Skillsusa Foundation Inc
- Assets
- $0.0
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Leesburg, VA
- Founding
- 12/1967
- Data as of
- 08/2020
- EIN
- 23-7122568
Organization Overview
Skillsusa Foundation Inc is located in Leesburg, VA. The organization was established in 1967. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skillsusa Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2020, Skillsusa Foundation Inc generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $2.8m during the year ending 08/2020. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE SKILLSUSA FOUNDATION SERVES AS A VEHICLE FOR FUND-RAISING EFFORTS AND PROVIDES A FORUM FOR THE DIRECT INPUT OF OUR KEY BUSINESS PARTNERS IN SKILLSUSA'S MANAGEMENT. THE FOUNDATION RECEIVES GRANTS AND CONTRIBUTIONS TO PROMOTE CAREER, LEADERSHIP AND PROFESSIONAL DEVELOPMENT PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NLSC/SKILLS CHAMPIONSHIPS IS THE ANNUAL SHOWCASE ACTIVITY FOR THE BEST CAREER AND TECHNICAL STUDENTS IN AMERICA. THIS EVENT IS THE RESULT OF DIRECT INTERACTION BETWEEN BUSINESS AND EDUCATION WORKING TOGETHER TO REWARD STUDENTS FOR EXCELLENCE.
NLSC/SKILLS CHAMPIONSHIPS IS THE ANNUAL SHOWCASE ACTIVITY FOR THE BEST CAREER AND TECHNICAL STUDENTS IN AMERICA. THIS EVENT IS THE RESULT OF DIRECT INTERACTION BETWEEN BUSINESS AND EDUCATION WORKING TOGETHER TO REWARD STUDENTS FOR EXCELLENCE.
NLSC/SKILLS CHAMPIONSHIPS IS THE ANNUAL SHOWCASE ACTIVITY FOR THE BEST CAREER AND TECHNICAL STUDENTS IN AMERICA. THIS EVENT IS THE RESULT OF DIRECT INTERACTION BETWEEN BUSINESS AND EDUCATION WORKING TOGETHER TO REWARD STUDENTS FOR EXCELLENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Lawrence Former Executive Director | 4 | $278,997 | |
Kimberly Graham Treasurer | Officer | 4 | $115,193 |
Michelle Travis Executive Director | Officer | 1 | $33,654 |
Sam Bottum President | OfficerTrustee | 1 | $0 |
Becky Warren Director & Region Iv Rep | Trustee | 1 | $0 |
Charles Wallace Director & Region I Rep | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,644,033 |
| Investment income | $37,842 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,681,875 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $478,347 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $535,886 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $51,042 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,768,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Skillsusa Foundation Inc has recieved totaling $34,500.
| Awarding Organization | Amount |
|---|---|
Thdf Ii Inc Atlanta, GA PURPOSE: To assist local charities | $34,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youth Enrichment Program Of Wilson Wilson, NC | $22,968,665 | $15,099,824 |
Partnership For A Healthier America Inc Washington, DC | $8,156,675 | $7,675,528 |
Seeding Success Memphis, TN | $15,830,696 | $16,460,800 |
Emerald Youth Foundation Knoxville, TN | $26,135,509 | $10,102,853 |
Girls On The Run International Charlotte, NC | $10,723,648 | $6,480,865 |
Washington Nationals Philanthropies Washington, DC | $8,857,322 | $4,334,499 |
Tennessee Soccer Club Inc Brentwood, TN | $2,122,655 | $5,672,715 |
Peaceplayers International Washington, DC | $2,663,713 | $3,827,781 |
Impact Living Services Forest, VA | $3,151,473 | $6,118,517 |
Service Year Exchange Inc Washington, DC | $7,358,910 | $7,347,919 |
Richmond First Tee Richmond, VA | $10,036,196 | $3,399,029 |
Breakfree Education Columbia, MD | $2,710,082 | $3,378,734 |