VIRGINIA COUNSELORS ASSOCIATION (EIN 546076167) - 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

1930

Legal Domicile

Principal Officer

LAKESHA RONEY

Phone

5405870970

Tax Period

2024-07-01 to 2025-06-30

VIRGINIA COUNSELORS ASSOCIATION, founded in 1930, is a small nonprofit that reported $222K in total revenue in fiscal year 2017. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $199K left a modest 10% surplus.

Mission

MEET THE NEEDS OF VIRGINIA COUNSELORS IN WORK SETTINGS; RESPOND TO STATEWIDE ISSUES; PROVIDE PROFESSIONAL INTERACTION AT STATE AND LOCAL LEVELS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $81,299

Program Service Revenue $209,950

Investment Income $108

Other Revenue $0

TOTAL REVENUE $291,357

Expense Breakdown

Grants Paid $0

Salaries & Benefits $75,138

Fundraising Expenses $0

Other Expenses $251,145

TOTAL EXPENSES $326,283

Year-over-Year Comparison

	2024	2023	Change
Revenue	$291,357	$286,300	+0.0%
Expenses	$326,283	$310,996	+0.0%
Net Income	$-34,926	$-24,696	+0.4%

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

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

$68,700

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAKESHA RONEY	PRESIDENT	50.00	Officer Director	$0	$0	$0
MIKE TAKACS	IMMEDIATE PAST PRESIDENT	20.00	Officer Director	$0	$0	$0
ROBERT FROEHLICH	SECRETARY	5.00	Officer Director	$0	$0	$0
LESLIE STACHELSKI	TREASURER	5.00	Officer Director	$0	$0	$0
CORY GERWE	PRESIDENT - ELECT	20.00	Officer Director	$0	$0	$0
TYLER CABATIC	SECRETARY - ELECT	5.00	Officer Director	$0	$0	$0
BETHANY LACKEY	TREASURER - ELECT	5.00	Officer Director	$0	$0	$0
CHRIS BARNES	BOARD MEMBER	5.00	Director	$0	$0	$0
ALICA DUHON	BOARD MEMBER	5.00	Director	$0	$0	$0
JOAN MONAHAN	CHAPTER PRESIDENT	5.00	Director	$0	$0	$0
OLIVIA GILLIES	CHAPTER PRESIDENT	5.00	Director	$0	$0	$0
CHARNETTA WATERS	CHAPTER PRESIDENT	5.00	Director	$0	$0	$0
MICHELLE SMITH	CHAPTER PRESIDENT	5.00	Director	$0	$0	$0
TAMARA HEFT	CHAPTER PRESIDENT	5.00	Director	$0	$0	$0
MARGARITA MARTINEZ	CHAPTER PRESIDENT	5.00	Director	$0	$0	$0
JESSICA HOUSTON	CHAPTER PRESIDENT	5.00	Director	$0	$0	$0
VALERIE STOLICKER	CHAPTER PRESIDENT	5.00	Director	$0	$0	$0
SARAH TRACY	CHAPTER PRESIDENT	5.00	Director	$0	$0	$0
CARLTON HENDERSON	CHAPTER PRESIDENT	5.00	Director	$0	$0	$0
JENNIFER GOBBLE	CHAPTER PRESIDENT	5.00	Director	$0	$0	$0
BRITTANY KRACKOW	CHAPTER PRESIDENT	5.00	Director	$0	$0	$0
HEATHER HONAKER	SPECIAL INTEREST PRESIDENT	5.00	Director	$0	$0	$0
SHEKILA MELCHIOR	SPECIAL INTEREST PRESIDENT	5.00	Director	$0	$0	$0
JUSTIN JORDAN	SPECIAL INTEREST PRESIDENT	5.00	Director	$0	$0	$0
BRITTANY SUGGS	SPECIAL INTEREST PRESIDENT	5.00	Director	$0	$0	$0
NAOMI WHEELER	SPECIAL INTEREST PRESIDENT	5.00	Director	$0	$0	$0
ANDREA JOSEPHS	SPECIAL INTEREST PRESIDENT	5.00	Director	$0	$0	$0
ANAID SHAVER	SPECIAL INTEREST PRESIDENT	5.00	Director	$0	$0	$0
TERRI MASON	SPECIAL INTEREST PRESIDENT	5.00	Director	$0	$0	$0
ELIZABETH HUNTER	SPECIAL INTEREST PRESIDENT	5.00	Director	$0	$0	$0
SHELLI FARQUHARSON	SPECIAL INTEREST PRESIDENT	5.00	Director	$0	$0	$0
VICKY WHEELER	EXECUTIVE DIRECTOR	40.00	Officer	$68,700	$0	$68,700

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	$291,357	$326,283	$145,517	$-34,926
2024	$286,300	$310,996	$180,443	$-24,696
2023	$300,917	$257,344	$205,140	$43,573
2022	$179,445	$157,096	$161,567	$22,349
2021	$203,113	$172,147	$139,219	$30,966
2020	$239,803	$226,682	$108,253	$13,121
2019	$238,464	$216,529	$95,132	$21,935
2018	$221,830	$199,135	$73,197	$22,695

VIRGINIA COUNSELORS ASSOCIATION