VIRGINIA SHRM STATE COUNCIL

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

VIRGINIA SHRM STATE COUNCIL, founded in 2002, is a small nonprofit in the Community Improvement sector that reported $876K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $809K left a modest 8% surplus.

Mission

VIRGINIA SHRM IS AN ESSENTIAL AND EFFECTIVE PARTNER IN UNITING AND SUPPORTING THE HUMAN RESOURCES COMMUNITY IN VIRGINIA AND THE DISTRICT OF COLUMBIA.

Program Service Accomplishments

Program 1

Expenses: $779,290 Revenue: $827,801

THE ORGANIZATION SPONSORED A VIRTUAL AND ON-DEMAND HR CONFERENCE.

Program 2

THE ORGANIZATION MAINTAINS ITS WEBSITE AS AN ONGOING AND VALUABLE TOOL TO THE HR COMMUNITY TO INVOFMR MEMBERS AND NONMEMBERS OF EVENTS AND SERVICES AVAILABLE TO THEM FROM THE STATE AND NATIONAL...

THE ORGANIZATION MAINTAINS ITS WEBSITE AS AN ONGOING AND VALUABLE TOOL TO THE HR COMMUNITY TO INVOFMR MEMBERS AND NONMEMBERS OF EVENTS AND SERVICES AVAILABLE TO THEM FROM THE STATE AND NATIONAL LEVELS. ITS FOCUS AREAS INCLUDE, BUT ARE NOT LIMITED TO, BEST PRACTICES, CERTIFICATION, COMMUNICATIONS, DIVERSITY, SPECIAL PROJECTS AND TECHNOLOGY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $21,785

Program Service Revenue $827,801

Investment Income $26,534

Other Revenue $0

TOTAL REVENUE $876,120

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $779,290

Other Expenses $807,089

TOTAL EXPENSES $808,589

Year-over-Year Comparison

	2024	2023	Change
Revenue	$876,120	$620,532	+0.4%
Expenses	$808,589	$489,304	+0.7%
Net Income	$67,531	$131,228	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHERI BENDER	CHAPTER PRESIDENT	0.00	Director	$0	$0	$0
SARAH MCCOMB	CHAPTER PRESIDENT	0.00	Director	$0	$0	$0
CHRISTINA HANSEN	CHAPTER PRESIDENT	0.00	Director	$0	$0	$0
VONZELL MATTOCKS	CHAPTER PRESIDENT	0.00	Director	$0	$0	$0
STANISLAV BERLIZOV	CHAPTER PRESIDENT	0.00	Director	$0	$0	$0
ANASTASIA MIZITOVA	CHAPTER PRESIDENT	0.00	Director	$0	$0	$0
CHRISTINA SMITH	CHAPTER PRESIDENT	0.00	Director	$0	$0	$0
JAMIE RYERS	CHAPTER PRESIDENT	0.00	Director	$0	$0	$0
ASHLEY MCGLAWN	DISTRICT DIRECTOR	0.00	Director	$0	$0	$0
CINDY MURPHY	DISTRICT DIRECTOR	0.00	Director	$0	$0	$0
STEPHANIE PERRY	DISTRICT DIRECTOR	0.00	Director	$0	$0	$0
NATALIE SIGMON	DISTRICT DIRECTOR	0.00	Director	$0	$0	$0
JENNY HIPPLE	FUNCTIONAL DIRECTOR	0.00	Director	$0	$0	$0
KARIN VOELLMER-BRUMBAUGH	FUNCTIONAL DIRECTOR	0.00	Director	$0	$0	$0
RITTER JONAS	FUNCTIONAL DIRECTOR	0.00	Director	$0	$0	$0
KARIS RICHARDSON	FUNCTIONAL DIRECTOR	0.00	Director	$0	$0	$0
KRISTINA VAQUERA	FUNCTIONAL DIRECTOR	0.00	Director	$0	$0	$0
CAITLIN KING	FUNCTIONAL DIRECTOR	0.00	Director	$0	$0	$0
MEG RIAT	STATE DIRECTOR	10.00	Officer	$0	$0	$0
SUSAN GROSSMAN	STATE DIRECTOR ELECT	5.00	Officer	$0	$0	$0
SHARON BURLESON	SECRETARY	5.00	Officer	$0	$0	$0
BRANDA MADDEN	TREASURER	5.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$876,120	$808,589	$598,931	$67,531
2023	$620,532	$489,304	$528,140	$131,228
2022	$540,249	$578,535	$432,593	$-38,286
2021	$335,187	$154,587	$559,514	$180,600
2019	$337,747	$479,755	$654,508	$-142,008
2018	$428,354	$396,905	$535,898	$31,449