MENTAL HEALTH AMERICA OF VIRGINIA

EIN: 540534103 501(c)(3)

RICHMOND, VA

Total Revenue
$705,818
Total Expenses
$754,437
Total Assets
$225,693
Net Assets
$186,538
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
VA
Principal Officer
Cherie Hammond
Phone
8042575591
Tax Period
2024-01-01 to 2024-12-31

MENTAL HEALTH AMERICA OF VIRGINIA, founded in 1937, is a small nonprofit that reported $621K in total revenue in fiscal year 2020. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $538K left a modest 13% surplus.

Mission

To educate, empower, and advocate to improve the mental health of all Virginians. Promote mental wellness and provide recovery education and support services, such as our state wide, peer-run Warm Line, webinars and in-person trainings, resiliency support education for crime trauma survivors, wellness support groups for adults under probation supervision, public awareness events and participation on state legislative and policy work groups.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $691,793
Program Service Revenue $1,050
Investment Income $975
Other Revenue $12,000
TOTAL REVENUE $705,818

Expense Breakdown

Grants Paid $0
Salaries & Benefits $454,554
Fundraising Expenses $26,965
Program Expenses $617,968
Other Expenses $299,883
TOTAL EXPENSES $754,437

Year-over-Year Comparison

2024 2023 Change
Revenue $705,818 $840,391 -0.2%
Expenses $754,437 $835,255 -0.1%
Net Income $-48,619 $5,136 -10.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
11
Volunteers
26

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
4
$0
Total Directors
12
$0
Key Employees
1
$79,502
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bruce Cruser Executive Director 40
Key Emp
$79,502 $0 $79,502
Stephanie Barker President 2
Officer Director
$0 $0 $0
Cherie Hammond Vice President 2.00
Officer Director
$0 $0 $0
Lauren Stevens Treasurer 2
Officer Director
$0 $0 $0
Laura Viar Secretary 2
Officer Director
$0 $0 $0
Alexander Guzman Director 1
Director
$0 $0 $0
Emily McGinley Director 1
Director
$0 $0 $0
Renee Norden Director 1
Director
$0 $0 $0
Alyssa Ward Director 1
Director
$0 $0 $0
Jennifer Wicker Director 1
Director
$0 $0 $0
Snapper Tams Director 1
Director
$0 $0 $0
Arcelia Jackson Director 1
Director
$0 $0 $0
Steven Walker Director 1
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
2024 $705,818 $754,437 $225,693 $-48,619
2023 $840,391 $835,255 $310,254 $5,136
2022 $668,419 $646,106 $328,781 $22,313
2021 $688,851 $630,560 $283,952 $58,291
2020 $620,767 $538,343 $242,625 $82,424
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