Civic Intelligence

Southwest Virginia Higher Education Center Foundation

990 • Fiscal year 2016 • EIN 80-0232306

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

Organization ProfileN/A
One Partnership CircleAbingdon, VA 24210-1987

(276) 619-4345

Siviq Scores

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

Liabilities / Assets

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

8th percentile

0.01x

Higher debt load relative to revenue than 8% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

32nd percentile

-1.1%

Higher net margin than 32% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

23rd percentile

-3.5%

Faster asset growth than 23% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

92nd percentile

59%

Faster revenue growth than 92% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets14th percentile

Assets

Down

$10,134,553

Down $366,432 (-3.5%) from 2015

Net Assets

Down

$10,020,812

Down $434,637 (-4.2%) from 2015

Liabilities

Up

$113,741

Up $68,205 (+150%) from 2015

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin32nd percentile

Revenue

Up

$9,155,183

Up $3,394,387 (+59%) from 2015

Expenses

Up

$9,257,900

Up $4,189,564 (+83%) from 2015

Net Income

Down

-$102,717

Down $795,177 (-115%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$15M$10M$5.0M$0Assets 2009: $1Liabilities 2009: $0Net Assets 2009: $02009Assets 2010: $62,560Liabilities 2010: $0Net Assets 2010: $62,5602010Assets 2013: $6,574,946Liabilities 2013: $1,089,263Net Assets 2013: $5,485,6832013Assets 2014: $10,019,640Liabilities 2014: $256,651Net Assets 2014: $9,762,9892014Assets 2015: $10,500,985Liabilities 2015: $45,536Net Assets 2015: $10,455,4492015Assets 2016: $10,134,553Liabilities 2016: $113,741Net Assets 2016: $10,020,8122016Assets 2017: $9,596,457Liabilities 2017: $1,719Net Assets 2017: $9,594,7382017Assets 2018: $8,157,568Liabilities 2018: $43,849Net Assets 2018: $8,113,7192018Assets 2019: $7,663,778Liabilities 2019: $78,875Net Assets 2019: $7,584,9032019Assets 2020: $7,171,822Liabilities 2020: $15,197Net Assets 2020: $7,156,6252020Assets 2021: $6,877,615Liabilities 2021: $111,511Net Assets 2021: $6,766,1042021Assets 2022: $6,466,633Liabilities 2022: $10,000Net Assets 2022: $6,456,6332022Assets 2023: $6,210,152Liabilities 2023: $12,000Net Assets 2023: $6,198,1522023Assets 2024: $6,372,787Liabilities 2024: $10,000Net Assets 2024: $6,362,7872024

Highlighted filing

2016

Assets$10,134,553
Liabilities$113,741
Net Assets$10,020,812
Open 2016 Filing

Operations Trend

Revenue Growth92nd percentile

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

$10M$5.0M$0-$5.0MRevenue 2009: $0Expenses 2009: $0Net Income 2009: $02009Revenue 2010: $0Expenses 2010: $0Net Income 2010: $02010Revenue 2013: $7,622,783Expenses 2013: $2,725,822Net Income 2013: $4,896,9612013Revenue 2014: $8,730,454Expenses 2014: $4,453,148Net Income 2014: $4,277,3062014Revenue 2015: $5,760,796Expenses 2015: $5,068,336Net Income 2015: $692,4602015Revenue 2016: $9,155,183Expenses 2016: $9,257,900Net Income 2016: -$102,7172016Revenue 2017: $8,351,977Expenses 2017: $8,773,481Net Income 2017: -$421,5042017Revenue 2018: $1,565,958Expenses 2018: $3,046,977Net Income 2018: -$1,481,0192018Revenue 2019: $1,739,049Expenses 2019: $2,267,865Net Income 2019: -$528,8162019Revenue 2020: $1,222,648Expenses 2020: $1,650,926Net Income 2020: -$428,2782020Revenue 2021: $1,424,900Expenses 2021: $1,815,421Net Income 2021: -$390,5212021Revenue 2022: $622,435Expenses 2022: $826,533Net Income 2022: -$204,0982022Revenue 2023: $142,397Expenses 2023: $399,685Net Income 2023: -$257,2882023Revenue 2024: $622,221Expenses 2024: $460,303Net Income 2024: $161,9182024

