Virginia Association For The Educat Ion Of Young Children
Virginia Association For The Education Of Young Children reports consistent operations with recent deficits and declining assets.
EIN: 201565319 · Charlottesvle, VA · NTEE: B032 · Updated: 2026-03-28
Is Virginia Association For The Educat Ion Of Young Children Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Virginia Association For The Educat Ion Of Young Children directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Virginia Association For The Educat Ion Of Young Children
Virginia Association For The Educat Ion Of Young Children (EIN: 201565319) is a nonprofit organization based in Charlottesvle, VA, classified under NTEE code B032. The organization reported total revenue of $189K and total assets of $268K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Association For The Educat Ion Of Young Children's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Association For The Educat Ion Of Young Children is a small nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $171K |
| Total Expenses | $213K |
| Surplus / Deficit | $-42,077 |
| Total Assets | $294K |
| Total Liabilities | $28K |
| Net Assets | $266K |
| Operating Margin | -24.6% |
| Debt-to-Asset Ratio | 9.5% |
| Months of Reserves | 16.6 months |
Financial Health Grade: B
In 2023, Virginia Association For The Educat Ion Of Young Children reported a deficit of $42K with expenses exceeding revenue, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 9.5% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Virginia Association For The Educat Ion Of Young Children's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.8% | +33.1% | -2.4% |
| 2022 | +64.4% | +18.7% | -21.1% |
| 2021 | -62.6% | -25.3% | -7.0% |
| 2020 | +13.9% | -6.6% | +0.5% |
| 2019 | +8.5% | +66.2% | +14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Virginia Association For The Educat Ion Of Young Children with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Virginia Association For The Educat Ion Of Young Children allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation, which is highly favorable for a nonprofit of this size (latest revenue $188,548) and suggests a strong commitment to mission-focused spending.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Virginia Association For The Educat Ion Of Young Children's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 202312, 202212, 202112)
- Declining asset base since 202012 peak
Strengths
The following positive indicators were identified for Virginia Association For The Educat Ion Of Young Children:
- 0% officer compensation across all reported periods, indicating efficient use of funds at the executive level
- Low and stable liabilities relative to assets, suggesting good financial management of debt
- Consistent IRS 990 filing history, demonstrating strong transparency
- Healthy asset base relative to annual revenue, providing a buffer against short-term deficits
Frequently Asked Questions about Virginia Association For The Educat Ion Of Young Children
Is Virginia Association For The Educat Ion Of Young Children a legitimate charity?
Based on AI analysis of IRS 990 filings, Virginia Association For The Educat Ion Of Young Children (EIN: 201565319) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Virginia Association For The Educat Ion Of Young Children spend its money?
Virginia Association For The Educat Ion Of Young Children directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Virginia Association For The Educat Ion Of Young Children tax-deductible?
Virginia Association For The Educat Ion Of Young Children is registered as a tax-exempt nonprofit (EIN: 201565319). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Virginia Association For The Education Of Young Children a good charity?
Based on the available data, the organization demonstrates strong transparency and a commitment to its mission, evidenced by 0% officer compensation. While it has experienced recent operating deficits (e.g., $171,146 revenue vs. $213,223 expenses in 202312), its liabilities are low, and it maintains a healthy asset base, suggesting financial stability despite these shortfalls. The consistent program focus implied by the lack of executive compensation is a positive indicator.
Why are expenses exceeding revenue in recent years?
In 202312, expenses ($213,223) exceeded revenue ($171,146) by over $42,000. Similar trends are seen in 202212 and 202112. This could be due to strategic investments, temporary funding gaps, or increased program costs not yet matched by revenue growth. It's important to monitor if this trend continues and how the organization plans to address it to ensure long-term sustainability without depleting reserves.
What is the trend in the organization's assets?
The organization's assets have shown a declining trend since peaking at $410,682 in 202012, decreasing to $294,251 in 202312. While still significantly higher than liabilities, this reduction suggests that the organization may be drawing down reserves to cover operational deficits or other expenditures.
Filing History
IRS 990 filing history for Virginia Association For The Educat Ion Of Young Children showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Virginia Association For The Educat Ion Of Young Children's revenue has grown by 67.6%, moving from $102K to $171K. Total assets increased by 10% over the same period, from $268K to $294K. Total functional expenses rose by 76%, from $121K to $213K. In its most recent filing year (2023), Virginia Association For The Educat Ion Of Young Children reported a deficit of $42K, with expenses exceeding revenue. The organization holds $28K in liabilities against $294K in assets (debt-to-asset ratio: 9.5%), resulting in net assets of $266K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $171K | $213K | $294K | $28K | — | View 990 |
| 2022 | $136K | $160K | $301K | $16K | — | View 990 |
| 2021 | $83K | $135K | $382K | $17K | — | View 990 |
| 2020 | $221K | $181K | $411K | $14K | — | — |
| 2019 | $194K | $194K | $408K | $19K | — | View 990 |
| 2018 | $179K | $116K | $357K | $10K | — | View 990 |
| 2017 | $146K | $144K | $315K | $10K | — | — |
| 2015 | $163K | $192K | $253K | $22K | — | View 990 |
| 2014 | $166K | $150K | $280K | $20K | — | View 990 |
| 2013 | $210K | $223K | $265K | $21K | — | View 990 |
| 2012 | $182K | $192K | $268K | $11K | — | View 990 |
| 2011 | $102K | $121K | $268K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $171K, expenses of $213K, and assets of $294K (revenue +25.8% year-over-year).
- 2022: Revenue of $136K, expenses of $160K, and assets of $301K (revenue +64.4% year-over-year).
- 2021: Revenue of $83K, expenses of $135K, and assets of $382K (revenue -62.6% year-over-year).
- 2020: Revenue of $221K, expenses of $181K, and assets of $411K (revenue +13.9% year-over-year).
- 2019: Revenue of $194K, expenses of $194K, and assets of $408K (revenue +8.5% year-over-year).
- 2018: Revenue of $179K, expenses of $116K, and assets of $357K (revenue +22.4% year-over-year).
- 2017: Revenue of $146K, expenses of $144K, and assets of $315K (revenue -9.9% year-over-year).
- 2015: Revenue of $163K, expenses of $192K, and assets of $253K (revenue -1.9% year-over-year).
- 2014: Revenue of $166K, expenses of $150K, and assets of $280K (revenue -21.3% year-over-year).
- 2013: Revenue of $210K, expenses of $223K, and assets of $265K (revenue +15.8% year-over-year).
- 2012: Revenue of $182K, expenses of $192K, and assets of $268K (revenue +77.9% year-over-year).
- 2011: Revenue of $102K, expenses of $121K, and assets of $268K.
Data Sources and Methodology
This transparency report for Virginia Association For The Educat Ion Of Young Children is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.