Frederick County Educational Foundation
Nonprofit profile at a glance
- EIN
- 521396772
- IRS 990 coverage
- 2014–2025
- Forms available
- Form 990 2025
- Location
- Winchester, VA, USA
- Phone
- 5406623889
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Standard
Reported finances
- Revenue
- $426,915
- Expenses
- $193,827
- Assets
- $2,450,744
- Liabilities
- $871
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- MARY P NORDHAM (EXECUTIVE DIRECTOR)
- CAROLYN WILLIAMS (PRESIDENT)
- KATE CHAPPELL (VICE PRESIDENT)
- JOHN LAMANNA (VICE PRESIDENT)
Highest reported compensation
- MARY P NORDHAM (EXECUTIVE DIRECTOR): $35,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Strengthen secondary education opportunities
What it reported doing in 2025
Scholarships and grants-see attached
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 84% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 56
- Transparency & Controls: 64
- Accountability: 74
- Sustainability: 79
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 48.8%; rating input score 49
- Program expense ratio: 79.7%; rating input score 80
- Fundraising efficiency: $4.64 raised per $1 spent on fundraising; rating input score 20; 20th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 8 controls in place; rating input score 38
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 54.6%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 12.64; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 18.1%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: 3.3% per year; rating input score 100; 43rd percentile among comparable filings
- Revenue growth: 6.6% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 5.8% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 48.8% of revenue deployed · 79.7% of spending went to programs
- Governance: 14 of 14 board members independent · 3 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $155K in reported program spending
- Leadership: top reported pay $35K · 14 people listed · 0 of 6 pay-setting controls reported
- Consistency: 21 of 21 current checks pass
- Schedules: 7 filed schedules · includes executive pay
- Filing history: 10 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 49/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 20/100.
- High — Sustainability: Officer compensation ratio scored 20/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.