Vanderbilt Hillel
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$1,294,297.00
Projected Expenses
$1,293,367.00
Organizational Budgets and Other Documents
| FY24 Budget | 2024 |
| 2022-2023 Projected Budget | 2023 |
| Fiscal Year 2022 Budget | 2022 |
| 2020-2021 Projected Budget | 2021 |
| 2019-2020 Budget | 2020 |
IRS Letter of Exemption
| IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $1,696,527.00 | $691,412.00 | $1,630,352.00 |
| Total Expenses | $1,079,540.00 | $1,264,910.00 | $865,115.00 |
| Revenue Less Expenses | $616,987.00 | ($573,498.00) | $765,237.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $684,173.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $49,476.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $77,302.00 | $68,527.00 |
| Contributions, Gifts, and Grants | $1,763,644.00 | $359,773.00 | $1,336,199.00 |
| Indirect Public Support | $102,133.00 | $97,000.00 | $95,000.00 |
| Earned Revenue | $31,154.00 | $32,541.00 | $47,505.00 |
| Investment Income, Net of Losses | $266,382.00 | $553.00 | $342.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $25,778.00 | $118,074.00 | $78,066.00 |
| Revenue In-Kind | $141,141.00 | $0.00 | $0.00 |
| Other | $992.00 | $6,169.00 | $4,713.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $816,644.00 | $828,860.00 | $599,555.00 |
| Administration Expense | $196,300.00 | $281,878.00 | $107,020.00 |
| Fundraising Expense | $66,596.00 | $154,172.00 | $58,662.00 |
| Total Revenue/Total Expenses | 157% | 55% | 213% |
| Program Expense/Total Expenses | 76% | 66% | 78% |
| Fundraising Expense/Contributed Revenue | 6% | 12% | 8% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $1,763,644.00 | Contributions, Gifts, and Grants $359,773.00 | Contributions, Gifts, and Grants $1,336,199.00 |
| Second Highest Funding Source & Dollar Amount | Foundations and Corporations $684,173.00 | Fundraising Events $118,074.00 | Federated Campaigns $95,000.00 |
| Third Highest Funding Source & Dollar Amount | Investment Income $266,382.00 | Federated Campaigns $97,000.00 | Fundraising Events $78,066.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $6,211,707.00 | $4,595,218.00 | $5,238,224.00 |
| Current Assets | $909,386.00 | $456,868.00 | $470,507.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $1,035,508.00 | $56,605.00 | $126,113.00 |
| Total Net Assets | $5,176,199.00 | $4,538,613.00 | $5,112,111.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$4,100,000.00
What is the spending policy for your endowment?
Income plus capital appreciation
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Exempt
Solicitations Permit
Form 990s
| 990 Form | 2023 |
| 990 Form | 2022 |
| Form 990 | 2021 |
| 990 Form | 2020 |
| Form 990 | 2019 |
| Form 990 | 2018 |
| Form 990 | 2017 |
| Form 990 | 2016 |
Audit Documents
| FY23 Audit | 2023 |
| Audit Document | 2022 |
| Audit Document | 2021 |
| Audit Draft | 2020 |
| Audit | 2019 |
| Audited Financials | 2018 |
| Audited Financials | 2017 |
CEO/Executive Director/Board Comments
| Until recently, financial oversight was provided by Vanderbilt University and our audit was covered under theirs. We formally split financially in August of 2016. Until last year we only had a review and not an audit. 2019 was the first year that we conducted a formal audit. Going forward we intend to continue this practice. |
Foundation Staff Comments
| Financial figures taken from the Form 990. In some years, foundation and corporate grants may be included in Contribution, Gifts, and Grants sum, as these amounts are not separated in Form 990. Form 990 was prepared Kraft CPAs, PLLC. Comments provided by Nicole Rose 05/17/2024. |
