Nonprofit · EIN 20-5584089
INSTITUTE FOR ADVANCED LEARNING AND RESEARCH FOUNDATION
Tax-exempt · DANVILLE, VA 24540
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,151,700 | $475,454 | $676,246 | $11,215,910 | $213,509 | $11,002,401 |
| June 30, 2024 | 990 | $2,628,084 | $421,405 | $2,206,679 | $10,882,630 | $156,559 | $10,726,071 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $390,000
- Program service revenue
- $53,741
- Investment income
- $707,959
- Net gain from sales of assets
- $592,653
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $4,511
- Travel
- $59
- Depreciation
- $310,356
- Program services (functional)
- $475,454
Balance sheet and other
- Total assets, start of year
- $10,882,630
- Total assets, end of year
- $11,215,910
- Total liabilities, end of year
- $213,509
- Net assets, end of year
- $11,002,401
- Land, buildings and equipment
- $5,074,739
- Net assets without donor restrictions
- $11,002,401
- Gross receipts
- $2,237,725
- Employees
- 0
- Year formed
- 2006
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TAD DERISO | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTOPHER EASTWOOD | DIRECTOR Trustee or director | 1 | $0 |
| DR BETTY JO FOSTER | DIRECTOR Trustee or director | 1 | $0 |
| DON GIBSON | DIRECTOR Trustee or director | 1 | $0 |
| RHONDA HODGES | DIRECTOR Trustee or director | 1 | $0 |
| MARK HOLLAND | DIRECTOR Trustee or director | 1 | $0 |
| LESLIE MANTIPLY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DON MERRICKS | DIRECTOR Trustee or director | 1 | $0 |
| KUNAL PATEL | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| ANGELA ANDERSON | TREASURER Officer | 5 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JESSIE BARKSDALE | DIRECTOR Trustee or director | 1 | $0 |
| DR BETTY JO FOSTER | DIRECTOR Trustee or director | 1 | $0 |
| DON GIBSON | DIRECTOR Trustee or director | 1 | $0 |
| LOTT ROGERS JR | DIRECTOR Trustee or director | 1 | $0 |
| LENARD LACKEY JR | DIRECTOR Trustee or director | 1 | $0 |
| LESLIE MANTIPLY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DONALD MERRICKS | DIRECTOR Trustee or director | 1 | $0 |
| KUNAL PATEL | DIRECTOR Trustee or director | 1 | $0 |
| KATHRYN ROBERTS | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| ANGELA ANDERSON | TREASURER Officer | 5 | $0 |
| PAM PATTERSON | SECRETARY Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 150 SLAYTON AVE, DANVILLE, VA 24540-5193
- In care of
- % E BUDGE KENT JR
- Principal officer (990 for 2024)
- LESLIE MANTIPLY, 127 BENT CREEK ROAD, DANVILLE, VA 24540
- Signed the 990
- ANGELA ANDERSON, TREASURER
- Phone
- (434) 766-6792
- Return prepared by
- ROBINSON FARMER COX ASSOCIATES
Mission
IDENTIFYING AND NURTURING RELATIONSHIPS WITH POTENTIAL DONORS AND OTHER FRIENDS OF THE INSTITUTE, SOLICITING CASH, SECURITIES, REAL AND INTELLECTUAL PROPERTY, AND OTHER PRIVATE RESOURCES FOR SUPPORT OF THE INSTITUTE, AND ACKNOWLEDGING AND STEWARDING SUCH GIFTS IN ACCORDANCE WITH DONOR INTENT AND IT'S FIDUCIARY RESPONSIBILITIES.
Program accomplishments
- SUPPORT, PROMOTE THE ADVANCEMENT OF, AND FURTHER THE AIMS AND PURPOSES OF THE INSTITUTE FOR ADVANCED LEARNING AND RESEARCH, A VIRGINIA GOVERNMENTAL ENTITY.Expenses $475,454 · revenue $443,741
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-5584089
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S11)
- Assets (IRS master file)
- $11,215,910
- Income (IRS master file)
- $2,237,725
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,151,700 | $475,454 | $11,215,910 | XML |
| 990 | June 2024 | $2,628,084 | $421,405 | $10,882,630 | XML |
| 990 | June 2023 | $633,665 | $656,589 | $8,407,981 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5584089).
Questions about INSTITUTE FOR ADVANCED LEARNING AND RESEARCH FOUNDATION
- What is the EIN of INSTITUTE FOR ADVANCED LEARNING AND RESEARCH FOUNDATION?
- The employer identification number (EIN) of INSTITUTE FOR ADVANCED LEARNING AND RESEARCH FOUNDATION is 20-5584089.
- Is INSTITUTE FOR ADVANCED LEARNING AND RESEARCH FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to INSTITUTE FOR ADVANCED LEARNING AND RESEARCH FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does INSTITUTE FOR ADVANCED LEARNING AND RESEARCH FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INSTITUTE FOR ADVANCED LEARNING AND RESEARCH FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INSTITUTE FOR ADVANCED LEARNING AND RESEARCH FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INSTITUTE FOR ADVANCED LEARNING AND RESEARCH FOUNDATION?
- The 990 for the year ended June 30, 2025 names LESLIE MANTIPLY.
- Who are the officers and directors of INSTITUTE FOR ADVANCED LEARNING AND RESEARCH FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does INSTITUTE FOR ADVANCED LEARNING AND RESEARCH FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,151,700, expenses of $475,454 and total assets of $11,215,910 at year end.
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