The Versailles Foundation Inc

EIN: 237088677 501(c)(3)

New York, NY

Total Revenue
$1,168,613
Total Expenses
$1,469,488
Total Assets
$12,268,127
Net Assets
$12,243,888
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
NY
Principal Officer
Barbara de Portago
Phone
2129833436
Tax Period
2024-01-01 to 2024-12-31

The Versailles Foundation Inc, founded in 1970, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $1.5M exceeded revenue, resulting in a 26% operating deficit.

Mission

The Versailles Foundation, Inc. was organized and established to promote good relations between the citizens of the United States of America and the citizens of the Republic of France by assisting the preservation, maintenance, rehabilitation of several historical monuments and locations in France, the United States, and internationally.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $317,047
Program Service Revenue $0
Investment Income $832,488
Other Revenue $19,078
TOTAL REVENUE $1,168,613

Expense Breakdown

Grants Paid $634,837
Salaries & Benefits $360,385
Fundraising Expenses $68,830
Program Expenses $1,075,944
Other Expenses $474,266
TOTAL EXPENSES $1,469,488

Year-over-Year Comparison

2024 2023 Change
Revenue $1,168,613 $874,701 +0.3%
Expenses $1,469,488 $1,373,658 +0.1%
Net Income $-300,875 $-498,957 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
Employees
2
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$200,000
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Barbara de Portago President 40.00
Officer
$200,000 $0 $200,000
Anthony Rhodes Charge d'Affaires 40.00
$102,000 $0 $102,000
Gillian Spreckles Fuller Director 0.00
Director
$0 $0 $0
Camila Koenig Director 0.00
Director
$0 $0 $0
Nicolas Calbos Director 0.00
Director
$0 $0 $0
Russell A Grant Director 0.00
Officer Director
$0 $0 $0
David R Stack Treas. / Sec. 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,168,613 $1,469,488 $12,268,127 $-300,875
2024 No data No data No data No data
2023 $874,701 $1,373,658 $12,377,831 $-498,957
2022 $1,372,433 $1,227,273 $11,954,868 $145,160
2021 $1,523,440 $1,410,187 $14,547,597 $113,253
2020 $1,691,062 $1,666,051 $13,826,186 $25,011
2019 $900,322 $1,180,134 $13,711,476 $-279,812
2018 $1,077,243 $1,233,670 $12,585,903 $-156,427
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