Agcva Educational Foundation
- Assets
- $293.0k
- Revenue
- $226.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Glen Allen, VA
- Founding
- 10/1987
- Data as of
- 11/2023
- EIN
- 54-1366080
Organization Overview
Agcva Educational Foundation is located in Glen Allen, VA. The organization was established in 1987. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Agcva Educational Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AGCVA EDUCATIONAL FOUNDATION IS AN EDUCATIONAL FOUNDATION WHICH SEEKS TO SUPPORT PROGRAMS AND ACTIVITIES THROUGHOUT THE COMMONWEALTH DESIGNED TO ATTRACT AND TRAIN SKILLED WORKERS IN THE CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AGCVA EDUCATIONAL FOUNDATION WILL PROMOTE CAREERS IN VIRGINIA'S CONSTRUCTION INDUSTRY BY PROVIDING FUNDING AND OTHER SUPPORT FOR WORKFORCE DEVELOPMENT INITIATIVES, INCLUDING CRAFT TRAINING, CAREER ORIENTATION PROGRAMS AND JOB FAIRS, MENTORING, PROFESSIONAL DEVELOPMENT, HARD HAT CAMPS, SCHOLARSHIPS AND OTHER GRANTS, AND OTHER ACTIVITIES FOCUSED UPON THE CONSTRUCTION INDUSTRY WORKFORCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Robinson Ceo-Administrator & Secretary | OfficerTrustee | 0 | $0 |
Arlene Lee President | OfficerTrustee | 1 | $0 |
Chris Shifflett Vice President | OfficerTrustee | 1 | $0 |
Don Sproul Director | Trustee | 1 | $0 |
Danny Lee Director | Trustee | 1 | $0 |
Erin Turner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $226,303 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,303 |
| Total Program Service Revenue | $0 |
| Investment income | $13 |
| 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 | $226,316 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $21,275 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $3,600 |
| 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 | $0 |
| All other expenses | $3,791 |
| Total functional expenses | $28,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $292,981 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $292,981 |
| Accounts payable and accrued expenses | $8,275 |
| 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 | $4,141 |
| Total liabilities | $12,416 |
| Net assets without donor restrictions | $267,207 |
| Net assets with donor restrictions | $13,358 |
| 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 | $292,981 |
Grants Awarded
Over the last fiscal year, Agcva Educational Foundation has awarded $21,275 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
SKILLSUSA VIRGINIA PURPOSE: GENERAL PURPOSES | $15,000 |
CENTER FOR APPRENTICESHIP & ADULT TRAINING AT NEW HORIZONS PURPOSE: GENERAL PURPOSES | $500 |
VALLEY CAREER AND TECHNICAL CENTER PURPOSE: GENERAL PURPOSES | $1,000 |
ROANOKE TECHNICAL EDUCATION CENTER PURPOSE: GENERAL PURPOSES | $500 |
GOOCHLAND HIGH SCHOOL PURPOSE: GENERAL PURPOSES | $500 |
LAFAYETTE HIGH SCHOOL PURPOSE: GENERAL PURPOSES | $500 |