VIRGINIA TRAPSHOOTING ASSOCIATION INC (EIN 541235235) - 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

1981

Legal Domicile

Principal Officer

Michael Jeter

Phone

3046168102

Tax Period

2024-01-01 to 2024-12-31

VIRGINIA TRAPSHOOTING ASSOCIATION INC, founded in 1981, is a micro nonprofit that reported $81K in total revenue in fiscal year 2020. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $130K exceeded revenue, resulting in a 61% operating deficit.

Mission

Promote the sport of trapshooting and youth firearm safety.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $450

Program Service Revenue $117,115

Investment Income $0

Other Revenue $0

TOTAL REVENUE $117,565

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,602

Fundraising Expenses $0

Program Expenses $117,915

Other Expenses $72,353

TOTAL EXPENSES $120,955

Year-over-Year Comparison

	2024	2023	Change
Revenue	$117,565	$114,058	+0.0%
Expenses	$120,955	$132,152	-0.1%
Net Income	$-3,390	$-18,094	-0.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
George Hafkemeyer	Delegate	3	Officer	$0	$0	$0
Michael Jeter	President	3	Officer	$0	$0	$0
Craig Depiazzy	First Vice President	1	Officer	$0	$0	$0
Travis Rockwood	Second Vice President	1	Officer	$0	$0	$0
Alec Sauble	Treasurer	2	Officer	$0	$0	$0
Robert Waldbauer	Secretary	2	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	$117,565	$120,955	$364,169	$-3,390
2023	$114,058	$132,152	$367,559	$-18,094
2022	$103,316	$110,272	$385,653	$-6,956
2021	$123,214	$180,074	$392,609	$-56,860
2020	$80,586	$129,890	$449,469	$-49,304

VIRGINIA TRAPSHOOTING ASSOCIATION INC