Virginia Forestry Association FY2022 filing

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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.
67¢ of each $1 spent went to programs.
$114K 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

FY2022 · 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
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$114K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 5.4 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
$118K
17% of total assets
Looks good: liabilities are 17% 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
$564K
+0.9% vs prior year
Spent
$679K
To programs
67%
Net assets
$594K
By yearFY2020–FY2024
Revenue
$564K
FY2022▲ +0.9%
Tap a bar for its year
Revenue by fiscal year
FY2020$496K
FY2021$559K
FY2022$564K
FY2023$723K
FY2024$631K
Expenses
$679K
FY2022▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2020$457K
FY2021$582K
FY2022$679K
FY2023$694K
FY2024$632K
Net assets
$594K
FY2022▼ -16%
Tap a bar for its year
Net assets by fiscal year
FY2020$731K
FY2021$708K
FY2022$594K
FY2023$624K
FY2024$623K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 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 Apr 1944.

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

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $454K Management & general 33% · $224K

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

16 people listed on the 990; $114K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$113,975Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$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 →

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.

Questions for Virginia Forestry Association

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Your first name shows with your question. Virginia Forestry Association answers here, for everyone.

3 programs · in their own filed words · FY2022
01

Project Learning Tree

An internationally renowned forestry and environmental educational program from k-12 students which reaches about 700 teachers annually in virginia. The PLT activities and modules directly support the virginia standards of learning.

Pt IX · col B
02

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.

Pt IX · col B
03

Sustainable Forestry Initiative

To assist companies, loggers, and landowners in improving forestry practices.

Pt IX · col B

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 FY2022 990, line by line.

