Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Virginia Foundation for Educational Leadership Inc.
990 • Fiscal year 2015 • EIN 54-1773876
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.76x
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
66th percentile
Higher net margin than 66% of similar nonprofits.
Top Officer Pay
91st percentile
Higher top officer pay than 91% of similar nonprofits.
Top officer pay equals 38.7% of source-year revenue.
Asset Growth
5th percentile
Faster asset growth than 5% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Balance Sheet
Assets
Down$1,184,632
Down $364,223 (-24%) from 2014
Net Assets
Up$288,222
Up $50,237 (+21%) from 2014
Liabilities
Down$896,410
Down $414,460 (-32%) from 2014
Revenue And Expenses
Revenue
Down$559,292
Down $1,043,612 (-65%) from 2014
Expenses
Down$509,055
Down $904,292 (-64%) from 2014
Net Income
Down$50,237
Down $139,320 (-73%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2014 to Jun 30, 2015
- Signed
- May 13, 2016
- Return Version
- 2014v6.0
- Gross Receipts
- $559,292
Mission and Program Overview
Mission
To provide through its own activities, financial, and volunteer support the educational, scientific, and charitable purposes of the Virginia Association of Secondary School Principals, Inc., hereinafter referred to as the "VASSP".The Foundation is expressly prohibited from engaging in any activity which would be inconsistent with the status of an educational, scientific, and charitable organization as defined in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, or any successor provision (the "Code").To accomplish this object, the Foundation shall:A. Advance education in the field of pre-kindergarten through grade 16 (P-16) educational leadership and student leadership development.B. Develop and improve educational leadership in-service education by conducting education conferences, conventions, seminars, institutes, and workshops for leaders, students and student activity sponsors.C. Engage in research in the field of educational leadership and student leadership dev
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $1,195,769 | $1,184,632 | ▼ $11,137 |
| Accounts Receivable | $353,085 | $0 | ▼ $353,085 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Land, Buildings, and Equipment, Net | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $1,548,855 | $1,184,632 | ▼ $364,223 |
| Other Assets Total | $1 | $0 | ▼ $1 |
| Liabilities | |||
| Deferred Revenue | $840,000 | - | - |
| Accounts Payable and Accrued Expenses | $336,154 | $677,778 | ▲ $341,624 |
| Other Liabilities | $134,716 | $218,632 | ▲ $83,916 |
| Total Liabilities | $1,310,870 | $896,410 | ▼ $414,460 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $237,985 | $288,222 | ▲ $50,237 |
| Total Net Assets Fund Balance | $237,985 | $288,222 | ▲ $50,237 |
| Total Liabilities and Net Assets / Fund Balance | $1,548,855 | $1,184,632 | ▼ $364,223 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Randy D Barrack | President & CEO | PT | $65,587 | $150,915 | $65,587 |
Board Members and Trustees
| Name | Title |
|---|---|
| Lawrence W Lenz | Vice President |
| Brian K Matney | Trustee |
| Carole A Kihm | Trustee |
| David S Ellena | Trustee |
| Douglas Fulton | Trustee |
| Eric V Brent | Trustee |
| Jeffrey D Carroll | Trustee |
| Mark G Makovec | Trustee |
| Michael A Davidson | Trustee |
| Richard A Turner | Trustee |
| Tameshia V Grimes | Trustee |
| Tammy Houk | Trustee |
| Travis Burns | Trustee |
| Kevin G Bezy | Secretary |
| Donald D Vale | Treasurer |
| Dr Steven Staples | VA Dept Ed Rep |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $100
- Program Service Revenue
- $555,395
- Investment Income
- $3,797
- Other Revenue
- $0
- All Other Contributions
- $100
- Change in Net Assets
- $50,237
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $403,778 |
| Salaries, Compensation, and Employee Benefits | $105,277 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $348,511 | - | - | $348,511 |
| Current Officers, Directors, Trustees, and Key Employees | $45,911 | $19,676 | - | $65,587 |
| Fees for Services Accounting | - | $27,313 | - | $27,313 |
| Other Employee Benefits | $17,595 | $7,540 | - | $25,135 |
| Occupancy | $14,666 | $6,285 | - | $20,951 |
| Other Salaries and Wages | $6,773 | $2,902 | - | $9,675 |
| Payroll Taxes | $3,416 | $1,464 | - | $4,880 |
| Office Expenses | $2,968 | $1,272 | - | $4,240 |
| Travel | $817 | $350 | - | $1,167 |
| Other Expenses | $1,541 | $55 | - | $55 |
| Total Functional Expenses | $442,198 | $66,857 | $0 | $509,055 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Payable to VASSP (related organization) | $218,632 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- Yes
- Annual disclosure for covered persons
- No
- Audit committee
- Yes
- Backup withholding compliance
- 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
- Yes
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- No
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
“The PUBLIC and private SCHOOL PRINCIPALS AND ASSISTANT PRINCIPALS OF MIDDLE LEVEL AND HIGH SCHOOLS.”
Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body
“VA Association of Secondary School Principals' Board appoints the officers of the organization, and they serve as members of VA Foundation for Educational Leadership's board of directors.”
Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders
“MEMBERS of VA Association of Secondary School Principals elect the VASSP board, which serves as the Foundation's board of trustees. These trustees come from different regions in Virginia, serving for three-year terms, and are responsible FOR CONVEYING THE WISHES OF THOSE MEMBERS IN THEIR REGIONS. ALL ACTIONS/DECISIONS OF THE GOVERNING BODY ARE ULTIMATELY HELD ACCOUNTABLE BY THE MEMBERS.”
Form 990, Part VI, Line 11B: Form 990 Review Process
“Prior to filing, the 990 will be posted electronically for board review.”
Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts
“The board of trustees currently has in the approval process new policies or old policies under review that address the following-written conflict of interest policy, written whistle blower policy, detailed employment policies, board operation policies, financial procedures policies.”
Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management
“The President of the Foundation is paid through a related organization, VA Association of Secondary School Principals (VASSP). Through VASSP, the President's salary is compared annually with colleagues in similar positions in Virginia and throughout the nation. Where possible, reviews are done with written surveys. VASSP's Executive Committee recommends to VASSP's board the President's annual salary and salaries of all employees. The Board has final authority to approve the President and key employee salaries.”
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
“A summary of the financial statements are presented in the annual business report at the annual business meeting-which is open to the public. Form 990's are available for public inspection at the association's headquarters' building. The association's bylaws are posted online.”
Filing and Contact Details
Filer
- Filer Name
- Virginia Foundation for Educational
- EIN
- 54-1773876
- Phone
- 8043552777
- Address
- 4909 Cutshaw Avenue, Richmond, VA 23230
Signing Officer
- Name
- Randy D Barrack
- Title
- President & CEO
- Signed
- 2016-05-13
- Discuss with paid preparer
- Yes
Organization Details
- Formed
- 1995
- Legal Domicile
- Va
- Voting Board Members
- 17
- Independent Board Members
- 17
- Employees
- 0
Preparer
- Firm
- Stephen M Ragland Ltd
- Address
- 7204 Glen Forest Drive Suite 300, Richmond, VA 23226
- Preparer
- Elaine M Ragland CPA
- Phone
- 8042888516
Supplemental Narrative
Financial Statement Notes
Part X : FIN48 Footnote
“In accordance with U.S. GAAP, the Organization has concluded that they do not have any material uncertain tax positions to be accounted for in the financial statements as of June 30, 2015 or 2014.”
Raw XML AppendixShowing 400 of 581 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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| IRS990/Desc | 0 | VFELs Turnaround Zone Collaborative working with public school divisions with priority schools.Virginias Turnaround Zone draws its conceptual framework from the work published in The Turnaround Challenge by Mass Insight Education and Research Institute, Inc.In Virginias Lead Turnaround Partner (LTP) strategy, turnaround is a collaborative effort with the state, school division and LTP. The state is responsible for supporting the school division and LTP. At the state level, a differentiated system of support has been developed through collaboration among various offices within the VDOE and a multitude of educational partners. The state supports the reform by developing local capacity through the alignment of targeted differentiated supports through collaboration among various offices within the Virginia Department of Education and a group of external educational partners. The LTP, under contract with the local school board, brings increased resources and support for deep, systemic instructional reform. Under the ultimate authority of the local school board, the LTP leads the reform effort within the turnaround zone and is afforded the authority to act and make decisions. The LTP supports reform within the division in four key areas: people, time, programs and money. VFEL, under contract with the local school board, leads the reform effort within the turnaround zone by bringing increased resources and support for deep, systemic instructional reform. The state is responsible for supporting the school divisions and providing oversight of VFEL. State support includes, but is not limited to, ensuring the school and division teams are given convenient access to tools and resources to get the job done. A well-coordinated reform effort delivered with quality and accountability develops capacity in the division and school for sustained improvement. The transformation process requires a culture of candor in which VFEL, division and school personnel talk openly and honestly about the priority schools professional practices that contribute to student learning. Summary of VFEL Responsibilities defined in the Virginia ModelThe main purpose of VFEL is to assist the priority schools to increase student achievement and graduation rate. VFEL responsibilities include, but are not limited to:building local capacity with targeted and differentiated supports and interventions as determined by diagnostic reviews of student performance and practices; bringing increased resources to the schools and students in low-performing schools. These resources include increased human capital (people), time, money and programs; providing deep, systemic instructional reform for the school division and its affected priority school(s); coordinating and delivering practices with quality and accountability; andproviding a NISL-trained LTP representative to serve on the school Transformation Team. National Institute for School Leadership Training in VirginiaIn the Virginia Turnaround Zone Collaborative, VFEL will provide instructional and leadership specialists. One NISL-trained LTP representative will be assigned to meet monthly with the Transformation Team. These NISL trained LTP representatives will be in the training provided by the National Institute for School Leadership (NISL) for principals and division. This extensive training over the course of three years will provide everyone on the ground a better understanding of the school and the current resources brought to the school by the division staff and principal as well as the current instructional operational framework. This training will build the division and schools capacity to lead in times of adversity and make decisions to support student achievement for the period after the three years of the schools status. NISLs training is the research foundation of the VFEL project. The importance of leadership required in challenged schools not just by the principal, but by everyone tied to the school.NISL's Executi |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Jeffrey D Carroll |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Randy D Barrack |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Donald D Vale |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Kevin G Bezy |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Mark G Makovec |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Richard A Turner |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Lawrence W Lenz |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Tammy Houk |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Douglas Fulton |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | Eric V Brent |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Carole A Kihm |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | Tameshia V Grimes |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Travis Burns |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | Dr Steven Staples |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 65587 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 94686 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | President & CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | Trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | VA Dept Ed Rep |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/Form990TFiledInd | 0 | false |
| IRS990/FormationYr | 0 | 1995 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 17 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 559292 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 17 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 3797 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 3797 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 7 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | VA |
| IRS990/LicensedMoreThanOneStateInd | 0 | false |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | To provide through its own activities, financial, and volunteer support the educational, scientific, and charitable purposes of the Virginia Association of Secondary School Principals, Inc., hereinafter referred to as the "VASSP".The Foundation is expressly prohibited from engaging in any activity which would be inconsistent with the status of an educational, scientific, and charitable organization as defined in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, or any successor provision (the "Code").To accomplish this object, the Foundation shall:A. Advance education in the field of pre-kindergarten through grade 16 (P-16) educational leadership and student leadership development.B. Develop and improve educational leadership in-service education by conducting education conferences, conventions, seminars, institutes, and workshops for leaders, students and student activity sponsors.C. Engage in research in the field of educational leadership and student leadership dev |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 237985 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 288222 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 6285 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 14666 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 20951 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1272 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 2968 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 4240 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OrgFiledInLieuOfForm1041Ind | 0 | false |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 7540 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 17595 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 25135 |
| IRS990/OtherExpensesGrp/Desc | 0 | Postage and Shipping |
| IRS990/OtherExpensesGrp/Desc | 1 | Taxes & Licenses |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 55 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 1541 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 1541 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 55 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 134716 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 218632 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 2902 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 6773 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 9675 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 1464 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 3416 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 4880 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | NISL EDP |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Turnaround Zone Initiativ |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 128543 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 426852 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 128543 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 426852 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | NISL EDP-Under the guidance and direction of the Virginia Department of Education VFEL worked with the National Institute for School Leadership in bringing about their Executive Development Program for selected school principals and other school administrators in Virginia. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 51561 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 128543 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 100 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 4050 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 1262979 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1598754 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 189557 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 150368 |
| IRS990/PYTotalExpensesAmt | 0 | 1413347 |
| IRS990/PYTotalRevenueAmt | 0 | 1602904 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 50237 |
| IRS990/RegularMonitoringEnfrcInd | 0 | false |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 426852 |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 100 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 100 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 18600 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 147277 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 153825 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 319902 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 3797 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 4050 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1621 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 32 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 125 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 9625 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 555396 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 1598753 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 530027 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 2684176 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 3797 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 4050 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 1621 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 32 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 125 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 9625 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00320 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00240 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $1,184,632
- Liabilities
- $896,410
- Net assets
- $288,222
- Revenue
- $559,292
- Expenses
- $509,055
- Net income
- $50,237