Vsga-vip Scholarship Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Vsga-vip Scholarship Foundation is a 501(c)(3) organization based in Midlothian, Virginia, registered in 1984, with $447,895 in FY2024 revenue. CharityIndex grades it C+.
2400 Dovercourt Dr, Midlothian, VA, 23113 EIN 52-1330462 Since 1984
Revenue (FY2024)
$448K
▲ 29.4% vs prior year
Expenses (FY2024)
$233K
Net assets
$3.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 Vsga-vip Scholarship Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating189 mo reserves · +48% 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 Vsga-vip Scholarship Foundation: 189 mo reserves · +48% 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 Vsga-vip Scholarship Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Vsga-vip Scholarship Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2400 Dovercourt Dr, Midlothian, VA, 23113
- City
- Midlothian
- State
- Virginia
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $235K (FY2013) to $448K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $10KNet assets $3.7M
Operating margin
47.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.7M
Total liabilities
$10K
Net assets
$3.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $447,895▲29.4% | $233,397▼46.1% | $3,676,294▲17.1% | $3,686,454▲16.5% | 990 |
| 2023 | $346,245▲63.6% | $432,651▲114% | $3,140,767▲8.4% | $3,164,294▲7.9% | 990 |
| 2022 | $211,594▼26.1% | $202,319▲49.3% | $2,896,847▼13.6% | $2,933,721▼12.5% | 990 |
| 2021 | $286,227▲38.2% | $135,500▼3.9% | $3,352,279▲16.4% | $3,352,279▲16.4% | 990 |
| 2020 | $207,112▼3.8% | $141,022▼15.4% | $2,880,049▲12.1% | $2,880,049▲12.1% | 990 |
| 2019 | $215,314▼1.2% | $166,618▼2.5% | $2,569,094▲17.4% | $2,569,123▲17.4% | 990 |
| 2018 | $217,830▼21.3% | $170,965▼0.2% | $2,188,110▼7.1% | $2,188,110▼7.1% | 990 |
| 2017 | $276,700▲39.5% | $171,305▲13.5% | $2,355,650▲12.1% | $2,355,650▲12.1% | 990 |
| 2016 | $198,364▼12.8% | $150,865▼4.6% | $2,101,724▲6.2% | $2,101,724▲6.2% | 990 |
| 2015 | $227,418▲0.4% | $158,080▲24.7% | $1,979,534▼2.9% | $1,979,534▼2.9% | 990 |
| 2014 | $226,468▼3.8% | $126,812▲10.9% | $2,039,018▲6.0% | $2,039,018▲5.9% | 990 |
| 2013 | $235,432 | $114,367▼0.5% | $1,924,439▲28.6% | $1,926,220▲28.7% | 990 |
| 2010 | — | $114,957 | $1,495,958 | $1,496,245 | 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.
Grants received · $11K total
1 grant to Vsga-vip Scholarship Foundation totaling $11K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Education | 2023 | $10,500 |
Frequently asked questions
- Is Vsga-vip Scholarship Foundation a legitimate nonprofit?
- Yes. Vsga-vip Scholarship Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-1330462, based in Midlothian, Virginia. Donations are tax-deductible.
- What is Vsga-vip Scholarship Foundation's EIN?
- Vsga-vip Scholarship Foundation's Employer Identification Number (EIN) is 52-1330462.
- How much revenue does Vsga-vip Scholarship Foundation report?
- Vsga-vip Scholarship Foundation reported $447,895 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Vsga-vip Scholarship Foundation have?
- CharityIndex grades Vsga-vip Scholarship Foundation C+, based on financial health (reserves and operating margin).
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Data for Vsga-vip Scholarship Foundation (EIN 52-1330462) 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.