NATIONAL FEDERATION OF THE BLIND OF VIRGINIA INC

EIN: 237176308 501(c)(3)

Arlington, VA

Total Revenue
$268,018
Total Expenses
$277,652
Total Assets
$269,770
Net Assets
$269,770
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
VA
Principal Officer
Tracy Soforenko
Phone
2022854595
Tax Period
2024-01-01 to 2024-12-31

NATIONAL FEDERATION OF THE BLIND OF VIRGINIA INC, founded in 1974, is a small nonprofit that reported $332K in total revenue in fiscal year 2022. Revenue surged 87% from the prior year, signaling strong growth momentum. Expenses of $310K left a modest 7% surplus.

Mission

The NFB of Virginia is an organization made up of blind and sighted people working to improve the lives of blind Virginians by providing assistance and services to parents, blind workers, and consumers of rehabilitation services.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $265,593
Program Service Revenue $0
Investment Income $1,700
Other Revenue $725
TOTAL REVENUE $268,018

Expense Breakdown

Grants Paid $46,165
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $276,777
Other Expenses $231,487
TOTAL EXPENSES $277,652

Year-over-Year Comparison

2024 2023 Change
Revenue $268,018 $272,934 0.0%
Expenses $277,652 $290,531 0.0%
Net Income $-9,634 $-17,597 -0.5%
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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Governance

Voting Members
23
Independent Members
23
Employees
N/A
Volunteers
100

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
6
$67,300
Total Directors
22
$68,050
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joe Orozco First Vice President 2
Officer Director
$48,000 $0 $48,000
Sandy Halverson Recording Secretary 2
Officer Director
$18,000 $0 $18,000
Jackie Bruce Corresponding Secretary 2
Officer Director
$1,300 $0 $1,300
John Halverson Board Member 2
Director
$750 $0 $750
Tracy Soforenko President 10
Officer Director
$0 $0 $0
Uricka Harrison Second Vice President 2
Officer Director
$0 $0 $0
Mark Roane Treasurer 10
Officer Director
$0 $0 $0
Patrick Johnson Board Member 2
Director
$0 $0 $0
Mary Mathena Board Member 2
Director
$0 $0 $0
Althea Pittman Board Member 2
Director
$0 $0 $0
Christine Grassman Board Member 2
Director
$0 $0 $0
Evelyn Valdez Board Member 2
Director
$0 $0 $0
Michael Lengyel Board Member 2
Director
$0 $0 $0
Chimere Roberts Board Member 2
Director
$0 $0 $0
Tim Schmidt-Eisenlohr Board Member 2
Director
$0 $0 $0
Lois Fritz Board Member 2
Director
$0 $0 $0
Mark Ross Board Member 2
Director
$0 $0 $0
Jeannette Gholson Board Member 2
Director
$0 $0 $0
Patricia Droppers Board Member 2
Director
$0 $0 $0
Angie Gruesing Board Member 2
Director
$0 $0 $0
Jennifer Blinsman Board Member 2
Director
$0 $0 $0
Wayne Williams Board Member 2
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
2024 $268,018 $277,652 $269,770 $-9,634
2023 $272,934 $290,531 $260,414 $-17,597
2022 $332,328 $309,547 $268,416 $22,781
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