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Nonprofit · EIN 20-5039673

VIRGINIA SPORTS HALL OF FAME FOUNDATION INC

Tax-exempt · PORTSMOUTH, VA 23707

Financials

$345K$326K2022$223K$337K2023
Revenue Expenses · by fiscal year end
Financials of VIRGINIA SPORTS HALL OF FAME FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990$223,263$336,672-$113,409$149,821$23,149$126,672
June 30, 2023990$345,439$325,987$19,452$257,767$14,208$243,559
Financial details: 990 for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$264,817
of which government grants
$50,000
Membership dues
$6,032
Program service revenue
$0
Investment income
$8,647
Net gain from sales of assets
$7,213
Net income from fundraising events
-$50,201
Other revenue
-$50,201

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$94,581
Other salaries and wages
$70,164
Salaries, compensation and benefits (total)
$178,926
Professional fundraising fees
$16,750
Accounting fees
$2,600
Occupancy
$34,677
Depreciation
$12,887
Program services (functional)
$63,015
Management and general (functional)
$225,254
Fundraising (functional)
$48,403

Balance sheet and other

Total assets, start of year
$257,767
Total assets, end of year
$149,821
Total liabilities, end of year
$23,149
Net assets, end of year
$126,672
Land, buildings and equipment
$40,169
Publicly traded securities
$13,729
Net assets without donor restrictions
$126,672
Gross receipts
$380,710
Employees
2
Volunteers
11
Year formed
2006
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
WILL DRISCOLLEXECUTIVE DIRECTOR
Trustee or director, Officer
40$89,303$11,591
MARTY MILLERCHAIRMAN OF THE BOARD
Trustee or director
5$0$0
LAUREN BLANDSECRETARY
Trustee or director
5$0$0
SABRINA JOSSTREASURER
Trustee or director
5$0$0
NATHAN BECKDIRECTOR
Trustee or director
5$0$0
MICHAEL CUDDYERDIRECTOR
Trustee or director
5$0$0
MIKE DAVISDIRECTOR
Trustee or director
5$0$0
CARL FARRISDIRECTOR
Trustee or director
5$0$0
DOUG FONDERDIRECTOR
Trustee or director
5$0$0
ERIN O'BRIENDIRECTOR
Trustee or director
5$0$0
TOM PARKERDIRECTOR
Trustee or director
5$0$0
TOM YEAGERDIRECTOR
Trustee or director
5$0$0
990 for the year ended June 30, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
WILL DRISCOLLEXECUTIVE DIRECTOR
Trustee or director, Officer
40$83,285$12,464
MARTY MILLERCHAIRMAN OF THE BOARD
Trustee or director
5$0$0
TOM PARKERVICE CHAIR
Trustee or director
5$0$0
LAUREN BLANDSECRETARY
Trustee or director
5$0$0
SABRINA JOSSTREASURER
Trustee or director
5$0$0
NATHAN BECKDIRECTOR
Trustee or director
5$0$0
MICHAEL CUDDYERDIRECTOR
Trustee or director
5$0$0
MIKE DAVISDIRECTOR
Trustee or director
5$0$0
CARL FARRISDIRECTOR
Trustee or director
5$0$0
DOUG FONDERDIRECTOR
Trustee or director
5$0$0
ERIN O'BRIENDIRECTOR
Trustee or director
5$0$0
TOM YEAGERDIRECTOR
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
623 SURRY ST, PORTSMOUTH, VA 23707-1326
In care of
% P EDWARD WEBB III
Principal officer (990 for 2023)
WILLIAM DRISCOLL, 283 CONSTITUTION DR 802, VIRGINIA BEACH, VA 23462
Signed the 990
WILLIAM DRISCOLL, EXECUTIVE DIRECTOR
Phone
(757) 800-1555
Return prepared by
CHERRY BEKAERT ADVISORY LLC

Mission

THE MISSION OF THE VIRGINIA SPORTS HALL OF FAME FOUNDATION IS TO SERVE AS A NON-PROFIT RESOURCE WHICH CELEBRATES ATHLETIC EXCELLENCE IN THE COMMONWEALTH OF VIRGINIA, WHILE INSPIRING THE PUBLIC THROUGH PROGRAMMING AND ENGAGING ENTERTAINMENT.

990 for the year ended June 30, 2024

Program accomplishments

  • INSPIRING THE PUBLIC THROUGH PROGRAMMING AND ENGAGING ENTERTAINMENT TO CELEBRATE THE LIVES AND ACCOMPLISHMENTS OF VIRGINIA'S FINEST ATHLETES.
    Expenses $63,015

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-5039673
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$149,821
Income (IRS master file)
$380,710

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2024$223,263$336,672$149,821IRS
990June 2023$345,439$325,987$257,767XML
990June 2022$257,352$283,938$262,046IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5039673).

Questions about VIRGINIA SPORTS HALL OF FAME FOUNDATION INC

What is the EIN of VIRGINIA SPORTS HALL OF FAME FOUNDATION INC?
The employer identification number (EIN) of VIRGINIA SPORTS HALL OF FAME FOUNDATION INC is 20-5039673.
Is VIRGINIA SPORTS HALL OF FAME FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to VIRGINIA SPORTS HALL OF FAME FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VIRGINIA SPORTS HALL OF FAME FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VIRGINIA SPORTS HALL OF FAME FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VIRGINIA SPORTS HALL OF FAME FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2024.
Who is the principal officer of VIRGINIA SPORTS HALL OF FAME FOUNDATION INC?
The 990 for the year ended June 30, 2024 names WILLIAM DRISCOLL.
Who are the officers and directors of VIRGINIA SPORTS HALL OF FAME FOUNDATION INC?
The 990 for the year ended June 30, 2024 lists 12 people; 1 received compensation from the organization, the highest $89,303 (WILL DRISCOLL, EXECUTIVE DIRECTOR).
How much revenue does VIRGINIA SPORTS HALL OF FAME FOUNDATION INC have?
On its 990 for the year ended June 30, 2024 it reported revenue of $223,263, expenses of $336,672 and total assets of $149,821 at year end.

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