Virginia Early Childhood Foundation
100% goes to programs $0 to raise $100 Thin reserves Growing revenue
Virginia Early Childhood Foundation is a 501(c)(3) organization based in Henrico, Virginia, registered in 2006, with $106,099,453 in FY2023 revenue. CharityIndex grades it B, and it directs about 100% of spending to programs.
1703 N Parham Rd Ste 110, Henrico, VA, 23229 EIN 20-3970624 Since 2006
Revenue (FY2023)
$106.1M
▲ 53.0% vs prior year
Education median: $200K
Expenses (FY2023)
$105.6M
Net assets
$4.0M
Employees
20
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 →A+Program efficiency40% of the rating100% to programs · $0 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 Virginia Early Childhood Foundation: 100% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 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 Virginia Early Childhood Foundation: 0 mo reserves · +0% margin earns a C 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 Virginia Early Childhood Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Virginia Early Childhood Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Vecf is the non-partisan steward of virginia's promise for early childhood success.
Contact & location
- Address
- 1703 N Parham Rd Ste 110, Henrico, VA, 23229
- City
- Henrico
- State
- Virginia
- Category
- Education
- Subcategory
- Alliances, Advocacy & Professional Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $2.4M (FY2013) to $106.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $9.6MNet assets $4.0M
Operating margin
0.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.7M
Total liabilities
$9.6M
Net assets
$4.0M
Salaries & benefits
$2.1M
2% of expenses
Board members
25
25 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $106,099,453▲53.0% | $105,613,920▲53.9% | $4,041,107▲13.7% | $13,660,208▼31.2% | 990 |
| 2022 | $69,347,107▲68.3% | $68,621,242▲68.8% | $3,555,574▲25.7% | $19,852,383▼50.1% | 990 |
| 2021 | $41,199,281▲27.0% | $40,641,046▲20.3% | $2,829,709▲24.6% | $39,759,006▲279% | 990 |
| 2020 | $32,439,149▲165% | $33,773,892▲177% | $2,271,474▼37.0% | $10,491,772▲101% | 990 |
| 2019 | $12,233,018▲111% | $12,199,756▲111% | $3,606,217▲0.9% | $5,207,067▲9.5% | 990 |
| 2018 | $5,801,929▲3.6% | $5,784,916▲7.8% | $3,572,955▲0.5% | $4,754,895▲8.3% | 990 |
| 2017 | $5,600,917▲9.6% | $5,365,426▲39.2% | $3,555,942▲7.1% | $4,391,300▲6.1% | 990 |
| 2016 | $5,112,628▲63.8% | $3,855,190▲26.2% | $3,320,451▲61.0% | $4,140,539▲80.3% | 990 |
| 2015 | $3,120,345▼4.8% | $3,055,120▼6.9% | $2,063,013▲3.3% | $2,296,890▼1.1% | 990 |
| 2014 | $3,278,977▲34.4% | $3,282,639▲3.0% | $1,997,788▼0.2% | $2,323,331▼2.7% | 990 |
| 2013 | $2,440,590 | $3,185,622▲9.8% | $2,001,450▼27.1% | $2,386,739▼17.9% | 990 |
| 2012 | — | $2,900,881 | $2,746,482 | $2,908,501 | 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 (FY2023)
Highest-paid: Kathryn V Glazer — $240,608 (0.23% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kathryn V Glazer | President | 40 | $240,608 |
| Aimee Rogstad Guidera | Ex Officio | 1 | — |
| Alexis Ehrhardt Edd | Director | 1 | — |
| Ben J Davenport Jr | Chair Emeritus | 1 | — |
| Bergen Nelson | Director | 1 | — |
| Bill Ermatinger | Chair Emeritus | 1 | — |
| Bryan Hill | Director | 1 | — |
| Caren Merrick | Ex Officio | 1 | — |
| Danielle Fitz-hugh | Director | 1 | — |
| Edmond E Hughes | Director | 1 | — |
| Gary Thomson | Vice Chair | 1 | — |
| Jamelle S Wilson | Secretary | 1 | — |
| James Dyke | Director | 1 | — |
| Jason El Koubi | Director | 1 | — |
| John Littel | Ex Officio | 1 | — |
| Mike Chinn | Director | 1 | — |
| Ned W Massee | Chair Emeritus | 1 | — |
| Reginald N Jones Esquire | Director Emeritus | 1 | — |
| Richard K Bynum | Chair | 1 | — |
| Robert Hurt | Chair Emeritus | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Lewis Media Partners LLC | Early Childhood Consulting | $397,191 |
