The Virginia Home Foundation

EIN: 931619575 501(c)(3) Human Services

Richmond, VA

Total Revenue
$4,783,159
Total Expenses
$556,213
Total Assets
$122,884,171
Net Assets
$7,973,152
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
VA
Phone
8043594093
Tax Period
2024-01-01 to 2024-12-31

The Virginia Home Foundation, founded in 2023, is a community nonprofit in the Human Services sector that reported $4.8M in total revenue in fiscal year 2024. The organization ran a surplus of $4.2M, a strong 88% operating margin.

Mission

The Virginia Home Foundation serves as a supporting organization dedicated to advancing the mission of The Virginia Home.

Program Service Accomplishments

Program 1

The Board of Directors meets each quarter to review matters of the Foundation, such as the investment policies, fund managers, and portfolio performance. The Foundation also meets as needed to...

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The Board of Directors meets each quarter to review matters of the Foundation, such as the investment policies, fund managers, and portfolio performance. The Foundation also meets as needed to address and act upon other issues.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,398,101
Program Service Revenue $0
Investment Income $3,385,058
Other Revenue $0
TOTAL REVENUE $4,783,159

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $556,213
TOTAL EXPENSES $556,213

Year-over-Year Comparison

2024 2023 Change
Revenue $4,783,159 N/A N/A
Expenses $556,213 N/A N/A
Net Income $4,226,946 $0 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

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
11

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
4
$324,982
Total Directors
11
$324,982
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joseph C Fisher Treasurer 2.0
Officer Director
$0 $60,884 $246,778
Kirsti Goodwin Chair 2.0
Officer Director
$0 $0 $0
Laura Stewart Ex-Officio 2.0
Officer Director
$0 $0 $0
Susan Scoven Secretary 2.0
Officer Director
$0 $13,988 $78,204
Bryan Durand Trustee 2.0
Director
$0 $0 $0
Charles Honey Trustee 2.0
Director
$0 $0 $0
Ethan Lindbloom Trustee 2.0
Director
$0 $0 $0
Kate McCauley Trustee 2.0
Director
$0 $0 $0
Susan Gooden Trustee 2.0
Director
$0 $0 $0
Tom Tullidge Trustee 2.0
Director
$0 $0 $0
Vonnie Stoneburner Trustee 2.0
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
2024 $4,783,159 $556,213 $122,884,171 $4,226,946
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