Virginia Congress Of Parents And Teachers
- Assets
- $1.1m
- Revenue
- $256.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Richmond, VA
- Founding
- 08/1985
- Data as of
- 06/2024
- EIN
- 54-0542801
Organization Overview
Virginia Congress Of Parents And Teachers is located in Richmond, VA. The organization was established in 1985. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. As of 06/2024, Virginia Congress Of Parents And Teachers employed 5 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Virginia Congress Of Parents And Teachers 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 06/2024, Virginia Congress Of Parents And Teachers generated $256.8k 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 (9.9%) each year. All expenses for the organization totaled $163.9k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (14.7%) 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE WELFARE OF CHILDREN IN HOME, SCHOOL, CHURCH, AND COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES AND TRAINING HOST STATE ANNUAL ALL UNIT MEETING AND MORE THAN 20 ON-LINE WEBINARS THROUGH-OUT THE YEAR. PROVIDE 6,000 LOCAL PTA LEADERS WITH AN OPPORTUNITY TO LEARN STRATEGIES FOR LEADING A SUCCESSFUL PTA UNIT AND ENABLE COLLABORATION ON WAYS TO IMPROVE FAMILY ENGAGEMENT, STUDENT ACADEMIC SUCCESS, HEALTH, AND WELLNESS.
BOARD ACTIVITIES TO OVERSEE VARIOUS ACTIVITIES OF THE MEMBERSHIP AND TO SUPPORT PROGRAMS AND ADVOCACY.
FAMILY ENGAGEMENT PROGRAMS CELEBRATED MORE THAN 100 STUDENTS WHO RECEIVED AN OUTSTANDING DESIGNATION AT THE STATE-LEVEL IN THE NATIONAL REFLECTIONS STUDENT ARTS CONTEST WITH TROPHIES AND AN IN-PERSON AWARD CEREMONY. VIRGINIA PTA CONTINUED ITS 100-YEAR TRADITION OF AWARDING SCHOLARSHIPS TO ENRICH EDUCATIONAL OPPORTUNITIES FOR VIRGINIAS GRADUATING SENIORS BASED ON THEIR COMMITMENT TO ACADEMIC SCHOLARSHIP AND COMMUNITY SERVICE. RECOGNIZED IMPACTFUL PTAS, VOLUNTEERS, AND SCHOOL ADMINISTRATORS FOR THEIR WORK BUILDING PARENT AND FAMILY ENGAGEMENT AND EXEMPLIFYING THE NATIONAL PTA STANDARDS OF FAMILY-SCHOOL PARTNERSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jenna Alexander President | OfficerTrustee | 40 | $0 |
Ben Pearson-Nelson President-Elect | OfficerTrustee | 35 | $0 |
Ann-Marie Ward Treasurer | OfficerTrustee | 35 | $0 |
Victor Chen Secretary | OfficerTrustee | 15 | $0 |
Lauren Klute VP Of Advocacy | Trustee | 15 | $0 |
Monique Womack VP Of Family Engagement | Trustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $193,325 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,825 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $220,150 |
| Total Program Service Revenue | $5,960 |
| Investment income | $14,840 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,831 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,450 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $256,775 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,601 |
| 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 | $60,488 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,169 |
| Payroll taxes | $4,736 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,715 |
| Fees for services: Accounting | $8,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $229 |
| Office expenses | $2,806 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,325 |
| Travel | $1,839 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,837 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,653 |
| Insurance | $1,450 |
| All other expenses | $9,462 |
| Total functional expenses | $163,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $333,269 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12 |
| 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 | $243 |
| Net Land, buildings, and equipment | $172,314 |
| Investments—publicly traded securities | $579,561 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,515 |
| Other assets | $0 |
| Total assets | $1,089,914 |
| Accounts payable and accrued expenses | $5,080 |
| 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 | $17,035 |
| Total liabilities | $22,115 |
| Net assets without donor restrictions | $1,067,799 |
| 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 | $1,089,914 |