Virginia Beach Police Foundation Inc
- Assets
- $329.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 04/2009
- Data as of
- 06/2023
- EIN
- 26-2175051
Organization Overview
Virginia Beach Police Foundation Inc is located in Virginia Beach, VA. The organization was established in 2009. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Beach Police 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 06/2023, Virginia Beach Police Foundation Inc generated $27.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $42.5k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linwood O Branch Past-President | 1 | $0 | |
Howard T Carr Vice-President | 1 | $0 | |
Mike Prendegast Secretary | 1 | $0 | |
William J Brunke IV Treasurer | 5 | $0 | |
Raymond Bach Director | 1 | $0 | |
Sandra C Canada Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,665 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,356 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,064 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $166 |
| Other expenses | $18,043 |
| Total expenses | $42,537 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $326,075 |
| Other assets | $0 |
| Total assets | $329,795 |
| Total liabilities | $0 |
| Net assets or fund balances | $329,795 |