VOANS PRESERVATION AND DEVELOPMENT HOLDING CORPORATION

EIN: 463195548 501(c)(3)

ALEXANDRIA, VA

Total Revenue
$44,164,123
Total Expenses
$3,315,104
Total Assets
$-130,947
Net Assets
$-142,397
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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
2013
Legal Domicile
MN
Principal Officer
DEJERNETTE BEATY
Phone
7033415000
Tax Period
2024-07-01 to 2025-06-30

VOANS PRESERVATION AND DEVELOPMENT HOLDING CORPORATION, founded in 2013, is a mid-sized nonprofit that reported $44.2M in total revenue in fiscal year 2024. Revenue surged 780% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40.8M, a strong 92% operating margin.

Mission

THE CORPORATION SUPPORTS THE CHARITABLE AFFORDABLE HOUSING ACTIVITIES OF VOLUNTEERS OF AMERICA, INC. AND VOLUNTEERS OF AMERICA NATIONAL SERVICES.

Program Service Accomplishments

Program 1
Expenses: $3,312,104 Revenue: $44,049,938

THE CORPORATION SUPPORTS THE CHARITABLE AFFORDABLE HOUSING ACTIVITIES OF VOLUNTEERS OF AMERICA, INC. AND VOLUNTEERS OF AMERICA NATIONAL SERVICES.

🔒

Trantor Score

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

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 $0
Program Service Revenue $44,049,938
Investment Income $53,310
Other Revenue $60,875
TOTAL REVENUE $44,164,123

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,312,104
Other Expenses $3,315,104
TOTAL EXPENSES $3,315,104

Year-over-Year Comparison

2024 2023 Change
Revenue $44,164,123 $5,017,073 +7.8%
Expenses $3,315,104 $3,480,922 0.0%
Net Income $40,849,019 $1,536,151 +25.6%
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
15
Independent Members
13
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
14
$3,651,421
Total Directors
15
$868,407
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL W KING PRESIDENT N/A
Officer Director
$0 $183,373 $868,407
DAVID NISIVOCCIA ASST. TREAS/ N/A
Officer
$0 $74,234 $516,603
JOSEPH BUDZYNSKI ASST TREAS/S N/A
Officer
$0 $116,809 $465,439
PAUL SOCZYNSKI ASST. TREAS/ N/A
Officer
$0 $30,221 $378,447
PETER DESJARDINS ASST. TREAS/ N/A
Officer
$0 $40,506 $319,503
NANCY GAVIN ASST. SEC/TR N/A
Officer
$0 $87,852 $285,594
KIMBERLY KING ASST. TREAS/ N/A
Officer
$0 $33,529 $256,810
DAVID PASKOFF ASST. TREAS/ N/A
Officer
$0 $17,960 $197,896
DEJERNETTE BEATY ASST. TREAS/ N/A
Officer
$0 $20,135 $193,522
FAITH NUTZ ASST. SEC/TR N/A
Officer
$0 $20,168 $169,200
PATTI ARNOLD DIRECTOR N/A
Director
$0 $0 $0
SHAWN BLOOM DIRECTOR N/A
Director
$0 $0 $0
KAREN ERICKSON TREASURER N/A
Officer Director
$0 $0 $0
KAREN HACKETT SECRETARY N/A
Officer Director
$0 $0 $0
CARMEN JACKSON DIRECTOR N/A
Director
$0 $0 $0
KEITH KNAPP DIRECTOR N/A
Director
$0 $0 $0
BETH MULLEN DIRECTOR N/A
Director
$0 $0 $0
DERRICK PERKINS VICE CHAIR N/A
Officer Director
$0 $0 $0
JEANNE PETERSON DIRECTOR N/A
Director
$0 $0 $0
NANCY RASE CHAIR N/A
Officer Director
$0 $0 $0
PATRICK SHERIDAN DIRECTOR N/A
Director
$0 $0 $0
JANET STRINGFELLOW DIRECTOR N/A
Director
$0 $0 $0
WALTER TEJADA DIRECTOR N/A
Director
$0 $0 $0
VORIS VIGEE DIRECTOR N/A
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 $44,164,123 $3,315,104 $-130,947 $40,849,019
2024 $5,017,073 $3,480,922 $-2,792,652 $1,536,151
2023 $1,329,851 $2,193,608 $-6,948,060 $-863,757
2022 $135,727 $1,636,338 $-6,048,666 $-1,500,611
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare VOANS PRESERVATION AND DEVELOPMENT HOLDING CORPORATION with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.