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Nonprofiteer
← SHENANDOAH VALLEY BATTLEFIELDS FOUNDATION

Form 990 for tax year 2024

Filed by SHENANDOAH VALLEY BATTLEFIELDS FOUNDATION.

Totals

Total revenue
$7,896,297
Total expenses
$2,870,332
Contributions and grants received
$7,393,496
Grants paid
$12,000
Program service revenue
$153,052
Investment income
$169,166
Other revenue
$180,583
Total assets, end of year
$74,697,504
Total liabilities, end of year
$6,694,316
Net assets or fund balances, end of year
$68,003,188
Program services expenses (Part IX)
$2,283,918
Management and general expenses
$307,043
Fundraising expenses
$279,371
Program service expenses (Part III)
$2,242,133

Program services were 79.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $4,786,666

  • 1f · All other contributions, gifts and grants

    $2,606,830

  • 1g · Noncash contributions included above

    $540,000

  • 2a · Program service revenue: MUSEUM TICKET SALES

    total $91,893 · related or exempt $91,893

  • 2b · Program service revenue: CONFERENCES AND EVENTS INCOME

    total $61,159 · related or exempt $61,159

  • 3 · Investment income

    total $134,141 · excluded $134,141

  • 6a · Gross rents

    real property $97,595

  • 6c · Rental income or loss

    real property $97,595

  • 6d · Net rental income or loss

    total $97,595 · excluded $97,595

  • 7a · Gross sales of assets other than inventory

    securities $74,538

  • 7b · Less cost or other basis and sales expenses

    securities $39,513

  • 7c · Gain or loss

    securities $35,025

  • 7d · Net gain or loss

    total $35,025 · related or exempt $35,025

  • 10a · Gross sales of inventory

    $70,619

  • 10b · Cost of goods sold

    $63,884

  • 10c · Net income from sales of inventory

    total $6,735 · related or exempt $6,735

  • 11a · Other revenue: OTHER REVENUE

    total $76,253 · related or exempt $76,253

  • 11e · Other revenue, total

    $76,253

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $12,000 · program services $12,000

  • 5 · Compensation of officers, directors and key employees

    total $176,836 · program services $109,639 · management and general $40,672 · fundraising $26,525

  • 7 · Other salaries and wages

    total $425,751 · program services $266,188 · management and general $96,799 · fundraising $62,764

  • 9 · Other employee benefits

    total $48,092 · program services $30,150 · management and general $10,893 · fundraising $7,049

  • 10 · Payroll taxes

    total $65,784 · program services $41,043 · management and general $15,000 · fundraising $9,741

  • 11b · Fees: legal

    total $8,953 · management and general $8,953

  • 11c · Fees: accounting

    total $28,190 · management and general $28,190

  • 11g · Fees: other

    total $14,533 · management and general $14,533

  • 13 · Office expenses

    total $37,745 · management and general $37,745

  • 17 · Travel

    total $13,925 · management and general $13,925

  • 19 · Conferences, conventions and meetings

    total $51,120 · program services $40,963 · management and general $10,157

  • 20 · Interest

    total $183,008 · program services $183,008

  • 22 · Depreciation, depletion and amortization

    total $32,430 · program services $32,430

  • 23 · Insurance

    total $3,431 · management and general $3,431

  • 24a · Other expenses: PARK PROJECT EXPENSES

    total $803,794 · program services $803,794

  • 24b · Other expenses: PROPERTY MANAGEMENT

    total $463,680 · program services $463,680

  • 24c · Other expenses: DEVELOPMENT AND GOVERNMEN

    total $215,077 · program services $41,785 · fundraising $173,292

  • 24d · Other expenses: LAND TAXES

    total $108,419 · program services $108,419

  • 24e · All other expenses

    total $177,564 · program services $150,819 · management and general $26,745

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,971,625 · end of year $2,434,679

