2015-05-14T17:29:12-05:00 2014-12-31 363990892 Capin Crouse LLP 2435 Research Parkway Suite 200 Colorado Springs CO 80920 990 2014-01-01 841397081 VisionTrust International Inc VISI 7192682943 3710 SINTON RD No 100 Colorado Springs CO 80907 David Kuritar Chief Financial Officer 7192682943 2015-05-14 1 Adam R Smith P00958966 7195286225 2014 2016-02-25 16:41:14Z Matthew Storer 3710 SINTON RD No 100 Colorado Springs CO 80907 7125064 0 X www.visiontrust.org X 1997 CO Develop orphaned and neglected children into mature Christians equipped to live in their culture. 15 13 43 693 -3505 -3505 5935829 6986689 8956 6102 3488 7853 -338884 -366219 5609389 6634425 2690245 2461818 0 0 1554110 1969391 0 0 210373 1641710 1792182 5886065 6223391 -276676 411034 2134535 2576763 1113162 1139392 1021373 1437371 X Develop orphaned and neglected children into mature Christians equipped to live in their culture. 0 0 5402394 2461818 6102 VisionTrust strives to meet the physical, spiritual and educational needs of orphaned and neglected children in all of its projects. The physical and nutritional needs are usually met by providing a meal or snack, potable water, and routine health assessments and emergency health care. Their educational needs are usually met through school tuition assistance, tutoring or daycare programs. Their spiritual needs are developed through sunday school and classroom style curriculums. Visiontrust currently serves 13,609 children at projects in Asia, Central and South America and Africa. 5402394 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 7 0 1 43 1 1 1 0 0 0 0 0 0 0 0 0 X 15 13 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CA CO FL GA HI IL KY MD MI MN MS MO NH NM NY ND OH OK OR PA RI SC TN UT VA WA WV WI X David Kuritar 7192682943 3710 SINTON RD No 100 Colorado Springs CO 80907 Matthew Storer President & CEO 40.00 X X 105414 0 62655 Dr Ernie Taylor Founder 40.00 X X 64554 0 82171 David Smith Board Chairman 1.00 X X 0 0 0 Colin Strutz Vice Chairman 1.00 X X 0 0 0 Jeff Behan Treasurer 1.00 X X 0 0 0 Betsy Maybry Secretary 1.00 X X 0 0 0 Ed Kraft Board Member 1.00 X 0 0 0 Brent Danner Board Member 1.00 X 0 0 0 Manuel Haro Board Member 1.00 X 0 0 0 Jeff Woda Board Member 1.00 X 0 0 0 Daniel Rodriguez Board Member 1.00 X 0 0 0 Steve Smith Board Member 1.00 X 0 0 0 Chaiyn Ukosakul Board Member 1.00 X 0 0 0 Hank Han Khim Board Member 2.00 X 0 0 0 Linda Strohmeyer Board Member 3.00 X 0 0 0 Anne Frymoyer Anne Kuhnle Board Member (Part Year) 1.00 X 0 0 0 169968 0 144826 1 0 1 0 Heller Consulting 1736 Franklin St 400 Oakland CA 94612 Software Development 232787 1 499218 6487471 106010 6986689 Misc. Program Revenue 900099 6102 6102 6102 7853 7853 103708 102997 711 711 -3505 4216 20712 20712 0 0 0 499218 366930 -366930 -366930 6634425 6102 -3505 -354861 2461818 2461818 339257 249410 64847 25000 18746 18746 1272001 870745 251256 150000 24825 21952 2873 213570 184038 29532 100992 88636 12356 33592 33592 31189 7477 21418 2294 4386 1662 224 2500 139075 49625 85652 3798 136773 98935 37309 529 34156 27376 6780 221917 180105 15560 26252 23884 19036 4848 95895 79259 16636 9066 6530 2536 Mission Team Travel 849966 846580 3386 Events 62602 61595 1007 Program Exps & G&A 11572 10767 805 138109 136848 1261 6223391 5402394 610624 210373 89123 76091 8288 4744 398470 277203 287795 527034 22616 68032 2278215 790269 1266688 1487946 147022 205168 11944 11380 2134535 2576763 37249 65165 1075913 1074227 1113162 1139392 X 251831 574647 769542 862724 1021373 1437371 2134535 2576763 411034 4964 0 X X 0 1 X 1 0 X 4068244 4109386 4881817 5935829 6986689 25981965 4068244 4109386 4881817 5935829 6986689 25981965 25981965 28387 22596 27182 40520 58843 177528 26159493 42606 0.99320 0.99410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 174865 174865 1416326 491507 924819 451024 298762 152262 236000 236000 1487946 X 7295736 4964 186420 469927 661311 6634425 0 6634425 6879738 186420 469927 656347 6223391 0 6223391 Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statement of activities. As of December 31, 2014, VisionTrust had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. VisionTrust's federal Exempt Organization Business Income Tax Return Form 990 and Exempt Organization Business Income Tax Return Form 990T for the years ended December 31, 2013, 2012, and 2011 are subject to examination by the IRS, generally for three years after they were filed. Part XI, Line 2d - Other Adjustments: Rental Expenses 102,997. Special Fundraising Event Expenses 366,930. Part XII, Line 2d - Other Adjustments: Rental Expenses 102,997. Special Fundraising Event Expenses 366,930. 1 Central America and the Caribbean 0 0 Grant Making 1017814 East Asia and the Pacific 0 0 Grant Making 120800 South America 0 0 Grant Making 97090 South Asia 0 0 Grant Making 190206 Sub-Saharan Africa 0 0 Grant Making 1035908 Central America and the Caribbean 0 0 Program Services Provide food, water, medical care, schooling, & curriculum for children 568019 East Asia and the Pacific 0 0 Program Services Provide food, water, medical care, schooling, & curriculum for children 17324 South America 0 0 Program Services Provide food, water, medical care, schooling, & curriculum for children 188772 South Asia 0 0 Program Services Provide food, water, medical care, schooling, & curriculum for children 14614 Sub-Saharan Africa 0 0 Program Services Provide food, water, medical care, schooling, & curriculum for children 186758 0 0 0 0 0 0 3235933 201372 3437305 Central America Provide food, water, medical care, schooling, & curriculum for children 744177 Wire, Electronic fund transfer, hand delivery, etc. 2960 Supplies, Medicine, Food, equipment, etc. Fair Market Value Central America Provide food, water, medical care, schooling, & curriculum for children 164943 wire, Electronic fund transfer, hand delivery, etc. 1760 Supplies, Medicine, Food, equipment, etc. Fair Market Value Central America Provide food, water, medical care, schooling, & curriculum for children 103974 wire, Electronic fund transfer, hand delivery, etc. East Asia and the Pacific Provide food, water, medical care, schooling, & curriculum for children 6674 wire, Electronic fund transfer, hand delivery, etc. East Asia and the Pacific Provide food, water, medical care, schooling, & curriculum for children 59066 wire, Electronic fund transfer, hand delivery, etc. 1215 Supplies, Medicine, Food, equipment, etc. Fair Market Value East Asia and the Pacific Provide food, water, medical care, schooling, & curriculum for children 52345 wire, Electronic fund transfer, hand delivery, etc. South America Provide food, water, medical care, schooling, & curriculum for children 39924 wire, Electronic fund transfer, hand delivery, etc. South America Provide food, water, medical care, schooling, & curriculum for children 56982 wire, Electronic fund transfer, hand delivery, etc. 184 Supplies, Medicine, Food, equipment, etc. Fair Market Value South Asia Provide food, water, medical care, schooling, & curriculum for children 190206 wire, Electronic fund transfer, hand delivery, etc. Sub-Saharan Africa Provide food, water, medical care, schooling, & curriculum for children 119126 wire, Electronic fund transfer, hand delivery, etc. Sub-Saharan Africa Provide food, water, medical care, schooling, & curriculum for children 410349 wire, Electronic fund transfer, hand delivery, etc. 58500 Supplies, Medicine, Food, equipment, etc. Fair Market Value Sub-Saharan Africa Provide food, water, medical care, schooling, & curriculum for children 69052 wire, Electronic fund transfer, hand delivery, etc. 160 Supplies, Medicine, Food, equipment, etc. Fair Market Value Sub-Saharan Africa Provide food, water, medical care, schooling, & curriculum for children 24830 wire, Electronic fund transfer, hand delivery, etc. Sub-Saharan Africa Provide food, water, medical care, schooling, & curriculum for children 37617 