Civic Intelligence

Podium Foundation

990 • Fiscal year 2020 • EIN 26-1877724

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 03, 2021

200 S 3rd StRichmond, VA 23219

(804) 788-5912

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.07x

Higher debt load relative to assets than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

74th percentile

0.08x

Higher debt load relative to revenue than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

91st percentile

59%

Higher net margin than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

93rd percentile

$54,890

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 16.4% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$354,390

No earlier filing loaded for comparison.

Net Assets

$328,437

No earlier filing loaded for comparison.

Liabilities

$25,953

No earlier filing loaded for comparison.

Revenue

$334,610

No earlier filing loaded for comparison.

Expenses

$136,714

No earlier filing loaded for comparison.

Net Income

$197,896

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2020: $354,390Liabilities 2020: $25,953Net Assets 2020: $328,4372020Assets 2021: $661,508Liabilities 2021: $19,960Net Assets 2021: $641,5482021Assets 2022: $710,084Liabilities 2022: $0Net Assets 2022: $710,0842022Assets 2023: $646,571Liabilities 2023: $0Net Assets 2023: $646,5712023Assets 2024: $315,161Liabilities 2024: $0Net Assets 2024: $315,1612024

Highlighted filing

2020

Assets$354,390
Liabilities$25,953
Net Assets$328,437

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2020: $334,610Expenses 2020: $136,714Net Income 2020: $197,8962020Revenue 2021: $438,854Expenses 2021: $133,347Net Income 2021: $305,5072021Revenue 2022: $311,093Expenses 2022: $239,680Net Income 2022: $71,4132022Revenue 2023: $242,677Expenses 2023: $306,190Net Income 2023: -$63,5132023Revenue 2024: $279,368Expenses 2024: $279,766Net Income 2024: -$3982024

Highlighted filing

2020

Revenue$334,610
Expenses$136,714
Net Income$197,896
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 3, 2021
Return Version
2020v4.0
Gross Receipts
$343,139
Mission and Program Overview

Mission

Podium provides Richmond, VA youth ages 10-19, over 70% of whom live near or below the poverty line, opportunities to explore their passion for the literary arts while improving

Podium provides Richmond, VA youth ages 10-19, over 70% of whom live near or below the poverty line, opportunities to explore their passion for the literary arts while improving essential writing and communication skills. Curriculum includes writing units in creative expression, expository writing, STEM, collegiate and workforce development, debate, and social action. Programs also include family writing to encourage healthy communication practices.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$151,232$124,267▼ $26,965
Savings and Temporary Cash Investments$0$50,210▲ $50,210
Accounts Receivable$14,062$27,032▲ $12,970
Loans From Officers Directors$27,000$17,000▼ $10,000
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$165,294$354,390▲ $189,096
Other Assets Total$0$152,881▲ $152,881
Liabilities
Other Liabilities$7,753$8,953▲ $1,200
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$34,753$25,953▼ $8,800
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$130,541$328,437▲ $197,896
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$130,541$328,437▲ $197,896
Total Liabilities and Net Assets / Fund Balance$165,294$354,390▲ $189,096

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$152,881--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$0$152,830▲ $52$0$152,816
2019$0$0→ $0$0$0
2018$0$0→ $0$0$0
2017$0$0→ $0$0$0
2016$0$0→ $0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Victoria YeroianExecutive DirectorFT$54,890$54,890

