Form 990 for tax year 2023
Filed by ROCKINGHAM EDUCATIONAL FOUNDATION INC.
Totals
- Total revenue
- $529,381
- Total expenses
- $381,585
- Contributions and grants received
- $295,624
- Grants paid
- $249,258
- Program service revenue
- $0
- Investment income
- $231,636
- Other revenue
- $2,121
- Total assets, end of year
- $4,848,249
- Total liabilities, end of year
- $3,000
- Net assets or fund balances, end of year
- $4,845,249
- Program services expenses (Part IX)
- $305,357
- Management and general expenses
- $55,358
- Fundraising expenses
- $20,870
- Program service expenses (Part III)
- $305,357
Program services were 80.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$57,986
-
1f · All other contributions, gifts and grants
$237,638
-
1g · Noncash contributions included above
$15,050
-
3 · Investment income
total $143,802 · excluded $143,802
-
7a · Gross sales of assets other than inventory
securities $1,279,264
-
7b · Less cost or other basis and sales expenses
securities $1,191,430
-
7c · Gain or loss
securities $87,834
-
7d · Net gain or loss
total $87,834 · excluded $87,834
-
8a · Fundraising events: gross income
$33,850
-
8a · Fundraising events: contributions included on line 1c
$57,986
-
8b · Fundraising events: direct expenses
$31,729
-
8c · Net income from fundraising events
total $2,121 · excluded $2,121
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $34,011 · program services $34,011
-
2 · Grants to domestic individuals
total $215,247 · program services $215,247
-
5 · Compensation of officers, directors and key employees
total $49,519 · program services $24,759 · management and general $12,380 · fundraising $12,380
-
11c · Fees: accounting
total $3,000 · management and general $3,000
-
11f · Fees: investment management
total $22,674 · management and general $22,674
-
12 · Advertising and promotion
total $4,728 · fundraising $4,728
-
13 · Office expenses
total $17,140 · management and general $16,112 · fundraising $1,028
-
17 · Travel
total $5,468 · program services $2,734 · fundraising $2,734
-
23 · Insurance
total $1,192 · management and general $1,192
-
24a · Other expenses: PROGRAM EXPENSES
total $28,606 · program services $28,606
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $102,533 · end of year $80,036
-
2 · Savings and temporary cash investments
beginning of year $330,049 · end of year $341,805
-
4 · Accounts receivable
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $550 · end of year $550
-
11 · Investments: publicly traded securities
beginning of year $3,944,171 · end of year $4,425,858
-
17 · Accounts payable and accrued expenses
beginning of year $3,000 · end of year $3,000
-
27 · Net assets without donor restrictions
beginning of year $3,107,000 · end of year $3,577,946
-
28 · Net assets with donor restrictions
beginning of year $1,267,303 · end of year $1,267,303
Mission and programs · 2023
Mission
TO SUPPORT LEARNING BY SECURING FINANCIAL CONTRIBUTIONS AND EDUCATIONAL RESOURCES THAT BENEFIT THE STUDENTS AND TEACHERS OF ROCKINGHAM COUNTY PUBLIC SCHOOLS.
-
SCHOLARSHIPS ARE PROVIDED UPON STRICT CRITERIA, AFTER SUBSTANTIAL REVIEW BY A COMMITTEE TO DETERMINE AWARDS. DUE CARE IS FOLLOWED TO AVOID CONFLICTS OF INTEREST WITH BOARD MEMBERS AND OFFICERS OF THE SCHOOL AND FOUNDATION. DURING THE SPRING OF 2024, REFI AWARDED 97 SCHOLARSHIPS TO 64 GRADUATING SENIORS FROM ROCKINGHAM COUNTY PUBLIC HIGH SCHOOLS.
Expenses $211,847 · Grants $211,847
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $34,011 · Grants $34,011
-
TEACHER, STAFF AND ADMINISTRATION RECOGNITION PROGRAMS; EACH SPRING, REFI FACILITATES THE COORDINATION OF THE TEACHER OF THE YEAR PROGRAM IN EACH OF THE 24 ROCKINGHAM COUNTY PUBLIC SCHOOLS. REFI RECOGNIZES THESE INDIVIDUALS DURING A CELEBRATION RECEPTION IN THE SPRING. MEMBERS OF A COMMITTEE FROM REFI'S BOARD OF DIRECTORS SELECT ONE TEACHER AS THE "LUCY SIMMS EDUCATOR OF THE YEAR" RECIPIENT. THIS INDIVIDUAL REPRESNTS ROCKINGHAM COUNTY PUBLIC SCHOOLS DURING THE VIRGINIA DEPARTMENT OF EDUCATION'S "TEACHER OF THE YEAR SELECTION PROCESS.
Expenses $3,400 · Grants $3,400
-
Expenses $56,099
As filed on the 2023 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Amanda NottAMANDA NOTT
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jacob HullJACOB HULL
GOVERNANCE CO-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Susie ShomoSUSIE SHOMO
GOVERNANCE CO-CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
Kevin LongeneckerKEVIN LONGENECKER
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
Donna HarperDONNA HARPER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Lena OsborneLENA OSBORNE
CO-CHAIR, EDUCATION
- Total calculated
- $0
- Hours/week
- 1
-
Graham WittGRAHAM WITT
CO-CHAIR, EDUCATION
- Total calculated
- $0
- Hours/week
- 1
-
Anthony SlaterANTHONY SLATER
CO-CHAIR, DEVELOPMENT
- Total calculated
- $0
- Hours/week
- 1
-
Sheila SmithSHEILA SMITH
CO-CHAIR, DEVELOPMENT
- Total calculated
- $0
- Hours/week
- 1
-
Susan TottySUSAN TOTTY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
Matthew BeahmMATTHEW BEAHM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
J Christian HerrickJ CHRISTIAN HERRICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
Shanna BillhimerSHANNA BILLHIMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
Becky DaubertBECKY DAUBERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
Keith RobinsonKEITH ROBINSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
Susan Steele-WardSUSAN STEELE-WARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
Paige HawkinsPAIGE HAWKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
Sharon KrantzSHARON KRANTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.15
-
Victoria LandisVICTORIA LANDIS
EXECUTIVE DIRECTOR
- Total calculated
- $46,000
- From this org
- $0
- From related orgs
- $46,000
- Other
- $0
- Hours/week
- 30
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
ROCKINGHAM COUNTY PUBLIC SCHOOLS
$34,011
INNOVATIVE IDEA GRANTS TO 24 AREA SCHOOLS
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 20 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510299349300406
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.