Liabilities / Assets
36th percentile
Higher debt load relative to assets than 36% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
36th percentile
Higher debt load relative to assets than 36% of similar nonprofits.
Liabilities / Revenue
33rd percentile
Higher debt load relative to revenue than 33% of similar nonprofits.
Net Margin
53rd percentile
Higher net margin than 53% of similar nonprofits.
Top Officer Pay
52nd percentile
Higher top officer pay than 52% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
8th percentile
Faster asset growth than 8% of similar nonprofits.
Revenue Growth
52nd percentile
Faster revenue growth than 52% of similar nonprofits.
Assets
Down$564,917
Down $225,408 (-29%) from 2019
Net Assets
Down$563,191
Down $227,134 (-29%) from 2019
Liabilities
Up$1,726
Up $1,726 from 2019
Revenue
Up$761,555
Up $190,316 (+33%) from 2019
Expenses
Down$651,656
Down $31,681 (-4.6%) from 2019
Net Income
Up$109,899
Up $221,997 (+198%) from 2019
The virginia foundation for ld students was established to serve students with financial need whose lives would be transformed by an individualized education. Students supported by this foundation come from a wide range of socioeconomic backgrounds; over 20% of families currently receiving tuition assistance live at or below the federal poverty level. Supporters of this educational foundation secure our ability to offer students critical scholarship funds, while at the same time realizing significant tax savings for donors. The impact of your gift to vflds is truly life changing.
Vflds promotes equitable educational opportunities for low income students with learning differences by providing need-based scholarships and support for specialized academic programs.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $439,295 | $564,917 | ▲ $125,622 |
| Pledges and Grants Receivable | $15,793 | $0 | ▼ $15,793 |
| Total Assets | $455,088 | $564,917 | ▲ $109,829 |
| Liabilities | |||
| Other Liabilities | $110 | $1,726 | ▲ $1,616 |
| Total Liabilities | $110 | $1,726 | ▲ $1,616 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $195,302 | $453,522 | ▲ $258,220 |
| Net Assets With Donor Restrictions | $259,676 | $109,669 | ▼ $150,007 |
| Total Net Assets Fund Balance | $454,978 | $563,191 | ▲ $108,213 |
| Total Liabilities and Net Assets / Fund Balance | $455,088 | $564,917 | ▲ $109,829 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2020 | $109,669 | - | ▲ $60 | $60 | $109,669 |
| 2019 | $109,669 | - | ▲ $49 | $49 | $109,669 |
| 2018 | $109,669 | - | ▲ $49 | $49 | $109,669 |
| 2017 | $109,669 | - | ▲ $180 | $180 | $109,669 |
| 2016 | $109,669 | - | ▲ $55 | $55 | $109,669 |
| Name | Title |
|---|---|
| Dorothy P Mannix | President |
| C Grigsby Scifres | Vice-president |
| Robert Eveleigh | Secretary |
| Joanne L Webster | Treasurer |
| Contribution Type | Contribution Count | Reported Amount |
|---|---|---|
| Securities Publicly Traded | 10 | $501,076 |
| Total Noncash Contributions | 10 | $501,076 |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $627,782 |
| Other Expenses | $15,161 |
| Salaries, Compensation, and Employee Benefits | $8,713 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $627,782 | - | - | $627,782 |
| Other Salaries and Wages | $4,356 | $4,357 | - | $8,713 |
| Fees for Services Accounting | - | $6,700 | - | $6,700 |
| Occupancy | $2,750 | $2,750 | - | $5,500 |
| Insurance | $485 | $486 | - | $971 |
| Fees for Services Legal | - | $275 | - | $275 |
| Other Expenses | - | $237 | - | $237 |
| Total Functional Expenses | $635,373 | $16,283 | $0 | $651,656 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $653,342 |
| Expenses per Audited Statements | $651,656 |
| Total Expenses per Form 990 | $651,656 |
| Expenses Not Reported on Form 990 | $1,686 |
| Expenses Not Reported on Financial Statements | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Chesapeake Bay Academy | Virginia Beach, VA | 501(c)(3) | Financial Aid to Students of Chesapeake Bay Academy and Related Support. | $606,822 |
| New Vistas School of Central Virginia Inc | Lynchburg, VA | 501(c)(3) | Financial Aid to Students of Partner Schools. | $13,288 |
| Northstar Academy Inc | Henrico, VA | 501(c)(3) | Financial Aid to Students of Partner Schools. | $7,672 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Related Party | $1,726 |
“A draft of form 990 is given to all board memebers for review before filing.”
“All board members are required to sign a conflict of interest statement each year.”
“The foundation does not have any arrangements to make its governing documents, conflict of interest policy or financial statements available to the general public. However, these documents are made available to the parties who request them.”
“BAD DEBTS -1,686.”
“The foundation has a committee that assumes responsibility for oversight of the review of its financial statements and selection of an independent accountant.”
“The foundation maintains an endowment fund which was established to provide student financial aid.”
“The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, except on net income derived from unrelated business activities. Internal revenue code section 513(a) defines an unrelated trade or business of an exempt organization as any trade or business which is not substantially related to the exercise or performance of its exempt purpose. Currently, the foundation has no obligation for any unrelated business income tax. The foundation believes it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.”
