Civic Intelligence

Vada Charitable Foundation Inc.

990 • Fiscal year 2023 • EIN 56-2381970

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 30, 2024

1800 West Grace StreetRichmond, VA 23220

(804) 545-3019

Siviq Scores

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

Liabilities / Assets

48th percentile

0.01x

Higher debt load relative to assets than 48% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.09x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

89th percentile

45%

Higher net margin than 89% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

100th percentile

$2,205,963

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 2333.4% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

61st percentile

9.0%

Faster asset growth than 61% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

79th percentile

44%

Faster revenue growth than 79% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$678,858

Up $55,959 (+9.0%) from 2022

Net Assets

Up

$670,308

Up $50,909 (+8.2%) from 2022

Liabilities

Up

$8,550

Up $5,050 (+144%) from 2022

Revenue

Up

$94,540

Up $28,843 (+44%) from 2022

Expenses

Down

$52,374

Down $6,148 (-11%) from 2022

Net Income

Up

$42,166

Up $34,991 (+488%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $383,031Liabilities 2011: $185Net Assets 2011: $382,8462011Assets 2012: $413,366Liabilities 2012: $3Net Assets 2012: $413,3632012Assets 2013: $455,090Liabilities 2013: $3Net Assets 2013: $455,0872013Assets 2014: $500,829Liabilities 2014: $7,493Net Assets 2014: $493,3362014Assets 2015: $521,988Liabilities 2015: $5,195Net Assets 2015: $516,7932015Assets 2016: $525,762Liabilities 2016: $3,272Net Assets 2016: $522,4902016Assets 2017: $529,828Liabilities 2017: $903Net Assets 2017: $528,9252017Assets 2018: $535,961Liabilities 2018: $8,307Net Assets 2018: $527,6542018Assets 2019: $570,143Liabilities 2019: $8,780Net Assets 2019: $561,3632019Assets 2020: $603,242Liabilities 2020: $3,500Net Assets 2020: $599,7422020Assets 2021: $662,432Liabilities 2021: $3,587Net Assets 2021: $658,8452021Assets 2022: $622,899Liabilities 2022: $3,500Net Assets 2022: $619,3992022Assets 2023: $678,858Liabilities 2023: $8,550Net Assets 2023: $670,3082023Assets 2024: $727,284Liabilities 2024: $3,500Net Assets 2024: $723,7842024Assets 2025: $779,158Liabilities 2025: $3,500Net Assets 2025: $775,6582025

Highlighted filing

2023

Assets$678,858
Liabilities$8,550
Net Assets$670,308

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2011: $4,5202011Expenses 2012: $14,3152012Expenses 2013: $15,6452013Revenue 2014: $89,142Expenses 2014: $50,448Net Income 2014: $38,6942014Revenue 2015: $102,650Expenses 2015: $64,600Net Income 2015: $38,0502015Revenue 2016: $86,698Expenses 2016: $61,475Net Income 2016: $25,2232016Revenue 2017: $91,613Expenses 2017: $102,888Net Income 2017: -$11,2752017Revenue 2018: $92,548Expenses 2018: $89,454Net Income 2018: $3,0942018Revenue 2019: $76,635Expenses 2019: $62,878Net Income 2019: $13,7572019Revenue 2020: $99,839Expenses 2020: $62,200Net Income 2020: $37,6392020Revenue 2021: $72,444Expenses 2021: $49,745Net Income 2021: $22,6992021Revenue 2022: $65,697Expenses 2022: $58,522Net Income 2022: $7,1752022Revenue 2023: $94,540Expenses 2023: $52,374Net Income 2023: $42,1662023Revenue 2024: $79,597Expenses 2024: $58,300Net Income 2024: $21,2972024Revenue 2025: $75,990Expenses 2025: $47,239Net Income 2025: $28,7512025

Highlighted filing

2023

Revenue$94,540
Expenses$52,374
Net Income$42,166
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 30, 2024
Return Version
2022v5.0
Gross Receipts
$94,540
Mission and Program Overview

Mission

Vada charitable foundation, inc. Was established to provide scholarships as well as to conduct educational, safety and research activities as they relate to the automobile industry.

Vada charitable foundation, inc. Was established to provide scholarships as well as to conduct educational, safety and research activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$467,174$489,633▲ $22,459
Cash and Non-Interest-Bearing Accounts$141,588$165,191▲ $23,603
Accounts Receivable$10,000$10,000→ $0
Savings and Temporary Cash Investments$2,949$3,653▲ $704
Prepaid Expenses and Deferred Charges$208$206▼ $2
Total Assets$622,899$678,858▲ $55,959
Other Assets Total$980$10,175▲ $9,195
Liabilities
Other Liabilities$3,500$8,550▲ $5,050
Total Liabilities$3,500$8,550▲ $5,050
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$619,399$670,308▲ $50,909
Total Net Assets Fund Balance$619,399$670,308▲ $50,909
Total Liabilities and Net Assets / Fund Balance$622,899$678,858▲ $55,959
Compensation and Service Providers

