Rockingham Co Education Foundation

Nonprofit profile at a glance

EIN
263081973
IRS 990-EZ coverage
2022–2024
Forms available
Form 990 2021, Form 990-EZ 2024, Form 990-N 2013
Location
Reidsville, NC, USA
Phone
3364302617
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$102,754
Expenses
$108,311
Assets
$68,743

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

Leadership & pay

8 people listed

People named in this filing

  • BROOKE BEESON (CHAIR)
  • DR SHAWN STOVER (SECRETARY)
  • WANDA HARRIS (TREASURER)

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 mission of rockingham county education foundation is to provide leadership, advocacy and program resources to increase the educational levels of rockingham county citizens. By doing so they will make the community an attractive place to live, work and do business.

What it reported doing in 2024

Soar program is implemented in schools for different purposes. 1) provide students with an opportunity to continue a quality educational experieinceafter being refered from their base school. 2) focuses on improving emotional and social behavior 3) specially designed for students with aspergr's syndrome, anxiety disorders and related diagnoses to assist them in their transition to college or the working world. 4) supports students in becoming confident contributing members of society 5) designed for students in grades six through 8 who are over middle school age due to retention, truancy or other causes.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 24
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

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: -5.4%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0.63; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 33.6%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: -0.6% per year; rating input score 0; 28th percentile among comparable filings
  • Revenue growth: 2.3% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: -6% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $121K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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 — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 21/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.