Green Run Collegiate Academy Foundation

Nonprofit profile at a glance

EIN
455405287
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Virginia Beach, VA, USA
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$120,873
Expenses
$109,486
Assets
$257,662

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

Leadership & pay

17 people listed

Executive titles in this filing

  • Ashley McLeod (President)
  • Jennifer Franklin (Vice President)

People named in this filing

  • Ashley McLeod (President)
  • Jennifer Franklin (Vice President)
  • Hugo Valverde (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Foundation was formed to maximize the learning potential for every student attending Green Run Collegiate a public charter school. The Foundation aims to raise funds obtain grants manage funds and otherwise develop methods of both financial and like kind support for the programming at Green Run Collegiate. The Foundation supports students currently attending Green Run Collegiate and as determined appropriate by the Board of Directors students who have graduated from Green Run Collegiate. The Foundation aims to develop and support innovative educational and student support programming for students attending Green Run Collegiate including the International Baccalaureate Program the AVID programming and programming for at risk and military dependent students.

What it reported doing in 2024

Summer Bridge Program - in conjunction with corporations provide awareness & learning opportunities for students entering their first year at Green Run Collegiate

Operating model

Revenue model
Donor-supported. 78% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 85% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 100
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82%; rating input score 82
  • Program expense ratio: 89.3%; rating input score 89

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 9.4%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 2.35; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 26.6% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 16.8% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 22.5% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 82% of revenue deployed · 89.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 9 filed program accomplishments · $98K in reported program spending
  • Leadership: top reported pay $0 · 17 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Review — Sustainability: Operating margin scored 57/100.