EO Companies is a 501(c)(3) nonprofit organization based in Abingdon, Virginia. Also known as United Way of Southwest Virginia, the organization was founded in 1968 and operates with a mission to research, pilot, and scale innovative solutions so that people and communities can thrive. The organization serves a 19-county region in Southwest Virginia covering nearly 19% of the state.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$32.2M

+71.4% YoY

Annual Giving

$6.0M

+52.7% YoY

Grant Count

24

+0.0% YoY

Avg Grant Size

$251K

+52.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

EO Companies' mission is to research, pilot, and scale innovative solutions so that people and communities can thrive.

The organization focuses on creating lasting change in Southwest Virginia through a cradle-to-career approach, addressing:

  • Academic success
  • Financial stability
  • Healthy lives
  • Child and youth opportunity
  • Health
  • Financial stability
  • Community resilience

The organization convenes cross-sector partners including government, business, nonprofit organizations, and individuals to innovate for positive, lasting social change.

Grantmaking

EO Companies made a Community Impact Activities grant of $250,000 to United Way of Southwest Virginia in June 2024.

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Geographic Focus

Where this funder awards grants

EO Companies serves Southwest Virginia, with a footprint covering nearly 19% of the state. The organization's service area includes the counties of Bland, Buchanan, Carroll, Dickenson, Floyd, Giles, Grayson, Lee, Montgomery, Pulaski, Russell, Tazewell, Washington, Wise, and Wythe.

Grant Distribution by State

1states

States

Cities

AbingdonBlacksburgBluefieldBristolCastlewoodCedar BluffChristiansburgClevelandCopper HillDamascusFairlawnGalaxGlade SpringGrundyHillsvilleLebanonMarionMeadowviewNorth TazewellPearisburg

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total revenues: $17,857,716
  • Total expenses: $9,450,907
  • Total assets: $18,770,963
  • Number of employees: 49

As of 2024:

  • Total assets: $32,165,614
  • Total giving: $7,694,853
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$16M$24M$32M2020202120232024
Metric202420232021
Total Assets$32,165,614$18,770,963$2,938,004
Revenue$28,944,114$17,857,716$4,536,393
Expenses$15,174,736$9,450,907$4,787,745
Qualifying Distributions
Net Investment Income$163,845$62,903$3,197
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$6M21 grants202048 grants202124 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BLUE MOUNTAIN THERAPY$458KLIDDLE TYKES DAYCARE$451KLIVE LAUGH LEARN$425KTHE IMAGINATION STATION$416KITTY BITTIES ACADEMY$373KRADFORD CHILD DEVELOPMEN…$353KBRIGHT BEGINNINGS DAY CA…$329KTENDER TOTS LEARNING ACA…$323KRAINBOW RIDERS CHILDCARE…$305KVA TECH CHILD DEVELOPMEN…$282K

Grant Size Distribution

117 grants across all recorded years

42<$50K27$50–100K32$100–250K16$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

EO Companies maintains a Four-Star rating with a 98% overall score, reflecting strong performance across accountability, finance, impact measurement, and leadership categories.

The organization is headquartered at:

  • 300 Towne Centre Drive, Suite 20
  • Abingdon, VA 24210
  • Phone: 276-525-4087
  • Mail: P.O. Box 2034, Abingdon, VA 24212
  • Website: eoco.org

Compensation Overview

From 2024 IRS filing

TRAVIS STATONCEO$141KMARK SEAMONVICE PRESIDENT OF FINANCE$83K

From 2024 filing

NameTitleHoursCompensation
BRENDAN MCSHEEHYDIRECTOR- CHAIR1
KRIS WESTOVERDIRECTOR- VICE- CHAIR1
CAMERON BELLDIRECTOR- SECRETARY1
ALAN JONESDIRECTOR- TREASURER1
CHUCK SLEMPDIRECTOR1
RICK NUNLEYDIRECTOR1
STACEY ELYDIRECTOR1
TODD ASBURYDIRECTOR1
HASKEL BLEDSOEDIRECTOR1
KALEN HUNTERDIRECTOR1
AJ ROBINSONDIRECTOR1
ANDRE RICHMONDDIRECTOR1
DONNA HENRYDIRECTOR1
DENNIS CARTERDIRECTOR1
JONATHAN SWEETDIRECTOR1
WHITNEY CZELUSNIAKDIRECTOR1
CHAD WHITTINGTONDIRECTOR1
HEATHER NICHOLSONDIRECTOR1
PAULA DAWSON-DOWNSDIRECTOR1
LUCY HOCHSTEINDIRECTOR1
TRAVIS STATONCEO50$141,479
MARK SEAMONVICE PRESIDENT OF FINANCE40$82,742

Recent News & Activity

Recent developments and announcements

EO Companies received a grant from Virginia Ready to support workforce development initiatives. The organization transformed a former Kmart location into a $26.5 million workforce and child development hub, demonstrating significant capital investment in community infrastructure and services.

EO Companies to receive grant from Virginia Ready

The organization operates several key initiatives including InternshipsVA, which strengthens employer engagement and expands high-quality paid internship opportunities for higher education students across Central and Southwest Virginia.

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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