Virginia Counselors Association
EIN: 546076167 · Yorktown, VA
| Metric | Value |
|---|---|
| Total Revenue | $291K |
| Total Expenses | $311K |
| Net Assets | $180K |
Is Virginia Counselors Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Virginia Counselors Association
Virginia Counselors Association (EIN: 546076167) is a nonprofit organization based in Yorktown, VA. The organization reported total revenue of $291K and total assets of $146K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Counselors Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Counselors Association is a small nonprofit that has been operating for 57 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $286K |
| Total Expenses | $311K |
| Surplus / Deficit | $-24,696 |
| Total Assets | $180K |
| Net Assets | $180K |
| Operating Margin | -8.6% |
| Months of Reserves | 7.0 months |
Financial Health Grade: B
In 2024, Virginia Counselors Association reported a deficit of $25K with expenses exceeding revenue, holds 7.0 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2024), Virginia Counselors Association's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -4.9% | +20.8% | -12.0% |
| 2023 | +67.7% | +63.8% | +27.0% |
| 2022 | -11.7% | -8.7% | +16.1% |
| 2021 | -15.3% | -24.1% | +28.6% |
| 2020 | +0.6% | +4.7% | +13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Virginia Counselors Association 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 Counselors Association 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 deficit of $25K, with expenses exceeding revenue.
Frequently Asked Questions about Virginia Counselors Association
Is Virginia Counselors Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Virginia Counselors Association (EIN: 546076167) insufficient data. 0 red flags identified, 0 strengths noted.
How does Virginia Counselors Association spend its money?
Detailed spending breakdown data is not yet available for Virginia Counselors Association. Check back for updated IRS 990 analysis.
Are donations to Virginia Counselors Association tax-deductible?
Virginia Counselors Association is registered as a tax-exempt nonprofit (EIN: 546076167). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Virginia Counselors Association located?
Virginia Counselors Association is headquartered in Yorktown, Virginia and files with the IRS under EIN 546076167.
How many years of IRS 990 filings does Virginia Counselors Association have?
Virginia Counselors Association has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $291K in total revenue.
Filing History
IRS 990 filing history for Virginia Counselors Association showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Virginia Counselors Association's revenue has grown by 50.4%, moving from $190K to $286K. Total assets increased by 212.1% over the same period, from $58K to $180K. Total functional expenses rose by 84.6%, from $168K to $311K. In its most recent filing year (2024), Virginia Counselors Association reported a deficit of $25K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $286K | $311K | $180K | $0 | — | — |
| 2023 | $301K | $257K | $205K | $0 | — | View 990 |
| 2022 | $179K | $157K | $162K | $0 | — | View 990 |
| 2021 | $203K | $172K | $139K | $0 | — | — |
| 2020 | $240K | $227K | $108K | $0 | — | — |
| 2019 | $238K | $217K | $95K | $0 | — | View 990 |
| 2018 | $222K | $199K | $73K | $0 | — | View 990 |
| 2017 | $195K | $211K | $51K | $0 | — | View 990 |
| 2015 | $193K | $188K | $41K | $0 | — | View 990 |
| 2014 | $161K | $176K | $36K | $0 | — | View 990 |
| 2013 | $150K | $157K | $51K | $0 | — | View 990 |
| 2012 | $190K | $168K | $58K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $286K, expenses of $311K, and assets of $180K (revenue -4.9% year-over-year).
- 2023: Revenue of $301K, expenses of $257K, and assets of $205K (revenue +67.7% year-over-year).
- 2022: Revenue of $179K, expenses of $157K, and assets of $162K (revenue -11.7% year-over-year).
- 2021: Revenue of $203K, expenses of $172K, and assets of $139K (revenue -15.3% year-over-year).
- 2020: Revenue of $240K, expenses of $227K, and assets of $108K (revenue +0.6% year-over-year).
- 2019: Revenue of $238K, expenses of $217K, and assets of $95K (revenue +7.5% year-over-year).
- 2018: Revenue of $222K, expenses of $199K, and assets of $73K (revenue +13.9% year-over-year).
- 2017: Revenue of $195K, expenses of $211K, and assets of $51K (revenue +0.6% year-over-year).
- 2015: Revenue of $193K, expenses of $188K, and assets of $41K (revenue +20.2% year-over-year).
- 2014: Revenue of $161K, expenses of $176K, and assets of $36K (revenue +7.0% year-over-year).
- 2013: Revenue of $150K, expenses of $157K, and assets of $51K (revenue -21.0% year-over-year).
- 2012: Revenue of $190K, expenses of $168K, and assets of $58K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virginia Counselors Association:
Data Sources and Methodology
This transparency report for Virginia Counselors Association 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.