V M I Alumni Association
501(c)(3) Donations tax-deductible
Only null% goes to programs
V M I Alumni Association is a 501(c)(3) organization based in Lexington, Virginia, registered in 1926, with $1,207,792 in FY2024 revenue. CharityIndex grades it B.
Po Box 932, Lexington, VA, 24450 EIN 54-0515753 Since 1926
Revenue (FY2024)
$1.2M
▲ 4.1% vs prior year
Expenses (FY2024)
$1.2M
Net assets
$171K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for V M I Alumni Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For V M I Alumni Association: 2 mo reserves · +0% margin earns a B on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for V M I Alumni Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For V M I Alumni Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $1.7M (FY2013) to $1.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $434KNet assets $171K
Operating margin
0.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$605K
Total liabilities
$434K
Net assets
$171K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,207,792▲4.1% | $1,205,558▲4.0% | $170,506▲1.3% | $604,910▼8.9% | 990 |
| 2023 | $1,160,430▲15.9% | $1,159,267▲15.9% | $168,272▲0.7% | $663,779▲14.2% | 990 |
| 2022 | $1,001,322▼27.8% | $1,000,023▼30.5% | $167,109▲0.8% | $581,109▼85.1% | 990 |
| 2021 | $1,387,698▲30.8% | $1,438,960▲36.8% | $165,810▼23.6% | $3,901,860▲53.5% | 990 |
| 2020 | $1,061,041▼13.0% | $1,052,118▼16.6% | $217,072▲4.3% | $2,541,538▲79.6% | 990 |
| 2019 | $1,218,964▲6.9% | $1,262,138▼3.4% | $208,149▼17.2% | $1,414,959▲262% | 990 |
| 2018 | $1,140,663▼22.3% | $1,306,559▼13.4% | $251,323▼39.8% | $390,624▼26.0% | 990 |
| 2017 | $1,468,181▼15.8% | $1,509,339▼9.9% | $417,219▼9.0% | $527,679▼4.2% | 990 |
| 2016 | $1,744,294▲6.4% | $1,676,027▼1.3% | $458,377▲17.5% | $550,834▲11.9% | 990 |
| 2015 | $1,639,000▼7.0% | $1,697,523▼2.3% | $390,110▼13.0% | $492,352▼12.8% | 990 |
| 2014 | $1,761,678▲1.6% | $1,737,222▼2.1% | $448,633▲5.8% | $564,860▲3.9% | 990 |
| 2013 | $1,734,540 | $1,775,207▲8.0% | $424,177▼8.7% | $543,889▼6.8% | 990 |
| 2012 | — | $1,644,313▲2.3% | $464,844▼0.3% | $583,416▲4.3% | 990 |
| 2011 | — | $1,607,551▼2.7% | $466,023▲33.9% | $559,507▲28.5% | 990 |
| 2010 | — | $1,652,804▲12.7% | $348,099▲18.8% | $435,569▲30.9% | 990 |
| 2009 | — | $1,466,005 | $293,094 | $332,654 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is V M I Alumni Association a legitimate nonprofit?
- Yes. V M I Alumni Association is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-0515753, based in Lexington, Virginia. Donations are tax-deductible.
- What is V M I Alumni Association's EIN?
- V M I Alumni Association's Employer Identification Number (EIN) is 54-0515753.
- How much revenue does V M I Alumni Association report?
- V M I Alumni Association reported $1,207,792 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does V M I Alumni Association have?
- CharityIndex grades V M I Alumni Association B, based on financial health (reserves and operating margin).
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Data for V M I Alumni Association (EIN 54-0515753) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.