Virginia Self-insurers Association Inc
501(c)(6)
Only null% goes to programs Declining revenue
Virginia Self-insurers Association Inc is a 501(c)(6) organization based in Richmond, Virginia, registered in 1993, with $37,001 in FY2024 revenue. CharityIndex grades it D.
1051 E Cary St Ste 1420, Richmond, VA, 23219 EIN 54-1642495 Since 1993
Revenue (FY2024)
$37K
▼ 46.6% vs prior year
Expenses (FY2024)
$64K
Net assets
$5,475
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Virginia Self-insurers Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating1 mo reserves · -73% 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 Self-insurers Association Inc: 1 mo reserves · -73% margin earns a F 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 Virginia Self-insurers Association Inc— 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 Virginia Self-insurers Association Inc: 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 $89K (FY2010) to $37K (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $5,475
Operating margin
-73.5%
Spent more than it raised in the latest fiscal year.
Total assets
$5,475
Total liabilities
$0
Net assets
$5,475
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $37,001▼46.6% | $64,184▼32.3% | $5,475▼83.2% | $5,475▼83.2% | 990EZ |
| 2023 | $69,228▼16.1% | $94,839▼0.9% | $32,658▼44.0% | $32,658▼44.0% | 990EZ |
| 2022 | $82,494▲25.9% | $95,707▼15.9% | $58,269▼18.5% | $58,269▼18.5% | 990EZ |
| 2021 | $65,500▲78.0% | $113,798▲27.7% | $71,482▼40.3% | $71,482▼40.3% | 990EZ |
| 2020 | $36,800▼70.7% | $89,097▼34.4% | $119,780▼30.4% | $119,780▼30.4% | 990EZ |
| 2019 | $125,652▼8.7% | $135,859▼4.7% | $172,077▼5.6% | $172,077▼5.6% | 990EZ |
| 2018 | $137,591▼8.8% | $142,592▲7.9% | $182,284▼2.7% | $182,284▼2.7% | 990EZ |
| 2017 | $150,793▲14.2% | $132,095▲4.6% | $187,285▲11.1% | $187,285▲11.1% | 990EZ |
| 2016 | $132,049▲11.3% | $126,298▲8.7% | $168,587▲3.5% | $168,587▲3.5% | 990EZ |
| 2015 | $118,635▲4.4% | $116,232▲7.7% | $162,836▲1.5% | $162,836▲1.5% | 990EZ |
| 2014 | $113,610▼5.9% | $107,961▲1.8% | $160,433▲3.6% | $160,433▲3.6% | 990EZ |
| 2013 | $120,795▲5.2% | $106,033▲6.9% | $154,784▲10.5% | $154,784▲10.5% | 990EZ |
| 2012 | $114,780▲5.4% | $99,178▼2.8% | $140,022▲12.5% | $140,022▲12.5% | 990EZ |
| 2011 | $108,922▲22.1% | $102,027▲71.8% | $124,420▲5.9% | $124,420▲5.9% | 990EZ |
| 2010 | $89,202 | $59,384 | $117,525 | $117,525 | 990EZ |
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 Virginia Self-insurers Association Inc a legitimate nonprofit?
- Yes. Virginia Self-insurers Association Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 54-1642495, based in Richmond, Virginia.
- What is Virginia Self-insurers Association Inc's EIN?
- Virginia Self-insurers Association Inc's Employer Identification Number (EIN) is 54-1642495.
- How much revenue does Virginia Self-insurers Association Inc report?
- Virginia Self-insurers Association Inc reported $37,001 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Virginia Self-insurers Association Inc have?
- CharityIndex grades Virginia Self-insurers Association Inc D, based on financial health (reserves and operating margin).
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Data for Virginia Self-insurers Association Inc (EIN 54-1642495) 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.