Civic Intelligence

Powhatan Education Foundation

990EZ • Fiscal year 2019 • EIN 45-2997389

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 29, 2021

4290 Anderson HighwayPowhatan, VA 23139

(804) 514-9856

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

69th percentile

15%

Higher net margin than 69% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

54th percentile

4.4%

Faster asset growth than 54% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

13th percentile

-40%

Faster revenue growth than 13% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$67,272

Up $2,839 (+4.4%) from 2018

Net Assets

Up

$67,272

Up $2,839 (+4.4%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$19,555

Down $13,186 (-40%) from 2018

Expenses

Down

$16,716

Down $5,442 (-25%) from 2018

Net Income

Down

$2,839

Down $7,744 (-73%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2017: $53,850Liabilities 2017: $02017Assets 2018: $64,433Net Assets 2018: $64,4332018Assets 2019: $67,272Net Assets 2019: $67,2722019Assets 2020: $41,680Liabilities 2020: $0Net Assets 2020: $41,6802020Assets 2021: $52,718Liabilities 2021: $0Net Assets 2021: $52,7182021Assets 2022: $102,493Liabilities 2022: $0Net Assets 2022: $102,4932022Assets 2023: $166,533Liabilities 2023: $0Net Assets 2023: $166,5332023Assets 2024: $135,675Liabilities 2024: $0Net Assets 2024: $135,6752024

Highlighted filing

2019

Assets$67,272
Liabilities-
Net Assets$67,272

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2017: $67,374Expenses 2017: $13,524Net Income 2017: $53,8502017Revenue 2018: $32,741Expenses 2018: $22,158Net Income 2018: $10,5832018Revenue 2019: $19,555Expenses 2019: $16,716Net Income 2019: $2,8392019Revenue 2020: $390,224Expenses 2020: $415,816Net Income 2020: -$25,5922020Revenue 2021: $637,557Expenses 2021: $626,519Net Income 2021: $11,0382021Revenue 2022: $568,638Expenses 2022: $518,863Net Income 2022: $49,7752022Revenue 2023: $529,894Expenses 2023: $465,854Net Income 2023: $64,0402023Revenue 2024: $451,618Expenses 2024: $483,475Net Income 2024: -$31,8572024

Highlighted filing

2019

Revenue$19,555
Expenses$16,716
Net Income$2,839
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 29, 2021
Return Version
2018v3.1
Gross Receipts
$26,469
Mission and Program Overview

Mission

To provide a vehicle for contributions and application for grants to help supplement funds for instructional materials, equipment, and all types of resources to enhance education for all levels of the Powhatan County Public Schools.

Program Services

DescriptionGrantsExpenses
The purpose of the Classroom Innovation Grants is to promote innovative educational opportunities by funding individual or groups of Powhatan School Teachers, Librarians, and Counselors who submit a proposal for projects that use innovation and collaboration to achieve the County's curricular goals and to enhance the learning experience for Powhatan students.-$14,293
Teacher of the Year awards recognize those Individuals who display exemplary character and dedication in their various fields of study.-$1,800
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carolyn WhitePresident-$0--
Sammy FrameTreasurer-$0--
Patti MulherinSecretary-$0--
Avis GatesBoard Member-$0--
Carol BaltimoreBoard Member-$0--
Lynne BradburyBoard Member-$0--
David PrinceBoard Member-$0--
Eric Jones non-votingBoard Member-$0--
Lynn Clayton non-votingBoard Member-$0--
Debbie EllisBoard Member-$0--
Holly SmithBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$17,304$6,286$6,496$-210
Total Events$17,304$6,286$6,914$-628
Filing and Contact Details

Filer

Filer Name
Powhatan Education Foundation
EIN
45-2997389
Phone
8045149856
Address
4290 Anderson Highway, Powhatan, VA 23139

Signing Officer

Name
Holly Smith
Title
President
Signed
2021-10-29
Discuss with paid preparer
Yes

Preparer

Firm
Stephen M Ragland Ltd
Address
7204 Glen Forest Drive Suite 300, Richmond, VA 23226
Preparer
Elaine M Ragland CPA
Phone
8042888516
Supplemental Narrative

Additional Explanations

Other Revenue.1

Miscellaneous $16

Other Expenses.1

Bank Fees $448

Teacher of the Year Awards

Teacher of the Year Awards

Grants

Grants

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Powhatan Education Foundation
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0co Powhatan County Public Schools
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ReturnHeader/Filer/EIN0452997389
ReturnHeader/Filer/PhoneNum08045149856
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ReturnHeader/PreparerPersonGrp/PhoneNum08042888516
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Elaine M Ragland CPA
ReturnHeader/ReturnTs02021-10-29T05:04:37-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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