Civic Intelligence

Bristol Virginia Public Schools Education Foundation

EIN 45-2065599 • 501(c)3 • Bristol, VA

Profile

The BVPS Foundation's mission is to enhance a world class education for every student in the Bristol Virginia Public Schools.

220 Lee StreetBristol, VA 24201

www.bvpsfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.07x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

91st percentile

0.85x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

1st percentile

-447%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

63rd percentile

$35,431

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 66.8% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

11th percentile

-26%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

2nd percentile

-78%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$697,837

Up $109,321 (+19%) from 2022

Liabilities

Up

$132,400

Up $132,400 from 2022

Net Assets

Down

$565,437

Down $23,079 (-3.9%) from 2022

Revenue

Down

$57,923

Down $15,396 (-21%) from 2022

Expenses

Up

$97,415

Up $38,540 (+65%) from 2022

Net Income

Down

-$39,492

Down $53,936 (-373%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2012: $5,004,030Liabilities 2012: $2,349,551Net Assets 2012: $2,654,4792012Assets 2013: $3,834,414Liabilities 2013: $1,077,812Net Assets 2013: $2,756,6022013Assets 2014: $3,767,210Liabilities 2014: $890,256Net Assets 2014: $2,876,9542014Assets 2015: $3,735,039Liabilities 2015: $917,414Net Assets 2015: $2,817,6252015Assets 2016: $3,672,728Liabilities 2016: $729,913Net Assets 2016: $2,942,8152016Assets 2017: $4,974,046Liabilities 2017: $542,413Net Assets 2017: $4,431,6332017Assets 2018: $488,977Liabilities 2018: $431Net Assets 2018: $488,5462018Assets 2019: $544,662Liabilities 2019: $3,191Net Assets 2019: $541,4712019Assets 2020: $576,868Liabilities 2020: $0Net Assets 2020: $576,8682020Assets 2021: $647,874Liabilities 2021: $0Net Assets 2021: $647,8742021Assets 2022: $588,516Liabilities 2022: $0Net Assets 2022: $588,5162022Assets 2023: $697,837Liabilities 2023: $132,400Net Assets 2023: $565,4372023

Highlighted filing

2023

Assets$697,837
Liabilities$132,400
Net Assets$565,437

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $3,581,466Expenses 2012: $946,622Net Income 2012: $2,634,8442012Revenue 2013: $169,655Expenses 2013: $67,532Net Income 2013: $102,1232013Revenue 2014: $186,408Expenses 2014: $66,056Net Income 2014: $120,3522014Revenue 2015: $143,460Expenses 2015: $46,507Net Income 2015: $96,9532015Revenue 2016: $143,863Expenses 2016: $59,096Net Income 2016: $84,7672016Revenue 2017: $179,151Expenses 2017: $91,409Net Income 2017: $87,7422017Revenue 2018: $213,578Expenses 2018: $148,945Net Income 2018: $64,6332018Revenue 2019: $54,296Expenses 2019: $36,824Net Income 2019: $17,4722019Revenue 2020: $30,650Expenses 2020: $48,847Net Income 2020: -$18,1972020Revenue 2021: $95,827Expenses 2021: $25,259Net Income 2021: $70,5682021Revenue 2022: $73,319Expenses 2022: $58,875Net Income 2022: $14,4442022Revenue 2023: $57,923Expenses 2023: $97,415Net Income 2023: -$39,4922023

Highlighted filing

2023

Revenue$57,923
Expenses$97,415
Net Income-$39,492

Filings

Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 14, 2023
Return Version
2021v4.1
Gross Receipts
$99,388
Mission and Program Overview

Mission

The BVPS Foundations mission is to enhance a world class education for every student in the Bristol Virginia Public Schools.

The BVPS Foundation's mission is to enhance a world class education for every student in the Bristol Virginia Public Schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$592,406$506,476▼ $85,930
Cash and Non-Interest-Bearing Accounts$55,468$82,040▲ $26,572
Land, Buildings, and Equipment, Net$0--
Total Assets$647,874$588,516▼ $59,358
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$640,948$581,590▼ $59,358
Net Assets With Donor Restrictions$6,926$6,926→ $0
Total Net Assets Fund Balance$647,874$588,516▼ $59,358
Total Liabilities and Net Assets / Fund Balance$647,874$588,516▼ $59,358

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$0--
Other Securities$506,476--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Vicie A DotsonExecutive Director$15,324$15,324

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$17,380
Program Service Revenue
$0
Investment Income
$48,515
Other Revenue
$7,424
All Other Contributions
$17,380
Change in Net Assets
$14,444
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$24,367
Other Expenses$18,012
Salaries, Compensation, and Employee Benefits$16,496
Total Fundraising Expense$43
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$24,367--$24,367
Current Officers, Directors, Trustees, and Key Employees$7,662$7,662$0$15,324
Fees for Service Investment Mgmnt Fees$0$8,029$0$8,029
Fees for Services Accounting$0$5,750$0$5,750
Insurance$0$2,126$0$2,126
Other Expenses$0$1,200$0$1,200
Payroll Taxes$586$586$0$1,172
All Other Expenses$0$353$43$396
Office Expenses$0$271$0$271
Conferences and Meetings$79$0$0$79
Total Functional Expenses$32,694$26,138$43$58,875
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$33,493
Fundraising Direct Expenses$26,069
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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
Filing and Contact Details

Filer

Filer Name
Bristol Virginia Public Schools Education Foundation
EIN
45-2065599
Phone
2768215600
Address
220 LEE STREET, BRISTOL, VA 24201

Signing Officer

Name
Debi Denney
Title
Secretary/finance
Phone
2768215600
Signed
2023-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donna Hale
Formed
2012
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
0
Employees
1
Volunteers
0

Preparer

Firm
Olinger & Associates Pllc
Address
601 VOLUNTEER PKWY SUITE C, BRISTOL, TN 37620
Preparer
Judy S Olinger CPA
Phone
4239893387
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The President and Treasurer of the BOD presents to the full board before filing of the 990.

Pt VI, Line 12C

Each member must affirm in writing annually and is monitored throughout the year by the BOD.

Pt VI, Line 15A

The BOD reviews and approves the salary of Executive Director annually.

Pt VI, Line 19

The Organization's governing documents, conflict of interest policy and financial statements are available during normal business hours at the Organizations's office.

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IRS990/ReportOtherLiabilitiesInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlDecidingGrntFrgnOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0true
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0546001160
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt017490
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Bristol Virginia Public Schools
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt017490
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENT IN RELATED COMPANIES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0506476
IRS990ScheduleD/OtherSecuritiesGrp/Desc0EQUITIES/BONDS VARIOUS SECTORS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueOtherAssetsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0506476
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The President and Treasurer of the BOD presents to the full board before filing of the 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each member must affirm in writing annually and is monitored throughout the year by the BOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The BOD reviews and approves the salary of Executive Director annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization's governing documents, conflict of interest policy and financial statements are available during normal business hours at the Organizations's office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Bristol Virginia Public School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0546001160
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (C) (3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Public School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Type III FI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0220 Lee Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Bristol
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd024201
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt012198
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0Grants/Creative Classroom
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1Free Rent
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Contributions to BVPS from Foundation
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1Donated Facility
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0b
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1n
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0647874
IRS990/TotalAssetsEOYAmt0588516
IRS990/TotalAssetsGrp/BOYAmt0647874
IRS990/TotalAssetsGrp/EOYAmt0588516

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