Virginia Beach Education Association

Nonprofit profile at a glance

EIN
540884259
IRS 990 coverage
2010–2023
Forms available
Form 990 2023, Form 990-EZ 2021
Location
Virginia Beach, VA, USA
Phone
7574860202
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$187,484
Expenses
$187,078
Assets
$184,519
Liabilities
$6,576

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • KATHLEEN SLINDE (PAST PRESIDENT)
  • HEATHER SIPE (PRESIDENT)
  • ANDREA EISENBERGER (VICE PRESIDENT)

Highest reported compensation

  • KATHLEEN SLINDE (PAST PRESIDENT): $69,221 total reported compensation
  • HEATHER SIPE (PRESIDENT): $15,620 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote excellance among educators, an adocate for teachers in educational and governmental issues, work for overall in advancement in public education

What it reported doing in 2023

Vbea is a professional organization that represents teachers in Virginia beach, va to advocate for education professionals to fulfill. The promosie to provide to prepare every student to succeed in a diverse world, to continue a working partnership with parents, students and teachers to provide quality public edcation and student success.

Operating model

Revenue model
Membership-supported. 94% of the money available for current operations came from membership dues.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 100
  • Accountability: 63
  • Sustainability: 36
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.9%; rating input score 75
  • Program expense ratio: 74.8%; rating input score 75
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0.2%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 0.99; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 45.4%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 0.5% per year; rating input score 100; 35th percentile among comparable filings
  • Revenue growth: -1% per year; rating input score 0; 22nd percentile among comparable filings
  • Asset growth: -4.1% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 74.9% of revenue deployed · 74.8% of spending went to programs
  • Governance: 1266 of 1266 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $140K in reported program spending
  • Leadership: top reported pay $69K · 5 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2010 to 2023
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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 — Accountability: Governance controls: 6 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.