Friends of Vip Inc

Nonprofit profile at a glance

EIN
331617554
IRS 990 coverage
2024–2025
Forms available
Form 990 2025
Location
Philadelphia, PA, USA
Phone
2155239550
Rating
48
Verdict
MIXED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$13,977
Expenses
$5,882
Assets
$840,304
Liabilities
$237

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • STEWART EISENBERG (PRESIDENT)

People named in this filing

  • STEWART EISENBERG (PRESIDENT)
  • STEPHANIE VOGEL (TREASURER)
  • MEGAN SHAEFFER (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

As a supporting organization, friends of vip will raise funds to help support programs and services identified by friends of vip's board that will benefit philadelphia vip inc.

What it reported doing in 2025

As a supporting organization, friends of vip will raise funds to help support programs and services identified by friends of vip's board that will benefit philadelphia vip inc. Friends of vip will primarily raise funds from donors to financially support philadelphia vip inc.'s operations, allowing philadelphia vip inc. To invest in additional programs and services that may not be covered by philadelphia vip inc.'s budget, essentially furthering philadelphia vip inc.'s mission through charitable giving. Friends of vip's board will work closely with philadelphia vip inc. Leadership to determine the most impactful areas to allocate donated funds, aligning with philadelphia vip inc.'s strategic priorities. The friends of vip will not charge any fees to philadelphia vip inc. For these fundraising activities. Friends of vip will spend 75 percent of the time on these fundraising activities and 25 percent on working with philadelphia vip inc. Leadership to determine the programs and services to support.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 82
  • Sustainability: 81
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 57.9%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 142.86; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -193.3% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 1.8% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 5 of 5 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 17 of 17 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.