VOLUNTEER HAMPTON ROADS (EIN 541072533) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1957

Legal Domicile

Principal Officer

MAERINE MITCHELL

Phone

7576222312

Tax Period

2023-01-01 to 2023-12-31

VOLUNTEER HAMPTON ROADS, founded in 1957, is a small nonprofit that reported $420K in total revenue in fiscal year 2018. Revenue decreased 10% compared to the prior year. Expenses of $469K exceeded revenue, resulting in a 12% operating deficit.

Mission

THE MISSION OF VOLUNTEER HAMPTON ROADS IS TO CONNECT BUSINESSES WITH OPPORTUNITIES WHICH CREATE A POSITIVE IMPACT ON OUR COMMUNITY; TO EQUIP NONPROFITS WITH THE RESOURCES THEY NEED TO ACHIEVE THEIR MISSION; TO MOBILIZE A COMMUNITY OF VOLUNTEERS TO CREATE CHANGE.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $340,049

Program Service Revenue $10,622

Investment Income $790

Other Revenue $0

TOTAL REVENUE $351,461

Expense Breakdown

Grants Paid $0

Salaries & Benefits $300,973

Fundraising Expenses $15,049

Program Expenses $365,859

Other Expenses $102,477

TOTAL EXPENSES $403,450

Year-over-Year Comparison

	2023	2022	Change
Revenue	$351,461	$361,694	0.0%
Expenses	$403,450	$379,045	+0.1%
Net Income	$-51,989	$-17,351	+2.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

13290

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

$264,411

Total Directors

$594,626

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE GORHAM	PAST CEO	40.00	Officer	$90,667	$6,449	$97,116
MAERINE MITCHELL	CEO	N/A	Officer	$0	$0	$0
PHIL DAMUTH	CHAIR	2.00	Officer Director	$0	$0	$0
HOPE SINCLAIR	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JAMES HINTON JR	SECRETARY	1.00	Officer Director	$0	$0	$0
SYLVIA HAINES	TREASURER	2.00	Officer Director	$0	$17,295	$167,295
CHRISTOPHER PIERSON	PAST CHAIR	2.00	Director	$0	$0	$0
KEVIN ANDRIS	DIRECTOR	1.00	Director	$0	$0	$0
LYN LANGMAN	DIRECTOR	1.00	Director	$0	$0	$0
GARY ARTYBRIDGE JR	DIRECTOR	1.00	Director	$0	$0	$0
TONY AVEIRO	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL BERGER	DIRECTOR	1.00	Director	$0	$0	$0
TAGE COUNTS	DIRECTOR	1.00	Director	$0	$0	$0
BLAIR DURHAM	DIRECTOR	1.00	Director	$0	$0	$0
GRAHAM HERBERT	DIRECTOR	1.00	Director	$0	$0	$0
KEITH MOORE	DIRECTOR	1.00	Director	$0	$0	$0
KIM PAINTER	DIRECTOR	1.00	Director	$0	$0	$0
TONYA PERKINS	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN STEPHENS	DIRECTOR	1.00	Director	$0	$21,931	$427,331
NICK STRONG	DIRECTOR	1.00	Director	$0	$0	$0
SEAN WASHINGTON	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
2024	No data	No data	No data	No data
2023	$351,461	$403,450	$93,210	$-51,989
2022	$361,694	$379,045	$147,768	$-17,351
2021	$257,903	$366,904	$190,600	$-109,001
2020	$281,323	$320,625	$283,305	$-39,302
2019	$419,723	$468,568	$326,262	$-48,845

VOLUNTEER HAMPTON ROADS