The Tidewater Foundation Inc C/o Dehnert Clarke & Co

Nonprofit profile at a glance

EIN
541007512
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Irvington, VA, USA
Phone
8044385656
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$28,923
Expenses
$25,497
Assets
$123,678

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

Leadership & pay

12 people listed

Executive titles in this filing

  • C DWIGHT CLARKE (PRESIDENT)

People named in this filing

  • AMMON G DUNTON JR (DIRECTOR)
  • C DWIGHT CLARKE (PRESIDENT)
  • PATRICIA GALLAGHER (SECRETARY)

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

Grants were paid to many section 501 (c) (3) organizations to help fund educational, charitable and youth activities, and provide the holly ball for the area's youth.

What it reported doing in 2024

The organization primarily pays grants to various section 501(c(3) organizations to help fund educational, charitable and youth activities.

Operating model

Revenue model
Donor-supported. 69% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 95% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Assets have declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 82
  • Sustainability: 61
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.9%; rating input score 87
  • Program expense ratio: 95.6%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 11.8%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 4.85; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1.7% per year; rating input score 100; 53rd percentile among comparable filings
  • Revenue growth: 4.2% per year; rating input score 100; 69th percentile among comparable filings
  • Asset growth: -0.3% per year; rating input score 0; 37th percentile among comparable filings

Details

  • Where the money goes: 86.9% of revenue deployed · 95.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $24K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 12 filing years from 2012 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 — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.