Virginia State Literacy Association Inc

EIN: 237022502 501(c)(3) Education

Glen Allen, VA

Total Revenue
$424,862
Total Expenses
$360,759
Total Assets
$586,483
Net Assets
$569,837
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
VA
Principal Officer
Tamara Williams
Phone
8042831768
Tax Period
2024-08-01 to 2025-07-31

Virginia State Literacy Association Inc, founded in 1976, is a small nonprofit in the Education sector that reported $425K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $64K, a strong 15% operating margin.

Mission

the organizations purpose is to serve as a leading authority on literacy education in Virginia. VSRA works through its educational programs to advance literacy through all available channels.

Program Service Accomplishments

Program 1
Expenses: $255,980 Revenue: $284,665

Annual State Conference-featuring nationally known speakers, workshops, and exhibits, offering educational opportunities. The annual conference in Roanoke VA was attended by over 1,000 persons.

Program 2
Expenses: $34,710 Revenue: $1,450

Programs promoting literacy and reading education for the approximately 1,200 members, including publication of an annual reading journal and periodic newsletters providing information on reading...

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Programs promoting literacy and reading education for the approximately 1,200 members, including publication of an annual reading journal and periodic newsletters providing information on reading education, scholarships and teacher grants. The organization also conducts education programs for professionals and students through their 17 local chapters in Virginia.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $135,947
Program Service Revenue $287,115
Investment Income $1,642
Other Revenue $158
TOTAL REVENUE $424,862

Expense Breakdown

Grants Paid $14,090
Salaries & Benefits $0
Fundraising Expenses $8,274
Program Expenses $290,690
Other Expenses $346,669
TOTAL EXPENSES $360,759

Year-over-Year Comparison

2024 2023 Change
Revenue $424,862 $457,422 -0.1%
Expenses $360,759 $351,463 +0.0%
Net Income $64,103 $105,959 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
1100

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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Angela Kraje President 8.00
Officer Director
$0 $0 $0
Julie Gray President Elect 3.00
Director
$0 $0 $0
Emma Washington Vice President 2.00
Officer Director
$0 $0 $0
Tamara Williams Treasurer 5.00
Officer Director
$0 $0 $0
Chynita Turner-Pryor Secretary 2.00
Officer Director
$0 $0 $0
Virginia Massaro Past President 1.00
Director
$0 $0 $0
Tammy Gordon Director 2.00
Director
$0 $0 $0
Charles Richards Director 1.00
Director
$0 $0 $0
Laura Labyak Director 1.00
Director
$0 $0 $0
Stephanie Fidler Director 2.00
Director
$0 $0 $0
Rachel Simmers Director 1.00
Director
$0 $0 $0
Jessica Talada Director 1.00
Director
$0 $0 $0
Andrea Crawford Director 2.00
Director
$0 $0 $0
Barbara Wheatley Director 1.00
Director
$0 $0 $0
Renee Russell 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 $424,862 $360,759 $586,483 $64,103
2024 $457,422 $351,463 $533,432 $105,959
2023 $378,971 $319,001 $418,744 $59,970
2022 $301,362 $338,764 $378,764 $-37,402
2021 $173,083 $222,672 $398,622 $-49,589
2020 $173,079 $261,189 $462,857 $-88,110
2019 $547,275 $607,121 $536,451 $-59,846
2018 $587,870 $522,311 $596,933 $65,559
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