VELA INSTITUTE INC

VELA INSTITUTE INC

Boone, NC, US
501(c)3
EIN
82-2827429

VELA INSTITUTE INC

Boone, NC, US
501(c)3
EIN
82-2827429

Overview

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Est.

2017

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

VELA INSTITUTE INC is a nonprofit organization dedicated to improving education by identifying effective solutions and promoting evidence-based decision-making in practice and policy. With an operating budget of $1.2 million and total revenue of $1.7 million for the 2024 filing year, the organization is supported by a diverse funding base, with no single funder contributing 50% or more of its revenue. For more information, visit their website at VELAINSTITUTE.ORG.

Mission Statement

TO IMPROVE EDUCATION BY FINDING EFFECTIVE SOLUTIONS, MAKING THESE SOLUTIONS READILY AVAILABLE TO IMPACT PRACTICE AND POLICY AND PROMOTING A CULTURE OF EVIDENCE BASED DECISION-MAKING.
Revenues

$1.7M

Expenses

$1.2M

Net Income:
+$446K
Assets

$418.2K

Liabilities

$140.3K

Net Assets:
+$277.9K
Operating Budget

$1.2M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$20.2K
Largest grant received
$20.2K
J
Jennifer Wilson-Kearse
Board Member
J
Joni Petschauer
Board Member
B
Brian Martin
Board Member

Frequently Asked Questions

What is VELA INSTITUTE INC’s budget?
In 2024, VELA INSTITUTE INC reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
What causes does VELA INSTITUTE INC support?
VELA INSTITUTE INC supports work in Alumni relations.
Where does VELA INSTITUTE INC operate?
VELA INSTITUTE INC is headquartered in Boone, NC.
Who funded VELA INSTITUTE INC recently?
In 2021, VELA INSTITUTE INC received grants from BILL & MELINDA GATES FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant VELA INSTITUTE INC received in 2021?
The largest grant to VELA INSTITUTE INC in 2021 exceeds $20 thousand.
Overview
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