The Virginia Bar Association Foundation

Nonprofit profile at a glance

EIN
541413280
IRS 990-EZ coverage
2017–2024
Forms available
Form 990 2016, Form 990-EZ 2024
Location
Richmond, VA, USA
Phone
8046440041
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$47,377
Expenses
$64,892
Assets
$51,316

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

Leadership & pay

4 people listed

Executive titles in this filing

  • W RYAN SNOW (PRESIDENT)

People named in this filing

  • W RYAN SNOW (PRESIDENT)
  • KIMBERLEE HARRIS RAMSEY (VICE PRESIDE)
  • LONNIE D NUNLEY III (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

To carry out the charitable and educational purposes of the Virginia bar association as a supporting organization for programs and activities.

What it reported doing in 2024

Grant to the Virginia bar association for public service projects

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 100
  • Sustainability: 26
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.4%; rating input score 84
  • Program expense ratio: 61.6%; rating input score 62

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -37%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0.79; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -16.6% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: -13.9% per year; rating input score 0; 19th percentile among comparable filings
  • Asset growth: -1.1% per year; rating input score 0; 34th percentile among comparable filings

Details

  • Where the money goes: 84.4% of revenue deployed · 61.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $40K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 3 filed related-organization links
  • 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.

  • High — Sustainability: Operating margin scored 16/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.