Faulconer Foundation
Nonprofit profile at a glance
- EIN
- 332575981
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Charlottesville, VA, USA
- Phone
- 4342950033
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Services N.E.C.
Reported finances
- Revenue
- $64,872
- Expenses
- $33,590
- Assets
- $31,282
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- STEVE BOWERS (PRESIDENT)
- SHARON BURLESOM (VICE PRESIDENT)
People named in this filing
- STEVE BOWERS (PRESIDENT)
- JULIE BROWN (SECRETARY/TREASURER)
- SHARON BURLESOM (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The foundation is organized exclusively for charitable purposes under section 501(c)(3). It provides financial assistance to faulconer construction company employees and their families experiencing economic hardship due to illness, injury, death, disaster, or other emergencies, and may also support other 501(c)(3) organizations providing similar relief.
What it reported doing in 2025
The faulconer foundation provided financial assistance to eligible employees and their families experiencing economic hardship due to medical events, personal emergencies, and other unforeseen circumstances. Assistance was funded through company contributions and employee donations and was distributed in accordance with the foundation's established grant guidelines.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 100
- Sustainability: 70
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 46.2%; rating input score 46
- Program expense ratio: 89.3%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 48.2%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 0.93; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 46.2% of revenue deployed · 89.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $30K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.