Civic Intelligence

Lead Virginia

EIN 59-3806367 • 501(c)3 • Richmond, VA

Profile

Lead virginia connects leaders to shape the commonwealth's future through an annual program of educational forums and regional session visits to seven diverse regions of virginia. Framed around social capital theory and curriculum themes of economy, education and health, lead virginia's annual program attracts high performing leaders, challenges pre-conceived notions and provides participants with a 360-degree perspective of virginia's regions and their mutual interdependence. Graduates of the program are informed on issues important to virginia's future and prepared to serve at local, regional and statewide capacities with their statewide perspective.

6800 Paragon Pl Ste 450Richmond, VA 23230

www.leadva.org

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.18x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.12x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

32nd percentile

-3.6%

Higher net margin than 32% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

20th percentile

-9.8%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

43rd percentile

2.9%

Faster revenue growth than 43% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Assets

Down

$587,926

Down $92,951 (-14%) from 2023

Liabilities

Down

$104,600

Down $91,571 (-47%) from 2023

Net Assets

Down

$483,326

Down $1,380 (-0.3%) from 2023

Revenue

Up

$867,993

Up $84,287 (+11%) from 2023

Expenses

Up

$899,661

Up $104,407 (+13%) from 2023

Net Income

Down

-$31,668

Down $20,120 (-174%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2014: $804,760Liabilities 2014: $69,028Net Assets 2014: $735,7322014Assets 2015: $830,199Liabilities 2015: $58,747Net Assets 2015: $771,4522015Assets 2016: $666,106Liabilities 2016: $41,328Net Assets 2016: $624,7782016Assets 2017: $643,384Liabilities 2017: $74,045Net Assets 2017: $569,3392017Assets 2018: $576,055Liabilities 2018: $137,459Net Assets 2018: $438,5962018Assets 2019: $716,762Liabilities 2019: $161,756Net Assets 2019: $555,0062019Assets 2020: $807,379Liabilities 2020: $410,324Net Assets 2020: $397,0552020Assets 2021: $666,110Liabilities 2021: $146,376Net Assets 2021: $519,7342021Assets 2022: $722,963Liabilities 2022: $239,608Net Assets 2022: $483,3552022Assets 2023: $680,877Liabilities 2023: $196,171Net Assets 2023: $484,7062023Assets 2024: $587,926Liabilities 2024: $104,600Net Assets 2024: $483,3262024

Highlighted filing

2024

Assets$587,926
Liabilities$104,600
Net Assets$483,326

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $914,543Expenses 2014: $690,498Net Income 2014: $224,0452014Revenue 2015: $809,304Expenses 2015: $773,584Net Income 2015: $35,7202015Revenue 2016: $632,415Expenses 2016: $787,718Net Income 2016: -$155,3032016Revenue 2017: $771,970Expenses 2017: $825,644Net Income 2017: -$53,6742017Revenue 2018: $742,379Expenses 2018: $862,216Net Income 2018: -$119,8372018Revenue 2019: $957,140Expenses 2019: $861,832Net Income 2019: $95,3082019Revenue 2020: $445,080Expenses 2020: $594,839Net Income 2020: -$149,7592020Revenue 2021: $964,237Expenses 2021: $838,662Net Income 2021: $125,5752021Revenue 2022: $819,452Expenses 2022: $804,031Net Income 2022: $15,4212022Revenue 2023: $783,706Expenses 2023: $795,254Net Income 2023: -$11,5482023Revenue 2024: $867,993Expenses 2024: $899,661Net Income 2024: -$31,6682024

Highlighted filing

2024

Revenue$867,993
Expenses$899,661
Net Income-$31,668

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.88$1.05$4.83$8.68$9.00$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.81$1.96$4.85$7.84$7.95$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.23$2.40$4.83$8.19$8.04$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.66$1.46$5.20$9.64$8.39$1.26
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.07$4.10$3.97$4.45$5.95$1.50
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.17$1.62$5.55$9.57$8.62$0.95
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.76$1.37$4.39$7.42$8.62$1.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.43$0.74$5.69$7.72$8.26$0.54
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.66$0.41$6.25$6.32$7.88$1.55
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.30$0.59$7.71$8.09$7.74$0.36
2014Detailed filing. Detailed filing data is available for this year.$8.05$0.69$7.36$9.15$6.90$2.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.0
Gross Receipts
$873,293
Mission and Program Overview

Mission

Lead virginia connects leaders to shape the commonwealth's future through an annual program of educational forums and regional session visits to seven diverse regions of virginia. Framed around social capital theory and curriculum themes of economy, education and health, lead virginia's annual program attracts high performing leaders, challenges pre-conceived notions and provides participants with a 360-degree perspective of virginia's regions and their mutual interdependence. Graduates of the program are informed on issues important to virginia's future and prepared to serve at local, regional and statewide capacities with their statewide perspective.

