VIRGINIA ASSOCIATION OF CHIEFS OF POLICE AND FOUNDATION INC

EIN: 311502529 501(c)(3) Education

GLEN ALLEN, VA

Total Revenue
$1,802,698
Total Expenses
$1,686,169
Total Assets
$1,154,913
Net Assets
$430,047
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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
VA
Principal Officer
DANA SCHRAD
Phone
8042858227
Tax Period
2023-07-01 to 2024-06-30

VIRGINIA ASSOCIATION OF CHIEFS OF POLICE AND FOUNDATION INC, founded in 1997, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2017. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

The purpose of the Virginia Association of Chiefs of Police and Foundation, Inc. shall be to promote the professional development of all executive and management personnel within duly constituted law enforcement agencies in the Commonwealth of Virginia; to encourage close cooperation of all law enforcement agencies in the prevention of crime, detection of crime and the apprehension of those responsible for the commission of crimes; to promote the highest standards of the police profession through selection and training of law enforcement officers and generally pledge and strive for the highest degree of respect for law and order throughout the Commonwealth of Virginia. We provide scholarships to law enforcement officers to attend leadership education and training programs, and encourage cooperation of all law enforcement agencies in the prevention and detection of crime.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $932,829
Program Service Revenue $851,892
Investment Income $0
Other Revenue $17,977
TOTAL REVENUE $1,802,698

Expense Breakdown

Grants Paid $4,647
Salaries & Benefits $472,492
Fundraising Expenses $23,625
Program Expenses $1,397,938
Other Expenses $1,209,030
TOTAL EXPENSES $1,686,169

Year-over-Year Comparison

2023 2022 Change
Revenue $1,802,698 $2,184,799 -0.2%
Expenses $1,686,169 $2,120,369 -0.2%
Net Income $116,529 $64,430 +0.8%
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
10
Independent Members
10
Employees
6
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY KATZ IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
CRAIG BRANCH PRESIDENT 1.00
Officer Director
$0 $0 $0
SCOTT BOOTH FIRST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN CLAIR SECOND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
TRAVIS CHRISTIAN THIRD VICE PRESIDENT 1.00
Director
$0 $0 $0
ANGELA MCKENZIE GREENE BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFREY DODSON BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES A PENN BOARD MEMBER 1.00
Director
$0 $0 $0
ERIN SCHAIBLE BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN KEATTS BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL KOCHIS BOARD MEMBER 1.00
Director
$0 $0 $0
DANA SCHRAD EXECUTIVE DIRECTOR 40.00
Highest
$155,621 $15,562 $171,183
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 No data No data No data No data
2024 $1,802,698 $1,686,169 $1,154,913 $116,529
2023 $2,184,799 $2,120,369 $1,105,589 $64,430
2022 $1,865,422 $1,874,709 $722,838 $-9,287
2021 $1,454,940 $1,388,364 $760,537 $66,576
2020 $1,390,812 $1,372,916 $715,720 $17,896
2019 $923,825 $1,015,365 $310,486 $-91,540
2018 $1,018,686 $1,000,978 $359,841 $17,708
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