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Nonprofit · EIN 54-1950727

COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES

Tax-exempt · LEESBURG, VA 20176

Financials

$3.3M$2.7M2023$4.4M$3.2M2024$10.8M$5.4M2025
Revenue Expenses · by fiscal year end
Financials of COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$10,845,681$5,374,221$5,471,460$20,371,002$1,402,415$18,968,587
December 31, 2024990$4,369,050$3,216,347$1,152,703$13,331,663$1,124,423$12,207,240
December 31, 2023990$3,297,053$2,668,798$628,255$11,776,433$1,126,231$10,650,202
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$10,434,259
of which government grants
$5,070,556
Program service revenue
$7,303
Investment income
$509,174
Net gain from sales of assets
$66,411
Net income from fundraising events
-$117,826
Other revenue
-$105,055

Expenses

Grants and similar amounts paid
$4,480,180
Other salaries and wages
$328,959
Salaries, compensation and benefits (total)
$389,769
Professional fundraising fees
$0
Accounting fees
$40,181
Occupancy
$107,246
Travel
$70
Depreciation
$12,236
Program services (functional)
$5,274,613
Management and general (functional)
$92,272
Fundraising (functional)
$7,336

Balance sheet and other

Total assets, start of year
$13,331,663
Total assets, end of year
$20,371,002
Total liabilities, end of year
$1,402,415
Net assets, end of year
$18,968,587
Land, buildings and equipment
$15,813
Publicly traded securities
$13,750,625
Net assets without donor restrictions
$15,638,338
Net assets with donor restrictions
$3,330,249
Gross receipts
$14,507,125
Employees
4
Volunteers
12
Year formed
1999
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
NICOLE ACOSTAPRESIDENT
Officer
40$122,576$13,070
CAROLINE NASHDIRECTOR
Trustee or director
1$0$0
LARA MAJORDIRECTOR
Trustee or director
1$0$0
PAUL SIKERCHAIR
Trustee or director, Officer
1$0$0
TRACEY LACEYDIRECTOR
Trustee or director
1$0$0
JANELLE BREVARDVICE CHAIR
Trustee or director, Officer
1$0$0
SHEILA ESCOBEDO YUSUFIDIRECTOR
Trustee or director
1$0$0
TIM THOMPSONSECRETARY
Trustee or director, Officer
1$0$0
CHARMAINE BUSHRODDIRECTOR
Trustee or director
1$0$0
JACLYN O'BRIEN GARDNERTREASURER
Trustee or director, Officer
1$0$0
ERIC SHOWALTERDIRECTOR
Trustee or director
1$0$0
CARLOS ALBERTO OTALDIRECTOR
Trustee or director
1$0$0
SUZANNE KELLYDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 15 people
NameTitleHours / weekCompensationOther / benefits
NICOLE ACOSTAPRESIDENT
Officer
40$113,975$6,109
LUCKY WADEHRAIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
TERESA MINCHEWSECRETARY
Trustee or director, Officer
1$0$0
CAROLINE NASHDIRECTOR
Trustee or director
1$0$0
LARA MAJORDIRECTOR
Trustee or director
1$0$0
PAUL SIKERCHAIR
Trustee or director, Officer
1$0$0
TRACEY LACEYDIRECTOR
Trustee or director
1$0$0
ANDY JOHNSTONDIRECTOR
Trustee or director
1$0$0
JANELLE BREVARDVICE CHAIR
Trustee or director, Officer
1$0$0
SHEILA ESCOBEDO YUSUFIDIRECTOR
Trustee or director
1$0$0
TIM THOMPSONDIRECTOR
Trustee or director
1$0$0
CHARMAINE BUSHRODDIRECTOR
Trustee or director
1$0$0
TRACEY WHITEDIRECTOR
Trustee or director
1$0$0
JACLYN O'BRIENTREASURER
Trustee or director, Officer
1$0$0
ERIC SHOWALTERDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
NICOLE ACOSTAPRESIDENT
Officer
40$102,840$10,707
LUCKY WADEHRAIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
TERESA MINCHEWSECRETARY
Trustee or director, Officer
1$0$0
CAROLINE NASHDIRECTOR
Trustee or director
1$0$0
LARA MAJORDIRECTOR
Trustee or director
1$0$0
PAUL SIKERCHAIR
Trustee or director, Officer
1$0$0
TRACEY LACEYDIRECTOR
Trustee or director
1$0$0
ANDY JOHNSTONDIRECTOR
Trustee or director
1$0$0
JANELLE BREVARDVICE CHAIR
Trustee or director, Officer
1$0$0
SHEILA ESCOBEDO YUSUFIDIRECTOR
Trustee or director
1$0$0
TIM THOMPSONDIRECTOR
Trustee or director
1$0$0
CHARMAINE BUSHRODDIRECTOR
Trustee or director
1$0$0
TRACEY WHITEDIRECTOR
Trustee or director
1$0$0
JACLYN O'BRIENTREASURER
Trustee or director, Officer
1$0$0
ERIC SHOWALTERDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
714 E MARKET ST, LEESBURG, VA 20176-4401
Principal officer (990 for 2025)
NICOLE ACOSTA, PO BOX 342, LEESBURG, VA 20178
Signed the 990
NICOLE ACOSTA, PRESIDENT
Phone
(703) 779-3505
Return prepared by
YOUNT HYDE & BARBOUR PC

Mission

TO GROW COMMUNITY GIVING BY FOSTERING A COMMUNITY OF GRANTMAKERS, PROMOTING STRATEGIC LOCAL LEADERSHIP, AND INVESTING IN PARTNERSHIPS FOR THE BENEFIT OF THE COMMUNITY OF LOUDOUN AND NORTHERN FAUQUIER.

990 for the year ended December 31, 2025

Program accomplishments

  • THE COMMUNITY FOUNDATION WORKS WITH LOCAL DONORS TO CREATE PERMANENT ENDOWMENT FUNDS TO SUPPORT CHARITABLE NEEDS WITH AN EMPHASIS ON LOUDOUN AND NORTHERN FAUQUIER COUNTIES AND SURROUNDING AREAS.
    Expenses $5,274,613 · grants $4,480,180 · revenue $7,303

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-1950727
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
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$20,371,002
Income (IRS master file)
$14,507,125

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$10,845,681$5,374,221$20,371,002IRS
990December 2024$4,369,050$3,216,347$13,331,663IRS
990December 2023$3,297,053$2,668,798$11,776,433XML
990December 2022$3,492,308$3,547,389$10,569,449IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 54-1950727).

Questions about COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES

What is the EIN of COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES?
The employer identification number (EIN) of COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES is 54-1950727.
Is COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES 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 COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES?
The 990 for the year ended December 31, 2025 names NICOLE ACOSTA.
Who are the officers and directors of COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES?
The 990 for the year ended December 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $122,576 (NICOLE ACOSTA, PRESIDENT).
How much revenue does COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES have?
On its 990 for the year ended December 31, 2025 it reported revenue of $10,845,681, expenses of $5,374,221 and total assets of $20,371,002 at year end.

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