Henrico Police Foundation
Nonprofit profile at a glance
- EIN
- 541850225
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2008
- Location
- Glen Allen, VA, USA
- Phone
- 8043470881
- Rating
- 97
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $32,394
- Expenses
- $50,353
- Assets
- $240,885
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- LINWOOD M COBB III (PRESIDENT)
People named in this filing
- LINWOOD M COBB III (PRESIDENT)
- RANDOLPH N REYNOLDS (VICE PRESIDE)
- GINA PADRONE (TREASURER)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Form 990-ez, part iii, primary exempt purpose - operating independently from the henrico county police division, the henrico police foundation provides a non-profit medium where donations, goods, or services can be received and disbursed for the benefit of the division, with no appearance of impropriety, while furthering the goal of providing for the safety and well-being of all the citizens of henrico county, Virginia. The henrico police foundation funds, assists, and undertakes programs and activities designed to strengthen the services, operations, community relations, performance, facilities, education, competence, and professionalism of the henrico county police division and its officers, employees, and volunteers.
What it reported doing in 2025
Officer memorial services, flower fund, valor awards cermony, volunteer appreciation event, family support, and civilian appreciation day
Operating model
- Revenue model
- Donor-supported. 92% 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.
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 and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.3%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -55.4%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 4.78; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 9% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 7.2% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 9.8% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $50K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2014 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 — Sustainability: Operating margin scored 11/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.