Virginia Beer Wholesalers Association
Nonprofit profile at a glance
- EIN
- 540628431
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Richmond, VA, USA
- Phone
- 8047832655
- Rating confidence
- Limited
Reported finances
- Revenue
- $1,433,556
- Expenses
- $1,550,251
- Assets
- $2,531,498
- Liabilities
- $440,558
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- PHILIP BOYKIN (PRESIDENT/CEO (EX-OFFICIO))
Highest reported compensation
- PHILIP BOYKIN (PRESIDENT/CEO (EX-OFFICIO)): $375,052 total reported compensation
- MICHAEL MULLIN (IN HOUSE COUNSEL): $183,738 total reported compensation
- KELLI GAUDREAU (DIR. OF OPS. (SEC./EX-OFFICIO)): $141,010 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the Virginia beer wholesalers association is to preserve the three tier system, to champion state-based alcohol regulation, to advocate before the government, to educate the public, and to develop and support beverage alcohol policies that enhance consumer choice while providing a safe and well-regulated marketplace in Virginia.
What it reported doing in 2025
Fostered cooperation with the commonwealth of Virginia alcoholic beverage control board and other licensee groups in promoting compliance with rules, regulations, and laws. Supported the commonwealth of Virginia alcoholic control board and other licensee groups regarding specific regulatory and legislative mandates.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 93
- Accountability: 95
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- 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; 64th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -8.1%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 1.63; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 45.1%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: 3.2% per year; rating input score 100; 28th percentile among comparable filings
- Revenue growth: 4.1% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 4.5% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 5 of 5 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $375K · 8 people listed · 6 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $268K reported
- Consistency: 11 of 11 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 13 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 15/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.