Tidewater Chapter of the Virginia Society of Cpa's
Nonprofit profile at a glance
- EIN
- 541547892
- IRS 990-EZ coverage
- 2009–2021
- Forms available
- Form 990-EZ 2021
- Location
- Norfolk, VA, USA
- Phone
- 8048403405
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $84,871
- Expenses
- $72,374
- Assets
- $120,052
- Liabilities
- $1,000
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- DANIEL S COOK (VICE PRESIDENT)
- JACQUELYN FOX (PRESIDENT)
- JENNIFER FRENCH (IMMEDIATE PAST PRESIDENT)
People named in this filing
- DANIEL S COOK (VICE PRESIDENT)
- LAURA LANGTON (SECRETARY)
- AMBER SHIMP (TREASURER)
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 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote public accounting through education and service.
Operating model
- Revenue model
- Membership-supported. 98% of the money available for current operations came from membership dues.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 11
- Transparency & Controls: 82
- Sustainability: 54
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 16.5%; rating input score 17
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 14.7%; rating input score 60; 60th percentile among comparable filings
- Total-asset coverage ratio: 1.66; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -0% per year; rating input score 0; 60th percentile among comparable filings
- Asset growth: 5.1% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 16.5% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 13 filing years from 2009 to 2021
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 17/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.