VIRGINIA SPORTS HALL OF FAME FOUNDATION INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
VIRGINIA SPORTS HALL OF FAME FOUNDATION INC (EIN 20-5039673)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-06-15
IRS object ID
202001679349301800
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-06-15T13:55:11-05:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN541342298PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KOSITZKA WICKS AND COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line15911 WEST BROAD STREETAddressLine1Txt
CityRICHMONDCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23230ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN205039673EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VIRGINIA SPORTS HALL OF FAME FOUNDATIONBusinessNameLine1Txt
Business Name Line2INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlVIRGBusinessNameControlTxt
Phone7573938031PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1249 CENTRAL PARK AVE NO 230AddressLine1Txt
CityVIRGINIA BEACHCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23462ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM DRISCOLLPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone7573938031PhoneNum
Signature2020-06-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOANNA B FRIEDMAN CPAPreparerPersonNm
PTINP01070646PTIN
Phone8048551200PhoneNum
Preparation2020-06-08PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address64.88.174.3IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-06-08IPDt
IP Tm15:46:26IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdE7F73D39F5DDA949DE645401D32CDEB3109CB018AtSubmissionCreationDeviceId
At Submission Filing Device Id1BB2FBCF968373F51716BC837FE9CA1F6820BD54AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-09-23 17:36:50ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWILLIAM DRISCOLLPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1249 CENTRAL PARK AVE NO 230AddressLine1Txt
CityVIRGINIA BEACHCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23462ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,345,836GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressVASPORTSHOF.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2006FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionTHE MISSION OF THE VIRGINIA SPORTS HALL OF FAME FOUNDATION IS TO SERVE AS A NON-PROFIT RESOURCE WHICH CELEBRATES ATHLETIC EXCELLENCE IN THE COMMONWEALTH OF VIRGINIA, WHILE INSPIRING THE PUBLIC THROUGH PROGRAMMING AND ENGAGING ENTERTAINMENT.ActivityOrMissionDesc
Contract TerminationYes (X)ContractTerminationInd
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee5TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$267,762PYContributionsGrantsAmt
CY Contributions Grants$641,991CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$76,780PYInvestmentIncomeAmt
CY Investment Income$86,965CYInvestmentIncomeAmt
PY Other Revenue$115,685PYOtherRevenueAmt
CY Other Revenue$21,438CYOtherRevenueAmt
PY Total Revenue$460,227PYTotalRevenueAmt
CY Total Revenue$750,394CYTotalRevenueAmt
PY Grants And Similar Paid$179,173PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,805,370CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$318,262PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$228,838CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$73,092CYTotalFundraisingExpenseAmt
PY Other Expenses$131,446PYOtherExpensesAmt
CY Other Expenses$148,854CYOtherExpensesAmt
PY Total Expenses$628,881PYTotalExpensesAmt
CY Total Expenses$2,183,062CYTotalExpensesAmt
PY Revenues Less Expenses-$168,654PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,432,668CYRevenuesLessExpensesAmt
Total Assets BOY$1,837,727TotalAssetsBOYAmt
Total Assets EOY$247,844TotalAssetsEOYAmt
Total Liabilities BOY$124,321TotalLiabilitiesBOYAmt
Total Liabilities EOY$57,222TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,713,406NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$190,622NetAssetsOrFundBalancesEOYAmt
MissionTHE MISSION OF THE VIRGINIA SPORTS HALL OF FAME FOUNDATION IS TO SERVE AS A NON-PROFIT RESOURCE WHICH CELEBRATES ATHLETIC EXCELLENCE IN THE COMMONWEALTH OF VIRGINIA, WHILE INSPIRING THE PUBLIC THROUGH PROGRAMMING AND ENGAGING ENTERTAINMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,805,370ExpenseAmt
Grant$1,805,370GrantAmt
DescFUNDRAISING IN SUPPORT OF PROGRAMS PROVIDED BY AFFILIATED 501(C)(3) ORGANIZATION, VIRGINIA SPORTS HALL OF FAME, INC.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$78,269ExpenseAmt
