Overview

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Est.

1984

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Southwest Virginia Workforce Development Board, with EIN 54-2010445, is dedicated to providing training and education to low-income or unemployed individuals through grants from the Department of Labor, facilitated by local and state agencies. Operating with a budget of $2.7 million and generating total revenue of $2.4 million in 2024, the organization relies on multiple funding sources, with no single funder contributing 50% or more of its revenue. While specific geographic details are not provided, the organization's focus is on workforce development in Southwest Virginia.

Mission Statement

PROVISION OF TRAINING AND EDUCATION TO LOW-INCOME OR UNEMPLOYED INDIVIDUALS USING GRANTS FROM THE DEPARTMENT OF LABOR PASSED THROUGH LOCAL AND STATE AGENCIES.
Revenues
$2.4M
Expenses
$2.7M
Net Income:
-$255.8K
Assets
$568.4K
Liabilities
$175.1K
Net Assets:
+$393.4K
Operating Budget
$2.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$100K
Largest grant received
$100K
A
Andy Miranda
Board Member
B
Beverly Proffitt
Board Member
C
Chris Sanders
Board Member

Frequently Asked Questions

What is SOUTHWEST VIRGINIA WORKFORCE DEVELOPMENT BOARD’s budget?
In 2024, SOUTHWEST VIRGINIA WORKFORCE DEVELOPMENT BOARD reported an annual operating budget of around $2.7 million. More detailed financial information is available to registered users.
What causes does SOUTHWEST VIRGINIA WORKFORCE DEVELOPMENT BOARD support?
SOUTHWEST VIRGINIA WORKFORCE DEVELOPMENT BOARD supports work in Job training, Public administration, and Job Preparation & Procurement.
Where does SOUTHWEST VIRGINIA WORKFORCE DEVELOPMENT BOARD operate?
SOUTHWEST VIRGINIA WORKFORCE DEVELOPMENT BOARD is headquartered in LEBANON, VA.
Who funded SOUTHWEST VIRGINIA WORKFORCE DEVELOPMENT BOARD recently?
In 2024, SOUTHWEST VIRGINIA WORKFORCE DEVELOPMENT BOARD received grants from THE THOMPSON CHARITABLE FOUNDATION, THE THOMPSON CHARITABLE FOUNDATION, and THE THOMPSON CHARITABLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant SOUTHWEST VIRGINIA WORKFORCE DEVELOPMENT BOARD received in 2024?
The largest grant to SOUTHWEST VIRGINIA WORKFORCE DEVELOPMENT BOARD in 2024 exceeds $100 thousand.
What is SOUTHWEST VIRGINIA WORKFORCE DEVELOPMENT BOARD’s reliance on government grants?
SOUTHWEST VIRGINIA WORKFORCE DEVELOPMENT BOARD relied on government grants for more than 95% of their total revenue in 2024.