Public Charity

VELA

VELA is a Public Charity headquartered in AUSTIN, TX. Financial data from the 2024 filing: $394K revenue, $558K expenses, $394K total assets. 21 publicly reported grants to this organization, totaling roughly $522K, appear in IRS filings.

EIN: 272451077 AUSTIN, TX Latest filing: 2024
Total Revenue$394K
Total Expenses$558K
Total Assets$394K
Grant Records21
Funding Total$522K
Filing Years2020–2024

Mission

VELA EMPOWERS FAMILIIES OF CHILDREN WITH SPECIAL NEEDS THROUGH HANDS ON COURSES, SUPPORT AND COMMUNITY BUILDING.

Officers & Directors

BOARD CHAIR Alex Cantu
SECRETARY Alisyn Diaz
MEMBER Cathy Mchorse
MEMBER Isbel Cobo
BOARD VICE CHAIR Jaqueline Diaz
MEMBER Miguel Morales

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$239,184 6 grants
Health Access Grant
$50,000 2 grants
UNRESTRICTED
$36,250 1 grant
GRANT AWARD IN SUPPORT OF VELA'S 2022 HISPANIC IMPACT FUND PROPOSAL
$31,000 1 grant
ALL TOGETHER ATX
$30,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $394K $558K $394K
2023 $368K $533K $559K
2022 $886K $386K $730K
2021 $302K $336K $227K
2020 $344K $268K $279K

Between 2020 and 2024, reported annual revenue grew from $344K to $394K (+14%), with total assets most recently reported at $394K.

Interactive year-over-year charts and full filing details available with membership.

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