Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Velos Organization Inc is a nonprofit focused on youth organizing, dedicated to providing children and young people with opportunities to engage in recreational, cultural, social, and civic activities. With an operating budget of $221.7K and total revenue of $261.4K for the 2024 filing year, the organization relies significantly on funding from the DUKE ENERGY FOUNDATION, which contributes $59.5M. Through its life-skills classes, Velos aims to help youth realize their full potential and cultivate a strong connection with their community.

Mission Statement

Velos provides opportunities for children and youth to participate in a wide range of recreational, cultural, social and civic activities, as well as allowing them to explore their talents and interests through life-skills class, whose purpose is to help youth develop their full potential and grow into healthy, well-rounded adults fostering a full and balanced life while experiencing a deeper connection with others & their community.
Revenues
$261.4K
Expenses
$221.7K
Net Income:
+$39.7K
Assets
$176.6K
Liabilities
$0
Net Assets:
+$176.6K
Operating Budget
$221.7K
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
$100
Largest grant received
$100
C
Colleen a Pusateri
Board Member
C
Cole a Pusateri
Board Member
A
Anita J Zimmerman
Board Member

Frequently Asked Questions

What is Velos Organization Inc’s budget?
In 2024, Velos Organization Inc reported an annual operating budget of around $222 thousand. More detailed financial information is available to registered users.
What causes does Velos Organization Inc support?
Velos Organization Inc supports work in Youth organizing.
Where does Velos Organization Inc operate?
Velos Organization Inc is headquartered in Simpsonville, SC.
Who funded Velos Organization Inc recently?
In 2022, Velos Organization Inc received grants from DUKE ENERGY FOUNDATION and DUKE ENERGY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Velos Organization Inc received in 2022?
The largest grant to Velos Organization Inc in 2022 exceeds <$1,000.