Virginia Beach Student Leadership Foundation

Nonprofit profile at a glance

EIN
850840202
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025, Form 990-N 2021
Location
Virginia Beach, VA, USA
Phone
7574811252
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$156,893
Expenses
$69,459
Assets
$417,270

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • MARYANN LAFLER (PRESIDENT)

People named in this filing

  • MARYANN LAFLER (PRESIDENT)
  • DIANE ANDERSON (VICE PRESIDE)
  • NANCY FOWLKES (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promote and support student leadership workshops and leadership training programs as well as provide scholarships, grants and other awards to select student leaders.

What it reported doing in 2025

The Virginia beach student leadership foundation was established with the pledging of funds from over 40 founders circle members. A fund-raising committee has been set up to solicit donations from individuals who may have benefitted from Virginia beach leadership workshops in the past as well as from charitable organizations. A scholarship committee was established to provide annual scholarships to select Virginia beach high school seniors who have participated in the workshop programs in the past. The foundation has communicated its intent to provide subsidies or grants to Virginia beach high and middle schools to help fund leadership workshops at these schools reaching over a thousand students per year.

Operating model

Revenue model
Donor-supported. 90% 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

STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 100
  • Sustainability: 80
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.3%; rating input score 48
  • Program expense ratio: 100%; rating input score 100

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: 55.7%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 6.01; rating input score 97; 97th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 34.7% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 9.6% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 27.8% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 48.3% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $69K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2022 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 48/100.