VIRGINIA BEACH, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CHESAPEAKE BAY ACADEMY EDUCATIONAL FOUNDATION, founded in 2009, is a small nonprofit in the Education sector that reported $571K in total revenue in fiscal year 2018. Revenue decreased 15% compared to the prior year. Expenses of $683K exceeded revenue, resulting in a 20% operating deficit.
THE VIRGINIA FOUNDATION FOR LD STUDENTS WAS ESTABLISHED TO SERVE STUDENTS WITH FINANCIAL NEED WHOSE LIVES WOULD BE TRANSFORMED BY AN INDIVIDUALIZED EDUCATION. STUDENTS SUPPORTED BY THIS FOUNDATION COME FROM A WIDE RANGE OF SOCIOECONOMIC BACKGROUNDS; OVER 20% OF FAMILIES CURRENTLY RECEIVING TUITION ASSISTANCE LIVE AT OR BELOW THE FEDERAL POVERTY LEVEL. SUPPORTERS OF THIS EDUCATIONAL FOUNDATION SECURE OUR ABILITY TO OFFER STUDENTS CRITICAL SCHOLARSHIP FUNDS, WHILE AT THE SAME TIME REALIZING SIGNIFICANT TAX SAVINGS FOR DONORS. THE IMPACT OF YOUR GIFT TO VFLDS IS TRULY LIFE CHANGING.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $697,291 | $424,134 | +0.6% |
| Expenses | $362,295 | $854,439 | -0.6% |
| Net Income | $334,996 | $-430,305 | -1.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOANNE L WEBSTER | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MATT BENEDETTI | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOSH MYERS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DARLENE PIERRO | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVIS RENNOLDS | TRUSTEE | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $697,291 | $362,295 | $430,433 | $334,996 |
| 2024 | $424,134 | $854,439 | $246,672 | $-430,305 |
| 2023 | $1,034,595 | $819,739 | $525,706 | $214,856 |
| 2022 | $472,208 | $724,549 | $310,850 | $-252,341 |
| 2021 | $761,555 | $651,656 | $564,917 | $109,899 |
| 2019 | $571,239 | $683,337 | $790,325 | $-112,098 |
Compare VIRGINIA FOUNDATION FOR LD STUDENTS with other nonprofits in Virginia and across the country.