Civic Intelligence

Virginia Highlands Community College Educational Foundation Inc.

990 • Fiscal year 2018 • EIN 52-1225133

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 21, 2018

Organization ProfileN/A
PO Box 828Abingdon, VA 24212

(276) 739-2473

Siviq Scores

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

Liabilities / Assets

36th percentile

0.07x

Higher debt load relative to assets than 36% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

32nd percentile

0.08x

Higher debt load relative to revenue than 32% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

94th percentile

68%

Higher net margin than 94% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

97th percentile

130%

Faster asset growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

98th percentile

299%

Faster revenue growth than 98% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$5,035,622

Up $2,846,865 (+130%) from 2017

Net Assets

Up

$4,695,622

Up $2,956,865 (+170%) from 2017

Liabilities

Down

$340,000

Down $110,000 (-24%) from 2017

Revenue And Expenses
Liabilities / Revenue32nd percentileNet Margin94th percentile

Revenue

Up

$4,336,863

Up $3,250,445 (+299%) from 2017

Expenses

Up

$1,379,998

Up $327,786 (+31%) from 2017

Net Income

Up

$2,956,865

Up $2,922,659 (+8544%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$15M$10M$5.0M$0Assets 2011: $1,537,876Liabilities 2011: $83,163Net Assets 2011: $1,454,7132011Assets 2012: $1,653,978Liabilities 2012: $77,932Net Assets 2012: $1,576,0462012Assets 2013: $1,595,508Liabilities 2013: $96,718Net Assets 2013: $1,498,7902013Assets 2014: $1,714,648Liabilities 2014: $41,705Net Assets 2014: $1,672,9432014Assets 2015: $1,947,787Liabilities 2015: $28,241Net Assets 2015: $1,919,5462015Assets 2016: $1,911,893Liabilities 2016: $207,342Net Assets 2016: $1,704,5512016Assets 2017: $2,188,757Liabilities 2017: $450,000Net Assets 2017: $1,738,7572017Assets 2018: $5,035,622Liabilities 2018: $340,000Net Assets 2018: $4,695,6222018Assets 2019: $5,259,242Liabilities 2019: $7,105Net Assets 2019: $5,252,1372019Assets 2020: $5,484,043Liabilities 2020: $19,315Net Assets 2020: $5,464,7282020Assets 2021: $7,575,672Liabilities 2021: $289,235Net Assets 2021: $7,286,4372021Assets 2022: $7,240,510Liabilities 2022: $548,139Net Assets 2022: $6,692,3712022Assets 2023: $7,999,764Liabilities 2023: $109,306Net Assets 2023: $7,890,4582023Assets 2024: $11,486,426Liabilities 2024: $132,042Net Assets 2024: $11,354,3842024Assets 2025: $11,947,638Liabilities 2025: $59,568Net Assets 2025: $11,888,0702025

Highlighted filing

2018

Assets$5,035,622
Liabilities$340,000
Net Assets$4,695,622
Open 2018 Filing

Operations Trend

Revenue Growth98th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $791,749Expenses 2011: $554,894Net Income 2011: $236,8552011Revenue 2012: $923,877Expenses 2012: $776,785Net Income 2012: $147,0922012Expenses 2013: $704,1882013Revenue 2014: $771,180Expenses 2014: $597,027Net Income 2014: $174,1532014Revenue 2015: $845,554Expenses 2015: $598,951Net Income 2015: $246,6032015Revenue 2016: $1,087,881Expenses 2016: $1,302,876Net Income 2016: -$214,9952016Revenue 2017: $1,086,418Expenses 2017: $1,052,212Net Income 2017: $34,2062017Revenue 2018: $4,336,863Expenses 2018: $1,379,998Net Income 2018: $2,956,8652018Revenue 2019: $1,059,688Expenses 2019: $503,189Net Income 2019: $556,4992019Revenue 2020: $988,084Expenses 2020: $775,494Net Income 2020: $212,5902020Revenue 2021: $2,446,103Expenses 2021: $621,069Net Income 2021: $1,825,0342021Revenue 2022: $633,682Expenses 2022: $842,327Net Income 2022: -$208,6452022Revenue 2023: $1,426,155Expenses 2023: $409,084Net Income 2023: $1,017,0712023Revenue 2024: $3,753,756Expenses 2024: $424,057Net Income 2024: $3,329,6992024Revenue 2025: $1,354,209Expenses 2025: $876,475Net Income 2025: $477,7342025

Highlighted filing

2018

Revenue$4,336,863
Expenses$1,379,998
Net Income$2,956,865
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 21, 2018
Return Version
2017v2.3
Gross Receipts
$4,370,766
Mission and Program Overview

