VIRGINIA WAR MEMORIAL FOUNDATION INC

EIN: 311647903 501(c)(3) Arts, Culture & Humanities

RICHMOND, VA

Total Revenue
$1,533,256
Total Expenses
$1,756,257
Total Assets
$10,828,210
Net Assets
$10,770,865
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
VA
Principal Officer
BILL DAVIS
Phone
8047862060
Tax Period
2024-01-01 to 2024-12-31

VIRGINIA WAR MEMORIAL FOUNDATION INC, founded in 1999, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.6M in total revenue in fiscal year 2018. Revenue surged 539% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.4M, a strong 61% operating margin.

Mission

TO PROMOTE AND RAISE FUNDS FOR THE VIRGINIA WAR MEMORIAL, A STATE AGENCY OF VIRGINIA, WHICH WAS CREATED FOR THE PURPOSE OF HONORING PATRIOTIC VIRGINIANS WHO RENDERED FAITHFUL SERVICE AND SACRIFICE IN THE CAUSE OF FREEDOM AND LIBERTY FOR THE COMMONWEALTH AND THE NATION IN TIME OF WAR.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $839,755
Program Service Revenue $996
Investment Income $653,019
Other Revenue $39,486
TOTAL REVENUE $1,533,256

Expense Breakdown

Grants Paid $0
Salaries & Benefits $543,511
Fundraising Expenses $97,239
Program Expenses $1,334,530
Other Expenses $1,212,746
TOTAL EXPENSES $1,756,257

Year-over-Year Comparison

2024 2023 Change
Revenue $1,533,256 $1,410,146 +0.1%
Expenses $1,756,257 $1,089,734 +0.6%
Net Income $-223,001 $320,412 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
26
Independent Members
26
Employees
8
Volunteers
37

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
7
$254,388
Total Directors
32
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAMELA R SEAY PRESIDENT 40.00
Officer
$146,918 $0 $146,918
MARY-MICHAEL WACHUR DIR. OF COMM 40.00
Officer
$107,470 $0 $107,470
RICHARD ST JOHN JR CHAIR 5.00
Officer Director
$0 $0 $0
KATHLEEN P OWENS IMMEDIATE PA 5.00
Officer Director
$0 $0 $0
MICHAEL L SANTORO JR 1ST VICE CHA 5.00
Officer Director
$0 $0 $0
JOSEPH C BARTO III SECRETARY 5.00
Officer Director
$0 $0 $0
BILL DAVIS TREASURER 5.00
Officer Director
$0 $0 $0
ROBERT A ARCHER DIRECTOR 1.00
Director
$0 $0 $0
LACYN BARTON DIRECTOR 1.00
Director
$0 $0 $0
JUDY BROWN DIRECTOR 1.00
Director
$0 $0 $0
DAVID A CHRISTIAN DIRECTOR 1.00
Director
$0 $0 $0
JOHN COGBILL III DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN DICKINSON DIRECTOR 1.00
Director
$0 $0 $0
ROBERT M DYESS JR DIRECTOR 1.00
Director
$0 $0 $0
ROBERT B FLOWERS DIRECTOR 1.00
Director
$0 $0 $0
JAMIE GALANTI DIRECTOR 1.00
Director
$0 $0 $0
THOMAS A GIBSON DIRECTOR 1.00
Director
$0 $0 $0
REBECCA KAISER DIRECTOR 1.00
Director
$0 $0 $0
ALISON M KAUFMANN DIRECTOR 1.00
Director
$0 $0 $0
SHARI E LITOW DIRECTOR 1.00
Director
$0 $0 $0
JOHN A LUKE JR DIRECTOR 1.00
Director
$0 $0 $0
CHARLES B MARTIN JR DIRECTOR 1.00
Director
$0 $0 $0
CHARLES MCCONNELL DIRECTOR 1.00
Director
$0 $0 $0
JOHN M O'BANNON DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL M RAND DIRECTOR 1.00
Director
$0 $0 $0
FRANK F RENNIE IV DIRECTOR 1.00
Director
$0 $0 $0
LINDA V SCHREINER DIRECTOR 1.00
Director
$0 $0 $0
RONALD O WHITE DIRECTOR 1.00
Director
$0 $0 $0
CHARLES F BRYAN JR DIRECTOR EME 1.00
Director
$0 $0 $0
PAUL E GALANTI DIRECTOR EME 1.00
Director
$0 $0 $0
LH GINN DIRECTOR EME 1.00
Director
$0 $0 $0
JOHN G HEKMAN DIRECTOR EME 1.00
Director
$0 $0 $0
WILLIAM J HOWELL DIRECTOR EME 1.00
Director
$0 $0 $0
ALEXANDER B MCMURTRIE JR DIRECTOR EME 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
2024 $1,533,256 $1,756,257 $10,828,210 $-223,001
2023 $1,410,146 $1,089,734 $10,518,889 $320,412
2022 $1,660,241 $803,436 $9,323,212 $856,805
2021 $4,216,825 $743,036 $10,143,435 $3,473,789
2020 $1,372,933 $644,554 $6,289,940 $728,379
2019 $2,139,291 $1,306,239 $5,369,739 $833,052
2018 $5,575,382 $2,167,844 $5,236,723 $3,407,538
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare VIRGINIA WAR MEMORIAL FOUNDATION INC with other nonprofits in Virginia and across the country.