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Nonprofit · EIN 27-3077402

VIRGINIA BEACH LIBRARY FOUNDATION

Tax-exempt · VIRGINIA BEACH, VA 23456

Financials

$158K$240K2023$146K$113K2024
Revenue Expenses · by fiscal year end
Financials of VIRGINIA BEACH LIBRARY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$146,350$112,750$33,600$2,127,651$336,097$1,791,554
June 30, 2024990$158,365$239,513-$81,148$1,957,515$302,471$1,655,044
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$77,842
Program service revenue
$0
Investment income
$68,212
Net gain from sales of assets
$29,675
Other revenue
$296

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$7,200
Program services (functional)
$76,650
Management and general (functional)
$29,291
Fundraising (functional)
$6,809

Balance sheet and other

Total assets, start of year
$1,957,515
Total assets, end of year
$2,127,651
Total liabilities, end of year
$336,097
Net assets, end of year
$1,791,554
Publicly traded securities
$1,956,973
Net assets without donor restrictions
$99,551
Net assets with donor restrictions
$1,692,003
Gross receipts
$146,350
Employees
0
Year formed
2009
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.

NameTitleHours / weekCompensation
MALEAH AMOSMEMBER
Trustee or director
0.5$0
CHELLE DAVISMEMBER
Trustee or director
0.5$0
MORRIS H FINE ESQMEMBER
Trustee or director
0.5$0
ROBERT G KREBS JRMEMBER
Trustee or director
0.5$0
KIRKLAND MOLLOY KELLEYMEMBER
Trustee or director
0.5$0
KIMBERLY KNIGHTEXECUTIVE DI
Trustee or director
0.5$0
JOHN MILISITZMEMBER
Trustee or director
0.5$0
NANCY OLIVERTREASURER
Trustee or director
0.5$0
MARCY SIMSVICE PRESIDE
Trustee or director
0.5$0
MICHELLE SWEEZEYPRESIDENT
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
KAREN BISCHOFFSECRETARY
Trustee or director, Officer
0.25$0
CHELLE DAVISDIRECTOR
Trustee or director
0.25$0
MORRIS H FINE ESQDIRECTOR
Trustee or director
0.25$0
ROBERT G KREBS JRPRESIDENT
Trustee or director, Officer
0.5$0
KIRKLAND MOLLOY KELLEYDIRECTOR
Trustee or director
0.25$0
KIMBERLY KNIGHTEXECUTIVE DI
Trustee or director
0.25$0
NANCY OLIVERDIRECTOR
Trustee or director
0.25$0
MARCY SIMSDIRECTOR
Trustee or director
0.25$0
MICHELLE SWEEZEYTREASURER
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
2416 COURTHOUSE DRIVE BLDG 19, VIRGINIA BEACH, VA 23456-9126
In care of
% EVA POOLE
Principal officer (990 for 2024)
KIMBERLY KNIGHT, 2416 COURTHOUSE DRIVE BLDG 19, VIRGINIA BEACH, VA 23456
Signed the 990
KIMBERLY KNIGHT, EXECUTIVE DIRECTOR
Phone
(757) 385-8128
Return prepared by
STEWART & COMPANY

Mission

THE VIRGINIA BEACH LIBARY FOUNDATION'S MISSION IS TO SECURE, MANAGE, AND INVEST PUBLICLY RAISED FUNDS, GIFTS, AND BEQUESTS IN SUPPORT OF VIRGINIA BEACH LIBRARIES.

990 for the year ended June 30, 2025

Program accomplishments

  • SUPPORT OF VIRGINIA BEACH PUBLIC LIBRARY'S YOUTH AND FAMILY SERVICES PROGRAMMING, INCLUDING THE SUMMER READING CHALLENGE
    Expenses $76,650

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
27-3077402
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B70)
Assets (IRS master file)
$2,127,651
Income (IRS master file)
$146,350

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$146,350$112,750$2,127,651XML
990June 2024$158,365$239,513$1,957,515XML
990June 2023$128,556$124,986$1,890,929IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 27-3077402).

Questions about VIRGINIA BEACH LIBRARY FOUNDATION

What is the EIN of VIRGINIA BEACH LIBRARY FOUNDATION?
The employer identification number (EIN) of VIRGINIA BEACH LIBRARY FOUNDATION is 27-3077402.
Is VIRGINIA BEACH LIBRARY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to VIRGINIA BEACH LIBRARY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VIRGINIA BEACH LIBRARY 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 VIRGINIA BEACH LIBRARY 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 VIRGINIA BEACH LIBRARY 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 VIRGINIA BEACH LIBRARY FOUNDATION?
The 990 for the year ended June 30, 2025 names KIMBERLY KNIGHT.
Who are the officers and directors of VIRGINIA BEACH LIBRARY FOUNDATION?
The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does VIRGINIA BEACH LIBRARY FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $146,350, expenses of $112,750 and total assets of $2,127,651 at year end.

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