Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
EIN 54-1773876 • 501(c)3 • Richmond, VA
Profile
To provide through its own activities, financial and volunteer support for the educational, scientific, and charitable purposes of the Virginia Association of Secondary School Principals, Inc., hereinafter referred to as the "VASSP".The Foundation is expressly prohibited from engaging in any activity which would be inconsistent with the status of an educational, scientific, and charitable organization as defined in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, or any successor provision (the "Code").To accomplish this objective, the Foundation shall:A. Advance education in the field of pre-kindergarten through grade 16 (P-16) educational leadership and student leadership development.B. Develop and improve educational leadership in-service education by conducting education conferences, conventions, seminars, institutes, and workshops for leaders, students and student activity sponsors.C. Engage in research in the field of educational leadership and student leadersh
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
35th percentile
Higher net margin than 35% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
91st percentile
Faster asset growth than 91% of similar nonprofits.
Revenue Growth
92nd percentile
Faster revenue growth than 92% of similar nonprofits.
Assets
Up$328,211
Up $281,887 (+609%) from 2021
Liabilities
Up$469,582
Up $346,283 (+281%) from 2021
Net Assets
Down-$141,371
Down $64,396 (-84%) from 2021
Revenue
Up$117,924
Up $105,726 (+867%) from 2021
Expenses
Up$125,220
Up $85,868 (+218%) from 2021
Net Income
Up-$7,296
Up $19,858 (+73%) from 2021
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
To provide through its own activities, financial and volunteer support for the educational, scientific, and charitable purposes of the Virginia Association of Secondary School Principals, Inc., hereinafter referred to as the "VASSP".The Foundation is expressly prohibited from engaging in any activity which would be inconsistent with the status of an educational, scientific, and charitable organization as defined in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, or any successor provision (the "Code").To accomplish this objective, the Foundation shall:A. Advance education in the field of pre-kindergarten through grade 16 (P-16) educational leadership and student leadership development.B. Develop and improve educational leadership in-service education by conducting education conferences, conventions, seminars, institutes, and workshops for leaders, students and student activity sponsors.C. Engage in research in the field of educational leadership and student leadersh
| Description | Grants | Expenses |
|---|---|---|
| See Supplemental Statement regarding Virginia Principals Mentoring Pilot Grant | - | $115,647 |
| VFEL continues its statewide service to address the State Board of Education's requirement that a school improvement plan be based on a comprehensive needs assessment. VFEL offers two services for school divisions with specific demographics that will address this requirement; the first service is a deep data analysis for individual schools and the second service is the development of a Community of Practice to establish a school improvement plan designed to increase graduation rates of Blacks, Latinos, and economically disadvantaged students.VFEL collaborated with the Virginia Association of Elementary School Principals, Virginia Association of Secondary School Principals, and Virginia Department of Education to conduct a "principal retention, attrition and mobility survey" of Virginia's PK-12 school principals. VFEL worked with the Virginia Association of Secondary School Principals and Virginia Department of Education on the planning of the annual Virginia Middle and High School Principals Conference and Exposition. VFEL has become a supporting organization of this annual statewide conference. | - | $80 |
| VFEL collaborated with VASSP and created a middile-school commission and a high-school commission to better service Virginia's school building level leaders. | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Dr Randy D Barrack | President | PT | $0 | - | - |
| Shawn DeRose | Chairman | - | $0 | - | - |
| Dr Richard A Turner | Trustee | - | $0 | - | - |
| Dr Lisa Coons | State Supt | - | $0 | - | - |
| Carolyn Bernard | Trustee | - | $0 | - | - |
| Dr Travis Burns | Trustee | - | $0 | - | - |
| Dr Patricia Wright | Trustee | - | $0 | - | - |
| Dr Carol C Robinson | Trustee | - | $0 | - | - |
| Dr Timothy Healey | Trustee | - | $0 | - | - |
| Dr Douglas Fulton | Trustee | - | $0 | - | - |
| Donald D Vale | Trustee | - | $0 | - | - |
“Office Expenses $1233”
“Grant Expenses $84793”
“Bank Service Fees $265”
“Taxes and License $55”
“Accounts Receivable - Beginning $0 Accounts Receivable - Ending $270517”
“Rounding - Beginning $0 Rounding - Ending $-2”
“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $42566”
“Deferred Revenue - Beginning $177238 Deferred Revenue - Ending $209915”
“Payable to Officers, Directors, Etc. - Beginning $0 Payable to Officers, Directors, Etc. - Ending $217101”