1The main four
Money inPt VIII
$564K
Ln 12
Fees for servicesLn 2g$275K
Gifts and grantsLn 1h$264K
Other incomeLn 4–11$25K
Money outPt IX
$679K
Ln 25
Programscol B$454K
Managementcol C$224K
Owns and owesPt X
$594K
net assets · Ln 32
Cash and savingsLn 1–2$307K
Total assetsLn 16$712K
LiabilitiesLn 26$118K
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$264K
Fees for servicesLn 2g$275K
Investment incomeLn 3$571
Other incomeLn 4–11$25K
Total revenueLn 12$564K
Assets in detailPt X, end of year
CashLn 1$17K
SavingsLn 2$290K
Cash and savings togetherLn 1–2$307K
Accounts receivableLn 4$5K
Prepaid expenses and deferred chargesLn 9$13K
Land, buildings, equipmentLn 10c$386K
Other assetsLn 15$784
Total assetsLn 16$712K
LiabilitiesLn 26$118K
Net assetsLn 32$594K
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 FY22End FY22
Cash and savingsLn 1–2$390K$307K
Land, buildings, equipmentLn 10c$402K$386K
Total assetsLn 16$806K$712K
LiabilitiesLn 26$98K$118K
Net assetsLn 32$708K$594K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$56K$56K
Pay of current officers, directors and key staffLn 5$118K$59K$59K
Other salaries and wagesLn 7$150K$85K$65K
Pension plan contributionsLn 8$6K$3K$3K
Other employee benefitsLn 9$25K$13K$12K
Payroll taxesLn 10$21K$11K$10K
Accounting feesLn 11c$13K$13K
Other fees for servicesLn 11g$4K$115$4K
Office expensesLn 13$46K$21K$26K
OccupancyLn 16$35K$23K$12K
Depreciation, depletion and amortizationLn 22$16K$8K$8K
InsuranceLn 23$2K$1K$1K
Other expenses (24a–d)Ln 24$157K$154K$3K
All other expensesLn 24e$30K$21K$9K
Total functional expensesLn 25$679K$454K$224K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Oct 17, 2025 $631K$632K−$813$623K 990 PDF
FY2023Filed with the IRS Aug 19, 2024 $723K$694K$30K$624K 990 PDF
FY2022 ViewingFiled with the IRS Aug 8, 2023 $564K$679K−$114K$594K 990 PDF
FY2021Filed with the IRS Aug 11, 2022 $559K$582K−$23K$708K 990 PDF
FY2020Filed with the IRS Nov 10, 2021 $496K$457K$39K$731K 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 FY2022 990 (6 parts)
Part I · Summary $564,434 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $344,482$263,777
I-9 Program service revenuePrior year $191,074$275,012
I-10 Investment incomePrior year $556$571
I-11 Other revenuePrior year $23,215$25,074
I-12 Total revenuePrior year $559,327$564,434
I-13 Grants and similar amounts paidPrior year $56,000$56,079
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $306,572$319,181
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $219,564$303,521
I-18 Total expensesPrior year $582,136$678,781
I-19 Revenue less expensesPrior year −$22,809−$114,347
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 $564,434 across 8 lines filed
Lines not itemized here account for $4,048 of total revenue; see the IRS return.
VIII-1b Membership dues$252,907
VIII-1f All other contributions, gifts and grants$10,870
VIII-1h Total contributions, gifts and grants$263,777
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $270,964$270,964
VIII-3 Investment incomeExcluded from tax $571$571
VIII-5 RoyaltiesExcluded from tax $4,024$4,024
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $21,050$21,050
VIII-12 Total revenueRelated to mission $275,012 · Unrelated business $21,050 · Excluded from tax $4,595$564,434
Part IX · Statement of functional expenses $678,781 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $56,079$56,079
IX-5 Pay of current officers, directors and key staffPrograms $58,750 · Management $58,750$117,500
IX-7 Other salaries and wagesPrograms $84,640 · Management $65,152$149,792
IX-8 Pension plan contributionsPrograms $3,097 · Management $2,858$5,955
IX-9 Other employee benefitsPrograms $13,071 · Management $12,066$25,137
IX-10 Payroll taxesPrograms $11,138 · Management $9,659$20,797
IX-11c Accounting feesManagement $13,240$13,240
IX-11g Other fees for servicesPrograms $115 · Management $3,611$3,726
IX-13 Office expensesPrograms $20,540 · Management $25,734$46,274
IX-16 OccupancyPrograms $23,332 · Management $12,113$35,445
IX-22 Depreciation, depletion and amortizationPrograms $8,127 · Management $8,029$16,156
IX-23 InsurancePrograms $1,143 · Management $1,129$2,272
IX-24 Other expenses (24a–d)Programs $153,842 · Management $2,949$156,791
IX-24e All other expensesPrograms $20,612 · Management $9,005$29,617
IX-25 Total functional expensesPrograms $454,486 · Management $224,295 · Fundraising $0$678,781
Part X · Balance sheet $711,941 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $49,930$16,842
X-2 Savings and temporary cash investmentsStart of year $339,948$290,398
X-4 Accounts receivableStart of year $5,838$5,487
X-9 Prepaid expenses and deferred chargesStart of year $7,761$12,912
X-10c Land, buildings and equipment, netStart of year $401,673$385,518
X-15 Other assetsStart of year $784$784
X-16 Total assetsStart of year $805,934$711,941
X-17 Accounts payable and accrued expensesStart of year $20,906$20,002
X-19 Deferred revenueStart of year $70,361$94,720
X-23 Secured mortgages and notes payableStart of year $5,701$3,291
X-26 Total liabilitiesStart of year $97,659$118,013
X-27 Net assets without donor restrictionsStart of year $644,587$530,240
X-28 Net assets with donor restrictionsStart of year $63,688$63,688
X-32 Total net assets or fund balancesStart of year $708,275$593,928
X-33 Total liabilities and net assetsStart of year $805,934$711,941
Part XI · Reconciliation of net assets $593,928 net assets at year end
XI-1 Total revenue$564,434
XI-2 Total expenses$678,781
XI-3 Revenue less expenses−$114,347
XI-4 Net assets at start of year$708,275
XI-10 Net assets at end of year$593,928

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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