ROBERT S JORDAN AND BEATRICE DANIELS JORDAN MEMORIAL FUND FOR AVERETT COLLEGE

EIN: 546357355 501(c)(3) Philanthropy & Grantmaking

DANVILLE, VA

Total Revenue
$-3,147
Total Expenses
$11,201
Total Assets
$231,985
Net Assets
$231,985
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
VA
Principal Officer
AMERICAN NATIONAL BANK
Phone
4347925111
Tax Period
2020-01-01 to 2020-12-31

ROBERT S JORDAN AND BEATRICE DANIELS JORDAN MEMORIAL FUND FOR AVERETT COLLEGE, founded in 1995, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $63K in total revenue in fiscal year 2019. Revenue surged 491% from the prior year, signaling strong growth momentum. The organization ran a surplus of $54K, a strong 86% operating margin.

Mission

TO PROVIDE FINANCIAL SUPPORT TO AVERETT UNIVERSITY

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $-3,147
Other Revenue $0
TOTAL REVENUE $-3,147

Expense Breakdown

Grants Paid $7,100
Salaries & Benefits $2,954
Fundraising Expenses $0
Program Expenses $7,100
Other Expenses $1,147
TOTAL EXPENSES $11,201

Year-over-Year Comparison

2020 2019 Change
Revenue $-3,147 $63,433 -1.0%
Expenses $11,201 $9,148 +0.2%
Net Income $-14,348 $54,285 -1.3%
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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Governance

Voting Members
N/A
Independent Members
N/A
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 2.00
$2,954 $0 $2,954
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
2025 No data No data No data No data
2020 $-3,147 $11,201 $231,985 $-14,348
2019 $63,433 $9,148 $246,333 $54,285
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