FREDERICKSBURG REGIONAL ALLIANCE INC

EIN: 541961653 Community Improvement

FREDERICKSBURG, VA

Total Revenue
$754,104
Total Expenses
$742,638
Total Assets
$602,113
Net Assets
$414,634
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
VA
Principal Officer
CURRY ROBERTS
Phone
5406317379
Tax Period
2022-07-01 to 2023-06-30

FREDERICKSBURG REGIONAL ALLIANCE INC, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $711K in total revenue in fiscal year 2018. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO ATTRACT AND MAINTAIN QUALITY PROFESSIONAL BUSINESS ORGANIZATIONS INTO THE AREA THROUGH VARIOUS PROMOTIONAL ACTIVITIES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $751,399
Program Service Revenue $0
Investment Income $1,888
Other Revenue $817
TOTAL REVENUE $754,104

Expense Breakdown

Grants Paid $0
Salaries & Benefits $492,113
Fundraising Expenses $0
Program Expenses $501,691
Other Expenses $250,525
TOTAL EXPENSES $742,638

Year-over-Year Comparison

2022 2021 Change
Revenue $754,104 $764,290 0.0%
Expenses $742,638 $702,058 +0.1%
Net Income $11,466 $62,232 -0.8%
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

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Governance

Voting Members
20
Independent Members
20
Employees
3
Volunteers
N/A

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
6
$217,650
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LLOYD HARRISON CHAIR 1.00
Officer Director
$0 $0 $0
CHARLES PAYNE JR VICE CHAIR 1.00
Officer Director
$0 $0 $0
DR TIM O'DONNELL TREASURER 1.00
Officer Director
$0 $0 $0
DR JANET GULLICKSON SECRETARY 1.00
Officer Director
$0 $0 $0
MARGARET HARDY GENERAL COUN 1.00
Officer Director
$0 $0 $0
FLOYD THOMAS BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN HEWA BOARD MEMBER 1.00
Director
$0 $0 $0
TIM MCLAUGHLIN BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC FLETCHER BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD GRANGER BOARD MEMBER 1.00
Director
$0 $0 $0
MARY-KATHERINE GREENLAW BOARD MEMBER 1.00
Director
$0 $0 $0
JON RILEY BOARD MEMBER 1.00
Director
$0 $0 $0
CHRIS SIONS BOARD MEMBER 1.00
Director
$0 $0 $0
PETE HUMES BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN KINGSLEY BOARD MEMBER 1.00
Director
$0 $0 $0
SAM PROCTOR BOARD MEMBER 1.00
Director
$0 $0 $0
JOEL GRIFFIN BOARD MEMBER 1.00
Director
$0 $0 $0
CAPT PHILIP MLYNARSKI BOARD MEMBER 1.00
Director
$0 $0 $0
TOM COEN BOARD MEMBER 1.00
Director
$0 $0 $0
PAM YEUNG BOARD MEMBER 1.00
Director
$0 $0 $0
CURRY ROBERTS PRESIDENT 40.00
Officer
$217,650 $0 $217,650
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 No data No data No data No data
2024 No data No data No data No data
2023 $754,104 $742,638 $602,113 $11,466
2022 $764,290 $702,058 $599,095 $62,232
2021 $660,234 $675,714 $546,716 $-15,480
2020 $712,661 $604,426 $563,168 $108,235
2019 $711,389 $757,101 $294,980 $-45,712
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