Virginia Guyana Association Inc

Nonprofit profile at a glance

EIN
824031704
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024
Location
Norfolk, VA, USA
Phone
9045352250
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Reported finances

Revenue
$8,411
Expenses
$5,822
Assets
$3,815

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Derek Greaves (President)
  • Paul Mclean (Vice-President)

People named in this filing

  • Derek Greaves (President)
  • Paul Mclean (Vice-President)
  • Lester Gomes (Treasurer)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the Virginia Guyana Association is to promote cultural awareness, access, and exposure to our community by hosting Guyanese activities and events that incorporates our countrys diversity, rich history, and traditions.

What it reported doing in 2024

School Supplies & Drive - Annual back to school supplies giveaway event hosted at different venues usually in the month of August.School drive events as needed where items needed (such as a coats)at different times during the year.

Operating model

Revenue model
Other-operating. 86% of the money available for current operations came from other operating revenue.
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. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 82
  • Sustainability: 55
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.9%; rating input score 49
  • Program expense ratio: 70.7%; rating input score 71

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 30.8%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 0.66; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 15.8% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: -6.9% per year; rating input score 0; 30th percentile among comparable filings
  • Asset growth: -9.7% per year; rating input score 0; 17th percentile among comparable filings

Details

  • Where the money goes: 48.9% of revenue deployed · 70.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $4K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • 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 49/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.