Goochland Educational Foundation Incorporated

Nonprofit profile at a glance

EIN
264409476
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-EZ 2023, Form 990-N 2012
Location
Goochland, VA, USA
Phone
8045565627
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$615,214
Expenses
$292,373
Assets
$496,246
Liabilities
$27

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • Christina Griffith (President)
  • Ryan Emmons (Vice President)

Highest reported compensation

  • Cyndy Brown (Cheif Executive Officer): $57,600 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide funding to support innovative learning opportunities for Goochland County Public School students.

What it reported doing in 2024

STEM in Nature - Outdoor Educational Experience: Students visit three times a year to an "outdoor classroom" located at Westview on the James, an 800-acre piece of property that is bordered by the James River with streams, a lake, a forest, and land for gardening. They study life in the waterways and plant a garden, studying seasonal observations of the same location to see how the ecosystem changes in each season. These studies are incorporated into the academic lessons in the classroom. Through all these activities, the students investigate and understand that living things have basic life needs and functional parts and can be classified according to certain characteristics. The students observe and measure change over time. Students investigate the role of plants in affecting air and water quality. Activities include planting a variety of grasses along the riverbank to prevent erosion and water pollution, and planting trees to improve air quality. They investigate and understand that adaptations allow organisms to satisfy life's needs and respond to the environment as well as those organisms, including humans, interact with one another and with the nonliving components in the ecosystem. The lessons meet Virginia's Standards of Learning requirements by demonstrating the ability to reason with numbers and other mathematical concepts.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 93% 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.

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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 54
  • Transparency & Controls: 94
  • Accountability: 79
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 43.4%; rating input score 43
  • Program expense ratio: 90.3%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • 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: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 52.5%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 1.7; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 83; 83rd percentile among comparable filings
  • Officer compensation ratio: 19.7%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: 7.1% per year; rating input score 100; 52nd percentile among comparable filings
  • Revenue growth: 10.2% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: 14.4% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 43.4% of revenue deployed · 90.3% of spending went to programs
  • Governance: 12 of 12 board members independent · 4 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $264K in reported program spending
  • Leadership: top reported pay $58K · 13 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 5 filing years from 2015 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 43/100.
  • Review — Accountability: Governance controls: 4 of 8 not reported.
  • High — Sustainability: Officer compensation ratio scored 15/100.