Overview
What is Heart Of Virginia Council Inc?
Heart of Virginia Council Inc is a nonprofit organization based in Henrico, Virginia, specifically at 8090 Villa Park Drive. This organization supports the Heart of Virginia Council, Boy Scouts of America, by managing its assets prudently to generate income. Their primary objective is to empower youth of all ages through programs focusing on character building, citizenship, and personal fitness. The council, under the umbrella of Heart of Virginia Council Inc, serves approximately 6,750 youth members. The organization's mission is to facilitate these developmental programs for the betterment of the community's younger generation.
Official website here: www.scoutingvirginia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating
Heart of Virginia Council Inc has received a One-Star rating from Charity Navigator, indicating concerns about its overall operational effectiveness. The score is predominantly based on the organization's accountability and finance metrics, where the charity has shown strong governance features, such as 100% independent board members and a robust conflict of interest policy. However, the overall rating suffers significantly due to its low performance in financial ratios, specifically a program expense ratio of 0.00%, which raises questions about resource allocation to its programs.
The charity has excelled in various governance aspects, achieving full scores for material diversion of assets, board meeting documentation, and whistleblower policies, showcasing a strong commitment to transparency and ethical practices. Despite these strengths, the lack of program expenditures suggests that the organization may not be effectively utilizing its resources to benefit its intended programs or beneficiaries.
The financial metrics indicate potential issues that could affect the charity's impact and sustainability. Stakeholders and potential donors may want to consider these limitations alongside the charity's accountability strengths when evaluating its effectiveness and mission fulfillment.
This AI summary has been generated from information found on Charity Navigator.
Is Heart Of Virginia Council Inc legitimate?
Heart Of Virginia Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heart Of Virginia Council Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.scoutingvirginia.org
What is the mission statement of Heart Of Virginia Council Inc?
Heart of Virginia Council Inc's mission is to support the Boy Scouts of America in Richmond, Virginia, by providing programs that foster character building, citizenship, and personal fitness for youth of all ages. The organization aims to empower these young individuals, helping them develop essential life skills. The trust, associated with Heart of Virginia Council Inc, manages its assets prudently to generate income, which is then utilized to sustain the Boy Scouts' activities in Richmond. The council serves approximately 6,750 youth, providing them with a platform to grow and learn.
Official website here: www.scoutingvirginia.org
What is the revenue of Heart Of Virginia Council Inc?
Heart Of Virginia Council Inc's revenue in 2023 was $90,204.
Official website here: www.scoutingvirginia.org
Who are the executives of Heart Of Virginia Council Inc and what are their salaries?
Here are 69 key members and their salaries:
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Official website here: www.scoutingvirginia.org
Where can I find the form 990 for Heart Of Virginia Council Inc?
Heart Of Virginia Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.scoutingvirginia.org
Learn more at the official website: www.scoutingvirginia.org
Mission Statement of Heart Of Virginia Council Inc
Heart of Virginia Council Inc, as a supporting entity for Boy Scouts of America in Richmond, Virginia, is dedicated to providing programs that foster character building, citizenship, and personal fitness for youth of all ages. Their mission is to empower these young individuals by offering them opportunities to develop essential life skills and values, ultimately contributing to their overall growth and development. Through their initiatives, they aim to instill a sense of responsibility, teamwork, and resilience in the youth they serve.
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Impact
August, 2024
The impact of the Heart Of Virginia Council Inc is seen in the support it provides to the Heart of Virginia Council, Boy Scouts of America in Richmond, Virginia. By investing assets prudently to maximize income, this organization ensures continued support for programs focused on character building, citizenship, and personal fitness for youth of all ages. Serving approximately 6,750 youth, the council plays a vital role in nurturing the next generation's development and preparing them for responsible citizenship through its programs.
This information is meant to be a general summary of Heart Of Virginia Council Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $26,059
- Gross Receipts: $90,204
Assets and Liabilities:
- Total Assets: $1,171,923
- Total Liabilities: $0
- Net Assets: $1,171,923
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Organization Details
Principal Officer
Charles F Phillips Iii
Website
www.scoutingvirginia.orgNTEE Category
Code: O40 - Youth development
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