Lucy Corr Foundation

Nonprofit profile at a glance

EIN
542010957
IRS 990-EZ coverage
2010–2024
Forms available
Form 990 2022, Form 990-EZ 2024
Location
Chesterfield, VA, USA
Phone
8047481511
Rating confidence
Limited
Sector
Public Foundations

Reported finances

Revenue
$179,507
Expenses
$154,847
Assets
$354,790
Liabilities
$27,605

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

Leadership & pay

9 people listed

Executive titles in this filing

  • Michael Cunnignham (CEO)

People named in this filing

  • Michael Cunnignham (CEO)
  • Elizabeth Vaughan (Secretary)
  • Hobart Harvey (HCC Rep)

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 Lucy Corr Foundation generates support for services and programs that enrich the lives of Lucy Corr Village residents, participants, and their families and helps to meet the emerging needs of seniors in the community.

What it reported doing in 2024

The clinic provides a denture fabrication system that provides dentures in a one-day visit. The clinic is a preceptor site for Virginia Commonwealth University School of Dentistry, Fortis College, and J. Sargeant Reynolds College. Dental, dental hygienist, and dental assisting students rotate through the clinic on a weekly basis. Accurate records are kept using state-of-the-art dental software.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 100
  • Sustainability: 66
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

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: 13.7%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 2.29; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.08; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 11.5% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 0.8% per year; rating input score 100; 25th percentile among comparable filings
  • Asset growth: 3.3% per year; rating input score 100; 39th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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: Liabilities to assets ratio scored 26/100.