Liabilities / Assets
27th percentile
Higher debt load relative to assets than 27% of similar nonprofits.
EIN 54-1345184 • 501(c)3 • Bedford, VA
Profile
The organization's mission is to rescue, restore, preserve and protect historic avenel, a bedford legacy, and to make this unique landmark available for educational, social, business and other community uses.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
27th percentile
Higher debt load relative to assets than 27% of similar nonprofits.
Liabilities / Revenue
31st percentile
Higher debt load relative to revenue than 31% of similar nonprofits.
Net Margin
97th percentile
Higher net margin than 97% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
79th percentile
Faster asset growth than 79% of similar nonprofits.
Revenue Growth
98th percentile
Faster revenue growth than 98% of similar nonprofits.
Assets
Up$1,390,055
Up $236,857 (+21%) from 2023
Liabilities
Up$5,316
Up $5,316 from 2023
Net Assets
Up$1,384,739
Up $231,541 (+20%) from 2023
Revenue
Up$433,664
Up $357,519 (+470%) from 2023
Expenses
Up$57,096
Up $4,049 (+7.6%) from 2023
Net Income
Up$376,568
Up $353,470 (+1530%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
The organizations mission is to rescue, restore, preserve and protect historic avenel, a bedford legacy, and to make this unique landmark available for educational, social, business and other appropriate community uses.
The organization's mission is to rescue, restore, preserve and protect historic avenel, a bedford legacy, and to make this unique landmark available for educational, social, business and other community uses.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $551,613 | $894,317 | ▲ $342,704 |
| Land, Buildings, and Equipment, Net | $593,725 | $485,635 | ▼ $108,090 |
| Cash and Non-Interest-Bearing Accounts | $7,214 | $9,457 | ▲ $2,243 |
| Prepaid Expenses and Deferred Charges | $646 | $646 | → $0 |
| Total Assets | $1,153,198 | $1,390,055 | ▲ $236,857 |
| Liabilities | |||
| Other Liabilities | - | $5,316 | - |
| Total Liabilities | $0 | $5,316 | ▲ $5,316 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,153,198 | $1,384,739 | ▲ $231,541 |
| Total Net Assets Fund Balance | $1,153,198 | $1,384,739 | ▲ $231,541 |
| Total Liabilities and Net Assets / Fund Balance | $1,153,198 | $1,390,055 | ▲ $236,857 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $348,932 | - | $348,932 |
| Leasehold Improvements | $201,522 | - | $201,522 |
| Equipment | $60,504 | - | $60,504 |
| Land | $32,242 | - | $32,242 |
| Other Land Buildings | $-157,565 | $157,565 | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2024 | $534,765 | - | ▲ $48,162 | - | $575,664 |
| 2023 | $524,293 | - | ▲ $50,556 | - | $534,765 |
| 2022 | $597,034 | - | ▼ $72,741 | - | $524,293 |
| 2021 | $576,930 | - | ▲ $20,104 | - | $597,034 |
| 2020 | $544,309 | - | ▲ $32,621 | - | $576,930 |
| Name | Title |
|---|---|
| John Bond | Chair Financ |
| Wyatt Walton | President |
| Anne Soukhanov | Board Member |
| David Sensenig | Board Member |
| Jaithan Ippolito | Board Member |
| Jayne Compton | Board Member |
| Jonathan Mosley | Board Member |
| Logan Davenport | Board Member |
| Michelle Pittman | Board Member |
| Elaine Cuesta | Correspondin |
| Penny Clark | Grants & Fr |
| Melissa Meador | Mkting & Eve |
| Tracie Gordon | Recording Se |
| Linda Benton | Treasurer |
| Annette Kendall | Vice Preside |
| Line Item | Amount |
|---|---|
| Other Expenses | $57,096 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $12,537 | - | - | $12,537 |
| Office Expenses | $598 | $6,462 | - | $7,060 |
| Occupancy | $6,139 | - | - | $6,139 |
| Insurance | $5,133 | - | - | $5,133 |
| Fees for Services Management | $3,500 | - | - | $3,500 |
| Fees for Services Accounting | - | $3,000 | - | $3,000 |
| Advertising | $2,379 | - | - | $2,379 |
| Fees for Services Other | $600 | - | - | $600 |
| Other Expenses | $2,303 | $395 | - | $395 |
| All Other Expenses | $209 | $73 | - | $282 |
| Fees for Services Legal | - | $95 | - | $95 |
| Total Functional Expenses | $47,071 | $10,025 | $0 | $57,096 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Prepaid Rents | $4,716 |
| Security Deposits | $600 |
“No review was or will be conducted.”
“No documents available to the public”
“Additional information provided after return was filed, including information reported on schedule d, part ii, conservation easements.”
