Virginia Professional Educators FY2020 filing

Fredericksbrg, VA · Business league / trade association · Community Development

! Not tax-deductible Latest data FY2020
Revenue
$1.0M
Spent
$843K
To programs
96%
Net assets
$643K
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).

Status and standing

Tax-deductible?
No
Per the IRS master file.
Can I give now?
Yes — exemption reinstated (2014-05-15)
Per the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
Not on file
Spent on programs?
96% to programs
Form 990 Part IX, latest filing.
Size and trend
$1–10M
Legal name (IRS)Hdr · item CVirginia Professional Educators
EINHdr · item D54-2060754
Exempt statusHdr · item I501(c)(6) · active
Ruling yearIRS BMFOct 2016
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CFredericksbrg, VA
NTEE classificationIRS BMFCommunity Development (S41)
WebsiteHdr · item Jwww.virginiaeducators.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$812K
Management & general4%$31K
Total functional expensesLn 25$843K

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$1.0M
FY2020
Expenses
$843K
FY2020
Operating surplus
+16%
revenue over expenses
Earned revenue
100%
of revenue from program services & dues
Payroll share
58%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$643K
FY2020
Total liabilities
$0
FY2020
Revenue less expensesPt I · Ln 19$166K
Total assetsPt X · Ln 16$643K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Balance Sheet

Part X · end of year
CashLn 1$643K
Total assetsLn 16$643K
Total liabilitiesLn 26$0
Total net assetsLn 32$643K
Months of cash on handcomputed9.2

Statement of Revenue

Part VIII
Program service revenue100%$1.0M
Total revenueLn 12$1.0M

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $643K · Operating expenses/yr $843K
9.2 months
Where the money goes
Program services
Program services $812K · Total expenses $843K
96%
Management & General
Management & general $31K · Total expenses $843K
4%
Fundraising
Fundraising $0 · Total expenses $843K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $1.0M
0%
Government reliance
Government grants — · Total revenue $1.0M
—
Earned-income share
Program service revenue $1.0M · Total revenue $1.0M
100%
Investment reliance
Investment income $0 · Total revenue $1.0M
0%
Program self-sufficiency
Program service revenue $1.0M · Total expenses $843K
120%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $643K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $843K
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $643K
—
Net-asset ratio
Net assets $643K · Total assets $643K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $643K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Tracey Bailey · Reported title State Director · Highest reported compensation $142K · Total expenses $843K
17%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $488K · Total expenses $843K
58%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%——
Overhead ratio 4%——
Legal fee ratio 0.2%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
State Director
$142,459Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Tracey Bailey’s $140K as State Director is at the 41st percentile of top reported officer pay among 2832 $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

NameFY2024FY2023FY2022FY2021FY2020
Tracey Bailey$139,683$139,683$142,982$142,459$142,459

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 Professional Educators executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Supports Virginia educators with scholarships, grants, training, counseling, and legal rights information.

Provided by the organization

This section is blank until Virginia Professional Educators claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

3 program services account for $812K of program spending, described in the organization's own filed words · FY2020.
01

2) VPE Provides Support, Counseling, and Professional Assistance for Virginia's Educators. (Teachers, Counselors, & Other School Staff): In 2020, VPE provided Direct Support and Professional Assistance to 604 Virginia educators who were dealing with legal, administrative, academic, medical, and/or health & safety issues in the classroom.

$313Kprogram 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 2020, VPE provided legal support and professional educators liability coverage for…

$304Kprogram expense
03

1) VPE Provides Scholarships, Mini-Grants, Training, and Professional Development Opportunities for All Virginia Educators: In 2020, VPE provided $16,163 in Teacher Scholarships, Classroom Mini-Grants, and other Teacher Assistance Grants.

$195Kprogram expense

Run this program? Claim this org to tell your story

Funders

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 20 grants · $164K · 2020–2024
Unitemized GrantFY2024$29,503
Unitemized GrantFY2024$13,749
Unitemized GrantFY2024$3,250
Unitemized GrantFY2023$4,800
Unitemized GrantFY2023$4,142
Unitemized GrantFY2023$2,131
Unitemized GrantFY2022$18,714
Unitemized GrantFY2022$4,769
Unitemized GrantFY2022$3,775
Unitemized GrantFY2021$11,174
Unitemized GrantFY2021$5,485
Unitemized GrantFY2021$3,425
Unitemized GrantFY2020$6,315
See all 20 grants →

Filing history

YearRevenueExpensesChangeFiling
FY2024 Latest $1.0M$975K+2% 990 PDF
FY2023 $1000K$858K-1% 990 PDF
FY2022 $1.0M$912K+1% 990 PDF
FY2021 $1000K$839K-0.9% 990 PDF
FY2020 Viewing $1.0M$843K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Virginia Professional Educators →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.