FRIENDS OF VIP INC

EIN: 331617554 501(c)(3) Employment

PHILADELPHIA, PA

Total Revenue
$13,977
Total Expenses
$5,882
Total Assets
$840,304
Net Assets
$840,067
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
PA
Principal Officer
STEWART EISENBERG
Phone
2155239550
Tax Period
2025-01-01 to 2025-12-31

FRIENDS OF VIP INC, founded in 2024, is a micro nonprofit in the Employment sector that reported $14K in total revenue in fiscal year 2025. Revenue fell 98% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $8K, a strong 58% operating margin.

Mission

AS A SUPPORTING ORGANIZATION, FRIENDS OF VIP WILL RAISE FUNDS TO HELP SUPPORT PROGRAMS AND SERVICES IDENTIFIED BY FRIENDS OF VIP'S BOARD THAT WILL BENEFIT PHILADELPHIA VIP INC.

Program Service Accomplishments

Program 1

AS A SUPPORTING ORGANIZATION, FRIENDS OF VIP WILL RAISE FUNDS TO HELP SUPPORT PROGRAMS AND SERVICES IDENTIFIED BY FRIENDS OF VIP'S BOARD THAT WILL BENEFIT PHILADELPHIA VIP INC. FRIENDS OF VIP WILL...

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AS A SUPPORTING ORGANIZATION, FRIENDS OF VIP WILL RAISE FUNDS TO HELP SUPPORT PROGRAMS AND SERVICES IDENTIFIED BY FRIENDS OF VIP'S BOARD THAT WILL BENEFIT PHILADELPHIA VIP INC. FRIENDS OF VIP WILL PRIMARILY RAISE FUNDS FROM DONORS TO FINANCIALLY SUPPORT PHILADELPHIA VIP INC.'S OPERATIONS, ALLOWING PHILADELPHIA VIP INC. TO INVEST IN ADDITIONAL PROGRAMS AND SERVICES THAT MAY NOT BE COVERED BY PHILADELPHIA VIP INC.'S BUDGET, ESSENTIALLY FURTHERING PHILADELPHIA VIP INC.'S MISSION THROUGH CHARITABLE GIVING. FRIENDS OF VIP'S BOARD WILL WORK CLOSELY WITH PHILADELPHIA VIP INC. LEADERSHIP TO DETERMINE THE MOST IMPACTFUL AREAS TO ALLOCATE DONATED FUNDS, ALIGNING WITH PHILADELPHIA VIP INC.'S STRATEGIC PRIORITIES. THE FRIENDS OF VIP WILL NOT CHARGE ANY FEES TO PHILADELPHIA VIP INC. FOR THESE FUNDRAISING ACTIVITIES. FRIENDS OF VIP WILL SPEND 75 PERCENT OF THE TIME ON THESE FUNDRAISING ACTIVITIES AND 25 PERCENT ON WORKING WITH PHILADELPHIA VIP INC. LEADERSHIP TO DETERMINE THE PROGRAMS AND SERVICES TO SUPPORT.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $13,977
Other Revenue $0
TOTAL REVENUE $13,977

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $5,882
TOTAL EXPENSES $5,882

Year-over-Year Comparison

2025 2024 Change
Revenue $13,977 $825,272 -1.0%
Expenses $5,882 N/A N/A
Net Income $8,095 $825,272 -1.0%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

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

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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEWART EISENBERG PRESIDENT 0.10
Officer Director
$0 $0 $0
STEPHANIE VOGEL TREASURER 0.25
Officer Director
$0 $0 $0
MEGAN SHAEFFER SECRETARY 0.10
Officer Director
$0 $0 $0
ERIK VIDELOCK BOARD MEMBER 0.10
Director
$0 $0 $0
MEGAN WATSON BOARD MEMBER 0.10
Director
$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
2025 $13,977 $5,882 $840,304 $8,095
2024 $825,272 No data $825,272 No data
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