VIRGINIA NATIONAL GUARD FOUNDATION (EIN 541289097) - 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

1984

Legal Domicile

Principal Officer

Timothy D White

Phone

4342644945

Tax Period

2022-01-01 to 2022-12-31

VIRGINIA NATIONAL GUARD FOUNDATION, founded in 1984, is a micro nonprofit in the Education sector that reported $23K in total revenue in fiscal year 2018. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $26K exceeded revenue, resulting in a 11% operating deficit.

Mission

Financial Assistance - the primary purpose of the organization is to make temporary loans to members and retirees of the Virginia National Guard.

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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 (2022)

Revenue Breakdown

Contributions & Grants $28,163

Program Service Revenue $0

Investment Income $36

Other Revenue $0

TOTAL REVENUE $28,199

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,000

Fundraising Expenses $0

Program Expenses $21,566

Other Expenses $131,950

TOTAL EXPENSES $155,950

Year-over-Year Comparison

	2022	2021	Change
Revenue	$28,199	$11,863	+1.4%
Expenses	$155,950	$27,107	+4.8%
Net Income	$-127,751	$-15,244	+7.4%

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

N/A

Volunteers

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
Timothy D White	Executive Director	35.00		$24,000	$0	$24,000
Thomas Thompson	President	1.00	Officer Director	$0	$0	$0
Stephen Huxtable	1st Vice Pres	1.00	Officer Director	$0	$0	$0
Robert W Huffman	2nd Vice Pres	1.00	Officer Director	$0	$0	$0
Clifton White	Treasurer	1.00	Officer Director	$0	$0	$0
David Dunn	Director	1.00	Director	$0	$0	$0
Charles B Faulconer Jr	Director	1.00	Director	$0	$0	$0
William G Fore	Director	1.00	Director	$0	$0	$0
Daryl Francis	Director	1.00	Director	$0	$0	$0
Michael Coleman	Secretary	1.00	Director	$0	$0	$0
William E Haymes Jr	Director	1.00	Director	$0	$0	$0
Janice G Igou	Director	1.00	Director	$0	$0	$0
Carroll D Childers	Director	1.00	Director	$0	$0	$0
Rob McMillin	Director	1.00	Director	$0	$0	$0
Stephen Huxtable	Director	1.00	Director	$0	$0	$0
Carl A Holcomb	Director	1.00	Director	$0	$0	$0
Theodore Shuey	Director	1.00	Director	$0	$0	$0
Donald R Sutherland	Director	1.00	Director	$0	$0	$0
Regina T Webb	Director	1.00	Director	$0	$0	$0
Eddie Whitt	Director	1.00	Director	$0	$0	$0
Timothy D White	Executive Dir.	1.00	Director	$0	$0	$0
Persse Deverell III	Past Executive Director	1.00		$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
2022	$28,199	$155,950	$171,793	$-127,751
2021	$11,863	$27,107	$299,544	$-15,244
2020	$15,470	$29,203	$314,788	$-13,733
2019	$13,533	$27,298	$328,521	$-13,765
2018	$23,485	$26,067	$342,286	$-2,582

VIRGINIA NATIONAL GUARD FOUNDATION