Virginia Learns EIN 85-3978793 Form 990 (PDF) Claim this org

Virginia Learns FY2022 filing

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Connects education, business, and community leaders to improve Virginia's public schools. For fiscal year 2022 it reported $403K in revenue, $412K in expenses, and $125K 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 (2020–2022)
Revenue
$403KFY2022
Expenses
$412K
Net assets
$125K
People
15
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 FY2022 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
Robert Nomberg · President an · $200K
Money in and out
$403K revenue, $412K expenses
Bottom line
99% program efficiency
Where the money goes · FY2022
Total revenue
$403K
Pt VIII · Ln 12
Total expenses
$412K
Pt IX · Ln 25
Net assets
$125K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$10K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs
Operating runway
1.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$403K
FY2022▲ +275%
Expenses
$412K
FY2022▲ ×311
Total assets
$125K
FY2022▼ -50%
Total liabilities
$0
FY2022
Total revenue
$403K
Pt VIII · Ln 12
Total expenses
$412K
Pt IX · Ln 25
Net assets
$125K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$10K
Total assetsPt X · Ln 16$125K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415
Mission & Programs · Part III

Where the work happens

1 program service account for $407K of program spending, described in the organization's own filed words · FY2022.
01

Virginia learns researched key education policies affecting k-12 students and delivered an introductory report describing the history of virginia's efforts to transform its public education system into one that prepares for the 21ST century.

$407Kprogram expense

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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 1a15
Independent voting membersPt VI · Ln 1b15
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

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President an
$200,000Pt VII · Sec A
$0Pt VII · Sec A
Chair and Tr
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$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 & grants$279K · 69%
Program service revenue$124K · 31%
Contributions & grants69%$279K
Program service revenue31%$124K
Total revenueLn 12$403K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$407K
Management & general1%$6K
Total functional expensesLn 25$412K

Balance Sheet

Part X · end of year
CashLn 1$56K
Total assetsLn 16$125K
Total liabilitiesLn 26$0
Total net assetsLn 32$125K
Months of cash on handcomputed1.6

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $56K · Operating expenses/yr $412K
1.6 months
Where the money goes
Program services
Program services $407K · Total expenses $412K
99%
Management & General
Management & general $6K · Total expenses $412K
1%
Fundraising
Fundraising $0 · Total expenses $412K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $264K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $279K · Total revenue $403K
69%
Government reliance
Government grants — · Total revenue $403K
Earned-income share
Program service revenue $124K · Total revenue $403K
31%
Investment reliance
Investment income $0 · Total revenue $403K
0%
Program self-sufficiency
Program service revenue $124K · Total expenses $412K
30%
Growth & trend
Revenue growth (YoY)
This year $403K · Prior year $107K
+275%
Net-asset trend (YoY)
End of year $125K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $403K · Expenses $412K
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $125K
Net-asset ratio
Net assets $125K · Total assets $125K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $125K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Robert Nomberg · Reported title PRESIDENT AN · Highest reported compensation $200K · Total expenses $412K
49%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $332K · Total expenses $412K
81%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Fundraising cost ratio 0%
Revenue growth 275%
Legal fee ratio 0.07%
Accounting fee ratio 0.4%

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 · viewing · ⤓ 990 PDF
FY2021$107K revenue · ⤓ 990 PDF
FY2020$250K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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