Nonprofit · EIN 82-5371338
THE VERTICAL LIFE FOUNDATION INC
Tax-exempt · WESTFIELD, IN 46074
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $125,036 | $126,108 | -$1,072 | $31,707 | $764 | $30,943 |
| December 31, 2023 | 990 | $199,930 | $209,578 | -$9,648 | $33,543 | $1,528 | $32,015 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $990
- Program service revenue
- $124,046
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $123,808
- Management and general (functional)
- $2,300
Balance sheet and other
- Total assets, start of year
- $33,543
- Total assets, end of year
- $31,707
- Total liabilities, end of year
- $764
- Net assets, end of year
- $30,943
- Gross receipts
- $125,036
- Employees
- 0
- Year formed
- 2018
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN WHEELER | PRESIDENT Trustee or director, Officer | 0 | $0 |
| SUSAN ROZZI | BOARD MEMBER Trustee or director | 20 | $0 |
| KAITLYN SMITH | BOARD MEMBER Trustee or director | 20 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BOB BIERWAGEN THROUGH 723 | DIRECTOR Trustee or director | 1 | $0 |
| JEFF GRIFFETH THROUGH 723 | DIRECTOR Trustee or director | 1 | $0 |
| STEPHEN BLACK THROUGH 724 | DIRECTOR Trustee or director | 1 | $0 |
| RON BRUMBARGER THROUGH 723 | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN WHEELER | PRESIDENT Trustee or director, Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 34 W WOODSAGE CT, WESTFIELD, IN 46074-9077
- In care of
- % BRIAN WHEELER
- Signed the 990
- BRIAN WHEELER, PRESIDENT
- Return prepared by
- Bedrock Accounting & Tax Advisors
Mission
TO SUPPORT AU TUITION-RELATED MATTERS WITH STUDENTS, MANAGING SCHOLARSHIPS.
Program accomplishments
- TO SUPPORT AU TUITION-RELATED MATTERS WITH STUDENTS, MANAGING SCHOLARSHIPSExpenses $123,808
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-5371338
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B28)
- Assets (IRS master file)
- $31,707
- Income (IRS master file)
- $125,036
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $125,036 | $126,108 | $31,707 | XML |
| 990 | December 2023 | $199,930 | $209,578 | $33,543 | XML |
| 990 | December 2022 | $301,703 | $287,863 | $44,094 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-5371338).
Questions about THE VERTICAL LIFE FOUNDATION INC
- What is the EIN of THE VERTICAL LIFE FOUNDATION INC?
- The employer identification number (EIN) of THE VERTICAL LIFE FOUNDATION INC is 82-5371338.
- Is THE VERTICAL LIFE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to THE VERTICAL LIFE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE VERTICAL LIFE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE VERTICAL LIFE FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE VERTICAL LIFE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of THE VERTICAL LIFE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does THE VERTICAL LIFE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $125,036, expenses of $126,108 and total assets of $31,707 at year end.
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