Virginia Learns

Nonprofit profile at a glance

EIN
853978793
IRS 990 coverage
2020–2024
Forms available
Form 990 2024, Form 990-EZ 2021
Location
Glen Allen, VA, USA
Phone
8043639262
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alliance/Advocacy

Official website

Reported finances

Revenue
$584,513
Expenses
$507,976
Assets
$169,077
Liabilities
$30,750

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

Leadership & pay

17 people listed

Executive titles in this filing

  • ROBERT NOMBERG (PRESIDENT AN)

Highest reported compensation

  • ROBERT NOMBERG (PRESIDENT AN): $199,711 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 learns brings together business and education leaders with the shared goal of creating a more innovative, relevant and equitable public education system in Virginia.

What it reported doing in 2024

Commonwealth learning partnership and valin Virginia learns supported the commonwealth learning partnership's Virginia leads innovation network (valin) 4.0, supporting over 125 educators across more than two dozen school divisions in Virginia. This initiative aimed to prepare educators interested in pursuing future leadership roles, including positions such as superintendent. Accelerate Virginia high impact tutoring following our successful pilot program with cumberland county public schools, we extended tutoring services over the summer, utilizing the Virginia department of education's k-12 learning acceleration grants. These grants enabled us to support 29 students from across Virginia with the help of 12 tutors. In total, 216 sessions were conducted, amounting to 185 hours of instruction in both english and math, covering all grade levels. Additionally, we launched a new initiative at fairfield middle school in henrico county, where five tutors supported 90 6th-grade math students. Durable skills capital one offered pro bono assistance to produce our inaugural durable skills video, featuring greenwood elementary school in henrico county. The video includes interviews with greenwood educators and students and insights from business and education leaders. Virginia learns co-hosted a symposium with america succeeds, bringing together business and education leaders across Virginia to discuss durable skills. This group collaborated to develop a rubric outlining the essential durable skills needed in the workforce, such as critical thinking, communication, collaboration, and leadership.

Operating model

Revenue model
Donor-supported. 64% of the money available for current operations came from contributions and gifts.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 70
  • Accountability: 90
  • Sustainability: 41
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.5%; rating input score 84
  • Program expense ratio: 96.1%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • 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: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 13.1%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 0.33; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 39.3%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: 37% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 28.2% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: -15.6% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 83.5% of revenue deployed · 96.1% of spending went to programs
  • Governance: 17 of 17 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $488K in reported program spending
  • Leadership: top reported pay $200K · 17 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules · includes major donors and executive pay
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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 — Sustainability: Total-asset coverage ratio scored 16/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.