Vidanet INC FY2024 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.
97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · 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
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
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
$475K
+20% vs prior year
Spent
$479K
To programs
97%
Net assets
$209K
By yearFY2020–FY2024
Revenue
$475K
FY2024▲ +20%
Revenue by fiscal year
FY2020$342K
FY2021$325K
FY2022$480K
FY2023$396K
FY2024$475K
FY2024$425K
Expenses
$479K
FY2024▲ +15%
Expenses by fiscal year
FY2020$344K
FY2021$236K
FY2022$373K
FY2023$418K
FY2024$479K
FY2024$306K
Net assets
$209K
FY2024▼ -9%
Net assets by fiscal year
FY2020$517K
FY2021$606K
FY2022$713K
FY2023$229K
FY2024$209K
FY2024$191K

From the FY2024 Form 990 (year ending September 2024) · 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

97 cents of each dollar spent went to programs.

Program services 97% · $465K Management & general 3% · $14K

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 (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
Board Chairman
$0Pt VII · Sec A
Board Vice Chairman
$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

This section is blank until Vidanet INC claims this page.

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3 program services account for $349K of program spending, described in the organization's own filed words · FY2023.
01

Vida220

Vida220 seeks to expand the kingdom of God and fulfill the great commission by training, facilitating and sending the church where to where God has called them. It serves as a longer term program of VidaNet. This program and its ministries are designed for those who are looking to serve for three months to three years.

$116Kprogram expense
02

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. It provides and facilitates missions and dischipleship opportunities for short term, cross cultural mission teams.

$116Kprogram expense
03

Vida Mini

Vida Mini is a program very similar to the Vida220 and the Vida Missions programs. It differs in the duration of the program for the participants: Shorter than Vida220, and longer than Vida Missions.

$116Kprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$475K
Ln 12
Fees for servicesLn 2g$275K
Gifts and grantsLn 1h$198K
Investment incomeLn 3$2K
Money outPt IX
$479K
Ln 25
Programscol B$465K
Managementcol C$14K
Owns and owesPt X
$209K
net assets · Ln 32
Cash and savingsLn 1–2$93K
Total assetsLn 16$209K
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$198K
Fees for servicesLn 2g$275K
Investment incomeLn 3$2K
Total revenueLn 12$475K
Assets in detailPt X, end of year
CashLn 1$29K
SavingsLn 2$63K
Cash and savings togetherLn 1–2$93K
Other assetsLn 15$116K
Total assetsLn 16$209K
LiabilitiesLn 26$0
Net assetsLn 32$209K
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 FY24End FY24
Cash and savingsLn 1–2$111K$93K
Total assetsLn 16$229K$209K
LiabilitiesLn 26$0$0
Net assetsLn 32$229K$209K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$279K$279K
Legal feesLn 11b$150$0$150$0
Accounting feesLn 11c$10K$0$10K$0
Advertising and promotionLn 12$6K$6K$0$0
Office expensesLn 13$4K$0$4K$0
Information technologyLn 14$3K$3K$0$0
OccupancyLn 16$3K$3K$0$0
TravelLn 17$44K$44K$0$0
Conferences, conventions and meetingsLn 19$880$880$0$0
Other expenses (24a–d)Ln 24$53K$53K$0$0
All other expensesLn 24e$76K$76K$0$0
Total functional expensesLn 25$479K$465K$14K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $475K$479K−$4K$209K 990 PDF
FY2023 $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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $474,920 across 5 lines filed
VIII-1f All other contributions, gifts and grants$197,515
VIII-1h Total contributions, gifts and grants$197,515
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$275,266
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$2,139
VIII-12 Total revenueRelated to mission $277,405 · Unrelated business $0 · Excluded from tax $0$474,920
Part IX · Statement of functional expenses $479,321 across 11 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $278,599$278,599
IX-11b Legal feesPrograms $0 · Management $150 · Fundraising $0$150
IX-11c Accounting feesPrograms $0 · Management $10,080 · Fundraising $0$10,080
IX-12 Advertising and promotionPrograms $5,609 · Management $0 · Fundraising $0$5,609
IX-13 Office expensesPrograms $0 · Management $4,043 · Fundraising $0$4,043
IX-14 Information technologyPrograms $3,071 · Management $0 · Fundraising $0$3,071
IX-16 OccupancyPrograms $3,392 · Management $0 · Fundraising $0$3,392
IX-17 TravelPrograms $44,449 · Management $0 · Fundraising $0$44,449
IX-19 Conferences, conventions and meetingsPrograms $880 · Management $0 · Fundraising $0$880
IX-24 Other expenses (24a–d)Programs $53,329 · Management $0 · Fundraising $0$53,329
IX-24e All other expensesPrograms $75,719 · Management $0 · Fundraising $0$75,719
IX-25 Total functional expensesPrograms $465,048 · Management $14,273 · Fundraising $0$479,321
Part X · Balance sheet $208,820 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $38,639$29,470
X-2 Savings and temporary cash investmentsStart of year $72,294$63,177
X-15 Other assetsStart of year $115,000$116,173
X-16 Total assetsStart of year $228,558$208,820
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $113,709$181,466
X-28 Net assets with donor restrictionsStart of year $114,849$27,354
X-32 Total net assets or fund balancesStart of year $228,558$208,820
X-33 Total liabilities and net assetsStart of year $228,558$208,820
Part XI · Reconciliation of net assets $208,820 net assets at year end
XI-1 Total revenue$474,920
XI-2 Total expenses$479,321
XI-3 Revenue less expenses−$4,401
XI-4 Net assets at start of year$228,558
XI-8 Prior period adjustments−$15,337
XI-10 Net assets at end of year$208,820

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

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