MANASSAS, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Northern Virginia Veterans Assoc, founded in 2015, is a micro nonprofit in the Human Services sector that reported $96K in total revenue in fiscal year 2019. Revenue surged 61% from the prior year, signaling strong growth momentum. Expenses of $108K exceeded revenue, resulting in a 13% operating deficit.
NOVA Veterans Association's mission is critical in that we provide the one thing the elderly and underserved don't have - equitable access to the services they need. We are a personal comprehensive case management and advocacy service which is fundamentally different than a resource directory or a navigation service. We work with each veteran so we understand their needs comprehensively then coordinate services and always follow up. Most Veteran Service Organizations focus on supporting only a single immediate need for which the veteran is seeking help. However veterans who are in poverty disabled elderly or have mental health challenges have a complex set of needs that must be addressed to improve their quality of life. NOVA Veterans support holistically over the long-term because our veterans deserve more than a short-term temporary fix.We provide continuity of support through multiple partner organizations using our Veteran Quality of Life Cycle model.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $350,536 | $270,254 | +0.3% |
| Expenses | $271,124 | $180,630 | +0.5% |
| Net Income | $79,412 | $89,624 | -0.1% |
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 |
|---|---|---|---|---|---|---|
| Angela McConnell | President CEO | 30.00 |
Officer
Director
|
$80,267 | $0 | $80,267 |
| David Bice | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Kerry D Kirk | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Paula Eckard | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Matthew Carter | Chairman | 2.00 |
Director
|
$0 | $0 | $0 |
| Albert Leech | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Melissa Dargis | Chief Operating Officer Director of Services | 30.00 |
Officer
|
$88,851 | $0 | $88,851 |
| Constantine Ferssizidis | Secretary | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $350,536 | $271,124 | $203,212 | $79,412 |
| 2022 | $270,254 | $180,630 | $123,800 | $89,624 |
| 2021 | $111,767 | $118,729 | $34,176 | $-6,962 |
| 2021 | $111,767 | $118,729 | $34,176 | $-6,962 |
| 2020 | $96,325 | $89,606 | $58,638 | $6,719 |
| 2019 | $95,745 | $107,867 | $34,419 | $-12,122 |
Compare NORTHERN VIRGINIA VETERANS ASSOCIATION with other nonprofits in Virginia and across the country.