Charity Report

  • Issued: December 2016
  • Expires: December 2019

Virginia Home for Boys and Girls

Accredited Charity

Meets Standards

804-270-6566

8716 W. Broad Street
Richmond, VA 23294

https://vhbg.org

804-270-6566

8716 W. Broad Street
Richmond, VA 23294

https://vhbg.org

Accredited Charity

Meets Standards

Standards For Charity Accountability

Governance

  1. Board Oversight

    Oversight of Operations and Staff: Standard 1

    Description
    Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fundraising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.

    The organization meets this standard.

  2. Board Size

    Number of Board Members: Standard 2

    Description
    Soliciting organizations shall have a board of directors with a minimum of five voting members.

    The organization meets this standard.

  3. Board Meetings

    Frequency and Attendance of Board Meetings: Standard 3

    Description
    An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.

    The organization meets this standard.

  4. Board Compensation

    Compensated Board Members: Standard 4

    Description
    Not more than one or 10% (whichever is greater) directly or indirectly compensated person(s) serving as voting member(s) of the board. Compensated members shall not serve as the board's chair or treasurer.

    The organization meets this standard.

  5. Conflict of Interest

    Conflict of Interest: Standard 5

    Description
    No transaction(s) in which any board or staff members have material conflicting interests with the charity resulting from any relationship or business affiliation. Factors that will be considered when concluding whether or not a related party transaction constitutes a conflict of interest and if such a conflict is material, include, but are not limited to: any arm's length procedures established by the charity; the size of the transaction relative to like expenses of the charity; whether the interested party participated in the board vote on the transaction; if competitive bids were sought and whether the transaction is one-time, recurring or ongoing.

    The organization meets this standard.

Measuring Effectiveness

  1. Effectiveness Policy

    Board Policy on Effectiveness: Standard 6

    Description
    Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.

    The organization meets this standard.

  2. Effectiveness Report

    Board Approval of Written Report on Effectiveness: Standard 7

    Description
    Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.

    The organization meets this standard.

Finances

  1. Program Expenses

    Program Service Expense Ratio: Standard 8

    Description
    Spend at least 65% of its total expenses on program activities.

    The organization meets this standard.

  2. Fundraising Expenses

    Fundraising Expense Ratio: Standard 9

    Description
    Spending should be no more than 35% of related contributions on fundraising. Related contributions include donations, legacies, and other gifts received as a result of fundraising efforts.

    The organization meets this standard.

  3. Accumulating Funds

    Ending Net Assets: Standard 10

    Description
    Avoid accumulating funds that could be used for current program activities. To meet this standard, the charity's unrestricted net assets available for use should not be more than three times the size of the past year's expenses or three times the size of the current year's budget, whichever is higher.

    The organization meets this standard.

  4. Audit Report

    Financial Statements: Standard 11

    Description
    Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $1 million, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $1 million, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $250,000, an internally produced, complete financial statement is sufficient to meet this standard.

    The organization meets this standard.

  5. Detailed Expense Breakdown

    Detailed Functional Breakdown of Expenses: Standard 12

    Description
    Include in the financial statements a breakdown of expenses (e.g., salaries, travel, postage, etc.) that shows what portion of these expenses was allocated to program, fundraising, and administrative activities. If the charity has more than one major program category, the schedule should provide a breakdown for each category.

    The organization meets this standard.

  6. Accurate Expense Reporting

    Accuracy of Expenses in Financial Statements: Standard 13

    Description
    Accurately report the charity's expenses, including any joint cost allocations, in its financial statements. For example, audited or unaudited statements which inaccurately claim zero fundraising expenses or otherwise understate the amount a charity spends on fundraising, and/or overstate the amount it spends on programs will not meet this standard.

    The organization meets this standard.

  7. Budget Plan

    Budget: Standard 14

    Description
    Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fundraising, and administration.

    The organization meets this standard.

Fundraising & Info

  1. Truthful Materials

    Misleading Appeals: Standard 15

    Description
    Have solicitations and informational materials, distributed by any means, that are accurate, truthful and not misleading, both in whole and in part. Appeals that omit a clear description of program(s) for which contributions are sought will not meet this standard. A charity should also be able to substantiate that the timing and nature of its expenditures are in accordance with what is stated, expressed, or implied in the charity's solicitations.

    The organization meets this standard.

  2. Annual Report

    Annual Report: Standard 16

    Description
    Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fundraising and administrative categories as in the financial statements, and (iii) ending net assets.

    The organization meets this standard.

  3. Website Disclosures

    Web Site Disclosures: Standard 17

    Description
    Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.

    The organization meets this standard.

  4. Donor Privacy

    Privacy for Written Appeals & Internet Privacy: Standard 18

    Description
    Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.

    The organization meets this standard.

  5. Cause Marketing Disclosures

    Cause Related Marketing: Standard 19

    Description
    Clearly disclose how the charity benefits from the sale of products or services (i.e., cause-related marketing) that state or imply that a charity will benefit from a consumer sale or transaction. Such promotions should disclose, at the point of solicitation: (a) the actual or anticipated portion of the purchase price that will benefit the charity (e.g., 5 cents will be contributed to abc charity for every xyz company product sold), (b) the duration of the campaign (e.g., the month of October), (c) any maximum or guaranteed minimum contribution amount (e.g., up to a maximum of $200,000).

    The organization meets this standard.

  6. Complaints

    Complaints: Standard 20

    Description
    Respond promptly to and act on complaints brought to its attention by the BBB Wise Giving Alliance and/or local Better Business Bureaus about fundraising practices, privacy policy violations and/or other issues.