Employees

NameTitleOtherTotal
Natalie TolervVice President$116,145$116,145

Board Members and Trustees

NameTitle
David DillonChairman
Donald L HallPresident
Dan BanisterVice Chairman
Anne GambardellaExecutive Vice President
Ralston KingVice President
Chris LindsayDirector
Liza BorchesDirector
Tim PohankaDirector
Michael BurchCFO
Eley DukeSecretary
Roger KellerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$76,620
Program Service Revenue
$0
Investment Income
$17,920
Other Revenue
$0
All Other Contributions
$46,620
Change in Net Assets
$42,166

Audited Revenue Reconciliation

Revenue per Audited Statements
$91,035
Revenue Not Reported on Financial Statements
$3,505
Revenue Not Reported on Form 990
$8,748
Total Revenue per Audited Statements
$99,783
Total Revenue per Form 990
$94,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$42,000
Other Expenses$10,374
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$42,000--$42,000
Fees for Service Investment Mgmnt Fees-$3,505-$3,505
Insurance-$2,494-$2,494
Other Expenses$4,050$325-$325
Total Functional Expenses$46,050$6,324$0$52,374

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$52,374
Expenses per Audited Statements$48,869
Total Expenses per Audited Statements$48,869
Expenses Not Reported on Financial Statements$3,505
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$8,550
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is submitted to the organization and is reviewed by the audit committee.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Vada Charitable Foundation Inc
EIN
56-2381970
Phone
8045453019
Address
1800 WEST GRACE STREET, RICHMOND, VA 23220

Signing Officer

Name
Donald L Hall
Title
President
Phone
8045453019
Signed
2024-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald L Hall
Formed
2004
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Brown Edwards & Company Llp
Address
701 TOWN CENTER DRIVE SUITE 700, NEWPORT NEWS, VA 23606
Preparer
Jessica Hewitt
Phone
7578731033
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING -5.

Form 990, Part XII, Line 2C

The organization has a finance and budget committee that is responsible for the oversight of the audit. They review the audit report prior to it being finalized.

Financial Statement Notes

PART X, LINE 2:

The association applies the accounting standard regarding "accounting for uncertain tax positions". This accounting standard provides detailed guidance for consolidated financial statement recognition, measurement, and disclosure of uncertain tax positions recognized in the association's consolidated financial statements. It requires an entity to recognize the consolidated financial statement impact of a tax position when it is more likely than not that the position will not be sustained upon examination. The tax years of 2020 to 2022 remain subject to examination by the taxing authorities. The association includes penalties and interest assessed by income taxing authorities in operating expenses. No penalties or interest were incurred for the years ended june 30, 2023, 2022, and 2021.

