VIRGINIA COUNCIL FOR PRIVATE EDUCATION (EIN 541899879) - 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

1974

Legal Domicile

Principal Officer

GRACE CREASEY

Tax Period

2023-07-01 to 2024-06-30

VIRGINIA COUNCIL FOR PRIVATE EDUCATION, founded in 1974, is a small nonprofit in the Education sector that reported $233K in total revenue in fiscal year 2017. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $271K exceeded revenue, resulting in a 16% operating deficit.

Mission

TO ADVANCE EXCELLENCE IN PRIVATE EDUCATION THROUGH ADVOCACY AND ACCREDITATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $496,316

Program Service Revenue $2,574

Investment Income $6,484

Other Revenue $350

TOTAL REVENUE $505,724

Expense Breakdown

Grants Paid $0

Salaries & Benefits $238,893

Fundraising Expenses $0

Program Expenses $270,854

Other Expenses $197,308

TOTAL EXPENSES $436,201

Year-over-Year Comparison

	2023	2022	Change
Revenue	$505,724	N/A	N/A
Expenses	$436,201	N/A	N/A
Net Income	$69,523	N/A	N/A

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

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

$115,885

Total Directors

$115,885

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GRACE CREASEY	EXECUTIVE DIRECTOR	40.00	Officer Director	$115,885	$0	$115,885
HENRY BROADDUS	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH OBERREITER	DIRECTOR	1.00	Director	$0	$0	$0
JANET ARMSTRONG	DIRECTOR	1.00	Director	$0	$0	$0
JESSE HAINES	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH VORBACK	DIRECTOR	1.00	Director	$0	$0	$0
JESSE GRAPES	DIRECTOR	1.00	Director	$0	$0	$0
TOM KOLB	DIRECTOR	1.00	Director	$0	$0	$0
TOM BURKETT	DIRECTOR	1.00	Director	$0	$0	$0
TOBI MANKE	DIRECTOR	1.00	Director	$0	$0	$0
DARYL HAGEN	DIRECTOR	1.00	Director	$0	$0	$0
ADAM BRICK	DIRECTOR	1.00	Director	$0	$0	$0
BETSY JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
PAT CUNEO	DIRECTOR	1.00	Director	$0	$0	$0
JERRY BALDWIN	DIRECTOR	1.00	Director	$0	$0	$0
SHERYL JO	DIRECTOR	1.00	Director	$0	$0	$0
CLAYTON PETRY	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH WHITLEY	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS BELYEU	DIRECTOR	1.00	Director	$0	$0	$0
JIM GRILLO	DIRECTOR	1.00	Director	$0	$0	$0
GARY JONES	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE CANTERBURY	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
TOM SPENCER	TREASURER	1.00	Officer Director	$0	$0	$0
DAN RUFO	VICE CHAIR	1.00	Officer Director	$0	$0	$0
STEVE LINDQUIST	BOARD CHAIR	1.00	Officer 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	No data	No data	No data	No data
2024	$505,724	$436,201	$953,953	$69,523
2023	$433,715	$447,670	$487,908	$-13,955
2022	$506,696	$377,975	$481,472	$128,721
2021	$368,328	$334,135	$358,619	$34,193
2020	$402,676	$311,332	$326,480	$91,344
2018	$233,374	$271,195	$155,024	$-37,821

VIRGINIA COUNCIL FOR PRIVATE EDUCATION