Nonprofit · EIN 54-1842627
FUTURE OF DANVILLE FOUNDATION
Tax-exempt · DANVILLE, VA 24540
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990 | $434,531 | $342,884 | $91,647 | $1,592,694 | $0 | $1,592,694 |
| June 30, 2025 | 990 | $121,959 | $273,131 | -$151,172 | $1,501,047 | $0 | $1,501,047 |
| June 30, 2024 | 990 | $584,809 | $86,377 | $498,432 | $1,652,219 | $0 | $1,652,219 |
| June 30, 2022 | 990 | $66,704 | $72,777 | -$6,073 | $1,166,618 | $0 | $1,166,618 |
Financial details: 990 for the year ended June 30, 2026
Revenue
- Contributions, gifts and grants
- $218,500
- Program service revenue
- $0
- Investment income
- $216,031
- Net gain from sales of assets
- $173,102
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $7,050
- Program services (functional)
- $298,740
- Management and general (functional)
- $44,144
Balance sheet and other
- Total assets, start of year
- $1,501,047
- Total assets, end of year
- $1,592,694
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,592,694
- Net assets without donor restrictions
- $1,592,694
- Gross receipts
- $1,117,267
- Employees
- 0
- Volunteers
- 19
- Year formed
- 1998
- 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, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES MAJORS | IMMEDIATE PAST CHAIRMAN Trustee or director, Officer | 3 | $0 |
| TIMOTHY CLARK | TREASURER Trustee or director, Officer | 3 | $0 |
| JEFFREY HALEY | CHAIRMAN Trustee or director, Officer | 3 | $0 |
| DAN PLEASANT | SECRETARY Trustee or director, Officer | 3 | $0 |
| CLARK CASTEEL | DIRECTOR Trustee or director | 2 | $0 |
| RICK BARKER | VICE CHAIRMAN Trustee or director, Officer | 3 | $0 |
| BEN DAVENPORT | DIRECTOR Trustee or director | 2 | $0 |
| TELLY TUCKER | DIRECTOR Trustee or director | 2 | $0 |
| PAUL ERWIN | DIRECTOR Trustee or director | 2 | $0 |
| LINDA GREEN | DIRECTOR Trustee or director | 2 | $0 |
| STEVEN GOULD | DIRECTOR Trustee or director | 2 | $0 |
| KENNETH LEWIS | DIRECTOR Trustee or director | 2 | $0 |
| DAVID BENNETT | DIRECTOR Trustee or director | 2 | $0 |
| BRIAN BRADNER | DIRECTOR Trustee or director | 2 | $0 |
| STEVE HEATHERLY | DIRECTOR Trustee or director | 2 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT BOERRIGTER | DIRECTOR Trustee or director | 2 | $0 |
| CHRIS ALBRECHT | DIRECTOR Trustee or director | 2 | $0 |
| KEN LARKING | DIRECTOR Trustee or director | 2 | $0 |
| JULIE BROWN | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2025: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES MAJORS | VICE CHAIRMAN Trustee or director, Officer | 3 | $0 |
| TIMOTHY CLARK | TREASURER Trustee or director, Officer | 3 | $0 |
| JEFFREY HALEY | CHAIRMAN Trustee or director, Officer | 3 | $0 |
| DAN PLEASANT | SECRETARY Trustee or director, Officer | 3 | $0 |
| CLARK CASTEEL | DIRECTOR Trustee or director | 2 | $0 |
| RICK BARKER | DIRECTOR Trustee or director | 2 | $0 |
| BEN DAVENPORT | DIRECTOR Trustee or director | 2 | $0 |
| TELLY TUCKER | DIRECTOR Trustee or director | 2 | $0 |
| PAUL ERWIN | DIRECTOR Trustee or director | 2 | $0 |
| LINDA GREEN | DIRECTOR Trustee or director | 2 | $0 |
| STEVEN GOULD | DIRECTOR Trustee or director | 2 | $0 |
| KENNETH LEWIS | DIRECTOR Trustee or director | 2 | $0 |
| DAVID BENNETT | DIRECTOR Trustee or director | 2 | $0 |
| BRIAN BRADNER | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES MAJORS | VICE CHAIRMAN Trustee or director, Officer | 3 | $0 |
| RICK BARKER | DIRECTOR Trustee or director | 3 | $0 |
| JEFFREY HALEY | CHAIRMAN Trustee or director, Officer | 3 | $0 |
| DAN PLEASANT | SECRETARY Trustee or director, Officer | 3 | $0 |
| CLARK CASTEEL | DIRECTOR Trustee or director | 2 | $0 |
| TIMOTHY CLARK | DIRECTOR Trustee or director | 2 | $0 |
| BEN DAVENPORT | DIRECTOR Trustee or director | 2 | $0 |
| ALEXIS EHRHARDT | DIRECTOR Trustee or director | 2 | $0 |
| PAUL ERWIN | DIRECTOR Trustee or director | 2 | $0 |
