Va Foundation for Independent Colleges

Education organization based in Richmond, VA. 5 employees. Exempt under §501(c)(3).

MissionTHE MISSION OF THE VIRGINIA FOUNDATION FOR INDEPENDENT COLLEGES IS TO ADVANCE THE DISTINCTIVE VALUES AND STRENGTHS OF OUR SIXTEEN SMALLER ENROLLMENT, UNDERGRADUATE, RESIDENTIAL VIRGINIA MEMBER COLLEGES. WE DO THIS BY SECURING FINANCIAL SUPPORT FROM THE PRIVATE SECTOR, INCREASING

EIN
54-0554396
State
VA
Sector
Education
Budget band
$1M–$2.5M
Latest filing
TY 2023
Records
1 officers · 5 years

Financial snapshot · TY 2023

$2.2M
Total revenue
$3.8M
Total expenses
$40.8M
Net assets

Financial health · TY 2023

65
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
82.7 months of expenses
Program efficiency
62
74.6% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Mary-beth Johnson
CHIEF OPERATING OFFICER
$212,688
92th percentile vs. peers

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Va Foundation for Independent Colleges Executive Compensation | 990 Data | DoubleNine