Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 06-1820291 • 501(c)3 • Leesburg, VA
Profile
The mission of the foundation is to support and broaden the health and prosperity of the hospitality and tourism industry in loudoun county, virginia.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
89th percentile
Higher net margin than 89% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
77th percentile
Faster asset growth than 77% of similar nonprofits.
Revenue Growth
85th percentile
Faster revenue growth than 85% of similar nonprofits.
Assets
Up$46,459
Up $8,683 (+23%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$46,459
Up $8,683 (+23%) from 2023
Revenue
Up$18,383
Up $6,308 (+52%) from 2023
Expenses
Down$9,700
Down $5,700 (-37%) from 2023
Net Income
Up$8,683
Up $12,008 (+361%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The mission of the foundation is to support and broaden the health and prosperity of the hospitality and tourism industry in loudoun county, virginia through sponsoring research, collaborating with educational schools and colleges, supporting scholarships and supporting member and industry related activities.
| Description | Grants | Expenses |
|---|---|---|
| TO RAISE AND DISTRIBUTE FUNDS FOR SCHOLARSHIPS TO BENEFIT INDIVIDUALS STUDYING AND TRAINING IN THE HOSPITALITY FIELD. | $9,700 | $9,700 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TONY STAFFORD | Chair | - | $0 | - | - |
| ERIN LOMBARDI | Vice Chair | - | $0 | - | - |
| BETH ERICKSON | Secretary/Tr | - | $0 | - | - |
| RONDA POWELL | Director | - | $0 | - | - |
| VICKY MELBY | Director | - | $0 | - | - |
| GRANT SCHAEFER | Director | - | $0 | - | - |
| LESLY CONNOLLY | Director | - | $0 | - | - |
| DENISE ROWELL | Director | - | $0 | - | - |
| MARK TREADAWAY | Director | - | $0 | - | - |
“Academic scholarship 2,500 18 deca scholarships 7,200 total grants 9,700”
“CASH CONTRIBUTION: 9,700”
“Accounts receivable 1,200 4,900 total 1,200 4,900”
“The mission of the foundation is to support and broaden the health and prosperity of the hospitality and tourism industry in loudoun county, virginia through sponsoring research, collaborating with educational schools and colleges, supporting scholarships and supporting member and industry related activities.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE FOUNDATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7037712170 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 112 SOUTH STREET SE 200 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LEESBURG |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 20175 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 36576 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 41559 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 11684 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 8683 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 37776 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 46459 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 6594 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 9700 |
| IRS990EZ/GrossReceiptsAmt | 0 | 18383 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 105 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 37776 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 46459 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 37776 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 46459 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | TONY STAFFORD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ERIN LOMBARDI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | BETH ERICKSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | RONDA POWELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | VICKY MELBY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | GRANT SCHAEFER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | LESLY CONNOLLY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | DENISE ROWELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | MARK TREADAWAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY/TR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1200 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4900 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE MISSION OF THE FOUNDATION IS TO SUPPORT AND BROADEN THE HEALTH AND PROSPERITY OF THE HOSPITALITY AND TOURISM INDUSTRY IN LOUDOUN COUNTY, VIRGINIA THROUGH SPONSORING RESEARCH, COLLABORATING WITH EDUCATIONAL SCHOOLS AND COLLEGES, SUPPORTING SCHOLARSHIPS AND SUPPORTING MEMBER AND INDUSTRY RELATED ACTIVITIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO RAISE AND DISTRIBUTE FUNDS FOR SCHOLARSHIPS TO BENEFIT INDIVIDUALS STUDYING AND TRAINING IN THE HOSPITALITY FIELD. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 9700 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 9700 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 6594 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 9700 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 9700 |
| IRS990EZ/TotalRevenueAmt | 0 | 18383 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | VISITLOUDOUN.ORG |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | true |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THE SUPPORTING ORGANIZATION HAS ACCESS TO THE SUPPORTED ORGANIZATION'S ANNUAL FINANCIAL REPORT AND FORM 990. THROUGH REVIEW OF THESE DOCUMENTS, THEY CAN DETERMINE THAT THE SUPPORTED ORGANIZATION SATISFIES THE PUBLIC SUPPORT TEST. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | THE SUPPORTING ORGANIZATION HAS ACCESS TO THE SUPPORTED ORGANIZATION'S ANNUAL FINANCIAL REPORT AND FORM 990. THROUGH REVIEW OF THESE DOCUMENTS, THEY CAN DETERMINE THAT THE SUPPORTED ORGANIZATION USED FUNDS APPROPRIATELY. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART IV, SECTION A, LINE 3B |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 1 | PART IV, SECTION A, LINE 3C |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 541593470 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 7 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | LOUDOUN CONVENTION & VISITORS ASSOCIATION |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACADEMIC SCHOLARSHIP 2,500 18 DECA SCHOLARSHIPS 7,200 TOTAL GRANTS 9,700 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | CASH CONTRIBUTION: 9,700 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 1,200 4,900 TOTAL 1,200 4,900 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE MISSION OF THE FOUNDATION IS TO SUPPORT AND BROADEN THE HEALTH AND PROSPERITY OF THE HOSPITALITY AND TOURISM INDUSTRY IN LOUDOUN COUNTY, VIRGINIA THROUGH SPONSORING RESEARCH, COLLABORATING WITH EDUCATIONAL SCHOOLS AND COLLEGES, SUPPORTING SCHOLARSHIPS AND SUPPORTING MEMBER AND INDUSTRY RELATED ACTIVITIES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY, OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | BETH ERICKSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY/TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7037712170 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | VISIT LOUDOUN FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VISI |
| ReturnHeader/Filer/EIN | 0 | 061820291 |
| ReturnHeader/Filer/PhoneNum | 0 | 7037712170 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 112 SOUTH STREET SE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LEESBURG |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 20176 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 541853459 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MITCHELL BURNS & CO PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 110 E MARKET ST STE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LEESBURG |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 20176 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7037774900 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-11-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SANDRA TONDREAU |
| ReturnHeader/ReturnTs | 0 | 2024-11-12T13:29:59-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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