Virginia Library Association FY2021 filing

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The purpose of the Virginia Library Association shall be to develop, promote, and improve Library and information services, Library staff, and the profession of librarianship in order to advance literacy and learning and to ensure access to information in the commonwealth of virgina.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
$102K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $6K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$102K
to officers and key staff · 31% of spending
Concern: pay to officers and key staff is 31% of spending; over 30%.
Pt VII · Sec A
3 mo
of spending, in cash
Plus $438K in investments, Pt X · Ln 11–13
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$301K
+71% vs prior year
Spent
$335K
To programs
63%
Net assets
$528K
By yearFY2020–FY2024
Revenue
$301K
FY2021▲ +71%
Tap a bar for its year
Revenue by fiscal year
FY2020$176K
FY2021$301K
FY2022$412K
FY2023$533K
FY2024$492K
Expenses
$335K
FY2021▲ +59%
Tap a bar for its year
Expenses by fiscal year
FY2020$211K
FY2021$335K
FY2022$414K
FY2023$488K
FY2024$435K
Net assets
$528K
FY2021▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$515K
FY2021$528K
FY2022$432K
FY2023$526K
FY2024$617K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1978.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $210K Management & general 35% · $119K Fundraising 2% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990; $102K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$102,461Pt VII · Sec A
Board Treasu
$0Pt VII · Sec A
Board Secret
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Vice P
$0Pt VII · Sec A
President El
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Lisa Varga$121,958$116,151$109,667$102,461$99,962

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Virginia Library Association executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Develops, promotes, and improves library services and librarianship to advance literacy and ensure information access.

Questions for Virginia Library Association

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3 programs · $210K · in their own filed words · FY2021
01

Conferences and Forums

Continuing education opportunities and bringing together members to further educational and literacy goals.

$157Kprogram expense
02

Promoting, monitoring, and research

$45Kprogram expense
03

Grants & scholarships to 3 individuals

$8Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$10K
Grants paid · 5 grants · $42K · 2020–2024
Unitemized GrantFY2024$9,000
Unitemized GrantFY2023$9,000
Unitemized GrantFY2022$9,000
Unitemized GrantFY2021$7,500
Unitemized GrantFY2020$7,500

