LIBRARY OF VIRGINIA FOUNDATION

EIN: 541298764 501(c)(3) Education

RICHMOND, VA

Total Revenue
$8,735,241
Total Expenses
$1,521,759
Total Assets
$14,104,001
Net Assets
$13,460,612
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
VA
Principal Officer
SCOTT DODSON
Phone
8046923590
Tax Period
2024-07-01 to 2025-06-30

LIBRARY OF VIRGINIA FOUNDATION, founded in 1984, is a small nonprofit in the Education sector that reported $907K in total revenue in fiscal year 2020. Revenue surged 108% from the prior year, signaling strong growth momentum. The organization ran a surplus of $213K, a strong 23% operating margin.

Mission

SUPPORT LIBRARY OF VIRGINIA

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,478,412
Program Service Revenue $0
Investment Income $279,124
Other Revenue $-22,295
TOTAL REVENUE $8,735,241

Expense Breakdown

Grants Paid $0
Salaries & Benefits $393,227
Fundraising Expenses $655,137
Program Expenses $661,348
Other Expenses $662,211
TOTAL EXPENSES $1,521,759

Year-over-Year Comparison

2024 2023 Change
Revenue $8,735,241 $936,653 +8.3%
Expenses $1,521,759 $1,398,252 +0.1%
Net Income $7,213,482 $-461,599 -16.6%
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

Sign In

Governance

Voting Members
17
Independent Members
17
Employees
10
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
4
$0
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LUCIA ANNA TRIGIANI PRESIDENT 2.00
Officer Director
$0 $0 $0
JULIA MARSDEN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
CORYNNE S ARNETT TREASURER 2.00
Officer Director
$0 $0 $0
JEFFREY DREYFUS SECRETARY 2.00
Officer Director
$0 $0 $0
JACK CATLETT DIRECTOR 1.00
Director
$0 $0 $0
JORDANNA KAUFMAN DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH PAPA DIRECTOR 1.00
Director
$0 $0 $0
BESSIDA CAUTHORNE WHITE DIRECTOR 1.00
Director
$0 $0 $0
WENDY AUERBACH DIRECTOR 1.00
Director
$0 $0 $0
PAUL BROCKWELL DIRECTOR 1.00
Director
$0 $0 $0
BK FULTON DIRECTOR 1.00
Director
$0 $0 $0
BRAD PARKS DIRECTOR 1.00
Director
$0 $0 $0
CHARLOTTE PORTERFIELD DIRECTOR 1.00
Director
$0 $0 $0
LYNN RAINVILLE DIRECTOR 1.00
Director
$0 $0 $0
SHAREEF TAHBOUB DIRECTOR 1.00
Director
$0 $0 $0
MATT WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
DENNIS CLARK DIRECTOR 1.00
Director
$0 $0 $0
RACHAEL LAPE DIRECTOR 1.00
Director
$0 $0 $0
RON CAREY DIRECTOR 1.00
Director
$0 $0 $0
BROOKS SMITH DIRECTOR 1.00
Director
$0 $0 $0
MALFOURD TRUMBO DIRECTOR 1.00
Director
$0 $0 $0
NATALIE VON SEELEN DIRECTOR 1.00
Director
$0 $0 $0
LARA WULFF DIRECTOR 1.00
Director
$0 $0 $0
SCOTT R DODSON EXECUTIVE DIRECTOR 40.00
Highest
$159,822 $7,991 $167,813
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 $8,735,241 $1,521,759 $14,104,001 $7,213,482
2024 $936,653 $1,398,252 $6,079,403 $-461,599
2023 $1,300,237 $1,428,596 $5,893,280 $-128,359
2022 $2,409,606 $745,139 $5,754,193 $1,664,467
2021 $907,161 $694,304 $4,803,475 $212,857
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LIBRARY OF VIRGINIA FOUNDATION with other nonprofits in Virginia and across the country.