Better Business Bureau Report for
Virginia Interfaith Center for Public Policy

Better Business Bureau Report issued July 2014
Better Business Bureau Report expires July 2016


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Virginia Interfaith Center for Public Policy
Address: 1716 E. Franklin Street
  Richmond, VA 23223
Phone: 804-643-2474
Web Address: www.virginiainterfaithcenter.org
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Better Business Bureau Comments

Year, State Incorporated: 1982, Virginia
Mission: The mission of the Interfaith Center is to empower Virginians to create social justice for all by advocating for systemic change.
Affiliates: 5 regional chapters in Northern Virginia, the New River Valley, Richmond, Hampton Roads, and the Northern Piedmont.

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Evaluation Conclusions

              

Virginia Interfaith Center for Public Policy meets the 20 Standards for Charity Accountability.
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Programs

              

We are a nonpartisan coalition of faith communities working to create progressive public policy by engaging people of faith, educating the public about social issues, the legislative process, and the call to advocacy. The Virginia Interfaith Center for Public Policy unites people of faith in Virginia. Through partnerships with other statewide non-profit advocacy organizations and our own grassroots networks, we empower faithful advocates to: Learn about the issues challenging our communities; Pray for guidance and discernment; and Act to make Virginia a more just and compassionate Commonwealth. Our approach is to create a collaborative system of advocacy which includes fiscal and legislative analysis, issue education, grassroots organizing, and public awareness.

For the fiscal year ended December 31, 2012, Virginia Interfaith Center for Public Policy's program expenses were:

  
Program Services 557,886
Total Program Expenses: $557,886
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Governance

              

Chief Executive : Marco A. Grimaldo, President & CEO
Compensation*: 

Chair of the Board: Mr. Frank McKinney III
Chair's Profession / Business Affiliation: Realty Executives

Board Size: 18

Paid Staff Size: 7

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Fund Raising

              

Method(s) Used:

Direct mail, invitations to fund raising events, grant proposals, internet and email, and membership appeals.
Fund raising costs were 12% of related contributions. (Related contributions, which totaled $537,362, are donations received as a result of fund raising activities.)
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Financial

              

The following information is based on Virginia Interfaith Center for Public Policy's audited financial statements for the fiscal year ended December 31, 2012.

Source of Funds  
Grants 428,831
Realized gain on investments 32,513
Membership 29,787
Judicatory 29,125
Rent Income 20,304
Individual 20,221
Congregations 17,605
Contributions 11,793
Dividends and interest 7,160
Unrealized loss on investments -26,217
Total Income $571,122


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Uses of Funds as a % of Total Expenses

Programs: 79%  Fund Raising: 9%  Administrative: 12% 

Total income $571,122
Program expenses $557,886
Fund raising expenses 64,396
Administrative expenses 81,430
Total expenses $703,712
Expenses in Excess of Income (132,590)
Beginning net assets 838,608
Ending net assets 706,018
Total liabilities 494,565
Total assets $1,200,583


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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.
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