Raw XML AppendixShowing 400 of 541 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/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/BOYAmt010000
IRS990/AccountsReceivableGrp/EOYAmt010000
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0VADA CHARITABLE FOUNDATION, INC. WAS ESTABLISHED TO PROVIDE SCHOLARSHIPS AS WELL AS TO CONDUCT EDUCATIONAL, SAFETY AND RESEARCH ACTIVITIES.
IRS990/AllOtherContributionsAmt046620
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TREASURER
IRS990/BooksInCareOfDetail/PhoneNum08045453019
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01800 WEST GRACE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0RICHMOND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd023220
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0141588
IRS990/CashNonInterestBearingGrp/EOYAmt0165191
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt076620
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt017920
IRS990/CYOtherExpensesAmt010374
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt042166
IRS990/CYSalariesCompEmpBnftPaidAmt042000
IRS990/CYTotalExpensesAmt052374
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt094540
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0VADA CHARITABLE FOUNDATION INC. WAS ESTABLISHED TO PROVIDE SCHOLARSHIPS AS WELL AS TO CONDUCT EDUCATIONAL, SAFETY AND RESEARCH ACTIVITIES RELATED TO MOTOR VEHICLES IN SOCIETY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt046050
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt03505
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt03505
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt060.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt260.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt360.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt460.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt774324
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt816442
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt920455
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1014339
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1113288
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID DILLON
IRS990/Form990PartVIISectionAGrp/PersonNm1DAN BANISTER
IRS990/Form990PartVIISectionAGrp/PersonNm2ROGER KELLER
IRS990/Form990PartVIISectionAGrp/PersonNm3ELEY DUKE
IRS990/Form990PartVIISectionAGrp/PersonNm4LIZA BORCHES
IRS990/Form990PartVIISectionAGrp/PersonNm5CHRIS LINDSAY
IRS990/Form990PartVIISectionAGrp/PersonNm6TIM POHANKA
IRS990/Form990PartVIISectionAGrp/PersonNm7DONALD L HALL
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL BURCH
IRS990/Form990PartVIISectionAGrp/PersonNm9ANNE GAMBARDELLA
IRS990/Form990PartVIISectionAGrp/PersonNm10RALSTON KING
IRS990/Form990PartVIISectionAGrp/PersonNm11NATALIE TOLERV
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/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt72131639
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt8166262
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9207929
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10138701
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11102857
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt030000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt094540
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02494
IRS990/InsuranceGrp/TotalAmt02494
IRS990/InvestmentIncomeGrp/ExclusionAmt017920
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt017920
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0467174
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0489633
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0VADA CHARITABLE FOUNDATION, INC. WAS ESTABLISHED TO PROVIDE SCHOLARSHIPS AS WELL AS TO CONDUCT EDUCATIONAL, SAFETY AND RESEARCH ACTIVITIES AS THEY RELATE TO THE AUTOMOBILE INDUSTRY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0619399
IRS990/NetAssetsOrFundBalancesEOYAmt0670308
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt08748
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0619399
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0670308
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0980
IRS990/OtherAssetsTotalGrp/EOYAmt010175
IRS990/OtherChangesInNetAssetsAmt0-5
IRS990/OtherExpensesGrp/Desc0PUBLIC RELATIONS
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0325
IRS990/OtherExpensesGrp/ProgramServicesAmt04050
IRS990/OtherExpensesGrp/TotalAmt04050
IRS990/OtherExpensesGrp/TotalAmt1325
IRS990/OtherLiabilitiesGrp/BOYAmt03500
IRS990/OtherLiabilitiesGrp/EOYAmt08550
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt042000
IRS990/OtherSalariesAndWagesGrp/TotalAmt042000
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0208
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0206
IRS990/PrincipalOfficerNm0DONALD L HALL
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt056640
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09057
IRS990/PYOtherExpensesAmt016522
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt07175
IRS990/PYSalariesCompEmpBnftPaidAmt042000
IRS990/PYTotalExpensesAmt058522
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt065697
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt042166
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02949
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03653
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt076620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt056640
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt061510
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt086450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt080180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0361400
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt017920
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010825
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010934
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt013389
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012469
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt065537
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84650
IRS990ScheduleA/PublicSupportPY170Pct00.85850
IRS990ScheduleA/PublicSupportTotal170Amt0361400
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt076620
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt056640
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt061510
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt086450
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt080180
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0361400
IRS990ScheduleA/TotalSupportAmt0426937
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/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt03505
IRS990ScheduleD/ExpensesSubtotalAmt048869
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt03505
IRS990ScheduleD/InvestmentExpensesNotIncldAmt03505
IRS990ScheduleD/NetUnrealizedGainsInvstAmt08748
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08550
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/RevenueNotReportedAmt08748
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt03505
IRS990ScheduleD/RevenueSubtotalAmt091035
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION APPLIES THE ACCOUNTING STANDARD REGARDING "ACCOUNTING FOR UNCERTAIN TAX POSITIONS". THIS ACCOUNTING STANDARD PROVIDES DETAILED GUIDANCE FOR CONSOLIDATED FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN THE ASSOCIATION'S CONSOLIDATED FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE CONSOLIDATED FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE TAX YEARS OF 2020 TO 2022 REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. THE ASSOCIATION INCLUDES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES IN OPERATING EXPENSES. NO PENALTIES OR INTEREST WERE INCURRED FOR THE YEARS ENDED JUNE 30, 2023, 2022, AND 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt052374
IRS990ScheduleD/TotalLiabilityAmt08550
IRS990ScheduleD/TotalRevenuePerForm990Amt094540
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt099783
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt048869
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt01300000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0831639
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1207929
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2166262
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3138701
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt044500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt114490
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt210540
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt37396
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt029824
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt15965
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt25902
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt36943
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DONALD L HALL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ANNE GAMBARDELLA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2MICHAEL BURCH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3RALSTON KING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1EXECUTIVE VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt02205963
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1228384
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2182704
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3153040
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS SUBMITTED TO THE ORGANIZATION AND IS REVIEWED BY THE AUDIT COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROUNDING -5.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS A FINANCE AND BUDGET COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT. THEY REVIEW THE AUDIT REPORT PRIOR TO IT BEING FINALIZED.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.79$0.04$7.76$0.76$0.47$0.29
2024Detailed filing. Detailed filing data is available for this year.$7.27$0.04$7.24$0.80$0.58$0.21
2023Detailed filing. Detailed filing data is available for this year.$6.79$0.09$6.70$0.95$0.52$0.42
2022Detailed filing. Detailed filing data is available for this year.$6.23$0.04$6.19$0.66$0.59$0.07
2021Detailed filing. Detailed filing data is available for this year.$6.62$0.04$6.59$0.72$0.50$0.23
2020Detailed filing. Detailed filing data is available for this year.$6.03$0.04$6.00$1.00$0.62$0.38
2019Detailed filing. Detailed filing data is available for this year.$5.70$0.09$5.61$0.77$0.63$0.14
2018Detailed filing. Detailed filing data is available for this year.$5.36$0.08$5.28$0.93$0.89$0.03
2017Detailed filing. Detailed filing data is available for this year.$5.30$0.01$5.29$0.92$1.03$0.11
2016Detailed filing. Detailed filing data is available for this year.$5.26$0.03$5.22$0.87$0.61$0.25
2015Detailed filing. Detailed filing data is available for this year.$5.22$0.05$5.17$1.03$0.65$0.38
2014Detailed filing. Detailed filing data is available for this year.$5.01$0.07$4.93$0.89$0.50$0.39
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.55$0.00$4.55$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.13$0.00$4.13$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.83$0.00$3.83$0.05