RICHMOND HILL INCORPORATED

EIN: 541360535 501(c)(3) Religion

RICHMOND, VA

Total Revenue
$1,218,382
Total Expenses
$1,514,325
Total Assets
$6,089,407
Net Assets
$6,012,154
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
VA
Principal Officer
GEORGE V HUDGINS III
Phone
8047837903
Tax Period
2024-01-01 to 2024-12-31

RICHMOND HILL INCORPORATED, founded in 1986, is a community nonprofit in the Religion sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $1.5M exceeded revenue, resulting in a 24% operating deficit.

Mission

RICHMOND HILL IS AN ECUMENICAL CHRISTIAN COMMUNITY WHICH MAINTAINS THE HISTORIC MONTE MARIA MONASTERY AS A PLACE OF HOSPITALITY, HEALING, PRAYER, RACIAL RECONCILIATION, AND SPIRITUAL DEVELOPMENT FOR THE COMMUNITY OF METROPOLITAN RICHMOND.

Program Service Accomplishments

Program 1
Expenses: $959,238 Revenue: $173,417

RICHMOND HILL IS AN ECUMENICAL CHRISTIAN COMMUNITY WHICH MAINTAINS THE HISTORIC MONTE MARIA MONASTERY AS A PLACE OF HOSPITALITY, HEALING, PRAYER, RACIAL RECONCILIATION, AND SPIRITUAL DEVELOPMENT FOR...

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RICHMOND HILL IS AN ECUMENICAL CHRISTIAN COMMUNITY WHICH MAINTAINS THE HISTORIC MONTE MARIA MONASTERY AS A PLACE OF HOSPITALITY, HEALING, PRAYER, RACIAL RECONCILIATION, AND SPIRITUAL DEVELOPMENT FOR THE COMMUNITY OF METROPOLITAN RICHMOND.

Program 2
Expenses: $200,084

RICHMOND HILL MAINTAINS TWO OUTREACH PROGRAMS THAT PROVIDE DIRECT SERVICE TO THE COMMUNITY. THE ARMSTRONG LEADERSHIP PROGRAM CHALLENGES, DEVELOPS, STIMULATES AND GROWS THE PHYSICAL, EMOTIONAL, MENTAL...

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RICHMOND HILL MAINTAINS TWO OUTREACH PROGRAMS THAT PROVIDE DIRECT SERVICE TO THE COMMUNITY. THE ARMSTRONG LEADERSHIP PROGRAM CHALLENGES, DEVELOPS, STIMULATES AND GROWS THE PHYSICAL, EMOTIONAL, MENTAL AND SPIRITUAL CAPACITY OF A SELECTED COHORT OF 30-40 STUDENTS AT NEARBY ARMSTRONG HIGH SCHOOL. SERVICES INCLUDE LEADERSHIP TRAINING, POST-GRADUATE PREPARATION, MENTORING AND CULTURAL EXPOSURE. THE MICAH INITIATIVE IS A PARTNERSHIP OF FAITH COMMUNITIES WITH ELEMENTARY RICHMOND PUBLIC SCHOOLS THAT ENCOURAGES MENTORING, TUTORING AND VOLUNTEERING THROUGH ITS VIBRANT NETWORK OF MORE THAN 130 FAITH COMMUNITIES AND 23 SCHOOLS, SO THAT EVERY CHILD BELIEVES "I'M VALUABLE."

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $937,039
Program Service Revenue $173,417
Investment Income $105,832
Other Revenue $2,094
TOTAL REVENUE $1,218,382

Expense Breakdown

Grants Paid $0
Salaries & Benefits $534,197
Fundraising Expenses $102,137
Program Expenses $1,159,322
Other Expenses $980,128
TOTAL EXPENSES $1,514,325

Year-over-Year Comparison

2024 2023 Change
Revenue $1,218,382 $1,104,362 +0.1%
Expenses $1,514,325 $1,411,735 +0.1%
Net Income $-295,943 $-307,373 0.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
18
Independent Members
11
Employees
24
Volunteers
132

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
11
$219,348
Total Directors
18
$219,348
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN L TAYLOR III ESQ TREASURER 1.00
Officer Director
$0 $0 $0
CATHY WOODSON SECRETARY 1.00
Officer Director
$0 $0 $0
KATIE JOHNSON PRESIDENT 1.00
Officer Director
$0 $0 $0
BILL WEBER COUNCIL MEMBER 1.00
Director
$0 $0 $0
LORAE PONDER VICE PRESIDENT 40.00
Officer Director
$12,500 $0 $12,500
REV MICAH JACKSON COUNCIL MEMBER 1.00
Director
$0 $0 $0
REV GINA WHITAKER CANNON COUNCIL MEMBER 1.00
Director
$0 $0 $0
REV KATIE HEISHMAN CO-PASTORAL DIRECTOR 40.00
Officer Director
$10,183 $13,037 $23,220
REV KELSEY HAWISHER-FAUL RESIDENTIAL COMMUNITY MEMBER 40.00
Officer Director
$19,875 $2,956 $22,831
DR JERRY GILBERT COUNCIL MEMBER 1.00
Director
$0 $0 $0
DEITRE LYNN JOHNSON COUNCIL MEMBER 1.00
Director
$0 $0 $0
ANGELA CICCOLO COUNCIL MEMBER 1.00
Director
$0 $0 $0
REV JAMIE LYNN HASKINS COUNCIL MEMBER 1.00
Director
$0 $0 $0
REV JOCELYN BLOUNT DIRECTOR OF OPERATIONS 40.00
Officer Director
$31,938 $10,225 $42,163
REV SAM THOMAS ARISPOGU RESIDENTIAL COMMUNITY MEMBER 40.00
Officer Director
$19,875 $10,007 $29,882
REV THOMAS BAYNHAM RESIDENTIAL COMMUNITY MEMBER 40.00
Officer Director
$10,104 $1,435 $11,539
REV SHERYL JOHNSON RESIDENTIAL COMMUNITY MEMBER 40.00
Officer Director
$27,543 $0 $27,543
REV BEN HADLEY-GOGGIN RESIDENTIAL COMMUNITY MEMBER 40.00
Officer Director
$42,012 $7,658 $49,670
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,218,382 $1,514,325 $6,089,407 $-295,943
2023 $1,104,362 $1,411,735 $6,394,127 $-307,373
2022 $1,016,853 $1,481,400 $6,614,102 $-464,547
2021 $1,635,693 $999,396 $7,336,156 $636,297
2020 $988,912 $990,015 $6,693,472 $-1,103
2019 $2,325,227 $1,039,433 $6,607,491 $1,285,794
2018 $1,238,515 $971,236 $5,164,665 $267,279
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