Virginia Sheriffs Association Inc
EIN: 541020904 · Richmond, VA
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.1M |
| Net Assets | $2.3M |
Is Virginia Sheriffs Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Virginia Sheriffs Association Inc
Virginia Sheriffs Association Inc (EIN: 541020904) is a nonprofit organization based in Richmond, VA. The organization reported total revenue of $2.9M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginia Sheriffs Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginia Sheriffs Association Inc is a mid-size nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$180K |
| Total Assets | $2.3M |
| Net Assets | $2.3M |
| Operating Margin | 7.7% |
| Months of Reserves | 13.1 months |
Financial Health Grade: A
In 2024, Virginia Sheriffs Association Inc reported a surplus of $180K with revenue exceeding expenses, holds 13.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Virginia Sheriffs Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +21.8% | +12.5% | +16.8% |
| 2023 | +6.9% | +15.7% | -4.0% |
| 2022 | +7.4% | +32.0% | -9.1% |
| 2021 | +40.9% | +4.1% | +34.1% |
| 2020 | +10.4% | +26.6% | +9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Virginia Sheriffs Association Inc 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 Sheriffs Association Inc 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 surplus of $180K, with revenue exceeding expenses.
Frequently Asked Questions about Virginia Sheriffs Association Inc
Is Virginia Sheriffs Association Inc a legitimate charity?
Virginia Sheriffs Association Inc (EIN: 541020904) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $2.9M. No red flags identified. Financial health grade: A.
How does Virginia Sheriffs Association Inc spend its money?
Virginia Sheriffs Association Inc reported $2.9M 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 Sheriffs Association Inc tax-deductible?
Virginia Sheriffs Association Inc is registered as a tax-exempt nonprofit (EIN: 541020904). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Virginia Sheriffs Association Inc located?
Virginia Sheriffs Association Inc is headquartered in Richmond, Virginia and files with the IRS under EIN 541020904.
How many years of IRS 990 filings does Virginia Sheriffs Association Inc have?
Virginia Sheriffs Association Inc 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 $2.9M in total revenue.
Filing History
IRS 990 filing history for Virginia Sheriffs Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Virginia Sheriffs Association Inc's revenue has grown by 197.7%, moving from $782K to $2.3M. Total assets increased by 194.5% over the same period, from $797K to $2.3M. Total functional expenses rose by 216.7%, from $678K to $2.1M. In its most recent filing year (2024), Virginia Sheriffs Association Inc reported a surplus of $180K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.3M | $2.1M | $2.3M | $0 | — | — |
| 2023 | $1.9M | $1.9M | $2.0M | $0 | — | View 990 |
| 2022 | $1.8M | $1.7M | $2.1M | $234K | — | View 990 |
| 2021 | $1.7M | $1.3M | $2.3M | $350K | — | — |
| 2020 | $1.2M | $1.2M | $1.7M | $420K | — | View 990 |
| 2019 | $1.1M | $949K | $1.6M | $105K | — | View 990 |
| 2018 | $1.0M | $1.0M | $1.4M | $113K | — | View 990 |
| 2017 | $928K | $903K | $1.4M | $89K | — | View 990 |
| 2016 | $1.0M | $953K | $1.3M | $145K | — | View 990 |
| 2015 | $903K | $867K | $1.2M | $70K | — | View 990 |
| 2014 | $876K | $840K | $1.1M | $110K | — | View 990 |
| 2013 | $831K | $747K | $957K | $74K | — | View 990 |
| 2012 | $782K | $678K | $797K | $75K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.3M, expenses of $2.1M, and assets of $2.3M (revenue +21.8% year-over-year).
- 2023: Revenue of $1.9M, expenses of $1.9M, and assets of $2.0M (revenue +6.9% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.7M, and assets of $2.1M (revenue +7.4% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.3M, and assets of $2.3M (revenue +40.9% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.2M, and assets of $1.7M (revenue +10.4% year-over-year).
- 2019: Revenue of $1.1M, expenses of $949K, and assets of $1.6M (revenue +4.7% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.0M, and assets of $1.4M (revenue +10.1% year-over-year).
- 2017: Revenue of $928K, expenses of $903K, and assets of $1.4M (revenue -8.0% year-over-year).
- 2016: Revenue of $1.0M, expenses of $953K, and assets of $1.3M (revenue +11.7% year-over-year).
- 2015: Revenue of $903K, expenses of $867K, and assets of $1.2M (revenue +3.2% year-over-year).
- 2014: Revenue of $876K, expenses of $840K, and assets of $1.1M (revenue +5.4% year-over-year).
- 2013: Revenue of $831K, expenses of $747K, and assets of $957K (revenue +6.3% year-over-year).
- 2012: Revenue of $782K, expenses of $678K, and assets of $797K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virginia Sheriffs Association Inc:
Data Sources and Methodology
This transparency report for Virginia Sheriffs 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.