Route 247 Foundation Inc is located in Virginia Beach, VA. Route 247 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 12/2017, Route 247 Foundation Inc generated $14.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (23.7%) each year. All expenses for the organization totaled $22.1k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (32.6%) per year over the past 2 years. 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
2017
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL SUPPORT SERVICES - WORK ON IMPLEMENTING THE ONLINE COMMUNITY "VIRTUAL VILLAGE" APPROACH WITH A TEST SCHOOL PARTICIPANT TO DEMOSTRATE HOW THE PROGRAM WORKS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Maria Babb President | 40 | $9,750 | |
Lisa White Vice President | 40 | $9,750 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $14,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $21,093 |
Professional fees and other payments to independent contractors | $950 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $45 |
Other expenses | $30 |
Total expenses | $22,118 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |