Virginia Express Hockey Club
Virginia Express Hockey Club consistently operates near break-even with no officer compensation, showing steady growth in assets.
EIN: 208444013 · Woodbridge, VA · NTEE: N68 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.4 |
| Net Assets | $218K |
| Transparency Score | 85/100 |
Is Virginia Express Hockey Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Virginia Express Hockey Club directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Virginia Express Hockey Club
Virginia Express Hockey Club (EIN: 208444013) is a nonprofit organization based in Woodbridge, VA, classified under NTEE code N68. The organization reported total revenue of $1.5M and total assets of $410K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Express Hockey Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Express Hockey Club is a mid-size nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 12.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$172K |
| Total Assets | $357K |
| Total Liabilities | $139K |
| Net Assets | $218K |
| Operating Margin | 10.4% |
| Debt-to-Asset Ratio | 38.8% |
| Months of Reserves | 2.9 months |
Financial Health Grade: A
In 2024, Virginia Express Hockey Club reported a surplus of $172K with revenue exceeding expenses, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 38.8% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Virginia Express Hockey Club's revenue has grown at a compound annual growth rate (CAGR) of 12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.9% | -6.5% | +182.9% |
| 2023 | +8.0% | +8.1% | -43.2% |
| 2022 | -3.4% | +13.3% | -10.9% |
| 2021 | +20.8% | +6.9% | +109.6% |
| 2020 | -2.9% | +0.7% | +61.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
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 Express Hockey Club with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, Virginia Express Hockey Club allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $172K, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers do not receive salaries, which is highly unusual for an organization with annual revenues exceeding $1.4 million.
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 Express Hockey Club's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data makes precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for Virginia Express Hockey Club:
- Consistent revenue generation covering expenses, as evidenced by $1,645,721 revenue vs. $1,473,964 expenses in 2024.
- 0% officer compensation across all filings, indicating high dedication of resources to the mission.
- Strong asset growth from $10,161 in 2015 to $356,691 in 2024.
- Long history of IRS 990 filings (14 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Virginia Express Hockey Club
Is Virginia Express Hockey Club a legitimate charity?
Virginia Express Hockey Club (EIN: 208444013) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.5M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Virginia Express Hockey Club spend its money?
Virginia Express Hockey Club directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Virginia Express Hockey Club tax-deductible?
Virginia Express Hockey Club is registered as a tax-exempt nonprofit (EIN: 208444013). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Virginia Express Hockey Club CEO make?
Virginia Express Hockey Club's highest-compensated officer earns $1.4 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Virginia Express Hockey Club compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Virginia Express Hockey Club is above average for NTEE category N68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Virginia Express Hockey Club located?
Virginia Express Hockey Club is headquartered in Woodbridge, Virginia and files with the IRS under EIN 208444013. It is classified under NTEE code N68.
How many years of IRS 990 filings does Virginia Express Hockey Club have?
Virginia Express Hockey Club has 14 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 $1.5M in total revenue.
Is Virginia Express Hockey Club financially stable?
Yes, the organization appears financially stable, consistently generating revenues that cover its expenses, as seen in the 2024 period with $1,645,721 in revenue against $1,473,964 in expenses, and growing its assets from $10,161 in 2015 to $356,691 in 2024.
How does Virginia Express Hockey Club manage its leadership compensation?
Virginia Express Hockey Club reports 0% officer compensation across all available filings, meaning its leadership does not receive salaries from the organization.
What is the trend in the organization's assets?
The organization's assets have shown significant growth over time, increasing from $10,161 in 2015 to $356,691 in 2024, indicating a healthy accumulation of resources.
Filing History
IRS 990 filing history for Virginia Express Hockey Club showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Virginia Express Hockey Club's revenue has grown by 368.1%, moving from $352K to $1.6M. Total assets increased by 402.2% over the same period, from $71K to $357K. Total functional expenses rose by 419.1%, from $284K to $1.5M. In its most recent filing year (2024), Virginia Express Hockey Club reported a surplus of $172K, with revenue exceeding expenses. The organization holds $139K in liabilities against $357K in assets (debt-to-asset ratio: 38.8%), resulting in net assets of $218K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.6M | $1.5M | $357K | $139K | — | View 990 |
| 2023 | $1.5M | $1.6M | $126K | $80K | — | View 990 |
| 2022 | $1.4M | $1.5M | $222K | $139K | — | View 990 |
| 2021 | $1.5M | $1.3M | $249K | $133K | — | — |
| 2020 | $1.2M | $1.2M | $119K | $191K | — | View 990 |
| 2019 | $1.3M | $1.2M | $73K | $164K | — | View 990 |
| 2018 | $1.3M | $1.4M | $123K | $185K | — | View 990 |
| 2017 | $1.4M | $1.5M | $109K | $98K | — | View 990 |
| 2016 | $1.4M | $1.4M | $101K | $83K | — | View 990 |
| 2015 | $379K | $377K | $10K | $62K | — | View 990 |
| 2014 | $316K | $328K | $1 | $0 | — | View 990 |
| 2013 | $326K | $348K | $11K | $0 | — | View 990 |
| 2012 | $260K | $311K | $18K | $0 | — | View 990 |
| 2011 | $352K | $284K | $71K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.6M, expenses of $1.5M, and assets of $357K (revenue +6.9% year-over-year).
- 2023: Revenue of $1.5M, expenses of $1.6M, and assets of $126K (revenue +8.0% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.5M, and assets of $222K (revenue -3.4% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.3M, and assets of $249K (revenue +20.8% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.2M, and assets of $119K (revenue -2.9% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $73K (revenue -2.7% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.4M, and assets of $123K (revenue -10.2% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.5M, and assets of $109K (revenue +4.3% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $101K (revenue +264.1% year-over-year).
- 2015: Revenue of $379K, expenses of $377K, and assets of $10K (revenue +20.2% year-over-year).
- 2014: Revenue of $316K, expenses of $328K, and assets of $1 (revenue -3.3% year-over-year).
- 2013: Revenue of $326K, expenses of $348K, and assets of $11K (revenue +25.7% year-over-year).
- 2012: Revenue of $260K, expenses of $311K, and assets of $18K (revenue -26.1% year-over-year).
- 2011: Revenue of $352K, expenses of $284K, and assets of $71K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virginia Express Hockey Club:
Data Sources and Methodology
This transparency report for Virginia Express Hockey Club 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.