CHIP OF VIRGINIA Charity Report

Public IRS 990 nonprofit record

CHIP OF VIRGINIA

EIN 54-1683042 · Scholarships, Student Financial Aid Services, Awards

What they do

CHIP of VIRGINIA ADMINISTERS and MONITORS A NETWORK of 7 AGENCIES IN 27 VIRGINIA LOCALITIES WHO WORK WITH LOW-INCOME FAMILIES to ASSURE THAT CHILDREN FROM BIRTH to AGE 6 RECEIVE THE HEALTH CARE NECESSARY for THEM to LEAD HEALTHY LIVES, ENTER SCHOOL READY to LEARN, and GET THE BEST POSSIBLE START ON A BRIGHT FUTURE. CHIP of VIRGINIA PROVIDES TRAINING and TECHNICAL ASSISTANCE, EVALUATION, QUALITY ASSURANCE, PUBLIC RELATIONS and RESOURCE DEVELOPMENT to FULFILL OUR LEGISLATIVE MANDATE to DEVELOP, EXPAND and OPERATE THE CHIP NETWORK of PUBLIC-PRIVATE PARTNERSHIPS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $72.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2017The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders14 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

45.91%of revenue went to mission work72.8% of expenses · Program services

7.70%of revenue went to fundraising12.2% of expenses

$63.04spent for every $100 of revenueRevenue covered expenses this year.

9.42%of revenue went to management and office costs14.9% of expenses

100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $87,957 for LISA SPECTER-DUNAWAY (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2017

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$326,496

Mission workProgram services$149,89645.91% of revenue72.8% of expenses

ManagementOffice and general costs$30,7699.42% of revenue14.9% of expenses

FundraisingAsking for donations$25,1487.70% of revenue12.2% of expenses

Revenue left after expensesReported annual surplus$120,68336.96% of revenueShown in gray on the chart

Total expenses$205,81363.04% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2017CurrentExpense mix: 72.8% mission · 14.9% management · 12.2% fundraisingTotal expenses: 63.04% of revenue

2016Expense mix: 89.0% mission · 8.9% management · 2.1% fundraisingTotal expenses: 98.27% of revenue

2015Expense mix: 90.3% mission · 6.4% management · 3.3% fundraisingTotal expenses: 99.60% of revenue

Money in and money out

Revenue$326,496

Expenses$205,813

Annual surplus $120,683 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$149,896 · 72.8% of expenses

Management and office costs$30,769 · 14.9% of expenses

Fundraising$25,148 · 12.2% of expenses

See all reported dollar amounts

Revenue$326,496

Expenses$205,813

Income$3,927,853

Contributions$326,496

Mission work (program services)$149,896

Fundraising$25,148

Management and general$30,769

Executive compensation (total)$221,185

People

Leadership and board

Tax year 2017

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LISA SPECTER-DUNAWAYPRESIDENT AND CEO · 40 hrs/week $87,957Base $72,275 · Other $15,682

LAURA DARLINGCOO · 40 hrs/week $82,890Base $68,471 · Other $14,419

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (14)

LISA SPECTER-DUNAWAYPRESIDENT AND CEO

LAURA DARLINGCOO

AMY STRITEBOARD MEMBER

ANNE BRADSTREET SMITHBOARD MEMBER

BRENT RAWLINGSBOARD MEMBER

CHAVIS HARRISTREASURER - SECRETARY

DAVE LEVINBOARD MEMBER

DAVID ADELMANBOARD MEMBER

ELIZABETH WHALLEY BUONOCHAIR

JIM SEEVERSVICE CHAIR

JOHN THOMASBOARD MEMBER

KARIN ADDISONBOARD MEMBER

KIMBERLY WEIRBOARD MEMBER

SUSAN CRUMPBOARD MEMBER

About this charity

Location: 8100 THREE CHOPT ROAD NO 212, RICHMOND, VA 23229
County: Henrico
In care of: LISA SPECTER-DUNAWAY
Primary officer: LISA SPECTER-DUNAWAY, CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@familiesforwardva.org Phone(804) 783-2667

Filing and classification

Latest tax year: 2017
Tax period began: July 1, 2017
Return type: 990
Tax preparer: DIXON HUGHES GOODMAN LLP
IRS tax category: Scholarships, Student Financial Aid Services, Awards