VIRGINIA NEW MAJORITY EDUCATION FUND

ALEXANDRIA, VA, 22304-9206 (804) 269-7848 Est. 2010 EIN 27-1705920
B01— Education Form 990 501(c)(3)
www.nvm-educationfund.org

Mission

New Virginia Majority Education Fund is a grassroots organization that engages low income people and people of color in local communities through leadership development, trainings and workshops, issue education through grassroots organizing and citizenship development through naturalization assistance and clinics, civic engagement, voter education and mobilization.

Giving Portfolio

Total Grants
31
Total Giving
$1.4M
Recipients
31
Years Active
2018 - 2022
Avg grant: $47,634 Median: $34,750

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202210$291K $29K64
20207$404K $58K34
20197$421K $60K43
20187$305K $44K70

Sectors Funded

Civil Rights & Advocacy
5
Arts, Culture & Humanities
4
Human Services
4
Education
2
Public & Societal Benefit
2
Community Improvement
2
Environment
1

Top States

Virginia
14
Michigan
4
District of Columbia
3
Illinois
2
Washington
2
Minnesota
1
North Carolina
1
Texas
1
and 3 more states

Grantee Size Profile

$1M - $5M
17
$5M - $10M
3
$100K - $500K
3
$500K - $1M
2
$10M - $50M
1

Top Grantees

and 12 more grantees

Grants Awarded · 26 grants

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Financials

Total Revenue
$6,270,822
Total Expenses
$7,084,683
Net Assets
$708,281
230 volunteers
From latest filing (tax period ending 2023-12-31)

Financial Health

Operating Reserve
1.2 months Low
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 2.0%
Expenses ↑ 13.9%
Revenue Sources
Contributions 100.0%
Expense Breakdown
Program 85.1% Management 14.9%

Officers & Trustees (7)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (5 filings)

YearRevenueExpensesNet Assets
2023 Form 990$6,270,822 $7,084,683$708,281
2022 Form 990$6,398,902 $6,218,596$1,522,142
2020 Form 990$7,204,947 $4,645,296$4,253,573
2019 Form 990$4,466,118 $3,638,229$1,693,922
2018 Form 990$3,489,936 $3,183,625$866,033

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EIN: 27-1705920 · Source: IRS Form 990 e-file data