Overview
What is Virginia Zoological Society?
The Virginia Zoological Society is a charitable organization, exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code, established in Norfolk, Virginia, on September 21, 1979. Its primary mission is to support and advise the development of the Virginia Zoological Park and foster public awareness and appreciation of the zoo while promoting the conservation of world flora and fauna. The Society contributes significantly to the zoo by funding and operating all educational programs, including those for the handicapped and community outreach, and providing essential assistance for zoo improvements and exhibits through volunteer efforts. The Society's activities include behind-the-scenes tours, stage presentations featuring live animals, and various educational programs on zoo grounds and off-site locations, such as schools, libraries, and community events. With a workforce of 138 employees, the Virginia Zoological Society plays a crucial role in enhancing the visitors' experience and furthering the conservation message both locally and globally.
Official website here: www.virginiazoo.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97% (Four-Star out of Four Star rating)
The Virginia Zoological Society has achieved a remarkable 97% rating from Charity Navigator, reflecting its strong focus on accountability and finance. This high score is indicative of the organization's robust governance practices, with 100% of its board comprising independent members and no material diversion of assets reported. The organization demonstrates transparency in its financial management, ensuring that its practices align with best standards.
In terms of financial efficiency, the Virginia Zoological Society allocates approximately 82% of its expenses directly to programs, indicating a strong commitment to its core mission. Its fundraising efficiency is notably high, costing only $0.06 to raise a dollar, which is well below the industry average. The organization also maintains a healthy working capital ratio of 4.01 years, further underscoring its financial stability and ability to sustain operations.
While the available data showcases the organization's strengths in governance and financial management, it is essential for potential supporters to consider the broader impact and outcomes of the Society's programs. Overall, the Virginia Zoological Society stands out as a trustworthy and financially responsible nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Zoological Society legitimate?
Virginia Zoological Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Zoological Society submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,876,156
For more financial information, click here
Official website here: www.virginiazoo.org
What is the mission statement of Virginia Zoological Society?
The Virginia Zoological Society, a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code, was established in 1979 with the purpose of supporting and advancing the development of a zoo. The zoo, owned by the City of Norfolk, aims to foster public awareness and appreciation of wildlife and promote the conservation of flora and fauna. The Society provides essential program services to the zoo, including significant assistance for zoo improvements and exhibits through volunteer efforts and funding. Educational services are another essential aspect, as the Society encourages understanding of conservation among a wide range of individuals by operating and funding all zoo education programs, including those for the disabled and community outreach initiatives. Training is also provided.
Official website here: www.virginiazoo.org
Who is the CEO of Virginia Zoological Society?
Greg Bockheim is the Executive Di of Virginia Zoological Society.
Official website here: www.virginiazoo.org
What is the revenue of Virginia Zoological Society?
Virginia Zoological Society's revenue in 2023 was $8,535,888.
Official website here: www.virginiazoo.org
Who are the executives of Virginia Zoological Society and what are their salaries?
The average compensation at Virginia Zoological Society during 2023 was $13,595. There are 138 employees and 150 volunteers at Virginia Zoological Society.
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Official website here: www.virginiazoo.org
Where can I find the form 990 for Virginia Zoological Society?
Virginia Zoological Society's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.virginiazoo.org
Learn more at the official website: www.virginiazoo.org
Mission Statement of Virginia Zoological Society
The Virginia Zoological Society, a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code, was established on September 21, 1979, to support and advise the development of the Virginia Zoological Park. This esteemed organization's primary objective is to foster public awareness and appreciation of the zoo and promote the conservation of global flora and fauna.
The Society plays a crucial role in the Virginia Zoological Park by providing essential program services. One of their significant contributions is in the area of zoo improvements and exhibits. Through substantial assistance, the Society aids in zoo expansion, building renovations, and volunteer efforts that enhance the services provided to the zoo.
Moreover, the Society's commitment to education is evident in their funding and operation of all zoo educational programs. These initiatives cater to a wide range of individuals, including the handicapped and those in the community. The Society also facilitates training, further expanding their impact on conservation efforts. By fostering an understanding of conservation among diverse groups, the Virginia Zoological Society contributes to making a difference, both locally and globally.
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Impact
October, 2024
The Virginia Zoological Society significantly enhances the impact and appeal of the Virginia Zoo in Norfolk, Virginia. By fostering public awareness and appreciation for the zoo, the Society plays a vital role in promoting the conservation of both flora and fauna.
Through its efforts, the Society supports numerous initiatives that improve zoo facilities and exhibits, facilitating expansion, building renovations, and volunteer activities that enrich the overall visitor experience. This not only enhances the zoo’s infrastructure but also elevates its educational offerings.
The Society's educational programs are a cornerstone of its impact, providing engaging and informative experiences for a wide range of individuals, including specialized programs for those with disabilities and community outreach initiatives. By funding and operating these educational activities, the Society encourages a deeper understanding of conservation and the importance of biodiversity through interactive experiences such as behind-the-scenes tours and live animal presentations.
In addition, the Society organizes public and private events, including birthday parties, which often incorporate live animal programming. These events not only generate revenue but also foster partnerships with other organizations working on conservation efforts, thus extending the Society's impact beyond the zoo's borders.
Overall, the Virginia Zoological Society serves as a crucial force in enhancing the educational, conservation, and recreational aspects of the Virginia Zoo, ensuring that it remains a vibrant and vital resource for the community and a champion for wildlife conservation.
This information is meant to be a general summary of Virginia Zoological Society. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $108,097
- Program Service Revenue: $261,219
- Gross Receipts: $10,310,316
Assets and Liabilities:
- Total Assets: $15,988,510
- Total Liabilities: $1,697,217
- Net Assets: $14,291,293
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION PROGRAM FEES
Revenue
$230,498
OTHER PROGRAM REVENUE
Revenue
$30,721
Organization Details
Founding Year
1979
Phone
(757) 441-2374Principal Officer
Greg Bockheim
Main Address
3500 GRANBY STREET, NORFOLK, VA, 23504
Website
www.virginiazoo.orgNTEE Category
Code: D500 - Animals
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