Vfa promotes stewardship and wise use of the commonwealth's forest resources for the economic and environmental benefits of all virginians.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
68¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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 deficit $14K a year · 2% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
6 mo
of spending, in cash
Looks good: 6.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$110K
15% of total assets
Looks good: liabilities are 15% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$631K
-13% vs prior year
Spent
$632K
To programs
68%
Net assets
$623K
By yearFY2020–FY2024
Revenue
$631K
FY2024▼ -13%
Tap a bar for its year
Revenue by fiscal year
FY2020$496K
FY2021$559K
FY2022$564K
FY2023$723K
FY2024$631K
Expenses
$632K
FY2024▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2020$457K
FY2021$582K
FY2022$679K
FY2023$694K
FY2024$632K
Net assets
$623K
FY2024-0.1%
Tap a bar for its year
Net assets by fiscal year
FY2020$731K
FY2021$708K
FY2022$594K
FY2023$624K
FY2024$623K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1944.

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

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $429K Management & general 32% · $204K

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

15 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Past Preside
$0Pt VII · Sec A
$0Pt VII · Sec A

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

NameFY2023FY2022FY2021FY2020
Corey Connors$119,281$113,975$114,125$116,600

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 Forestry Association executive salaries →

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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 15aYes

Programs and updates

Promotes wise use of forest resources for economic and environmental benefits.

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Provided by the organization

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3 programs · $429K · in their own filed words · FY2024
01

Annual and Fall Meetings

To provide seminars and programs on pertinent forestry topics, and to provide opportunities for fellowship with forestry leaders from around the state.

$164Kprogram expense
02

Other Programs

To include the sustainable forestry initiative, which assists companies, loggers, and landowners in improving forestry practices; project learning tree, which is an internationally renowned forestry and environmental education program for k-12 students and directlty supports the virginia standards of learning; and the publication of the…

$141Kprogram expense
03

Legislative Activities

To educate the virginia general assembly, U.S. Congress, and local governments about the forestry industry and its impact on the environment and economy.

