Civic Intelligence

Virginia Mentoring Partnership

990 • Fiscal year 2017 • EIN 54-1814823

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 11, 2018

4900 Augusta Avenue 140Richmond, VA 23230

(804) 828-1536

Siviq Scores

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

Liabilities / Assets

77th percentile

0.29x

Higher debt load relative to assets than 77% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.07x

Higher debt load relative to revenue than 59% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

42nd percentile

0.8%

Higher net margin than 42% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

83rd percentile

$83,978

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 16.6% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

56th percentile

5.4%

Faster asset growth than 56% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2017

Revenue Growth

50th percentile

4.9%

Faster revenue growth than 50% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2017

Assets

Up

$116,433

Up $11,612 (+11%) from 2015

Net Assets

Up

$83,044

Up $28,737 (+53%) from 2015

Liabilities

Down

$33,389

Down $17,125 (-34%) from 2015

Revenue

Up

$507,059

Up $45,948 (+10.0%) from 2015

Expenses

Up

$502,786

Up $8,231 (+1.7%) from 2015

Net Income

Up

$4,273

Up $37,717 (+113%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $605,609Liabilities 2010: $61,836Net Assets 2010: $543,7732010Assets 2011: $653,265Liabilities 2011: $144,487Net Assets 2011: $508,7782011Assets 2012: $403,688Liabilities 2012: $75,550Net Assets 2012: $328,1382012Assets 2013: $268,814Liabilities 2013: $71,285Net Assets 2013: $197,5292013Assets 2014: $136,582Liabilities 2014: $48,831Net Assets 2014: $87,7512014Assets 2015: $104,821Liabilities 2015: $50,514Net Assets 2015: $54,3072015Assets 2017: $116,433Liabilities 2017: $33,389Net Assets 2017: $83,0442017Assets 2018: $141,168Liabilities 2018: $31,537Net Assets 2018: $109,6312018Assets 2019: $128,286Liabilities 2019: $82,062Net Assets 2019: $46,2242019Assets 2020: $231,311Liabilities 2020: $67,933Net Assets 2020: $163,3782020Assets 2021: $296,086Liabilities 2021: $49,511Net Assets 2021: $246,5752021Assets 2022: $410,836Liabilities 2022: $22,694Net Assets 2022: $388,1422022Assets 2023: $390,525Liabilities 2023: $17,040Net Assets 2023: $373,4852023Assets 2024: $565,696Liabilities 2024: $9,771Net Assets 2024: $555,9252024Assets 2025: $517,379Liabilities 2025: $7,324Net Assets 2025: $510,0552025

Highlighted filing

2017

Assets$116,433
Liabilities$33,389
Net Assets$83,044

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $424,3682010Expenses 2011: $465,7862011Expenses 2012: $516,5122012Revenue 2013: $404,189Expenses 2013: $534,798Net Income 2013: -$130,6092013Revenue 2014: $399,131Expenses 2014: $508,909Net Income 2014: -$109,7782014Revenue 2015: $461,111Expenses 2015: $494,555Net Income 2015: -$33,4442015Revenue 2017: $507,059Expenses 2017: $502,786Net Income 2017: $4,2732017Revenue 2018: $554,810Expenses 2018: $528,223Net Income 2018: $26,5872018Revenue 2019: $474,992Expenses 2019: $512,532Net Income 2019: -$37,5402019Revenue 2020: $560,851Expenses 2020: $443,697Net Income 2020: $117,1542020Revenue 2021: $282,774Expenses 2021: $211,445Net Income 2021: $71,3292021Revenue 2022: $528,577Expenses 2022: $387,011Net Income 2022: $141,5662022Revenue 2023: $407,779Expenses 2023: $422,436Net Income 2023: -$14,6572023Revenue 2024: $567,824Expenses 2024: $385,384Net Income 2024: $182,4402024Revenue 2025: $275,801Expenses 2025: $321,671Net Income 2025: -$45,8702025

Highlighted filing

2017

Revenue$507,059
Expenses$502,786
Net Income$4,273
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 11, 2018
Return Version
2017v2.3
Gross Receipts
$507,487
Mission and Program Overview

