Versability Resources Inc
501(c)(3) Donations tax-deductible
96% goes to programs $36 to raise $100 Strong reserves Growing revenue
Versability Resources Inc is a 501(c)(3) organization based in Hampton, Virginia, registered in 1967, with $65,722,830 in FY2024 revenue. CharityIndex grades it B, and it directs about 96% of spending to programs.
2520 58th St, Hampton, VA, 23661 EIN 54-0802199 Since 1967
Revenue (FY2024)
$65.7M
▲ 2.6% vs prior year
Expenses (FY2024)
$62.9M
Net assets
$43.9M
Employees
838
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →CProgram efficiency40% of the rating96% to programs · $36 to raise $100
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. For Versability Resources Inc: 96% to programs · $36 to raise $100 earns a C on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +4% 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 Versability Resources Inc: 8 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Versability Resources Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Versability Resources Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Versability resources, inc. assists people with developmental and other disabilities in choosing goals and leading satisfying lives. through the provision of residential, employment, day support and early prevention and intervention services, versability currently assists 1,500 individuals each year.
What they do
Employment services-versability resources creates employment opportunities for people of all abilities, including those with disabilities. we offer jobs and career opportunities based on professional interests and personal goals. in addition to the pride, dignity, and independence that comes with earning ones own wages, consistent work allows people with disabilities to improve their health by engaging in ongoing physical activity and regular social interaction. we are a leader in federal contracts that employ people with disabilities and boast a supported employment program that provides job opportunities in the hampton roads community and surrounding region. we offer work readiness and training programs that help students with documented disabilities prepare for the future. versability is also able to offer a skilled workforce to perform a variety of contract work for business partners. we support regional and international companies through production, manufacturing, x-ray and paper scanning, logistics, assembly, and more. our supported employment program helps regional businesses thrive while creating community-based employment opportunities for individuals with disabilities. skilled employment specialists provide on-site training and long-term follow-along supervision to help each individual succeed in their job and ensure employers throughout hampton roads are pleased with the partnership. high school students with disabilities are guided from the special education classroom to successful employment by providing on-the-job training and paid employment through our school-year transition to work program. our pre-ets discovery academy takes place over the summer and focuses on work-based learning experiences and instruction in self-advocacy. individuals with disabilities in versability's employment services program in hampton receive paid employment, job training, and supports not typically available in other business settings (ex: behavioral prompts). individuals perform a variety of work, such as light manufacturing, scanning x-rays and documents, order fulfillment, and coordinating mailings. we utilize jigs that help people with mobility issues excel in work. versability's skilled workforce of people with disabilities meets regional business needs and provides valuable support to budding entrepreneurs.
Federal contracts- versability resources has multiple government contracts at various installations throughout hampton roads and across the nation where people with disabilities work alongside military personnel and earn competitive wages. these unique and challenging jobs include manufacturing eyeglasses, administration, distributing military mail, maintaining grounds in high visibility areas, custodial, assisting with food preparation and distribution, and versability is the prime contractor for loading food on ships for the navy at numerous locations nationwide, which amounts to more than 300 jobs for people with disabilities.
Day services program- versability offers a person-centered approach to activities and new learning experiences for adults with intellectual and developmental disabilities. our goal is to help people with disabilities reach their highest level of independence and community engagement. the people we serve participate in a range of volunteer activities and projects within the community, and participate in local recreational outings to parks, museums, and events. versability's early prevention and intervention for children program assists infants and toddlers with disabilities ages 0 to 3 years old by tailoring therapy programs so each child is prepared for success in school, work, and life. versability service coordinators assess a child's needs and coordinate tailored therapy to ensure each child reaches their full potential. our family-based approach provides parents and caregivers with support and training in developmental milestones, parenting skills, and therapy techniques.
Contact & location
Financial trends
Revenue grew from $37.2M (FY2014) to $65.7M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $10.1MNet assets $43.9M
Operating margin
4.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$54.1M
Total liabilities
$10.1M
Net assets
$43.9M
Salaries & benefits
$37.9M
60% of expenses
Board members
17
17 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $65,722,830▲2.6% | $62,868,874▲6.6% | $43,921,919▲7.9% | $54,053,262▲5.2% | 990 |
| 2023 | $64,050,946▲8.2% | $58,992,045▲11.6% | $40,707,292▲14.2% | $51,398,263▲8.9% | 990 |
| 2022 | $59,180,991▲5.9% | $52,838,747▲8.3% | $35,648,391▲21.6% | $47,187,379▲21.0% | 990 |
| 2021 | $55,905,926▲27.9% | $48,797,633▲17.2% | $29,306,147▲32.0% | $38,988,304▲29.0% | 990 |
| 2020 | $43,708,484▼3.6% | $41,625,306▼3.7% | $22,197,854▲10.4% | $30,226,693▲6.2% | 990 |
| 2019 | $45,319,163▼2.9% | $43,228,195▼1.4% | $20,114,676▲10.7% | $28,452,611▲5.3% | 990 |
| 2018 | $46,685,522▲4.6% | $43,844,948▲5.2% | $18,163,998▲18.5% | $27,020,940▲6.6% | 990 |
| 2017 | $44,648,865▲2.9% | $41,665,549▲1.8% | $15,323,424▲24.2% | $25,349,341▲19.6% | 990 |
| 2016 | $43,380,382▲7.9% | $40,929,751▲5.3% | $12,340,108▲24.8% | $21,196,959▲16.6% | 990 |
| 2015 | $40,190,902▲8.0% | $38,868,413▲4.0% | $9,889,477▲15.4% | $18,178,809▲10.7% | 990 |
| 2014 | $37,217,835 | $37,362,119▲18.9% | $8,566,988▲4.2% | $16,419,877▼7.0% | 990 |
| 2012 | — | $31,424,380▲6.4% | $8,220,570▲11.0% | $17,656,788▲26.5% | 990 |
| 2011 | — | $29,528,312▲9.9% | $7,402,919▲17.3% | $13,956,139▼1.4% | 990 |
| 2010 | — | $26,863,857▲16.1% | $6,313,516▲14.9% | $14,160,020▲7.1% | 990 |
| 2009 | — | $23,138,517 | $5,495,346 | $13,219,050 | 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.
