Friends of Onancock School
Nonprofit profile at a glance
- EIN
- 208342920
- IRS 990 coverage
- 2015–2025
- Forms available
- Form 990 2025
- Location
- Onancock, VA, USA
- Phone
- 7573021331
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $173,519
- Expenses
- $116,952
- Assets
- $864,214
- Liabilities
- $58,706
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- RICK KING (PRESIDENT)
People named in this filing
- RICK KING (PRESIDENT)
- MARK REMINGTON (VICE PRESIDE)
- DONNA SAMPLE SMITH (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The friends of onancock school mission is to rehabilitate the historic onancock school into a community and cultural campus through community and business partnerships.
What it reported doing in 2025
The historic onancock school, which serves as a community center for the eastern shore of Virginia, saw more than 5,000 visitors to the grounds and building annually. Significant events included the spring and fall soccer leagues and soccer camp; tenants including museum and artisans from the local area; use of the building and grounds by organizations throughout the eastern shore to sponsor walks, runs, bike-a-thons to benefit local non- profits; use of the playground and fields by children, and visitors who come to visit (especially alumni of the former school) and to enjoy the nature trail and observation deck over the creek.
Operating model
- Revenue model
- Donor-supported. 72% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 75
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.6%; rating input score 68
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 32.6%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 7.39; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: 13% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 18.8% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 22.3% per year; rating input score 100; 85th percentile among comparable filings
Details
- Where the money goes: 67.6% of revenue deployed · 100% of spending went to programs
- Governance: 15 of 15 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $117K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 11 filing years from 2015 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Sustainability: Liabilities to assets ratio scored 25/100.