Mission

SCHOLARSHIPS/ED. ASSIST.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,132,990$3,994,778▲ $2,861,788
Land, Buildings, and Equipment, Net$105,037$552,825▲ $447,788
Pledges and Grants Receivable$470,997--
Cash and Non-Interest-Bearing Accounts$318,148$326,132▲ $7,984
Savings and Temporary Cash Investments$161,585$161,887▲ $302
Total Assets$2,188,757$5,035,622▲ $2,846,865
Liabilities
Grants Payable$450,000$335,000▼ $115,000
Accounts Payable and Accrued Expenses-$5,000-
Total Liabilities$450,000$340,000▼ $110,000
Net Assets / Fund Balance
Permanently Rstr Net Assets$453,166$3,688,942▲ $3,235,776
Temporarily Rstr Net Assets$1,129,454$842,531▼ $286,923
Unrestricted Net Assets$156,137$164,149▲ $8,012
Total Net Assets Fund Balance$1,738,757$4,695,622▲ $2,956,865
Total Liabilities and Net Assets / Fund Balance$2,188,757$5,035,622▲ $2,846,865

Asset Categories

AssetBook ValueDepreciationBasis
Land$462,627-$461,127
Other Land Buildings$51,750--
Equipment$18,768$55,622-
Leasehold Improvements$19,680$25,154-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$1,132,991$3,137,500▲ $129,017$382,908$3,994,778
2016$1,067,365$24,376▲ $50,894-$1,132,991
2015$1,072,029-▲ $5,174-$1,067,365
2014$1,077,200-▲ $4,925-$1,072,029
2013$980,240-▲ $106,540-$1,077,200
Compensation and Service Providers
Top Officer Pay20th percentile

Board Members and Trustees

NameTitle
Dale CookChair
Bill RushVice Chair
Bobby GriffinDirector
Carol TrammellDirector
Catherine BrillhartDirector
Charlie WhiteDirector
David CollinsDirector
George F Helms IvDirector
Jack FrostDirector
Jim MaxwellDirector
Joe StratenDirector
Lynn OsborneDirector
Mark GoodmanDirector
Mary BegleyDirector
Regina BelcherDirector
Tal McbrideDirector
Virgil WimmerDirector
Laura PenningtonExecutive Di
Roberta LooneySecretary
Mike SpieglerTreasurer
Christine FieldsVhcc-VP
Revenue and Support

Revenue Composition

Contributions and Grants
$4,210,526
Program Service Revenue
$0
Investment Income
$129,619
Other Revenue
$-3,282
All Other Contributions
$4,210,526
Change in Net Assets
$2,956,865

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$225,875
Total Noncash Contributions1$225,875

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,336,863
Total Revenue per Audited Statements
$4,336,863
Total Revenue per Form 990
$4,336,863
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$957,188
Other Expenses$352,558
Total Fundraising Expense$94,232
Professional Fundraising Fees$70,252
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$887,109--$887,109
Fees for Services Professional Fundraising--$70,252$70,252
Grants to Domestic Individuals$70,079--$70,079
Fees for Service Investment Mgmnt Fees-$21,822-$21,822
Other Expenses$13,246-$23,980$13,246
All Other Expenses$10,584$1,850-$12,434
Depreciation Depletion$6,106$6,106-$12,212
Fees for Services Accounting-$6,700-$6,700
Travel-$2,757-$2,757
Office Expenses$2,622--$2,622
Insurance-$806-$806
Fees for Services Other-$513-$513
Advertising-$245-$245
Fees for Services Legal-$100-$100
Total Functional Expenses$1,244,867$40,899$94,232$1,379,998

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,379,998
Total Expenses per Audited Statements$1,379,998
Total Expenses per Form 990$1,379,998
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Virginia Highlands Comm CollegeAbingdon, VA-Faculty Support$887,109
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$70,252
Fundraising Direct Expenses$33,903
Fundraising Gross Income$30,621

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Songwriters Fes$21,638$21,638$6,319$15,319
Total Events$21,638$21,638$27,028$-5,390
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
No
Audit committee
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Directors review form 990 prior to filing. The treasurer of the organization is a certified public accountant.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Virginia Highlands Foundation Inc
EIN
52-1225133
Phone
2767392473
Address
PO BOX 828, ABINGDON, VA 24212

Signing Officer

Name
Laura Pennington
Title
Executive Director
Phone
2767392473
Signed
2018-02-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Pennington
Formed
2009
Legal Domicile
Va
Voting Board Members
21
Independent Board Members
21
Employees
0

Preparer

Firm
Keen Proffitt & Co Pc
Address
468 MAIN ST E 317A, ABINGDON, VA 24210-3497
Preparer
Travis a Proffitt CPA
Phone
2766763004
Supplemental Narrative

Additional Explanations

Form 990

“Misc exp. 107,000 employee compensation.”