Mission

Virginia mentoring partnership provides training and technical assistance to mentors and mentoring programs to increase the quality and quantity of mentoring for virginia's youth. The vision of vmp is that every child who needs a mentor should have a mentor. Vmp promotes effective mentoring in virginia by increasing the capacity of mentoring programs, developing new programs, and advocating for resources to support the mentoring field.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$78,295$90,774▲ $12,479
Accounts Receivable$44,706$22,526▼ $22,180
Land, Buildings, and Equipment, Net$3,968$2,998▼ $970
Prepaid Expenses and Deferred Charges$135$135→ $0
Total Assets$127,104$116,433▼ $10,671
Liabilities
Accounts Payable and Accrued Expenses$33,879$30,889▼ $2,990
Other Liabilities$14,454$2,500▼ $11,954
Total Liabilities$48,333$33,389▼ $14,944
Net Assets / Fund Balance
Temporarily Rstr Net Assets$70,000$58,031▼ $11,969
Unrestricted Net Assets$8,771$25,013▲ $16,242
Total Net Assets Fund Balance$78,771$83,044▲ $4,273
Total Liabilities and Net Assets / Fund Balance$127,104$116,433▼ $10,671

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$44,216$44,216
Other Land Buildings$2,998$13,012$16,010
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Elizabeth B ClelandPresidentFT$83,978$83,978

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$353,157
Program Service Revenue
$154,308
Investment Income
$-406
Other Revenue
$0
All Other Contributions
$328,157
Change in Net Assets
$4,273

Audited Revenue Reconciliation

Revenue per Audited Statements
$507,059
Revenue Not Reported on Form 990
$78,174
Total Revenue per Audited Statements
$585,233
Total Revenue per Form 990
$507,059
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$286,795
Other Expenses$215,991
Total Fundraising Expense$52,865
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$173,347$12,392$29,250$214,989
Other Employee Benefits$56,413$4,613$10,780$71,806
All Other Expenses$32,865$6,918$7,241$47,024
Occupancy$28,504$2,683$2,347$33,534
Other Expenses$11,346$1,899$1,261$12,607
Fees for Services Accounting$1,251$11,258-$12,509
Travel$9,459--$9,459
Depreciation Depletion$2,291$215$187$2,693
Conferences and Meetings$1,597$84-$1,681
Office Expenses$11$13$138$162
Interest-$58-$58
Total Functional Expenses$409,788$40,133$52,865$502,786

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$580,960
Expenses per Audited Statements$502,786
Total Expenses per Form 990$502,786
Expenses Not Reported on Form 990$78,174
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Income$2,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

An electronic copy of form 990 is provided to board members prior to filing.

Form 990, Page 6, Part VI, Line 12C

Compliance in accordance with the virginia state and local government conflict of interest act.

Form 990, Page 6, Part VI, Line 15A

Executive director compensation reviewed and approved by board's executive committee. We also comply with the vcu human resources procedures due to our integrated relationship.

Form 990, Page 6, Part VI, Line 15B

Key employee compensation reviewed and approved by board's executive committee. We also comply with the vcu human resources procedures due to our integrated relationship.

Form 990, Page 6, Part VI, Line 19

Governing documents, policies and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Virginia Mentoring Partnership
EIN
54-1814823
Phone
8048281536
Address
4900 AUGUSTA AVENUE 140, RICHMOND, VA 23230

Signing Officer

Name
Elizabeth B Cleland
Title
President
Phone
8048281536
Signed
2018-06-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth B Cleland
Formed
1993
Legal Domicile
Va
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
50

Preparer

Firm
Harris Hardy & Johnstone Pc
Address
300 ARBORETUM PL STE 660, RICHMOND, VA 23236
Preparer
N Douglas Henley
Phone
8045600560
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Virginia mentoring partnership provides training and technical assistance to mentors and mentoring programs to increase the quality and quantity of mentoring for virginia's youth. The vision of vmp is that every child who needs a mentor should have a mentor. Vmp promotes effective mentoring in virginia by increasing the capacity of mentoring programs, developing new programs, and advocating for resources to support the mentoring field.

