Virginia Science Olympiad Inc
Nonprofit profile at a glance
- EIN
- 263207699
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2016
- Location
- Fairfax, VA, USA
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $123,107
- Expenses
- $93,296
- Assets
- $121,034
- Liabilities
- $3,910
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- Karen Emmons (Chair)
- Emily Owens (State Director)
- Andrew Skinner (Vice-Chair)
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
To engage elementary, middle, and high school students in STEM activities through team-based competitive science tournaments.
What it reported doing in 2024
Science Tournaments - 1418 elementary students (66% increase); 2576 middle & high school students (17% increase); grantees include newly participating and underprivileged schools
Operating model
- Revenue model
- Earned-program. 67% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 67% for direct work, and 33% for grants.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Reported officer compensation is a large share of total spending, which may reflect staffing concentration and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 100
- Sustainability: 63
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.4%; rating input score 71
- Program expense ratio: 94.1%; rating input score 94
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: 24.2%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 1.3; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 11.8%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 33.7% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 16.1% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 6.7% per year; rating input score 100; 51st percentile among comparable filings
Details
- Where the money goes: 71.4% of revenue deployed · 94.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $88K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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: Officer compensation ratio scored 20/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.