Virginia Association of Governmental Procurement Inc

EIN: 521408988

Milwaukee, WI

Total Revenue
$280,850
Total Expenses
$276,212
Total Assets
$143,633
Net Assets
$108,486
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
VA
Principal Officer
Lisa Russell President
Phone
7576093696
Tax Period
2024-01-01 to 2024-12-31

Virginia Association of Governmental Procurement Inc, founded in 1950, is a small nonprofit that reported $281K in total revenue in fiscal year 2024.

Mission

VAGP is steadfastly dedicated to advancing the field of public purchasing, and is committed to: Promoting professionalism in public purchasing through continued education and networking. Studying, discussing, and recommending legislative improvements in governmental purchasing. Exchanging ideas, experiences, and sharing expert advice on purchasing problems and procedures. The promotion of uniform purchasing laws. Developing and promoting simplified standards and specifications for governmental buying.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $106,000
Program Service Revenue $158,603
Investment Income $16,247
Other Revenue $0
TOTAL REVENUE $280,850

Expense Breakdown

Grants Paid $17,300
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $258,912
TOTAL EXPENSES $276,212

Year-over-Year Comparison

2024 2023 Change
Revenue $280,850 $289,771 0.0%
Expenses $276,212 $316,491 -0.1%
Net Income $4,638 $-26,720 -1.2%
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

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Governance

Voting Members
7
Independent Members
7
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
5
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa Russell President 5.00
Officer Director
$0 $0 $0
Andrea Philyaw President-Elect 2.00
Officer Director
$0 $0 $0
David Sandloop Treasurer 2.00
Officer Director
$0 $0 $0
Christine Joyce Secretary 2.00
Officer Director
$0 $0 $0
Alicia Smith Director 1.00
Director
$0 $0 $0
John Tigert Director 1.00
Director
$0 $0 $0
Stephanie Brown First Past President 2.00
Officer 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 No data No data No data No data
2024 $280,850 $276,212 $143,633 $4,638
2023 $289,771 $316,491 $146,691 $-26,720
2022 $300,840 $317,454 $174,692 $-16,614
2019 $271,492 $232,726 $236,338 $38,766
2018 $238,604 $226,575 $182,496 $12,029
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