VIRGINIA PENINSULA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION Charity Report

Public IRS 990 nonprofit record

VIRGINIA PENINSULA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION

EIN 52-1217532 · Education (B110)

What they do

THE VIRGINIA PENINSULA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION is A PRIVATE,NON-PROFIT, TAX EXEMPT ORGANIZATION DEDICATED to ADVANCING and FINANCIALLY SUPPORTING EDUCATIONAL EXCELLENCE AT VIRGINIA PENINSULA COMMUNITY COLLEGE. IT ALSO ENHANCES ACCESS to HIGHER EDUCATIONAL OPPORTUNITIES AT THE COLLEGE BY REDUCING FINANCIAL BARRIERS for VIRGINIA PENINSULA COMMUNITY COLLEGE STUDENTS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

49.73%of revenue went to mission work79.8% of expenses · Program services

3.97%of revenue went to fundraising6.4% of expenses

$62.31spent for every $100 of revenueRevenue covered expenses this year.

8.61%of revenue went to management and office costs13.8% of expenses

$7.57in assets for every $1 spent this yearSome assets cannot be spent right away.

20.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $30,808 for STEVE CARPENTER (FOUNDATION T). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,532,720

Mission workProgram services$1,756,79349.73% of revenue79.8% of expenses

ManagementOffice and general costs$304,3138.61% of revenue13.8% of expenses

FundraisingAsking for donations$140,1963.97% of revenue6.4% of expenses

Revenue left after expensesReported annual surplus$1,331,41837.69% of revenueShown in gray on the chart

Total expenses$2,201,30262.31% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 79.8% mission · 13.8% management · 6.4% fundraisingTotal expenses: 62.31% of revenue

2023Expense mix: 58.8% mission · 24.8% management · 16.3% fundraisingTotal expenses: 27.12% of revenue

2022Expense mix: 52.9% mission · 25.1% management · 22.0% fundraisingTotal expenses: 84.58% of revenue

2021Expense mix: 49.5% mission · 32.9% management · 17.7% fundraisingTotal expenses: 40.50% of revenue

2020Expense mix: 58.3% mission · 26.0% management · 15.7% fundraisingTotal expenses: 78.54% of revenue

2019Expense mix: 49.0% mission · 24.5% management · 26.5% fundraisingTotal expenses: 62.18% of revenue

2018Expense mix: 47.3% mission · 26.0% management · 26.7% fundraisingTotal expenses: 80.34% of revenue

2017Expense mix: 42.1% mission · 48.7% management · 9.3% fundraisingTotal expenses: 55.40% of revenue

Money in and money out

Revenue$3,532,720

Expenses$2,201,302

Annual surplus $1,331,418 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,756,793 · 79.8% of expenses

Management and office costs$304,313 · 13.8% of expenses

Fundraising$140,196 · 6.4% of expenses

See all reported dollar amounts

Revenue$3,532,720

Expenses$2,201,302

Assets$16,673,727

Income$13,545,114

Contributions$714,970

Mission work (program services)$1,756,793

Fundraising$140,196

Grants given$5,257,178

Average grant$375,513

Management and general$304,313

Stocks and bonds$12,602,382

Accounting fees$23,500

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

STEVE CARPENTERFOUNDATION T · 1 hrs/week $30,808Base · Other $30,808

STEVEN FELKERVP INST EFFE · 5 hrs/week $25,056Base · Other $25,056

DR PORTER BRANNONFOUNDATION S · 1 hrs/week $19,352Base · Other $19,352

TRACY ASHLEYEXECUTIVE DI · 36 hrs/week $11,208Base · Other $11,208

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

STEVE CARPENTERFOUNDATION T

STEVEN FELKERVP INST EFFE

DR PORTER BRANNONFOUNDATION S

TRACY ASHLEYEXECUTIVE DI

KEVIN GOETZBOARD MEMBER

WILLIAM GRACEBOARD MEMBER

TINA STIMSONBOARD MEMBER

SAMAR CHOPRABOARD VICE P

ROSS A MUGLERBOARD MEMBER

PATRESE HALLFOUNDATION A

MICHELLE MANFREDCOORD. FOR D

MATT HETTCHEBOARD MEMBER

AIMEE GOOCHFINANCE COMM

JESSE GOODRICHBOARD PRESID

DUSTIN DEVOREBOARD MEMBER

DUDLEY HARRISBOARD MEMBER

DR ANGELA GILESBOARD MEMBER

DAVID R BURRISBOARD MEMBER

CRYSTAL B BRIGHTBOARD MEMBER

CHARLES SOUTHALLBOARD MEMBER

ALEXANDER BURNETTEBOARD MEMBER

AKEEN WHITEBOARD MEMBER

About this charity

Recognized since: January 1981
Location: 525 BUTLER FARM ROAD SUITE 725, HAMPTON, VA 23666-1564
County: Hampton (city)
In care of: STEVEN FELKER
Primary officer: STEVEN FELKER, VP INST EFFECT/TRANS

How to reach them

WebsiteVisit the charity’s website Phone(757) 825-2716

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CARMINES ROBBINS & COMPANY PLC
NTEE classification: Education (B110)
Grant-giving organization: Yes