Civic Intelligence

Virginia Future Business Leaders of America Phi Beta Lambda Foundation

990EZ • Fiscal year 2020 • EIN 54-1653085

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 01, 2021

123 Wayside DriveBridgewater, VA 22812

(540) 515-3484

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$452,080

Up $16,000 (+3.7%) from 2019

Net Assets

Up

$452,080

Up $16,000 (+3.7%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses

Revenue

Down

$48,642

Down $7,993 (-14%) from 2019

Expenses

Up

$32,642

Up $7,430 (+29%) from 2019

Net Income

Down

$16,000

Down $15,423 (-49%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $252,017Net Assets 2011: $252,0172011Assets 2012: $267,243Net Assets 2012: $267,2432012Assets 2013: $283,969Liabilities 2013: $02013Assets 2014: $315,716Liabilities 2014: $0Net Assets 2014: $315,7162014Assets 2015: $348,221Liabilities 2015: $0Net Assets 2015: $348,2212015Assets 2016: $365,061Liabilities 2016: $0Net Assets 2016: $365,0612016Assets 2017: $373,276Liabilities 2017: $0Net Assets 2017: $373,2762017Assets 2018: $404,657Liabilities 2018: $0Net Assets 2018: $404,6572018Assets 2019: $436,080Liabilities 2019: $0Net Assets 2019: $436,0802019Assets 2020: $452,080Liabilities 2020: $0Net Assets 2020: $452,0802020Assets 2021: $449,918Liabilities 2021: $0Net Assets 2021: $449,9182021Assets 2022: $474,463Liabilities 2022: $0Net Assets 2022: $474,4632022Assets 2023: $493,054Liabilities 2023: $0Net Assets 2023: $493,0542023Assets 2024: $510,239Liabilities 2024: $0Net Assets 2024: $510,2392024Assets 2025: $551,416Liabilities 2025: $0Net Assets 2025: $551,4162025

Highlighted filing

2020

Assets$452,080
Liabilities$0
Net Assets$452,080

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2011: $24,705Expenses 2011: $14,782Net Income 2011: $9,9232011Revenue 2012: $33,973Expenses 2012: $18,747Net Income 2012: $15,2262012Revenue 2013: $33,094Expenses 2013: $16,368Net Income 2013: $16,7262013Revenue 2014: $49,274Expenses 2014: $17,527Net Income 2014: $31,7472014Revenue 2015: $58,183Expenses 2015: $25,678Net Income 2015: $32,5052015Revenue 2016: $42,021Expenses 2016: $25,181Net Income 2016: $16,8402016Revenue 2017: $33,193Expenses 2017: $24,978Net Income 2017: $8,2152017Revenue 2018: $54,685Expenses 2018: $23,304Net Income 2018: $31,3812018Revenue 2019: $56,635Expenses 2019: $25,212Net Income 2019: $31,4232019Revenue 2020: $48,642Expenses 2020: $32,642Net Income 2020: $16,0002020Revenue 2021: $41,313Expenses 2021: $43,475Net Income 2021: -$2,1622021Revenue 2022: $38,462Expenses 2022: $13,917Net Income 2022: $24,5452022Revenue 2023: $27,211Expenses 2023: $8,620Net Income 2023: $18,5912023Revenue 2024: $44,372Expenses 2024: $35,793Net Income 2024: $8,5792024Revenue 2025: $44,437Expenses 2025: $42,417Net Income 2025: $2,0202025

Highlighted filing

2020

Revenue$48,642
Expenses$32,642
Net Income$16,000
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 1, 2021
Return Version
2019v5.0
Gross Receipts
$48,642
Mission and Program Overview

Mission

See Sch O

The organization promotes the education of future business leaders by disseminating information, promoting and conducting research as it relates to business and business education, stimulating interest in business leadership, and recognizing deserving members who have achieved distinction in business and business education.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION CURRENTLY SERVES APPROXIMATELY 2,157 STUDENTS THROUGHOUT THE STATE OF VIRGINIA IN VARIOUS BUSINESS PROGRAMS.-$32,642
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KHALIL ANDRAOSPresident-$0--
BRIAN FERRELLVice Preside-$0--
SALLY G MARTINSecretary-$0--
WILLIAM L POWELLTreasurer-$0--
MIKE MILLSPast Preside-$0--
GENE STRALEYDirector-$0--
MALINDA HOGANDirector-$0--
STEPHANIE HOLTDirector-$0--
JULIE LEONARDDirector-$0--
STEPHEN LOCKDirector-$0--
SANDY MILLSDirector-$0--
DREW MULLINSDirector-$0--
CADDICE OWENSDirector-$0--
MEREDITH RITODirector-$0--
BEVERLY ROSSDirector-$0--
TIM RODRIGUEZDirector-$0--
JUDITH P SAMSDirector-$0--
KAYLA SIWIECDirector-$0--
BARBARA SMALLDirector-$0--
NICHOLAS WESTERNDirector-$0--
KARA WOODDirector-$0--
Filing and Contact Details