| TIFFANY FRANKS | TREASURER Trustee or director, Officer | 2 | $0 |
| STEVEN GOULD | DIRECTOR Trustee or director | 2 | $0 |
| KENNETH LEWIS | DIRECTOR Trustee or director | 2 | $0 |
| DAVID BENNETT | DIRECTOR Trustee or director | 2 | $0 |
| JERRY WALLACE | DIRECTOR Trustee or director | 2 | $0 |
| BRIAN BRADNER | DIRECTOR Trustee or director | 2 | $0 |
| DAVE CUMBO | DIRECTOR Trustee or director | 2 | $0 |
| TELLY TUCKER | DIRECTOR Trustee or director | 2 | $0 |
| KEN LARKING | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2022: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES MAJORS | CHAIRMAN Trustee or director, Officer | 3 | $0 |
| RICK BARKER | DIRECTOR Trustee or director | 3 | $0 |
| JEFFREY HALEY | TREASURER Trustee or director, Officer | 3 | $0 |
| DAN PLEASANT | SECRETARY Trustee or director, Officer | 3 | $0 |
| CLARK CASTEEL | DIRECTOR Trustee or director | 2 | $0 |
| TIMOTHY CLARK | DIRECTOR Trustee or director | 2 | $0 |
| BEN DAVENPORT | DIRECTOR Trustee or director | 2 | $0 |
| ALEXIS EHRHARDT | DIRECTOR Trustee or director | 2 | $0 |
| PAUL ERWIN | DIRECTOR Trustee or director | 2 | $0 |
| TIFFANY FRANKS | DIRECTOR Trustee or director | 2 | $0 |
| STEVEN GOULD | DIRECTOR Trustee or director | 2 | $0 |
| KENNETH LEWIS | DIRECTOR Trustee or director | 2 | $0 |
| DAVID BENNETT | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 102 CEDARWOOD LN, DANVILLE, VA 24540-7334
- In care of
- % BEN J DAVENPORT JR
- Principal officer (990 for 2025)
- JEFFREY V HALEY, 109 FENTON PLACE, DANVILLE, VA 24541
- Signed the 990
- JEFFREY V HALEY, CHAIRMAN
- Phone
- (434) 203-7766
- Return prepared by
- HARRIS HARVEY NEAL & COLLPCPA'S
Mission
TO PROMOTE ECONOMIC DEVELOPMENT IN THE CITY OF DANVILLE AND PITTSYLVANIA COUNTY AREAS FOR ALL CITIZENS LIVING IN THE PIEDMONT AREA.
Program accomplishments
- ALL ACTIVITIES OF THE FOUNDATION ARE TO PROMOTE ECONOMIC DEVELOPMENT IN THE CITY OF DANVILLE & PITTSYLVANIA COUNTY AREAS FOR ALL CITIZENS LIVING IN THE PIEDMONT AREA.Expenses $298,740
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 | 990 on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1842627
- 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
- 1997
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A80)
- Assets (IRS master file)
- $1,592,694
- Income (IRS master file)
- $1,117,267
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2026 | $434,531 | $342,884 | $1,592,694 | XML |
| 990 | June 2025 | $121,959 | $273,131 | $1,501,047 | XML |
| 990 | June 2024 | $584,809 | $86,377 | $1,652,219 | XML |
| 990 | June 2023 | $51,951 | $64,782 | $1,153,787 | IRS |
| 990 | June 2022 | $66,704 | $72,777 | $1,166,618 | XML |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 54-1842627).
Questions about FUTURE OF DANVILLE FOUNDATION
- What is the EIN of FUTURE OF DANVILLE FOUNDATION?
- The employer identification number (EIN) of FUTURE OF DANVILLE FOUNDATION is 54-1842627.
- Is FUTURE OF DANVILLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to FUTURE OF DANVILLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FUTURE OF DANVILLE 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 FUTURE OF DANVILLE FOUNDATION due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FUTURE OF DANVILLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2026.
- Who is the principal officer of FUTURE OF DANVILLE FOUNDATION?
- The 990 for the year ended June 30, 2026 names JEFFREY V HALEY.
- Who are the officers and directors of FUTURE OF DANVILLE FOUNDATION?
- The 990 for the year ended June 30, 2026 lists 19 people; 0 received compensation from the organization.
- How much revenue does FUTURE OF DANVILLE FOUNDATION have?
- On its 990 for the year ended June 30, 2026 it reported revenue of $434,531, expenses of $342,884 and total assets of $1,592,694 at year end.
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