Civic Intelligence

Vscpa Educational Foundation Inc.

990 • Fiscal year 2016 • EIN 54-1302626

May 01, 2015 to Apr 30, 2016 • Filed on Sep 01, 2016

Organization ProfileWWW.VSCPA.COM
4309 Cox RoadGlen Allen, VA 23060

(804) 270-5344

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

18th percentile

0.00x

Higher debt load relative to revenue than 18% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

54th percentile

3.3%

Higher net margin than 54% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

76th percentile

$117,350

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 63.2% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

29th percentile

-3.0%

Faster asset growth than 29% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

50th percentile

2.9%

Faster revenue growth than 50% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets16th percentile

Assets

Down

$1,143,732

Down $35,793 (-3.0%) from 2015

Net Assets

Down

$1,142,915

Down $32,443 (-2.8%) from 2015

Liabilities

Down

$817

Down $3,350 (-80%) from 2015

Revenue And Expenses
Liabilities / Revenue18th percentileNet Margin54th percentile

Revenue

Up

$185,682

Up $5,183 (+2.9%) from 2015

Expenses

Up

$179,544

Up $15,472 (+9.4%) from 2015

Net Income

Down

$6,138

Down $10,289 (-63%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $988,553Liabilities 2010: $52,258Net Assets 2010: $936,2952010Assets 2011: $1,105,474Liabilities 2011: $54,669Net Assets 2011: $1,050,8052011Assets 2012: $1,050,893Liabilities 2012: $13,842Net Assets 2012: $1,037,0512012Assets 2013: $1,105,494Liabilities 2013: $12,709Net Assets 2013: $1,092,7852013Assets 2014: $1,138,619Liabilities 2014: $2,925Net Assets 2014: $1,135,6942014Assets 2015: $1,179,525Liabilities 2015: $4,167Net Assets 2015: $1,175,3582015Assets 2016: $1,143,732Liabilities 2016: $817Net Assets 2016: $1,142,9152016Assets 2017: $1,214,453Liabilities 2017: $818Net Assets 2017: $1,213,6352017Assets 2018: $1,298,592Liabilities 2018: $819Net Assets 2018: $1,297,7732018Assets 2019: $1,320,230Liabilities 2019: $1,654Net Assets 2019: $1,318,5762019Assets 2020: $1,294,142Liabilities 2020: $1,650Net Assets 2020: $1,292,4922020Assets 2021: $1,606,071Liabilities 2021: $1,651Net Assets 2021: $1,604,4202021Assets 2022: $1,592,564Liabilities 2022: $1,629Net Assets 2022: $1,590,9352022Assets 2023: $1,576,652Liabilities 2023: $0Net Assets 2023: $1,576,6522023Assets 2024: $1,880,122Liabilities 2024: $0Net Assets 2024: $1,880,1222024Assets 2025: $2,077,277Liabilities 2025: $174Net Assets 2025: $2,077,1032025

Highlighted filing

2016

Assets$1,143,732
Liabilities$817
Net Assets$1,142,915
Open 2016 Filing

Operations Trend

Revenue Growth50th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $206,497Expenses 2010: $182,459Net Income 2010: $24,0382010Expenses 2011: $203,6632011Expenses 2012: $166,4622012Expenses 2013: $180,3422013Revenue 2014: $191,612Expenses 2014: $177,939Net Income 2014: $13,6732014Revenue 2015: $180,499Expenses 2015: $164,072Net Income 2015: $16,4272015Revenue 2016: $185,682Expenses 2016: $179,544Net Income 2016: $6,1382016Revenue 2017: $203,830Expenses 2017: $175,655Net Income 2017: $28,1752017Revenue 2018: $239,104Expenses 2018: $189,796Net Income 2018: $49,3082018Revenue 2019: $154,290Expenses 2019: $160,610Net Income 2019: -$6,3202019Revenue 2020: $206,419Expenses 2020: $180,455Net Income 2020: $25,9642020Revenue 2021: $250,147Expenses 2021: $172,958Net Income 2021: $77,1892021Revenue 2022: $262,957Expenses 2022: $188,269Net Income 2022: $74,6882022Revenue 2023: $147,850Expenses 2023: $152,142Net Income 2023: -$4,2922023Revenue 2024: $373,443Expenses 2024: $161,529Net Income 2024: $211,9142024Revenue 2025: $327,973Expenses 2025: $203,598Net Income 2025: $124,3752025

Highlighted filing

2016

Revenue$185,682
Expenses$179,544
Net Income$6,138
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2015 to Apr 30, 2016
Signed
Sep 1, 2016
Return Version
2015v2.1
Gross Receipts
$185,682
Mission and Program Overview

