Virginia Nurses Association
EIN: 540227389 · Richmond, VA
| Metric | Value |
|---|---|
| Total Revenue | $809K |
| Total Expenses | $701K |
| Net Assets | $980K |
Is Virginia Nurses 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 Nurses Association
Virginia Nurses Association (EIN: 540227389) is a nonprofit organization based in Richmond, VA. The organization reported total revenue of $809K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Nurses Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Nurses Association is a small nonprofit that has been operating for 73 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $706K |
| Total Expenses | $701K |
| Surplus / Deficit | +$5K |
| Total Assets | $1.1M |
| Total Liabilities | $104K |
| Net Assets | $980K |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 9.6% |
| Months of Reserves | 18.5 months |
Financial Health Grade: A
In 2023, Virginia Nurses Association reported a surplus of $5K with revenue exceeding expenses, holds 18.5 months of operating reserves (strong position), has a debt-to-asset ratio of 9.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Virginia Nurses Association's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.6% | +17.6% | -0.2% |
| 2022 | +16.6% | -4.8% | +7.8% |
| 2021 | -16.3% | -6.5% | +9.8% |
| 2020 | +7.7% | -5.2% | +28.4% |
| 2019 | -2.8% | +10.0% | +8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1953 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Virginia Nurses 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 Nurses 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.6%.
Frequently Asked Questions about Virginia Nurses Association
Is Virginia Nurses Association a legitimate charity?
Virginia Nurses Association (EIN: 540227389) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $809K. No red flags identified. Financial health grade: A.
How does Virginia Nurses Association spend its money?
Virginia Nurses Association reported $809K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Virginia Nurses Association tax-deductible?
Virginia Nurses Association is registered as a tax-exempt nonprofit (EIN: 540227389). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Virginia Nurses Association located?
Virginia Nurses Association is headquartered in Richmond, Virginia and files with the IRS under EIN 540227389.
How many years of IRS 990 filings does Virginia Nurses Association have?
Virginia Nurses Association has 13 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 $809K in total revenue.
Filing History
IRS 990 filing history for Virginia Nurses Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Virginia Nurses Association's revenue has declined by 24.2%, moving from $932K to $706K. Total assets increased by 30.8% over the same period, from $828K to $1.1M. Total functional expenses fell by 14.4%, from $819K to $701K. In its most recent filing year (2023), Virginia Nurses Association reported a surplus of $5K, with revenue exceeding expenses. The organization holds $104K in liabilities against $1.1M in assets (debt-to-asset ratio: 9.6%), resulting in net assets of $980K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $706K | $701K | $1.1M | $104K | — | View 990 |
| 2022 | $756K | $596K | $1.1M | $111K | — | View 990 |
| 2021 | $649K | $626K | $1.0M | $192K | — | View 990 |
| 2020 | $775K | $670K | $917K | $125K | — | — |
| 2019 | $719K | $707K | $714K | $91K | — | View 990 |
| 2018 | $740K | $642K | $661K | $50K | — | View 990 |
| 2017 | $98K | $108K | $281K | $0 | — | View 990 |
| 2016 | $584K | $534K | $438K | $28K | — | View 990 |
| 2015 | $567K | $460K | $380K | $20K | — | View 990 |
| 2014 | $457K | $411K | $266K | $23K | — | View 990 |
| 2013 | $995K | $861K | $1.1M | $143K | — | View 990 |
| 2012 | $952K | $862K | $931K | $121K | — | View 990 |
| 2011 | $932K | $819K | $828K | $108K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $706K, expenses of $701K, and assets of $1.1M (revenue -6.6% year-over-year).
- 2022: Revenue of $756K, expenses of $596K, and assets of $1.1M (revenue +16.6% year-over-year).
- 2021: Revenue of $649K, expenses of $626K, and assets of $1.0M (revenue -16.3% year-over-year).
- 2020: Revenue of $775K, expenses of $670K, and assets of $917K (revenue +7.7% year-over-year).
- 2019: Revenue of $719K, expenses of $707K, and assets of $714K (revenue -2.8% year-over-year).
- 2018: Revenue of $740K, expenses of $642K, and assets of $661K (revenue +652.7% year-over-year).
- 2017: Revenue of $98K, expenses of $108K, and assets of $281K (revenue -83.2% year-over-year).
- 2016: Revenue of $584K, expenses of $534K, and assets of $438K (revenue +3.0% year-over-year).
- 2015: Revenue of $567K, expenses of $460K, and assets of $380K (revenue +24.0% year-over-year).
- 2014: Revenue of $457K, expenses of $411K, and assets of $266K (revenue -54.1% year-over-year).
- 2013: Revenue of $995K, expenses of $861K, and assets of $1.1M (revenue +4.6% year-over-year).
- 2012: Revenue of $952K, expenses of $862K, and assets of $931K (revenue +2.1% year-over-year).
- 2011: Revenue of $932K, expenses of $819K, and assets of $828K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virginia Nurses Association:
Data Sources and Methodology
This transparency report for Virginia Nurses 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.