VIRGINIA ASSOCIATION OF AREA AGENCIES ON AGING INC (EIN 581593776) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

ELDON JAMES

Phone

8046442804

Tax Period

2023-07-01 to 2024-06-30

VIRGINIA ASSOCIATION OF AREA AGENCIES ON AGING INC, founded in 1978, is a small nonprofit that reported $417K in total revenue in fiscal year 2018. Revenue decreased 10% compared to the prior year.

Mission

THE VIRGINIA ASSOCIATION OF AREA AGENCIES ON AGING MAXIMIZES THE CAPACITY OF ITS MEMBER AGENCIES TO ENHANCE THE QUALITY OF LIFE FOR ALL VIRGINIANS BY ENRICHING THE LIVES OF OLDER ADULTS, INDIVIDUALS WITH DISABILITIES, CAREGIVERS AND COMMUNITIES IN NEED OF SUPPORT AND SERVICES.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $718,021

Program Service Revenue $63,904

Investment Income $1,204

Other Revenue $0

TOTAL REVENUE $783,129

Expense Breakdown

Grants Paid $231,763

Salaries & Benefits $194,259

Fundraising Expenses $0

Program Expenses $690,572

Other Expenses $336,255

TOTAL EXPENSES $762,277

Year-over-Year Comparison

	2023	2022	Change
Revenue	$783,129	$935,749	-0.2%
Expenses	$762,277	$937,870	-0.2%
Net Income	$20,852	$-2,121	-10.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

179

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBORAH SILVERMAN	DIRECTOR	1.00	Director	$0	$0	$0
RON BOYD	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
ELDON JAMES	ASSOCIATION	40.00	Officer	$0	$0	$0
AMY STRITE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL WAMPLER	DIRECTOR	1.00	Director	$0	$0	$0
TINA KING	DIRECTOR	1.00	Director	$0	$0	$0
BETH BLAND	DIRECTOR	1.00	Director	$0	$0	$0
RHIANNON POWERS	2ND VICE PRE	1.00	Officer Director	$0	$0	$0
CHRISTOPHER MOORE	DIRECTOR	1.00	Director	$0	$0	$0
JIMMY ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
TERESA FONTAINE	DIRECTOR	1.00	Director	$0	$0	$0
JUSTINE YOUNG	SECRETARY	1.00	Officer Director	$0	$0	$0
PATRICIA HOLLAND	DIRECTOR	1.00	Director	$0	$0	$0
KATHY VESLEY	DIRECTOR	1.00	Director	$0	$0	$0
HAROLD SAYLES	1ST VICE PRE	1.00	Officer Director	$0	$0	$0
TRICIA BUDINE	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM MASSEY	DIRECTOR	1.00	Director	$0	$0	$0
TARA TURNER	TREASURER	1.00	Officer Director	$0	$0	$0
DONNA SMITH	DIRECTOR	1.00	Director	$0	$0	$0
MARTA KEANE	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRIAN BECK	DIRECTOR	1.00	Director	$0	$0	$0
HELEN KING	DIRECTOR	1.00	Director	$0	$0	$0
JOSHUA LEE	DIRECTOR	1.00	Director	$0	$0	$0
SHERYL REINSTROM	DIRECTOR	1.00	Director	$0	$0	$0
MARVALENE JOHNSON	DIRECTOR	1.00	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	No data	No data	No data	No data
2024	$783,129	$762,277	$368,820	$20,852
2023	$935,749	$937,870	$368,429	$-2,121
2022	$499,289	$486,284	$141,897	$13,005
2021	$490,405	$495,529	$134,537	$-5,124
2020	$481,578	$478,100	$131,587	$3,478
2019	$417,310	$438,008	$127,339	$-20,698

VIRGINIA ASSOCIATION OF AREA AGENCIES ON AGING INC