Civic Intelligence

Lead Virginia

990 • Fiscal year 2018 • EIN 59-3806367

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 10, 2019

6800 Paragon Pl Ste 450Richmond, VA 23230

(804) 644-5323

Siviq Scores

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

Liabilities / Assets

75th percentile

0.24x

Higher debt load relative to assets than 75% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

74th percentile

0.19x

Higher debt load relative to revenue than 74% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

16th percentile

-16%

Higher net margin than 16% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

94th percentile

$160,850

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 21.7% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

17th percentile

-10%

Faster asset growth than 17% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

33rd percentile

-3.8%

Faster revenue growth than 33% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$576,055

Down $67,329 (-10%) from 2017

Net Assets

Down

$438,596

Down $130,743 (-23%) from 2017

Liabilities

Up

$137,459

Up $63,414 (+86%) from 2017

Revenue

Down

$742,379

Down $29,591 (-3.8%) from 2017

Expenses

Up

$862,216

Up $36,572 (+4.4%) from 2017

Net Income

Down

-$119,837

Down $66,163 (-123%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2014: $804,760Liabilities 2014: $69,028Net Assets 2014: $735,7322014Assets 2015: $830,199Liabilities 2015: $58,747Net Assets 2015: $771,4522015Assets 2016: $666,106Liabilities 2016: $41,328Net Assets 2016: $624,7782016Assets 2017: $643,384Liabilities 2017: $74,045Net Assets 2017: $569,3392017Assets 2018: $576,055Liabilities 2018: $137,459Net Assets 2018: $438,5962018Assets 2019: $716,762Liabilities 2019: $161,756Net Assets 2019: $555,0062019Assets 2020: $807,379Liabilities 2020: $410,324Net Assets 2020: $397,0552020Assets 2021: $666,110Liabilities 2021: $146,376Net Assets 2021: $519,7342021Assets 2022: $722,963Liabilities 2022: $239,608Net Assets 2022: $483,3552022Assets 2023: $680,877Liabilities 2023: $196,171Net Assets 2023: $484,7062023Assets 2024: $587,926Liabilities 2024: $104,600Net Assets 2024: $483,3262024

Highlighted filing

2018

Assets$576,055
Liabilities$137,459
Net Assets$438,596

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $914,543Expenses 2014: $690,498Net Income 2014: $224,0452014Revenue 2015: $809,304Expenses 2015: $773,584Net Income 2015: $35,7202015Revenue 2016: $632,415Expenses 2016: $787,718Net Income 2016: -$155,3032016Revenue 2017: $771,970Expenses 2017: $825,644Net Income 2017: -$53,6742017Revenue 2018: $742,379Expenses 2018: $862,216Net Income 2018: -$119,8372018Revenue 2019: $957,140Expenses 2019: $861,832Net Income 2019: $95,3082019Revenue 2020: $445,080Expenses 2020: $594,839Net Income 2020: -$149,7592020Revenue 2021: $964,237Expenses 2021: $838,662Net Income 2021: $125,5752021Revenue 2022: $819,452Expenses 2022: $804,031Net Income 2022: $15,4212022Revenue 2023: $783,706Expenses 2023: $795,254Net Income 2023: -$11,5482023Revenue 2024: $867,993Expenses 2024: $899,661Net Income 2024: -$31,6682024

Highlighted filing

2018

Revenue$742,379
Expenses$862,216
Net Income-$119,837
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 10, 2019
Return Version
2018v3.1
Gross Receipts
$747,752
Mission and Program Overview

Mission

Lead virginia connects leaders to shape the commonwealth's future through an annual program of educational forums and regional session visits to seven diverse regions of virginia. Framed around social capital theory and curriculum themes of economy, education and health, lead virginia's annual program attracts high performing leaders, challenges pre-conceived notions and provides participants with a 360-degree perspective of virginia's regions and their mutual interdependence. Graduates of the program are informed on issues important to virginia's future and prepared to serve at local, regional and statewide capacities with their statewide perspective.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$245,183$260,900▲ $15,717
Cash and Non-Interest-Bearing Accounts$169,196$108,886▼ $60,310
Investments in Publicly Traded Securities$66,215$98,667▲ $32,452
Pledges and Grants Receivable$97,837$60,424▼ $37,413
Land, Buildings, and Equipment, Net$22,216$20,757▼ $1,459
Accounts Receivable$31,052$19,733▼ $11,319
Prepaid Expenses and Deferred Charges$6,919$3,388▼ $3,531
Total Assets$643,384$576,055▼ $67,329
Other Assets Total$4,766$3,300▼ $1,466
Liabilities
Accounts Payable and Accrued Expenses$53,244$134,491▲ $81,247
Deferred Revenue$14,500--
Other Liabilities$6,301$2,968▼ $3,333
Total Liabilities$74,045$137,459▲ $63,414
Net Assets / Fund Balance
Unrestricted Net Assets$383,010$267,921▼ $115,089
Temporarily Rstr Net Assets$186,329$170,675▼ $15,654
Total Net Assets Fund Balance$569,339$438,596▼ $130,743
Total Liabilities and Net Assets / Fund Balance$643,384$576,055▼ $67,329

