Civic Intelligence

Virginia Beach Educational Broadcasting Foundation

EIN 54-1444525 • 501(c)3 • Virginia Beach, VA

Profile

Provide Music And Public Announcements

3500 Virginia Beach Blvd STE 201Virginia Beach, VA 23452

www.currentfm.com

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

44th percentile

-0.5%

Higher net margin than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$24,195

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 29.2% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

52nd percentile

-0.3%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

-57%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$147,597

Down $376 (-0.3%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

$147,597

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue61st percentileNet Margin44th percentile

Revenue

Down

$82,784

Down $107,904 (-57%) from 2023

Expenses

Up

$83,160

Up $13,381 (+19%) from 2023

Net Income

Down

-$376

Down $121,285 (-100%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth52nd percentile

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

$150K$100K$50K$0Assets 2013: $0Liabilities 2013: $02013Assets 2014: $89,450Liabilities 2014: $02014Assets 2015: $87,211Liabilities 2015: $02015Assets 2016: $99,611Liabilities 2016: $32,4002016Assets 2017: $18,000Liabilities 2017: $18,0002017Assets 2018: $18,000Liabilities 2018: $02018Assets 2019: $0Liabilities 2019: $30,2252019Assets 2020: $30,225Liabilities 2020: $30,2252020Assets 2022: $27,064Liabilities 2022: $0Net Assets 2022: $27,0642022Assets 2023: $147,973Liabilities 2023: $02023Assets 2024: $147,597Liabilities 2024: $0Net Assets 2024: $147,5972024

Highlighted filing

2024

Assets$147,597
Liabilities$0
Net Assets$147,597
Open 2024 Filing

Operations Trend

Revenue Growth15th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2013: $112,209Expenses 2013: $112,209Net Income 2013: $02013Revenue 2014: $111,973Expenses 2014: $113,756Net Income 2014: -$1,7832014Revenue 2015: $110,577Expenses 2015: $98,316Net Income 2015: $12,2612015Revenue 2016: $110,733Expenses 2016: $98,317Net Income 2016: $12,4162016Revenue 2017: $66,484Expenses 2017: $66,484Net Income 2017: $02017Revenue 2018: $73,058Expenses 2018: $73,057Net Income 2018: $12018Revenue 2019: $60,914Expenses 2019: $60,914Net Income 2019: $02019Revenue 2020: $60,914Expenses 2020: $60,914Net Income 2020: $02020Revenue 2022: $89,640Expenses 2022: $75,453Net Income 2022: $14,1872022Revenue 2023: $190,688Expenses 2023: $69,779Net Income 2023: $120,9092023Revenue 2024: $82,784Expenses 2024: $83,160Net Income 2024: -$3762024

Highlighted filing

2024

Revenue$82,784
Expenses$83,160
Net Income-$376
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$147,597
Liabilities
$0
Net assets
$147,597
Revenue
$82,784
Expenses
$83,160
Net income
-$376
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$0.83$0.83$0.00
2023Summary only. Only limited summary data is available for this year.$1.48$0.00$1.91$0.70$1.21
2022Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.90$0.75$0.14
2020Summary only. Only limited summary data is available for this year.$0.30$0.30$0.61$0.61$0.00
2019Summary only. Only limited summary data is available for this year.$0.00$0.30$0.61$0.61$0.00
2018Summary only. Only limited summary data is available for this year.$0.18$0.00$0.73$0.73$0.00
2017Summary only. Only limited summary data is available for this year.$0.18$0.18$0.66$0.66$0.00
2016Summary only. Only limited summary data is available for this year.$1.00$0.32$1.11$0.98$0.12
2015Summary only. Only limited summary data is available for this year.$0.87$0.00$1.11$0.98$0.12
2014Summary only. Only limited summary data is available for this year.$0.89$0.00$1.12$1.14$0.02
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$1.12$1.12$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 20, 2025
Return Version
2024v5.2
Gross Receipts
$83,535
Mission and Program Overview

Mission

Provide Music And Public Announcements

Program Services

DescriptionGrantsExpenses
Provided Public Announcements-$0
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anne B VerebelyGeneral ManagerFT$23,240$955$24,195
William M VerebelyPresident-$0--
Nelson T AdcockDirector-$0--
Kenton PatrickDirector-$0--
Robert T YoderDirector-$0--
Kenneth HallDirector-$0--
George McGuireDirector-$0--
Filing and Contact Details

Filer

Filer Name
Virginia Beach Educational Broadcasting Foundation
EIN
54-1444525
In Care Of
% William M Verebely
Phone
7574989632
Address
3500 Virginia Beach Blvd STE 201, Virginia Beach, VA 23452

Signing Officer

Name
William M Verebely
Title
President
Phone
7577374351
Signed
2025-11-20
Discuss with paid preparer
Yes

Preparer

Firm
Commonwealth Tax
Address
3092 Brickhouse Ct, Virginia Beach, VA 23452
Preparer
Paul Verebely Ea
Phone
7572001040
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountDepreciation from 4562 2,155Gas Reimbursement 298Bank Fees 68Credit Card Fees 1Imaginig Expense 2,015Office Expense 746Operating Expense 495Licenses & Permit Expense 35Payroll Taxes Expense 4,401Streaming Expense 8,574Advertising Expense 520Contractor Expense 7,575Dues and Subscriptions 145Interest Expense 4,292Licensing Expense 4,327Meals 50% 380Web Hosting Expenses 32”

Raw XML Appendix180 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.

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ReturnHeader/Filer/EIN0541444525
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ReturnHeader/Filer/PhoneNum07574989632
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ReturnHeader/PreparerPersonGrp/PhoneNum07572001040
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ReturnHeader/TaxPeriodBeginDt02024-01-01
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