Virginia Home for Boys and Girls

Nonprofit profile at a glance

EIN
540506330
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Henrico, VA, USA
Phone
8042706566
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Group Homes

Official website

Reported finances

Revenue
$7,689,431
Expenses
$7,706,196
Assets
$11,136,481
Liabilities
$487,911

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

Leadership & pay

23 people listed

Executive titles in this filing

  • CLAIBORNE WARNER (PRESIDENT/CEO)

Highest reported compensation

  • CLAIBORNE WARNER (PRESIDENT/CEO): $231,707 total reported compensation
  • LIONEL BACON (VP/PHILANTHROPY): $151,711 total reported compensation
  • CORY RICHARDSON-LAUVE (VP/PROGRAMS): $142,776 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Virginia home for boys and girls (vhbg) is a nonprofit organization that has been serving young people in crisis since 1846. Vhbg's mission is to create safe, stable, and inclusive spaces where young people can feel connected to build meaningful relationships, empowered to develop vital skills, and equipped to navigate life and experience personal success. With a commitment to excellence, vhbg offers three core program areas to youth with emotional and behavioral health concerns, including transitional living services (group care services and independent living programs), specialized education, and therapeutic resources. The trauma-informed care vhbg's programs provide restores hope to youth and their families, who then find the courage to thrive.

What it reported doing in 2024

Independent living (il)vhbg's independent living (il) program is for young people ages 17-25 who are eager to learn how to live independently but are facing housing instability and skills deficits due to difficult life circumstances. Knowing that relationships are the first step to overcoming the effects of trauma, vhbg assigns each young person in the program to an il caseworker, who helps guide young people on their path to independence through effective relationship-building, shadowing, coaching, counseling, skills-building, and service planning. Vhbg's il meets the needs of young adults through two distinct services. Vhbg's independent living arrangement (ila) is a program licensed by vdss for young people, ages 17-21, who are transitioning out of the traditional foster care system. Young people enrolled in ila are eligible for funding and services through their locality and through fostering futures. The enrolled young person may be single, or they may be pregnant and/or have their young child(ren) residing with them in the program. Vhbg also provides independent living for young people ages 18-25 who are not currently connected to vdss but are facing homelessness due to a variety of challenges and need outreach support, access to resources, short-term temporary housing, and longer-term transitional housing. Vhbg also has an affinity group on campus called pride place for young adults who identify as lgbtq+. Vhbg is able to designate housing exclusively for lgbtq+ young adults as needed and if available.

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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 74
  • Accountability: 100
  • Sustainability: 42
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.3%; rating input score 84
  • Program expense ratio: 84%; rating input score 84
  • Fundraising efficiency: $5.12 raised per $1 spent on fundraising; rating input score 18; 18th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • 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: 9 of 9 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: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.2%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 1.45; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 10.1%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: 0.7% per year; rating input score 100; 16th percentile among comparable filings
  • Revenue growth: 2.7% per year; rating input score 100; 25th percentile among comparable filings
  • Asset growth: -9.5% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 84.3% of revenue deployed · 84% of spending went to programs
  • Governance: 18 of 18 board members independent · 9 of 9 filing controls reported
  • Programs: 5 filed program accomplishments · $6.5M in reported program spending
  • Leadership: top reported pay $232K · 23 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 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 — Financial Efficiency: Fundraising efficiency scored 18/100.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.