V3gate Foundation EIN 86-1698508

V3gate Foundation

EIN  86-1698508 Public charity (501(c)(3)) Colorado Spgs, CO
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Supports the US military community and other charitable organizations.
Leadership
Thadeus Rzonca · Board Chair
Money in and out
$181K revenue, $164K expenses
Bottom line
60% program efficiency

Supports the US military community and other charitable organizations. For fiscal year 2024 it reported $181K in revenue, $164K in expenses, and $74K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$181K
Pt VIII · Ln 12
Total expenses
$164K
Pt IX · Ln 25
Net assets
$74K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $17K
Where spending went · Part IX cols B–D
Program services $0.60 Management & general $0.02 Fundraising $0.38
Program efficiency
60%
of spending reaches programs▼ -35% vs prior filing year
Operating runway
4.0mo
months of highly liquid reserves at operating expense rate▼ -20% vs prior filing year
Surplus margin
+9%
revenue over expenses, this year▲ ×11 vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$181K
FY2024▲ +4%
Expenses
$164K
FY2024▼ -5%
Total assets
$110K
FY2024▲ +33%
Total liabilities
$37K
FY2024▲ +41%
Total revenue
$181K
Pt VIII · Ln 12
Total expenses
$164K
Pt IX · Ln 25
Net assets
$74K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$17K
Total assetsPt X · Ln 16$110K
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $98K of program spending, described in the organization's own filed words · FY2024.
01

During the year, v3 gate foundation raised funds by sponsoring events to donate to other charitable organizations that support our us military community and their families. Significant grants were given to the following organizations including: operation first response, comeback yoga, and guardian revival.

$98Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CV3gate Foundation
EINHdr · item D86-1698508
Principal addressHdr · item CColorado Spgs, CO
WebsiteHdr · item Jwww.v3gate.com/foundation
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMental Health (F30)
Ruling yearIRS BMFSep 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See V3gate Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$112K · 62%
Other revenue$69K · 38%
Contributions & grants62%$112K
Other revenue38%$69K
Total revenueLn 12$181K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.02 Fundraising $0.38
Program services60%$98K
Management & general2%$3K
Fundraising38%$63K
Total functional expensesLn 25$164K

Balance Sheet

Part X · end of year
CashLn 1$55K
Total assetsLn 16$110K
Total liabilitiesLn 26$37K
Total net assetsLn 32$74K
Months of cash on handcomputed4.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $55K · Operating expenses/yr $164K
4.0 months
Where the money goes
Program services
Program services $98K · Total expenses $164K
60%
Management & General
Management & general $3K · Total expenses $164K
2%
Fundraising
Fundraising $63K · Total expenses $164K
38%
Cost to raise $1
Fundraising expense (3-yr avg) $25K · Solicited contributions (3-yr avg) $110K
$0.23 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $112K · Total revenue $181K
62%
Government reliance
Government grants — · Total revenue $181K
Earned-income share
Program service revenue $0 · Total revenue $181K
0%
Investment reliance
Investment income $0 · Total revenue $181K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $164K
0%
Growth & trend
Revenue growth (YoY)
This year $181K · Prior year $174K
+4%
Net-asset trend (YoY)
End of year $74K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $181K · Expenses $164K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $110K
Net-asset ratio
Net assets $74K · Total assets $110K
67%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $110K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Thadeus Rzonca · Reported title BOARD CHAIR · Highest reported compensation $0 · Total expenses $164K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $164K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 60%
Overhead ratio 2%
Fundraising cost ratio 56%
Revenue growth 4%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 16 grants · $369K · 2021–2024
Operation First Response INCVA · FY2024$30,000
Comeback YogaCO · FY2024$20,000
Guardian Revival INCNY · FY2024$15,000
Operator Relief Fund INCVA · FY2024$8,000
Operation First Response INCVA · FY2023$30,000
Songwriting with SoldiersTN · FY2023$28,028
Vail Veterans Foundation INCCO · FY2023$15,000
The Lilabean Foundation INCMD · FY2021$10,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$181K revenue · viewing · ⤓ 990 PDF
FY2023$174K revenue · ⤓ 990 PDF
FY2022$104K revenue · ⤓ 990 PDF
FY2021$168K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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