  • 4 · Accounts receivable

    beginning of year $20,076 · end of year $17,304

  • 10a · Land, buildings and equipment: cost or other basis

    $513,932

  • 10b · Land, buildings and equipment: accumulated depreciation

    $110,428

  • 10c · Land, buildings and equipment, net

    beginning of year $126,325 · end of year $403,504

  • 11 · Investments: publicly traded securities

    beginning of year $234,055 · end of year $263,988

  • 15 · Other assets

    beginning of year $66,341,232 · end of year $71,578,029

  • 17 · Accounts payable and accrued expenses

    beginning of year $125,997 · end of year $68,424

  • 19 · Deferred revenue

    beginning of year $3,882,978 · end of year $2,738,597

  • 22 · Loans and payables to officers and key people

    beginning of year $250,000

  • 23 · Secured mortgages and notes payable

    beginning of year $3,959,268 · end of year $3,880,288

  • 25 · Other liabilities

    beginning of year $10,312 · end of year $7,007

  • 27 · Net assets without donor restrictions

    beginning of year $62,275,994 · end of year $67,592,248

  • 28 · Net assets with donor restrictions

    beginning of year $188,764 · end of year $410,940

Mission and programs · 2024

Mission

TO PRESERVE, PROTECT, AND INTERPRET THE HISTORIC CIVIL WAR BATTLEFIELDS, STRUCTURES, AND ARTIFACTS OF THE SHENANDOAH VALLEY.

Activities or mission (Part I)

TO PRESERVE, PROTECT, AND INTERPRET THE HISTORIC CIVIL WAR BATTLEFIELDS, STRUCTURES, AND ARTIFCACTS OF THE SHENANDOAH VALLEY.

  • PRESERVATION AND INTERPRETATION OF CIVIL WAR BATTLEFIELD SITES: THIS INCLUDING PRESERVING APPROXIMATELY 7,700 ACRES OF BATTLEFIELD LAND THROUGHOUT THE SHENANDOAH VALLEY, AND 22 HISTORIC STRUCTURES, HISTORIC COLLECTIONS AND ARTIFACTS FROM THE CIVIL WAR ERA ARE PROTECTED, CARED FOR AND PRESERVED. THE FOUDADTION PROVIDES GRANTS FOR ORGANIZATIONS PARTICIPATING IN BATTLEFIELD PRESERVATION AND INTERPRETATION. THE FOUNDATION'S OFFICES ARE LOCATED ON THE SECOND FLOOR OF THE HISTORIC STRAYER HOUSE IN DOWNTOWN NEW MARKET, VIRGINIA, IN THE HEART OF THE SHENANDOAH VALLEY. A CIVIL WAR ORIENTATION CENTER SMALL GIFT SHOP AND VISITOR INFORMATION CENTER IS LOCATED ON THE FIRST FLOOR. THE FOUNDATION COORDINATES NUMEROUS VOLUNTEERS WHO ARE ENGAGED IN THE ONGOING EFFORTS. THE FOUNDATION OWNS AND OPERATES A CIVIL WAR MUSEUM IN DOWNTOWN WINCHESTER AND A VISITORS CENTER LOCATED AT THE THIRD WINCHESTER BATTLEFIELD.

    Expenses $2,242,133 · Grants $12,000 · Revenue $153,052

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mark D Perreault

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    3

  • Nicholas P Picerno

    VICE CHAIRMA

    Total calculated
    $0
    Hours/week
    3

  • Craig R Stevens

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Cdr Craig A Morin

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Dr William R Archer III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Alphonso P Boxley III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Childs F Burden

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • William Davis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • J Roderick O Graves

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sen Christopher T Head

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dr Irvine E Hess

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • William B Holtzman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Allen L Louderback

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Thomas C Mack

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • James E Pearman Jr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Colvin Gregg Ryan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Linda C Wheeler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • James Wilkins III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Keven Walker

    CEO

    Total calculated
    $176,836
    From this org
    $140,000
    From related orgs
    $0
    Other
    $36,836
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,000
    Bonus
    not reported
    Other
    not reported
    Deferred
    $36,836
    Nontaxable benefits
    not reported
    Filer's total
    $176,836

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
26 January 2026
IRS schema version
2024v5.0
Source object
202600619349300205

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