$124Kprogram 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$6K
Grants paid · 6 grants · $245K · 2020–2024
Virginia Polytechnic InstituteFY2024$48,000
Virginia Polytechnic InstituteFY2023$48,000
Virginia Polytechnic InstituteFY2022$48,000
Virginia Polytechnic InstituteFY2021$48,000
Virginia Polytechnic Institute and State UniversityFY2020$48,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$631K
Ln 12
Gifts and grantsLn 1h$315K
Fees for servicesLn 2g$306K
Investment incomeLn 3$5K
Money outPt IX
$632K
Ln 25
Programscol B$429K
Managementcol C$204K
Owns and owesPt X
$623K
net assets · Ln 32
Cash and savingsLn 1–2$340K
Total assetsLn 16$733K
LiabilitiesLn 26$110K
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$315K
Fees for servicesLn 2g$306K
Investment incomeLn 3$5K
Other incomeLn 4–11$5K
Total revenueLn 12$631K
Assets in detailPt X, end of year
CashLn 1$28K
SavingsLn 2$311K
Cash and savings togetherLn 1–2$340K
Land, buildings, equipmentLn 10c$365K
Other assetsLn 15$784
Total assetsLn 16$733K
LiabilitiesLn 26$110K
Net assetsLn 32$623K
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$337K$340K
Land, buildings, equipmentLn 10c$369K$365K
Total assetsLn 16$720K$733K
LiabilitiesLn 26$97K$110K
Net assetsLn 32$624K$623K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$52K$52K
Pay of disqualified personsLn 6$85K$42K$42K
Other salaries and wagesLn 7$124K$64K$60K
Pension plan contributionsLn 8$2K$1K$1K
Other employee benefitsLn 9$21K$11K$10K
Payroll taxesLn 10$16K$8K$8K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$10K$100$10K
Advertising and promotionLn 12$440$440
Office expensesLn 13$50K$22K$28K
OccupancyLn 16$55K$41K$14K
Depreciation, depletion and amortizationLn 22$15K$8K$8K
InsuranceLn 23$4K$2K$2K
Other expenses (24a–d)Ln 24$168K$158K$11K
All other expensesLn 24e$23K$19K$4K
Total functional expensesLn 25$632K$429K$204K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $631K$632K−$813$623K 990 PDF
FY2023 $723K$694K$30K$624K 990 PDF
FY2022 $564K$679K−$114K$594K 990 PDF
FY2021 $559K$582K−$23K$708K 990 PDF
FY2020 $496K$457K$39K$731K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $631,399 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $376,026$315,066
I-9 Program service revenuePrior year $335,857$306,327
I-10 Investment incomePrior year $4,488$5,246
I-11 Other revenuePrior year $6,901$4,760
I-12 Total revenuePrior year $723,272$631,399
I-13 Grants and similar amounts paidPrior year $51,450$51,650
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $310,299$247,873
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $331,780$332,689
I-18 Total expensesPrior year $693,529$632,212
I-19 Revenue less expensesPrior year $29,743−$813
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $631,399 across 8 lines filed
Lines not itemized here account for $3,363 of total revenue; see the IRS return.
VIII-1b Membership dues$293,211
VIII-1f All other contributions, gifts and grants$21,855
VIII-1h Total contributions, gifts and grants$315,066
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $302,964$302,964
VIII-3 Investment incomeExcluded from tax $5,246$5,246
VIII-5 RoyaltiesExcluded from tax $4,320$4,320
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $440$440
VIII-12 Total revenueRelated to mission $306,767 · Excluded from tax $9,566$631,399
Part IX · Statement of functional expenses $632,212 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $51,650$51,650
IX-6 Pay of disqualified personsPrograms $42,337 · Management $42,337$84,674
IX-7 Other salaries and wagesPrograms $64,080 · Management $59,658$123,738
IX-8 Pension plan contributionsPrograms $1,300 · Management $1,200$2,500
IX-9 Other employee benefitsPrograms $10,811 · Management $9,979$20,790
IX-10 Payroll taxesPrograms $8,233 · Management $7,938$16,171
IX-11c Accounting feesManagement $5,250$5,250
IX-11g Other fees for servicesPrograms $100 · Management $10,204$10,304
IX-12 Advertising and promotionPrograms $440$440
IX-13 Office expensesPrograms $21,721 · Management $28,402$50,123
IX-16 OccupancyPrograms $41,127 · Management $14,369$55,496
IX-22 Depreciation, depletion and amortizationPrograms $7,722 · Management $7,628$15,350
IX-23 InsurancePrograms $2,057 · Management $2,032$4,089
IX-24 Other expenses (24a–d)Programs $157,612 · Management $10,572$168,184
IX-24e All other expensesPrograms $19,383 · Management $4,070$23,453
IX-25 Total functional expensesPrograms $428,573 · Management $203,639 · Fundraising $0$632,212
Part X · Balance sheet $732,800 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $43,329$28,154
X-2 Savings and temporary cash investmentsStart of year $293,268$311,369
X-4 Accounts receivableStart of year $5,164$15,070
X-9 Prepaid expenses and deferred chargesStart of year $8,495$12,400
X-10c Land, buildings and equipment, netStart of year $369,361$365,023
X-15 Other assetsStart of year $784$784
X-16 Total assetsStart of year $720,401$732,800
X-17 Accounts payable and accrued expensesStart of year $7,450$16,537
X-19 Deferred revenueStart of year $88,596$83,293
X-25 Other liabilities$10,112
X-26 Total liabilitiesStart of year $96,730$109,942
X-27 Net assets without donor restrictionsStart of year $559,983$559,170
X-28 Net assets with donor restrictionsStart of year $63,688$63,688
X-32 Total net assets or fund balancesStart of year $623,671$622,858
X-33 Total liabilities and net assetsStart of year $720,401$732,800
Part XI · Reconciliation of net assets $622,858 net assets at year end
XI-1 Total revenue$631,399
XI-2 Total expenses$632,212
XI-3 Revenue less expenses−$813
XI-4 Net assets at start of year$623,671
XI-10 Net assets at end of year$622,858

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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