wire, Electronic fund transfer, hand delivery, etc. Sub-Saharan Africa Provide food, water, medical care, schooling, & curriculum for children 57462 wire, Electronic fund transfer, hand delivery, etc. Sub-Saharan Africa Provide food, water, medical care, schooling, & curriculum for children 258813 wire, Electronic fund transfer, hand delivery, etc. 6 0 0 0 0 0 0 0 Part I, Line 2: VisionTrust requires written partnership agreements with each country of operation. Each country must provide a monthly report on their project status and quarterly financial reports on all income and expenditures. The USA executive committee travels to each country bi-annually to conduct field audits to ensure the integrity of bookkeeping and operations. Part I, line 3: Accrual method accounting is used for grants & expenditures in foreign regions. Foreign expenses are tracked by actual expenses in region and travel expenses for region. Presidents Weekend 499218 499218 69571 125688 39000 132671 499218 499218 69571 125688 39000 132671 366930 -366930 X X 1 1 X X X 0 0 0 0 0 0 0 0 0 Matthew Storer President & CEO 105414 0 0 0 0 0 6536 0 56119 0 168069 0 0 0 Part I, Line 1a The organization offers a minister's housing allowance to its President/CEO and Founder. These are appropriately treated as non-taxable benefits. County Club membership dues are also paid on behalf of the Founder. This membership is exclusively for fundraising purposes, and the dues have been treated as non-taxable compensation. Part I, Line 3 Compensation of the organization's CEO, and any other corporate officers that should exist, are determined by independent members of the governing board. On an annual basis, comparability data obtained from Charity Navigator is used in determining appropriate compensation. All deliberations and decisions are contemporaneously documented in the corporate minutes. Cheryl Storer Family Relationship-Matthew Storer, President/CEO & Ernest Taylor, Founder 18746 Employee Compensation 0 Matthew Storer Family Relationship-Ernest Taylor, Founder 168069 Employee Compensation 0 Ernest Taylor Family Relationship-Matthew Storer, President/CEO 146725 Employee Compensation 0 X 9286 FMV-Similar Asset Sales X 1144 FMV-Similar Asset Sales X 3 43398 FMV-Similar Asset Sales X Software 3 47743 FMV-Similar Asset Sa X School Supplies 8 3989 FMV-Similar Asset Sa X Phone Switch 1 450 FMV-Similar Asset Sa 0 0 0 0 Part I, Column (b): The number of contributions reported is the number of contributions received, not the number of indivdiual items contributed. 990, Part II, Signing Officer: David Kuritar became the Chief Financial Officer of VisionTrust International on 1/1/2015. Mr. Kuritar is signing the return, however, he is not reported on Form 990, Part VII, as he did not become CFO until after the close of the tax year. Form 990, Part VI, Section A, line 2 The CEO & President are Father-in-law and Son-in-Law. Form 990, Part VI, Section B, line 11 The Form 990 is prepared and reviewed by an independent certified public accounting firm. It is also reviewed by key members of management. The Form 990 is also provided to the entire board before it is filed with the IRS. Form 990, Part VI, Section B, line 12c Independent members of the executive committee of the board actively monitor the activities and transactions of the organization. Should a conflict of interest exist, interested parties would be required to recuse themselves from the deliberations and any board vote to follow. Form 990, Part VI, Section B, line 15 Compensation of the organization's CEO, and any other corporate officers that should exist, are determined by independent members of the governing board. On an annual basis, comparability data obtained from Charity Navigator is used in determining appropriate compensation. All deliberations and decisions are contemporaneously documented in the corporate minutes. Form 990, Part VI, Section C, line 19 Copies are available upon request.