Highlighted filing

2016

Revenue$9,155,183
Expenses$9,257,900
Net Income-$102,717
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 30, 2017
Return Version
2015v3.0
Gross Receipts
$9,155,183
Mission and Program Overview

Mission

The foundation was formed to support the educational programs and activities of the southwest virginia higher education center and the clean energy research and development center by providing administrative services, engaging in all matters. The foundation also administrates the tobacco region scholarship program on behalf of the virginia tobacco region revitalization commission.

The foundation was formed to support the educational programs and activities of the southwest virginia higher education center and the clean energy research and development center by providing administrative services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,486,499$8,389,163▼ $97,336
Savings and Temporary Cash Investments$2,014,486$1,745,390▼ $269,096
Total Assets$10,500,985$10,134,553▼ $366,432
Liabilities
Grants Payable$25,375$92,772▲ $67,397
Accounts Payable and Accrued Expenses$20,161$20,969▲ $808
Total Liabilities$45,536$113,741▲ $68,205
Net Assets / Fund Balance
Temporarily Rstr Net Assets$10,455,449$10,020,812▼ $434,637
Total Net Assets Fund Balance$10,455,449$10,020,812▼ $434,637
Total Liabilities and Net Assets / Fund Balance$10,500,985$10,134,553▼ $366,432

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,063,331$386,594$6,449,925
Equipment$1,952,434$1,137,673$3,090,107
Land$373,398-$373,398
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Marcia GilliamChairman
Alicia YoungVice President of Finance
Carol JonesDirector
David MatlockDirector
John RaineroDirector
Joseph P Johnson JrDirector
Lee CoburnDirector
Pat CalebsDirector
Sean McmurrayDirector
William D CarmackCEO
Gary HearlSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,104,745
Program Service Revenue
$13,413
Investment Income
$955
Other Revenue
$36,070
All Other Contributions
$15,100
Change in Net Assets
$-102,717
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$6,493,461
Other Expenses$2,764,439
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$6,493,461--$6,493,461
Depreciation Depletion$594,312--$594,312
Other Expenses$62,237--$62,237
Fees for Services Other-$59,206-$59,206
Office Expenses-$20,173-$20,173
Insurance-$12,556-$12,556
Fees for Services Accounting-$6,925-$6,925
Fees for Services Legal-$2,982-$2,982
Total Functional Expenses$9,156,058$101,842$0$9,257,900
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“A draft of form 990 is made available to members of the board of directors for their review approximately one week prior to filing.”

Form 990, Part VI, Section C, Line 19

“The foundation's governing documents, conflict of interest policy, and financial statements may be distributed to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Southwest Virginia Higher Education
EIN
80-0232306
Phone
2766194345
Address
ONE PARTNERSHIP CIRCLE, ABINGDON, VA 24210-1987

Signing Officer

Name
William D Carmack
Title
Chief Executive Officer
Phone
2766194345
Signed
2017-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William D Carmack
Formed
2008
Legal Domicile
Va
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Brown Edwards & Company Llp
Address
513 STATE STREET, BRISTOL, VA 24201
Preparer
Nita F Vollmer
Phone
2766696171
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“The foundation began to administer the tobacco region scholarship program for the virginia tobacco region revitalization commission. The program provides scholarships to eligible students residing in the tobacco regions of virginia.”