Raw XML AppendixShowing 400 of 505 raw XML fields

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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SCHOLARSHIPS/ED. ASSIST.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0245
IRS990/AdvertisingGrp/TotalAmt0245
IRS990/AllOtherContributionsAmt04210526
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01850
IRS990/AllOtherExpensesGrp/ProgramServicesAmt010584
IRS990/AllOtherExpensesGrp/TotalAmt012434
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0LAURA PENNINGTON
IRS990/BooksInCareOfDetail/PhoneNum02767392473
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 VHCC DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ABINGDON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd024210
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0318148
IRS990/CashNonInterestBearingGrp/EOYAmt0326132
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04210526
IRS990/CYGrantsAndSimilarPaidAmt0957188
IRS990/CYInvestmentIncomeAmt0129619
IRS990/CYOtherExpensesAmt0352558
IRS990/CYOtherRevenueAmt0-3282
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt02956865
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01379998
IRS990/CYTotalFundraisingExpenseAmt094232
IRS990/CYTotalProfFndrsngExpnsAmt070252
IRS990/CYTotalRevenueAmt04336863
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt06106
IRS990/DepreciationDepletionGrp/ProgramServicesAmt06106
IRS990/DepreciationDepletionGrp/TotalAmt012212
IRS990/Desc0PROVIDE SCHOLARSHIPS AND PROGRAMS FOR STUDENTS, AND ACHEIVEMENT PROGRAMS FOR INSTRUCTORS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01244867
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06700
IRS990/FeesForServicesAccountingGrp/TotalAmt06700
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0100
IRS990/FeesForServicesLegalGrp/TotalAmt0100
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0513
IRS990/FeesForServicesOtherGrp/TotalAmt0513
IRS990/FeesForServicesProfFundraising/FundraisingAmt070252
IRS990/FeesForServicesProfFundraising/TotalAmt070252
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt021822
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt021822
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERTA LOONEY
IRS990/Form990PartVIISectionAGrp/PersonNm1MARY BEGLEY
IRS990/Form990PartVIISectionAGrp/PersonNm2REGINA BELCHER
IRS990/Form990PartVIISectionAGrp/PersonNm3DALE COOK
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRISTINE FIELDS
IRS990/Form990PartVIISectionAGrp/PersonNm5GEORGE F HELMS IV
IRS990/Form990PartVIISectionAGrp/PersonNm6TAL MCBRIDE
IRS990/Form990PartVIISectionAGrp/PersonNm7BILL RUSH
IRS990/Form990PartVIISectionAGrp/PersonNm8MIKE SPIEGLER
IRS990/Form990PartVIISectionAGrp/PersonNm9DAVID COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm10JACK FROST
IRS990/Form990PartVIISectionAGrp/PersonNm11MARK GOODMAN
IRS990/Form990PartVIISectionAGrp/PersonNm12CAROL TRAMMELL
IRS990/Form990PartVIISectionAGrp/PersonNm13VIRGIL WIMMER
IRS990/Form990PartVIISectionAGrp/PersonNm14JIM MAXWELL
IRS990/Form990PartVIISectionAGrp/PersonNm15LYNN OSBORNE
IRS990/Form990PartVIISectionAGrp/PersonNm16LAURA PENNINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm17CATHERINE BRILLHART
IRS990/Form990PartVIISectionAGrp/PersonNm18JOE STRATEN
IRS990/Form990PartVIISectionAGrp/PersonNm19CHARLIE WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm20BOBBY GRIFFIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VHCC-VP
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02009
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt033903
IRS990/FundraisingGrossIncomeAmt030621
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantAmt0957188
IRS990/GrantsPayableGrp/BOYAmt0450000
IRS990/GrantsPayableGrp/EOYAmt0335000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt070079
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt070079
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0887109
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0887109
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt04370766
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt021
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0806
IRS990/InsuranceGrp/TotalAmt0806
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0129619
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0129619
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01132990
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03994778
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt082570
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0105037
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0552825
IRS990/LandBldgEquipCostOrOtherBssAmt0635395
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SCHOLARSHIPS/ED. ASSIST.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01738757
IRS990/NetAssetsOrFundBalancesEOYAmt04695622
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-3282
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0225875
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt02622
IRS990/OfficeExpensesGrp/TotalAmt02622
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0ADMIN COMPENSATION (IN-KI
IRS990/OtherExpensesGrp/Desc1STUDENT/FACULTY SUPPORT
IRS990/OtherExpensesGrp/Desc2SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc3AR ADJUSTMENTS
IRS990/OtherExpensesGrp/FundraisingAmt023980
IRS990/OtherExpensesGrp/ProgramServicesAmt0129909
IRS990/OtherExpensesGrp/ProgramServicesAmt1125212
IRS990/OtherExpensesGrp/ProgramServicesAmt213246
IRS990/OtherExpensesGrp/TotalAmt0129909
IRS990/OtherExpensesGrp/TotalAmt1125212
IRS990/OtherExpensesGrp/TotalAmt223980
IRS990/OtherExpensesGrp/TotalAmt313246
IRS990/PartialLiquidationInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0453166
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt03688942
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0470997
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LAURA PENNINGTON
IRS990/ProfessionalFundraisingInd0true
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01039443
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0574340
IRS990/PYInvestmentIncomeAmt051357
IRS990/PYOtherExpensesAmt0414263
IRS990/PYOtherRevenueAmt0-4382
IRS990/PYRevenuesLessExpensesAmt034206
IRS990/PYTotalExpensesAmt01052212
IRS990/PYTotalProfFndrsngExpnsAmt063609
IRS990/PYTotalRevenueAmt01086418
IRS990/ReconcilationRevenueExpnssAmt02956865