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$11,800$58,900$70,700
Equipment$8,957$22,054$31,011

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$107,329-▼ $2,911-$104,418
2017$105,974$100▲ $1,255-$107,329
2016$103,942$2,000▲ $32-$105,974
2015$103,637-▲ $305-$103,942
2014$101,074$2,500▲ $63-$103,637
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan HornePresident &FT$153,190$7,660$160,850
Susan HornePresident & CEO-$153,190$7,660$160,850

Board Members and Trustees

NameTitle
Deb GandyChair
Matt McqueenPast Chair
Mark GordonVice Chair
See AttachedDirector
Marcellous FryeSecretary
John YoungTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$298,900
Program Service Revenue
$422,054
Investment Income
$11,140
Other Revenue
$10,285
All Other Contributions
$298,900
Change in Net Assets
$-119,837

Audited Revenue Reconciliation

Revenue per Audited Statements
$742,379
Revenue Not Reported on Form 990
$32,574
Total Revenue per Audited Statements
$774,953
Total Revenue per Form 990
$742,379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$516,370
Salaries, Compensation, and Employee Benefits$345,846
Total Fundraising Expense$20,750
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$106,161$45,038$9,651$160,850
Other Salaries and Wages$102,860$43,638$9,351$155,849
Conferences and Meetings$57,876$5,872-$63,748
Occupancy-$39,095-$39,095
Travel$33,182--$33,182
Advertising$11,396$21,245-$32,641
Office Expenses$13,571$15,563-$29,134
Payroll Taxes$14,589$6,189$1,326$22,104
Fees for Services Accounting-$16,196-$16,196
All Other Expenses$40$13,502-$13,542
Depreciation Depletion-$10,495-$10,495
Other Expenses$8,287$12,373-$8,287
Pension Plan Contributions$4,649$1,972$422$7,043
Fees for Services Other-$6,357-$6,357
Insurance-$5,389-$5,389
Interest-$856-$856
Total Functional Expenses$597,686$243,780$20,750$862,216

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$905,696
Expenses per Audited Statements$862,216
Total Expenses per Form 990$862,216
Expenses Not Reported on Form 990$43,480
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$995
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
Obligations Under Capital Lease - St$2,968
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
Yes
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 form 990 was e-mailed to all board members for review prior to filing the return.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is reviewed at the annual board meeting and all board members are required to sign the disclosure form annually.

Form 990, Page 6, Part VI, Line 15A

Executive committee approves ceo compensation.

Form 990, Page 6, Part VI, Line 19

Available upon request and through giverichmond.org

Filing and Contact Details

Filer

Filer Name
Lead Virginia
EIN
59-3806367
Phone
8046445323
Address
6800 PARAGON PL STE 450, RICHMOND, VA 23230

Signing Officer

Name
Susan Horne
Title
President & CEO
Phone
8046445323
Signed
2019-09-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Horne
Formed
2005
Legal Domicile
Va
Voting Board Members
43
Independent Board Members
42
Employees
4
Volunteers
160

Preparer

Firm
Wellscoleman
Address
5004 MONUMENT AVE, RICHMOND, VA 23230
Preparer
Rebecca J Tres
Phone
8043581150
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Lead virginia connects leaders to shape the commonwealth's future through an annual program of educational forums and regional session visits to seven diverse regions of virginia. Framed around social capital theory and curriculum themes of economy, education and health, lead virginia's annual program attracts high performing leaders, challenges pre-conceived notions and provides participants with a 360-degree perspective of virginia's regions and their mutual interdependence. Graduates of the program are informed on issues important to virginia's future and prepared to serve at local, regional and statewide capacities with their statewide perspective.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from income taxes under internal revenue code section 501(c)(3) and, accordingly, the financial statements do not reflect a provision for income taxes. The organization files annually a return of organization exempt from income tax (form 990). The organization's tax returns from 2015 forward are subject to examination by the internal revenue service, generally for three years after they were filed.

