Status and standing
Is it real, and can you give to it?
Where the money goes
What each dollar paid for.
Statement of Functional Expenses
Financial health
Is it on solid ground?
Summary of the Filing
| FY2020 | $643K |
|---|---|
| FY2021 | $804K |
| FY2022 | $907K |
| FY2023 | $1.0M |
| FY2024 | $1.1M |
| FY2020 | $0 |
|---|---|
| FY2021 | $0 |
| FY2022 | $0 |
| FY2023 | $0 |
| FY2024 | $0 |
Balance Sheet
Statement of Revenue
Financial Metrics
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 | -0.9% | — | — |
| Legal fee ratio | 0.1% | — | — |
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
Who runs it, and what are they paid?
Officers, Directors & Key Employees
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
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| 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.
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Governance & Policies
- 4Voting board membersPt VI · Ln 1a
- 4Independent board membersPt VI · Ln 1b
- Conflict-of-interest policyPt VI · Ln 12aYes
- Whistleblower policyPt VI · Ln 13Yes
- Document retention policyPt VI · Ln 14Yes
- Top official’s pay independently reviewedPt VI · Ln 15aYes
- Family or business ties among leadersPt VI · Ln 2No
Mission and programs
What it does.
Supports Virginia educators with scholarships, grants, training, counseling, and legal rights information.
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Where the work happens
2) VPE Provides Support, Counseling, and Professional Assistance for Virginia's Educators. (Teachers, Counselors, & Other School Staff): In 2021, VPE provided Direct Support and Professional Assistance to 558 Virginia educators who were dealing with legal, administrative, academic, medical, and/or health & safety issues in the classroom.
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 2021, VPE provided legal support and professional educators liability coverage for…
1) VPE Provides Scholarships, Mini-Grants, Training, and Professional Development Opportunities for All Virginia Educators: In 2021, VPE provided $32,584 in Teacher Scholarships, Classroom Mini-Grants, and other Teacher Assistance Grants.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Filing history
Every return on file.
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2024 Latest | $1.0M | $975K | +2% | 990 PDF |
| FY2023 | $1000K | $858K | -1% | 990 PDF |
| FY2022 | $1.0M | $912K | +1% | 990 PDF |
| FY2021 Viewing | $1000K | $839K | -0.9% | 990 PDF |
| FY2020 | $1.0M | $843K | 990 PDF |
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Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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Sources
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