VIRGINIA GENTLEMEN FOUNDATION INC

EIN: 261698094 501(c)(3) Diseases & Disorders

VIRGINIA BEACH, VA

Total Revenue
$350,901
Total Expenses
$538,613
Total Assets
$8,195,945
Net Assets
$8,195,945
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2008
Principal Officer
SCOTT TAYLOR
Phone
7573681944
Tax Period
2024-07-01 to 2025-06-30

VIRGINIA GENTLEMEN FOUNDATION INC, founded in 2008, is a community nonprofit in the Diseases & Disorders sector that reported $1.2M in total revenue in fiscal year 2017. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $915K, a strong 75% operating margin.

Mission

TO SERVE OUR FELLOW MAN WITH RESPECT, HONOR AND GOODWILL AND TO UPHOLD THE VALUES OF A GENTLEMAN AND SELECT MEN WITH VISION AND DRIVE THAT WILL BE DEDICATED TO ENHANCING THE LIVES OF OTHERS THROUGHOUT OUR COMMUNITY

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $331,506
Program Service Revenue $0
Investment Income $9
Other Revenue $19,386
TOTAL REVENUE $350,901

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,035
Fundraising Expenses $1,176
Program Expenses $524,607
Other Expenses $527,578
TOTAL EXPENSES $538,613

Year-over-Year Comparison

2024 2023 Change
Revenue $350,901 $126,659 +1.8%
Expenses $538,613 $397,681 +0.4%
Net Income $-187,712 $-271,022 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
17
Employees
1
Volunteers
N/A

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
5
$10,250
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELISSA GRIFFIN EXECUTIVE DI 20.00
Officer
$10,250 $0 $10,250
JUSTIN BALLARD BOARD MEMBER 1.00
Director
$0 $0 $0
JUSTIN BEALE BOARD MEMBER 1.00
Director
$0 $0 $0
JOSH CANADA BOARD MEMBER 1.00
Director
$0 $0 $0
ALLEN FABIJAN BOARD MEMBER 1.00
Director
$0 $0 $0
NATE FINE BOARD MEMBER 1.00
Director
$0 $0 $0
RICKY FRANTZ BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL HOFFLER BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES NOEL III VICE CHAIRMA 1.00
Officer Director
$0 $0 $0
ALEX MITCHUM SECRETARY 1.00
Officer Director
$0 $0 $0
MARK REICHLEY BOARD MEMBER 1.00
Director
$0 $0 $0
WILL RUSSELL TREASURER 1.00
Officer Director
$0 $0 $0
MATT STEIN BOARD MEMBER 1.00
Director
$0 $0 $0
LOGAN TAPLETT BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT TAYLOR CHAIRMAN 1.00
Officer Director
$0 $0 $0
CLAY TOURAULT BOARD MEMBER 1.00
Director
$0 $0 $0
ROSS VIERRA BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW YANCEY BOARD MEMBER 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 $350,901 $538,613 $8,195,945 $-187,712
2024 $126,659 $397,681 $8,383,657 $-271,022
2022 $203,624 $532,557 $8,997,253 $-328,933
2021 $926,664 $639,061 $9,341,896 $287,603
2020 $962,648 $487,745 $10,316,445 $474,903
2020 $754,375 $773,892 $9,657,043 $-19,517
2019 $1,354,843 $773,256 $10,736,304 $581,587
2018 $1,220,242 $305,271 $11,366,368 $914,971
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