Virginia Science Olympiad Inc
- Assets
- $87.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairfax, VA
- Founding
- 04/2009
- Data as of
- 06/2022
- EIN
- 26-3207699
Organization Overview
Virginia Science Olympiad Inc is located in Fairfax, VA. The organization was established in 2009. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Science Olympiad 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 06/2022, Virginia Science Olympiad Inc generated $52.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $52.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
OFFERING HIGH QUALITY EDUCATIONAL TOURNAMENT OFFERINGS, ENCOURAGING TEAMS TO RETURN AFTER PANDEMIC SHUTDOWNS - HAD A 20% INCREASE IN PARTICIPATION, INCLUDING A 43% INCREASE IN TITLE 1 SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Emmons State Director | 20 | $10,000 | |
Andrew Skinner Vice-Chair | 5 | $0 | |
Dan-Tam Nguyen Chair Of The Board | 10 | $0 | |
Cyrus Bakhshi Treasurer | 5 | $0 | |
Sam Tennison Secretary | 5 | $0 | |
Emily Owens Assistant State Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,131 |
| Total Program Service Revenue | $41,618 |
| Membership dues | $0 |
| Investment income | $66 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $625 |
| Other Revenue | $0 |
| Total Revenue | $52,440 |
| 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 | $10,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,263 |
| Total expenses | $52,803 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,827 |
| Other assets | $0 |
| Total assets | $87,827 |
| Total liabilities | $0 |
| Net assets or fund balances | $87,827 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Virginia Science Olympiad Inc has recieved totaling $55.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $55 |
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