Virginia Independence Training Organization
Norfolk, Virginia
DHealth Score
34D
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Poor
๐ฐ
$1.9M
Total Revenue
๐
$2.2M
Total Expenses
๐ฆ
-$711K
Net Assets
๐
$1.2M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+21.0%
Year-over-year change (2022 โ 2023)
Net Margin
-15.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.32
Net assets divided by total expenses
Liabilities-to-Assets
256.6%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,929,506โ21% | $2,228,968โ24% | $454,052โ1% | โ |
| 2022 | $1,595,147โ3% | $1,804,744โ3% | $451,268โ18% | โ |
| 2021 | $1,542,393โ8% | $1,745,250โ8% | $383,572โ1% | โ |
| 2020 | $1,680,512โ3% | $1,890,685โ10% | $388,783โ8% | โ |
| 2019 | $1,732,027โ6% | $1,723,872โ6% | $360,908โ30% | โ |
| 2018 | $1,631,556โ24% | $1,626,855โ20% | $277,566โ5% | โ |
| 2017 | $2,146,535โ2% | $2,038,200โ1% | $293,372โ21% | โ |
| 2016 | $2,107,194โ6% | $2,059,137โ7% | $373,032โ4% | โ |
| 2015 | $1,993,299โ1% | $1,920,831โ1% | $357,890โ35% | โ |
| 2014 | $2,016,147โ1% | $1,945,222โ3% | $264,914โ13% | โ |
| 2013 | $1,988,270โ1% | $2,004,083โ13% | $234,394โ2% | โ |
| 2012 | $1,959,679โ1% | $2,300,230โ19% | $229,160โ45% | โ |
| 2011 | $1,979,794 | $1,933,871 | $417,528 | โ |
Frequently Asked Questions
What does Virginia Independence Training Organization do?โผ
Virginia Independence Training Organization is a employment nonprofit organization based in Virginia. It is classified under NTEE code J22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Virginia Independence Training Organization financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Virginia Independence Training Organization.
How much revenue does Virginia Independence Training Organization generate?โผ
Virginia Independence Training Organization reports $2.0M in annual revenue and holds $477K in total assets, based on IRS filings.
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