Board Members and Trustees

NameTitle
Kristin WalinskiBoard Chair
Kim Van HussVice Chair
David RobbinsCo-Founder & Trustee
Beth DavisDirector
Deanna LorianniDirector
Eddie CampDirector
Jerry HowardDirector
Marshall HermanDirector
Rob ShinnDirector
Trina WillardDirector
Scott HammerDirector & Trustee
Bob HalloranSecretary
Ta'Brielle RobertsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$326,255
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$8,355
All Other Contributions
$294,980
Change in Net Assets
$197,896
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$99,514
Other Expenses$31,200
Total Fundraising Expense$14,912
Grants and Similar Amounts Paid$6,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$39,480$6,580$6,580$52,640
Other Salaries and Wages$27,956$1,922$7,282$37,160
Occupancy$8,496$2,124$0$10,620
Payroll Taxes$5,971$1,119$373$7,463
Grants to Domestic Orgs$6,000--$6,000
Information Technology$4,646$1,161$0$5,807
Office Expenses$3,069$767$0$3,836
Fees for Services Management$3,040$760$0$3,800
Fees for Services Other$2,146$537$0$2,683
Fees for Services Accounting$1,200$1,200$0$2,400
Other Employee Benefits$1,125$563$563$2,251
Advertising$650$0$114$764
Insurance$640$0$0$640
Conferences and Meetings$450$0$0$450
Fees for Services Legal$200$0$0$200
Total Functional Expenses$105,069$16,733$14,912$136,714
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Frontline WritersRichmond, VA501c3Writing program facilitation.$6,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$16,884
Fundraising Direct Expenses$8,529
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
RVA Celebrity Dish$16,884$16,884$529$16,355
Total Events$16,884$16,884$8,529$8,355
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$27,000$17,000▼ $10,000
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Part VI, Lines 11b, 12c, and 19. The organization provided a complete copy of the Form 990 and schedules to all directors of the governing body prior to filling. All directors of the governing body were provided a tutorial of the form in which the Executive Committee reviewed the form's major purposes. The organization, as part of its governance duties, conducts an annual review with Board members and key employees to ensure Conflict of Interest forms are current. The Executive Committee conducts these interviews. The organization makes its governing documents, COI policy, and annual financial statements available to the public through the following methods: linking to Podium's Guidestar giving profile, updating an organizational annual report on its website, and upon request.

Form 990, Part VI, Section B, Line 12C

Part VI, Lines 11b, 12c, and 19. The organization provided a complete copy of the Form 990 and schedules to all directors of the governing body prior to filling. All directors of the governing body were provided a tutorial of the form in which the Executive Committee reviewed the form's major purposes. The organization, as part of its governance duties, conducts an annual review with Board members and key employees to ensure Conflict of Interest forms are current. The Executive Committee conducts these interviews. The organization makes its governing documents, COI policy, and annual financial statements available to the public through the following methods: linking to Podium's Guidestar giving profile, updating an organizational annual report on its website, and upon request.

Form 990, Part VI, Section C, Line 19

Part VI, Lines 11b, 12c, and 19. The organization provided a complete copy of the Form 990 and schedules to all directors of the governing body prior to filling. All directors of the governing body were provided a tutorial of the form in which the Executive Committee reviewed the form's major purposes. The organization, as part of its governance duties, conducts an annual review with Board members and key employees to ensure Conflict of Interest forms are current. The Executive Committee conducts these interviews. The organization makes its governing documents, COI policy, and annual financial statements available to the public through the following methods: linking to Podium's Guidestar giving profile, updating an organizational annual report on its website, and upon request.

Filing and Contact Details

Filer

Filer Name
Podium Foundation
EIN
26-1877724
Phone
8047885912
Address
200 S 3rd St, Richmond, VA 23219
Doing Business As
Podium RVA

Signing Officer

Name
Victoria Yeroian
Title
Executive Director
Phone
8046145030
Signed
2021-11-03

Organization Details

Principal Officer
Victoria Yeroian
Formed
2008
Legal Domicile
Va
Voting Board Members
13
Independent Board Members
13
Employees
5
Volunteers
8
Supplemental Narrative

Additional Explanations

Form 990, Header, Line B

Referencing: 0422614611. Podium Foundation submitted a paper 2020 990 on April 14, 2021, and it was stamped received on April 21, 2021. On Oct 26, 2021, Podium Foundation received a letter from the IRS returning our 2020 990. The letter indicated that Podium Foundation is now required to e-file our 990. Our explanation for a now late return is not receiving notification of an e-file requirement prior to filing our 2020 990 on April 14, 2021. Podium Foundation submitted all required paperwork on time and requests no penalty or fees be associated with this refiling of our 2020 990 electronically. Thank you for your consideration.

Financial Statement Notes

Schedule D, Part V, Line 4

Podium's intended use of endowment funds are three fold: 1st, the organization will use the endowment to ensure long-term longevity of annual youth community services provided. 2nd, the organization will use the endowment to distribute annual college scholarships for recent program graduates. 3rd, the organization will use the endowment to provide professional development and training opportunities for current program teen participants and recent program graduates.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Co-Founder & Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director & Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
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IRS990/MissionDesc0Podium provides Richmond, VA youth ages 10-19, over 70% of whom live near or below the poverty line, opportunities to explore their passion for the literary arts while improving essential writing and communication skills. Curriculum includes writing units in creative expression, expository writing, STEM, collegiate and workforce development, debate, and social action. Programs also include family writing to encourage healthy communication practices.
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