Civic Intelligence

Virginia Press Association Inc

EIN 54-0420455 • 501(c)6 • Glen Allen, VA

View Organization Page

Profile

To support our membership through responsive services and resources. We champion the common interests of virginia newspapers and the ideals of a free press in a democratic society.

4860 Cox Road Suite 150Glen Allen, VA 23060

www.vpa.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.54x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

17.70x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Net Margin

1st percentile

-198%

Higher net margin than 1% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

26th percentile

$182,414

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 93.9% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2024

Asset Growth

21st percentile

-2.8%

Faster asset growth than 21% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-60%

Faster revenue growth than 1% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$6,370,534

Down $182,767 (-2.8%) from 2023

Liabilities

Up

$3,437,468

Up $69,233 (+2.1%) from 2023

Net Assets

Down

$2,933,066

Down $252,000 (-7.9%) from 2023

Operations
Liabilities / Revenue99th percentileNet Margin1st percentile

Revenue

Down

$194,226

Down $290,077 (-60%) from 2023

Expenses

Up

$578,164

Up $22,891 (+4.1%) from 2023

Net Income

Down

-$383,938

Down $312,968 (-441%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,392,439Liabilities 2011: $867,679Net Assets 2011: $3,524,7602011Assets 2012: $4,068,918Liabilities 2012: $782,159Net Assets 2012: $3,286,7592012Assets 2013: $4,157,396Liabilities 2013: $886,372Net Assets 2013: $3,271,0242013Assets 2014: $4,097,842Liabilities 2014: $858,662Net Assets 2014: $3,239,1802014Assets 2015: $4,007,504Liabilities 2015: $889,333Net Assets 2015: $3,118,1712015Assets 2016: $3,879,065Liabilities 2016: $917,382Net Assets 2016: $2,961,6832016Assets 2017: $3,801,020Liabilities 2017: $901,600Net Assets 2017: $2,899,4202017Assets 2018: $3,267,340Liabilities 2018: $595,862Net Assets 2018: $2,671,4782018Assets 2019: $3,037,799Liabilities 2019: $536,404Net Assets 2019: $2,501,3952019Assets 2020: $3,095,170Liabilities 2020: $718,731Net Assets 2020: $2,376,4392020Assets 2021: $6,027,052Liabilities 2021: $2,943,702Net Assets 2021: $3,083,3502021Assets 2022: $6,291,489Liabilities 2022: $3,120,639Net Assets 2022: $3,170,8502022Assets 2023: $6,553,301Liabilities 2023: $3,368,235Net Assets 2023: $3,185,0662023Assets 2024: $6,370,534Liabilities 2024: $3,437,468Net Assets 2024: $2,933,0662024

Highlighted filing

2024

Assets$6,370,534
Liabilities$3,437,468
Net Assets$2,933,066
Open 2024 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $186,852Expenses 2011: $278,028Net Income 2011: -$91,1762011Revenue 2012: $110,116Expenses 2012: $304,609Net Income 2012: -$194,4932012Revenue 2013: $267,647Expenses 2013: $308,854Net Income 2013: -$41,2072013Revenue 2014: $250,573Expenses 2014: $262,105Net Income 2014: -$11,5322014Revenue 2015: $186,248Expenses 2015: $267,086Net Income 2015: -$80,8382015Revenue 2016: $143,729Expenses 2016: $314,907Net Income 2016: -$171,1782016Revenue 2017: $215,402Expenses 2017: $332,407Net Income 2017: -$117,0052017Revenue 2018: $124,793Expenses 2018: $344,971Net Income 2018: -$220,1782018Revenue 2019: $377,957Expenses 2019: $535,813Net Income 2019: -$157,8562019Revenue 2020: $328,490Expenses 2020: $431,712Net Income 2020: -$103,2222020Revenue 2021: $986,025Expenses 2021: $473,562Net Income 2021: $512,4632021Revenue 2022: $838,145Expenses 2022: $451,916Net Income 2022: $386,2292022Revenue 2023: $484,303Expenses 2023: $555,273Net Income 2023: -$70,9702023Revenue 2024: $194,226Expenses 2024: $578,164Net Income 2024: -$383,9382024

