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SOUTHWEST VIRGINIA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC

SOUTHWEST VIRGINIA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC

Richlands, VA, US
501(c)3
EIN
54-1168575
funder logo

SOUTHWEST VIRGINIA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC

Richlands, VA, US
501(c)3
EIN
54-1168575

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2025

$1,927,046

Contributions
45%
Investments
37%
Other
15%
Fundraising Events
3%
Government Grants
<1%
Program Services
0%
Membership Dues
0%
Expenses in 2025

$3,071,605

Grants
77%
Salaries & Benefits
15%
Fees to Service Providers
4%
Other
4%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$874,560
$867,767
-1%
Government Grants
$389,504
$4,650
-99%
Fundraising Events
$49,545
$60,907
+23%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$918,571
$714,172
-22%
Other
$379,836
$279,550
-26%
Total Revenues
$2,612,016
$1,927,046
-26%
Expenses
2024
2025
Change
Grants
$2,569,635
$2,354,370
-8%
Benefits to Members
$0
$0
-
Salaries & Benefits
$497,563
$451,980
-9%
Fees to Service Providers
$148,410
$123,395
-17%
Advertising & Promotion
$3,510
$0
-100%
Offices, Occupancy & IT
$143,520
$21,427
-85%
Interest
$153,053
$0
-100%
Depreciation
$364,737
$7,475
-98%
Other
$385,962
$112,958
-71%
Total Expenses
$4,266,390
$3,071,605
-28%
Net income
2024
2025
Change
Net income
-$1,654,374
-$1,144,559
+31%
Functional Expenses
Summary
2024
2025
Change
Program
$3,474,757
$2,458,459
-29%
Admin
$671,161
$504,208
-25%
Fundraising
$120,472
$108,938
-10%
Total Expenses
$4,266,390
$3,071,605
-28%
Income Statement
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