Civic Intelligence

Cave Conservancy Foundation

EIN 52-1591149 • 501(c)3 • Glen Allen, VA

Pub. 78 Eligible

Profile

The conservancy provides grants and scholarships and conducts various programs to promote education and preservation of caves.

13131 Overhill Lake LnGlen Allen, VA 23059-1743

www.caveconservancyfoundation.org

Siviq Scores

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

Liabilities / Assets

57th percentile

0.10x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.32x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

72nd percentile

19%

Higher net margin than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

53rd percentile

5.0%

Faster asset growth than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

62nd percentile

14%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,800,233

Up $85,091 (+5.0%) from 2023

Liabilities

Down

$188,929

Down $27,374 (-13%) from 2023

Net Assets

Up

$1,611,304

Up $112,465 (+7.5%) from 2023

Revenue

Up

$595,946

Up $73,428 (+14%) from 2023

Expenses

Up

$483,481

Up $36,308 (+8.1%) from 2023

Net Income

Up

$112,465

Up $37,120 (+49%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,319,902Liabilities 2011: $476,267Net Assets 2011: $843,6352011Assets 2012: $1,349,071Liabilities 2012: $865,102Net Assets 2012: $483,9692012Assets 2013: $1,390,482Liabilities 2013: $818,556Net Assets 2013: $571,9262013Assets 2014: $1,494,886Liabilities 2014: $779,807Net Assets 2014: $715,0792014Assets 2015: $1,538,969Liabilities 2015: $729,546Net Assets 2015: $809,4232015Assets 2016: $1,564,087Liabilities 2016: $0Net Assets 2016: $1,564,0872016Assets 2017: $1,675,362Liabilities 2017: $6,745Net Assets 2017: $1,668,6172017Assets 2018: $1,758,166Liabilities 2018: $19,865Net Assets 2018: $1,738,3012018Assets 2019: $1,630,825Liabilities 2019: $40,314Net Assets 2019: $1,590,5112019Assets 2020: $1,781,991Liabilities 2020: $78,209Net Assets 2020: $1,703,7822020Assets 2021: $2,091,942Liabilities 2021: $107,640Net Assets 2021: $1,984,3022021Assets 2022: $2,047,461Liabilities 2022: $167,070Net Assets 2022: $1,880,3912022Assets 2023: $1,715,142Liabilities 2023: $216,303Net Assets 2023: $1,498,8392023Assets 2024: $1,800,233Liabilities 2024: $188,929Net Assets 2024: $1,611,3042024

Highlighted filing

2024

Assets$1,800,233
Liabilities$188,929
Net Assets$1,611,304

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $356,038Expenses 2011: $255,869Net Income 2011: $100,1692011Expenses 2012: $257,9762012Revenue 2013: $356,406Expenses 2013: $268,449Net Income 2013: $87,9572013Revenue 2014: $352,822Expenses 2014: $209,669Net Income 2014: $143,1532014Revenue 2015: $374,590Expenses 2015: $280,246Net Income 2015: $94,3442015Revenue 2016: $159,185Expenses 2016: $128,945Net Income 2016: $30,2402016Revenue 2017: $686,889Expenses 2017: $582,359Net Income 2017: $104,5302017Revenue 2018: $578,995Expenses 2018: $509,311Net Income 2018: $69,6842018Revenue 2019: $401,765Expenses 2019: $549,555Net Income 2019: -$147,7902019Revenue 2020: $459,298Expenses 2020: $346,027Net Income 2020: $113,2712020Revenue 2021: $757,444Expenses 2021: $448,124Net Income 2021: $309,3202021Revenue 2022: $466,433Expenses 2022: $570,344Net Income 2022: -$103,9112022Revenue 2023: $522,518Expenses 2023: $447,173Net Income 2023: $75,3452023Revenue 2024: $595,946Expenses 2024: $483,481Net Income 2024: $112,4652024

