CHRISTIANSBURG INSTITUTE INC

EIN: 541975316 501(c)(3) Arts, Culture & Humanities

CHRISTIANSBURG, VA

Total Revenue
$131,243
Total Expenses
$377,051
Total Assets
$261,825
Net Assets
$251,673
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
VA
Principal Officer
CHRIS SANCHEZ
Phone
5403945001
Tax Period
2023-01-01 to 2023-12-31

CHRISTIANSBURG INSTITUTE INC, founded in 1996, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $23K in total revenue in fiscal year 2018. Expenses of $29K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO PROMOTE AND PRESERVE AFRICAN AMERICAN EDUCATION

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $128,406
Program Service Revenue $2,837
Investment Income $0
Other Revenue $0
TOTAL REVENUE $131,243

Expense Breakdown

Grants Paid $0
Salaries & Benefits $288,808
Fundraising Expenses $0
Program Expenses $302,930
Other Expenses $88,243
TOTAL EXPENSES $377,051

Year-over-Year Comparison

2023 2022 Change
Revenue $131,243 $375,408 -0.7%
Expenses $377,051 $283,843 +0.3%
Net Income $-245,808 $91,565 -3.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
10
Volunteers
75

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
$0
Total Directors
15
$60,808
Key Employees
1
$60,808
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBBIE SHERMAN-LEE CHAIR 5.00
Officer Director
$0 $0 $0
JOSEPH SNELL VICE CHAIR 5.00
Officer Director
$0 $0 $0
SHAINA CLINEDNST SECRETARY 5.00
Officer Director
$0 $0 $0
STACIE CASTRO TREASURER 5.00
Officer Director
$0 $0 $0
CHRIS SANCHEZ EXECUTIVE DIRECTOR 5.00
Director Key Emp
$60,808 $0 $60,808
GLADYS SOKOLOW DIRECTOR 1.00
Director
$0 $0 $0
NATHANIEL L BISHOP DIRECTOR 1.00
Director
$0 $0 $0
MIKE HAMLAR DIRECTOR 1.00
Director
$0 $0 $0
WALTER PRICE DIRECTOR 1.00
Director
$0 $0 $0
KERRI MOSELEY-HOBBS DIRECTOR 1.00
Director
$0 $0 $0
BYRONAE LEWIS DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE KING DIRECTOR 1.00
Director
$0 $0 $0
YUNINA PAYNE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL PETERSON DIRECTOR 1.00
Director
$0 $0 $0
MARCY SCHNITZER DIRECTOR 1.00
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
2024 No data No data No data No data
2023 $131,243 $377,051 $261,825 $-245,808
2022 $375,408 $283,843 $512,024 $91,565
2021 $285,165 $156,295 $412,713 $128,870
2020 $128,419 $87,298 $279,323 $41,121
2019 $233,116 $35,003 $237,177 $198,113
2018 $23,050 $28,803 $37,789 $-5,753
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