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VEREIN ZUR VERANSTALTUNG UND FORDERUNG DES WILLEM C VIS INTERNATIONAL

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Tax-exempt status may be revoked

VEREIN ZUR VERANSTALTUNG UND FORDERUNG DES WILLEM C VIS INTERNATIONAL

EIN 98-0681202 · Education N.E.C. (B99)

What they do

THE VEREIN AIMS to ORGANIZE and PROMOTE AN ANNUAL COMPETITION of STUDENTS IN THE FIELD of INTERNATIONAL COMMERCIAL LAW and ARBITRATION. ITS PURPOSE is ALSO to EXTEND THE KNOWLEDGE of LEGAL PROVISIONS ON THE INTERNATIONAL TRADE AS, for EXAMPLE, THE UN SALES CONVENTION, THE NEW YORK CONVENTION 1958 and LETTERS of CREDIT.

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

89.26%of revenue went to mission work95.2% of expenses · Program services
$93.80spent for every $100 of revenueRevenue covered expenses this year.
4.54%of revenue went to management and office costs4.8% of expenses
$1.05in assets for every $1 spent this yearSome assets cannot be spent right away.
36.7%of its money came from giftsOther money may come from services or investments.

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Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$632,675
Mission workProgram services$564,74689.26% of revenue95.2% of expenses
ManagementOffice and general costs$28,7054.54% of revenue4.8% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$39,2246.20% of revenueShown in gray on the chart
Total expenses$593,45193.80% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 95.2% mission · 4.8% management · 0.0% fundraisingTotal expenses: 93.80% of revenue
2023Expense mix: 95.8% mission · 4.2% management · 0.0% fundraisingTotal expenses: 96.58% of revenue
2022Expense mix: 97.0% mission · 3.0% management · 0.0% fundraisingTotal expenses: 128.47% of revenue
2021Expense mix: 96.4% mission · 3.6% management · 0.0% fundraisingTotal expenses: 95.28% of revenue
2020Expense mix: 90.3% mission · 9.7% management · 0.0% fundraisingTotal expenses: 50.72% of revenue

Money in and money out

Revenue$632,675
Expenses$593,451
Annual surplus $39,224 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$564,746 · 95.2% of expenses
Management and office costs$28,705 · 4.8% of expenses
See all reported dollar amounts
Revenue$632,675
Expenses$593,451
Assets$621,286
Income$632,675
Contributions$232,235
Mission work (program services)$564,746
Management and general$28,705
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (11)

ANNA JOUBIN-BRETMEMBER

DR BRIGITTA JUD-ZCHLINGVICE PRESIDENT

DR JERNEY SEKOLECMEMBER

IPEK INCEMEMBER

JILL GROSSMEMBER

MAG PATRIZIA NETALVP. DIRECTOR

NIAMH LEINWATHERTREASURER

PROF PATRICIA SHAUGHNESSYPRESIDENT

PROFESSOR DR CHRISTOPHER KEEDIRECTOR

PROFESSOR DR STEFAN KRLLDIRECTOR

PROFESSOR LOUKAS MISTELISMEMBER

About this charity

Recognized since
January 2012
Location
VIENNA INNERE STADT 1010, AUSTRIA
In care of
% KNOETZL
Primary officer
Prof Patricia Shaughnessy, President

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
IL NFP AUDIT AND TAX LLP
NTEE classification
Education N.E.C. (B99)
IRS tax category
Education N.E.C.
Revocation date
November 15, 2010

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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