Vidanet INC FY2023 filing

Tax-deductible

Lititz, PA501(c)(3)Since 2009ReligionEIN 90-0439113

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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.
96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 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
$396K
-17% vs prior year
Spent
$418K
To programs
96%
Net assets
$229K
By yearFY2020–FY2024
Revenue
$396K
FY2023▼ -17%
Revenue by fiscal year
FY2020$342K
FY2021$325K
FY2022$480K
FY2023$396K
FY2024$475K
FY2024$425K
Expenses
$418K
FY2023▲ +12%
Expenses by fiscal year
FY2020$344K
FY2021$236K
FY2022$373K
FY2023$418K
FY2024$479K
FY2024$306K
Net assets
$229K
FY2023▼ -68%
Net assets by fiscal year
FY2020$517K
FY2021$606K
FY2022$713K
FY2023$229K
FY2024$209K
FY2024$191K

From the FY2023 Form 990 (year ending September 2023) · see the original

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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

96 cents of each dollar spent went to programs.

Program services 96% · $400K Management & general 4% · $18K

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 (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
Board Chairm
$0Pt VII · Sec A
Board Vice C
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$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.

Provided by the organization

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3 program services account for $387K of program spending, described in the organization's own filed words · FY2022.
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.

$287Kprogram 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.

$58Kprogram 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.

$42Kprogram expense

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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 FY2023 990, line by line.

1The main four
Money inPt VIII
$396K
Ln 12
Fees for servicesLn 2g$221K
Gifts and grantsLn 1h$160K
Other incomeLn 4–11$15K
Money outPt IX
$418K
Ln 25
Programscol B$400K
Managementcol C$18K
Owns and owesPt X
$229K
net assets · Ln 32
Cash and savingsLn 1–2$111K
Total assetsLn 16$229K
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$160K
Fees for servicesLn 2g$221K
Other incomeLn 4–11$15K
Total revenueLn 12$396K
Assets in detailPt X, end of year
CashLn 1$39K
SavingsLn 2$72K
Cash and savings togetherLn 1–2$111K
Land, buildings, equipmentLn 10c$3K
Other assetsLn 15$115K
Total assetsLn 16$229K
LiabilitiesLn 26$0
Net assetsLn 32$229K
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 FY23End FY23
Cash and savingsLn 1–2$220K$111K
Land, buildings, equipmentLn 10c$493K$3K
Total assetsLn 16$713K$229K
LiabilitiesLn 26$0$0
Net assetsLn 32$713K$229K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$73K$73K
Other salaries and wagesLn 7$19K$19K
Other employee benefitsLn 9$32K$32K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$1K$1K
Advertising and promotionLn 12$3K$3K
OccupancyLn 16$59K$59K
TravelLn 17$52K$52K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$124K$124K
All other expensesLn 24e$48K$33K$15K
Total functional expensesLn 25$418K$400K$18K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $475K$479K−$4K$209K 990 PDF
FY2023 Viewing $396K$418K−$22K$229K 990 PDF
FY2022 $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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $396,438 across 5 lines filed
VIII-1f All other contributions, gifts and grants$160,343
VIII-1h Total contributions, gifts and grants$160,343
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $220,956$220,956
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $15,139$15,139
VIII-12 Total revenueRelated to mission $236,095$396,438
Part IX · Statement of functional expenses $417,973 across 11 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $72,829$72,829
IX-7 Other salaries and wagesPrograms $19,185$19,185
IX-9 Other employee benefitsPrograms $31,548$31,548
IX-11b Legal feesManagement $2,148$2,148
IX-11c Accounting feesManagement $1,060$1,060
IX-12 Advertising and promotionPrograms $3,424$3,424
IX-16 OccupancyPrograms $58,658$58,658
IX-17 TravelPrograms $52,269$52,269
IX-23 InsurancePrograms $5,000$5,000
IX-24 Other expenses (24a–d)Programs $123,835$123,835
IX-24e All other expensesPrograms $33,197 · Management $14,820$48,017
IX-25 Total functional expensesPrograms $399,945 · Management $18,028 · Fundraising $0$417,973
Part X · Balance sheet $228,558 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $36,744$38,639
X-2 Savings and temporary cash investmentsStart of year $183,105$72,294
X-10c Land, buildings and equipment, netStart of year $493,355$2,625
X-15 Other assets$115,000
X-16 Total assetsStart of year $713,204$228,558
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $630,926$113,709
X-28 Net assets with donor restrictionsStart of year $82,278$114,849
X-32 Total net assets or fund balancesStart of year $713,204$228,558
X-33 Total liabilities and net assetsStart of year $713,204$228,558
Part XI · Reconciliation of net assets $228,558 net assets at year end
XI-1 Total revenue$396,438
XI-2 Total expenses$417,973
XI-3 Revenue less expenses−$21,535
XI-4 Net assets at start of year$713,204
XI-9 Other changes in net assets−$463,111
XI-10 Net assets at end of year$228,558

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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