Jamestown Rediscovery Foundation
Nonprofit profile at a glance
- EIN
- 472945490
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Richmond, VA, USA
- Phone
- 8046481889
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Historical Societies, Related Historical Activities
Reported finances
- Revenue
- $12,245,042
- Expenses
- $2,941,484
- Assets
- $13,359,434
- Liabilities
- $1,541,620
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- MS ELIZABETH S KOSTELNY (CEO, PRESERVATION VA)
- MR JAMES P HORN (PRESIDENT)
Highest reported compensation
- MR JAMES P HORN (PRESIDENT): $214,075 total reported compensation
- MS DENISE KELLOGG (DIRECTOR OF DEVELOPMENT): $162,685 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To uncover, preserve, and share jamestown's diverse history and its contributions to the foundations of america.
What it reported doing in 2024
Principal program service accomplishments during 2024-25 include (1) excavations in the area beyond the northern bulwark and to the west of the 1607 fort ; an assessment of the low-lying areas of the site related to mitigating the threat posed by climate change; and the development of our bioarchaeology research in collaboration with forensic and genomic experts from the universities of Connecticut, bath, uk, and dartmouth college (2) the ongoing reorganization of jamestown's collections; conservation of artifacts retrieved from a c.1617-25 well; analysis of faunal material; and updating of our digital collections catalog. (3) onsite living history programs and public history tours focused on the english and the powhatans, the first africans in Virginia, the first general assembly and the rule of law, and the experiences of early settlers; historic trades featured metal-working in a newly reconstructed onsite workshop as well as wood working and early building construction techniques. (4) the development of online materials, including new web pages and videos, supporting archaeology, collections, conservation, exhibits, public tours, presentations, and living history programs.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 95% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
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 few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 39
- Transparency & Controls: 71
- Accountability: 100
- Sustainability: 80
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 17.3%; rating input score 17
- Program expense ratio: 69%; rating input score 69
- Fundraising efficiency: $20.35 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd 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; 66th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 76%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 4.54; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 71; 71st percentile among comparable filings
- Officer compensation ratio: 12.8%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 13% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 26.4% per year; rating input score 100; 95th percentile among comparable filings
- Asset growth: 32% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 17.3% of revenue deployed · 69% of spending went to programs
- Governance: 17 of 17 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2M in reported program spending
- Leadership: top reported pay $214K · 21 people listed · 0 of 6 pay-setting controls reported
- Consistency: 28 of 28 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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 — Financial Efficiency: Mission deployment rate scored 17/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Financial Efficiency: Fundraising efficiency scored 57/100.
- High — Sustainability: Officer compensation ratio scored 12/100.