| Bridgecare Finance Inc | Early Childhood Consulting | $351,650 |
| 20 Degrees LLC | Early Childhood Consulting | $290,000 |
| Butler Institute For Families | Early Childhood Consulting & Financial S | $289,948 |
| Ndse | Early Childhood Consulting | $231,923 |
Grants received · $931K total
19 grants to Virginia Early Childhood Foundation totaling $931K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation Inc | Educational success | 2024 | $100,000 |
| The Community Foundation Inc | Educational success | 2023 | $102,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $9,700 |
| The Community Foundation Inc | Educational success | 2022 | $100,000 |
| Donor Advised Charitable Giving | Education | 2022 | $8,000 |
| Mary Washington Healthcare | General support | 2022 | $5,500 |
| The Community Foundation Inc | General purposes | 2021 | $103,500 |
| Charlottesville Area Community Foundation | Matching funds grant to support virginia early childhood foundation's child care next grant | 2021 | $50,000 |
| Donor Advised Charitable Giving | Education | 2021 | $7,500 |
| The Community Foundation Inc | General operating support | 2020 | $35,000 |
| Donor Advised Charitable Giving | Education | 2020 | $6,500 |
| Donor Advised Charitable Giving | Education | 2020 | $6,500 |
| The Community Foundation Inc | 2020 vision for east end communities and families; the annual fund | 2019 | $25,000 |
| The Community Foundation Inc | General purposes | 2018 | $45,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $11,000 |
Grants made · $52.4M in FY2023
9 grants totaling $52.4M in FY2023. All grants made by Virginia Early Childhood Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| The Community Foundation Inc | Childhood/educational development | $11,095,612 |
| United Way of Greater Charlottesville | Childhood/educational development | $9,527,074 |
| Eastern Virginia Medical School | Childhood/educational development | $7,905,622 |
| Eo Companies | Childhood/educational development | $7,399,663 |
| Firstspark Inc | Childhood/educational development | $4,926,185 |
| Fairfax County Early Childhood Programs and Services | Childhood/educational development | $4,098,132 |
| Foundation First | Childhood/educational development | $3,938,475 |
| United Way of Virginias Blue Ridge | Childhood/educational development | $3,491,985 |
| Harrisonburg City Public Schools | Childhood/educational development | $14,134 |
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Compare Virginia Early Childhood Foundation
Frequently asked questions
- Is Virginia Early Childhood Foundation a legitimate nonprofit?
- Yes. Virginia Early Childhood Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-3970624, based in Henrico, Virginia. Donations are tax-deductible.
- What is Virginia Early Childhood Foundation's EIN?
- Virginia Early Childhood Foundation's Employer Identification Number (EIN) is 20-3970624.
- How much revenue does Virginia Early Childhood Foundation report?
- Virginia Early Childhood Foundation reported $106,099,453 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Virginia Early Childhood Foundation's spending goes to programs?
- Virginia Early Childhood Foundation spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Virginia Early Childhood Foundation have?
- CharityIndex grades Virginia Early Childhood Foundation B, based on program efficiency and fundraising cost.
- How much does Virginia Early Childhood Foundation's highest-paid employee make?
- The highest reported compensation on Virginia Early Childhood Foundation's latest Form 990 is $240,608, paid to Kathryn V Glazer (President).
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Data for Virginia Early Childhood Foundation (EIN 20-3970624) 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.