VIRGINIA COMMUNITY COLLEGES ASSOCIATION

EIN: 541230446

Lynchburg, VA

Total Revenue
$99,841
Total Expenses
$142,811
Total Assets
$22,865
Net Assets
$22,865
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
VA
Principal Officer
Catherine Rice
Phone
4348327292
Tax Period
2023-01-01 to 2023-12-31

VIRGINIA COMMUNITY COLLEGES ASSOCIATION, founded in 1982, is a micro nonprofit that reported $24K in total revenue in fiscal year 2020. Revenue fell 75% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $11K, a strong 47% operating margin.

Mission

To enrich community college education primarily through professional development activities by: fostering a climate of professional development and growth and providing a medium of exchange of information, issues, opportunities encouraging the climate of excellence in delivery of teaching and learning in higher education.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $79,544
Program Service Revenue $20,297
Investment Income $0
Other Revenue $0
TOTAL REVENUE $99,841

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $142,811
Other Expenses $142,811
TOTAL EXPENSES $142,811

Year-over-Year Comparison

2023 2022 Change
Revenue $99,841 $71,727 +0.4%
Expenses $142,811 $92,964 +0.5%
Net Income $-42,970 $-21,237 +1.0%
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
20

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
13
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Wanda Davis-Alves Past President/Grants & Marketing 0
Officer
$0 $0 $0
Donna Minnich President 0
Officer
$0 $0 $0
Lisa Shifflet McDaniel President Elect 0
Officer
$0 $0 $0
Barbara Vinson-Ratliff Member-at-Large, Eastern Region 0
Officer
$0 $0 $0
Catherine Rice Treasurer 0
Officer
$0 $0 $0
Sherice Paige Member-at-Large Central Region 0
Officer
$0 $0 $0
Christine Pauly Parliamentarian 0
Officer
$0 $0 $0
Winona Jenkins Member-at-Large Northern Region 0
Officer
$0 $0 $0
Peggy Manuelito Secretary/Historian/Concurrent Sessions Coordinator 0
Officer
$0 $0 $0
Karen Todd Marketing & Public Relations Coordinator 0
Officer
$0 $0 $0
Susan Simmers Member-at-Large Western Region 0
Officer
$0 $0 $0
Marilyn Freeman Fundraising Coordinator 0
Officer
$0 $0 $0
Theresa Thomas Web Coordinator 0
Officer
$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 $99,841 $142,811 $22,865 $-42,970
2022 $71,727 $92,964 $65,835 $-21,237
2021 $37,066 $14,284 $87,072 $22,782
2020 $23,876 $12,728 $64,290 $11,148
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