Virginia Beach Growsmart Foundation is located in Virginia Beach, VA. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Beach Growsmart Foundation 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 Beach Growsmart Foundation generated $131.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $161.2k during the year ending 06/2024. While expenses have increased by 8.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
SQUARE ONE - PROVIDES FREE HIGH QUALITY TRAINING TO EARLY CHILD CARE AND EDUCATION PROVIDERS BOTH IN-PERSON AND ONLINE. TRAINING MATERIALS ARE INCLUDED AND 3,150 PROVIDERS RECEIVED TRAINING THIS YEAR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann K Crenshaw President | 0 | $0 | |
Martha J Sims Vice Preside | 0 | $0 | |
Jerry Stewart Treasurer | 0 | $0 | |
Alexandra Custis Director | 0 | $0 | |
Michael Harris Director | 0 | $0 | |
Sheila Magula Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,774 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,157 |
| Total Revenue | $131,931 |
| 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 | $113,371 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $47,848 |
| Total expenses | $161,219 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,185 |
| Other assets | $0 |
| Total assets | $103,206 |
| Total liabilities | $6,194 |
| Net assets or fund balances | $97,012 |