Viable Inc
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$850,000.00
Projected Expenses
$800,000.00
Organizational Budgets and Other Documents
| 2022 Budget | 2022 |
IRS Letter of Exemption
| IRS Letter | 2019 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $850,173.00 | $784,114.00 | $923,859.00 |
| Total Expenses | $754,507.00 | $804,920.00 | $943,729.00 |
| Revenue Less Expenses | $95,666.00 | ($20,806.00) | ($19,870.00) |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $82,700.00 | $0.00 |
| Contributions, Gifts, and Grants | $850,173.00 | $701,414.00 | $897,655.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $0.00 | $0.00 | $0.00 |
| Investment Income, Net of Losses | $0.00 | $0.00 | $22.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $26,122.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $565,015.00 | $560,048.00 | $503,113.00 |
| Administration Expense | $189,492.00 | $201,481.00 | $404,616.00 |
| Fundraising Expense | $0.00 | $43,391.00 | $36,000.00 |
| Total Revenue/Total Expenses | 113% | 97% | 98% |
| Program Expense/Total Expenses | 75% | 70% | 53% |
| Fundraising Expense/Contributed Revenue | 0% | 5% | 4% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $850,173.00 | Contributions, Gifts, and Grants $701,414.00 | Contributions, Gifts, Grants $897,655.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Government Grants $82,700.00 | Other Revenue $26,122.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | $0.00 | Investment Income $22.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $167,003.00 | $77,031.00 | $151,504.00 |
| Current Assets | $167,003.00 | $28,622.00 | $49,606.00 |
| Long-Term Liabilities | $20,000.00 | $20,000.00 | $0.00 |
| Current Liabilities | $10,028.00 | $15,722.00 | $89,389.00 |
| Total Net Assets | $136,975.00 | $41,309.00 | $62,115.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Form 990s
| 2022 Form 990 | 2022 |
| 2021 Form 990 | 2021 |
| 2020 Form 990 | 2020 |
| 2019 990EZ | 2019 |
Audit Documents
No audit documents are available at this time
Foundation Staff Comments
| Financial details compiled by Form 990. Corporate and foundation grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990. Form 990 compiled by Cherry Bekaert, LLP. Organization was exempt from the Audit requirement in 2020 because private foundation revenue made up a significant portion of the 2020 revenue and is excluded from the gross income calculation for audit purposes. Comments provided by Hayley Sulfridge 9/1/23.. |