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IRS990/MissionDesc0LEAD VIRGINIA CONNECTS LEADERS TO SHAPE THE COMMONWEALTH'S FUTURE THROUGH AN ANNUAL PROGRAM OF EDUCATIONAL FORUMS AND REGIONAL SESSION VISITS TO SEVEN DIVERSE REGIONS OF VIRGINIA. FRAMED AROUND SOCIAL CAPITAL THEORY AND CURRICULUM THEMES OF ECONOMY, EDUCATION AND HEALTH, LEAD VIRGINIA'S ANNUAL PROGRAM ATTRACTS HIGH PERFORMING LEADERS, CHALLENGES PRE-CONCEIVED NOTIONS AND PROVIDES PARTICIPANTS WITH A 360-DEGREE PERSPECTIVE OF VIRGINIA'S REGIONS AND THEIR MUTUAL INTERDEPENDENCE. GRADUATES OF THE PROGRAM ARE INFORMED ON ISSUES IMPORTANT TO VIRGINIA'S FUTURE AND PREPARED TO SERVE AT LOCAL, REGIONAL AND STATEWIDE CAPACITIES WITH THEIR STATEWIDE PERSPECTIVE.
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IRS990/OtherExpensesGrp/ProgramServicesAmt28287
IRS990/OtherExpensesGrp/TotalAmt0136006
IRS990/OtherExpensesGrp/TotalAmt1109069
IRS990/OtherExpensesGrp/TotalAmt212373
IRS990/OtherExpensesGrp/TotalAmt38287
IRS990/OtherLiabilitiesGrp/BOYAmt06301
IRS990/OtherLiabilitiesGrp/EOYAmt02968
IRS990/OtherRevenueMiscGrp/BusinessCd0611430
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2541800
IRS990/OtherRevenueMiscGrp/Desc0CONFERENCES AND LUNCHEONS
IRS990/OtherRevenueMiscGrp/Desc1CREDIT CARD REWARDS
IRS990/OtherRevenueMiscGrp/Desc2ADVERTISING - DIRECTORY
IRS990/OtherRevenueMiscGrp/ExclusionAmt05444
IRS990/OtherRevenueMiscGrp/ExclusionAmt12596
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12596
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21250
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt01250
IRS990/OtherRevenueTotalAmt09290
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09351
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043638
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0102860
IRS990/OtherSalariesAndWagesGrp/TotalAmt0155849
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01326
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06189
IRS990/PayrollTaxesGrp/ProgramServicesAmt014589
IRS990/PayrollTaxesGrp/TotalAmt022104
IRS990/PensionPlanContributionsGrp/FundraisingAmt0422
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01972
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04649
IRS990/PensionPlanContributionsGrp/TotalAmt07043
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt097837
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt060424
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06919
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03388
IRS990/PrincipalOfficerNm0SUSAN HORNE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/BusinessCd2611430
IRS990/ProgramServiceRevenueGrp/Desc0TUITION REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1ALUMNI EVENTS
IRS990/ProgramServiceRevenueGrp/Desc2APPLICATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0392750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt124744
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24560
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0392750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt124744
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24560
IRS990/ProgSrvcAccomActy2Grp/Desc0LEAD VIRGINIA ENCOURAGES ALUMNI ENGAGEMENT FOLLOWING COMPLETION OF ITS ANNUAL CLASS PROGRAM BY OFFERING EVENTS DESIGNED TO STIMULATE INTELLECTUAL INQUIRY, STAY INFORMED ON TIMELY TOPICS AND CONTINUE TO BUILD SOCIAL CAPITAL AMONG ITS ALUMNI NETWORK OF HIGH PERFORMING LEADERS ACROSS THE COMMONWEALTH. EVENTS INCLUDE THE CONVERSATIONS WITH LEADERS SPEAKER SERIES AND AN ANNUAL ALUMNI CONFERENCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt046520
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt024744
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0375116
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt04196
IRS990/PYOtherExpensesAmt0474721
IRS990/PYOtherRevenueAmt07988
IRS990/PYProgramServiceRevenueAmt0384670
IRS990/PYRevenuesLessExpensesAmt0-53674
IRS990/PYSalariesCompEmpBnftPaidAmt0350923
IRS990/PYTotalExpensesAmt0825644
IRS990/PYTotalRevenueAmt0771970
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-119837
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0397310
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0245183
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0260900
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FUNDRAISING EVENTS 30,701 CREDIT CARD REWARDS 4,067
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0298900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0375116
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0253063
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0391925
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0496297
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01815301
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011412
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04196
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01004
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02871
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01756
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt021239
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0994724
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt09035
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06687
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06533
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt06398
