Orange County Educational Foundation

Nonprofit profile at a glance

EIN
311579583
IRS 990 coverage
2013–2016
Forms available
Form 990 2016, Form 990-EZ 2012
Location
Orange, VA, USA
Phone
5406614550
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$74,751
Expenses
$87,152
Assets
$1,040,280
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • John Reid (President)

Highest reported compensation

  • Matthew Benefield (Interim Treasurer): $3,488 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Mission of the Orange County Education Foundation is to build a community partnership among schools, families, and businesses to provide resources, inspire innovation, and enhance opportunities for teachers and students of the schools of Orange County, Virginia.

What it reported doing in 2016

Academic Scholar Institute for thirty-three African American males in grades six through nine. The ASI is based on Dr. Gilman Whiting's Scholar Identity Model, which promotes nine constructs of a scholar. At the University of Virginia, the students experienced the campus, classrooms and lecture halls. In addition, the scholars participated in workshops at the engineering school, the school of music and the school of medicine.

Operating model

Revenue model
Donor-supported. 89% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 87% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 64
  • Accountability: 63
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90%; rating input score 90
  • Program expense ratio: 76.1%; rating input score 76
  • Fundraising efficiency: $6.77 raised per $1 spent on fundraising; rating input score 45; 45th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 21st percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 0%; rating input score 0; 19th 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; 64th percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -16.6%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 11.94; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 7.5% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 17.3% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 31.1% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 90% of revenue deployed · 76.1% of spending went to programs
  • Governance: 15 of 15 board members independent · 1 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $66K in reported program spending
  • Leadership: top reported pay $3K · 15 people listed
  • Consistency: 43 of 44 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 4 filing years from 2013 to 2016
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Accountability: Governance controls: 6 of 7 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 45/100.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.