990 Part XI Line 8

“Prior period adjustment to correct errors in prior year”

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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/Desc0THE SOUTHWEST VIRGINIA HIGHER EDUCATION CENTER FOUNDATION MANAGES GRANTS FOR THE SOUTHWEST VIRGINIA CLEAN ENERGY RESEARCH AND DEVELOPMENT CENTER. THE VIRGINIA TOBACCO INDEMNIFICATION AND COMMUNITY REVITALIZATION IS THE SPONSOR FOR THE AWARDS MANAGED BY THE FOUNDATION. THE SPONSOR REQUIRES LARGE EQUIPMENT PURCHASES TO BE TITLED TO THE FOUNDATION WHILE THE AWARD IS MANAGED. THE TOBACCO INDEMNIFICATION AND COMMUNITY REVITALIZATION GRANT AWARDS ALLOW THE SOUTHWEST VIRGINIA CLEAN ENERGY RESEARCH AND DEVELOPMENT CENTER AND THE FOUNDATION ASSIST IN THE INDEMNIFICATION AND COMMUNITY REVITALIZATION GRANT AND GIVES BUSINESSES THE SUPPORT NEEDED FOR STARTING A NEW VENTURE. THE R&D CENTER'S FOCUS IS ON APPLIED RESEARCH FOR TECHNOLOGIES, POLICY, AND INFRASTRUCTURE ISSUES, ALONG WITH BROKERING OF KEY WORKFORCE NEEDS, WILL SYSTEMATICALLY CONNECT INDUSTRY WITH THE EDUCATION AND RESEARCH RESOURCES NEEDED.THE MISSION OF THE SOUTHWEST VIRGINIA HIGHER EDUCATION CENTER FOUNDATION IS TO SUPPORT THE PROGRAMS OF THE SOUTHWEST VIRGINIA HIGHER EDUCATION CENTER.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT OF FINANCE
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IRS990/MissionDesc0THE FOUNDATION WAS FORMED TO SUPPORT THE EDUCATIONAL PROGRAMS AND ACTIVITIES OF THE SOUTHWEST VIRGINIA HIGHER EDUCATION CENTER AND THE CLEAN ENERGY RESEARCH AND DEVELOPMENT CENTER BY PROVIDING ADMINISTRATIVE SERVICES, ENGAGING IN ALL MATTERS. THE FOUNDATION ALSO ADMINISTRATES THE TOBACCO REGION SCHOLARSHIP PROGRAM ON BEHALF OF THE VIRGINIA TOBACCO REGION REVITALIZATION COMMISSION.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE OPTAFUEL PROJECT IS USED TO DESIGN, CONSTRUCT, AND OPERATE A PILOT PLANT FOR THE NOVEL OPTAFUEL PROCESS TO CONVERT LIGNOCELLULOSIC BIOMASS TO CELLULOSIC ETHANOL, LIGNIN AND OTHER HIGH-VALUE BIOCHEMICALS AND BIOMATERIALS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0343773
IRS990/ProgSrvcAccomActy3Grp/Desc0THE FOUNDATION ADMINISTRATES THE TOBACCO REGION SCHOLARSHIP PROGRAM ON BEHALF OF THE VIRGINIA TOBACCO REGION REVITALIZATION COMMISSION. THE SCHOLOARSHIPS ARE AWARDED TO ELEIGIBLE STUDENTS WHO RESIDE IN THE COUNTIES DESIGNATED BY THE STATE AS THE TOBACCO REGION. IN THE CURRENT FISCAL YEAR THE FOUNDATION AWARDED SCHOLARSHIPS TO 2,980 ELIGIBLE STUDENTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt06493461
IRS990/ProgSrvcAccomActy3Grp/GrantAmt06493461
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05008364
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0620
IRS990/PYOtherExpensesAmt04984775
IRS990/PYOtherRevenueAmt017494
IRS990/PYProgramServiceRevenueAmt0734318
IRS990/PYRevenuesLessExpensesAmt0692460
IRS990/PYSalariesCompEmpBnftPaidAmt083561
IRS990/PYTotalExpensesAmt05068336
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05760796
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-102717
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt049483
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt035511
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt035511
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02014486
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01745390
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE BY-LAWS OF THE FOUNDATION LIMIT THE NUMBER OF FOUNDATION BOARD OF DIRECTORS WHO ALSO SERVE ON THE BOARD OF TRUSTEES OF THE SUPPORTED ORGANIZATION, THE SOUTHWEST VIRGINIA HIGHER EDUCATION CENTER, TO TWO COMMON MEMBERS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SECTION C, LINE 1
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0546001796
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0264716
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SOUTHWEST VIRGINIA HIGHER EDUCATION CENTER
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt0264716
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/BuildingsGrp/BookValueAmt06063331
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0386594
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06449925
IRS990ScheduleD/EquipmentGrp/BookValueAmt01952434
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01137673
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03090107
IRS990ScheduleD/LandGrp/BookValueAmt0373398
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0373398
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08389163
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt06293461
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TOBACCO REGION SCHOLARSHIP PROGRAM- PROVIDE SCHOLARSHIPS TO STUDENTS WHO RESIDE IN THE TOBACCO REGION OF VIRGINIA.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt02980
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION BEGAN TO ADMINISTER THE TOBACCO REGION SCHOLARSHIP PROGRAM FOR THE VIRGINIA TOBACCO REGION REVITALIZATION COMMISSION. THE PROGRAM PROVIDES SCHOLARSHIPS TO ELIGIBLE STUDENTS RESIDING IN THE TOBACCO REGIONS OF VIRGINIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF FORM 990 IS MADE AVAILABLE TO MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR REVIEW APPROXIMATELY ONE WEEK PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS MAY BE DISTRIBUTED TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR PERIOD ADJUSTMENT TO CORRECT ERRORS IN PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3990 PART XI LINE 8
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SOUTHWEST VIRGINIA HIGHER EDUCATION CENTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0546001796
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0170(B)(1)(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATIONAL ASSISTANCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 11B, II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0ONE PARTNERSHIP CIRCLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ABINGDON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd024210
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt010455449
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt010020812
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt010500985
IRS990/TotalAssetsEOYAmt010134553
IRS990/TotalAssetsGrp/BOYAmt010500985
IRS990/TotalAssetsGrp/EOYAmt010134553
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt09104745
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0101842
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt09156058
IRS990/TotalFunctionalExpensesGrp/TotalAmt09257900
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt045536
IRS990/TotalLiabilitiesEOYAmt0113741
IRS990/TotalLiabilitiesGrp/BOYAmt045536
IRS990/TotalLiabilitiesGrp/EOYAmt0113741
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010455449
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010020812
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt09156058
IRS990/TotalProgramServiceRevenueAmt013413
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0955
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt049483
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt09155183
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010500985
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010134553
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1987
IRS990/USAddress/CityNm0ABINGDON
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd0242121987

