VADA CHARITABLE FOUNDATION INC

EIN: 562381970 501(c)(3) Education

RICHMOND, VA

Total Revenue
$75,990
Total Expenses
$47,239
Total Assets
$779,158
Net Assets
$775,658
🔒

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
2004
Legal Domicile
VA
Principal Officer
DONALD L HALL
Phone
8045453019
Tax Period
2024-07-01 to 2025-06-30

VADA CHARITABLE FOUNDATION INC, founded in 2004, is a micro nonprofit in the Education sector that reported $93K in total revenue in fiscal year 2017. Expenses of $89K left a modest 3% surplus.

Mission

VADA CHARITABLE FOUNDATION, INC. WAS ESTABLISHED TO PROVIDE SCHOLARSHIPS AS WELL AS TO CONDUCT EDUCATIONAL, SAFETY AND RESEARCH ACTIVITIES.

🔒

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 $48,110
Program Service Revenue $0
Investment Income $27,880
Other Revenue $0
TOTAL REVENUE $75,990

Expense Breakdown

Grants Paid $0
Salaries & Benefits $42,000
Fundraising Expenses $0
Program Expenses $42,000
Other Expenses $5,239
TOTAL EXPENSES $47,239

Year-over-Year Comparison

2024 2023 Change
Revenue $75,990 $79,597 0.0%
Expenses $47,239 $58,300 -0.2%
Net Income $28,751 $21,297 +0.4%
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
6
Independent Members
5
Employees
N/A
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
5
$991,936
Total Directors
8
$991,936
Key Employees
3
$580,245
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID DILLON DIRECTOR 0.00
Director
$0 $0 $0
DONALD L HALL PRESIDENT 1.00
Officer Director
$0 $90,961 $991,936
DAN BANISTER CHAIRMAN 0.00
Officer Director
$0 $0 $0
ROGER KELLER VICE CHAIRMAN 0.00
Officer Director
$0 $0 $0
ELEY DUKE TREASURER 0.00
Officer Director
$0 $0 $0
JOHN ALTMAN SECRETARY 0.00
Officer Director
$0 $0 $0
CHRIS LINDSAY DIRECTOR 0.00
Director
$0 $0 $0
TIM POHANKA DIRECTOR 0.00
Director
$0 $0 $0
MICHAEL BURCH CFO 1.00
Key Emp
$0 $22,619 $172,813
ANNE GAMBARDELLA EXECUTIVE VICE PRESIDENT 1.00
Key Emp
$0 $26,448 $225,379
STEVE HOFFMAN EXECUTIVE VICE PRESIDENT 1.00
Key Emp
$0 $29,224 $182,053
NATALIE TOLER VICE PRESIDENT 1.00
Highest
$0 $18,201 $127,892
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 $75,990 $47,239 $779,158 $28,751
2024 $79,597 $58,300 $727,284 $21,297
2023 $94,540 $52,374 $678,858 $42,166
2022 $65,697 $58,522 $622,899 $7,175
2021 $72,444 $49,745 $662,432 $22,699
2020 $99,839 $62,200 $603,242 $37,639
2019 $76,635 $62,878 $570,143 $13,757
2018 $92,548 $89,454 $535,961 $3,094
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare VADA CHARITABLE FOUNDATION INC with other nonprofits in Virginia and across the country.