Civic Intelligence

Hanover Education Foundation

990 • Fiscal year 2016 • EIN 54-1573406

Jul 01, 2015 to Jun 30, 2016 • Filed on May 15, 2017

Organization ProfileWWW.HEFHANOVER.COM
200 Berkley StreetAshland, VA 23005-1302

(804) 365-4565

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

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

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

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

Net Margin

67th percentile

9.1%

Higher net margin than 67% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

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

Asset Growth

32nd percentile

-2.5%

Faster asset growth than 32% of similar nonprofits.

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

Revenue Growth

7th percentile

-42%

Faster revenue growth than 7% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets15th percentile

Assets

Down

$3,096,901

Down $80,276 (-2.5%) from 2015

Net Assets

Down

$3,095,509

Down $81,668 (-2.6%) from 2015

Liabilities

Up

$1,392

Up $1,392 from 2015

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin67th percentile

Revenue

Down

$410,359

Down $296,002 (-42%) from 2015

Expenses

Up

$372,907

Up $30,504 (+8.9%) from 2015

Net Income

Down

$37,452

Down $326,506 (-90%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,391,202Liabilities 2011: $20,889Net Assets 2011: $1,370,3132011Assets 2012: $1,364,946Liabilities 2012: $0Net Assets 2012: $1,364,9462012Assets 2013: $1,505,874Liabilities 2013: $25,622Net Assets 2013: $1,480,2522013Assets 2014: $2,920,559Liabilities 2014: $8,147Net Assets 2014: $2,912,4122014Assets 2015: $3,177,177Liabilities 2015: $0Net Assets 2015: $3,177,1772015Assets 2016: $3,096,901Liabilities 2016: $1,392Net Assets 2016: $3,095,5092016Assets 2017: $3,588,508Liabilities 2017: $4,500Net Assets 2017: $3,584,0082017Assets 2018: $3,667,284Liabilities 2018: $3,371Net Assets 2018: $3,663,9132018Assets 2019: $3,763,636Liabilities 2019: $0Net Assets 2019: $3,763,6362019Assets 2020: $3,831,915Liabilities 2020: $6,000Net Assets 2020: $3,825,9152020Assets 2021: $4,771,377Liabilities 2021: $0Net Assets 2021: $4,771,3772021Assets 2022: $4,181,076Liabilities 2022: $0Net Assets 2022: $4,181,0762022Assets 2023: $4,426,495Liabilities 2023: $0Net Assets 2023: $4,426,4952023Assets 2024: $4,748,655Liabilities 2024: $0Net Assets 2024: $4,748,6552024

Highlighted filing

2016

Assets$3,096,901
Liabilities$1,392
Net Assets$3,095,509
Open 2016 Filing

Operations Trend

Revenue Growth7th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $285,1842011Expenses 2012: $246,9642012Revenue 2013: $209,280Expenses 2013: $196,829Net Income 2013: $12,4512013Revenue 2014: $1,571,026Expenses 2014: $282,615Net Income 2014: $1,288,4112014Revenue 2015: $706,361Expenses 2015: $342,403Net Income 2015: $363,9582015Revenue 2016: $410,359Expenses 2016: $372,907Net Income 2016: $37,4522016Revenue 2017: $552,162Expenses 2017: $331,942Net Income 2017: $220,2202017Revenue 2018: $418,375Expenses 2018: $426,683Net Income 2018: -$8,3082018Revenue 2019: $337,555Expenses 2019: $356,503Net Income 2019: -$18,9482019Revenue 2020: $585,857Expenses 2020: $494,563Net Income 2020: $91,2942020Revenue 2021: $609,232Expenses 2021: $279,936Net Income 2021: $329,2962021Revenue 2022: $552,749Expenses 2022: $335,391Net Income 2022: $217,3582022Revenue 2023: $542,835Expenses 2023: $396,671Net Income 2023: $146,1642023Revenue 2024: $434,335Expenses 2024: $512,073Net Income 2024: -$77,7382024

Highlighted filing

2016

Revenue$410,359
Expenses$372,907
Net Income$37,452
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$992,973
Mission and Program Overview

Mission

To substantially augment existing tax and grant-based funds in order to provide hanover county students with unparalled opportunities and experiences.

