Podium RVA

Nonprofit profile at a glance

EIN
261877724
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Richmond, VA, USA
Phone
8047885912
Rating
86
Verdict
STRONG
Rating confidence
Standard
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$279,368
Expenses
$279,766
Assets
$315,161
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • Victoria Yeroian (Executive Director)

Highest reported compensation

  • Victoria Yeroian (Executive Director): $62,320 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Podium provides Richmond, VA youth ages 10-19, over 70% of whom live near or below the poverty line, opportunities to explore their passion for the literary arts.

What it reported doing in 2024

Tier 1: Foundational Education programs: programs designed for under-resourced communities and schools to reinforce and build on lessons learned during the school-day while identifying writing as a positive coping tool for personal expression. Accomplishments: 781 youth served Amount of grants received: $95,000 Allocation to others: $0 Total expenses: $94,000 Total revenue: $0 Tier 2: Developing Your Professional Self: programs that connect under-served youth across the region and across communities to work collaboratively with diverse professionals on career exploration, project management, college preparation, and leadership. Accomplishments: 35 youth served Amount of grants received: $4,000 Allocation to others: $0 Total expenses: $3,986.62 Total revenue: $0

Operating model

Revenue model
Donor-supported. 84% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 100
  • Accountability: 84
  • Sustainability: 42
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90%; rating input score 90
  • Program expense ratio: 89.8%; rating input score 90
  • Fundraising efficiency: $31.19 raised per $1 spent on fundraising; rating input score 68; 68th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -0.1%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 1.13; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 22.3%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 24.2% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: -9.5% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -1.7% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 90% of revenue deployed · 89.8% of spending went to programs
  • Governance: 12 of 12 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $251K in reported program spending
  • Leadership: top reported pay $62K · 13 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.