Southside Virginia Communtiy College Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
Southside Virginia Communtiy College Foundation Inc is a 501(c)(3) organization based in Alberta, Virginia, registered in 1982, with $2,055,594 in FY2023 revenue. CharityIndex grades it B.
109 Campus Dr, Alberta, VA, 23821 EIN 52-1238450 Since 1982
Revenue (FY2023)
$2.1M
▼ 2.7% vs prior year
Education median: $200K
Expenses (FY2023)
$1.5M
Net assets
$8.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Southside Virginia Communtiy College Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating72 mo reserves · +27% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Southside Virginia Communtiy College Foundation Inc: 72 mo reserves · +27% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Southside Virginia Communtiy College Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Southside Virginia Communtiy College Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 109 Campus Dr, Alberta, VA, 23821
- City
- Alberta
- State
- Virginia
- Category
- Education
- Subcategory
- Colleges & Universities
- Website
- …
Financial trends
Revenue grew from $922K (FY2013) to $2.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $924KNet assets $8.9M
Operating margin
27.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.9M
Total liabilities
$924K
Net assets
$8.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,055,594▼2.7% | $1,491,764▲11.1% | $8,928,727▲11.4% | $9,852,295▲16.8% | 990 |
| 2022 | $2,113,496▲75.5% | $1,343,131▲87.0% | $8,017,727▲12.6% | $8,434,011▲10.6% | 990 |
| 2021 | $1,204,135▼1.1% | $718,414▼12.2% | $7,123,516▼4.2% | $7,627,840▲0.4% | 990 |
| 2020 | $1,218,107▼13.3% | $817,970▼39.4% | $7,438,590▲24.0% | $7,598,695▲20.7% | 990 |
| 2019 | $1,405,485▲6.3% | $1,348,742▲28.2% | $6,000,025▼0.8% | $6,294,532▼0.4% | 990 |
| 2018 | $1,322,371▲32.4% | $1,052,419▲41.5% | $6,049,284▲7.0% | $6,318,346▲6.0% | 990 |
| 2017 | $998,578▼26.1% | $743,886▼30.3% | $5,654,825▲7.9% | $5,961,616▲6.0% | 990 |
| 2016 | $1,351,635▲21.9% | $1,066,644▲16.3% | $5,242,841▲10.1% | $5,621,918▲14.5% | 990 |
| 2015 | $1,108,446▲0.5% | $917,493▼10.1% | $4,760,097▲2.2% | $4,908,616▲2.7% | 990 |
| 2014 | $1,103,016▲19.6% | $1,020,470▲44.0% | $4,658,195▲1.7% | $4,777,529▼1.1% | 990 |
| 2013 | $922,118 | $708,701▼16.4% | $4,582,323▲8.3% | $4,830,473▲12.0% | 990 |
| 2012 | — | $847,343▼5.1% | $4,230,539▲8.6% | $4,313,814▲4.1% | 990 |
| 2011 | — | $893,162 | $3,896,331 | $4,143,635 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $841K total
16 grants to Southside Virginia Communtiy College Foundation Inc totaling $841K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $225,713 |
| Centra Health Inc | Access to healthcare services | 2024 | $15,000 |
| American Online Giving Foundation Inc | General support | 2023 | $201,413 |
| Sentara Health | Svcc simulation lab expansion | 2023 | $30,000 |
| American Online Giving Foundation Inc | General support | 2022 | $135,850 |
| Sentara Health | Expanding nursing education in southside virginia | 2022 | $27,501 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $10,500 |
| American Online Giving Foundation Inc | General support | 2021 | $53,932 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $14,500 |
| Community Partners | Higher education in prison cohort program: provides college education resources to incarcerated inviduals | 2020 | $25,000 |
| Community Partners | Higher education in prison cohort program: provides college education resources to incarcerated inviduals | 2020 | $25,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $10,000 |
| American Online Giving Foundation Inc | General support | 2020 | $8,150 |
| American Online Giving Foundation Inc | General support | 2020 | $8,150 |
| Community Partners | Higher education in prison cohort program: provides college education resources to incarcerated inviduals | 2019 | $25,000 |
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Frequently asked questions
- Is Southside Virginia Communtiy College Foundation Inc a legitimate nonprofit?
- Yes. Southside Virginia Communtiy College Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-1238450, based in Alberta, Virginia. Donations are tax-deductible.
- What is Southside Virginia Communtiy College Foundation Inc's EIN?
- Southside Virginia Communtiy College Foundation Inc's Employer Identification Number (EIN) is 52-1238450.
- How much revenue does Southside Virginia Communtiy College Foundation Inc report?
- Southside Virginia Communtiy College Foundation Inc reported $2,055,594 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Southside Virginia Communtiy College Foundation Inc have?
- CharityIndex grades Southside Virginia Communtiy College Foundation Inc B, based on financial health (reserves and operating margin).
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Data for Southside Virginia Communtiy College Foundation Inc (EIN 52-1238450) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.