    The organization meets this standard.

Conclusion

Virginia Home for Boys and Girls meets the 20 Standards for Charity Accountability.

Virginia Home for Boys & Girls’ consolidated audited financial statements for the fiscal year ended 30 September 2015 reported unrestricted net assets greater than 3.7 times its expenses in the same year. Standard 10 of the BBB Standards for Charity Accountability requires organizations with unrestricted assets greater than 3 times their annual expenses disclose that information to donors and the public.Virginia Home for Boys & Girls makes its financial statements available upon request; VHBG’s audited financial statements and IRS forms 990 are also posted on www.guidestar.org & www.giverichmond.org. Additionally, VHBG shares information about its endowment and board-approved policies governing the use of those proceeds on its website.Based on the organization’s full disclosure of its financial information and endowment policies, BBB has determined that Virginia Home for Boys & Girls meets the disclosure requirements of Standard 10.

Purpose

  • Year, State Incorporated

    1846, VA

  • Stated Purpose

    VHBG serves the community by providing an environment of strength and hope where children and their families are empowered to greater success.


  • Also Known As:

    VHBG

Programs

Virginia Home for Boys and Girls (VHBG) is a nonprofit, child and family services organization offering group homes, an alternative school, and an outpatient clinic.Our group homes for girls and boys ages 11-17 are located on a 30 acre park-like campus in Henrico County, Virginia. During a youth’s stay on our campus, the Teaching-Family Model is utilized to help youth develop skills associated with frustration tolerance, anger and or aggression management, healthy decision-making, conflict resolution and age-appropriate living. Group Home Care provides transitional living services in a stable learning environment that model healthy family dynamics in a pro-social manner with a goal to transition residents to foster care, adoption, or back to their biological family.Our alternative school, John G. Wood (JGW), teaches students from kindergarten through grade 12 with emotional and behavioral challenges that impact their academic success. JGW is licensed by the Virginia DOE, accredited by VAISEF, and aligned with Virginia SOLs. Students take a full range of academic courses that include CTE classes, online courses and electives with the ability to earn or work toward a Standard, Alternative, or General Education Diploma (GED). Self-contained classrooms are also available for more intensive support. Extended School Year (ESY) services are available during the summer. Small student-teacher ratios accommodate individual learning styles with a goal to transition students back to their public school as soon as possible.Our outpatient counseling clinic has expanded to provide a continuum of therapeutic services to meet the needs of the youth we serve on campus, as well as those residing in surrounding communities. Our clinicians and mentors provide services that are individually tailored and trauma-informed. For our VHBG Teaching-Family Home residents, our licensed clinicians provide individual, group, and family therapies to help youth dealing with a range of emotional and behavioral issues. Services are strengthened through coordination with our on-campus nursing and psychiatry staff. For community youth or youth stepping down from other programs, we offer Outpatient Counseling, Intensive In-Home Counseling, Home-Based Services, Mentoring, and Psychiatry Services.These services help families solve problems within the context of the family, rather than through placement outside of the home.For the fiscal year ended September 30, 2015, VHBG's program expenses were:Teaching Family Homes: $1,612,730John G. Wood School: $1,392,759Therapeutic Resources: $416,809Intensive Care Coordination: $167,486Other Programs: $1,334,440Total Program Expenses: $4,924,224

For the year ended September 30, 2015, Virginia Home for Boys and Girls program expenses were:

Teaching Family Homes $1,612,730
John G. Wood School $1,392,759
Therapeutic Resources $416,809
Intensive Care Coordination $167,486
Other Programs $1,334,440
Program Expenses $4,924,224

Governance & Staff

  • CEO

    Ms. Claiborne Mason, President & CEO

  • Compensation*

    ¤0.00

  • Board Chair

    Mr. William E. Hardy

  • Chair's Profession / Business Affiliation

    President, Harris, Hardy & Johnstone, P.C.

  • Board Size

    21

  • Paid Staff Size

    105

Fundraising

Method(s) Used:
Direct mail appeals, Telephone appeals, Invitations to fundraising events, Print advertisements (newspapers, magazines, etc.), Television, Radio, Grant proposals, Internet, Planned giving arrangements, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Appeals via Social Media (Facebook, etc.), Solicitations for Used Cars, Solicitations for Used Clothing.

% of Related Contributions on Fundraising: 18.53%

Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.


Financial

The following information is based on Virginia Home for Boys and Girls's Audited financial statements - consolidated for the fiscal year ending September 30, 2015

Source of Funds
Realized gain on investments $2,519,062
Philanthropy $1,833,147
Program revenue: Group Home $1,334,418
Program revenue: John G. Wood School $1,166,725
Investment income $515,553
Rent income $321,888
Program revenue: Clinical $173,496
Other program revenue $102,962
Gain on disposal of assets $2,430
Bad debt $-5,757
Management fees $-59,866
Change in beneficial interest in trusts $-102,250
Depreciation $-383,723
Unrealized loss on investments $-3,874,611
Total Income $3,543,474

Breakdown of Expenses

Total Income $3,543,474
Total Expenses: $5,893,012
Program Expenses $4,924,224
Fundraising Expenses $339,639
Administrative Expenses $629,149
Other Expenses $0
Expenses in Excess of Income $2,349,538
Beginning Net Assets $34,429,994
Other Changes In Net Assets $0
Ending Net Assets $32,080,456
Total Liabilities $1,076,175
Total Assets $33,156,631

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