THE VIRGINIA TURFGRASS FOUNDATION

EIN: 541503158 501(c)(3)

WILLIAMSBURG, VA

Total Revenue
$116,813
Total Expenses
$32,637
Total Assets
$708,567
Net Assets
$707,441
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Financial Trends

Organization Details

Formation Year
1988
Principal Officer
BRANDYN BATY
Phone
7575853058
Tax Period
2019-07-01 to 2020-06-30

The Virginia Turfgrass Foundation, founded in 1988, is a small nonprofit that reported $105K in total revenue in fiscal year 2017. The organization ran a surplus of $21K, a strong 20% operating margin.

Mission

TURFGRASS RESEARCH

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $70,395
Program Service Revenue $1,057
Investment Income $45,361
Other Revenue $0
TOTAL REVENUE $116,813

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,000
Fundraising Expenses $4,070
Program Expenses $21,037
Other Expenses $16,637
TOTAL EXPENSES $32,637

Year-over-Year Comparison

2019 2018 Change
Revenue $116,813 $92,423 +0.3%
Expenses $32,637 $22,043 +0.5%
Net Income $84,176 $70,380 +0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$17,800
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRANDYN BATY EXECUTIVE DI 15.00
Officer
$16,000 $1,800 $17,800
JEFF EVERHART PRESIDENT 2.00
Officer Director
$0 $0 $0
JIM WILSON VICE PRESIDE 2.00
Officer Director
$0 $0 $0
ERIK FRASIER DIRECTOR OF 2.00
Director
$0 $0 $0
ALLISON MOYER ADVISOR 1.00
Director
$0 $0 $0
MICHAEL SKELTON ADVISOR 1.00
Director
$0 $0 $0
N/A ADVISOR 1.00
Director
$0 $0 $0
DEAN WHITEHEAD SECRETARY/TR 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $116,813 $32,637 $708,567 $84,176
2019 $92,423 $22,043 $630,020 $70,380
2018 $104,960 $83,499 $695,019 $21,461
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