Matthew Vernon Poyner Memorial Foundation is located in Great Falls, VA. The organization was established in 2015. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Matthew Vernon Poyner Memorial Foundation 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 12/2023, Matthew Vernon Poyner Memorial Foundation generated $47.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $80.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.7%) 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
SUPPORT VETERANS' CAUSES, FUND MYOCARDITIS AWARENESS AND RESEARCH, PROVIDE LEADERSHIP AWARDS TO WELL-ROUNDED HIGH SCHOOL SENIOR STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vernon C Poyner Jr President | 0 | $0 | |
Dawna L Poyner Secretary | 0 | $0 | |
John Poyner Vice Preside | 0 | $0 | |
Greg Beckwith Director | 0 | $0 | |
Jim Ladd Director | 0 | $0 | |
Debbie Volpicelli Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $25,509 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $21,679 |
Other Revenue | $0 |
Total Revenue | $47,188 |
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 | $751 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $81 |
Total expenses | $80,832 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $13,687 |
Other assets | $0 |
Total assets | $13,687 |
Total liabilities | $0 |
Net assets or fund balances | $13,687 |