Virginia Association For The Educat Ion Of Young Children
- Assets
- $382.1k
- Revenue
- $82.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- 09/2005
- Data as of
- 12/2021
- EIN
- 20-1565319
Organization Overview
Virginia Association For The Educat Ion Of Young Children is located in Charlottesville, VA. The organization was established in 2005. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Virginia Association For The Educat Ion Of Young Children 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 12/2021, Virginia Association For The Educat Ion Of Young Children generated $82.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $135.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
VAAEYC'S MISSION STATEMENT IS TO SERVE AND ACT ON BEHALF OF THE NEEDS AND RIGHTS OF ALL YOUNG CHILDREN AND TO WORK WITH ALL GROUPS SERVING THE INTEREST AND WELL BEING OF CHILDREN IN VIRGINIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VAAEYC PROVIDES PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR EARLY CHILDHOOD EDUCATORS; SUPPORTS EARLY CHILDHOOD EDUCATORS WITH A COMMUNITY OF PEERS; AND PROVIDES INFORMATION ON PUBLIC POLICY AND ADVOCACY THAT IMPACTS CHILDREN AND EDUCATORS IN VIRGINIA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joyce Oandasan President | OfficerTrustee | 5 | $0 |
Laura Basu Past Preside | OfficerTrustee | 2 | $0 |
Jennifer Strickler Secretary | OfficerTrustee | 2 | $0 |
Susan Hill Treasurer | OfficerTrustee | 2 | $0 |
Emily Heatwole Director | Trustee | 1 | $0 |
Cindy Brown Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,034 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $926 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,960 |
| Total Program Service Revenue | $44,083 |
| Investment income | $13,701 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $82,744 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,079 |
| Advertising and promotion | $889 |
| Office expenses | $6,710 |
| Information technology | $383 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $1,720 |
| All other expenses | $0 |
| Total functional expenses | $134,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,441 |
| Savings and temporary cash investments | $4,619 |
| 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 | $13,746 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $315,324 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $382,130 |
| Accounts payable and accrued expenses | $2,842 |
| Grants payable | $0 |
| Deferred revenue | $14,140 |
| 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 | $16,982 |
| Net assets without donor restrictions | $365,148 |
| 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 | $382,130 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Virginia Association For The Educat Ion Of Young Children has recieved totaling $30,076.
| Awarding Organization | Amount |
|---|---|
Sentara Healthcare Norfolk, VA PURPOSE: SPONSORSHIP | $15,000 |
Sentara Healthcare Norfolk, VA PURPOSE: SPONSORSHIP | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $76 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oak Ridge Associated Universities Inc Oak Ridge, TN | $44,030,627 | $90,563,395 |
Methodist University Inc Fayetteville, NC | $132,260,615 | $89,510,877 |
Entrepreneurs Organization Alexandria, VA | $61,864,158 | $33,696,911 |
American Council On Education Washington, DC | $87,315,703 | $34,913,177 |
Association For Supervision And Curriculum Development Arlington, VA | $74,879,436 | $26,629,493 |
Propane Education & Research Council Inc Washington, DC | $68,183,417 | $39,056,977 |
National Science Teaching Association Arlington, VA | $24,488,010 | $16,846,179 |
American Society Of Pension Professionals & Actuaries Inc Arlington, VA | $34,260,839 | $23,358,827 |
American Association Of Community Colleges Washington, DC | $17,692,990 | $18,107,472 |
National Board For Professional Teaching Standards Inc Arlington, VA | $7,108,000 | $15,320,880 |
National Association Of Independent Schools Inc Washington, DC | $58,850,620 | $18,662,235 |
Air Force Association Arlington, VA | $41,846,008 | $19,163,734 |