Podium Foundation
- Assets
- $661.5k
- Revenue
- $438.9k
- Investments
- $0.0
- Employees
- 6
- Location
- Richmond, VA
- Founding
- 12/2008
- Data as of
- 12/2021
- EIN
- 26-1877724
Organization Overview
Podium Foundation, operating under the name Podium RVA, is located in Richmond, VA. The organization was established in 2008. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Podium RVA employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Podium RVA 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, Podium RVA generated $438.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $133.3k during the year ending 12/2021. 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
PODIUM PROVIDES RICHMOND, VA YOUTH AGES 10-19, OVER 70% OF WHOM LIVE NEAR OR BELOW THE POVERTY LINE, OPPORTUNITIES TO EXPLORE THEIR PASSION FOR THE LITERARY ARTS WHILE IMPROVING ESSENTIAL WRITING AND COMMUNICATION SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TIER 1: FOUNDATIONAL EDUCATION PROGRAMS REINFORCE AND BUILD UPON LESSONS LEARNED DURING THE SCHOOL DAY FOR UNDER-RESOURCED COMMUNITIES, AND SCHOOLS WHILE IDENTIFYING WRITING AS A POSTIVE COPING TOOL FOR PERSONAL EXPESSION. PROGRAMS INCLUDE: THE TEEN SCENE (AGE 10-14),PREP YOUR NEXT STEP (AGES 13-15), AND THE POWER OF THE PEN (AGES 14-19). SERVED 300 YOUTH IN TAX YEAR 2021.
TIER 3: DEVELOPING YOUR PROFESSIONAL SELF: PROGRAMS CONNECT YOUTH ACROSS THE REGION AND COMMUNITIES TO WORK COLLABORATIVELY WITH DIVERSE PROFESSIONALS ON CAREER EXPLORATION, PROJECT MANAGEMENT,COLLEGE PREPARATION, AND LEADERSHIP. PROGRAMS FOR TEENS AGES 14 -19 INCLUDE PODIUMS TEEN PROFESSIONAL CONFERENCE, SUMMER LEARNING INTERNSHIP IN THE WRITING MENTORSHIP PROJECT, AND COLLEGIATE AND PROFESSIONAL PREPARATION COURSE. ACCOMPLISHMENTS: 66 YOUTH SERVED
TIER 2: CRAFTING YOUR INNER COMMUNICATOR: PROGRAMS SPARK CREATIVE INTERESTS OF YOUTH WHILE INSTILLING A GENUINE LOVE OF THE WRITTEN FORM. PROGRAMS FOLLOW ADVANCED EXPECTATIONS SURROUNDING CRITICAL THINKING AND ACADEMIC WRITING SKILLS. THE CREATIVE EXPRESSION COLLECTIVE IS FOR YOUTH AGES 14 - 19, AND PROGRAMS FOR YOUTH AGES 10 -14 INCLUDE: PROJECT WRITE NOW!, THE WEEKLY WORD, AND THE STEAM MACHINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victoria Yeroian Executive Director | 40 | $54,890 | |
Jerry Howard Chair | OfficerTrustee | 0 | $0 |
Brie Roberts Treasurer | OfficerTrustee | 0 | $0 |
Eddie Camp Vice Chair | OfficerTrustee | 0 | $0 |
Jeff Payne Director | Trustee | 0 | $0 |
Jeanie Araujo Wood Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,550 |
| All other contributions, gifts, grants, and similar amounts not included above | $396,468 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $414,018 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $20,622 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $438,854 |
| 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. | $52,000 |
| Compensation of current officers, directors, key employees. | $6,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,669 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,150 |
| Payroll taxes | $7,264 |
| Fees for services: Management | $178 |
| Fees for services: Legal | $41 |
| Fees for services: Accounting | $2,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,200 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,315 |
| Office expenses | $3,014 |
| Information technology | $2,826 |
| Royalties | $0 |
| Occupancy | $10,800 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $850 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $640 |
| All other expenses | $0 |
| Total functional expenses | $133,347 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $255,037 |
| Savings and temporary cash investments | $118,694 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,750 |
| 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 | $0 |
| Investments—program-related | $269,027 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $661,508 |
| 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 | $19,960 |
| Other liabilities | $0 |
| Total liabilities | $19,960 |
| Net assets without donor restrictions | $641,548 |
| 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 | $661,508 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Podium Foundation has recieved totaling $130,906.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $90,250 |
Robins Foundation Richmond, VA PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $25,000 |
National Book Foundation Inc New York, NY PURPOSE: LITERARY ARTS EMERGENCY FUND GRANT | $10,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,656 |
Endowment Analysis
| Beg. Balance | $152,882 |
| Admin Expense | $66 |
| Net Contributions | $116,211 |
| Ending Balance | $269,027 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Graduate Management Admission Council Reston, VA | $230,212,828 | $77,127,681 |
National Center For Research In Advanced Information & Digital Tec Washington, DC | $0 | $38,475,850 |
Common Application Inc Arlington, VA | $52,971,416 | $52,316,500 |
Longwood University Real Estate Foundation Farmville, VA | $322,438,396 | $31,911,007 |
Education Trust Inc Washington, DC | $60,384,663 | $28,594,144 |
Fwdus Education Fund Inc Washington, DC | $39,522,128 | $52,902,160 |
Chiefs For Change Washington, DC | $30,000,112 | $22,072,365 |
Duke Corporate Education Durham, NC | $27,489,390 | $18,675,614 |
Achieving The Dream Inc Silver Spring, MD | $48,979,373 | $23,156,070 |
Camc Health Education And Research Institute Inc Charleston, WV | $10,132,150 | $15,955,209 |
Cape Fear Tutoring Inc Wilmington, NC | $2,173,027 | $16,040,654 |
Us Ignite Inc Washington, DC | $5,718,790 | $15,311,234 |