Virginia Beach Library Foundation
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Supports Virginia Beach libraries by raising, managing, and investing funds. For fiscal year 2025 it reported $146K in revenue, $113K in expenses, and $1.8M in net assets.Pt I
Summary of the Filing
Where the work happens
Support of virginia beach public library's youth and family services programming, including the summer reading challenge
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 68% | — | — |
| Overhead ratio | 26% | — | — |
| Fundraising cost ratio | 9% | — | — |
| Revenue growth | -8% | — | — |
| Investment management fee ratio | 1% | — | — |
| Accounting fee ratio | 6% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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