DescOPERATION OF THE VIRGINIA SPORTS HALL OF FAME MUSEUM COMPLETE WITH EDUCATIONAL EXHIBITS, HANDS-ON ACTIVITIES, MEMORABILIA, ETC. CELEBRATING THE LIVES AND ACCOMPLISHMENTS OF VIRGINIA'S FINEST ATHLETES.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,883,639TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial LiquidationYes (1)PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee5EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing Body0MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSALIMA RAMOSPersonNm
Phone7573938031PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1249 CENTRAL PARK AVE SUITE 230AddressLine1Txt
CityVIRGINIA BEACHCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23462ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
BILL MAGANN
DIRECTOR1.000.30Yes (X)$0$0$0
GREG SEE
DIRECTOR1.000.30Yes (X)$0$0$0
ERIN O'BRIEN
DIRECTOR1.00Yes (X)$0$0$0
MARTY MILLER
DIRECTOR1.00Yes (X)$0$0$0
WARREN HARRIS
DIRECTOR1.00Yes (X)$0$0$0
CARL FARRIS
DIRECTOR1.00Yes (X)$0$0$0
F EDWARD WEBB III
PRESIDENT20.0023.00Yes (X)$124,529$0$9,383Yes (X)
WILLIAM DRISCOLL
EXECUTIVE DIRECTOR20.0020.00Yes (X)$47,186$0$5,955Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$171,715TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$15,338TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$7,091MembershipDuesAmt
Fundraising$33,050FundraisingAmt
Related Organizations$255,977RelatedOrganizationsAmt
Government Grants$125,000GovernmentGrantsAmt
All Other Contributions$220,873AllOtherContributionsAmt
Total Contributions$641,991TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,331TotalRevenueColumnAmt
Exclusion$9,331ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,612,100SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,534,466SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$77,634SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$77,634TotalRevenueColumnAmt
Exclusion$77,634ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$40,778FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$33,050ContriRptFundraisingEventAmt
Fundraising Direct Expenses$60,976FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$20,198TotalRevenueColumnAmt
Exclusion-$20,198ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescSUPPORT SERVICESDesc
Business900099BusinessCd
Total Revenue Column$41,636TotalRevenueColumnAmt
Related Or Exempt Func Income$41,636RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$41,636OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$750,394TotalRevenueColumnAmt
Related Or Exempt Func Income$41,636RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$66,767ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,805,370TotalAmt
Program Services$1,805,370ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$158,246TotalAmt
Program Services$23,737ProgramServicesAmt
Management And General$87,035ManagementAndGeneralAmt
Fundraising$47,474FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$48,617TotalAmt
Program Services$4,862ProgramServicesAmt
Management And General$38,893ManagementAndGeneralAmt
Fundraising$4,862FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$6,782TotalAmt
Program Services$678ProgramServicesAmt
Management And General$5,426ManagementAndGeneralAmt
Fundraising$678FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$15,193TotalAmt
Program Services$1,519ProgramServicesAmt
Management And General$12,155ManagementAndGeneralAmt
Fundraising$1,519FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$15,000TotalAmt
Management And General$15,000ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,326TotalAmt
Program Services$5,730ProgramServicesAmt
Management And General$1,433ManagementAndGeneralAmt
Fundraising$7,163FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$2,261TotalAmt
Management And General$2,261ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,263TotalAmt
Program Services$905ProgramServicesAmt
Management And General$1,132ManagementAndGeneralAmt
Fundraising$226FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$21,199TotalAmt
Program Services$3,180ProgramServicesAmt
Management And General$16,959ManagementAndGeneralAmt
Fundraising$1,060FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$17,778TotalAmt
Program Services$7,111ProgramServicesAmt
Management And General$8,889ManagementAndGeneralAmt
Fundraising$1,778FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$10,598TotalAmt
Program Services$1,059ProgramServicesAmt
Management And General$8,479ManagementAndGeneralAmt
Fundraising$1,060FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$27,119TotalAmt
Program Services$10,848ProgramServicesAmt
Management And General$13,559ManagementAndGeneralAmt
