Virginia Outdoor Adventure Inc
- Assets
- $6.4m
- Revenue
- $111.8k
- Investments
- $5.7m
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 03/2017
- Data as of
- 12/2022
- EIN
- 81-4736517
Organization Overview
Virginia Outdoor Adventure Inc is located in Virginia Beach, VA. The organization was established in 2017. 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 Outdoor Adventure 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 12/2022, Virginia Outdoor Adventure Inc generated $111.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.3%) each year. All expenses for the organization totaled $552.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOA PROVIDES AN INTRODUCTION TO OUTDOOR ACTIVITIES INCLUDING, BUT NOT LIMITED TO CAMPING, HIKING, CANOEING, AND OTHER SIMILAR ACTIVITIES TO 229 MALES AND FEMALES AGE 21 OR YOUNGER UNDER THE SUPERVISION OF QUALIFIED VOLUNTEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly R Thorp President | 30 | $73,400 | |
Linda J Thorp Vice President | 20 | $0 | |
Tina Ridgeway Treasurer | 30 | $100,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,879 |
| Interest on Savings | $6,327 |
| Dividends & Interest | $216,818 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$118,175 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $111,849 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $173,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35,056 |
| Depreciation | $0 |
| Occupancy | $28,797 |
| Travel, conferences, and meetings | $8,107 |
| Printing and publications | $0 |
| Other expenses | $88,985 |
| Total operating and administrative expenses | $383,429 |
| Contributions, gifts, grants paid | $169,340 |
| Total expenses and disbursements | $552,769 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,567 |
| Savings and temporary cash investments | $690,608 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,619 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,675,620 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,384,414 |
| Accounts payable and accrued expenses | $4,603 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,603 |
Grants Awarded
Over the last fiscal year, Virginia Outdoor Adventure Inc has awarded $169,340 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SAFE HOUSE PROJECT PURPOSE: SUPPORT TRAFFICKING SURVIVORS | $5,000 |
CONNECT WITH A WISH PURPOSE: SUPPORT FOSTER AND KINSHIP FAMILIES | $3,000 |
NATIONAL PHILANTHROPIC TRUST - GARLAND FUND DONOR ADVISED FUND PURPOSE: GENERAL SUPPORT | $160,000 |
BOY SCOUT TROOP #5376 PURPOSE: SCHOLARSHIPS FOR THREE CAMPERS | $840 |
OCEAN VIEW LITTLE LEAGUE CHALLENGER BASEBALL PURPOSE: SPECIAL NEEDS EQUIPMENT | $500 |