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$10,134,553
Liabilities
$113,741
Net assets
$10,020,812
Revenue
$9,155,183
Expenses
$9,257,900
Net income
-$102,717
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.37$0.01$6.36$0.62$0.46$0.16
2023Detailed filing. Detailed filing data is available for this year.$6.21$0.01$6.20$0.14$0.40$0.26
2022Detailed filing. Detailed filing data is available for this year.$6.47$0.01$6.46$0.62$0.83$0.20
2021Detailed filing. Detailed filing data is available for this year.$6.88$0.11$6.77$1.42$1.82$0.39
2020Detailed filing. Detailed filing data is available for this year.$7.17$0.02$7.16$1.22$1.65$0.43
2019Detailed filing. Detailed filing data is available for this year.$7.66$0.08$7.58$1.74$2.27$0.53
2018Detailed filing. Detailed filing data is available for this year.$8.16$0.04$8.11$1.57$3.05$1.48
2017Detailed filing. Detailed filing data is available for this year.$9.60$0.00$9.59$8.35$8.77$0.42
2016Detailed filing. Detailed filing data is available for this year.$10.1$0.11$10.0$9.16$9.26$0.10
2015Detailed filing. Detailed filing data is available for this year.$10.5$0.05$10.5$5.76$5.07$0.69
2014Detailed filing. Detailed filing data is available for this year.$10.0$0.26$9.76$8.73$4.45$4.28
2013Summary only. Only limited summary data is available for this year.$6.57$1.09$5.49$7.62$2.73$4.90
2010Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.00$0.00$0.00
2009Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00