S โ€” Community Improvement & Capacity BuildingEIN: 541378797ยท Ruling Year: 1987

Virginia Beach Community Development Corporation

Virginia Bch, Virginia

B+Health Score
67B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$7.9M
Total Revenue
๐Ÿ“Š
$7.8M
Total Expenses
๐Ÿฆ
$15.2M
Net Assets
๐Ÿ“‹
$20.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+1.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.95
Net assets divided by total expenses
Liabilities-to-Assets
57.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,936,723โ†‘4%$7,809,624โ†‘5%$35,715,518โ†‘1%
2022$7,614,457โ†“13%$7,404,821โ†‘1%$35,346,329โ†“1%
2021$8,715,709โ†‘58%$7,335,260โ†‘19%$35,859,352โ†‘16%
2020$5,509,223โ†‘4%$6,165,812โ†‘1%$30,804,049โ†“2%
2019$5,283,250โ†“5%$6,079,641โ†“6%$31,582,611โ†“3%
2018$5,559,154โ†‘6%$6,470,604โ†‘3%$32,683,650โ†“3%
2017$5,220,845โ†“2%$6,297,645โ†“5%$33,560,164โ†‘15%
2016$5,311,988โ†“6%$6,662,769โ†‘11%$29,168,100โ†“3%
2015$5,664,088โ†‘16%$5,988,456โ†‘12%$30,176,245โ†“3%
2014$4,880,013โ†‘7%$5,349,616โ†‘18%$31,124,849โ†“1%
2013$4,546,849โ†“8%$4,519,985โ†“7%$31,556,727โ†‘4%
2012$4,953,543โ†‘18%$4,838,787โ†‘13%$30,282,574โ†‘5%
2011$4,204,102$4,278,795$28,921,711

Frequently Asked Questions

What does Virginia Beach Community Development Corporation do?โ–ผ

Virginia Beach Community Development Corporation is a community improvement & capacity building nonprofit organization based in Virginia. It is classified under NTEE code S20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Virginia Beach Community Development Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Virginia Beach Community Development Corporation has a score of 67/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Virginia Beach Community Development Corporation generate?โ–ผ

Virginia Beach Community Development Corporation reports $7.1M in annual revenue and holds $34.0M in total assets, based on IRS filings.

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Virginia Beach Community Development Corporation โ€” Virginia Bch, VA | GiveScope