Mission

The foundation is dedicated to attracting future cpas by promoting financial and accounting education, rewarding academic excellence and encouraging students to pursue promising careers. The foundation supports students and educators in virginia through undergraduate and graduate scholarships, grants and award/recognition programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$927,308$909,701▼ $17,607
Savings and Temporary Cash Investments$231,443$223,906▼ $7,537
Pledges and Grants Receivable$14,874$6,969▼ $7,905
Land, Buildings, and Equipment, Net$0--
Total Assets$1,179,525$1,143,732▼ $35,793
Other Assets Total$5,900$3,156▼ $2,744
Liabilities
Other Liabilities$4,167$817▼ $3,350
Total Liabilities$4,167$817▼ $3,350
Net Assets / Fund Balance
Temporarily Rstr Net Assets$789,414$729,936▼ $59,478
Unrestricted Net Assets$270,474$297,509▲ $27,035
Permanently Rstr Net Assets$115,470$115,470→ $0
Total Net Assets Fund Balance$1,175,358$1,142,915▼ $32,443
Total Liabilities and Net Assets / Fund Balance$1,179,525$1,143,732▼ $35,793

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$144,126-▼ $2,654-$135,107
2014$140,835-▲ $8,554-$144,126
2013$134,593$1,000▲ $10,643-$140,835
2012$125,234$750▲ $12,940-$134,593
2011$124,206$500▲ $818-$125,234
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleOtherTotal
Tina Lambert BatesSecretary-treasurer$117,350$117,350

Board Members and Trustees

NameTitle
Randolph ShapiroChair
Frederick L WhiteChair-elect
Kristin L WhiteVice Chair
Thomas CrutchfieldVice Chair
Brian DeiblerDirector
Carolyn MenzieDirector
Chris EkimoffDirector
Christine GoodrumDirector
Clare LevisonDirector
Courtney S BarrackDirector
Dale BurgessDirector
Daniel GeorgeDirector
Heather FlanaganDirector
Holly a CaldwellDirector
Laura Tate-smithDirector
Melinda ColeyDirector
Nicholas HarrisonDirector
Randy SpurrierDirector
Thomas Lyden JrDirector
Vugar T ShahtakhtinskiyDirector
Whit BroomeDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$74,162
Program Service Revenue
$90,000
Investment Income
$21,520
Other Revenue
$0
All Other Contributions
$74,162
Change in Net Assets
$6,138

Audited Revenue Reconciliation

Revenue per Audited Statements
$185,682
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-131
Total Revenue per Audited Statements
$185,551
Total Revenue per Form 990
$185,682
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$124,794
Grants and Similar Amounts Paid$54,750
Total Fundraising Expense$8,095
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$49,750--$49,750
Other Expenses$1,804$5,401$2,780$5,401
All Other Expenses--$5,315$5,315
Grants to Domestic Orgs$5,000--$5,000
Office Expenses-$1,345-$1,345
Insurance-$1,102-$1,102
Conferences and Meetings-$456-$456
Total Functional Expenses$146,554$24,895$8,095$179,544

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$217,994
Expenses per Audited Statements$179,544
Total Expenses per Form 990$179,544
Expenses Not Reported on Form 990$38,450
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Vscpa$817
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The vscpa educational foundation's executive committee reviews and approves the form 990 prior to filing with the irs. Prior to its filing, the form 990 is made available to the entire board of directors through the organization's volunteer website.”

Form 990, Part VI, Section B, Line 12C

“Board members are required to disclose all interest annually on a written form which is signed and dated. The executive committee reviews and determines what constitutes a conflict of interest. If a conflict exists, the individual is prohibited from participating in deliberations and decisions regarding that transaction.”

Form 990, Part VI, Section B, Line 15

“Compensation of the top management official is set by an independent person, the ceo of the vscpa.”

Form 990, Part VI, Section C, Line 19

“The vscpa educational foundation makes its governing documents and audited financial statements available to the public on its website. The conflict of interest policy and form 990 are available upon request.”

Filing and Contact Details

Filer

Filer Name
Vscpa Educational Foundation Inc
EIN
54-1302626
Phone
8042705344
Address
4309 COX ROAD, GLEN ALLEN, VA 23060

Signing Officer

Name
Tina Lambert Bates Cae
Title
Secretary/treasurer
Phone
8042705344
Signed
2016-09-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tina Lambert Bates Cae
Formed
1984
Legal Domicile
Va
Voting Board Members
22
Independent Board Members
21
Employees
0
Volunteers
21

Preparer

Firm
Mitchell Wiggins & Company Llp
Address
1802 BAYBERRY COURT SUITE 300, RICHMOND, VA 23226
Preparer
David W Reardon CPA
Phone
8042826000
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The organization's intended use of the endowment fund is to provide college scholarships for accounting students.”