Highlighted filing

2024

Revenue$194,226
Expenses$578,164
Net Income-$383,938
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$6,370,534
Liabilities
$3,437,468
Net assets
$2,933,066
Revenue
$194,226
Expenses
$578,164
Net income
-$383,938
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.37$3.44$2.93$0.19$0.58$0.38
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.55$3.37$3.19$0.48$0.56$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.29$3.12$3.17$0.84$0.45$0.39
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.03$2.94$3.08$0.99$0.47$0.51
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.10$0.72$2.38$0.33$0.43$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.04$0.54$2.50$0.38$0.54$0.16
2018Summary only. Only limited summary data is available for this year.$3.27$0.60$2.67$0.12$0.34$0.22
2017Summary only. Only limited summary data is available for this year.$3.80$0.90$2.90$0.22$0.33$0.12
2016Summary only. Only limited summary data is available for this year.$3.88$0.92$2.96$0.14$0.31$0.17
2015Summary only. Only limited summary data is available for this year.$4.01$0.89$3.12$0.19$0.27$0.08
2014Summary only. Only limited summary data is available for this year.$4.10$0.86$3.24$0.25$0.26$0.01
2013Summary only. Only limited summary data is available for this year.$4.16$0.89$3.27$0.27$0.31$0.04
2012Summary only. Only limited summary data is available for this year.$4.07$0.78$3.29$0.11$0.30$0.19
2011Summary only. Only limited summary data is available for this year.$4.39$0.87$3.52$0.19$0.28$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 22, 2025
Return Version
2023v6.0
Gross Receipts
$981,476
Mission and Program Overview

Mission

To support our membership through responsive services and resources. We champion the common interests of virginia newspapers and the ideals of a free press in a democratic society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$4,017,172$3,938,972▼ $78,200
Investments in Publicly Traded Securities$2,420,289$2,371,207▼ $49,082
Accounts Receivable$32,843$25,833▼ $7,010
Cash and Non-Interest-Bearing Accounts$69,666$23,012▼ $46,654
Prepaid Expenses and Deferred Charges$6,847$6,847→ $0
Land, Buildings, and Equipment, Net$6,484$4,663▼ $1,821
Total Assets$6,553,301$6,370,534▼ $182,767
Liabilities
Other Liabilities$3,354,826$3,429,573▲ $74,747
Accounts Payable and Accrued Expenses$13,409$7,820▼ $5,589
Deferred Revenue-$75-
Total Liabilities$3,368,235$3,437,468▲ $69,233
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,185,066$2,933,066▼ $252,000
Total Net Assets Fund Balance$3,185,066$2,933,066▼ $252,000
Total Liabilities and Net Assets / Fund Balance$6,553,301$6,370,534▼ $182,767

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,663$10,363$15,026
Other Securities$3,938,972--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$595,592-▲ $32,866$628,458-
2019$649,050-▼ $3,958$49,500$595,592
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Betsy EdwardsExecutive DirectorPT$65,763$7,202$72,965

Board Members and Trustees

NameTitle
Jim MaxwellImmediate Past President
Dennis BrackPresident
Norman StyerVice President
Ann AdamsDirector
Chris CoatesDirector
Denise DunbarDirector
Joy MonopoliDirector
Lisa Watson MccartyDirector
Shari KeyesDirector
Tom LappasDirector
Wendi CraigDirector
Kalea ClarkSecretary
Alan LevensteinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$167,024
Investment Income
$105,403
Other Revenue
$-78,201
Change in Net Assets
$-383,938
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$316,944
Salaries, Compensation, and Employee Benefits$245,720
Grants and Similar Amounts Paid$15,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$129,514
Fees for Services Other---$88,762
Current Officers, Directors, Trustees, and Key Employees---$76,994
Conferences and Meetings---$55,110
Fees for Services Accounting---$44,090
Office Expenses---$18,868
Payroll Taxes---$15,939
Fees for Service Investment Mgmnt Fees---$15,715
Grants to Domestic Orgs---$15,500
Other Employee Benefits---$14,447
Information Technology---$10,701
All Other Expenses---$9,580
Travel---$9,181
Pension Plan Contributions---$8,826
Other Expenses---$7,344
Insurance---$2,717
Depreciation Depletion---$1,821
Advertising---$519
Total Functional Expenses$0$0$0$578,164
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Virginia Press FoundationGlen Allen, VA501(c)(3)Charitable$15,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$10,570
Current Year Nondeductible Lobbying and Political Cost$9,788
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$3,429,573
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The association has the following types of members: active, associate, affiliate, sustaining, college, and educational.”

