PENINSULA COMMUNITY FOUNDATION OF VIRGINIA INC Charity Report

Public IRS 990 nonprofit record

PENINSULA COMMUNITY FOUNDATION OF VIRGINIA INC

EIN 54-2057957 · Community Foundations (T31)

What they do

to INSPIRE PHILANTHROPY BY OFFERING DONORS FLEXIBLE CHARITABLE FUND OPTIONS WITH A LONG-TERM GOAL of BUILDING PERMANENT ENDOWMENT FUNDS PRIMARILY for THE BROAD-BASED CHARITABLE BENEFIT of THE RESIDENTS of THE PENINSULA.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.50 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 leaders15 people are listed in the latest report.

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

Money made simple

80.02%of revenue went to mission work88.5% of expenses · Program services

2.39%of revenue went to fundraising2.6% of expenses

$90.38spent for every $100 of revenueRevenue covered expenses this year.

7.97%of revenue went to management and office costs8.8% of expenses

$5.79in assets for every $1 spent this yearSome assets cannot be spent right away.

60.7%of its money came from giftsOther money may come from services or investments.

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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.

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$3,457,197

Mission workProgram services$2,766,54380.02% of revenue88.5% of expenses

ManagementOffice and general costs$275,5537.97% of revenue8.8% of expenses

FundraisingAsking for donations$82,5562.39% of revenue2.6% of expenses

Revenue left after expensesReported annual surplus$332,5459.62% of revenueShown in gray on the chart

Total expenses$3,124,65290.38% 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: 88.5% mission · 8.8% management · 2.6% fundraisingTotal expenses: 90.38% of revenue

2023Expense mix: 88.5% mission · 8.3% management · 3.2% fundraisingTotal expenses: 78.02% of revenue

2022Expense mix: 89.5% mission · 7.2% management · 3.3% fundraisingTotal expenses: 106.67% of revenue

2021Expense mix: 89.9% mission · 7.5% management · 2.6% fundraisingTotal expenses: 45.69% of revenue

2020Expense mix: 90.6% mission · 5.8% management · 3.6% fundraisingTotal expenses: 102.93% of revenue

2019Expense mix: 85.8% mission · 8.9% management · 5.2% fundraisingTotal expenses: 62.11% of revenue

2018Expense mix: 88.2% mission · 7.6% management · 4.2% fundraisingTotal expenses: 74.73% of revenue

2017Expense mix: 85.6% mission · 13.3% management · 1.0% fundraisingTotal expenses: 73.50% of revenue

Money in and money out

Revenue$3,457,197

Expenses$3,124,652

Annual surplus $332,545 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)$2,766,543 · 88.5% of expenses

Management and office costs$275,553 · 8.8% of expenses

Fundraising$82,556 · 2.6% of expenses

See all reported dollar amounts

Revenue$3,457,197

Expenses$3,124,652

Assets$18,100,792

Income$10,571,019

Contributions$2,096,809

Mission work (program services)$2,766,543

Fundraising$82,556

Grants given$11,786,106

Average grant$25,024

Management and general$275,553

Executive compensation (total)$120,633

Stocks and bonds$16,938,339

Accounting fees$16,090

Investing fees$100,281

People

Leadership and board

Tax year 2024

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 (15)

ALAN S WITTDIRECTOR

ANNA VAN BURENDIRECTOR

ATTORNEY DONALD N PATTENDIRECTOR

ATTORNEY LAWRENCE G CUMMINGBOARD TREASU

CHRISTINE SNEADDIRECTOR

GORDON L GENTRY JRDIRECTOR EME

GREGORY F LAWSON CPA ABVBOARD PRESID

JACK L EZZELL JRDIRECTOR

JEFFREY D WASSMERDIRECTOR

MICHAEL A MONTEITHCEO/CFO

NANCY PETTERSDIRECTOR

RETIRED GENERAL WALLACE ARNOLDDIRECTOR

RICHARD J PEARCEDIRECTOR EME

RICK GALLAERDIRECTOR

SHEILA S NOLLBOARD SECRET

About this charity

Recognized since: January 2002
Location: 48 W QUEENS WAY, HAMPTON, VA 23669-4012
County: Hampton (city)
In care of: ADELIA THOMPSON
Primary officer: ADELIA THOMPSON, CEO

How to reach them

WebsiteVisit the charity’s website Emailpcfvirginia@gmail.com Phone(757) 327-0862

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: A ROHM SMITH & COMPANY
NTEE classification: Community Foundations (T31)
IRS tax category: Community Foundations
Grant-giving organization: Yes