University Of Virginia School Of Architecture
- Assets
- $18.0m
- Revenue
- $2.5m
- Investments
- $10.6m
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- 01/2016
- Data as of
- 06/2022
- EIN
- 20-1154531
Organization Overview
University Of Virginia School Of Architecture is located in Charlottesville, VA. The organization was established in 2016. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. University Of Virginia School Of Architecture 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 06/2022, University Of Virginia School Of Architecture generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $1.3m during the year ending 06/2022. While expenses have increased by 5.9% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE STUDY AND TEACHING OF ARCHITECTURE AT THE UNIVERSITY OF VIRGINIA THROUGH DIRECT FINANCIAL ASSISTANCE AND THROUGH STUDENT AND ALUMNI SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT SUPPORT PROVIDED TO THE UNIVERSITY OF VIRGINIA SCHOOL OF ARCHITECTURE INCLUDING SUPPORT FOR STUDENTS AND ALUMNI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Pierce Executive Director, Through 4/30/22 | Officer | 40 | $130,920 |
Guy Geier Board President | OfficerTrustee | 5 | $0 |
Avrom Posner Treasurer | OfficerTrustee | 3 | $0 |
Mary Mccarthy Board Vice President | OfficerTrustee | 3 | $0 |
Steven Wingfield Executive Director, After 4/30/22 | Officer | 40 | $0 |
Shelby Pruett Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,421,213 |
| Noncash contributions included in lines 1a–1f | $681,051 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,421,213 |
| Total Program Service Revenue | $0 |
| Investment income | $35,270 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,081 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,457,564 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $302,751 |
| 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. | $130,919 |
| Compensation of current officers, directors, key employees. | $36,657 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $285,769 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $143,748 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,296 |
| Fees for services: Accounting | $44,609 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,036 |
| Office expenses | $22,400 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $51,550 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,934 |
| All other expenses | $0 |
| Total functional expenses | $1,342,119 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,884,004 |
| Savings and temporary cash investments | $14,402 |
| Pledges and grants receivable | $2,309,470 |
| 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 | $0 |
| Investments—other securities | $10,579,015 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,248,969 |
| Total assets | $18,035,860 |
| Accounts payable and accrued expenses | $22,322 |
| 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 | $58,914 |
| Total liabilities | $81,236 |
| Net assets without donor restrictions | $53,151 |
| Net assets with donor restrictions | $17,901,473 |
| 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 | $18,035,860 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that University Of Virginia School Of Architecture has recieved totaling $58,780.
| Awarding Organization | Amount |
|---|---|
Virginia Environmental Endowment Richmond, VA PURPOSE: IMPLEMENTING THE RAFT (RESILIENCE ADAPTATION FEASIBILITY TOOL) TO INCREASE RESILIENCE IN VIRGINIA'S NORTHERN NECK | $29,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $23,700 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,080 |
The Fugitive Foundation Nashville, TN PURPOSE: OPERATING SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $9,746,892 |
| Earnings | -$562,559 |
| Admin Expense | $22,348 |
| Net Contributions | $1,785,917 |
| Other Expense | $368,887 |
| Ending Balance | $10,579,015 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Transylvania Vocational Services Inc Brevard, NC | $52,218,118 | $34,183,028 |
Champions For Education Inc Charlotte, NC | $4,769,828 | $14,830,024 |
Campus Development Foundation Inc Chattanooga, TN | $70,898,605 | $12,373,348 |
Kentucky Educational Development Corporation Ashland, KY | $6,070,827 | $11,298,796 |
Building Hope Finance Washington, DC | $123,995,340 | $7,003,194 |
Nc State Engineering Foundation Inc Raleigh, NC | $172,988,383 | $18,412,442 |
Dc Public Education Fund Washington, DC | $19,324,284 | $7,024,090 |
St Christophers School Foundation Richmond, VA | $94,106,126 | $9,680,251 |
National Automatic Sprinkler 669 Va Education Fund Columbia, MD | $15,668,623 | $8,120,660 |
United States Japan Foundation Owings Mills, MD | $106,169,200 | $4,759,214 |
Lowes Foundation Mooresville, NC | $8,794,184 | $2,155,365 |
Knox Education Foundation Knoxville, TN | $6,393,317 | $5,852,579 |