Form 990, Part VI, Section A, Line 7A

“Each active member shall have one vote in the affairs of the association.”

Form 990, Part VI, Section A, Line 7B

“Policy decisions are subject to approval by the association's members. Each active member has one vote..”

Form 990, Part VI, Section B, Line 11B

“The form 990 is provided to the board of directors for approval prior to filing.”

Form 990, Part VI, Section B, Line 12C

“A conflict of interest policy statement is sent annually to officers, directors, trustees, and employees asking them to disclose business relationships with interested parties.”

Form 990, Part VI, Section B, Line 15A

“The board of directors sets and approves the compensation for the executive director annually. Appropriate compensation is determined by using comparisons with similar organizations and published compensation data.”

Form 990, Part VI, Section C, Line 19

“The governing documents are on the association's website (www.vpa.net). The association complies with all laws with respect to public inspection of forms 1023 and 990, as well as with any other applicable state of federal document disclosure laws.”

Filing and Contact Details

Filer

Filer Name
Virginia Press Association Inc
EIN
54-0420455
Phone
8045217570
Address
4860 COX ROAD SUITE 150, GLEN ALLEN, VA 23060

Signing Officer

Name
Betsy W Edwards
Title
Executive Director
Phone
8045217570
Signed
2025-04-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Betsy W Edwards
Formed
1881
Legal Domicile
Va
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
56

Preparer

Firm
Brown Edwards & Company Llp
Address
810 SOUTHPARK BLVD 2ND FLOOR, COLONIAL HEIGHTS, VA 23834
Preparer
M James Hartson Jr CPA
Phone
8047335566
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Bank fees 4,712. Legislative 84,050.”

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The association follows generally accepted accounting principles regarding "accounting for uncertain tax positions". This standard provides detailed guidance for financial statement recognition, measurement, and disclosure of uncertain tax positions recognized in the association's consolidated financial statements. It requires an entity to recognize the financial statement impact of a tax position when it is more likely than not that the position will not be sustained upon examination. The association has determined that it does not have any material unrecognized tax benefits or obligations as of june 30, 2024 and 2024. The tax years of 2021 to 2023 remain subject to examination by the taxing authorities. The association includes penalties and interest assessed by income taxing authorities in operating expenses. The organization did not have penalties and interest expenses for the years ended june 30, 2024 and 2023.”

