Virginia Assoc of Secondary School Principals Inc (EIN 540978454) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1906

Legal Domicile

Principal Officer

Dr Travis Burns

Phone

8043552777

Tax Period

2022-07-01 to 2023-06-30

Virginia Assoc of Secondary School Principals Inc, founded in 1906, is a small nonprofit that reported $695K in total revenue in fiscal year 2017. Expenses of $674K left a modest 3% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO SUPPORT SCHOOL PRINCIPALS AND ASSISTANT PRINCIPALS IN PROVIDING LEADERSHIP TO THEIR SCHOOLS AND COMMUNITIES FOR THE PURPOSE OF IMPROVING THE EDUCATION OF VIRGINIA'S YOUTH.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $572,739

Investment Income $16,298

Other Revenue $0

TOTAL REVENUE $589,037

Expense Breakdown

Grants Paid $0

Salaries & Benefits $218,927

Fundraising Expenses $0

Other Expenses $322,227

TOTAL EXPENSES $541,654

Year-over-Year Comparison

	2022	2021	Change
Revenue	$589,037	$614,408	0.0%
Expenses	$541,654	$510,207	+0.1%
Net Income	$47,383	$104,201	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$193,253

Total Directors

$193,253

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Randy D Barrack	CEO	50.00	Officer Director	$124,029	$51,505	$193,253
Dr Michael Kelly	Pres-Elect	1.00	Director	$0	$0	$0
Jillian Balow	Director	1.00	Director	$0	$0	$0
Dr Herman Mizell	Director	1.00	Director	$0	$0	$0
Shawn DeRose	Director	1.00	Director	$0	$0	$0
Timothy Beatty	Director	1.00	Director	$0	$0	$0
Kimberly Greer	Ex Officio	1.00	Director	$0	$0	$0
Dr Lisa Coons	Director	1.00	Director	$0	$0	$0
Dr Travis Burns	President	1.00	Officer Director	$0	$0	$0
Douglas Fulton	State Coord	1.00	Director	$0	$0	$0
Donald Vale	Past President	1.00	Officer Director	$0	$0	$0
Michael Pflugrath	Director	1.00	Director	$0	$0	$0
Dr Melanie Patterson	Director	1.00	Director	$0	$0	$0
Katie Werner	Director	1.00	Director	$0	$0	$0
Dr John Ringstaff	Director	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$589,037	$541,654	$853,937	$47,383
2022	$614,408	$510,207	$829,956	$104,201
2021	$533,475	$495,436	$811,367	$38,039
2020	$404,891	$563,613	$704,623	$-158,722
2019	$697,652	$697,295	$777,194	$357
2018	$695,329	$674,371	$932,477	$20,958

Virginia Assoc of Secondary School Principals Inc