Verein Zur Veranstaltung Und Forderung Des Willem C Vis International
Nonprofit profile at a glance
- EIN
- 980681202
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Vienna, Innere Stadt, AU
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $632,675
- Expenses
- $593,451
- Assets
- $621,286
- Liabilities
- $42,626
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Prof Patricia Shaughnessy (President)
- Dr Brigitta Jud-Zchling (Vice President)
People named in this filing
- Prof Patricia Shaughnessy (President)
- Dr Brigitta Jud-Zchling (Vice President)
- Mag Patrizia Netal (VP. Director)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The verein aims to organize and promote an annual competition of students in the field of international commercial law and arbitration. Its purpose is also to extend the knowledge of legal provisions on the international trade as, for example, the un sales convention, the New York convention 1958 and letters of credit.
What it reported doing in 2024
We welcomed 373 university teams from 88 different countries in Vienna. In total 2,500 students participated in the 31st Vis Moot. The judging of arguments and the memorandum is provided by over 1,000 arbitrators who participate at their own cost. The organization of the Moot is the only activity undertaken by the association.
Operating model
- Revenue model
- Earned-program. 63% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 55
- Accountability: 70
- Sustainability: 53
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.3%; rating input score 89
- Program expense ratio: 95.2%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 6.2%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 1.05; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 20.5% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 13.9% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: -5% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 89.3% of revenue deployed · 95.2% of spending went to programs
- Governance: 11 of 11 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $565K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 4 filed schedules · includes major donors and foreign activity
- Filing history: 4 filing years from 2020 to 2024
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- Review — Sustainability: Operating margin scored 53/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.