THE VIRGINIA FOUNDATION FOR COMMUNITY COLLEGE EDUCATION INC (EIN 237004354) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

DR KENNETH C ALEXANDER

Phone

8048194962

Tax Period

2024-07-01 to 2025-06-30

THE VIRGINIA FOUNDATION FOR COMMUNITY COLLEGE EDUCATION INC, founded in 1969, is a community nonprofit that reported $5.9M in total revenue in fiscal year 2017. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 36% operating margin.

Mission

TO PROVIDE ACCESS TO EDUCATION & ENSURE SUCCESS FOR ALL STUDENTS, REGARDLESS OF BACKGROUND.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,036,684

Program Service Revenue $0

Investment Income $2,154,200

Other Revenue $0

TOTAL REVENUE $10,190,884

Expense Breakdown

Grants Paid $6,163,892

Salaries & Benefits $914,717

Fundraising Expenses $454,536

Program Expenses $7,028,889

Other Expenses $992,636

TOTAL EXPENSES $8,071,245

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,190,884	$5,247,332	+0.9%
Expenses	$8,071,245	$5,733,792	+0.4%
Net Income	$2,119,639	$-486,460	-5.4%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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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
GAYE MONTGOMERY	DIRECTOR	1.00	Director	$0	$0	$0
ANNA JAMES	DIRECTOR	1.00	Director	$0	$0	$0
CAROLINE PETTERS SAUER	DIRECTOR	1.00	Director	$0	$0	$0
CEDRIC GREEN	SECRETARY	1.50	Officer Director	$0	$0	$0
CHRIS FRENCH	DIRECTOR	1.00	Director	$0	$0	$0
DAVID DORE	DIRECTOR	1.00	Director	$0	$0	$0
DARREN CONNER	CHAIR	1.50	Officer Director	$0	$0	$0
FRED THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM HAZEL JR	VICE CHAIR AND TREASURER	1.50	Officer Director	$0	$0	$0
ED DALRYMPLE	DIRECTOR	1.00	Director	$0	$0	$0
SALLY CALDWELL	DIRECTOR	1.00	Director	$0	$0	$0
AMY HENECKE	DIRECTOR	1.00	Director	$0	$0	$0
JENNIE REYNOLDS	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER SAGER GENTRY	DIRECTOR; EXECUTIVE DIRECT	35.00	Officer Director	$0	$0	$0
JOHN J RAINONE	DIRECTOR	1.00	Director	$0	$0	$0
JULIA GILLIAM STERLING	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN BALLARD	DIRECTOR	1.00	Director	$0	$0	$0
LEAH FRIED SEDWICK	DIRECTOR	1.00	Director	$0	$0	$0
MARY MORRIS	DIRECTOR	1.00	Director	$0	$0	$0
MAURICE JONES	DIRECTOR	1.00	Director	$0	$0	$0
PHILIP H GOODPASTURE GENERAL COUNSE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL O'KANE	DIRECTOR	1.00	Director	$0	$0	$0
XAVIER BEALE	DIRECTOR	1.00	Director	$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
2025	$10,190,884	$8,071,245	$17,083,226	$2,119,639
2024	$5,247,332	$5,733,792	$17,135,891	$-486,460
2023	$5,006,881	$4,811,518	$15,491,078	$195,363
2022	$5,888,244	$3,788,599	$14,266,260	$2,099,645
2021	$3,150,403	$3,960,877	$14,301,473	$-810,474
2020	$3,326,675	$4,514,848	$14,207,630	$-1,188,173
2019	$4,487,197	$3,330,669	$15,434,511	$1,156,528
2018	$5,853,534	$3,745,456	$14,933,736	$2,108,078

THE VIRGINIA FOUNDATION FOR COMMUNITY COLLEGE EDUCATION INC