Friends of Richmond Community High School
Nonprofit profile at a glance
- EIN
- 813292324
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024, Form 990-EZ 2022
- Location
- Richmond, VA, USA
- Phone
- 8044756134
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $207,623
- Expenses
- $190,835
- Assets
- $109,177
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Alison Owens (Executive Director)
Highest reported compensation
- Alison Owens (Executive Director): $61,702 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Friends of Richmond Community High Schools purpose is to support experiential and other learning opportunities for the students of Richmond Community High School and other RPS schools. We provide programs and support for student academics career readiness programming community service experiences school cultural and mental health initiatives and hands on experiential learning programs to develop the whole student. The nonprofit helps to prepare students for higher education and to become involved global citizens. Focused on programming that raises individuals from opportunity challenged backgrounds,
What it reported doing in 2024
Provided out of school and experiential learning opportunities including student mini-mester trips for in the field learning student learning through service initiatives weeklong freshman orientation and community garden urban agriculture program.
Operating model
- Revenue model
- Donor-supported. 84% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 77
- Accountability: 90
- Sustainability: 45
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.3%; rating input score 77
- Program expense ratio: 84.1%; rating input score 84
- Fundraising efficiency: $19.61 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings
Transparency & Controls
- Consistency checks: 80%; rating input score 80; 1st 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; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 8.1%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 32.3%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: -7.6% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: 8.9% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: -0.9% per year; rating input score 0; 21st percentile among comparable filings
Details
- Where the money goes: 77.3% of revenue deployed · 84.1% of spending went to programs
- Governance: 9 of 9 board members independent · 6 of 8 filing controls reported
- Programs: 6 filed program accomplishments · $160K in reported program spending
- Leadership: top reported pay $62K · 9 people listed
- Consistency: 38 of 41 current checks pass · 3 findings to review
- Schedules: 3 filed schedules · includes major donors
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- High — Growth: Program expense growth scored 0/100.
- Review — Financial Efficiency: Fundraising efficiency scored 57/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX FeesForServicesLegal column sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Part IX PayrollTaxes column sum did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 10/100.