“Form 990-EZ, Part III, Line 28 - Program Service Accomplishments VIRGINIA PRINCIPALS MENTORING PILOT GRANTSummary - Working collaboratively with the Virginia Department of Education (VDOE), the Virginia Association of Secondary School Principals (VASSP), Virginia Association of Elementary School Principals (VAESP), and Virginia Foundation for Educational Leadership (VFEL) are currently piloting a new mentoring program for school administrators. Additional support is being provided to VFEL and VASSP by the National Association of Secondary School Principals (NASSP). VFEL is serving as the fiscal and administrative agent for the pilot with a grant provided by the Virginia by the Virginia Department of Education.Titled the Virginia Principals Mentoring Pilot (VPMP), this program will serve two purposes. First, the VPMP will provide principals with knowledge, skills, and support from their initial appointment throughout their beginning three-year period. Second, the VPMP will establish a platform to train mentors to work with newer principals within that beginning three-year period.Most importantly, VPMP Principals are participating in high quality, targeted professional development that assists in the transition to school leadership, examines the realities of principal-ship, and provides individualized support. The mentoring program will establish a safe space for beginner principals to grow in their role; problem solve and engage in an impactful way with peers.The pilot proposal discussions began in August 2023 with representatives from VDOE, VASSP, VAESP, and VFEL. Administering of the pilot began in the spring of 2024 and is scheduled to end February 2025.Scope of the Work - The first leg of the research-based VPMP is a six-month Leading Learning Training (LLT) based on Pillars, Practices, and Priorities for Effective Principals for Elementary and/or Middle School Principals or Building Ranks Focuses on Building Culture, Leading Learning - NASSP (LLT) for Secondary and/or Middle School Principals. Middle school principals will be able to select the model that best fits their needs (i.e., K-8 Principal vs a 6-8 Principal). All mentors will receive the same training as the principals. For a future scale-up, mentors will already have received the training that they need to deliver quality content to principals.Leading Learning (LLT) will engage the cohort members and mentors with content matching the needs of the zero to three-year principal. The VPMP will elevate the leadership skills of new principals to navigate and transition to their new position in the education system and support principal retention. It should be noted again that MPMP will establish a job-embedded program for future first year principals and will strengthen and grow the leaders of Virginia's most valued commodity: its children. In the second leg of research-based training, each VMP principal will be assigned a Principal Support Mentor (PSM). Gimble and Gow (2021) considered mentor/coaching a key enabler for leadership development because the mentee can work privately and individually with his or her coach/mentor to develop specific leadership competencies.The Principal Support Mentors (PSM.) will incorporate strategies, research, and coaching approaches gleaned from professional training while working with their cohort principals. PSMs will be trained to provide a weekly check-in session and a monthly formal session for each assigned zero to three-year principal. These sessions will be individualized to address the principal's progress with leadership development, including job embedded questions. PSMs will provide direct, confidential, and individualized mentoring services to new principals and will assist them in applying their learning from LLT sessions. The third leg of the research-based training utilizes the Emotional Quotient Inventory 2.0(EQ-i 2.0). The instrument, a 360-degree type, will be used on VMP Principals. The instrument measures an indivi”
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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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Trustee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Trustee |
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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To provide through its own activities, financial and volunteer support for the educational, scientific, and charitable purposes of the Virginia Association of Secondary School Principals, Inc., hereinafter referred to as the "VASSP".The Foundation is expressly prohibited from engaging in any activity which would be inconsistent with the status of an educational, scientific, and charitable organization as defined in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, or any successor provision (the "Code").To accomplish this objective, the Foundation shall:A. Advance education in the field of pre-kindergarten through grade 16 (P-16) educational leadership and student leadership development.B. Develop and improve educational leadership in-service education by conducting education conferences, conventions, seminars, institutes, and workshops for leaders, students and student activity sponsors.C. Engage in research in the field of educational leadership and student leadersh |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 158 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | See Supplemental Statement regarding Virginia Principals Mentoring Pilot Grant |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | VFEL continues its statewide service to address the State Board of Education's requirement that a school improvement plan be based on a comprehensive needs assessment. VFEL offers two services for school divisions with specific demographics that will address this requirement; the first service is a deep data analysis for individual schools and the second service is the development of a Community of Practice to establish a school improvement plan designed to increase graduation rates of Blacks, Latinos, and economically disadvantaged students.VFEL collaborated with the Virginia Association of Elementary School Principals, Virginia Association of Secondary School Principals, and Virginia Department of Education to conduct a "principal retention, attrition and mobility survey" of Virginia's PK-12 school principals. VFEL worked with the Virginia Association of Secondary School Principals and Virginia Department of Education on the planning of the annual Virginia Middle and High School Principals Conference and Exposition. VFEL has become a supporting organization of this annual statewide conference. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | VFEL collaborated with VASSP and created a middile-school commission and a high-school commission to better service Virginia's school building level leaders. |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Office Expenses $1233 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Grant Expenses $84793 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Bank Service Fees $265 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Taxes and License $55 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Accounts Receivable - Beginning $0 Accounts Receivable - Ending $270517 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Rounding - Beginning $0 Rounding - Ending $-2 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $42566 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Deferred Revenue - Beginning $177238 Deferred Revenue - Ending $209915 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Payable to Officers, Directors, Etc. - Beginning $0 Payable to Officers, Directors, Etc. - Ending $217101 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Form 990-EZ, Part III, Line 28 - Program Service Accomplishments VIRGINIA PRINCIPALS MENTORING PILOT GRANTSummary - Working collaboratively with the Virginia Department of Education (VDOE), the Virginia Association of Secondary School Principals (VASSP), Virginia Association of Elementary School Principals (VAESP), and Virginia Foundation for Educational Leadership (VFEL) are currently piloting a new mentoring program for school administrators. Additional support is being provided to VFEL and VASSP by the National Association of Secondary School Principals (NASSP). VFEL is serving as the fiscal and administrative agent for the pilot with a grant provided by the Virginia by the Virginia Department of Education.Titled the Virginia Principals Mentoring Pilot (VPMP), this program will serve two purposes. First, the VPMP will provide principals with knowledge, skills, and support from their initial appointment throughout their beginning three-year period. Second, the VPMP will establish a platform to train mentors to work with newer principals within that beginning three-year period.Most importantly, VPMP Principals are participating in high quality, targeted professional development that assists in the transition to school leadership, examines the realities of principal-ship, and provides individualized support. The mentoring program will establish a safe space for beginner principals to grow in their role; problem solve and engage in an impactful way with peers.The pilot proposal discussions began in August 2023 with representatives from VDOE, VASSP, VAESP, and VFEL. Administering of the pilot began in the spring of 2024 and is scheduled to end February 2025.Scope of the Work - The first leg of the research-based VPMP is a six-month Leading Learning Training (LLT) based on Pillars, Practices, and Priorities for Effective Principals for Elementary and/or Middle School Principals or Building Ranks Focuses on Building Culture, Leading Learning - NASSP (LLT) for Secondary and/or Middle School Principals. Middle school principals will be able to select the model that best fits their needs (i.e., K-8 Principal vs a 6-8 Principal). All mentors will receive the same training as the principals. For a future scale-up, mentors will already have received the training that they need to deliver quality content to principals.Leading Learning (LLT) will engage the cohort members and mentors with content matching the needs of the zero to three-year principal. The VPMP will elevate the leadership skills of new principals to navigate and transition to their new position in the education system and support principal retention. It should be noted again that MPMP will establish a job-embedded program for future first year principals and will strengthen and grow the leaders of Virginia's most valued commodity: its children. In the second leg of research-based training, each VMP principal will be assigned a Principal Support Mentor (PSM). Gimble and Gow (2021) considered mentor/coaching a key enabler for leadership development because the mentee can work privately and individually with his or her coach/mentor to develop specific leadership competencies.The Principal Support Mentors (PSM.) will incorporate strategies, research, and coaching approaches gleaned from professional training while working with their cohort principals. PSMs will be trained to provide a weekly check-in session and a monthly formal session for each assigned zero to three-year principal. These sessions will be individualized to address the principal's progress with leadership development, including job embedded questions. PSMs will provide direct, confidential, and individualized mentoring services to new principals and will assist them in applying their learning from LLT sessions. The third leg of the research-based training utilizes the Emotional Quotient Inventory 2.0(EQ-i 2.0). The instrument, a 360-degree type, will be used on VMP Principals. The instrument measures an indivi |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Assets.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Total Liabilities.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Total Liabilities.1006 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Statement Note 1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-15 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VIRG |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Richmond |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 23226 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8042888516 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Elaine M Ragland CPA |
| ReturnHeader/ReturnTs | 0 | 2025-05-15T12:30:04-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
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