Virginia Science Olympiad Inc is located in Fairfax, VA. The organization was established in 2009. 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. Virginia Science Olympiad 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 06/2024, Virginia Science Olympiad Inc generated $69.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $73.5k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
OFFERING HIGH QUALITY EDUCATIONAL TOURNAMENT OFFERINGS, ENCOURAGING TEAMS TO RETURN AFTER PANDEMIC SHUTDOWNS - HAD A 20% INCREASE IN PARTICIPATION, INCLUDING A 43% INCREASE IN TITLE 1 SCHOOLS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Owens State Director | 20 | $10,000 | |
Dan-Tam Nguyen Chair | 5 | $0 | |
Karen Emmons Treasurer | 5 | $0 | |
Katie Davis Secretary | 5 | $0 | |
Leah Puhlick Board Member | 5 | $0 | |
Andrew Skinner Vice-Chair | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,947 |
| Total Program Service Revenue | $51,915 |
| Membership dues | $0 |
| Investment income | $716 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,336 |
| Other Revenue | $10 |
| Total Revenue | $69,924 |
| 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 | $10,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $165 |
| Other expenses | $45,023 |
| Total expenses | $73,458 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,948 |
| Other assets | $0 |
| Total assets | $92,948 |
| Total liabilities | $5,635 |
| Net assets or fund balances | $87,313 |