VIDAL ACCESS INC

EIN: 842395170 501(c)(3) Education

STERRETT, AL

Total Revenue
$341,854
Total Expenses
$251,617
Total Assets
$140,990
Net Assets
$140,990
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
AL
Principal Officer
LANCE BEVERLY
Phone
2052596580
Tax Period
2023-07-01 to 2024-06-30

VIDAL ACCESS INC, founded in 2019, is a small nonprofit in the Education sector that reported $342K in total revenue in fiscal year 2023. The organization ran a surplus of $90K, a strong 26% operating margin.

Mission

PROVIDE LOW AND MIDDLE CLASS STUDENTS WITH ACCESS TO COLLEGE CONSULTING SERVICES

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $341,854
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $341,854

Expense Breakdown

Grants Paid $0
Salaries & Benefits $189,598
Fundraising Expenses $0
Program Expenses $251,617
Other Expenses $62,019
TOTAL EXPENSES $251,617

Year-over-Year Comparison

2023 2022 Change
Revenue $341,854 N/A N/A
Expenses $251,617 N/A N/A
Net Income $90,237 N/A N/A
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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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
2
Employees
5
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
0
$0
Total Directors
0
$0
Key Employees
2
$105,783
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LANCE BEVERLY PRESIDENT/EMPLOYEE 40.00
Key Emp
$90,883 $0 $90,883
ANNA HARRIS SECRETARY/EMPLOYEE 40.00
Key Emp
$14,900 $0 $14,900
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 No data No data No data No data
2024 $341,854 $251,617 $140,990 $90,237
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