RICHMOND, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VIRGINIA ACADEMY OF SCIENCE ENGINEERING AND MEDICINE INC, founded in 2013, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $439K in total revenue in fiscal year 2024. Revenue surged 102% from the prior year, signaling strong growth momentum. The organization ran a surplus of $104K, a strong 24% operating margin.
THE PRIMARY PURPOSES OF VASEM SHALL BE TO:(1) INFORMPROVIDE AN INDEPENDENT RESOURCE OF EXPERTISE IN SCIENCE, ENGINEERING AND MEDICINE TO THE COMMONWEALTH OF VIRGINIA; ENVISION FUTURE TRENDS AND PROVIDE LEADERSHIP IN CATALYZING EMERGING OPPORTUNITIES;(2) ADVOCATEPROMOTE INVESTMENTS IN JOB GROWTH, RESEARCH, AND SOLUTIONS TO CHALLENGES IN SCIENCE, ENGINEERING AND TECHNOLOGY; SUPPORT EMERGING LEADERS IN SCIENCE, ENGINEERING AND MEDICNE TOWARD THEIR ELECTION IN THE NATIONIAL ACADEMIES;(3)SERVEFOSTER NEW COLLABORATIONS BETWEEN BUSINESSES AND THE COMMONWEALTH OF VIRGINIA UNIVERSITIES AND COLLEGES; GROW VIRGINIA'S COMPETITIVENESS FOR NEW BUSINESS INVESTMENTS, FEDERAL FUNDING AND JOB GROWTH.
PULLING TOGETHER INDIVIDUALS FROM INDUSTRY, ACADEMIC, AND GOVERNMENT 'SILOS' TO CREATE CROSS-INDUSTRY AND CROSS-DISCIPLINARY OPPORTUNITIES IN FAST-MOVING TECHNICAL FIELDS THAT INCLUDE BIG DATA...
PULLING TOGETHER INDIVIDUALS FROM INDUSTRY, ACADEMIC, AND GOVERNMENT 'SILOS' TO CREATE CROSS-INDUSTRY AND CROSS-DISCIPLINARY OPPORTUNITIES IN FAST-MOVING TECHNICAL FIELDS THAT INCLUDE BIG DATA, TRANSPORTAION AND AUTONOMOUS SYSTEMS AND BECOME A RESOURCE FOR LEGISLATIVE AND OTHER GROUPS AS A BRAIN TRUST FOR INDUSTRY, GOVERNMENT AND EDUCATION.
THE COMMONWEALTH OF VIRGINIA ENGINEERING AND SCIENCE (COVES) FELLOWSHIP IS A 12-WEEK FELLOWSHIP PROGRAM OF THE VIRGINIA ACADEMY OF SCIENCE, ENGINEERING AND MEDICINE (VASEM). GRADUATE STUDENT AND...
THE COMMONWEALTH OF VIRGINIA ENGINEERING AND SCIENCE (COVES) FELLOWSHIP IS A 12-WEEK FELLOWSHIP PROGRAM OF THE VIRGINIA ACADEMY OF SCIENCE, ENGINEERING AND MEDICINE (VASEM). GRADUATE STUDENT AND POSTDOCTORAL FELLOWS WILL SERVE AS SCIENCE ADVISORS IN A VARIETY OF POSSIBLE PLACEMENTS, INCLUDING LEGISLATIVE OFFICES, EXECUTIVE AGENCIES, OR PROMINENT COMPANIES AND NONPROFITS IN THE STATE OF VIRGINIA. FELLOWS WILL GAIN EXPERIENCE BY SERVING THEIR HOST OFFICE AND PERFORMING RELEVANT TASKS SUCH AS RESEARCHING, DRAFTING, AND REVISING RELEVANT POLICIES. FELLOWS WILL ALSO BE PAIRED WITH A VASEM MEMBER WHO WILL SERVE AS AN EXPERIENCED SCIENCE POLICY MENTOR THROUGHOUT THE FELLOWSHIP.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $438,858 | $217,599 | +1.0% |
| Expenses | $334,881 | $193,817 | +0.7% |
| Net Income | $103,977 | $23,782 | +3.4% |
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 |
|---|---|---|---|---|---|---|
| MR ALFRED GRASSO | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR X J MENG | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MR DAVID ROOP | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR JENNIFER WEST | SECRETARY/TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR JAMES AYLOR | IMMEDIATE PAST PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR ANTHONY J BEASLEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR BARBARA BOYAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR ROBERT CAREY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR PATRICIA DOVE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR ANTONIO ELIAS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR ANITA JONES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR ROBERT KAHN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR ALEX KRIST | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR CHEN-CHING LIU | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GENERAL LESTER L LYLES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DR ROBERT PHILLIPS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MR THOMAS YOUNG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $438,858 | $334,881 | $505,365 | $103,977 |
| 2024 | No data | No data | No data | No data |
| 2023 | $255,500 | $213,260 | $377,606 | $42,240 |
| 2022 | $325,767 | $232,578 | $335,366 | $93,189 |
| 2021 | $268,400 | $185,631 | $242,177 | $82,769 |
Compare VIRGINIA ACADEMY OF SCIENCE ENGINEERING AND MEDICINE INC with other nonprofits in Virginia and across the country.