STATE FAIR OF VIRGINIA INCC/O LYNN L TAVENNER TRUSTEE Charity Report

Public IRS 990 nonprofit record

STATE FAIR OF VIRGINIA INCC/O LYNN L TAVENNER TRUSTEE

EIN 54-0616346

What they do

STATE FAIR of VIRGINIA, INC. PROMOTES THE ECONOMY of VIRGINIA BY FOSTERING THE WISE and PRUDENT USE of NATURAL RESOURCES and EDUCATING THE CONSUMING PUBLIC.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $0.00 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 2016The report may be old. Ask for a newer one.

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

They name their leaders1 people are listed in the latest report.

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

Money made simple

$3,183.87spent for every $100 of revenueSpending was higher than revenue this year.

3,183.87%of revenue went to management and office costs100.0% of expenses

$415.43in assets for every $1 spent this yearSome assets cannot be spent right away.

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.

Worth asking: Expenses exceeded revenue by $181,023 this year. Ask whether that was planned or caused by a one-time event.

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 2016

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$5,870

Mission workProgram services0.00% of revenue0.0% of expenses

ManagementOffice and general costs$186,8933,183.87% of revenue100.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$186,8933,183.87% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$5,870

Expenses$186,893

Annual shortfall $181,023 Expenses were higher than revenue 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.

Management and office costs$186,893 · 100.0% of expenses

See all reported dollar amounts

Revenue$5,870

Expenses$186,893

Assets$77,640,980

Management and general$186,893

Stocks and bonds$1,091,139

People

Leadership and board

Tax year 2016

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (1)

LYNN L TAVENNERTRUSTEE

About this charity

Location: 20 N 8TH STREET SECOND FLOOR, RICHMOND, VA 23219
County: City of Richmond
In care of: LYNN L TAVENNER

How to reach them

WebsiteVisit the charity’s website Phone(804) 783-8300

Filing and classification

Latest tax year: 2016
Tax period began: February 1, 2016
Tax preparer: BARRY STRICKLAND & COMPANY