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Nonprofit · EIN 47-4842495

VIRGINIA BEACH ADAPTIVE WATERSPORTS INC

Also known as VIRGINIA BEACH ADAPTIVE WATER

Tax-exempt · VIRGINIA BCH, VA 23456

Financials

$19K$20K2023$11K$12K2024$17K$12K2025
Revenue Expenses · by fiscal year end
Financials of VIRGINIA BEACH ADAPTIVE WATERSPORTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$16,694$11,613$5,081$13,562$0$13,562
December 31, 2024990-PF$10,960$11,687-$727$8,481$0$8,481
December 31, 2023990-PF$18,761$19,612-$851$9,208$0$9,208
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$16,694

Expenses

Grants and similar amounts paid
$0
Disbursements for charitable purposes
$10,707

Balance sheet and other

Total assets, start of year
$8,481
Total assets, end of year
$13,562
Total liabilities, end of year
$0
Net assets, end of year
$13,562
Qualifying distributions
$10,707

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-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
EDWIN BEIN
301 SPARROW ROAD, CHESAPEAKE, VA 23325
President5$0
JOHN LIPSCOMB
2332 BURTON DRIVE, VIRGINIA BEACH, VA 23454
Vice President5$0
KATHERINE GRINNELL
1007 HANSON WAY, VIRGINIA BEACH, VA 23454
Treasurer5$0
CURTIS WHITE
549 CRABTREE LANE, VIRGINIA BEACH, VA 23452
Director1$0
BILL FERTIG
4304 ST MARTIN COURT, VIRGINIA BEACH, VA 23455
Secretary1$0
LAUREN REICH
1152 PINE SONG PL APT 102, VIRGINIA BEACH, VA 23451
Director1$0
990-PF for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
EDWIN BEIN
301 SPARROW ROAD, CHESAPEAKE, VA 23325
President5$0
JOHN LIPSCOMB
2332 BURTON DRIVE, VIRGINIA BEACH, VA 23454
Vice President5$0
KATHERINE GRINNELL
1007 HANSON WAY, VIRGINIA BEACH, VA 23454
Treasurer5$0
CURTIS WHITE
549 CRABTREE LANE, VIRGINIA BEACH, VA 23452
Director1$0
BILL FERTIG
4304 ST MARTIN COURT, VIRGINIA BEACH, VA 23455
Secretary1$0
LAUREN REICH
111E 18TH ST APT 206, NORFOLK, VA 23517
Director1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
EDWIN BEIN
301 SPARROW ROAD, CHESAPEAKE, VA 23325
President5$0
JOHN LIPSCOMB
2332 BURTON DRIVE, VIRGINIA BEACH, VA 23454
Vice President5$0
KATHERINE GRINNELL
1007 HANSON WAY, VIRGINIA BEACH, VA 23454
Treasurer5$0
CURTIS WHITE
549 CRABTREE LANE, VIRGINIA BEACH, VA 23452
Director1$0
BILL FERTIG
4304 ST MARTIN COURT, VIRGINIA BEACH, VA 23455
Secretary1$0

Address and contacts

Address (IRS master file)
PO BOX 56112, VIRGINIA BCH, VA 23456-1112
Signed the 990-PF
KATHERINE GRINNELL, Treasurer
Phone
(619) 892-2068
Return prepared by
Mulkey & Company PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
47-4842495
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2015
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$13,562
Income (IRS master file)
$16,694

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$16,694$11,613$13,562XML
990-PFDecember 2024$10,960$11,687$8,481XML
990-PFDecember 2023$18,761$19,612$9,208XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 47-4842495).

Questions about VIRGINIA BEACH ADAPTIVE WATERSPORTS INC

What is the EIN of VIRGINIA BEACH ADAPTIVE WATERSPORTS INC?
The employer identification number (EIN) of VIRGINIA BEACH ADAPTIVE WATERSPORTS INC is 47-4842495.
Is VIRGINIA BEACH ADAPTIVE WATERSPORTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to VIRGINIA BEACH ADAPTIVE WATERSPORTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does VIRGINIA BEACH ADAPTIVE WATERSPORTS INC file?
Form 990-PF. Private foundations file every year.
When is the next return of VIRGINIA BEACH ADAPTIVE WATERSPORTS INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VIRGINIA BEACH ADAPTIVE WATERSPORTS INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of VIRGINIA BEACH ADAPTIVE WATERSPORTS INC?
The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does VIRGINIA BEACH ADAPTIVE WATERSPORTS INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $16,694, expenses of $11,613 and total assets of $13,562 at year end.

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