Supports Virginia educators with scholarships, grants, training, counseling, and legal rights information.
For fiscal year 2024 it reported $1.0M in revenue, $975K in expenses, and $1.1M in net assets.Pt I
Membership & operating revenue · FY2024
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$975K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $42K
Where spending went · Part IX cols B–D
96%
Program services $0.96 Management & general $0.04
Operating surplus
+4%
revenue over expenses▼ -71% vs prior filing year
Earned revenue
100%
of revenue from program services & dues0% vs prior filing year
Payroll share
60%
of spending is salaries & benefits▲ +2% vs prior filing year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$1.0M
FY2024▲ +2%
$1.0M$508K$0
FY2020FY2024
Expenses
$975K
FY2024▲ +14%
$975K$487K$0
FY2020FY2024
Total assets
$1.1M
FY2024▲ +6%
$1.1M$546K$0
FY2020FY2024
Total liabilities
$0
FY2024
$1$0$0
FY2020FY2024
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$975K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$42K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III
Where the work happens
3 program services account for $940K of program spending, described in the organization's own filed words · FY2024.
01
2) VPE Provides Support, Counseling, and Professional Assistance for Virginia's Educators. (Teachers, Counselors, & Other School Staff): In 2024, VPE provided Direct Support and Professional Assistance to 490 Virginia educators who were dealing with legal, administrative, academic, medical, and/or health & safety issues in the classroom.
$350Kprogram expense
02
3) Informing Teachers of Their Existing Legal & Professional Rights under current law; Explaining School Board Policies and State Board Regulations; Providing Affordable Legal & Liability Protection for Virginia's Educators as a Member Benefit: In 2024, VPE provided legal support and professional educators liability coverage for…
$339Kprogram expense
03
1) VPE Provides Scholarships, Mini-Grants, Training, and Professional Development Opportunities for All Virginia Educators: In 2024, VPE provided $56,501 in Teacher Scholarships, Classroom Mini-Grants, and other Teacher Assistance Grants.
Tracey Bailey’s $140K as State Director
is at the 41st percentile of top reported officer pay among 2834 $1–10M community development nonprofits.
Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
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.
Individual Tracey Bailey · Reported title State Director · Highest reported compensation $140K · Total expenses $975K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $584K · Total expenses $975K
60%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
96%
—
—
Overhead ratio
4%
—
—
Revenue growth
2%
—
—
Legal fee ratio
3%
—
—
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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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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