To enhance educational opportunities in hanover county, virginia

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,884,586$2,787,731▼ $96,855
Savings and Temporary Cash Investments$278,485$307,817▲ $29,332
Inventories for Sale or Use$953$953→ $0
Accounts Receivable$13,153$400▼ $12,753
Total Assets$3,177,177$3,096,901▼ $80,276
Liabilities
Accounts Payable and Accrued Expenses-$1,392-
Total Liabilities$0$1,392▲ $1,392
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,711,912$1,791,902▲ $79,990
Permanently Rstr Net Assets$817,845$817,845→ $0
Unrestricted Net Assets$647,420$485,762▼ $161,658
Total Net Assets Fund Balance$3,177,177$3,095,509▼ $81,668
Total Liabilities and Net Assets / Fund Balance$3,177,177$3,096,901▼ $80,276

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$2,884,586-▲ $17,830-$2,787,731
2015$2,615,939$330,000▲ $50,582-$2,884,586
2014$1,213,266$1,200,000▲ $262,210$16,088$2,615,939
2013$1,105,900-▲ $132,279$11,075$1,213,266
2012$1,120,800-▲ $21,099$5,538$1,105,900
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Gianna C ClarkPresident
Brett S ChristianDirector
Brian L HydeDirector
Christopher a EnrightDirector
Darrel S FosterDirector
Delores S SettleDirector
Dr S Aaron MarksDirector
Fatima R CaldasDirector
Jeffrey L SigmonDirector
Jundie CadienaDirector
Larry R CummingsDirector
Michael C PatrickDirector
Michael W LowryDirector
Paul B FranklinDirector
Stephanie a WallDirector
Tamer E Temple IiiDirector
Troy R YenserDirector
Margaret HillExecutive Di
Sharon H PottsSecretary
Rachel D Gann CPATreasurer
Ge Robertson StilesVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$242,364
Program Service Revenue
$0
Investment Income
$136,950
Other Revenue
$31,045
All Other Contributions
$224,474
Change in Net Assets
$37,452

Audited Revenue Reconciliation

Revenue per Audited Statements
$420,960
Revenue Not Reported on Financial Statements
$-10,601
Revenue Not Reported on Form 990
$-28,001
Other Revenue Adjustments
$-36,286
Total Revenue per Audited Statements
$392,959
Total Revenue per Form 990
$410,359
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$255,796
Other Expenses$117,111
Total Fundraising Expense$68,424
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$246,581--$246,581
Fees for Service Investment Mgmnt Fees-$25,685-$25,685
Grants to Domestic Individuals$9,215--$9,215
All Other Expenses-$6,024$2,368$8,392
Fees for Services Accounting-$7,975-$7,975
Conferences and Meetings-$3,496-$3,496
Other Expenses-$2,598$4,000$2,598
Insurance-$1,697-$1,697
Travel-$1,024-$1,024
Office Expenses-$188-$188
Total Functional Expenses$255,796$48,687$68,424$372,907

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$474,627
Expenses per Audited Statements$383,508
Total Expenses per Form 990$372,907
Expenses Not Reported on Form 990$91,119
Expenses Not Reported on Financial Statements$-10,601
Other Expense Adjustments$-36,286
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hanover County Public SchoolsAshland, VAGovScholarships/awards$246,581
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$67,331
Fundraising Direct Expenses$36,286
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Celebration Din$30,237$28,037$1,039$26,998
Golf Tournament$26,065$22,011$967$21,044
Total Events$75,761$67,331$36,286$31,045
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
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

“The accounting firm prepares the draft form 990 which is circlulated by email to the board. The board is given a response period for questions. After the response period expires and questions are addressed the foundation files the form 990.”

Form 990, Page 6, Part VI, Line 19

“All records are available to the public for review upon request at the office of the foundation located at the county of hanover, virginia school board office, 200 berkley street, ashland, virginia.”

Filing and Contact Details

Filer

Filer Name
Hanover Education Foundation
EIN
54-1573406
Phone
8043654565
Address
200 BERKLEY STREET, ASHLAND, VA 23005-1302

Signing Officer

Name
Margaret Hill
Title
Executive Director
Phone
8043654565
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margaret Hill
Formed
1989
Legal Domicile
Va
Voting Board Members
21
Independent Board Members
20
Employees
0
Volunteers
22

Preparer

Firm
Harris Hardy & Johnstone Pc
Address
300 ARBORETUM PL STE 660, RICHMOND, VA 23236
Preparer
George G Crowell CPA
Phone
8045600560
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Event expenses 36,286 event expenses -36,286”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“Endowment funds are in place to provide the resources necessary to provide grants and scholarships to hanover county public school students, educators, and school leaders.”

