Virginia Association of Chiefs of Police and Foundation Inc
Nonprofit profile at a glance
- EIN
- 311502529
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Glen Allen, VA, USA
- Phone
- 8042858227
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Adult, Continuing Education
Reported finances
- Revenue
- $1,465,587
- Expenses
- $1,449,890
- Assets
- $851,463
- Liabilities
- $403,877
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- CRAIG BRANCH (IMMEDIATE PAST PRESIDENT)
- SCOTT BOOTH (PRESIDENT)
- JOHN CLAIR (FIRST VICE PRESIDENT)
- TRAVIS CHRISTIAN (SECOND VICE PRESIDENT)
- ANGELA MCKENZIE GREENE (THIRD VICE PRESIDENT)
- DANA SCHRAD (EXECUTIVE DIRECTOR)
Highest reported compensation
- DANA SCHRAD (EXECUTIVE DIRECTOR): $176,319 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the Virginia Association of Chiefs of Police and Foundation, Inc. shall be to promote the professional development of all executive and management personnel within duly constituted law enforcement agencies in the Commonwealth of Virginia; to encourage close cooperation of all law enforcement agencies in the prevention of crime, detection of crime and the apprehension of those responsible for the commission of crimes; to promote the highest standards of the police profession through selection and training of law enforcement officers and generally pledge and strive for the highest degree of respect for law and order throughout the Commonwealth of Virginia.
What it reported doing in 2024
See statement o
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 70
- Accountability: 100
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.8%; rating input score 81
- Program expense ratio: 81.7%; rating input score 82
- Fundraising efficiency: $24.21 raised per $1 spent on fundraising; rating input score 63; 63rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- 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: 8 of 8 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: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.1%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.59; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0.47; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 12.2%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: 13.8% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 14.1% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 11.8% per year; rating input score 100; 64th percentile among comparable filings
Details
- Where the money goes: 80.8% of revenue deployed · 81.7% of spending went to programs
- Governance: 10 of 10 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.2M in reported program spending
- Leadership: top reported pay $176K · 11 people listed · 1 of 6 pay-setting controls reported
- Consistency: 28 of 29 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.