Financial Statement Notes

Schedule D, Page 3, Part X

The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the partnership may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the partnership and various positions related to the potential sources of unrelated business taxable income (ubti). The partnership has recognized no uncertain tax positions for the year ended december 31, 2017. The partnership is generally no longer subject to examination by the internal revenue service for years before 2014.

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IRS990/MissionDesc0VIRGINIA MENTORING PARTNERSHIP PROVIDES TRAINING AND TECHNICAL ASSISTANCE TO MENTORS AND MENTORING PROGRAMS TO INCREASE THE QUALITY AND QUANTITY OF MENTORING FOR VIRGINIA'S YOUTH. THE VISION OF VMP IS THAT EVERY CHILD WHO NEEDS A MENTOR SHOULD HAVE A MENTOR. VMP PROMOTES EFFECTIVE MENTORING IN VIRGINIA BY INCREASING THE CAPACITY OF MENTORING PROGRAMS, DEVELOPING NEW PROGRAMS, AND ADVOCATING FOR RESOURCES TO SUPPORT THE MENTORING FIELD.
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IRS990/PrincipalOfficerNm0ELIZABETH B CLELAND
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE PARTNERSHIP MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE PARTNERSHIP AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE PARTNERSHIP HAS RECOGNIZED NO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2017. THE PARTNERSHIP IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2014.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VIRGINIA MENTORING PARTNERSHIP PROVIDES TRAINING AND TECHNICAL ASSISTANCE TO MENTORS AND MENTORING PROGRAMS TO INCREASE THE QUALITY AND QUANTITY OF MENTORING FOR VIRGINIA'S YOUTH. THE VISION OF VMP IS THAT EVERY CHILD WHO NEEDS A MENTOR SHOULD HAVE A MENTOR. VMP PROMOTES EFFECTIVE MENTORING IN VIRGINIA BY INCREASING THE CAPACITY OF MENTORING PROGRAMS, DEVELOPING NEW PROGRAMS, AND ADVOCATING FOR RESOURCES TO SUPPORT THE MENTORING FIELD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AN ELECTRONIC COPY OF FORM 990 IS PROVIDED TO BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPLIANCE IN ACCORDANCE WITH THE VIRGINIA STATE AND LOCAL GOVERNMENT CONFLICT OF INTEREST ACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE DIRECTOR COMPENSATION REVIEWED AND APPROVED BY BOARD'S EXECUTIVE COMMITTEE. WE ALSO COMPLY WITH THE VCU HUMAN RESOURCES PROCEDURES DUE TO OUR INTEGRATED RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4KEY EMPLOYEE COMPENSATION REVIEWED AND APPROVED BY BOARD'S EXECUTIVE COMMITTEE. WE ALSO COMPLY WITH THE VCU HUMAN RESOURCES PROCEDURES DUE TO OUR INTEGRATED RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.17$0.07$5.10$2.76$3.22$0.46
2024Detailed filing. Detailed filing data is available for this year.$5.66$0.10$5.56$5.68$3.85$1.82
2023Detailed filing. Detailed filing data is available for this year.$3.91$0.17$3.73$4.08$4.22$0.15
2022Detailed filing. Detailed filing data is available for this year.$4.11$0.23$3.88$5.29$3.87$1.42
2021Detailed filing. Detailed filing data is available for this year.$2.96$0.50$2.47$2.83$2.11$0.71
2020Detailed filing. Detailed filing data is available for this year.$2.31$0.68$1.63$5.61$4.44$1.17
2019Detailed filing. Detailed filing data is available for this year.$1.28$0.82$0.46$4.75$5.13$0.38
2018Detailed filing. Detailed filing data is available for this year.$1.41$0.32$1.10$5.55$5.28$0.27
2017Detailed filing. Detailed filing data is available for this year.$1.16$0.33$0.83$5.07$5.03$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.05$0.51$0.54$4.61$4.95$0.33
2014Detailed filing. Detailed filing data is available for this year.$1.37$0.49$0.88$3.99$5.09$1.10
2013Detailed filing. Detailed filing data is available for this year.$2.69$0.71$1.98$4.04$5.35$1.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.04$0.76$3.28$5.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.53$1.44$5.09$4.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.06$0.62$5.44$4.24