Virginia Council For Private Education
EIN: 541899879 · Richmond, VA · NTEE: B03
Is Virginia Council For Private Education Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Virginia Council For Private Education
Virginia Council For Private Education (EIN: 541899879) is a nonprofit organization based in Richmond, VA, classified under NTEE code B03. The organization reported total revenue of $560K and total assets of $816K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Council For Private Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Council For Private Education is a small nonprofit that has been operating for 27 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $506K |
| Total Expenses | $436K |
| Surplus / Deficit | +$70K |
| Total Assets | $954K |
| Total Liabilities | $418K |
| Net Assets | $536K |
| Operating Margin | 13.7% |
| Debt-to-Asset Ratio | 43.8% |
| Months of Reserves | 26.2 months |
Financial Health Grade: A
In 2024, Virginia Council For Private Education reported a surplus of $70K with revenue exceeding expenses, holds 26.2 months of operating reserves (strong position), has a debt-to-asset ratio of 43.8% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Virginia Council For Private Education's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +16.6% | -2.6% | +95.5% |
| 2023 | -14.4% | +18.4% | +1.3% |
| 2022 | +37.6% | +13.1% | +34.3% |
| 2021 | -8.5% | +7.3% | +9.8% |
| 2020 | +29.7% | +41.0% | +39.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Virginia Council For Private Education has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Virginia Council For Private Education with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $70K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.8%.
Frequently Asked Questions about Virginia Council For Private Education
Is Virginia Council For Private Education a legitimate charity?
Based on AI analysis of IRS 990 filings, Virginia Council For Private Education (EIN: 541899879) insufficient data. 0 red flags identified, 0 strengths noted.
How does Virginia Council For Private Education spend its money?
Detailed spending breakdown data is not yet available for Virginia Council For Private Education. Check back for updated IRS 990 analysis.
Are donations to Virginia Council For Private Education tax-deductible?
Virginia Council For Private Education is registered as a tax-exempt nonprofit (EIN: 541899879). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Virginia Council For Private Education showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Virginia Council For Private Education's revenue has grown by 262.3%, moving from $140K to $506K. Total assets increased by 542.3% over the same period, from $149K to $954K. Total functional expenses rose by 204.7%, from $143K to $436K. In its most recent filing year (2024), Virginia Council For Private Education reported a surplus of $70K, with revenue exceeding expenses. The organization holds $418K in liabilities against $954K in assets (debt-to-asset ratio: 43.8%), resulting in net assets of $536K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $506K | $436K | $954K | $418K | — | — |
| 2023 | $434K | $448K | $488K | $22K | — | View 990 |
| 2022 | $507K | $378K | $481K | $620 | — | View 990 |
| 2021 | $368K | $334K | $359K | $0 | — | — |
| 2020 | $403K | $311K | $326K | $2K | — | View 990 |
| 2019 | $311K | $221K | $234K | $723 | — | View 990 |
| 2018 | $233K | $271K | $155K | $12K | — | View 990 |
| 2017 | $215K | $210K | $199K | $18K | — | View 990 |
| 2016 | $205K | $209K | $204K | $28K | — | View 990 |
| 2015 | $192K | $195K | $197K | $17K | — | View 990 |
| 2014 | $180K | $168K | $193K | $14K | — | View 990 |
| 2013 | $172K | $155K | $225K | $59K | — | View 990 |
| 2012 | $163K | $153K | $167K | $18K | — | View 990 |
| 2011 | $140K | $143K | $149K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $506K, expenses of $436K, and assets of $954K (revenue +16.6% year-over-year).
- 2023: Revenue of $434K, expenses of $448K, and assets of $488K (revenue -14.4% year-over-year).
- 2022: Revenue of $507K, expenses of $378K, and assets of $481K (revenue +37.6% year-over-year).
- 2021: Revenue of $368K, expenses of $334K, and assets of $359K (revenue -8.5% year-over-year).
- 2020: Revenue of $403K, expenses of $311K, and assets of $326K (revenue +29.7% year-over-year).
- 2019: Revenue of $311K, expenses of $221K, and assets of $234K (revenue +33.1% year-over-year).
- 2018: Revenue of $233K, expenses of $271K, and assets of $155K (revenue +8.5% year-over-year).
- 2017: Revenue of $215K, expenses of $210K, and assets of $199K (revenue +4.9% year-over-year).
- 2016: Revenue of $205K, expenses of $209K, and assets of $204K (revenue +6.8% year-over-year).
- 2015: Revenue of $192K, expenses of $195K, and assets of $197K (revenue +6.4% year-over-year).
- 2014: Revenue of $180K, expenses of $168K, and assets of $193K (revenue +4.9% year-over-year).
- 2013: Revenue of $172K, expenses of $155K, and assets of $225K (revenue +5.6% year-over-year).
- 2012: Revenue of $163K, expenses of $153K, and assets of $167K (revenue +16.7% year-over-year).
- 2011: Revenue of $140K, expenses of $143K, and assets of $149K.
Data Sources and Methodology
This transparency report for Virginia Council For Private Education 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.