Virginia Learns EIN 85-3978793

Virginia Learns FY2020 filing

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Connects education, business, and community leaders to improve Virginia's public schools. For fiscal year 2020 it reported $250K in revenue, $1K in expenses, and $249K in net assets.Pt I

Type
Public charity (501(c)(3)) · Civil Rights & Advocacy
Location
Glen Allen, VA
Website
www.virginialearns.org
Filings
5 on file (2020–2020)
Revenue
$250KFY2020
Expenses
$1K
Net assets
$249K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  85-3978793 Public charity (501(c)(3)) Glen Allen, VA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Connects education, business, and community leaders to improve Virginia's public schools.
Leadership
John Asbury · Treasurer
Money in and out
$250K revenue, $1K expenses
Bottom line
0% program efficiency
Where the money goes · FY2020
Total revenue
$250K
Pt VIII · Ln 12
Total expenses
$1K
Pt IX · Ln 25
Net assets
$249K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $249K
Where spending went · Part IX cols B–D
Management & general $1.00
Program efficiency
0%
of spending reaches programs
Operating runway
2252.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+99%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$250K
FY2020
Expenses
$1K
FY2020
Total assets
$249K
FY2020
Total liabilities
$0
FY2020
Total revenue
$250K
Pt VIII · Ln 12
Total expenses
$1K
Pt IX · Ln 25
Net assets
$249K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$249K
Total assetsPt X · Ln 16$249K
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2020.
01

Virginia Learns is a new nonprofit and did not provide any program services in 2020.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CVirginia Learns
EINHdr · item D85-3978793
Principal addressHdr · item CGlen Allen, VA
WebsiteHdr · item Jwww.virginialearns.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R01)
Ruling yearIRS BMFOct 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Robert Nomberg’s $200K as President an is at the 97th percentile of top reported officer pay among 1035 $100K–1M civil rights & advocacy 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Robert Nomberg$199,711$205,997$200,000
Robert Nomberg$97,051

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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Statement of Revenue

Part VIII
Contributions & grants100%$250K
Total revenueLn 12$250K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Management & general $1.00
Management & general100%$1K
Total functional expensesLn 25$1K

Balance Sheet

Part X · end of year
CashLn 1$249K
Total assetsLn 16$249K
Total liabilitiesLn 26$0
Total net assetsLn 32$249K
Months of cash on handcomputed2252.2

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $249K · Operating expenses/yr $1K
2252.2 months
Where the money goes
Program services
Program services $0 · Total expenses $1K
0%
Management & General
Management & general $1K · Total expenses $1K
100%
Fundraising
Fundraising $0 · Total expenses $1K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $250K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $250K · Total revenue $250K
100%
Government reliance
Government grants $0 · Total revenue $250K
0%
Earned-income share
Program service revenue $0 · Total revenue $250K
0%
Investment reliance
Investment income $0 · Total revenue $250K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $1K
0%
Growth & trend
Revenue growth (YoY)
This year $250K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $249K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $250K · Expenses $1K
+99%
Liabilities-to-Assets
Total liabilities — · Total assets $249K
Net-asset ratio
Net assets $249K · Total assets $249K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $249K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual John Asbury · Reported title Treasurer · Highest reported compensation $0 · Total expenses $1K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $1K
Peer comparison

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

MetricThis orgPeer medianPercentile
Overhead ratio 100%
Fundraising cost ratio 0%
Legal fee ratio 100%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$77K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$585K revenue · ⤓ 990 PDF
FY2023$455K revenue · ⤓ 990 PDF
FY2022$403K revenue · ⤓ 990 PDF
FY2021$107K revenue · ⤓ 990 PDF
FY2020$250K revenue · viewing · ⤓ 990 PDF

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Sources

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