Virginia Loggers Association Inc
Virginia Loggers Association Inc shows consistent growth and 0% reported officer compensation over a decade.
EIN: 201495134 · Goochland, VA · NTEE: S41 · Updated: 2026-03-28
About Virginia Loggers Association Inc
Virginia Loggers Association Inc (EIN: 201495134) is a nonprofit organization based in Goochland, VA, classified under NTEE code S41. The organization reported total revenue of $398K and total assets of $246K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Loggers Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Virginia Loggers Association Inc with a Mission Score of 92 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: 3%
- programs: 95%
- fundraising: 2%
According to IRS 990 filings, Virginia Loggers Association Inc allocates its expenses as follows: admin: 3%, programs: 95%, fundraising: 2%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through means not categorized as officer compensation on the 990, which is highly unusual for an organization of its size and revenue, and suggests exceptional dedication to mission over personal gain.
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 Loggers Association Inc's IRS 990 filings:
- Unusually low reported liabilities relative to assets, which could indicate very conservative accounting or minimal operational debt.
- 0% reported officer compensation for an organization with growing revenue and assets, which, while positive, is atypical and might warrant further inquiry into how leadership is sustained.
Strengths
The following positive indicators were identified for Virginia Loggers Association Inc:
- Strong program spending efficiency, with the vast majority of expenses directed towards mission-related activities.
- Consistent revenue growth over the past decade, indicating increasing support and operational capacity.
- Healthy asset growth, from $51,333 in 2014 to $242,679 in 2023, demonstrating sound financial management.
- Extremely low liabilities, indicating financial stability and minimal debt burden.
- No reported officer compensation across all filings, suggesting a highly dedicated and potentially volunteer-led executive team.
Frequently Asked Questions about Virginia Loggers Association Inc
Is Virginia Loggers Association Inc a good charity?
Based on its financial data, Virginia Loggers Association Inc appears to be a very good charity. It demonstrates strong financial health, consistent growth, and exceptional spending efficiency with 0% reported officer compensation and a very high percentage of expenses dedicated to programs.
How has the organization's revenue grown over time?
The organization's revenue has shown significant growth, increasing from $148,191 in 2014 to $339,417 in 2023, representing a substantial increase over the decade.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, suggesting a volunteer-driven executive leadership or compensation structure that does not fall under the 'officer compensation' category on the 990.
How efficient is Virginia Loggers Association Inc in its spending?
The organization is highly efficient, consistently spending a very high proportion of its total expenses on program services, with minimal administrative and fundraising costs, and maintaining low liabilities.
Are there any financial red flags for this organization?
No significant financial red flags are apparent. The organization consistently operates with revenues exceeding expenses, maintains low liabilities, and reports no officer compensation, all positive indicators.
Filing History
IRS 990 filing history for Virginia Loggers Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Virginia Loggers Association Inc's revenue has grown by 164.7%, moving from $128K to $339K. Total assets increased by 1756.5% over the same period, from $13K to $243K. Total functional expenses rose by 159.8%, from $124K to $321K. In its most recent filing year (2023), Virginia Loggers Association Inc reported a surplus of $18K, with revenue exceeding expenses. The organization holds $4K in liabilities against $243K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $238K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $339K | $321K | $243K | $4K | — | View 990 |
| 2022 | $333K | $312K | $220K | $351 | — | View 990 |
| 2021 | $272K | $235K | $202K | $3K | — | View 990 |
| 2020 | $159K | $149K | $165K | $3K | — | View 990 |
| 2019 | $233K | $218K | $155K | $3K | — | View 990 |
| 2018 | $198K | $194K | $139K | $2K | — | View 990 |
| 2017 | $178K | $160K | $135K | $2K | — | View 990 |
| 2016 | $173K | $154K | $115K | $0 | — | View 990 |
| 2015 | $153K | $107K | $97K | $0 | — | View 990 |
| 2014 | $148K | $118K | $51K | $0 | — | View 990 |
| 2013 | $138K | $130K | $24K | $0 | — | View 990 |
| 2012 | $130K | $127K | $18K | $0 | — | View 990 |
| 2011 | $128K | $124K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $339K, expenses of $321K, and assets of $243K (revenue +1.9% year-over-year).
- 2022: Revenue of $333K, expenses of $312K, and assets of $220K (revenue +22.4% year-over-year).
- 2021: Revenue of $272K, expenses of $235K, and assets of $202K (revenue +71.5% year-over-year).
- 2020: Revenue of $159K, expenses of $149K, and assets of $165K (revenue -32.0% year-over-year).
- 2019: Revenue of $233K, expenses of $218K, and assets of $155K (revenue +18.0% year-over-year).
- 2018: Revenue of $198K, expenses of $194K, and assets of $139K (revenue +11.4% year-over-year).
- 2017: Revenue of $178K, expenses of $160K, and assets of $135K (revenue +2.7% year-over-year).
- 2016: Revenue of $173K, expenses of $154K, and assets of $115K (revenue +13.3% year-over-year).
- 2015: Revenue of $153K, expenses of $107K, and assets of $97K (revenue +3.1% year-over-year).
- 2014: Revenue of $148K, expenses of $118K, and assets of $51K (revenue +7.6% year-over-year).
- 2013: Revenue of $138K, expenses of $130K, and assets of $24K (revenue +6.2% year-over-year).
- 2012: Revenue of $130K, expenses of $127K, and assets of $18K (revenue +1.1% year-over-year).
- 2011: Revenue of $128K, expenses of $124K, and assets of $13K.
Data Sources and Methodology
This transparency report for Virginia Loggers Association Inc 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.