Junior League Of Norfolk-Virginia Beach Incorporated
- Assets
- $682.9k
- Revenue
- $81.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Virginia Beach, VA
- Founding
- 03/1935
- Data as of
- 05/2024
- EIN
- 54-6044966
Organization Overview
Junior League Of Norfolk-Virginia Beach Incorporated is located in Virginia Beach, VA. The organization was established in 1935. According to its NTEE Classification (S81) the organization is classified as: Womens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Junior League Of Norfolk-Virginia Beach Incorporated 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 05/2024, Junior League Of Norfolk-Virginia Beach Incorporated generated $81.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $90.6k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE JUNIOR LEAGUE OF NORFOLK-VIRGINIA BEACH, INC. IS AN ORGANIZATION OF WOMEN, COMMITTED TO PROMOTING VOLUNTEERISM, DEVELOPING THE POTENTIAL OF WOMEN, AND IMPROVING COMMUNITIES THROUGH THE EFFECTIVE ACTION AND LEADERSHIP OF TRAINED VOLUNTEERS. ITS PURPOSE IS EXCLUSIVELY EDUCATIONAL AND CHARITABLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DEVELOPS THE POTENTIAL OF WOMEN BY TRAINING AND PROMOTING VOLUNTEERISM TO IMPROVE COMMUNITIES THROUGH THE LEADERSHIP OF VOLUNTEERS. THIS IS ACHEIVED BY HOLDING SEVERAL FUNDRAISING EVENTS AS WELL AS PROVIDING TRAINING FOR MEMBERS AND VOLUNTEERS TO ASSIST IN THE COMMUNITY.
THE ORGANIZATION PROVIDES GRANTS AND AWARDS TO OTHER CHARITABLE ORGANIZATIONS IN THE COMMUNITY. HOWEVER, NO GRANTS WERE MADE THIS YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Berry Nominating C | Trustee | $0 | |
Johanna Cunning Exec Vice Pr | Trustee | $0 | |
Tineke Cunning Deib Chair | Trustee | $0 | |
Jillian Goodwin President | Trustee | $0 | |
Kristen Lowe At Large Dir | Trustee | $0 | |
Shanon Miller Secretary | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $21,096 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,310 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,406 |
| Total Program Service Revenue | $0 |
| Investment income | $18,123 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$12,450 |
| Net Income from Fundraising Events | $45,427 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $81,506 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,142 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $240 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,616 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $104 |
| Office expenses | $16,034 |
| Information technology | $7,919 |
| Royalties | $0 |
| Occupancy | $20,631 |
| Travel | $6,081 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,752 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,603 |
| All other expenses | $900 |
| Total functional expenses | $90,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $82,323 |
| 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 | $611 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $599,763 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $682,897 |
| Accounts payable and accrued expenses | $9,004 |
| Grants payable | $0 |
| Deferred revenue | $15,603 |
| 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 | $24,607 |
| Net assets without donor restrictions | $186,151 |
| Net assets with donor restrictions | $472,139 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $682,897 |