Virginia Association for the Education of Young Children Parent

Chesapeake, VA | http://www.vaaeyc.org

GuideStar Charity Check

Virginia Association for the Education of Young Children

EIN: 20-1565319

Contributions tax deductible
as of September 2023

IRS BMF 509(a)(1)
as of September 18, 2023

View summary

Charity Check report

Mission

The Virginia Association for the Education of Young Children serves, supports, and advocates for all who care for and educate young children.

Ruling year info

2005

Executive Director

Jennifer Root

Main address

PO Box 13727

Chesapeake, VA 23325 USA

Show more contact info

Formerly known as

Virginia Association for Early Childhood Education

EIN

20-1565319

Subject area info

Early childhood education

Education

Population served info

Adults

NTEE code info

Professional Societies & Associations (B03)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Affiliations

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

We shared information about our current feedback practices.

How is your organization using feedback from the people you serve?

To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
Which of the following feedback practices does your organization routinely carry out?

We collect feedback from the people we serve at least annually, We take steps to ensure people feel comfortable being honest with us, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We share the feedback we received with the people we serve
What challenges does the organization face when collecting feedback?

It is difficult to get the people we serve to respond to requests for feedback, It is difficult to identify actionable feedback

Financials

Virginia Association for the Education of Young Children

Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022

SOURCE: IRS Form 990

16.49

Average of 16.20 over 10 years

Months of cash in 2022

SOURCE: IRS Form 990

3.9

Average of 6.2 over 10 years

Fringe rate in 2022

SOURCE: IRS Form 990

0%

Average of 0% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

Virginia Association for the Education of Young Children

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$0
Government Grants	$0
Program Services	$211,382
Investments	$8,571
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$219,953

Expenses
Program Services	$238,964
Administration	$0
Fundraising	$0
Total Expenses	$238,964
Net Gain/Loss	($19,011)

Functional expenses
Accounting Fees	$700
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$25
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$0
Government Grants	$0
Program Services	$179,943
Investments	$1,735
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$181,678

Expenses
Program Services	$192,414
Administration	$0
Fundraising	$0
Total Expenses	$192,414
Net Gain/Loss	($10,736)

Functional expenses
Accounting Fees	$1,030
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$929
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$174
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$0
Government Grants	$0
Program Services	$199,899
Investments	$10,404
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$210,303

Expenses
Program Services	$222,931
Administration	$0
Fundraising	$0
Total Expenses	$222,931
Net Gain/Loss	($12,628)

Functional expenses
Accounting Fees	$1,245
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$206
Interest Expenses	$0
Investment Management Fees	$2,201
Legal Fees	$25
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$0
Program Services	$131,276
Investments	$9,781
Special Events	$0
Sales	$69
Other	$24,484
Total Revenue	$165,610

Expenses
Grants	$0
Salaries & Employee Benefits	$0
Professional Fees	$1,773
Occupancy	$0
Printing, Publications, Postage, etc.	$4,297
Other Expenses	$143,454
Total Expenses	$149,524
Net Gain/Loss	$16,086

Revenue
Contributions	$18,150
Government Grants	$0
Program Services	$147,513
Investments	($4,930)
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$160,733

Expenses
Program Services	$153,705
Administration	$0
Fundraising	$0
Total Expenses	$153,705
Net Gain/Loss	$7,028

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$946
Information Technology Expenses	$0
Insurance Expenses	$866
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$16,535
Government Grants	$0
Program Services	$126,138
Investments	$3,788
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$146,461

Expenses
Program Services	$144,395
Administration	$0
Fundraising	$0
Total Expenses	$144,395
Net Gain/Loss	$2,066

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$1,425
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$29,240
Government Grants	$0
Program Services	$123,209
Investments	$3,559
Special Events	$0
Sales	$0
Other	$23,211
Total Revenue	$179,219

Expenses
Program Services	$113,676
Administration	$1,858
Fundraising	$929
Total Expenses	$116,463
Net Gain/Loss	$62,756

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$5,425
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$31,262
Government Grants	$0
Program Services	$156,936
Investments	$6,112
Special Events	$0
Sales	$0
Other	$93
Total Revenue	$194,403

Expenses
Program Services	$186,444
Administration	$4,720
Fundraising	$2,360
Total Expenses	$193,524
Net Gain/Loss	$879

Functional expenses
Accounting Fees	$1,500
Advertising & Promotion	$0
Information Technology Expenses	$3,737
Insurance Expenses	$3,006
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$516
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$25,855
Government Grants	$0
Program Services	$141,528
Investments	$53,975
Special Events	$0
Sales	$0
Other	$112
Total Revenue	$221,470

Expenses
Program Services	$175,485
Administration	$3,515
Fundraising	$1,758
Total Expenses	$180,758
Net Gain/Loss	$40,712