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0161585
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0161887
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04210526
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01039443
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01082457
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0840628
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0664466
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07837520
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0160240
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt07837520
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04210526
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01039443
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01082457
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0840628
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0664466
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07837520
IRS990ScheduleA/TotalSupportAmt07837520
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00060
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt021822
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01132991
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt03137500
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03994778
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0129017
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0382908
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt09644
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01067365
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt024376
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01132991
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt050894
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt09838
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01072029
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01067365
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05174
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt010096
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01077200
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01072029
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04925
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt09850
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0980240
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01077200
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0106540
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt018768
IRS990ScheduleD/EquipmentGrp/DepreciationAmt055622
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt074390
IRS990ScheduleD/ExpensesSubtotalAmt01379998
IRS990ScheduleD/LandGrp/BookValueAmt0462627
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0461127
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt019680
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt025154
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt044834
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt051750
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt051750
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.80760
IRS990ScheduleD/RevenueSubtotalAmt04336863
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.19180
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0552825
IRS990ScheduleD/TotalExpensesPerForm990Amt01379998
IRS990ScheduleD/TotalRevenuePerForm990Amt04336863
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04336863
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01379998
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt02000
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt02000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt027028
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt013895
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt013895
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SONGWRITERS FES
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt02836
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt02836
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt021638
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt021638
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt021638
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt021638
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-5390
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06319
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06319
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01978
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01978
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt070079
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS AND SUPPORT
IRS990ScheduleI/RecipientTable/CashGrantAmt0887109
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FACULTY SUPPORT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,035,622
Liabilities
$340,000
Net assets
$4,695,622
Revenue
$4,336,863
Expenses
$1,379,998
Net income
$2,956,865
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.9$0.06$11.9$1.35$0.88$0.48
2024Detailed filing. Detailed filing data is available for this year.$11.5$0.13$11.4$3.75$0.42$3.33
2023Detailed filing. Detailed filing data is available for this year.$8.00$0.11$7.89$1.43$0.41$1.02
2022Detailed filing. Detailed filing data is available for this year.$7.24$0.55$6.69$0.63$0.84$0.21
2021Detailed filing. Detailed filing data is available for this year.$7.58$0.29$7.29$2.45$0.62$1.83
2020Detailed filing. Detailed filing data is available for this year.$5.48$0.02$5.46$0.99$0.78$0.21
2019Detailed filing. Detailed filing data is available for this year.$5.26$0.01$5.25$1.06$0.50$0.56
2018Detailed filing. Detailed filing data is available for this year.$5.04$0.34$4.70$4.34$1.38$2.96
2017Detailed filing. Detailed filing data is available for this year.$2.19$0.45$1.74$1.09$1.05$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.91$0.21$1.70$1.09$1.30$0.21
2015Detailed filing. Detailed filing data is available for this year.$1.95$0.03$1.92$0.85$0.60$0.25
2014Detailed filing. Detailed filing data is available for this year.$1.71$0.04$1.67$0.77$0.60$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.60$0.10$1.50$0.70
2012Summary only. Only limited summary data is available for this year.$1.65$0.08$1.58$0.92$0.78$0.15
2011Summary only. Only limited summary data is available for this year.$1.54$0.08$1.45$0.79$0.55$0.24