Fundraising$2,712FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$140TotalAmt
Program Services$18ProgramServicesAmt
Management And General$79ManagementAndGeneralAmt
Fundraising$43FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$578TotalAmt
Management And General$569ManagementAndGeneralAmt
Fundraising$9FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$13,105TotalAmt
Program Services$5,242ProgramServicesAmt
Management And General$6,553ManagementAndGeneralAmt
Fundraising$1,310FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$9,758TotalAmt
Program Services$976ProgramServicesAmt
Management And General$7,806ManagementAndGeneralAmt
Fundraising$976FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
EXHIBITS AND COLLECTION$13,510$11,484$2,026
TAXES AND LICENSES$1,034$828$103$103
MISCELLANEOUS$185$92$93

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,183,062TotalAmt
Program Services$1,883,639ProgramServicesAmt
Management And General$226,331ManagementAndGeneralAmt
Fundraising$73,092FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$106,829BOYAmt
EOY$138,805EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,104BOYAmt
EOY$7,878EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$117,055LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$15,956LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$114,204BOYAmt
EOY$101,099EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,594,778BOYAmt
EOY$62EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$17,812BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,837,727BOYAmt
EOY$247,844EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$42,129BOYAmt
EOY$56,971EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$18,328BOYAmt
EOY$251EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$63,864BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$124,321BOYAmt
EOY$57,222EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$104,468BOYAmt
EOY$190,622EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,608,938BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,713,406BOYAmt
EOY$190,622EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,837,727BOYAmt
EOY$247,844EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,432,668ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$90,116NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$291,662CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$250,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$500,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$267,762CurrentTaxYearMinus1YearAmt
Current Tax Year$641,991CurrentTaxYearAmt
Total$1,951,415TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$291,662CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$250,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$500,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$267,762CurrentTaxYearMinus1YearAmt
Current Tax Year$641,991CurrentTaxYearAmt
Total$1,951,415TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,951,415PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$42,821CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$34,934CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$42,154CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$62,948CurrentTaxYearMinus1YearAmt
Current Tax Year$9,331CurrentTaxYearAmt
Total$192,188TotalAmt
FieldValueIRS element (for citing)
Total Support$2,143,603TotalSupportAmt
Public Support CY1700.91030PublicSupportCY170Pct
Public Support PY1700.88700PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,594,778BeginningYearBalanceAmt
Investment Earnings Or Losses-$5,427InvestmentEarningsOrLossesAmt
Other Expenditures$1,589,289OtherExpendituresAmt
End Year Balance$62EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,576,807BeginningYearBalanceAmt
Investment Earnings Or Losses$102,390InvestmentEarningsOrLossesAmt
Other Expenditures$84,419OtherExpendituresAmt
End Year Balance$1,594,778EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,512,137BeginningYearBalanceAmt
Investment Earnings Or Losses$147,646InvestmentEarningsOrLossesAmt
Other Expenditures$82,976OtherExpendituresAmt
End Year Balance$1,576,807EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,556,849BeginningYearBalanceAmt
Investment Earnings Or Losses$31,257InvestmentEarningsOrLossesAmt
Other Expenditures$75,969OtherExpendituresAmt
End Year Balance$1,512,137EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,647,080BeginningYearBalanceAmt
Investment Earnings Or Losses$6,425InvestmentEarningsOrLossesAmt
Other Expenditures$96,656OtherExpendituresAmt
