VIRGINIA OUTDOOR ADVENTURE INC

EIN: 814736517 501(c)(3) Youth Development

VIRGINIA BEACH, VA

Total Revenue
$1,569,979
Total Expenses
$166,291
Total Assets
$7,438,122
Net Assets
$7,438,122
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
VA
Principal Officer
LINDA J THORP
Phone
7574641069
Tax Period
2020-01-01 to 2020-12-31

VIRGINIA OUTDOOR ADVENTURE INC, founded in 2016, is a community nonprofit in the Youth Development sector that reported $1.6M in total revenue in fiscal year 2020. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 89% operating margin.

Mission

THE OVERALL OBJECTIVE OF VOA IS TO IMPROVE THE QUALITY OF LIFE FOR YOUTH IN OUR COMMUNITY BY PROVIDING OPPORTUNITIES TO EXPERIENCE OUTDOOR ACTIVITIES. WE ACCOMPLISH THIS BY OPERATING ONE OR MORE OUTDOOR CAMPS OR ACTIVITIES FOR THE PURPOSE OF ENHANCING EMOTIONAL,

Program Service Accomplishments

Program 1
Expenses: $81,245

IN LATE 2019 AND THROUGHOUT 2020 WE OFFERED NRA RIFLE, PISTOL AND SHOTGUN SAFETY TRAINING AND SKILLS DEVELOPMENT. SUBSEQUENTLY, WE OFFERED THE YOUTH OPPORTUNITIES TO DEVELOP THEIR SHOOTING SKILLS AND...

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IN LATE 2019 AND THROUGHOUT 2020 WE OFFERED NRA RIFLE, PISTOL AND SHOTGUN SAFETY TRAINING AND SKILLS DEVELOPMENT. SUBSEQUENTLY, WE OFFERED THE YOUTH OPPORTUNITIES TO DEVELOP THEIR SHOOTING SKILLS AND EARN VARIOUS LEVELS OF THE NRA/WINCHESTER MARKSMANSHIP AWARDS. THIS WAS POSSIBLE AS THE "RANGE TIME" FOR SHOOTING SKILLS DEVELOPMENT WERE CONDUCTED ON A 1:1 RATIO FOR INSTRUCTOR AND PARTICIPANT.

Program 2
Expenses: $5,803

WITH THE ARRIVAL OF THE COVID-19 PANDEMIC OUR SAILING, BOATING AND CAMPING PROGRAMS WERE CANCELLED FOR THE MOST PART IN 2020.

Program 3
Expenses: $29,016

TOWARDS THE END OF 2020 WE MANAGED TO START MEETING IN SMALLER GROUPS (LESS THAN 10 PEOPLE) AND THE YOUTH STARTED PLANNING THEIR 2021 ACTIVITIES IN THE HOPE THAT THE COVID SOCIAL DISTANCING RULES...

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TOWARDS THE END OF 2020 WE MANAGED TO START MEETING IN SMALLER GROUPS (LESS THAN 10 PEOPLE) AND THE YOUTH STARTED PLANNING THEIR 2021 ACTIVITIES IN THE HOPE THAT THE COVID SOCIAL DISTANCING RULES WILL RELAX IN 2021.

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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 (2020)

Revenue Breakdown

Contributions & Grants $1,427
Program Service Revenue $0
Investment Income $1,554,552
Other Revenue $14,000
TOTAL REVENUE $1,569,979

Expense Breakdown

Grants Paid $6,760
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $116,064
Other Expenses $159,531
TOTAL EXPENSES $166,291

Year-over-Year Comparison

2020 2019 Change
Revenue $1,569,979 $1,035,219 +0.5%
Expenses $166,291 $84,996 +1.0%
Net Income $1,403,688 $950,223 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
6

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELLY R THORP PRESIDENT 20.00
Officer Director
$0 $0 $0
LINDA J THORP VICE PRESIDENT 12.00
Officer Director
$0 $0 $0
TINA RIDGEWAY TREASURER 5.00
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
2020 $1,569,979 $166,291 $7,438,122 $1,403,688
2019 $1,035,219 $84,996 $6,647,277 $950,223
2018 $4,608,212 $114,214 $4,807,393 $4,493,998
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