Vidanet INC FY2022 filing

Tax-deductible

Lititz, PA501(c)(3)Since 2009ReligionEIN 90-0439113Revenue $480K in FY2022

On file with the IRSvidanet.org849 Disston View Dr, 17543-9105 · Lititz, PATax-exempt since Jan 2010Publicly supported charity — 170(b)(1)(A)(vi)

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VidaNet, Inc. exists to expand the kingdom of God and fulfill the great commission by discipling the global church through missions and facilitating missions for the global church to make disciples. Dedicated volunteer staff carry out the activity in a base in the mountains of San Rafael Heredia by providing an in-country base and transportation.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $34K a year · 8% of revenue · last 5 filings
Worth a look: a surplus in 2 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
Cash reserves
7 mo
of spending, in cash
Looks good: 7.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $6K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$480K
+48% vs prior year
Spent
$373K
To programs
89%
Net assets
$713K
By yearFY2020–FY2024
Revenue
$480K
FY2022▲ +48%
Tap a bar for its year
Revenue by fiscal year
FY2020$342K
FY2021$325K
FY2022$480K
FY2023$396K
FY2024$475K
FY2024$425K
Expenses
$373K
FY2022▲ +58%
Tap a bar for its year
Expenses by fiscal year
FY2020$344K
FY2021$236K
FY2022$373K
FY2023$418K
FY2024$479K
FY2024$306K
Net assets
$713K
FY2022▲ +18%
Tap a bar for its year
Net assets by fiscal year
FY2020$517K
FY2021$606K
FY2022$713K
FY2023$229K
FY2024$209K
FY2024$191K

From the FY2022 Form 990 (year ending September 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2010.

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% · $331K Management & general 11% · $42K

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

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Chairman
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See Vidanet 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

Disciples global churches through missions, providing an in-country base and transportation.

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Provided by the organization

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3 programs · $285K · in their own filed words · FY2021
01

Vida Missions

Vida missions provides short term intensive mission trip experiences that bring participants closer to the father, take them out of their comfort zone, and help them gain a new worldview. VM provides and facilitates missions and discipleship opportunities for short term cross- cultural mission teams.

$222Kprogram expense
02

Vida220

VIDA220 seeks to expand the kingdom of god and fulfill the great commission by training, facilitating, and sending the church to where god has called them. VIDA220 serves as a longer term program of vidanet. This program and its ministries are designed for those who are looking to serve for 3 months to 3 years.

$53Kprogram expense
03

Davida

Davida seeks to give life through discipleship and missions by supporting, facilitating, and networking with others to meet individual and corporate physical, emotional, and spiritual needs with integrity. Davida works as the charitable arm of vidanet.

$10Kprogram 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 2 funders$6K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$480K
Ln 12
Fees for servicesLn 2g$245K
Gifts and grantsLn 1h$229K
Other incomeLn 4–11$6K
Money outPt IX
$373K
Ln 25
Programscol B$331K
Managementcol C$42K
Owns and owesPt X
$713K
net assets · Ln 32
Cash and savingsLn 1–2$220K
Total assetsLn 16$713K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$229K
Fees for servicesLn 2g$245K
Other incomeLn 4–11$6K
Gains on assetsLn 7−$4K
Total revenueLn 12$480K
Assets in detailPt X, end of year
CashLn 1$37K
SavingsLn 2$183K
Cash and savings togetherLn 1–2$220K
Land, buildings, equipmentLn 10c$493K
Total assetsLn 16$713K
LiabilitiesLn 26$0
Net assetsLn 32$713K
OperationsPt I, VI
EmployeesI 50
VolunteersI 640
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
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$158K$220K
Land, buildings, equipmentLn 10c$493K$493K
Total assetsLn 16$653K$713K
LiabilitiesLn 26$48K$0
Net assetsLn 32$606K$713K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$14K$14K
Other employee benefitsLn 9$26K$26K
Legal feesLn 11b$5K$5K
Accounting feesLn 11c$24K$24K
Advertising and promotionLn 12$3K$3K
OccupancyLn 16$43K$43K
TravelLn 17$41K$41K
InterestLn 20$542$542
Depreciation, depletion and amortizationLn 22$25K$25K
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$148K$148K
All other expensesLn 24e$36K$23K$13K
Total functional expensesLn 25$373K$331K$42K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $475K$479K−$4K$209K 990 PDF
FY2023 $396K$418K−$22K$229K 990 PDF
FY2022 Viewing $480K$373K$108K$713K 990 PDF
FY2021 $325K$236K$89K$606K 990 PDF
FY2020 $342K$344K−$2K$517K 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 FY2022 990 (6 parts)
Part I · Summary $480,233 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $208,763$229,241
I-9 Program service revenuePrior year $109,929$245,050
I-10 Investment income−$4,172
I-11 Other revenuePrior year $6,419$10,114
I-12 Total revenuePrior year $325,111$480,233
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $35,927$40,664
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $200,458$331,877
I-18 Total expensesPrior year $236,385$372,541
I-19 Revenue less expensesPrior year $88,726$107,692
Part VI · Governance 5 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
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
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $480,233 across 6 lines filed
VIII-1f All other contributions, gifts and grants$229,241
VIII-1h Total contributions, gifts and grants$229,241
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $245,050$245,050
VIII-7 Net gain or loss on sales of assetsRelated to mission −$4,172−$4,172
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $10,114$10,114
VIII-12 Total revenueRelated to mission $250,992$480,233
Part IX · Statement of functional expenses $372,541 across 12 lines filed
IX-7 Other salaries and wagesPrograms $14,324$14,324
IX-9 Other employee benefitsPrograms $26,340$26,340
IX-11b Legal feesManagement $4,783$4,783
IX-11c Accounting feesManagement $23,780$23,780
IX-12 Advertising and promotionPrograms $2,684$2,684
IX-16 OccupancyPrograms $43,459$43,459
IX-17 TravelPrograms $40,650$40,650
IX-20 InterestPrograms $542$542
IX-22 Depreciation, depletion and amortizationPrograms $25,223$25,223
IX-23 InsurancePrograms $6,552$6,552
IX-24 Other expenses (24a–d)Programs $147,805$147,805
IX-24e All other expensesPrograms $23,243 · Management $13,156$36,399
IX-25 Total functional expensesPrograms $330,822 · Management $41,719 · Fundraising $0$372,541
Part X · Balance sheet $713,204 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $72,789$36,744
X-2 Savings and temporary cash investmentsStart of year $85,015$183,105
X-10c Land, buildings and equipment, netStart of year $492,502$493,355
X-16 Total assetsStart of year $653,272$713,204
X-26 Total liabilitiesStart of year $47,760$0
X-27 Net assets without donor restrictionsStart of year $571,933$630,926
X-28 Net assets with donor restrictionsStart of year $33,579$82,278
X-32 Total net assets or fund balancesStart of year $605,512$713,204
X-33 Total liabilities and net assetsStart of year $653,272$713,204
Part XI · Reconciliation of net assets $713,204 net assets at year end
XI-1 Total revenue$480,233
XI-2 Total expenses$372,541
XI-3 Revenue less expenses$107,692
XI-4 Net assets at start of year$605,512
XI-10 Net assets at end of year$713,204

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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