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← VIRGINIA GROWTH AND OPPORTUNITY FOUNDATION

Form 990 for tax year 2025

Filed by VIRGINIA GROWTH AND OPPORTUNITY FOUNDATION.

Totals

Total revenue
$20,236
Total expenses
$237,773
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$20,236
Other revenue
$0
Total assets, end of year
$344,847
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$344,847
Program services expenses (Part IX)
$228,464
Management and general expenses
$9,309
Fundraising expenses
$0
Program service expenses (Part III)
$228,464

Program services were 96.1% 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.

  • 3 · Investment income

    total $20,236 · excluded $20,236

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $6,510 · management and general $6,510

  • 11g · Fees: other

    total $192,801 · program services $192,801

  • 12 · Advertising and promotion

    total $1,086 · program services $1,086

  • 14 · Information technology

    total $2,011 · program services $2,011

  • 19 · Conferences, conventions and meetings

    total $2,316 · program services $2,316

  • 23 · Insurance

    total $2,655 · management and general $2,655

  • 24a · Other expenses: Public Opinion Strategi

    total $30,000 · program services $30,000

  • 24b · Other expenses: Registration & License

    total $375 · program services $250 · management and general $125

  • 24c · Other expenses: Bank Fees

    total $19 · management and general $19

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $562,384 · end of year $344,847

  • 29 · Capital stock, trust principal or current funds

    beginning of year $562,384 · end of year $344,847

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2025

Mission

Educate Virginians about the importance of collaboration in each region to promote economic development, disseminate information on best practices, and promote private sector economic development.

Activities or mission (Part I)

Educate Virginia about the importance of regional cooperation in economic development.

  • Educate Virginians about the importance of collaboration in each region to promote economic development, disseminate information on best practices, and promote private sector economic development.

    Expenses $228,464

As filed on the 2025 return.

Listed in Part VII

  • Nancy Agee

    Director

    Total calculated
    $0
    Hours/week
    1

  • S Robert Aston Jr

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ben Davenport Jr

    Director

    Total calculated
    $0
    Hours/week
    1

  • William Heywood Fralin

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • William Fralin Jr

    Director

    Total calculated
    $0
    Hours/week
    1

  • William Goodwin Jr

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jim Kelly

    Director

    Total calculated
    $0
    Hours/week
    1

  • Todd Stottlemyer

    Chairman

    Total calculated
    $0
    Hours/week
    3

  • Dennis Matheis

    Director

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
27 April 2026
IRS schema version
2025v4.1
Source object
202621179349301382

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