Destination Imagination Virginia
- Assets
- $124.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nelson, VA
- Founding
- 09/2019
- Data as of
- 06/2022
- EIN
- 54-1644861
Organization Overview
Destination Imagination Virginia is located in Nelson, VA. The organization was established in 2019. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Destination Imagination Virginia 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, Destination Imagination Virginia generated $9.5k 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 (25.2%) each year. All expenses for the organization totaled $15.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (17.8%) per year over the past 7 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
ADMINISTER DESTINATION IMAGINATION EDUCATIONAL EXPERIENCE IN VIRGINIA THROUGH A TOURNAMENT WHERE STUDENT TEAMS CAN SHARE THEIR SOLUTION TO STEAM CHALLENGES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jenny Sessoms Affiliate Director | 15 | $1,500 | |
Amy Hite Affiliate Director | 15 | $1,500 | |
Carrie Taylor Treasurer | 10 | $0 | |
Ben White Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,395 |
| Total Program Service Revenue | $5,408 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,469 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,500 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,054 |
| Printing, publications, postage, and shipping | $46 |
| Other expenses | $8,490 |
| Total expenses | $15,090 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,634 |
| Other assets | $0 |
| Total assets | $124,634 |
| Total liabilities | $0 |
| Net assets or fund balances | $124,634 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Destination Imagination Virginia has recieved totaling $24.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $24 |
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