Nonprofit screen
Screen a listVirginia Beach Community Development Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$8.0Mrevenue
FY2025 · +5% in 3 yrs58staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−12.4%
Months of reserve1.5mo
Revenue growth (annualized)+5.5%
Middle half of peersMedianVirginia Beach Community Development
Where the money goes FY2025 · $9.0M spent
Programs$8.1M90%Management and general$942k10%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$1.1M in FY2024 and −$996k in FY2025. Cash covers 1.5 months, under the peer median of 5.4.
990 Part I and balance sheetIn its favor2
Strong governance
10 of 10 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 9 of its 9 returns, 29% of revenue in FY2025. $19M is traced federal awards from Department of Veterans Affairs.
990 Part VIII · USAspending11funders
$102ka year, last 3 years
52%from its largest funder
Funder’17’18’19’20’21’22’23United Way of Greater Richmond & PetersburgSince FY2020$5k$12k$143k$5kLocal Initiatives Support CorporationOn and off$72kUnited Way of South Hampton RoadsStopped after FY2022$11k$39k–Vb Home Now IncSince FY2020$7k$7k$7k$10kDisabled American Veterans (DAV) Charitable Service TrustOn and off$6kDonor-advised giftsDonors not disclosed$13k$13$11$17
FundedThrough a donor-advised fundStopped