“BAD DEBTS 1,686.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | VFLDS PROMOTES EQUITABLE EDUCATIONAL OPPORTUNITIES FOR LOW INCOME STUDENTS WITH LEARNING DIFFERENCES BY PROVIDING NEED-BASED SCHOLARSHIPS AND SUPPORT FOR SPECIALIZED ACADEMIC PROGRAMS. |
| IRS990/AllOtherContributionsAmt | 0 | 761495 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7574976200 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 821 BAKER ROAD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | VIRGINIA BEACH |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 23462 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 761495 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 627782 |
| IRS990/CYInvestmentIncomeAmt | 0 | 60 |
| IRS990/CYOtherExpensesAmt | 0 | 15161 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 109899 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 8713 |
| IRS990/CYTotalExpensesAmt | 0 | 651656 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 761555 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 1 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | VFLDS PROMOTES EQUITABLE EDUCATIONAL OPPORTUNITIES FOR LOW INCOME STUDENTS WITH LEARNING DIFFERENCES BY PROVIDING NEED-BASED SCHOLARSHIPS AND SUPPORT FOR SPECIALIZED ACADEMIC PROGRAMS. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 259676 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 109669 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 1 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 635373 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 6700 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 6700 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 275 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 275 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DOROTHY P MANNIX |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | C GRIGSBY SCIFRES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JOANNE L WEBSTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | ROBERT EVELEIGH |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE-PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2009 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantAmt | 0 | 627782 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 627782 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 627782 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 761555 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 486 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 485 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 971 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 60 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 60 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | VA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | VFLDS PROMOTES EQUITABLE EDUCATIONAL OPPORTUNITIES FOR LOW INCOME STUDENTS WITH LEARNING DIFFERENCES BY PROVIDING NEED-BASED SCHOLARSHIPS AND SUPPORT FOR SPECIALIZED ACADEMIC PROGRAMS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 454978 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 563191 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 195302 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 453522 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NoncashContributionsAmt | 0 | 501076 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 2750 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 2750 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 5500 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -1686 |
| IRS990/OtherExpensesGrp/Desc | 0 | BANK FEES |
| IRS990/OtherExpensesGrp/Desc | 1 | ADMINISTRATIVE |
| IRS990/OtherExpensesGrp/Desc | 2 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1063 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 415 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 237 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1063 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 415 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 237 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 110 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 1726 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 4357 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 4356 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 8713 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 15793 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | JOANNE WEBSTER |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 424110 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 699901 |
| IRS990/PYInvestmentIncomeAmt | 0 | 83 |
| IRS990/PYOtherExpensesAmt | 0 | 24840 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -309348 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 8800 |
| IRS990/PYTotalExpensesAmt | 0 | 733541 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 424193 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 109899 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 439295 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 564917 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 761495 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 424110 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 571190 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 716757 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 893592 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 3367144 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 60 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 83 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 49 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 180 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 56 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 428 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.69750 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.71840 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 2348737 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 1018407 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 761495 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 424110 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 571190 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 716757 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 893592 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 3367144 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 3367572 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 109669 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 109669 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 60 |
| IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt | 0 | 60 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 109669 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 109669 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 49 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 49 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 109669 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 109669 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 49 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 49 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 109669 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 109669 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 180 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 180 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 109669 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 109669 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 55 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt | 0 | 55 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 1686 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 651656 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 1686 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 1726 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO RELATED PARTY |
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| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION MAINTAINS AN ENDOWMENT FUND WHICH WAS ESTABLISHED TO PROVIDE STUDENT FINANCIAL AID. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. INTERNAL REVENUE CODE SECTION 513(A) DEFINES AN UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION AS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. CURRENTLY, THE FOUNDATION HAS NO OBLIGATION FOR ANY UNRELATED BUSINESS INCOME TAX. THE FOUNDATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | BAD DEBTS 1,686. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART V, LINE 4: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
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| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 13288 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 2 | 7672 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(C)(3) |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 1 | 501(C)(3) |
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| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | FINANCIAL AID TO STUDENTS OF PARTNER SCHOOLS. |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 2 | FINANCIAL AID TO STUDENTS OF PARTNER SCHOOLS. |
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| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 1 | NEW VISTAS SCHOOL OF CENTRAL VIRGINIA INC |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 2 | NORTHSTAR ACADEMY INC |
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| IRS990ScheduleI/RecipientTable/RecipientEIN | 1 | 541273630 |
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| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 2 | 8055 SHRADER ROAD |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | VIRGINIA BEACH |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 1 | LYNCHBURG |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 2 | HENRICO |
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| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 1 | VA |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 2 | VA |
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| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 1 | 24501 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 2 | 23294 |
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| IRS990ScheduleM/AnyPropertyThatMustBeHeldInd | 0 | 0 |
| IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd | 0 | 0 |
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| IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd | 0 | X |
| IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt | 0 | 501076 |
| IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt | 0 | NUMBER OF CONTRIBUTIONS REPRESENTS NUMBER OF CONTRIBUTIONS RECEIVED, NOT THE AMOUNT OF STOCK RECEIVED. |
| IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, COLUMN (B): |
| IRS990ScheduleM/ThirdPartiesUsedInd | 0 | 0 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | A DRAFT OF FORM 990 IS GIVEN TO ALL BOARD MEMEBERS FOR REVIEW BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ALL BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT EACH YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE FOUNDATION DOES NOT HAVE ANY ARRANGEMENTS TO MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. HOWEVER, THESE DOCUMENTS ARE MADE AVAILABLE TO THE PARTIES WHO REQUEST THEM. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | BAD DEBTS -1,686. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE FOUNDATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE REVIEW OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART XI, LINE 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XII, LINE 2C: |
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| IRS990/USAddress/AddressLine1Txt | 0 | 821 BAKER ROAD |
| IRS990/USAddress/CityNm | 0 | VIRGINIA BEACH |
| IRS990/USAddress/StateAbbreviationCd | 0 | VA |
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| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
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| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOANNE WEBSTER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7574976200 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-04-27 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | VIRGINIA FOUNDATION FOR LD STUDENTS |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VIRG |
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| ReturnHeader/Filer/PhoneNum | 0 | 7574976200 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 821 BAKER ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | VIRGINIA BEACH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.