$113
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$238,680

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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