2023-10-16T15:53:51-04:00 2022-12-31 833119019 T CREASY & COMPANY PLLC PO Box 215 Cloverdale VA 24077 990 2022-01-01 205922663 The Advancement Foundation Inc ADVA 227 S Pollard Street Vinton VA 24179 Annette Patterson President 5402837062 2023-10-16 false Annette Patterson Todd C Creasy P01079260 5406275956 2023-10-16 0 00 AAL2 IAL1 2022 2023-04-26 12:10:37Z 950211 false X X 2007 VA The Advancement Foundation empowers citizens through personal, community and financial asset development. 6 4 0 0 0 1019025 826289 72367 25629 0 114543 -21341 1205935 830577 0 0 238599 245058 0 0 278438 601336 517037 846394 688898 -15817 1136853 1106815 859987 874414 276866 232401 The Advancement Foundation empowers citizens through personal, community and financial asset development. false false 229309 2757 Other capcity programs encouraging the growth and investment of small business. 184732 22872 Over 122 entrepreneurs from four counties and seven cities participated in the annual Guantlet program and competition. This program has over 200 mentors and community leaders participating with over $250,000 in awarded cash and in-kind prizes. 414041 true true false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false true 0 0 0 true false false false false true true false false false X 6 4 true false false false false false false true true false true true true true true true true false true true false VA X Judy Wood 5402830762 1515 South NC Highway 150 Lexington NC 27295 Annette Patterson President 60.00 0.00 X X 65000 0 0 Judy Wood Secretary 40.00 0.00 X 13121 0 0 Jon McCoy Director 2.00 0.00 X 0 0 0 Becky Freemal Chair 2.00 0.00 X X 0 0 0 Patrick Patterson Director 2.00 0.00 X X 0 0 0 Marcia Major Treasurer 2.00 0.00 X X 0 0 0 78121 0 0 0 false false false 633331 192958 203057 826289 Gauntlet 812900 22872 22872 Other Services 812900 2757 2757 25629 98293 119634 -21341 -21341 -21341 830577 4288 0 0 X 78123 78123 149623 149623 17312 17312 41332 41332 197864 159219 38645 3843 2838 1005 32802 19534 13268 44138 44138 4281 1919 2362 3669 3669 30914 30914 2005 2005 Other 13785 6743 7042 Repairs and maintenace 4466 1551 2915 Awards 222237 222237 846394 414041 432353 0 30311 96037 70252 3092 358 41216 26237 1089001 129938 966829 959063 25153 25120 1136853 1106815 48888 47598 805182 819185 5917 7631 859987 874414 X 201515 144155 75351 88246 276866 232401 1136853 1106815 X -15817 -28648 X false false false X 223546 323745 325406 468573 851919 2193189 223546 323745 325406 468573 851919 2193189 57827 2135362 64374 105170 176637 83492 98293 527966 2721155 0.78470 0.71940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3956 140825 144781 80956 719905 102802 698059 105141 8240 96901 32914 18896 14018 5304 5304 959063 Payroll liabilities 6031 Security deposits 1600 Designated funds 7631 X 100 158919 FMV X 0 X Facilities rent 1 44138 FMW Officer directors etc family relationship Part VI line 2 Presidents husband also sits on the board of directors for The Advancement Foundation. Form 990 governing body review Part VI line 11 Governing body has opportunity to review Form 990 prior to submitting return. Conflict of interest policy compliance Part VI line 12c Conflict of interest policy is on hand and is provided to all potential and existing board members every year. CEO executive director top management comp Part VI line 15a Compensation for top management officials are voted on by board of directors every year. Other officer or key employee compensation Part VI line 15b Compensation of employees other than top management officials are determined by management. Governing documents etc available to public Part VI line 19 Governing documents are available to general public upon request. Explanation of other changes in net assets or fund balances Part XI line 9 Reclass imputed interest and contribution revenue for VHDA loan per independent auditor. List of other fees for services expenses Part IX line 11g Outside contractor services used for various aspects of organization from accounting, grant writing and AmeriCorps workers.