Lead virginia connects leaders to shape the commonwealth's future through an annual program of educational forums and regional session visits to six diverse regions of virginia. Framed around social capital theory and curriculum themes of economy, education and health, lead virginia's annual program attracts high performing leaders, challenges pre-conceived notions and provides participants with a 360-degree perspective of virginia's regions and their mutual interdependence. Graduates of the program are informed on issues important to virginia's future and prepared to serve at local, regional and statewide capacities with their statewide perspective.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$212,311$243,687▲ $31,376
Savings and Temporary Cash Investments$124,068$128,944▲ $4,876
Cash and Non-Interest-Bearing Accounts$169,221$91,912▼ $77,309
Accounts Receivable$1,500$18,810▲ $17,310
Pledges and Grants Receivable$11,000$6,500▼ $4,500
Prepaid Expenses and Deferred Charges$6,827$5,400▼ $1,427
Land, Buildings, and Equipment, Net$3,131$2,502▼ $629
Total Assets$680,877$587,926▼ $92,951
Other Assets Total$152,819$90,171▼ $62,648
Liabilities
Other Liabilities$118,151$54,907▼ $63,244
Accounts Payable and Accrued Expenses$78,020$41,133▼ $36,887
Deferred Revenue-$8,560-
Total Liabilities$196,171$104,600▼ $91,571
Net Assets / Fund Balance
Net Assets With Donor Restrictions$253,936$312,812▲ $58,876
Net Assets Without Donor Restrictions$230,770$170,514▼ $60,256
Total Net Assets Fund Balance$484,706$483,326▼ $1,380
Total Liabilities and Net Assets / Fund Balance$680,877$587,926▼ $92,951

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,530$65,999$67,529
Equipment$972$4,352$5,324
Other Assets Org$3,300--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$212,125-▲ $31,562-$243,687
2023$185,591-▲ $26,720-$212,311
2022$212,449$3,444▼ $30,433$55$185,405
2021$178,401$1,150▲ $34,048$1,150$212,449
2020$133,424$32,840▲ $14,252$2,115$178,401
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan HornePresident &FT$189,729$8,250$197,979
Susan HornePresident & CEO-$189,729$8,250$197,979

Board Members and Trustees

NameTitle
Gina SlaunwhiteAlumni Chair
Joe HinesChair
Rhodes RitenourPast Chair
Laurie HeadVice Chair
Alexis EhrhardtDirector
Amanda CoxDirector
Betsy FrantzDirector
Brian FieldsDirector
Corey ClayborneDirector
Ed WhiteDirector
Hank ColemanDirector
Hon Kelly GeeDirector
Hong WebbDirector
Ilsa LoeserDirector
James Buddy KourouklisDirector
Jay NicholsDirector
Jeff JohnsonDirector
Johnny GarciaDirector
Katharine BondDirector
Keith MartinDirector
Leanna BlevinsDirector
Melissa LubinDirector
Raymond KnottDirector
Rus Hayslett JrDirector
Shannon BlevinsDirector
Sharon LovellDirector
Skip SkinnerDirector
Todd RowleyDirector
Mike PorterCommunicatio
Kathleen BoweDevelopment
John WolffEndowment Ch
Doug McdonaldGeneral Coun
Bryan StephensMilitary Lia
Kc HailePersonnel Ch
John ThomasPrgm/curricu
Georgie MarquezScholarship
Diane MillerSecretary
Jeff SchraggTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$475,277
Program Service Revenue
$364,947
Investment Income
$25,218
Other Revenue
$2,551
All Other Contributions
$475,277
Change in Net Assets
$-31,668

