Virginia School Consortium For Learning
Virginia School Consortium For Learning maintains zero liabilities and 0% officer compensation, despite recent operating deficit.
EIN: 202983717 · Gordonsville, VA · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $356K |
| Total Expenses | $366K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $356,165 |
| Net Assets | $881K |
| Transparency Score | 92/100 |
Is Virginia School Consortium For Learning Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Virginia School Consortium For Learning directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Virginia School Consortium For Learning
Virginia School Consortium For Learning (EIN: 202983717) is a nonprofit organization based in Gordonsville, VA, classified under NTEE code B60. The organization reported total revenue of $356K and total assets of $845K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia School Consortium For Learning's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia School Consortium For Learning is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $280K |
| Total Expenses | $366K |
| Surplus / Deficit | $-86,171 |
| Total Assets | $881K |
| Net Assets | $881K |
| Operating Margin | -30.7% |
| Months of Reserves | 28.9 months |
Financial Health Grade: B
In 2024, Virginia School Consortium For Learning reported a deficit of $86K with expenses exceeding revenue, holds 28.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Virginia School Consortium For Learning's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -23.9% | +3.5% | -8.9% |
| 2023 | +1.6% | +60.1% | -3.4% |
| 2022 | -13.6% | -46.4% | +16.4% |
| 2021 | -11.3% | -15.2% | +0.8% |
| 2020 | -12.3% | +105.9% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 School Consortium For Learning 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Virginia School Consortium For Learning 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 deficit of $86K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid volunteers or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of this size ($356,165 latest revenue).
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 School Consortium For Learning's IRS 990 filings:
- Operating deficit in the most recent fiscal period (2024), with expenses ($366,409) exceeding revenue ($280,238).
Strengths
The following positive indicators were identified for Virginia School Consortium For Learning:
- Consistent reporting of $0 liabilities across all 14 filings.
- 0% officer compensation reported in all filings, indicating efficient use of funds.
- Strong asset base, currently at $845,274, providing financial stability.
- Long history of IRS 990 filings (14 filings), demonstrating commitment to transparency.
- Generally positive net assets and surpluses in most years, indicating sound financial management.
Frequently Asked Questions about Virginia School Consortium For Learning
Is Virginia School Consortium For Learning a legitimate charity?
Based on AI analysis of IRS 990 filings, Virginia School Consortium For Learning (EIN: 202983717) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Virginia School Consortium For Learning spend its money?
Virginia School Consortium For Learning directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Virginia School Consortium For Learning tax-deductible?
Virginia School Consortium For Learning is registered as a tax-exempt nonprofit (EIN: 202983717). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Virginia School Consortium For Learning CEO make?
Virginia School Consortium For Learning's highest-compensated officer earns $356,165 annually. The organization reported $356K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Virginia School Consortium For Learning compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Virginia School Consortium For Learning is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Virginia School Consortium For Learning located?
Virginia School Consortium For Learning is headquartered in Gordonsville, Virginia and files with the IRS under EIN 202983717. It is classified under NTEE code B60.
How many years of IRS 990 filings does Virginia School Consortium For Learning have?
Virginia School Consortium For Learning 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 $356K in total revenue.
Is Virginia School Consortium For Learning a good charity?
Based on the available data, the Virginia School Consortium For Learning appears to be a well-managed charity. Key strengths include zero liabilities, 0% officer compensation, and a strong history of asset accumulation. While the most recent period showed an operating deficit, the overall trend and financial health are positive.
How does the organization manage its liabilities?
The organization has consistently reported $0 in liabilities across all 14 available filings, indicating exceptional financial management and a complete absence of debt.
What is the trend in the organization's assets?
Assets have shown a general upward trend over the long term, growing from $257,256 in 2015 to $845,274 currently. Although there was a slight decrease from $1,001,294 in 2022 to $881,144 in 2024, the overall asset base remains robust.
What caused the operating deficit in the 2024 fiscal period?
In the 2024 fiscal period, the organization reported revenues of $280,238 against expenses of $366,409, resulting in an operating deficit of $86,171. The specific reasons for this increase in expenses relative to revenue are not detailed in the provided summary but warrant further investigation into the full 990 filing.
Filing History
IRS 990 filing history for Virginia School Consortium For Learning showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Virginia School Consortium For Learning's revenue has grown by 8.1%, moving from $259K to $280K. Total assets increased by 311.1% over the same period, from $214K to $881K. Total functional expenses rose by 118.3%, from $168K to $366K. In its most recent filing year (2024), Virginia School Consortium For Learning reported a deficit of $86K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $280K | $366K | $881K | $0 | — | — |
| 2023 | $368K | $354K | $967K | $0 | — | View 990 |
| 2022 | $362K | $221K | $1.0M | $0 | — | View 990 |
| 2021 | $419K | $413K | $860K | $0 | — | View 990 |
| 2020 | $473K | $487K | $854K | $0 | — | — |
| 2019 | $539K | $236K | $868K | $0 | — | View 990 |
| 2018 | $332K | $264K | $561K | $0 | — | View 990 |
| 2017 | $438K | $328K | $493K | $0 | — | View 990 |
| 2016 | $378K | $220K | $383K | $0 | — | View 990 |
| 2015 | $330K | $250K | $257K | $0 | — | View 990 |
| 2014 | $268K | $224K | $177K | $0 | — | View 990 |
| 2013 | $396K | $356K | $137K | $0 | — | View 990 |
| 2012 | $215K | $333K | $97K | $0 | — | View 990 |
| 2011 | $259K | $168K | $214K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $280K, expenses of $366K, and assets of $881K (revenue -23.9% year-over-year).
- 2023: Revenue of $368K, expenses of $354K, and assets of $967K (revenue +1.6% year-over-year).
- 2022: Revenue of $362K, expenses of $221K, and assets of $1.0M (revenue -13.6% year-over-year).
- 2021: Revenue of $419K, expenses of $413K, and assets of $860K (revenue -11.3% year-over-year).
- 2020: Revenue of $473K, expenses of $487K, and assets of $854K (revenue -12.3% year-over-year).
- 2019: Revenue of $539K, expenses of $236K, and assets of $868K (revenue +62.2% year-over-year).
- 2018: Revenue of $332K, expenses of $264K, and assets of $561K (revenue -24.1% year-over-year).
- 2017: Revenue of $438K, expenses of $328K, and assets of $493K (revenue +16.0% year-over-year).
- 2016: Revenue of $378K, expenses of $220K, and assets of $383K (revenue +14.3% year-over-year).
- 2015: Revenue of $330K, expenses of $250K, and assets of $257K (revenue +23.2% year-over-year).
- 2014: Revenue of $268K, expenses of $224K, and assets of $177K (revenue -32.3% year-over-year).
- 2013: Revenue of $396K, expenses of $356K, and assets of $137K (revenue +84.1% year-over-year).
- 2012: Revenue of $215K, expenses of $333K, and assets of $97K (revenue -17.0% year-over-year).
- 2011: Revenue of $259K, expenses of $168K, and assets of $214K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virginia School Consortium For Learning:
Data Sources and Methodology
This transparency report for Virginia School Consortium For Learning 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.