Visit Loudoun Foundation Inc
- Assets
- $37.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Leesburg, VA
- Founding
- 03/2008
- Data as of
- 06/2023
- EIN
- 06-1820291
Organization Overview
Visit Loudoun Foundation Inc is located in Leesburg, VA. The organization was established in 2008. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Visit Loudoun 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 06/2023, Visit Loudoun Foundation Inc generated $12.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $15.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
TO RAISE AND DISTRIBUTE FUNDS FOR SCHOLARSHIPS TO BENEFIT INDIVIDUALS STUDYING AND TRAINING IN THE HOSPITALITY FIELD
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Stafford Chair | 0 | $0 | |
Erin Lombardi Vice Chair | 0 | $0 | |
Beth Erickson Secretary/treasurer | 0 | $0 | |
Leland Mahan Director | 0 | $0 | |
Gary Clemens Director | 0 | $0 | |
Ronda Powell Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,169 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $95 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,811 |
| Other Revenue | $0 |
| Total Revenue | $12,075 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $15,400 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,576 |
| Other assets | $0 |
| Total assets | $37,776 |
| Total liabilities | $0 |
| Net assets or fund balances | $37,776 |