Northern Virginia Family Services

What it reported doing in 2024

Special initiatives services: nvfs is operating arpa-funded programs in loudoun county through provision of case management to clients at-risk of eviction (in partnership with loudoun cares) so they can maintain housing [case management services for rental and eviction assistance] and administration of a supplementary reimbursement program to support a 50% tuition reduction at a licensed or registered child care center/home care provider so that families can afford quality childcare for their children, allowing parents to work and/or participate in educational opportunities [child care fee reduction program]. In addition, nvfs operates six affordable rental units in prince william county. These homes are designated for families living at 50% or 80% of the median family income with the goal of providing an affordable housing option to families with low-income. Nvfs launched its first resident services contract in 2024 in loudoun county with a greater focus on the residents in affordable housing, instead of the development and/or management of physical affordable rental units. Community in reach - nvfs' community in-reach team partners with northern Virginia communities to distribute information, deepen engagement, and help residents navigate nvfs and community services as they work toward self-sufficiency; it also collaborates with local agencies, nonprofits, and businesses to strengthen community resiliency and address emerging needs. The team conducts monthly community conversations within communities to engage residents in describing the broader economic and social concerns within their communities and to make decisions that build upon their strengths and resiliency to shape recovery. Community in reach also provides training and technical assistance sessions through the community influencers academy (cisa), a quarterly, six session cohort program that supports the development of self or community-identified leaders working to build capacity for a range of community-identified needs. These leaders then become community influencers to improve their neighborhood's livable conditions.

Financial Efficiency

• Mission deployment rate: 80.6%; rating input score 81
• Program expense ratio: 78.4%; rating input score 78
• Fundraising efficiency: $20.82 raised per $1 spent on fundraising; rating input score 58; 58th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 96.4%; rating input score 96; 30th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 0.5%; rating input score 35; 35th percentile among comparable filings
• Total-asset coverage ratio: 0.69; rating input score 24; 24th percentile among comparable filings
• Liabilities to assets ratio: 0.47; rating input score 31; 31st percentile among comparable filings
• Officer compensation ratio: 5.3%; rating input score 48; 48th percentile among comparable filings

Growth

• Program expense growth: 2% per year; rating input score 100; 20th percentile among comparable filings
• Revenue growth: 3.3% per year; rating input score 100; 28th percentile among comparable filings
• Asset growth: 5.9% per year; rating input score 100; 41st percentile among comparable filings