James River Home School Foundation

Nonprofit profile at a glance

EIN
800427705
IRS 990-EZ coverage
2012–2024
Forms available
Form 990 2016, Form 990-EZ 2024, Form 990-N 2023
Location
Powhatan, VA, USA
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support
Affiliation
Christianity

Reported finances

Revenue
$100,927
Expenses
$100,959
Assets
$2,368

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

Leadership & pay

4 people listed

Executive titles in this filing

  • Richard L Mills (President and Director)

People named in this filing

  • Richard L Mills (President and Director)
  • JaNett L Mills (Treasurer and Secretary)
  • Eric Seymour (Director)

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

A Christian organization established to provide educational and non-curricular enrichment opportunities for Virginia home-schooled students.

What it reported doing in 2024

ACADEMICS: DBA "James River Cobblestones" offered pre-school through high school level courses for home-schooled students in core subjects and electives. ATHLETICS: DBA "James River Eagles" Middle School and High School homeschool girls and boys teams in Basketball Cross Country Track Soccer and Volleyball and Middle School and High School boys Baseball; played competitive schedules of private Christian and home-schooled teams. Continued developmental basketball league for younger boys and co-educational volleyball league for homeschool teens.

Operating model

Revenue model
Earned-program. 87% of the money available for current operations came from fees and other program revenue.
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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 24
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.4%; rating input score 99
  • Program expense ratio: 99.4%; rating input score 99

Transparency & Controls

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

Sustainability

  • Operating margin: -0%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.02; rating input score 5; 5th 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: 15% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 16.1% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: -2.9% per year; rating input score 0; 20th percentile among comparable filings

Details

  • Where the money goes: 99.4% of revenue deployed · 99.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $100K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • 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 — Sustainability: Operating margin scored 33/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • High — Growth: Asset growth scored 0/100.