Nonprofit screen
Screen a listAverett University
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$60Mrevenue
FY2025 · +13% in 3 yrs704staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin2.4%
Months of reserve1.2mo
Revenue growth (annualized)+4.4%
Middle half of peersMedianAverett University
Where the money goes FY2025 · $58M spent
Programs$48M83%Management and general$9.1M16%Fundraising$846k1%990 FY2025 · Part IX line 25
Worth checking2
Government grants fell 91% in FY2024
$2.9M in FY2023, $270k in FY2024.
990 Part VIIIDeficits in 2 of the last 3 years
−$5.4M in FY2023 and −$9.3M in FY2024. Cash covers 1.2 months, under the peer median of 3.3.
990 Part I and balance sheetIn its favor2
Strong governance
28 of 28 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIFunders stay
17 of the 26 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant lists56funders
$2.4Ma year, last 3 years
48%from its largest funder
Funder’17’18’19’20’21’22’23Danville Regional FoundationSince FY2020$513k$285k$2.3M$934kE Stuart James Grant Charitable TrustEvery year since FY2017$450k$400k$300k$300k$300k$300k$500kThe Virginia College FundEvery year since FY2017$163k$829k$138k$138k$79k$89k$80kLettie Pate Whitehead Foundation IncSince FY2020$268k$273k$323k$349kStratford House CenterOn and off$1.0M$150kDanville Foundation HouseOn and off$779kDonor-advised giftsDonors not disclosed$58k$53k$122k$101k$86k$121k$136k31 other fundersUp to $161k a year each$133k$544k$165k$185k$310k$327k$312k
FundedThrough a donor-advised fund