Filer

Filer Name
Phi Beta Lambda Foundation
EIN
54-1653085
Phone
5405153484
Address
123 WAYSIDE DRIVE, BRIDGEWATER, VA 22812

Signing Officer

Name
William L Powell
Title
Treasurer
Phone
5405153484
Signed
2021-02-01

Preparer

Firm
Donald V Steger Jr CPA Pc
Address
PO BOX 2006, STAUNTON, VA 24402-2006
Preparer
Donald V Steger Jr
Phone
5408866231
Supplemental Narrative

Additional Explanations

Form 990-ez, Page 1, Item C

Va fbla-pbl foundation, inc.

Form 990-ez, Part I, Line 16

Expenses leadership development 2,500 state leadership conference 9,025 meeting expenses-other 4,167 awards 16,250 bank service charges 25 presentation plaques 675 total 32,642

Form 990-ez, Part III

The organization promotes the education of future business leaders by disseminating information, promoting and conducting research as it relates to business and business education, stimulating interest in business leadership, and recognizing deserving members who have achieved distinction in business and business education.

Raw XML Appendix218 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VA FBLA-PBL FOUNDATION, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES LEADERSHIP DEVELOPMENT 2,500 STATE LEADERSHIP CONFERENCE 9,025 MEETING EXPENSES-OTHER 4,167 AWARDS 16,250 BANK SERVICE CHARGES 25 PRESENTATION PLAQUES 675 TOTAL 32,642
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROMOTES THE EDUCATION OF FUTURE BUSINESS LEADERS BY DISSEMINATING INFORMATION, PROMOTING AND CONDUCTING RESEARCH AS IT RELATES TO BUSINESS AND BUSINESS EDUCATION, STIMULATING INTEREST IN BUSINESS LEADERSHIP, AND RECOGNIZING DESERVING MEMBERS WHO HAVE ACHIEVED DISTINCTION IN BUSINESS AND BUSINESS EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM L POWELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05405153484
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PHI BETA LAMBDA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PHIB
ReturnHeader/Filer/EIN0541653085
ReturnHeader/Filer/PhoneNum05405153484
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022812
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541877324
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DONALD V STEGER JR CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2006
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STAUNTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0244022006
ReturnHeader/PreparerPersonGrp/PhoneNum05408866231
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALD V STEGER JR
ReturnHeader/ReturnTs02021-02-01T12:46:28-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.51$0.00$5.51$0.44$0.42$0.02
2024Detailed filing. Detailed filing data is available for this year.$5.10$0.00$5.10$0.44$0.36$0.09
2023Detailed filing. Detailed filing data is available for this year.$4.93$0.00$4.93$0.27$0.09$0.19
2022Detailed filing. Detailed filing data is available for this year.$4.74$0.00$4.74$0.38$0.14$0.25
2021Detailed filing. Detailed filing data is available for this year.$4.50$0.00$4.50$0.41$0.43$0.02
2020Detailed filing. Detailed filing data is available for this year.$4.52$0.00$4.52$0.49$0.33$0.16
2019Detailed filing. Detailed filing data is available for this year.$4.36$0.00$4.36$0.57$0.25$0.31
2018Detailed filing. Detailed filing data is available for this year.$4.05$0.00$4.05$0.55$0.23$0.31
2017Detailed filing. Detailed filing data is available for this year.$3.73$0.00$3.73$0.33$0.25$0.08
2016Detailed filing. Detailed filing data is available for this year.$3.65$0.00$3.65$0.42$0.25$0.17
2015Detailed filing. Detailed filing data is available for this year.$3.48$0.00$3.48$0.58$0.26$0.33
2014Detailed filing. Detailed filing data is available for this year.$3.16$0.00$3.16$0.49$0.18$0.32
2013Summary only. Only limited summary data is available for this year.$2.84$0.00$0.33$0.16$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$2.67$0.34$0.19$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$2.52$0.25$0.15$0.10