Richmond and Henrico Public Health Foundation

Nonprofit profile at a glance

EIN
874003117
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Richmond, VA, USA
Phone
8045336901
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Public Health Program (Includes General Health and Wellness Promotion Services)

Official website

Reported finances

Revenue
$2,420,863
Expenses
$1,746,503
Assets
$1,475,002
Liabilities
$546,210

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

Leadership & pay

12 people listed

People named in this filing

  • CAROLYN CHAMPION (TREASURER)
  • LAWANDA DUNN (BOARD VICE P)
  • RUDENE MERCER HAYNES (BOARD MEMBER)

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

Rhphf mobilizes resources in support of the goals of the richmond and henrico health districts to improve health outcomes and health equity in our communities. Among other programs and service areas advancing its mission, rhphf manages the richmond health equity fund, investing in and scaling community-based initiatives to address the longstanding impacts of racism across seven areas of health disparity.

What it reported doing in 2024

Rhphf manages the richmond health equity fund, investing in and scaling community-based initiatives to address the longstanding impacts of racism across focal areas of health disparity. With the leadership of a community advisory committee, the health equity fund invested in programs, services, and evidence-based interventions focused on communities with disproportionate burdens of poor health outcomes. Targeted areas of health disparity for health equity fund investment included mental and behavioral health, access to care, maternal and child health, underlying conditions, and food access. The projects identified by the health equity fund are designed and delivered by community-based, grassroots leaders and trusted healthcare service providers. In addition, rhphf supports public health programming for young families in henrico, public health workforce needs, and other targeted interventions to improve health outcomes.

Operating model

Revenue model
Grant-funded. 92% of the money available for current operations came from government grants.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 62
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.3%; rating input score 64
  • Program expense ratio: 89.2%; rating input score 89
  • 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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: 27.9%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 0.84; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: 0.37; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 33% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 70% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: -5% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 64.3% of revenue deployed · 89.2% of spending went to programs
  • Governance: 12 of 12 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.6M in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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: Total-asset coverage ratio scored 31/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.