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$301K
Ln 12
Gifts and grantsLn 1h$150K
Fees for servicesLn 2g$121K
Investment incomeLn 3$29K
Money outPt IX
$335K
Ln 25
Programscol B$210K
Managementcol C$119K
Fundraisingcol D$6K
Owns and owesPt X
$528K
net assets · Ln 32
Cash and savingsLn 1–2$84K
Total assetsLn 16$530K
LiabilitiesLn 26$2K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$150K
Fees for servicesLn 2g$121K
Investment incomeLn 3$29K
Other incomeLn 4–11$695
Gains on assetsLn 7$25K
Total revenueLn 12$301K
Assets in detailPt X, end of year
CashLn 1$53K
SavingsLn 2$30K
Cash and savings togetherLn 1–2$84K
InvestmentsLn 11–13$438K
Land, buildings, equipmentLn 10c$920
Total assetsLn 16$530K
LiabilitiesLn 26$2K
Net assetsLn 32$528K
OperationsPt I, VI
EmployeesI 51
VolunteersI 640
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$127K$84K
InvestmentsLn 11–13$389K$438K
Land, buildings, equipmentLn 10c$2K$920
Total assetsLn 16$518K$530K
LiabilitiesLn 26$2K$2K
Net assetsLn 32$515K$528K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$8K$8K
Pay of current officers, directors and key staffLn 5$102K$10K$87K$5K
Other employee benefitsLn 9$16K$2K$13K$781
Payroll taxesLn 10$8K$788$7K$394
Accounting feesLn 11c$5K$5K
Lobbying feesLn 11d$3K$3K
Other fees for servicesLn 11g$45K$45K
Advertising and promotionLn 12$520$520
Office expensesLn 13$10K$7K$3K
Information technologyLn 14$10K$10K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$117K$117K
Payments to affiliatesLn 21$298$298
Depreciation, depletion and amortizationLn 22$613$613
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$5K$5K
Total functional expensesLn 25$335K$210K$119K$6K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Oct 15, 2025 $492K$435K$56K$617K 990 PDF
FY2023Filed with the IRS Nov 7, 2024 $533K$488K$44K$526K 990 PDF
FY2022Filed with the IRS Oct 10, 2023 $412K$414K−$3K$432K 990 PDF
FY2021 ViewingFiled with the IRS Sep 21, 2022 $301K$335K−$35K$528K 990 PDF
FY2020Filed with the IRS May 17, 2021 $176K$211K−$35K$515K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $300,607 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $134,417$149,533
I-9 Program service revenuePrior year $21,542$120,944
I-10 Investment incomePrior year $19,463$29,435
I-11 Other revenuePrior year $426$695
I-12 Total revenuePrior year $175,848$300,607
I-13 Grants and similar amounts paidPrior year $8,000$7,500
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $107,611$125,956
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $94,991$201,743
I-18 Total expensesPrior year $210,602$335,199
I-19 Revenue less expensesPrior year −$34,754−$34,592
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $300,607 across 8 lines filed
VIII-1b Membership dues$142,008
VIII-1f All other contributions, gifts and grants$7,525
VIII-1h Total contributions, gifts and grants$149,533
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $120,944$120,944
VIII-3 Investment incomeExcluded from tax $4,256$4,256
VIII-7 Net gain or loss on sales of assetsExcluded from tax $25,179$25,179
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $695$695
VIII-12 Total revenueRelated to mission $121,639 · Excluded from tax $29,435$300,607
Part IX · Statement of functional expenses $335,199 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $7,500$7,500
IX-5 Pay of current officers, directors and key staffPrograms $10,246 · Management $87,092 · Fundraising $5,123$102,461
IX-9 Other employee benefitsPrograms $1,561 · Management $13,273 · Fundraising $781$15,615
IX-10 Payroll taxesPrograms $788 · Management $6,698 · Fundraising $394$7,880
IX-11c Accounting feesManagement $5,370$5,370
IX-11d Lobbying feesPrograms $2,512$2,512
IX-11g Other fees for servicesPrograms $45,335$45,335
IX-12 Advertising and promotionPrograms $520$520
IX-13 Office expensesPrograms $6,814 · Management $3,356$10,170
IX-14 Information technologyPrograms $10,032$10,032
IX-17 TravelPrograms $1,760$1,760
IX-19 Conferences, conventions and meetingsPrograms $116,877$116,877
IX-21 Payments to affiliatesPrograms $298$298
IX-22 Depreciation, depletion and amortizationPrograms $613$613
IX-23 InsuranceManagement $2,988$2,988
IX-24 Other expenses (24a–d)Programs $5,268$5,268
IX-25 Total functional expensesPrograms $210,124 · Management $118,777 · Fundraising $6,298$335,199
Part X · Balance sheet $530,389 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $64,330$53,386
X-2 Savings and temporary cash investmentsStart of year $62,714$30,459
X-9 Prepaid expenses and deferred charges$7,190
X-10c Land, buildings and equipment, netStart of year $1,533$920
X-11 Publicly traded securitiesStart of year $389,039$438,434
X-16 Total assetsStart of year $517,616$530,389
X-17 Accounts payable and accrued expensesStart of year $2,379$2,033
X-26 Total liabilitiesStart of year $2,379$2,033
X-27 Net assets without donor restrictionsStart of year $515,237$528,356
X-32 Total net assets or fund balancesStart of year $515,237$528,356
X-33 Total liabilities and net assetsStart of year $517,616$530,389
Part XI · Reconciliation of net assets $528,356 net assets at year end
XI-1 Total revenue$300,607
XI-2 Total expenses$335,199
XI-3 Revenue less expenses−$34,592
XI-4 Net assets at start of year$515,237
XI-5 Net unrealized gains (losses) on investments$47,711
XI-10 Net assets at end of year$528,356

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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