PART X, LINE 2:

“The financial accounting standards board issued guidance on accounting for uncertainty in income taxes. Management evaluated the foundation's tax positions and concluded that the foundation had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. With few exceptions, the foundation is no longer subject to income tax examinations by the taxing authorities for years ending before april 30, 2013. The foundation includes penalties and interest assessed by income taxing authorities in administrative and general expenses. The foundation did not have penalties and interest assessed by taxing authorities during the years ended april 30, 2016 and 2015.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY-TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt049750
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt049750
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt05000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt05000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0185682
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01102
IRS990/InsuranceGrp/TotalAmt01102
IRS990/InvestmentIncomeGrp/ExclusionAmt021520
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt021520
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0927308
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0909701
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION IS DEDICATED TO ATTRACTING FUTURE CPAS BY PROMOTING FINANCIAL AND ACCOUNTING EDUCATION, REWARDING ACADEMIC EXCELLENCE AND ENCOURAGING STUDENTS TO PURSUE PROMISING CAREERS. THE FOUNDATION SUPPORTS STUDENTS AND EDUCATORS IN VIRGINIA THROUGH UNDERGRADUATE AND GRADUATE SCHOLARSHIPS, GRANTS AND AWARD/RECOGNITION PROGRAMS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01175358
IRS990/NetAssetsOrFundBalancesEOYAmt01142915
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-38581
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01345
IRS990/OfficeExpensesGrp/TotalAmt01345
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05900
IRS990/OtherAssetsTotalGrp/EOYAmt03156
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CPE SEMINARS
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL FEES
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE FEE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt02780
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011175
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15416
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25401
IRS990/OtherExpensesGrp/ProgramServicesAmt090000
IRS990/OtherExpensesGrp/ProgramServicesAmt11804
IRS990/OtherExpensesGrp/TotalAmt090000
IRS990/OtherExpensesGrp/TotalAmt111175
IRS990/OtherExpensesGrp/TotalAmt210000
IRS990/OtherExpensesGrp/TotalAmt35401
IRS990/OtherLiabilitiesGrp/BOYAmt04167
IRS990/OtherLiabilitiesGrp/EOYAmt0817
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0115470
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0115470
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt014874
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt06969
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TINA LAMBERT BATES CAE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0CONTINUING EDUCATION S
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt090000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt090000
IRS990/ProgSrvcAccomActy2Grp/Desc0THE FOUNDATION OFFERS COLLEGE SCHOLARSHIPS IN THE FOLLOWING CATEGORIES: UNDERGRADUATE, MINORITY, GRADUATE AND DOCTORAL, AND NAMED SCHOLARSHIPS. IN ADDITION, THE FOUNDATION OFFERS GRANTS TO HELP SUPPORT ACCOUNTING EDUCATION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt056554
IRS990/ProgSrvcAccomActy2Grp/GrantAmt054750
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt078173
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt050000
IRS990/PYInvestmentIncomeAmt032326
IRS990/PYOtherExpensesAmt0114072
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt070000
IRS990/PYRevenuesLessExpensesAmt016427
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0164072
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0180499
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt06138
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt090000
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0231443
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0223906
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION HAS REVIEWED THE IRS DETERMINATION LETTER OF THE SUPPORTED 501(C)(6) ORGANIZATION AND REVIEWS THE TAX RETURN OF THE SUPPORTED 501(C)(6) ON AN ANNUAL BASIS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE VSCPA EDUCATIONAL FOUNDATION REMITTED $95,000 TO THE SUPPORTED ORGANIZATION DURING THE YEAR ENDING APRIL 30, 2016. $90,000 RELATES TO MONEY RECEIVED FROM THE VIRGINIA TECH/A&A CONFERENCE. THE EDUCATIONAL FOUNDATION DOES NOT RAISE THESE FUNDS FROM DONORS. $5,000 IS DONOR RESTRICTED MONEY WHICH SUPPORTS THE LEADER'S INSTITUTE, A PROGRAM THAT SUPPORTS EDUCATIONAL INITIATIVES. THE EDUCATIONAL FOUNDATION'S MANAGEMENT VERIFIES THE $5,000 WAS SPENT ON THE LEADER'S INSTITUTE PROGRAM.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE VSCPA APPOINTS THE BOARD OF THE VSCPA EDUCATIONAL FOUNDATION; THEREFORE, THE VSCPA INDIRECTLY CONTROLS THE VOTING INTEREST OF THE VSCPA EDUCATIONAL FOUNDATION. ALSO, THE MANAGEMENT OF THE VSCPA EDUCATIONAL FOUNDATION IS THE SAME MANAGEMENT OF THE SUPPORTED ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3C
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION C, LINE 1
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0546053666
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd09
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt095000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0VIRGINIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt095000
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt01365
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0144126
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0135107
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt05000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2654
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt01263
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0140835
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0144126
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt04000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08554
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt01401
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0134593
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0140835

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,143,732
Liabilities
$817
Net assets
$1,142,915
Revenue
$185,682
Expenses
$179,544
Net income
$6,138
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.00$2.08$0.33$0.20$0.12
2024Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$0.37$0.16$0.21
2023Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.15$0.15$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.59$0.26$0.19$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.60$0.25$0.17$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.29$0.21$0.18$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$0.15$0.16$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.24$0.19$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.20$0.18$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.19$0.18$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.18$0.16$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.19$0.18$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.01$1.09$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.01$1.04$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.05$1.05$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.05$0.94$0.21$0.18$0.02