Volunteers of America Mid-States
Fiscal Year
Fiscal Year Start
07/02/2024
Fiscal Year End
06/30/2025
Projected Revenue
$56,042,880.00
Projected Expenses
$55,930,591.00
Organizational Budgets and Other Documents
| FY24 Budget | 2024 |
| FY2022-23 Budget | 2023 |
| FY 22 Budget | 2022 |
| FY2021 Agency Budget | 2021 |
| FY2020 Agency Budget | 2020 |
| FY2019 Agency Budget | 2019 |
| FY2018 Agency Budget | 2018 |
| FY2017 Budget | 2017 |
IRS Letter of Exemption
| Volunteers of America - Mid States IRS Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Revenue | $39,127,923.00 | ||
| Total Expenses | $35,056,106.00 | ||
| Revenue Less Expenses | ($-0.00) | ($-0.00) | $4,071,817.00 |
Revenue Sources
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | ||
| Government - Federal | $0.00 | ||
| Government - State | $0.00 | ||
| Government - Local | $0.00 | ||
| Government - Unspecified | $15,365,055.00 | ||
| Contributions, Gifts, and Grants | $3,738,945.00 | ||
| Indirect Public Support | $61,873.00 | ||
| Earned Revenue | $18,726,658.00 | ||
| Investment Income, Net of Losses | $138,105.00 | ||
| Membership Dues | $0.00 | ||
| Special Events | $422,448.00 | ||
| Revenue In-Kind | $273,583.00 | ||
| Other | $401,256.00 |
Expense Allocation
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Program Expense | $28,789,144.00 | ||
| Administration Expense | $5,789,692.00 | ||
| Fundraising Expense | $477,270.00 | ||
| Total Revenue/Total Expenses | 112% | ||
| Program Expense/Total Expenses | 82% | ||
| Fundraising Expense/Contributed Revenue | 1% |
Top Funding Sources
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | $0.00 | Program Revenue $18,726,658.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | $0.00 | Government Grants $15,365,055.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | $0.00 | Contributions, Gifts, Grants $3,738,945.00 |
Assets and Liabilities
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $18,999,219.00 | ||
| Current Assets | $6,857,959.00 | ||
| Long-Term Liabilities | $672,722.00 | ||
| Current Liabilities | $2,861,177.00 | ||
| Total Net Assets | $15,465,320.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$44,677.00
What is the spending policy for your endowment?
Percentage
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Exempt
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
| Financials are taken from the 990. Financial documents were prepared by MCM CPAS & Advisors LLP. Foundation and corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990. Comments provided by Hayley Sulfridge 2/28/23. |
