United Virginia Enterprise Foundation
Nonprofit profile at a glance
- EIN
- 264790499
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Richmond, VA, USA
- Phone
- 8043142180
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $5,000
- Expenses
- $6,838
- Assets
- $2,712
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Robert Martin (Robert W. Martin, Chairman of the Board of Directors, Executive Director)
People named in this filing
- Robert Martin (Robert W. Martin, Chairman of the Board of Directors, Executive Director)
- Drew 'DJ' Little (Board Director, Treasurer)
- Ayanna McMullen (Board Director)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of United Virginia Enterprise Foundation (incorporated as United Virginia Education Fund, Inc.) is to develop enterprises of under-resourced entrepreneurs through peer-to-peer support (social capital), mentorship and training (intellectual capital) and lending (financial capital). We operate as a social enterprise ecosystem builder, working to connect individuals to the appropriate community programs and resources. We also offer direct counseling to support the start-up and growth of purpose-driven enterprises as an Affiliate Partner of SEA Change. We operate the Virginia Chapter of the Social Enterprise Alliance and produce training programs including a Social Enterprise Accelerator program for under-resourced enterprise owners. We will produce two programs in 2025 with funds received in both 2024 and 2025.
What it reported doing in 2025
This social enterprise development organization received 5,000 in charitable donations in 2025 and operated with charitable income received in 2024 as well. The organization produced two enterprise development cohorts: Ideas of Impact that utilized and curriculum and software platform developed by United Virginia and its partner SEEDschool and Ignite Impact a curriculum licensed from SEA Change. Mentors and and contractors were engaged to produced the enterprise development programs and organizing activities to grow the social enterprise sector in Virginia, with a particular focus on Richmond. Volunteers associated with the 501c3 contributed dozens of hours providing social enterprise owners with technical assistance on a volunteer basis. Our focus is serving under-resourced populations with partnerships with SEEDschool, The Network Incubator, Aspire to Give, SEA Change and the Office of Community Wealth Building and our 2025 funders: The Luck Foundation and Call Federal Credit Union.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 91% 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
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 10
- Transparency & Controls: 82
- Sustainability: 29
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 10.6%; rating input score 11
- Program expense ratio: 7.7%; rating input score 8
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -36.8%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -23.9% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: 10.5% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 10.9% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 10.6% of revenue deployed · 7.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $529 in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Financial Efficiency: Mission deployment rate scored 11/100.
- High — Financial Efficiency: Program expense ratio scored 8/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 15/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.