Overview
What is The Advancement Foundation Inc?
The Advancement Foundation Inc, situated in Vinton, Virginia, serves as a nonprofit organization with a mission to empower its community. By focusing on capacity building and investment, they particularly support the growth of small businesses. The foundation's work extends beyond economic development, as they are committed to enhancing the personal and community assets of their citizens. Their aim is to foster a sense of empowerment among individuals, contributing positively to their overall well-being.
Is The Advancement Foundation Inc legitimate?
The Advancement Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Advancement Foundation 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.
Here are some key statistics you may want to consider:
Executive Compensation: $78,123
Professional Fundraising Fees: $0
Other Salaries and Wages: $149,623
For more financial information, click here
What is the mission statement of The Advancement Foundation Inc?
The Advancement Foundation Inc's mission is centered around empowering citizens. This is achieved through three key aspects: personal development, community growth, and financial asset enhancement. By focusing on these areas, the foundation aims to equip individuals with the necessary tools to improve their lives and contribute positively to their communities. Additionally, the foundation supports the growth and investment of small businesses, further contributing to community development.
Who is the CEO of The Advancement Foundation Inc?
Annette Patterson is the President of The Advancement Foundation Inc.
What is the revenue of The Advancement Foundation Inc?
The Advancement Foundation Inc's revenue in 2022 was $830,577.
Who are the executives of The Advancement Foundation Inc and what are their salaries?
- Annette Patterson (President) [Trustee/Director]
- Judy Wood (Secretary) [Trustee/Director]
- Jon Mccoy (Director)
- Becky Freemal (Chair) [Trustee/Director]
- Patrick Patterson (Director)
- Marcia Major (Treasurer) [Trustee/Director]
Where can I find the form 990 for The Advancement Foundation Inc?
The The Advancement Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of The Advancement Foundation Inc
The Advancement Foundation, as an organization, is dedicated to empowering citizens on a personal, communal, and financial level. Their mission revolves around fostering the growth and development of individuals, communities, and small businesses through asset acquisition and investment. By focusing on these areas, The Advancement Foundation aims to enhance the overall well-being and capabilities of the citizens it serves.
Impact
This information is meant to be a general summary of The Advancement Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Advancement Foundation Inc empowers citizens through personal, community, and financial asset development. Their capacity programs encourage the growth and investment of small businesses, leading to tangible improvements in community well-being and economic prosperity. Operating in Vinton, VA, their work is focused on empowering individuals and businesses to reach their full potential, ultimately contributing to the overall improvement of the community.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Gauntlet
Revenue
$22,872
Other Services
Revenue
$2,757
Organization Details
Founding Year
2007
Principal Officer
Annette Patterson
Main Address
227 S Pollard Street, Vinton, VA, 24179
NTEE Category
Code: S31 - Community improvement
If you are a representative of The Advancement Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.