Highlighted filing

2024

Revenue$595,946
Expenses$483,481
Net Income$112,465

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.19$1.61$0.60$0.48$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.72$0.22$1.50$0.52$0.45$0.08
2022Detailed filing. Detailed filing data is available for this year.$2.05$0.17$1.88$0.47$0.57$0.10
2021Detailed filing. Detailed filing data is available for this year.$2.09$0.11$1.98$0.76$0.45$0.31
2020Detailed filing. Detailed filing data is available for this year.$1.78$0.08$1.70$0.46$0.35$0.11
2019Summary only. Only limited summary data is available for this year.$1.63$0.04$1.59$0.40$0.55$0.15
2018Summary only. Only limited summary data is available for this year.$1.76$0.02$1.74$0.58$0.51$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.68$0.01$1.67$0.69$0.58$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$0.16$0.13$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.54$0.73$0.81$0.37$0.28$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.49$0.78$0.72$0.35$0.21$0.14
2013Detailed filing. Detailed filing data is available for this year.$1.39$0.82$0.57$0.36$0.27$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.87$0.48$0.26
2011Summary only. Only limited summary data is available for this year.$1.32$0.48$0.84$0.36$0.26$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$3,803,096
Mission and Program Overview

Mission

The conservancy provides grants and scholarships and conducts various programs to promote education and preservation of caves.

The Foundation provides grants and scholarships and conducts programs to promote education about and conservation of caves.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$552,758$521,038▼ $31,720
Cash and Non-Interest-Bearing Accounts$415,873$476,816▲ $60,943
Other Notes and Loans Receivable, Net$290,259$290,259→ $0
Investments Other Securities$262,168$272,168▲ $10,000
Accounts Receivable$95,524$151,546▲ $56,022
Inventories for Sale or Use$83,380$76,140▼ $7,240
Intangible Assets$15,180$12,266▼ $2,914
Savings and Temporary Cash Investments$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 Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,715,142$1,800,233▲ $85,091
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$216,303$188,929▼ $27,374
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$216,303$188,929▼ $27,374
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,498,839$1,611,304▲ $112,465
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,498,839$1,611,304▲ $112,465
Total Liabilities and Net Assets / Fund Balance$1,715,142$1,800,233▲ $85,091

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$256,898$503,280$760,178
Equipment$144,151$244,645$388,796
Land$119,989-$119,989
Other Securities$10,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joseph FaganChairman
David SockyTrustee
John TichenorTrustee
Michael FiccoTrustee
Terri BrownTrustee
Walter E Britton IIITreasureer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$595,946
All Other Contributions
$0
Change in Net Assets
$112,465
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$416,242
Total Fundraising Expense$165,878
Grants and Similar Amounts Paid$67,239
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$36,239--$36,239
Depreciation Depletion$31,720$0$0$31,720
Grants to Domestic Individuals$31,000--$31,000
Occupancy$0$11,249$0$11,249
Office Expenses$0$5,687$0$5,687
Other Expenses$0$4,000$0$4,000
All Other Expenses$0$1,621$0$1,621
Insurance$0$1,204$0$1,204
Fees for Services Legal$0$295$0$295
Total Functional Expenses$209,545$108,058$165,878$483,481
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Butler Cave Conservation SocietyWilliamsville, VA501(c)(3)Conservation$11,200
Western Kentucky UniversityBowling Green, KY501(c)(3)Conservation$11,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$3,774,296
Gaming Direct Expenses$3,207,150
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
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$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other$188,929
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
Yes

Governance Explanations

Part VI, Line 3

The organization delegates control over day to day management duties with an Administrative Services Agreement with Karstland Corporation

Part VI, Line 11B

At least one officer reviews the return before filing.

Part VI, Line 12C

The trustees are given a copy of the conflict of interest policy to sign acknowledging their awareness and acceptance of the policy and are required to disclose any conflicts of interest to the Board.

Part VI, Line 19

Governing documents policies and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Cave Conservancy Foundation
EIN
52-1591149
Phone
8047984893
Address
13131 OVERHILL LAKE LN, GLEN ALLEN, VA 23059-1743

Signing Officer

Name
Kaitlin Britton
Title
Office Manager
Phone
8047984893
Signed
2025-11-17
Discuss with paid preparer
No

Organization Details

Principal Officer
Joseph Fagan
Formed
1987
Legal Domicile
Va
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Wm S French Jr CPA PC
Address
2711 Buford Road 245, Richmond, VA 23235
Preparer
Brenda French
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