ViBe District Virginia Beach

EIN: 471131974 501(c)(3) Community Improvement

Virginia Beach, VA

Total Revenue
$458,198
Total Expenses
$454,854
Total Assets
$210,888
Net Assets
$113,888
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
VA
Phone
7572029533
Tax Period
2025-01-01 to 2025-12-31

ViBe District Virginia Beach, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $218K in total revenue in fiscal year 2018. Revenue surged 73% from the prior year, signaling strong growth momentum.

Mission

Our Mission: to promote, support, connect, and inspire the creative industries to boost our local economy, grow jobs, and enhance our quality of life

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Trantor Score

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $427,107
Program Service Revenue $31,076
Investment Income $15
Other Revenue $0
TOTAL REVENUE $458,198

Expense Breakdown

Grants Paid $0
Salaries & Benefits $97,143
Fundraising Expenses $22,452
Program Expenses $393,577
Other Expenses $357,711
TOTAL EXPENSES $454,854

Year-over-Year Comparison

2025 2024 Change
Revenue $458,198 $446,533 +0.0%
Expenses $454,854 $446,150 +0.0%
Net Income $3,344 $383 +7.7%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
28
Independent Members
27
Employees
1
Volunteers
50

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
5
$0
Total Directors
24
$89,808
Key Employees
1
$89,808
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Katherine E Pittman Executive Director 40.00
Director Key Emp
$89,808 $0 $89,808
Andrew S Fine Past President 5.00
Officer
$0 $0 $0
Laura B Wood President 10.00
Officer
$0 $0 $0
Jody Wagner Vice President 10.00
Officer
$0 $0 $0
Lawrence Steingold Treasurer 10.00
Officer
$0 $0 $0
LG Shaw Secretary 10.00
Officer
$0 $0 $0
BJ Griffin Trustee 1.00
Director
$0 $0 $0
Brian Jones Trustee 1.00
Director
$0 $0 $0
Cole Werkheiser Trustee 1.00
Director
$0 $0 $0
Robin Brickell Trustee 1.00
Director
$0 $0 $0
Aaron Phipps Trustee 1.00
Director
$0 $0 $0
Greg Zittrain Trustee 1.00
Director
$0 $0 $0
Jeremy Maloney Trustee 1.00
Director
$0 $0 $0
Kim Shuler Trustee 1.00
Director
$0 $0 $0
Nadine Paniccia Trustee 1.00
Director
$0 $0 $0
Derrick Borte Trustee 1.00
Director
$0 $0 $0
Bill Gambrell Trustee 1.00
Director
$0 $0 $0
Kara Hanger Trustee 1.00
Director
$0 $0 $0
Donald Frederick Trustee 1.00
Director
$0 $0 $0
Nate Fine Trustee 1.00
Director
$0 $0 $0
Dare Ruffin Trustee 1.00
Director
$0 $0 $0
Poetry Jackson Trustee 1.00
Director
$0 $0 $0
Scott McCluney Turstee 1.00
Director
$0 $0 $0
Martha McClees Trustee 1.00
Director
$0 $0 $0
Harshad Barot Trustee 1.00
Director
$0 $0 $0
Lisa DeNoia Liaison FDC Board 1.00
Director
$0 $0 $0
Crystal Sessoms VAACC Liaison 1.00
Director
$0 $0 $0
Margaret Foltz Liaison VBAC 1.00
Director
$0 $0 $0
Alison Byrne Liaison VMOCA 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 $458,198 $454,854 $210,888 $3,344
2024 $446,533 $446,150 $177,043 $383
2023 $411,375 $411,600 $180,160 $-225
2022 $377,274 $361,527 $165,830 $15,747
2021 $239,583 $237,527 $138,846 $2,056
2020 $200,394 $193,925 $136,902 $6,469
2019 $243,434 $237,242 $112,122 $6,192
2018 $217,572 $215,424 $105,930 $2,148
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