Virginia Society of Certified Public Accountants
Nonprofit profile at a glance
- EIN
- 546053666
- IRS 990 coverage
- 2009–2025
- Forms available
- Form 990 2025
- Location
- Glen Allen, VA, USA
- Phone
- 8042705344
- Rating confidence
- Limited
Reported finances
- Revenue
- $6,550,046
- Expenses
- $6,032,130
- Assets
- $8,896,558
- Liabilities
- $2,432,830
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- STEPHANIE R PETERS (PRESIDENT & CEO)
- BETH JACOBSON CPA (VICE PRESIDENT, FINANCE)
- EMILY WALKER (VICE PRESIDENT, ADVOCACY)
Highest reported compensation
- STEPHANIE R PETERS (PRESIDENT & CEO): $450,149 total reported compensation
- MAUREEN DINGUS (CHIEF OPERATING OFFICER): $264,679 total reported compensation
- TINA BATES (SENIOR VP, STRATEGY & INNOVATION): $190,794 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 vscpa's mission is to empower the cpa profession to thrive. The mission supports our vision for the cpa profession to be champions of change, drivers of innovation, trusted visionary leaders, and relationship builders. The vscpa unites cpas and other accounting and finance professionals in Virginia, promotes high professional standards of practice, assists in the maintenance of standards for entry to the profession, protects and advocates for the interests of cpas, develops and improves accounting education, and offers continuing professional education.
What it reported doing in 2025
Public and community outreach: the vscpa provides outreach to the public to promote a positive image of the cpa profession in Virginia and encourage financial responsibility among Virginia's citizens. The vscpa also aims to attract students to careers in accounting via a student membership program, speaking engagements to high school audiences, and by offering programs for Virginia college accounting students and educators. The vscpa utilizes social media year-round to highlight the value cpas bring to Virginia, its citizens and businesses as well as highlight member community service projects.
Operating model
- Revenue model
- Other-operating. 97% of the money available for current operations came from other operating 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: 82
- Accountability: 92
- Sustainability: 42
- Growth: 60
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: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- 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: 94.1%; rating input score 94; 25th 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: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 7.9%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 1.47; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.27; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 20.7%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1.7% per year; rating input score 100; 15th percentile among comparable filings
- Asset growth: 6.5% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 16 of 17 board members independent · 8 of 9 filing controls reported
- Programs: 5 filed program accomplishments
- Leadership: top reported pay $450K · 21 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $147K reported
- Consistency: 10 of 10 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 17 filing years from 2009 to 2025
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- Review — Sustainability: Operating margin scored 50/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.