Old Brunswick Circuit Foundation

Nonprofit profile at a glance

EIN
800099068
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-N 2020
Location
Lawrenceville, VA, USA
Phone
4346371465
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Historical Societies, Related Historical Activities
Affiliation
Christianity

Reported finances

Revenue
$89,309
Expenses
$11,487
Assets
$586,677
Liabilities
$0

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

Leadership & pay

16 people listed

Executive titles in this filing

  • ANN KEELING (PRESIDENT)
  • JAMES MOTT (PRESIDENT)

People named in this filing

  • CATHERINE ABERNATHY (DIRECTOR)
  • WALTER BEALES (SECRETARY)
  • ROBERT S BROCK (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The old brunswick circuit foundation is a tax exempt organization whose mission is to identify, preserve and interpret significant sites on the old brunswick circuit which was the first methodist circuit in Virginia and one of the oldest in america.

What it reported doing in 2024

Since being chartered, tobcf has purchased two historical sites and taken over management of another from the Virginia united methodist conference. These sites include the plantation home of rev. Edward dromgoole, sr, the ebenezer academy memorial park, and 12 and 1/2 acres of the original campus of the randolph macon college which later became the campus of an impactful school for african americans, the boydton institute. Over time, tobcf has made improvements to the grounds of all three of these southern Virginia sites but more significantly they have started the work necessary to preserve the buildings on these properties.

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

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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 41
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 88
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 13.2%; rating input score 13
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 87.1%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 51.07; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -90.3% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: 11.9% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 7.7% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 13.2% of revenue deployed · 100% of spending went to programs
  • Governance: 15 of 15 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $11K in reported program spending
  • Leadership: top reported pay $0 · 16 people listed
  • Consistency: 17 of 17 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 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.

  • High — Financial Efficiency: Mission deployment rate scored 13/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.