Schedule D, Page 3, Part X

“The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the foundation and various positions related to the potential sources of unrelated business taxable income (ubti). The foundation has recognized no uncertain tax positions for the year ended june 30, 2016. The foundation is generally no longer subject to examination by the internal revenue service for years before 2013.”

Schedule D, Page 4, Part XI, Line 4B

“EVENT EXPENSES -36,286”

Schedule D, Page 4, Part XII, Line 4B

“EVENT EXPENSES -36,286”

Raw XML AppendixShowing 400 of 589 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/EOYAmt01392
IRS990/AccountsReceivableGrp/BOYAmt013153
IRS990/AccountsReceivableGrp/EOYAmt0400
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO ENHANCE EDUCATIONAL OPPORTUNITIES IN HANOVER COUNTY, VIRGINIA
IRS990/AllOtherContributionsAmt0224474
IRS990/AllOtherExpensesGrp/FundraisingAmt02368
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt06024
IRS990/AllOtherExpensesGrp/TotalAmt08392
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0MARGARET HILL
IRS990/BooksInCareOfDetail/PhoneNum08043654565
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 BERKLEY STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0ASHLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd023005
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt03496
IRS990/ConferencesMeetingsGrp/TotalAmt03496
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt08430
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0242364
IRS990/CYGrantsAndSimilarPaidAmt0255796
IRS990/CYInvestmentIncomeAmt0136950
IRS990/CYOtherExpensesAmt0117111
IRS990/CYOtherRevenueAmt031045
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt037452
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0372907
IRS990/CYTotalFundraisingExpenseAmt068424
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0410359
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0AWARDED SCHOLARSHIPS AND GRANTS TO EDUCATORS, STUDENTS AND STAFF TO ENHANCE EDUCATIONAL OPPORTUNITIES INCLUDING THE PURCHASE OF MATERIALS AND SUPPLIES FOR HANOVER COUNTY PUBLIC SCHOOLS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0255796
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FederatedCampaignsAmt09460
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07975
IRS990/FeesForServicesAccountingGrp/TotalAmt07975
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt025685
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt025685
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt211.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2240.00
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/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
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/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/PersonNm0GIANNA C CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm1GE ROBERTSON STILES
IRS990/Form990PartVIISectionAGrp/PersonNm2RACHEL D GANN CPA
IRS990/Form990PartVIISectionAGrp/PersonNm3FATIMA R CALDAS
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL W LOWRY
IRS990/Form990PartVIISectionAGrp/PersonNm5BRETT S CHRISTIAN
IRS990/Form990PartVIISectionAGrp/PersonNm6LARRY R CUMMINGS
IRS990/Form990PartVIISectionAGrp/PersonNm7CHRISTOPHER A ENRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm8DARREL S FOSTER
IRS990/Form990PartVIISectionAGrp/PersonNm9BRIAN L HYDE
IRS990/Form990PartVIISectionAGrp/PersonNm10DR S AARON MARKS
IRS990/Form990PartVIISectionAGrp/PersonNm11PAUL B FRANKLIN
IRS990/Form990PartVIISectionAGrp/PersonNm12MICHAEL C PATRICK
IRS990/Form990PartVIISectionAGrp/PersonNm13SHARON H POTTS
IRS990/Form990PartVIISectionAGrp/PersonNm14DELORES S SETTLE
IRS990/Form990PartVIISectionAGrp/PersonNm15TAMER E TEMPLE III
IRS990/Form990PartVIISectionAGrp/PersonNm16JEFFREY L SIGMON
IRS990/Form990PartVIISectionAGrp/PersonNm17STEPHANIE A WALL
IRS990/Form990PartVIISectionAGrp/PersonNm18TROY R YENSER
IRS990/Form990PartVIISectionAGrp/PersonNm19GIANNA C CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm20GIANNA C CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm21JUNDIE CADIENA
IRS990/Form990PartVIISectionAGrp/PersonNm22MARGARET HILL
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/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
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/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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/TitleTxt13SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt08430
IRS990/FundraisingDirectExpensesAmt036286
IRS990/FundraisingGrossIncomeAmt067331
IRS990/GainOrLossGrp/SecuritiesAmt022946
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantAmt0255796
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt09215
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt09215
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0246581
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0246581
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0569274
IRS990/GrossReceiptsAmt0992973
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt020
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01697
IRS990/InsuranceGrp/TotalAmt01697
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0953
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0953
IRS990/InvestmentIncomeGrp/ExclusionAmt0114004
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0114004
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02884586
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02787731
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0546328
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO SUBSTANTIALLY AUGMENT EXISTING TAX AND GRANT-BASED FUNDS IN ORDER TO PROVIDE HANOVER COUNTY STUDENTS WITH UNPARALLED OPPORTUNITIES AND EXPERIENCES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03177177
IRS990/NetAssetsOrFundBalancesEOYAmt03095509
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt022946
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt022946
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt031045
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt031045
IRS990/NetUnrlzdGainsLossesInvstAmt0-119120
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt05680
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0188
IRS990/OfficeExpensesGrp/TotalAmt0188
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0LACROSSE
IRS990/OtherExpensesGrp/Desc1SUPPORT STAFF DINNER
IRS990/OtherExpensesGrp/Desc2HANOVER SCHOLARS RECEPTIO
IRS990/OtherExpensesGrp/Desc3MISC. EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt056239
IRS990/OtherExpensesGrp/FundraisingAmt15817
IRS990/OtherExpensesGrp/FundraisingAmt24000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02598
IRS990/OtherExpensesGrp/TotalAmt056239
IRS990/OtherExpensesGrp/TotalAmt15817
IRS990/OtherExpensesGrp/TotalAmt24000
IRS990/OtherExpensesGrp/TotalAmt32598
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0817845
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0817845
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARGARET HILL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0533568
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0215441
IRS990/PYInvestmentIncomeAmt0149775
IRS990/PYOtherExpensesAmt0126962
IRS990/PYOtherRevenueAmt023018
IRS990/PYRevenuesLessExpensesAmt0363958
IRS990/PYTotalExpensesAmt0342403
IRS990/PYTotalRevenueAmt0706361
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt037452
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0278485
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0307817
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0242364
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0533568
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01496819
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0209154
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0246959
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02728864
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0114004
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0134171
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0118461
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt029424
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt021588
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0417648
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0114004
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0134171
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0118461
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt029424
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt021588
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0417648
IRS990ScheduleA/InvestmentIncomeCYPct00.13000
IRS990ScheduleA/InvestmentIncomePYPct00.10000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt030045
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt022018
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt052063
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.85310
IRS990ScheduleA/PublicSupportPY509Pct00.88980
IRS990ScheduleA/PublicSupportTotal509Amt02728864
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0242364
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0533568
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01496819
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0209154
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0246959
IRS990ScheduleA/Total509Grp/TotalAmt02728864
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0386413
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0689757
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01615280
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0238578
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0268547
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03198575
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.13100
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt025685
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02884586