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt015150
IRS990ScheduleA/OtherIncome170Grp/TotalAmt043803
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.66290
IRS990ScheduleA/PublicSupportPY170Pct00.66340
IRS990ScheduleA/PublicSupportTotal170Amt01246569
IRS990ScheduleA/SubstantialContributorsTotAmt0568732
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0298900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0375116
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0253063
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0391925
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0496297
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01815301
IRS990ScheduleA/TotalSupportAmt01880343
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0107329
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0104418
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2911
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0105974
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0100
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0107329
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01255
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0103942
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt02000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0105974
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt032
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0103637
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0103942
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0305
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0101074
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt02500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0103637
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt063
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt043480
IRS990ScheduleD/DonatedServicesUseFcltsAmt043480
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt08957
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022054
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031011
IRS990ScheduleD/ExpensesNotReportedAmt043480
IRS990ScheduleD/ExpensesSubtotalAmt0862216
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-10906
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011800
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt058900
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt070700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02968
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OBLIGATIONS UNDER CAPITAL LEASE - ST
IRS990ScheduleD/RevenueNotReportedAmt032574
IRS990ScheduleD/RevenueSubtotalAmt0742379
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND, ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES. THE ORGANIZATION FILES ANNUALLY A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990). THE ORGANIZATION'S TAX RETURNS FROM 2015 FORWARD ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020757
IRS990ScheduleD/TotalExpensesPerForm990Amt0862216
IRS990ScheduleD/TotalLiabilityAmt02968
IRS990ScheduleD/TotalRevenuePerForm990Amt0742379
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0774953
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0905696
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0153190
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt07660
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SUSAN HORNE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0160850
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LEAD VIRGINIA CONNECTS LEADERS TO SHAPE THE COMMONWEALTH'S FUTURE THROUGH AN ANNUAL PROGRAM OF EDUCATIONAL FORUMS AND REGIONAL SESSION VISITS TO SEVEN DIVERSE REGIONS OF VIRGINIA. FRAMED AROUND SOCIAL CAPITAL THEORY AND CURRICULUM THEMES OF ECONOMY, EDUCATION AND HEALTH, LEAD VIRGINIA'S ANNUAL PROGRAM ATTRACTS HIGH PERFORMING LEADERS, CHALLENGES PRE-CONCEIVED NOTIONS AND PROVIDES PARTICIPANTS WITH A 360-DEGREE PERSPECTIVE OF VIRGINIA'S REGIONS AND THEIR MUTUAL INTERDEPENDENCE. GRADUATES OF THE PROGRAM ARE INFORMED ON ISSUES IMPORTANT TO VIRGINIA'S FUTURE AND PREPARED TO SERVE AT LOCAL, REGIONAL AND STATEWIDE CAPACITIES WITH THEIR STATEWIDE PERSPECTIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 WAS E-MAILED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS REVIEWED AT THE ANNUAL BOARD MEETING AND ALL BOARD MEMBERS ARE REQUIRED TO SIGN THE DISCLOSURE FORM ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE COMMITTEE APPROVES CEO COMPENSATION.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.88$1.05$4.83$8.68$9.00$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.81$1.96$4.85$7.84$7.95$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.23$2.40$4.83$8.19$8.04$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.66$1.46$5.20$9.64$8.39$1.26
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.07$4.10$3.97$4.45$5.95$1.50
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.17$1.62$5.55$9.57$8.62$0.95
2018Detailed filing. Detailed filing data is available for this year.$5.76$1.37$4.39$7.42$8.62$1.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.43$0.74$5.69$7.72$8.26$0.54
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.66$0.41$6.25$6.32$7.88$1.55
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.30$0.59$7.71$8.09$7.74$0.36
2014Detailed filing. Detailed filing data is available for this year.$8.05$0.69$7.36$9.15$6.90$2.24