End Year Balance$1,556,849EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$117,055OtherCostOrOtherBasisAmt
Depreciation$15,956DepreciationAmt
Book Value$101,099BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$101,099TotalBookValueLandBuildingsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART V, LINE 4:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION'S ENDOWMENT CONSISTS OF INDIVIDUAL DONOR-RESTRICTED FUNDS HELD FOR THE PURPOSE OF ASSISTING THE ORGANIZATION IN ACCOMPLISHING ITS GOALS AND OBJECTIVES.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1HALL OF FAME WEEKENDEvent1Nm
Gross Receipts Event1$73,828GrossReceiptsEvent1Amt
Charitable Contri Event1$33,050CharitableContriEvent1Amt
Gross Revenue Event1$40,778GrossRevenueEvent1Amt
Non Cash Prizes Event1$10,042NonCashPrizesEvent1Amt
Food And Beverage Event1$4,166FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$46,768OtherDirectExpensesEvent1Amt
Gross Receipts Total$73,828GrossReceiptsTotalAmt
Charitable Contributions Tot$33,050CharitableContributionsTotAmt
Gross Revenue Total Events$40,778GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$10,042NonCashPrizesTotalEventsAmt
Food And Beverage Total Events$4,166FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$46,768OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$60,976DirectExpenseSummaryEventsAmt
Net Income Summary-$20,198NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1VIRGINIA SPORTS HALL OF FAME INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1249 CENTRAL PARK AVE SUITE 230AddressLine1Txt
CityVIRGINIA BEACHCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23462ZIPCd
FieldValueIRS element (for citing)
Recipient EIN277349939RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$1,805,370CashGrantAmt
Valuation Method UsedCASHValuationMethodUsedDesc
Purpose Of GrantFUNDRAISING IN SUPPORT OF AFFILIATED 501(C)(3) ORGANIZATION'S PROGRAMS.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE GRANT TO VIRGINIA SPORTS HALL OF FAME, INC. IS DETERMINED BASED ON THE ORGANIZATION'S PROJECTED EXPENSES FOR THE YEAR.ExplanationTxt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonF EDWARD WEBB IIIPersonNm
Relationship With OrgDIRECTORRelationshipWithOrgTxt
Loan PurposeTEMPORARY LOAN TO COVER OPERATING COSTSLoanPurposeTxt
Loan To OrganizationYes (X)LoanToOrganizationInd
Original Principal$18,328OriginalPrincipalAmt
Balance Due$251BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written Agreement0WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$251TotalBalanceDueAmt

Schedule N IRS990ScheduleN

Disposition Of Assets Detail DispositionOfAssetsDetail

FieldValueIRS element (for citing)
Assets Distri Or Expnss PaidINVESTMENTS IN PUBLICLY TRADED SECURITIES WERE SOLDAssetsDistriOrExpnssPaidDesc
Distribution2018-11-30DistributionDt
Fair Market Value Of Asset$1,588,112FairMarketValueOfAssetAmt
Method Of FMV DeterminationAMOUNT OF CASH TRANSFERRED ON BEHALF OF VIRGINIA SPORTS HALL OF FAME, INC.MethodOfFMVDeterminationTxt
EIN541910608EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TOWNEBANKBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line15716 HIGH STREETAddressLine1Txt
CityPORTSMOUTHCityNm
State AbbreviationVAStateAbbreviationCd
ZIP23703ZIPCd
FieldValueIRS element (for citing)
IRC SectionCORPORATIONIRCSectionTxt
FieldValueIRS element (for citing)
Director Of Successor20DirectorOfSuccessor2Ind
Employee Of Successor20EmployeeOfSuccessor2Ind
Owner Of Successor20OwnerOfSuccessor2Ind
Receive Compensation20ReceiveCompensation2Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8ATHE ORGANIZATION HOLDS MEETINGS VIA CONFERENCE CALL AND MINUTES ARE NOT TAKEN.
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION HOLDS MEETINGS VIA CONFERENCE CALL AND MINUTES ARE NOT TAKEN.
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION'S TAX RETURN IS MADE AVAILABLE TO THE INDEPENDENT BOARD BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY DISCUSSION AT QUARTERLY BOARD MEETINGS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtControlled OrganizationControlledOrganizationInd
VIRGINIA SPORTS HALL OF FAME INC
249 CENTRAL PARK AVE SUITE 230VIRGINIA BEACHVA23462237349939PROMOTE VIRGINIA ATHLETICS THROUGH THE HALL OF FAMEVA501(C)(3)LINE 70
VIRGINIA SPORTS HALL OF FAME EDUCATIONAL FOUNDATION INC
249 CENTRAL PARK AVE SUITE 230VIRGINIA BEACHVA23462208533092TO FURTHER THE EDUCATIONAL MISSION OF THE VIRGINIA SPORTS HALL OF FAMEVA501(C)(3)LINE 100
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
VIRGINIA SPORTS HALL OF FAME INC
B$18,065,370CASH
VIRGINIA SPORTS HALL OF FAME INC
C$255,977CASH

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