Leadership & compensation (FY2024)
Highest-paid: Kathryn Grzelkowski — $405,818 (0.65% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kathryn Grzelkowski | Pres/ceo | 56 | $405,818 |
| Renee Rose | Coo | 45 | $280,805 |
| David Neary | Vp of Government Contracts | 45 | $194,310 |
| Michael Tomchick | Cfo - Begin 3/4/2024 | 52 | $193,861 |
| Linda R Kerns | Cclo - Term 6/30/2024 | 40 | $193,299 |
| Tammy T Robbs | Cfo - Term 6/30/2024 | 40 | $162,552 |
| Bettie J Hill | Controller | 40 | $161,351 |
| Ebonee Atkinson | Vp of Community Living | 64 | $153,275 |
| John Rodenberg | Vp of Marketing and Development | 50 | $142,713 |
| Lakisa Ward | Vp of Business Operations and Strategic Services | 50 | $141,740 |
| Ferdinandnestor Q Frando | Manager, San Diego Ship Provisioning | 40 | $139,310 |
| Amarita K Strange | Vp of Human Resources | 40 | $134,829 |
| Joseph Daniel Harrow | Cdmo - Term 6/30/2024 | 40 | $113,769 |
| Brad Williamson | Director | 2 | — |
| Crystal Bright | Director | 2 | — |
| David Mcfarlane | Director | 2 | — |
| Dian Calderone | Treasurer | 2.5 | — |
| Dr John Tanner | Director | 2 | — |
| Dr Raymond Haynes | Director | 2 | — |
| Edith White | Secretary | 2.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Challenge Enterprises | Subcontractors On Abilityone Contracts | $2,349,269 |
| Northwest Center | Subcontractors On Abilityone Contracts | $2,026,852 |
| Sourceamerica | Contract Facilitator | $1,572,272 |
| Postmasters | Subcontractors On Abilityone Contracts | $1,471,233 |
| Minot Vocational | Subcontractors On Abilityone Contracts | $722,017 |
Grants received · $525K total
22 grants to Versability Resources Inc totaling $525K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation Inc | Health and wellness | 2024 | $43,098 |
| Independent Charitable Gift Fund | General support | 2024 | $40,000 |
| Sourceamerica | Npa training vouchers, training, compliance, & certification grant, qwe | 2024 | $17,567 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $10,000 |
| Charities Aid Foundation America | Charitable donation | 2023 | $50,100 |
| The Community Foundation Inc | Health and wellness | 2023 | $41,673 |
| Sourceamerica | Npa training vouchers, training, compliance, & certification grant, qwe | 2023 | $19,077 |
| The Community Foundation Inc | Health and wellness | 2022 | $39,265 |
| Sentara Health | The future of work | 2022 | $20,000 |
| Raymond James Charitable Endowment Fund | General support | 2022 | $6,000 |
| Sentara Health | Preparing people with disabilities for the future of work | 2021 | $10,000 |
| The Community Foundation Inc | To support efforts above and beyond the center's annual budget allocation,employment, skill-building, and day support services for lancaster, middlesex, and northumberland county residents with disabilities served by the puller center. | 2020 | $27,073 |
| Sourceamerica | Ppe | 2020 | $16,695 |
| Sourceamerica | Ppe | 2020 | $16,695 |
| The Community Foundation Inc | The puller center; support efforts above and beyond the center's annual budget allocation; for the employment, skill-building and day support for seniors in the gloucester program | 2019 | $24,002 |
Grants made · $34K in FY2017
2 grants totaling $34K in FY2017. All grants made by Versability Resources Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Bruton Park Home Incorpoarted | Support operations of home | $18,854 |
| Saddler Home Inc | Support operations of home | $15,076 |
Frequently asked questions
- Is Versability Resources Inc a legitimate nonprofit?
- Yes. Versability Resources Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-0802199, based in Hampton, Virginia. Donations are tax-deductible.
- What is Versability Resources Inc's EIN?
- Versability Resources Inc's Employer Identification Number (EIN) is 54-0802199.
- How much revenue does Versability Resources Inc report?
- Versability Resources Inc reported $65,722,830 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Versability Resources Inc's spending goes to programs?
- Versability Resources Inc spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Versability Resources Inc have?
- CharityIndex grades Versability Resources Inc B, based on program efficiency and fundraising cost.
- How much does Versability Resources Inc's highest-paid employee make?
- The highest reported compensation on Versability Resources Inc's latest Form 990 is $405,818, paid to Kathryn Grzelkowski (Pres/ceo).
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Explore more
Data for Versability Resources Inc (EIN 54-0802199) 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.