Audited Revenue Reconciliation

Revenue per Audited Statements
$867,993
Revenue Not Reported on Form 990
$47,675
Total Revenue per Audited Statements
$915,668
Total Revenue per Form 990
$867,993
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$548,174
Salaries, Compensation, and Employee Benefits$351,487
Total Fundraising Expense$127,920
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$118,787$19,798$59,394$197,979
Other Salaries and Wages$69,713$41,156$15,868$126,737
Advertising$66,868$7,430$47,155$121,453
Occupancy$25,255$25,254-$50,509
Travel$42,024--$42,024
Conferences and Meetings$35,285$377-$35,662
Office Expenses$14,767$14,113-$28,880
Fees for Services Accounting-$27,640-$27,640
Payroll Taxes$12,683$4,282$5,005$21,970
All Other Expenses$150$11,952-$12,102
Other Expenses$11,655$17,456-$11,655
Pension Plan Contributions$2,585$1,718$498$4,801
Insurance-$4,776-$4,776
Depreciation Depletion$315$314-$629
Interest-$70-$70
Total Functional Expenses$595,405$176,336$127,920$899,661

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$939,961
Expenses per Audited Statements$899,661
Total Expenses per Form 990$899,661
Expenses Not Reported on Form 990$40,300
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
Obligations Under Capital Lease - St$49,986
Obligations Under Capital Lease - Lt$4,921
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 was e-mailed to all board members for review prior to filing the return.

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

The conflict of interest policy is reviewed at the annual board meeting and all board members are required to sign the disclosure form annually.

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

Executive committee approves ceo compensation.

Form 990, Page 6, Part VI, Line 19

Available upon request and through giverichmond.org

Filing and Contact Details

Filer

Filer Name
Lead Virginia
EIN
59-3806367
Phone
8046445323
Address
6800 PARAGON PL STE 450, RICHMOND, VA 23230

Signing Officer

Name
Susan Horne
Title
President & CEO
Phone
8046445323
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Horne
Formed
2005
Legal Domicile
Va
Voting Board Members
39
Independent Board Members
38
Employees
3
Volunteers
85

Preparer

Firm
Wellscoleman
Address
5004 MONUMENT AVE, RICHMOND, VA 23230
Preparer
Rebecca J Tres
Phone
8043581150
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Lead virginia connects leaders to shape the commonwealth's future through an annual program of educational forums and regional session visits to six diverse regions of virginia. Framed around social capital theory and curriculum themes of economy, education and health, lead virginia's annual program attracts high performing leaders, challenges pre-conceived notions and provides participants with a 360-degree perspective of virginia's regions and their mutual interdependence. Graduates of the program are informed on issues important to virginia's future and prepared to serve at local, regional and statewide capacities with their statewide perspective.

Form 990, Part XI, Line 9

Office sublease rent 5,300 office sublease rent -5,300

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Office sublease rent 5,300

Schedule D, Page 4, Part XII, Line 2D

Office sublease rent 5,300

Raw XML AppendixShowing 400 of 733 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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IRS990/ActivityOrMissionDesc0LEAD VIRGINIA CONNECTS LEADERS TO SHAPE THE COMMONWEALTH'S FUTURE THROUGH AN ANNUAL PROGRAM OF EDUCATIONAL FORUMS AND REGIONAL SESSION VISITS TO SIX DIVERSE REGIONS OF VIRGINIA. FRAMED AROUND SOCIAL CAPITAL THEORY AND CURRICULUM THEMES OF ECONOMY, EDUCATION AND HEALTH, LEAD VIRGINIA'S ANNUAL PROGRAM ATTRACTS HIGH PERFORMING LEADERS, CHALLENGES PRE-CONCEIVED NOTIONS AND PROVIDES PARTICIPANTS WITH A 360-DEGREE PERSPECTIVE OF VIRGINIA'S REGIONS AND THEIR MUTUAL INTERDEPENDENCE. GRADUATES OF THE PROGRAM ARE INFORMED ON ISSUES IMPORTANT TO VIRGINIA'S FUTURE AND PREPARED TO SERVE AT LOCAL, REGIONAL AND STATEWIDE CAPACITIES WITH THEIR STATEWIDE PERSPECTIVE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt11PRGM/CURRICU
IRS990/Form990PartVIISectionAGrp/TitleTxt12SCHOLARSHIP
IRS990/Form990PartVIISectionAGrp/TitleTxt13GENERAL COUN
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt34DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt35DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt36DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt37DIRECTOR
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