HEADWATERS THE RAPPAHANNOCK COUNTY… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

CHRISTIAN C DUTILH

Phone

5402275170

Tax Period

2024-07-01 to 2025-06-30

HEADWATERS THE RAPPAHANNOCK COUNTY PUBLIC EDUCATION FOUNDATION INC, founded in 1997, is a small nonprofit in the Education sector that reported $883K in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $307K, a strong 35% operating margin.

Mission

HEADWATERS SUPPORTS STUDENTS AND TEACHERS IN RAPPAHANNOCK COUNTY PUBLIC SCHOOLS WITH ENRICHING PROGRAMS AND OPPORTUNITIES TO SUCCEED.

Program Service Accomplishments

Program 1

Expenses: $6,040 Revenue: $0

COLLEGE & CAREER ACCESS PROGRAM - PROVIDES STUDENTS WITH THE RESOURCES THEY NEED TO CREATE AND CARRY OUT THE COLLEGE, VOCATIONAL SCHOOL, OR CAREER PLAN THAT WILL HELP THEM LEAD MEANINGFUL...

COLLEGE & CAREER ACCESS PROGRAM - PROVIDES STUDENTS WITH THE RESOURCES THEY NEED TO CREATE AND CARRY OUT THE COLLEGE, VOCATIONAL SCHOOL, OR CAREER PLAN THAT WILL HELP THEM LEAD MEANINGFUL, PRODUCTIVE, AND SUCCESSFUL LIVES AFTER HIGH SCHOOL.

Program 2

Expenses: $81,274 Revenue: $0

AFTER SCHOOL ENRICHMENT PROGRAM OFFERS HEALTHY AND DIVERSE OPPORTUNITIES FOR SOCIAL, EDUCATIONAL, AND EMOTIONAL DEVELOPMENT OUTSIDE OUTSIDE OF THE TRADITIONAL SCHOOL DAY.

Program 3

Expenses: $99,967 Revenue: $0

SCHOLARSHIPS AND GRANTS AWARDED TO RAPPAHANNOCK COUNTY STUDENTS AND EDUCATORS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $805,300

Program Service Revenue $20,861

Investment Income $56,732

Other Revenue $0

TOTAL REVENUE $882,893

Expense Breakdown

Grants Paid $105,467

Salaries & Benefits $270,139

Fundraising Expenses $10,839

Program Expenses $404,675

Other Expenses $199,862

TOTAL EXPENSES $575,468

Year-over-Year Comparison

	2024	2023	Change
Revenue	$882,893	$577,872	+0.5%
Expenses	$575,468	$513,478	+0.1%
Net Income	$307,425	$64,394	+3.8%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$67,695

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE RIDDER	CHAIRMAN	2.00	Officer Director	$0	$0	$0
EDITH TATEL	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
KATHRYN HABIB	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRISTIAN C DUTILH	TREASURER	2.00	Officer Director	$0	$0	$0
HOPE DUNN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
PRISCILLA GOODWIN	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA SHAVATT	DIRECTOR	1.00	Director	$0	$0	$0
ANNE YEOMAN	TRUSTEE	1.00	Director	$0	$0	$0
N/A	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM DANT	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY CZEKAJ	DIRECTOR	1.00	Director	$0	$0	$0
AMBER MONTGOMERY	EXECUTIVE DIRECTOR	40.00	Key Emp	$21,538	$1,944	$23,482
CLAIRE SCHADLER	PREVIOUS EXECUTIVE DIRECTOR	40.00	Key Emp	$40,923	$3,290	$44,213

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	$882,893	$575,468	$1,607,143	$307,425
2024	$582,872	$513,478	$1,355,886	$69,394
2023	$631,320	$561,527	$1,227,428	$69,793
2022	$581,079	$521,978	$1,101,265	$59,101
2021	$385,308	$361,960	$1,322,730	$23,348
2020	$355,098	$366,713	$1,015,747	$-11,615
2019	$320,854	$360,866	$1,170,914	$-40,012
2018	$315,052	$334,308	$1,180,999	$-19,256

HEADWATERS THE RAPPAHANNOCK COUNTY PUBLIC EDUCATION FOUNDATION INC