Functional expenses
Accounting Fees	$1,500
Advertising & Promotion	$0
Information Technology Expenses	$1,638
Insurance Expenses	$2,600
Interest Expenses	$0
Investment Management Fees	$280
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$24,960
Government Grants	$0
Program Services	$44,083
Investments	$13,701
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$82,744

Expenses
Program Services	$129,496
Administration	$3,652
Fundraising	$1,826
Total Expenses	$134,974
Net Gain/Loss	($52,230)

Functional expenses
Accounting Fees	$1,500
Advertising & Promotion	$889
Information Technology Expenses	$383
Insurance Expenses	$1,720
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$29,223
Government Grants	$0
Program Services	$100,478
Investments	$5,970
Special Events	$0
Sales	$0
Other	$376
Total Revenue	$136,047

Expenses
Program Services	$154,282
Administration	$3,926
Fundraising	$1,963
Total Expenses	$160,171
Net Gain/Loss	($24,124)

Functional expenses
Accounting Fees	$1,500
Advertising & Promotion	$1,886
Information Technology Expenses	$553
Insurance Expenses	$1,854
Interest Expenses	$0
Investment Management Fees	$2,506
Legal Fees	$700
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Virginia Association for the Education of Young Children

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2011	Dec 31, 2011	Change
Contributions	$0
Cash & Equivalents	$292,311	$267,506	($24,805)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$292,311	$267,506	($24,805)

Liabilities	Jan 01, 2011	Dec 31, 2011	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$5,794	$0	($5,794)
Total Liabilities	$5,794	$0	($5,794)

Fund balance	Jan 01, 2011	Dec 31, 2011	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$286,517	$267,506	($19,011)
Net Assets	$286,517	$267,506	($19,011)

Assets	Jan 01, 2012	Dec 31, 2012	Change
Contributions	$0
Cash & Equivalents	$267,506	$267,902	$396
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$267,506	$267,902	$396

Liabilities	Jan 01, 2012	Dec 31, 2012	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$11,132	$11,132
Total Liabilities	$0	$11,132	$11,132

Fund balance	Jan 01, 2012	Dec 31, 2012	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$267,506	$256,770	($10,736)
Net Assets	$267,506	$256,770	($10,736)

Assets	Jan 01, 2013	Dec 31, 2013	Change
Contributions	$0
Cash & Equivalents	$267,902	$265,299	($2,603)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$267,902	$265,299	($2,603)

Liabilities	Jan 01, 2013	Dec 31, 2013	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$11,132	$21,157	$10,025
Total Liabilities	$11,132	$21,157	$10,025

Fund balance	Jan 01, 2013	Dec 31, 2013	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$256,770	$244,142	($12,628)
Net Assets	$256,770	$244,142	($12,628)

Assets	Jan 01, 2014	Dec 31, 2014	Change
Contributions	$0
Cash & Equivalents	$265,299	$280,147	$14,848
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$265,299	$280,147	$14,848

Liabilities	Jan 01, 2014	Dec 31, 2014	Change
Total Liabilities	$21,157	$19,919	($1,238)

Fund balance	Jan 01, 2014	Dec 31, 2014	Change
Net Assets	$244,142	$260,228	$16,086

Assets	Jan 01, 2016	Dec 31, 2016	Change
Contributions	$18,150
Cash & Equivalents	$54,583	$50,167	($4,416)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$198,083	$199,317	$1,234
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$35,753	$35,753
Total Assets	$252,666	$285,237	$32,571

Liabilities	Jan 01, 2016	Dec 31, 2016	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2016	Dec 31, 2016	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$252,666	$285,237	$32,571
Net Assets	$252,666	$285,237	$32,571

Assets	Jan 01, 2017	Dec 31, 2017	Change
Contributions	$16,535
Cash & Equivalents	$50,167	$73,096	$22,929
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$199,317	$221,304	$21,987
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$35,753	$20,462	($15,291)
Total Assets	$285,237	$314,862	$29,625

Liabilities	Jan 01, 2017	Dec 31, 2017	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$9,605	$9,605
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$9,605	$9,605

Fund balance	Jan 01, 2017	Dec 31, 2017	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$285,237	$305,257	$20,020
Net Assets	$285,237	$305,257	$20,020

Virginia Association for the Education of Young Children

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Virginia Association for the Education of Young Children’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2018	2019	2020	2021	2022
Unrestricted surplus (deficit) before depreciation	$41,885	$39,998	$6,632	-$31,264	-$80,057
As % of expenses	36.0%	20.7%	3.7%	-23.2%	-50.0%
Unrestricted surplus (deficit) after depreciation	$41,885	$39,998	$6,632	-$31,264	-$80,057
As % of expenses	36.0%	20.7%	3.7%	-23.2%	-50.0%

