Vacation Rental Home Owners of Cape Charles

Nonprofit profile at a glance

EIN
871642055
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025
Location
Cape Charles, VA, USA
Rating
52
Verdict
MIXED
Rating confidence
Moderate
Sector
Professional Societies, Associations

Reported finances

Revenue
$7,043
Expenses
$6,693
Assets
$5,582

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Phillip Dail (President)
  • Scott Faircloth (Vice President)

People named in this filing

  • Phillip Dail (President)
  • Scott Faircloth (Vice President)
  • Ahern Foster (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-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Advocacy and community involvement of the owners of vacation rental homes in Cape Charles VA

What it reported doing in 2025

1st Day in the Bay - Located at the beach in Cape Charles is a polar plunge on Jan 1st this event is Vacation Owners of Cape Charles main fundraising event. Our main donation from this event is to sponsor the Concerts in the Park which is coordinated by Citizens for Central Park - Cape Charles. Between 300-400 people participated in this event in 2025

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 29
  • Transparency & Controls: 82
  • Sustainability: 44
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 45.7%; rating input score 46
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 5%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 0.83; rating input score 43; 43rd 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: Limited
  • Revenue growth: 11.2% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 48.5% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 45.7% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.