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$3,096,901
Liabilities
$1,392
Net assets
$3,095,509
Revenue
$410,359
Expenses
$372,907
Net income
$37,452
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.75$0.00$4.75$0.43$0.51$0.08
2023Detailed filing. Detailed filing data is available for this year.$4.43$0.00$4.43$0.54$0.40$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.18$0.00$4.18$0.55$0.34$0.22
2021Detailed filing. Detailed filing data is available for this year.$4.77$0.00$4.77$0.61$0.28$0.33
2020Detailed filing. Detailed filing data is available for this year.$3.83$0.01$3.83$0.59$0.49$0.09
2019Detailed filing. Detailed filing data is available for this year.$3.76$0.00$3.76$0.34$0.36$0.02
2018Detailed filing. Detailed filing data is available for this year.$3.67$0.00$3.66$0.42$0.43$0.01
2017Detailed filing. Detailed filing data is available for this year.$3.59$0.00$3.58$0.55$0.33$0.22
2016Detailed filing. Detailed filing data is available for this year.$3.10$0.00$3.10$0.41$0.37$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$0.71$0.34$0.36
2014Summary only. Only limited summary data is available for this year.$2.92$0.01$2.91$1.57$0.28$1.29
2013Summary only. Only limited summary data is available for this year.$1.51$0.03$1.48$0.21$0.20$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.00$1.36$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.02$1.37$0.29