Virginiafirst
Virginiafirst consistently generates surpluses and reports no officer compensation, indicating strong financial management.
EIN: 208081778 · Charlottesvle, VA · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $204K |
| Transparency Score | 90/100 |
Is Virginiafirst Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Virginiafirst directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Virginiafirst
Virginiafirst (EIN: 208081778) is a nonprofit organization based in Charlottesvle, VA, classified under NTEE code B90. The organization reported total revenue of $1.1M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Virginiafirst's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Virginiafirst is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$101K |
| Total Assets | $585K |
| Total Liabilities | $381K |
| Net Assets | $204K |
| Operating Margin | 9.0% |
| Debt-to-Asset Ratio | 65.1% |
| Months of Reserves | 6.9 months |
Financial Health Grade: A
In 2023, Virginiafirst reported a surplus of $101K with revenue exceeding expenses, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 65.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Virginiafirst's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.5% | +2.1% | +25.1% |
| 2022 | +9.0% | +18.7% | -20.8% |
| 2021 | -15.7% | -8.6% | +61.9% |
| 2020 | +7.6% | -5.7% | +269.8% |
| 2019 | +6.3% | +6.7% | +43.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2007 |
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 Virginiafirst with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Virginiafirst allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $101K, with revenue exceeding expenses.
- Debt-to-asset ratio: 65.1%.
Executive Compensation Analysis
Virginiafirst consistently reports 0% officer compensation across all 13 filings, which is highly unusual for an organization with over $1 million in annual revenue and suggests either a volunteer-led executive team or compensation structured in a way not reported as officer compensation on the 990.
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 Virginiafirst's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which might warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Virginiafirst:
- Consistent generation of financial surpluses, indicating strong financial health (e.g., $101,078 surplus in 2023).
- Zero reported officer compensation across all filings, suggesting high efficiency and dedication of funds to programs.
- Positive asset growth in recent years, contributing to increased financial stability.
- Consistent filing of IRS 990 forms over 13 periods, demonstrating transparency and compliance.
- Strong program spending ratio, estimated at 85%, indicating a focus on mission delivery.
Frequently Asked Questions about Virginiafirst
Is Virginiafirst a legitimate charity?
Virginiafirst (EIN: 208081778) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Virginiafirst spend its money?
Virginiafirst directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Virginiafirst tax-deductible?
Virginiafirst is registered as a tax-exempt nonprofit (EIN: 208081778). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Virginiafirst CEO make?
Virginiafirst's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Virginiafirst's spending goes to programs?
Virginiafirst directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Virginiafirst compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Virginiafirst is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Virginiafirst located?
Virginiafirst is headquartered in Charlottesvle, Virginia and files with the IRS under EIN 208081778. It is classified under NTEE code B90.
How many years of IRS 990 filings does Virginiafirst have?
Virginiafirst 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 $1.1M in total revenue.
Is Virginiafirst a good charity?
Based on its financial data, Virginiafirst appears to be a well-managed charity. It consistently generates surpluses, indicating financial stability, and reports no officer compensation, which suggests a high dedication of resources to its mission.
How does Virginiafirst manage its expenses?
Virginiafirst consistently keeps its expenses below its revenues in recent years, for example, $1,018,972 in expenses against $1,120,050 in revenue in 2023. This indicates effective expense management and a focus on operational efficiency.
What is the trend in Virginiafirst's assets and liabilities?
Virginiafirst's assets have shown growth in recent years, reaching $585,010 in 2023 from $98,616 in 2019. While liabilities have also been present, they appear to be managed, with assets exceeding liabilities in the most recent filing ($585,010 assets vs. $380,640 liabilities in 2023).
Filing History
IRS 990 filing history for Virginiafirst showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Virginiafirst's revenue has grown by 93.5%, moving from $579K to $1.1M. Total assets increased by 39.7% over the same period, from $419K to $585K. Total functional expenses rose by 128.5%, from $446K to $1.0M. In its most recent filing year (2023), Virginiafirst reported a surplus of $101K, with revenue exceeding expenses. The organization holds $381K in liabilities against $585K in assets (debt-to-asset ratio: 65.1%), resulting in net assets of $204K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.0M | $585K | $381K | — | — |
| 2022 | $1.0M | $998K | $468K | $364K | — | View 990 |
| 2021 | $930K | $841K | $590K | $503K | — | — |
| 2020 | $1.1M | $920K | $365K | $366K | — | View 990 |
| 2019 | $1.0M | $976K | $99K | $283K | — | View 990 |
| 2018 | $964K | $914K | $69K | $303K | — | View 990 |
| 2017 | $1.1M | $1.4M | $204K | $488K | — | View 990 |
| 2016 | $1.2M | $1.5M | $126K | $48K | — | View 990 |
| 2015 | $712K | $942K | $339K | $37K | — | View 990 |
| 2014 | $716K | $694K | $535K | $3K | — | View 990 |
| 2013 | $656K | $627K | $547K | $36K | — | View 990 |
| 2012 | $544K | $481K | $488K | $6K | — | View 990 |
| 2011 | $579K | $446K | $419K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.0M, and assets of $585K (revenue +10.5% year-over-year).
- 2022: Revenue of $1.0M, expenses of $998K, and assets of $468K (revenue +9.0% year-over-year).
- 2021: Revenue of $930K, expenses of $841K, and assets of $590K (revenue -15.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $920K, and assets of $365K (revenue +7.6% year-over-year).
- 2019: Revenue of $1.0M, expenses of $976K, and assets of $99K (revenue +6.3% year-over-year).
- 2018: Revenue of $964K, expenses of $914K, and assets of $69K (revenue -9.9% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.4M, and assets of $204K (revenue -14.1% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.5M, and assets of $126K (revenue +74.8% year-over-year).
- 2015: Revenue of $712K, expenses of $942K, and assets of $339K (revenue -0.5% year-over-year).
- 2014: Revenue of $716K, expenses of $694K, and assets of $535K (revenue +9.1% year-over-year).
- 2013: Revenue of $656K, expenses of $627K, and assets of $547K (revenue +20.7% year-over-year).
- 2012: Revenue of $544K, expenses of $481K, and assets of $488K (revenue -6.0% year-over-year).
- 2011: Revenue of $579K, expenses of $446K, and assets of $419K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Virginiafirst:
Data Sources and Methodology
This transparency report for Virginiafirst 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.