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New Hampshire · Nonprofit

VIRTUAL LEARNING ACADEMY CHARTER SCHOOL

VIRTUAL LEARNING ACADEMY CHARTER SCHOOL (New Hampshire) receives grants from 3 organizations whose IRS filings report $155,000 to it, the largest being NELLIE MAE EDUCATION FOUNDATION INC ($110,000). 2 of them have funded it in more than one year.

Revenue FY2025
$15M
Funders on record
3
Grants received
$155k
Net assets
$-2078446
2/3 repeat funderspeak grant-dependency 1%
01What it does

What Virtual Learning Academy Charter School does

Mission

To operate a new hampshire public charter school.

As stated on its FY2025 Form 990.

Program

  1. Operated a state charter school whereby the school: (a) used new and emerging distance learning technology to provide any time any place access to a rigorous personalized education that helped students learn today, graduate tomorrow and prepare for the future: (b) provided all students with the opportunity to personalize their education by combining rigourous academic study with the flexibility that is inherent in the any time any place philosophy: and (c) met the need of a wide variety of students and fostered 21st century skills such as global awareness, self-directed learning skills, information and communications technology, literacy, problem-solving skills, time management and personal responsibility. Students aso had educational options including learning through experience, projects, teams and adult education options.

    $13,259,027 spent$397,094 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $13,259,027.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($10M) Expenses 100 ($9.8M) Net assets 100 ($2.4M)2021 Revenue 147 ($15M) Expenses 185 ($18M) Net assets 183 ($4.4M)2022 Revenue 116 ($12M) Expenses 134 ($13M) Net assets 155 ($3.7M)2023 Revenue 121 ($12M) Expenses 140 ($14M) Net assets -86 ($-2064606)2024 Revenue 127 ($13M) Expenses 141 ($14M) Net assets -114 ($-2737494)2025 Revenue 143 ($15M) Expenses 144 ($14M) Net assets -86 ($-2078446)
202020212022202320242025
Revenue (143)Expenses (144)Net assets (-86)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $4.4M to $7.1M (+62%).

$3.6M
$5.1M
$4.4M
$7.1M
$6.0M
$6.7M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 98% · 2021 98% · 2022 98% · 2023 97% · 2024 98% · 2025 97%. Grants only. Government contracts and fees sit inside program revenue.

97% of VIRTUAL LEARNING ACADEMY CHARTER SCHOOL’s revenue is contributions — more reliant on donations than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 6 reported years ran a deficit.

$530k
’20
−$2.9M
’21
−$1.1M
’22
−$1.2M
’23
−$734k
’24
$659k
’25
2.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Dr Kent Chamberlin

Chair

As listed on its FY2025 Form 990.

202020212022202320242025
Listed9997813
Joined·+0+2+3+1+6
No longer listed·02501
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 2 funders, grant income fell $55k → $30k.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 23% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of VIRTUAL LEARNING ACADEMY CHARTER SCHOOL’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

VIRTUAL LEARNING ACADEMY CHARTER SCHOOL leans on a few funders — its largest provides 71% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

94% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund VIRTUAL LEARNING ACADEMY CHARTER SCHOOL.

71%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 73% · 2021 100% · 2022 100% · 2023 67% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

VIRTUAL LEARNING ACADEMY CHARTER SCHOOL draws 100% of its grant income from funders outside New Hampshire, across 2 states in all.

MA
AZ

In-state vs out-of-state, by year

’20
’21
’22
’23
New Hampshire out of state home

Funder states come from each funder’s own filing. $35k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

VIRTUAL LEARNING ACADEMY CHARTER SCHOOL runs a healthier operating margin than half of the 3,758 education nonprofits its size.

Operating margin4% · above the median
Months of reserve2.3mo · below the median
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like VIRTUAL LEARNING ACADEMY CHARTER SCHOOL

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New Hampshire

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NH

Screen this organization

A dated, signed PDF of the compliance screen for VIRTUAL LEARNING ACADEMY CHARTER SCHOOL: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds VIRTUAL LEARNING ACADEMY CHARTER SCHOOL?
VIRTUAL LEARNING ACADEMY CHARTER SCHOOL (New Hampshire) receives grants from 3 organizations whose IRS filings report $155,000 to it, the largest being NELLIE MAE EDUCATION FOUNDATION INC ($110,000). 2 of them have funded it in more than one year.
How many funders does VIRTUAL LEARNING ACADEMY CHARTER SCHOOL have?
IRS filings report 3 organizations giving $155,000 in grants to VIRTUAL LEARNING ACADEMY CHARTER SCHOOL, 2 of which have funded it in more than one year.
Who is the largest funder of VIRTUAL LEARNING ACADEMY CHARTER SCHOOL?
NELLIE MAE EDUCATION FOUNDATION INC is the largest funder on record, with $110,000 in grants. The full list of funders is on this page.
How can an organization like VIRTUAL LEARNING ACADEMY CHARTER SCHOOL find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Hampshire. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Virtual Learning Academy Charter School →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing