LITERACY VOLUNTEERS OF FAUQUIER COUNTY

EIN: 541428866 501(c)(3) Education

WARRENTON, VA

Total Revenue
$59,347
Total Expenses
$35,408
Total Assets
$155,912
Net Assets
$154,407
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
VA
Principal Officer
Virginia Hilleary
Phone
5404228465
Tax Period
2024-07-01 to 2025-06-30

Literacy Volunteers of Fauquier County, founded in 1987, is a micro nonprofit in the Education sector that reported $20K in total revenue in fiscal year 2017. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $16K, a strong 80% operating margin.

Mission

Literacy Volunteers of Fauquier County LVFC exists to improve reading writing basic communication skills study and computer skills of adults in Fauquier County VA and to promote learning as a fundamental goal shared by all family members.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $38,107
Program Service Revenue $19,759
Investment Income $1,481
Other Revenue $0
TOTAL REVENUE $59,347

Expense Breakdown

Grants Paid $0
Salaries & Benefits $21,105
Fundraising Expenses $0
Program Expenses $26,664
Other Expenses $14,303
TOTAL EXPENSES $35,408

Year-over-Year Comparison

2024 2023 Change
Revenue $59,347 $23,398 +1.5%
Expenses $35,408 $25,700 +0.4%
Net Income $23,939 $-2,302 -11.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
2
Volunteers
5

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
3
$13,000
Total Directors
5
$13,000
Key Employees
1
$13,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Virginia Hilleary Executive Director 2.00
Officer Director Key Emp Highest
$13,000 $0 $13,000
Elizabeth Howard President 2.00
Officer Director
$0 $0 $0
Mary Cragun Treasurer 2.00
Officer Director
$0 $0 $0
Anita Jimenez Director 2.00
Director
$0 $0 $0
Shaw Niffett Director 2.00
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
2025 $59,347 $35,408 $155,912 $23,939
2024 $23,398 $25,700 $131,339 $-2,302
2023 $17,483 $20,026 $133,533 $-2,543
2022 $17,210 $10,926 $135,323 $6,284
2021 $5,367 $4,980 $129,073 $387
2020 $16,799 $11,294 $128,686 $5,505
2019 $30,948 $7,333 $123,195 $23,615
2018 $19,985 $4,010 $99,603 $15,975
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