Virginia Assoc Of Soil
- Assets
- $4.9m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Mechanicsville, VA
- Founding
- 06/1966
- Data as of
- 06/2023
- EIN
- 54-6060779
Organization Overview
Virginia Assoc Of Soil is located in Mechanicsville, VA. The organization was established in 1966. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Assoc Of Soil is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2023, Virginia Assoc Of Soil generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 30.5% each year . All expenses for the organization totaled $2.1m during the year ending 06/2023. While expenses have increased by 26.5% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF GOOD PRACTICES RELATED TO SOIL AND WATER CONSERVATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE INFORMATION TO THE COMMUNITY REGARDING SOIL & WATER CONSERVATION; RECOGNIZE YOUTH WHO DEVOTE TIME AND EFFORT TO CONSERVATION ACTIVITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Graves President | OfficerTrustee | 3 | $0 |
Wayne Davis 1st Vice President | OfficerTrustee | 3 | $0 |
Donald L Wells Secretary/treasurer | OfficerTrustee | 5 | $0 |
Gary Boring 2nd Vice President | OfficerTrustee | 2 | $0 |
Giannina D Frantz Past President/director | Trustee | 0 | $0 |
Steven Meeks Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $154,724 |
| Fundraising events | $0 |
| Related organizations | $12,000 |
| Government grants | $90,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $257,624 |
| Total Program Service Revenue | $2,630,121 |
| Investment income | $92,059 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,817 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,976,987 |
| 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. | $92,667 |
| Compensation of current officers, directors, key employees. | $18,533 |
| Compensation to disqualified persons | $176,323 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $26,899 |
| Other employee benefits | $24,878 |
| Payroll taxes | $20,892 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,635 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,365 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,435 |
| Information technology | $7,903 |
| Royalties | $0 |
| Occupancy | $10,686 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,282 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,184 |
| All other expenses | $17,953 |
| Total functional expenses | $2,072,812 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,949,236 |
| Savings and temporary cash investments | $9,045 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $187,364 |
| Investments—other securities | $0 |
| Investments—program-related | $2,733,687 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,879,332 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $189 |
| Total liabilities | $189 |
| Net assets without donor restrictions | $4,879,143 |
| Net assets with donor restrictions | $0 |
| 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 | $4,879,332 |