Raw XML AppendixShowing 400 of 506 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt013409
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07820
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IRS990/AccountsReceivableGrp/EOYAmt025833
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SUPPORT OUR MEMBERSHIP THROUGH RESPONSIVE SERVICES AND RESOURCES. WE CHAMPION THE COMMON INTERESTS OF VIRGINIA NEWSPAPERS AND THE IDEALS OF A FREE PRESS IN A DEMOCRATIC SOCIETY.
IRS990/AdvertisingGrp/TotalAmt0519
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IRS990/BooksInCareOfDetail/USAddress/CityNm0GLEN ALLEN
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IRS990/ChangeToOrgDocumentsInd00
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IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt076994
IRS990/CompensationFromOtherSrcsInd00
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IRS990/ConservationEasementsInd00
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IRS990/CreditCounselingInd00
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IRS990/CYTotalRevenueAmt0194226
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IRS990/DeferredRevenueGrp/EOYAmt075
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt01821
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IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
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IRS990/Form990PartVIISectionAGrp/PersonNm7LISA WATSON MCCARTY
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/GrantsToOrganizationsInd01
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IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0TO SUPPORT OUR MEMBERSHIP THROUGH RESPONSIVE SERVICES AND RESOURCES. WE CHAMPION THE COMMON INTERESTS OF VIRGINIA NEWSPAPERS AND THE IDEALS OF A FREE PRESS IN A DEMOCRATIC SOCIETY.
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IRS990/OfficeExpensesGrp/TotalAmt018868
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc0SERVICES TO MEMEBERS
IRS990/OtherExpensesGrp/Desc1COMMITTEE EXPENSE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3CONTEST EXPENSE
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IRS990/OtherExpensesGrp/TotalAmt111085
IRS990/OtherExpensesGrp/TotalAmt27357
IRS990/OtherExpensesGrp/TotalAmt37344
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-78201
IRS990/OtherRevenueTotalAmt0-78201
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IRS990/PoliticalCampaignActyInd00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06847
IRS990/PrincipalOfficerNm0BETSY W EDWARDS
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IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1MEETINGS & CONFERENCES
IRS990/ProgramServiceRevenueGrp/Desc2WEBSITE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3TRAINING & WORKSHOPS I
IRS990/ProgramServiceRevenueGrp/Desc4CONTEST INCOME
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125430
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt221593
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt320156
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4920
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt098177
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt125430
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt221593
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt320156
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4920
IRS990/ProgSrvcAccomActy2Grp/Desc0LEGISLATION: TO REPRESENT NEWSPAPER INTEREST IN THE GENERAL ASSEMBLY THROUGH LOBBYING EFFORTS.
IRS990/ProgSrvcAccomActy3Grp/Desc0WORKSHOPS: TO OFFER RELEVANT EDUCATION AND TRAINING OPPORTUNITIES.
IRS990/ProhibitedTaxShelterTransInd00
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IRS990/PYOtherRevenueAmt0207329
IRS990/PYProgramServiceRevenueAmt0184456
IRS990/PYRevenuesLessExpensesAmt0-70970
IRS990/PYSalariesCompEmpBnftPaidAmt0227089
IRS990/PYTotalExpensesAmt0555273
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0484303
IRS990/ReconcilationRevenueExpnssAmt0-383938
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
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IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/CarriedOverAmt0585
IRS990ScheduleC/DuesAssessmentsAmt098177
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt0782
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt09788
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt010570
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0595592
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt032866
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0628458
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0649050
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0595592
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-3958
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt049500
IRS990ScheduleD/EquipmentGrp/BookValueAmt04663
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010363
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015026
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03429573
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03938972
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN SUBSIDIARY
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION FOLLOWS GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REGARDING "ACCOUNTING FOR UNCERTAIN TAX POSITIONS". THIS STANDARD PROVIDES DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN THE ASSOCIATION'S CONSOLIDATED FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE ASSOCIATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2024 AND 2024. THE TAX YEARS OF 2021 TO 2023 REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. THE ASSOCIATION INCLUDES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES IN OPERATING EXPENSES. THE ORGANIZATION DID NOT HAVE PENALTIES AND INTEREST EXPENSES FOR THE YEARS ENDED JUNE 30, 2024 AND 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04663
IRS990ScheduleD/TotalBookValueSecuritiesAmt03938972
IRS990ScheduleD/TotalLiabilityAmt03429573
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt015500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CHARITABLE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0VIRGINIA PRESS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0463930801
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04860 COX ROAD SUITE 150
IRS990ScheduleI/RecipientTable/USAddress/CityNm0GLEN ALLEN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd023060
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt065763
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt098645
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt07202
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt010804
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BETSY EDWARDS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt072965
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0109449
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS THE FOLLOWING TYPES OF MEMBERS: ACTIVE, ASSOCIATE, AFFILIATE, SUSTAINING, COLLEGE, AND EDUCATIONAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH ACTIVE MEMBER SHALL HAVE ONE VOTE IN THE AFFAIRS OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2POLICY DECISIONS ARE SUBJECT TO APPROVAL BY THE ASSOCIATION'S MEMBERS. EACH ACTIVE MEMBER HAS ONE VOTE..
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A CONFLICT OF INTEREST POLICY STATEMENT IS SENT ANNUALLY TO OFFICERS, DIRECTORS, TRUSTEES, AND EMPLOYEES ASKING THEM TO DISCLOSE BUSINESS RELATIONSHIPS WITH INTERESTED PARTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS SETS AND APPROVES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR ANNUALLY. APPROPRIATE COMPENSATION IS DETERMINED BY USING COMPARISONS WITH SIMILAR ORGANIZATIONS AND PUBLISHED COMPENSATION DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE GOVERNING DOCUMENTS ARE ON THE ASSOCIATION'S WEBSITE (WWW.VPA.NET). THE ASSOCIATION COMPLIES WITH ALL LAWS WITH RESPECT TO PUBLIC INSPECTION OF FORMS 1023 AND 990, AS WELL AS WITH ANY OTHER APPLICABLE STATE OF FEDERAL DOCUMENT DISCLOSURE LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BANK FEES 4,712. LEGISLATIVE 84,050.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A

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