SECRETARIAT FOR VIRGINIA

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2024

Principal Officer

LEEANNE MEADOWS LADIN

Phone

8049860734

Tax Period

2025-01-01 to 2025-12-31

SECRETARIAT FOR VIRGINIA, founded in 2024, is a micro nonprofit in the Animal-Related sector that reported $29K in total revenue in fiscal year 2025. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $36K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PERPETUATE AND GROW THE LEGACY OF SECRETARIAT THROUGHOUT VIRGINIA

Program Service Accomplishments

Program 1

Expenses: $30,611

TO PERPETUATE AND GROW THE LEGACY OF SECRETARIAT THROUGHOUT VIRGINIA

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $16,198

Program Service Revenue $250

Investment Income $3,639

Other Revenue $8,956

TOTAL REVENUE $29,043

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $977

Program Expenses $30,611

Other Expenses $35,990

TOTAL EXPENSES $35,990

Year-over-Year Comparison

	2025	2024	Change
Revenue	$29,043	$237,317	-0.9%
Expenses	$35,990	$1,561	+22.1%
Net Income	$-6,947	$235,756	-1.0%

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

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WAYNE DEMENTI	VICEPRESIDEN	1.00	Officer Director	$0	$0	$0
KAREN ENGEL	MEMBER AT LA	1.00	Director	$0	$0	$0
EDWARD L HENSON III	TREASURER	1.00	Officer Director	$0	$0	$0
LEEANNE MEADOWS LADIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
CORTNE LANIER	MEMBER AT LA	1.00	Director	$0	$0	$0
LUCY LINDSEY	SECRETARY	1.00	Officer Director	$0	$0	$0
ANN MARTIN	MEMBER AT LA	1.00	Director	$0	$0	$0
PAM SOPALL	MEMBER AT LA	1.00	Director	$0	$0	$0
JEANNIE WELLIVER	MEMBER AT LA	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	$29,043	$35,990	$247,782	$-6,947
2024	$237,317	$1,561	$235,756	$235,756