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Virginia · Nonprofit

VIRGINIA BEACH PARKS AND RECREATION FOUNDATION

VIRGINIA BEACH PARKS AND RECREATION FOUNDATION (Virginia) receives grants from 2 organizations whose IRS filings report $16,863 to it, the largest being United Way of South Hampton Roads ($16,858). 0 of them have funded it in more than one year.

Revenue FY2025
$42k
Funders on record
2
Grants received
$17k
Net assets
$397k
0/2 repeat funderspeak grant-dependency 26%
01What it does

What Virginia Beach Parks and Recreation Foundation does

Mission

Support virginia beach city parks & recreation by leveraging private funds to support program & facilities.

As stated on its FY2025 Form 990-EZ.

Programs

  1. Foundation funded city projects - contributions are solicited to fund park various improvements to enhance the experience of patrons in the parks.

    $4,321 spent
    10% of program spending
  2. Water safety - contributions are solicited to fund water safety lessons for disadvantaged youth and providing subsidies to offer memberships in the recreation centers for families athat are economically challenged.

    $14,930 spent
    36% of program spending
  3. Bench buddy bench procurement, installation & plaques - contributions are solicited to fund the placement of benches where needed in city parks providing the donor the opportunity to honor or memorialize while providing the city with the added infrastructure of benches to enhance the experience of patrons in the parks.

    $1,567 spent
    4% of program spending
  4. Tree buddy planting & plaques - contributions are solicited to fund the planting of trees where needed in city parks providing the donor the opportunity to honor or memorialize while providing the city with selective additions to the city's tree canopy while enhancing the beauty of the parks and enhancing the experience of patrons in the park.

    $20,563 spent
    50% of program spending

The 4 programs described on its FY2025 Form 990-EZ. Program spending in total: $41,381.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($64k) Expenses 100 ($13k) Net assets 100 ($218k)2022 Revenue 134 ($86k) Expenses 434 ($55k) Net assets 114 ($249k)2023 Revenue 397 ($255k) Expenses 519 ($65k) Net assets 202 ($441k)2024 Revenue 116 ($75k) Expenses 909 ($114k) Net assets 184 ($402k)2025 Revenue 66 ($42k) Expenses 369 ($46k) Net assets 182 ($397k)
20212022202320242025
Revenue (66)Expenses (369)Net assets (182)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $249k to $441k (+77%).

$218k
$249k
$441k
$402k
$397k
20212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of VIRGINIA BEACH PARKS AND RECREATION FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).

This organization
Typical peer · 15,075 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.

$52k
’21
$31k
’22
$190k
’23
−$40k
’24
−$4k
’25
81
months of
reserve
03Who funds it

Who funds it, year by year

2020 → 2021: the base held at 1 funder, grant income rose $5 → $17k.

Funder
'20
'21
total
funders
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of VIRGINIA BEACH PARKS AND RECREATION FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

VIRGINIA BEACH PARKS AND RECREATION FOUNDATION leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund VIRGINIA BEACH PARKS AND RECREATION FOUNDATION.

100%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of VIRGINIA BEACH PARKS AND RECREATION FOUNDATION's grant income comes from Virginia funders.

VA

Funder states come from each funder’s own filing. $5 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

VIRGINIA BEACH PARKS AND RECREATION FOUNDATION's funding has concentrated — grant income rose while the number of funders held roughly flat.

Operating margin−10% · below the median
Revenue growth (annualized)−10% · below the median

this organization peer median middle 50% of peers· 9,557 recreation & sports nonprofits under $100k, FY2025

Organizations like VIRGINIA BEACH PARKS AND RECREATION FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for VIRGINIA BEACH PARKS AND RECREATION FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds VIRGINIA BEACH PARKS AND RECREATION FOUNDATION?
VIRGINIA BEACH PARKS AND RECREATION FOUNDATION (Virginia) receives grants from 2 organizations whose IRS filings report $16,863 to it, the largest being United Way of South Hampton Roads ($16,858). 0 of them have funded it in more than one year.
How many funders does VIRGINIA BEACH PARKS AND RECREATION FOUNDATION have?
IRS filings report 2 organizations giving $16,863 in grants to VIRGINIA BEACH PARKS AND RECREATION FOUNDATION.
Who is the largest funder of VIRGINIA BEACH PARKS AND RECREATION FOUNDATION?
United Way of South Hampton Roads is the largest funder on record, with $16,858 in grants. The full list of funders is on this page.
How can an organization like VIRGINIA BEACH PARKS AND RECREATION FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Virginia Beach Parks and Recreation →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing