COMMUNITY FOUNDATION OF THE RAPPAH… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

JAMEE ROGERS

Phone

5403739292

Tax Period

2024-07-01 to 2025-06-30

COMMUNITY FOUNDATION OF THE RAPPAHANNOCK RIVER REGION INC, founded in 1997, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $9.4M in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.0M, a strong 53% operating margin.

Mission

THE COMMUNITY FOUNDATION IS A DEVOTED ADVOCATE FOR THE VITALITY AND WELL- BEING OF THE RAPPAHANNOCK RIVER REGION. (CONTINUED IN SCHEDULE O)

Program Service Accomplishments

Program 1

Expenses: $75,288

AS PROUD RESIDENTS OF THE RAPPAHANNOCK RIVER REGION, THE COMMUNITY FOUNDATION SHARES A COMMON VISION: WE LOVE OUR COMMUNITY. WE KNOW THAT STRONG, SUSTAINABLE NONPROFIT ORGANIZATIONS HAVE AN...

AS PROUD RESIDENTS OF THE RAPPAHANNOCK RIVER REGION, THE COMMUNITY FOUNDATION SHARES A COMMON VISION: WE LOVE OUR COMMUNITY. WE KNOW THAT STRONG, SUSTAINABLE NONPROFIT ORGANIZATIONS HAVE AN IMMEASURABLE IMPACT ON THE COMMUNITIES THEY SERVE. OUR LOCAL COMMUNITIES FACE REAL CHALLENGES, AND THE SOLUTIONS ARE NOT SIMPLE, YET WE BELIEVE STRONGLY IN THE VALUE AND THE POTENTIAL OF OUR AREA. THE COMMUNITY FOUNDATION OF THE RAPPAHANNOCK RIVER REGION OFFERS A POWERFUL WAY TO OFFER HELP THROUGH THE COMMUNITY FUND. DIRECTED BY THE FOUNDATION'S BOARD OF GOVERNORS, IT WAS DESIGNED SUCH THAT IT CAN BE RE-TARGETED EACH YEAR IN RESPONSE TO THE MOST PROMISING OPPORTUNITIES FOR IMPACT. (CONTINUED IN SCHEDULE O)

Program 2

Expenses: $247,546

THE COMMUNITY FOUNDATION BELIEVES SUPPORTING EDUCATION IS ONE OF THE GREATEST INVESTMENTS WE CAN MAKE IN OUR COMMUNITY. EACH YEAR, OUR 45+ SCHOLARSHIP FUNDS MAKE AWARDS TO 50+ STUDENTS PURSUING THEIR DREAMS. WE ARE HONORED TO SUPPORT OUR REGION'S YOUTH ON THEIR WAY TO BECOMING OUR FUTURE LEADERS, SCHOLARS AND WORKFORCE. UNDERLYING EVERY COMMUNITY FOUNDATION SCHOLARSHIP FUND IS THE BELIEF THAT HIGHER EDUCATION IS A VITAL INVESTMENT IN OUR REGION'S FUTURE. SCHOLARSHIPS REPRESENT SO MUCH TO OUR AREA'S STUDENTS - THEY ARE A TANGIBLE, FINANCIAL SUPPORT FOR THEIR FUTURES, AND THE DEMONSTRATION THAT THEIR COMMUNITY BELIEVES IN THE IMPORTANCE OF INVESTING IN THE SUCCESS OF OUR AREA'S YOUTH. (CONTINUED IN SCHEDULE O)

Program 3

Expenses: $55,732

IN JANUARY 2021, THE COMMUNITY FOUNDATION ESTABLISHED THE NONPROFIT LEADERSHIP COHORT, A GROUP OF NONPROFITS COMMITTED TO A THRIVING, EQUITABLE AND MORE RESILIENT REGION. OUR FOCUS WAS TO ENHANCE OUR REGIONAL SECTOR'S SHARED EFFECTIVENESS, CAPACITY AND SUSTAINABILITY TO BETTER SERVE THE COMMUNITY. OUT OF THIS WORK CAME THREE PRIORITIES: STRENGTHEN THE CAPACITY OF THE NONPROFITS SERVING OUR REGION THROUGH TRAINING AND PROFESSIONAL DEVELOPMENT; BRING MORE NONPROFIT ORGANIZATIONS TO THE TABLE AND CREATE NEW WAYS TO ENGAGE AND CONNECT AS A SECTOR; AND BUILD AWARENESS ABOUT THE WORK AND IMPACT OF NONPROFITS WITHIN OUR ORGANIZATIONS, AND THROUGHOUT THE COMMUNITY.(CONTINUED IN SCHEDULE O)

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,866,993

Program Service Revenue $0

Investment Income $3,373,513

Other Revenue $138,681

TOTAL REVENUE $9,379,187

Expense Breakdown

Grants Paid $3,285,019

Salaries & Benefits $511,444

Fundraising Expenses $72,365

Program Expenses $4,011,382

Other Expenses $626,383

TOTAL EXPENSES $4,422,846

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,379,187	$4,960,095	+0.9%
Expenses	$4,422,846	$3,573,055	+0.2%
Net Income	$4,956,341	$1,387,040	+2.6%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHARON SCHMIDT	PRESIDENT	3.00	Officer Director	$0	$0	$0
KIMBERLY YOUNG	PRESIDENT-EL	1.50	Officer Director	$0	$0	$0
KRISTIN SHIELDS	SECRETARY	1.50	Officer Director	$0	$0	$0
ANDREW GROSSNICKLE	TREASURER	3.00	Officer Director	$0	$0	$0
PAUL GIAMBRA	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
BILL BOLDON	BOARD MEMBER	1.00	Director	$0	$0	$0
HARRY D DICKINSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JANET GULLICKSON	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHANIE HANCHEY	BOARD MEMBER	1.00	Director	$0	$0	$0
RANDALL O HARRIS	BOARD MEMBER	1.00	Director	$0	$0	$0
GAYLE HOCK	BOARD MEMBER	1.00	Director	$0	$0	$0
TYRONE A LOGAN	BOARD MEMBER	1.00	Director	$0	$0	$0
BENJAMIN R MAXWELL	BOARD MEMBER	1.00	Director	$0	$0	$0
JENN MCGOVERN	BOARD MEMBER	1.00	Director	$0	$0	$0
BROOKE MILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE NORAIR	BOARD MEMBER	1.00	Director	$0	$0	$0
ADDISON POCK	BOARD MEMBER	1.00	Director	$0	$0	$0
REGGIE SAMUEL	BOARD MEMBER	1.00	Director	$0	$0	$0
W ANDREW WITHERS	BOARD MEMBER	1.00	Director	$0	$0	$0
TERI MCNALLY	CHIEF EXEC O	55.00		$181,000	$18,972	$199,972
JAMEE ROGERS	CHIEF EXEC O	N/A	Officer Director	$0	$0	$0

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
2025	$9,379,187	$4,422,846	$64,400,227	$4,956,341
2024	$4,960,095	$3,573,055	$56,073,365	$1,387,040
2023	$3,062,418	$3,121,646	$50,870,554	$-59,228
2022	$12,420,135	$3,110,766	$45,588,387	$9,309,369
2021	$18,462,222	$2,564,355	$46,257,314	$15,897,867
2020	$3,615,065	$2,774,016	$24,307,577	$841,049
2019	$3,773,138	$2,294,640	$24,204,989	$1,478,498

COMMUNITY FOUNDATION OF THE RAPPAHANNOCK RIVER REGION INC