DRIVE SMART VIRGINIA INC

EIN: 541772269 501(c)(3) Public Safety

RICHMOND, VA

Total Revenue
$1,478,763
Total Expenses
$1,365,980
Total Assets
$1,450,593
Net Assets
$1,006,005
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
VA
Principal Officer
KRISTIN PETTWAY
Phone
8043402870
Tax Period
2023-10-01 to 2024-09-30

DRIVE SMART VIRGINIA INC, founded in 1995, is a community nonprofit in the Public Safety sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 8% surplus.

Mission

DRIVE SMART VIRGINIA IS DEDICATED TO EDUCATING DRIVERS AND RAISING TRAFFIC SAFETY AWARENESS IN ORDER TO SAVE LIVES AND REDUCE INJURIES ON THE ROADWAYS OF VIRGINIA.

Program Service Accomplishments

Program 1
Expenses: $1,276,970

ALL VIRGINIANS ARE AFFECTED BY TRAFFIC CRASHES AND THEIR DEVASTATING RESULTS. FEDERAL GRANT FUNDS, ADMINISTERED BY VIRGINIA'S DIVISION OF MOTOR VEHICLES HIGHWAY SAFETY OFFICE, ASSIST DSV IN PROVIDING...

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ALL VIRGINIANS ARE AFFECTED BY TRAFFIC CRASHES AND THEIR DEVASTATING RESULTS. FEDERAL GRANT FUNDS, ADMINISTERED BY VIRGINIA'S DIVISION OF MOTOR VEHICLES HIGHWAY SAFETY OFFICE, ASSIST DSV IN PROVIDING EDUCATIONAL AND OUTREACH INITIATIVES IN THE AREAS OF DISTRACTED DRIVING, OCCUPANT PROTECTION, WORKPLACE HEALTH AND SAFETY CAMPAIGNS, BICYCLIST AND PEDESTRIAN AWARENESS, AND DESIGNATED DRIVING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,463,280
Program Service Revenue $0
Investment Income $0
Other Revenue $15,483
TOTAL REVENUE $1,478,763

Expense Breakdown

Grants Paid $0
Salaries & Benefits $413,543
Fundraising Expenses $1,369
Program Expenses $1,276,970
Other Expenses $952,437
TOTAL EXPENSES $1,365,980

Year-over-Year Comparison

2023 2022 Change
Revenue $1,478,763 $1,183,471 +0.2%
Expenses $1,365,980 $1,160,180 +0.2%
Net Income $112,783 $23,291 +3.8%
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

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Governance

Voting Members
10
Independent Members
10
Employees
5
Volunteers
30

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
5
$86,129
Total Directors
17
$86,129
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRYAN MARANGONI CHAIR 1.00
Officer Director
$0 $0 $0
ERICK KUHLMANN VICE CHAIR 1.00
Officer Director
$0 $0 $0
DAVID TENEMBAUM TREASURER 1.00
Officer Director
$0 $0 $0
MICHAEL ALLEN SECRETARY 1.00
Officer Director
$0 $0 $0
RICHARD FORRESTER DIRECTOR 1.00
Director
$0 $0 $0
DR CHARLIE KLAUER DIRECTOR 1.00
Director
$0 $0 $0
ROBERT BRADSHAW DIRECTOR 1.00
Director
$0 $0 $0
TONYA EATON DIRECTOR 1.00
Director
$0 $0 $0
JOEL FELDMAN DIRECTOR 1.00
Director
$0 $0 $0
DR BRYAN PORTER DIRECTOR 1.00
Director
$0 $0 $0
JUDI RYAN-PHILLIPS DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY SANFORD KILIAN DIRECTOR 1.00
Director
$0 $0 $0
SHERRY TIABA DIRECTOR 1.00
Director
$0 $0 $0
DANA SCHRAD DIRECTOR 1.00
Director
$0 $0 $0
JEFF VON REHDER DIRECTOR 1.00
Director
$0 $0 $0
LT COLONEL MATTHEW HANLEY DIRECTOR 1.00
Director
$0 $0 $0
KRISTIN PETTWAY EXECUTIVE DI 40.00
Officer Director
$82,028 $4,101 $86,129
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 $1,478,763 $1,365,980 $1,450,593 $112,783
2023 $1,183,471 $1,160,180 $857,219 $23,291
2022 $1,203,748 $988,807 $702,989 $214,941
2021 $938,768 $904,321 $858,048 $34,447
2020 $554,407 $666,596 $579,353 $-112,189
2019 $1,299,081 $1,376,812 $921,227 $-77,731
2019 $1,382,399 $1,389,544 $986,308 $-7,145
2018 $1,317,782 $1,347,655 $771,339 $-29,873
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