Civic Intelligence

Virginia Press Foundation Virginia Local News Project

990PF • Fiscal year 2024 • EIN 46-3930801

Jul 01, 2023 to Jun 30, 2024 • Filed on Jan 23, 2025

4860 Cox Road Suite 150Glen Allen, VA 23060

(804) 521-7584

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.15x

Higher debt load relative to assets than 84% of similar nonprofits.

2024 filings • <$500k nonprofits • Source year 2024

Liabilities / Revenue

100th percentile

33.49x

Higher debt load relative to revenue than 100% of similar nonprofits.

2024 filings • <$500k nonprofits • Source year 2024

Net Margin

1st percentile

-3971%

Higher net margin than 1% of similar nonprofits.

2024 filings • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • <$500k nonprofits • Source year 2024

Asset Growth

42nd percentile

-2.7%

Faster asset growth than 42% of similar nonprofits.

2024 filings • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-23%

Faster revenue growth than 22% of similar nonprofits.

2024 filings • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$112,479

Down $3,106 (-2.7%) from 2023

Net Assets

Down

$95,732

Down $19,853 (-17%) from 2023

Liabilities

Up

$16,747

Up $16,747 from 2023

Revenue

Down

$500

Down $150 (-23%) from 2023

Expenses

Up

$20,353

Up $2,068 (+11%) from 2023

Net Income

Down

-$19,853

Down $2,218 (-13%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2020: $29,479Liabilities 2020: $15,326Net Assets 2020: $14,1532020Assets 2022: $148,546Liabilities 2022: $15,326Net Assets 2022: $133,2202022Assets 2023: $115,585Liabilities 2023: $0Net Assets 2023: $115,5852023Assets 2024: $112,479Liabilities 2024: $16,747Net Assets 2024: $95,7322024Assets 2025: $36,043Liabilities 2025: $28,890Net Assets 2025: $7,1532025

Highlighted filing

2024

Assets$112,479
Liabilities$16,747
Net Assets$95,732

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2020: $0Expenses 2020: $242Net Income 2020: -$2422020Revenue 2022: $100,030Expenses 2022: $581Net Income 2022: $99,4492022Revenue 2023: $650Expenses 2023: $18,285Net Income 2023: -$17,6352023Revenue 2024: $500Expenses 2024: $20,353Net Income 2024: -$19,8532024Revenue 2025: $75,109Expenses 2025: $163,688Net Income 2025: -$88,5792025

Highlighted filing

2024

Revenue$500
Expenses$20,353
Net Income-$19,853
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 23, 2025
Return Version
2023v6.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANNE ADAMSPresident-$0--
BETSY EDWARDSAssistant Se-$0--
GWYN MELLINGERVice Preside-$0--
KRIS WORRELLDirector-$0--
DENNIS BRACKDirector-$0--
JEFF SOUTHDirector-$0--
MATT PAXTONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Virginia Press Foundation
EIN
46-3930801
Phone
8045217584
Address
4860 COX ROAD SUITE 150, GLEN ALLEN, VA 23060

Signing Officer

Name
Betsy Edwards
Title
Assistant Sec-treas
Phone
8045217584
Signed
2025-01-23
Discuss with paid preparer
Yes

Preparer

Firm
Rcg
Address
3957 WESTERRE PKWY STE 410, RICHMOND, VA 23233
Preparer
Amanda L Sent
Phone
8042706980
Raw XML Appendix265 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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AmortizationSchedule/AmortizationScheduleDetail/CurrentYearAmortizationAmt0581
AmortizationSchedule/AmortizationScheduleDetail/DeductionForPriorYearsAmt05670
AmortizationSchedule/AmortizationScheduleDetail/TotalAmortizationAmt06251
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IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt0109354
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt0111019
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1BETSY EDWARDS
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OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2GRANTS
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt13000
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt215326
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt3401
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0DUE TO VA PRESS ASSOCIATION
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt016747
TaxesSchedule/TaxesDetail/Amt0360
TaxesSchedule/TaxesDetail/Amt1660
TaxesSchedule/TaxesDetail/CategoryTxt0VDACS FEES
TaxesSchedule/TaxesDetail/CategoryTxt1EXCISE TAXES
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BETSY EDWARDS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ASSISTANT SEC-TREAS
ReturnHeader/BusinessOfficerGrp/PhoneNum08045217584
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIRGINIA PRESS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0VIRG
ReturnHeader/Filer/EIN0463930801
ReturnHeader/Filer/PhoneNum08045217584
ReturnHeader/Filer/USAddress/AddressLine1Txt04860 COX ROAD SUITE 150
ReturnHeader/Filer/USAddress/CityNm0GLEN ALLEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023060
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0834276360
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RCG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03957 WESTERRE PKWY STE 410
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RICHMOND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023233
ReturnHeader/PreparerPersonGrp/PhoneNum08042706980
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMANDA L SENT
ReturnHeader/ReturnTs02025-01-23T11:41:25-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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