“The historic avenel museum house contains 4 oil on canvas portraits. Three are attributed to artist harvey mitchell, famous 19th century artist and uncle of frances steptoe burwell, matriarch of avenel, which she posed for 2 of them. Her mother, catherine mitchell steptoe sat for her brother in the 3rd mitchell portrait. The 4th portrait is of the hon. William m. Burwell, spouse of frances burwell, and together they completed construction of avenel c.1838. His portrait is signed "julio 1872" the famous everette d.b. Fabrino julio, painter of "the last meeting" of jackson and lee. A handwritten note by burwell is attached to the back detailing the rare provenance. The portraits and framework of the burwells have been carefully conserved. Documentation is on file at avenel and with the insurer. The collection of approximately 180 books contain rare volumes of developing political and historical data, founding factions of the railroad in the early 19th century, educational materials used by the burwells, their journals, and novels dating back to 1747. They have been carefully inventoried and appraised for insurance purposes. They are locked in an appropriate glass case on display in avenel's museum room. These rare, historic artifacts provide vital educational detail about the family as well as the importance of due diligence and the board responsibility to maintain rare materials housed in avenel. The community has the privilege to have educational tours presented involving the works as the volunteer directors and docents describe the history involved. This is a unique asset to such a landmark and furthers the mission statement of historic avenel. There is also a large oil on canvas of officer (us army, year unknown, the uniform seems to indicate wwii) george bagby campbell. He was the great grandson of william and frances burwell. Additionally a mid 19th century photo profile image of his mother, lillian bowyer campbell is hung on the adjacent wall. Together these family art works are additional original works documenting the integral history and legacy of historic avenel.”
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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| IRS990/Desc | 0 | THE PRESERVED HISTORIC AVENEL IS A RESOURCE TO THE BEDFORD COMMUNITY THAT PROVIDES A VENUE FOR WEDDINGS, LUNCHEONS, FUNDRAISERS, EDUCATIONAL TOURS AND OTHER SIMILAR EVENTS. |
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| IRS990/MissionDesc | 0 | THE ORGANIZATION'S MISSION IS TO RESCUE, RESTORE, PRESERVE AND PROTECT HISTORIC AVENEL, A BEDFORD LEGACY, AND TO MAKE THIS UNIQUE LANDMARK AVAILABLE FOR EDUCATIONAL, SOCIAL, BUSINESS AND OTHER COMMUNITY USES. |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE HISTORIC AVENEL MUSEUM HOUSE CONTAINS 4 OIL ON CANVAS PORTRAITS. THREE ARE ATTRIBUTED TO ARTIST HARVEY MITCHELL, FAMOUS 19TH CENTURY ARTIST AND UNCLE OF FRANCES STEPTOE BURWELL, MATRIARCH OF AVENEL, WHICH SHE POSED FOR 2 OF THEM. HER MOTHER, CATHERINE MITCHELL STEPTOE SAT FOR HER BROTHER IN THE 3RD MITCHELL PORTRAIT. THE 4TH PORTRAIT IS OF THE HON. WILLIAM M. BURWELL, SPOUSE OF FRANCES BURWELL, AND TOGETHER THEY COMPLETED CONSTRUCTION OF AVENEL C.1838. HIS PORTRAIT IS SIGNED "JULIO 1872" THE FAMOUS EVERETTE D.B. FABRINO JULIO, PAINTER OF "THE LAST MEETING" OF JACKSON AND LEE. A HANDWRITTEN NOTE BY BURWELL IS ATTACHED TO THE BACK DETAILING THE RARE PROVENANCE. THE PORTRAITS AND FRAMEWORK OF THE BURWELLS HAVE BEEN CAREFULLY CONSERVED. DOCUMENTATION IS ON FILE AT AVENEL AND WITH THE INSURER. THE COLLECTION OF APPROXIMATELY 180 BOOKS CONTAIN RARE VOLUMES OF DEVELOPING POLITICAL AND HISTORICAL DATA, FOUNDING FACTIONS OF THE RAILROAD IN THE EARLY 19TH CENTURY, EDUCATIONAL MATERIALS USED BY THE BURWELLS, THEIR JOURNALS, AND NOVELS DATING BACK TO 1747. THEY HAVE BEEN CAREFULLY INVENTORIED AND APPRAISED FOR INSURANCE PURPOSES. THEY ARE LOCKED IN AN APPROPRIATE GLASS CASE ON DISPLAY IN AVENEL'S MUSEUM ROOM. THESE RARE, HISTORIC ARTIFACTS PROVIDE VITAL EDUCATIONAL DETAIL ABOUT THE FAMILY AS WELL AS THE IMPORTANCE OF DUE DILIGENCE AND THE BOARD RESPONSIBILITY TO MAINTAIN RARE MATERIALS HOUSED IN AVENEL. THE COMMUNITY HAS THE PRIVILEGE TO HAVE EDUCATIONAL TOURS PRESENTED INVOLVING THE WORKS AS THE VOLUNTEER DIRECTORS AND DOCENTS DESCRIBE THE HISTORY INVOLVED. THIS IS A UNIQUE ASSET TO SUCH A LANDMARK AND FURTHERS THE MISSION STATEMENT OF HISTORIC AVENEL. THERE IS ALSO A LARGE OIL ON CANVAS OF OFFICER (US ARMY, YEAR UNKNOWN, THE UNIFORM SEEMS TO INDICATE WWII) GEORGE BAGBY CAMPBELL. HE WAS THE GREAT GRANDSON OF WILLIAM AND FRANCES BURWELL. ADDITIONALLY A MID 19TH CENTURY PHOTO PROFILE IMAGE OF HIS MOTHER, LILLIAN BOWYER CAMPBELL IS HUNG ON THE ADJACENT WALL. TOGETHER THESE FAMILY ART WORKS ARE ADDITIONAL ORIGINAL WORKS DOCUMENTING THE INTEGRAL HISTORY AND LEGACY OF HISTORIC AVENEL. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 2, PART III, LINE 4 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ADDITIONAL INFORMATION PROVIDED AFTER RETURN WAS FILED, INCLUDING INFORMATION REPORTED ON SCHEDULE D, PART II, CONSERVATION EASEMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 1, ITEM B |
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