Virginia Assoc Of Secondary School Principals Inc
- Assets
- $853.9k
- Revenue
- $589.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Richmond, VA
- Founding
- 03/1978
- Data as of
- 06/2023
- EIN
- 54-0978454
Organization Overview
Virginia Assoc Of Secondary School Principals Inc is located in Richmond, VA. The organization was established in 1978. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2023, Virginia Assoc Of Secondary School Principals Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Assoc Of Secondary School Principals Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, Virginia Assoc Of Secondary School Principals Inc generated $589.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $541.7k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO SUPPORT SCHOOL PRINCIPALS AND ASSISTANT PRINCIPALS IN PROVIDING LEADERSHIP TO THEIR SCHOOLS AND COMMUNITIES FOR THE PURPOSE OF IMPROVING THE EDUCATION OF VIRGINIA'S YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL VIRGINIA MIDDLE & HIGH SCHOOL PRINCIPALS CONFERENCE & EXPOSITION: VIRGINIA'S ONLY STATEWIDE CONFERENCE FOR MIDDLE LEVEL AND HIGH SCHOOL PRINCIPALS IS THE ANNUAL VIRGINIA MIDDLE AND HIGH SCHOOL PRINCIPALS CONFERENCE & EXPOSITION. FOR OVER 90 YEARS, THE VIRGINIA ASSOCIATION OF SECONDARY SCHOOL PRINCIPALS (VASSP) AND THE VIRGINIA DEPARTMENT OF EDUCATION (VDOE) HAVE COLLABORATED TO DEVELOP AND ENHANCE MIDDLE AND HIGH SCHOOL ADMINISTRATORS' LEADERSHIP SKILLS, INCREASE THEIR UNDERSTANDING OF CURRENT EDUCATION ISSUES, AND EXPAND THEIR KNOWLEDGE BASE FOR SUCCESS.
PROFESSIONAL PROGRAM SERIES (PPS): THE VASSP PROFESSIONAL PROGRAM SERIES ARE PLANNED EXPERIENCES DESIGNED TO ENHANCE THE BELIEFS, KNOWLEDGE AND SKILLS OF PRINCIPALS, ASSISTANT PRINCIPALS, LEAD TEACHERS, SUPPORT STAFF AND STUDENT LEADERS WHICH RESULT IN IMPROVED STUDENT ACHIEVEMENT. THESE EXPERIENCES ARE GUIDED BY BEST PRACTICES IN PROFESSIONAL DEVELOPMENT, CURRENT RESEARCH, APPLICABLE STANDARDS, FEDERAL, STATE, AND LOCAL MANDATES AND EXPECTATIONS AND SCHOOL NEEDS. THE VASSP PROFESSIONAL PROGRAM SERIES SUPPORTS GROWTH OF THE INDIVIDUAL, THE ESTABLISHMENT AND MAINTENANCE OF A PROFESSIONAL LEARNING COMMUNITY AND THE ACHIEVEMENT OF ASSOCIATION STRATEGIES AND EDUCATIONAL GOALS. IT ALSO RECOGNIZES AND ENCOURAGES THE PROFESSIONAL GROWTH THAT OFTEN OCCURS APART FOR THESE SPECIFIC EXPERIENCES THROUGH ADDITIONAL FORMAL EDUCATION, UNIQUE CLASSROOM EXPERIENCE, AND IDENTIFIED PERSONAL DEVELOPMENT.
PUBLIC POLICY ADVOCACY: VASSP IS ACTIVE IN THE POLICY ARENA MAINLY AT THE STATE LEVEL SUPPORTING AN EXISTING ADVOCACY ORGANIZATION, LAUNCHING NEW ADVOCACY INITIATIVES, INITIATING AND FOLLOWING STATE EDUCATION POLICY DIRECTIVES, SUPPORTING POLICY THAT ENHANCES THE ROLE OF THE PRINCIPAL, PROMOTING INCREASED STATE FUNDING FOR EDUCATION AND PROMOTING INSTRUCTIONAL LEADERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Randy D Barrack CEO | OfficerTrustee | 50 | $124,029 |
Dr Michael Kelly Pres-Elect | Trustee | 1 | $0 |
Jillian Balow Director | Trustee | 1 | $0 |
Dr Herman Mizell Director | Trustee | 1 | $0 |
Shawn Derose Director | Trustee | 1 | $0 |
Timothy Beatty Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $572,739 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,298 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $589,037 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $500 |
| Compensation of current officers, directors, key employees. | $133,429 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,025 |
| Pension plan accruals and contributions | $34,228 |
| Other employee benefits | $15,745 |
| Payroll taxes | $11,500 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,855 |
| Fees for services: Lobbying | $7,700 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,688 |
| Advertising and promotion | $2,013 |
| Office expenses | $25,193 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,518 |
| Travel | $7,731 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $75,618 |
| Interest | $5,311 |
| Payments to affiliates | $124,827 |
| Depreciation, depletion, and amortization | $23,840 |
| Insurance | $4,306 |
| All other expenses | $116 |
| Total functional expenses | $541,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $246,205 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,753 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,220 |
| Net Land, buildings, and equipment | $409,978 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $177,781 |
| Total assets | $853,937 |
| Accounts payable and accrued expenses | $220,744 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $145,376 |
| Unsecured mortgages and notes payable | $13,518 |
| Other liabilities | $0 |
| Total liabilities | $379,638 |
| Net assets without donor restrictions | $474,299 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $853,937 |