Revenue composition
Total revenue (unrestricted & restricted)	$179,219	$194,403	$221,470	$82,744	$136,047
Total revenue, % change over prior year	22.4%	8.5%	13.9%	-62.6%	64.4%
Program services revenue	68.7%	80.7%	63.9%	53.3%	73.9%
Membership dues	16.3%	13.7%	11.2%	29.0%	15.8%
Investment income	3.3%	3.1%	2.1%	16.6%	4.2%
Government grants	0.0%	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	0.0%	2.4%	0.5%	1.1%	5.7%
Other revenue	11.7%	0.0%	22.3%	0.0%	0.4%

Expense composition
Total expenses before depreciation	$116,463	$193,524	$180,758	$134,974	$160,171
Total expenses, % change over prior year	-19.3%	66.2%	-6.6%	-25.3%	18.7%
Personnel	0.0%	0.0%	0.0%	0.0%	0.0%
Professional fees	10.0%	18.5%	16.5%	23.4%	21.7%
Occupancy	0.0%	0.0%	0.0%	0.0%	0.0%
Interest	0.0%	0.0%	0.0%	0.0%	0.0%
Pass-through	0.0%	0.0%	0.0%	0.0%	0.0%
All other expenses	90.0%	81.5%	83.5%	76.6%	78.3%

Full cost components (estimated)	2018	2019	2020	2021	2022
Total expenses (after depreciation)	$116,463	$193,524	$180,758	$134,974	$160,171
One month of savings	$9,705	$16,127	$15,063	$11,248	$13,348
Debt principal payment	$0	$0	$0	$0	$0
Fixed asset additions	$0	$0	$0	$0	$0
Total full costs (estimated)	$126,168	$209,651	$195,821	$146,222	$173,519

Capital structure indicators

Liquidity	2018	2019	2020	2021	2022
Months of cash	11.6	8.7	8.7	4.7	3.9
Months of cash and investments	34.6	23.8	25.9	32.8	20.3
Months of estimated liquid unrestricted net assets	35.8	24.2	26.3	32.5	21.4

Balance sheet composition	2018	2019	2020	2021	2022
Cash	$112,791	$139,759	$130,691	$53,060	$51,789
Investments	$223,487	$243,996	$259,050	$315,324	$218,626
Receivables	$0	$0	$0	$0	$0
Gross land, buildings, equipment (LBE)	$0	$0	$0	$0	$0
Accumulated depreciation (as a % of LBE)	0.0%	0.0%	0.0%	0.0%	0.0%
Liabilities (as a % of assets)	2.9%	4.6%	3.5%	4.4%	5.4%
Unrestricted net assets	$347,142	$389,780	$396,412	$365,148	$285,091
Temporarily restricted net assets	$0	N/A	N/A	N/A	N/A
Permanently restricted net assets	$0	N/A	N/A	N/A	N/A
Total restricted net assets	$0	$0	$0	$0	$0
Total net assets	$347,142	$389,780	$396,412	$365,148	$285,091

Key data checks

Key data checks	2018	2019	2020	2021	2022
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination

Form 1023/1024 is not available for this organization

Executive Director

Jennifer Root

Number of employees

Source: IRS Form 990

Virginia Association for the Education of Young Children

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Virginia Association for the Education of Young Children

Board of directors
as of 07/20/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board co-chair

Laura Basu

Board co-chair

Joyce Oandasan

Navine Fortune

Mary Braxton

Jennifer Strickler

Susan Hill

Cindy Brown

Christine John

Belinda Ryburg

Beth Anderson

Sarah Maynard

Arely Angel

Virginia Association for the Education of Young Children Parent

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Annual Conference

Where we work

Our Sustainable Development Goals

How we listen

Financials

Revenue vs. expenses: breakdown

Liquidity in 2022

16.49

Months of cash in 2022

3.9

Fringe rate in 2022

0%

Funding sources

Assets & liabilities

Financial data

Digitizing IRS form 990 data

Virginia Association for the Education of Young Children

Virginia Association for the Education of Young Children

Virginia Association for the Education of Young Children

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Executive Director

Jennifer Root

Number of employees

Virginia Association for the Education of Young Children

Compensation data

Virginia Association for the Education of Young Children

Board of directors data

Laura Basu

Joyce Oandasan

Virginia Association for the Education of Young Children Parent

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Annual Conference

Where we work

Our Sustainable Development Goals

How we listen

Financials

Revenue vs. expenses: breakdown

Liquidity in 2022 info

16.49

Months of cash in 2022 info

3.9

Fringe rate in 2022 info

0%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Virginia Association for the Education of Young Children

Virginia Association for the Education of Young Children

Virginia Association for the Education of Young Children

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Executive Director

Jennifer Root

Number of employees

Virginia Association for the Education of Young Children

Compensation data

Virginia Association for the Education of Young Children

Board of directors data

Laura Basu

Joyce Oandasan

Liquidity in 2022

Months of cash in 2022

Fringe rate in 2022

Funding sources

Assets & liabilities