The Village Network Foundation Inc

Organization Overview

The Village Network Foundation Inc is located in Wooster, OH. The organization was established in 1963. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village Network Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Village Network Foundation Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $375.6k during the year ending 06/2022. While expenses have increased by 2.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO INVEST FUNDS FOR USE IN THE OPERATIONS OF ITS SOLE BENEFICIARY, THE VILLAGE NETWORK, A RELATED ORGANIZATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING AN ANNUAL CASH DISTRIBUTION TO THE VILLAGE NETWORK.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$74,533
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$74,533
Total Program Service Revenue$0
Investment income $459,013
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $523,726
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,057,272

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Village Network Foundation Inc has recieved totaling $25,000.

Awarding OrganizationAmount
Laura B Frick Tr U Item 17 Uwo

Pittsburgh, PA

PURPOSE: NEW GYM FLOOR RENOVATIONS

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$331,066
Earnings-$46,199
Other Expense$14,269
Ending Balance$270,598

Peer Organizations

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