NEW RIVER COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

NEW RIVER COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC

EIN 52-1203686 · Single Organization Support (B11)

What they do

THE NEW RIVER COMMUNITY COLLEGE EDUCATION FOUNDATION, INC (THE FOUNDATION) SERVES AS A CONDUIT for CONTRIBUTIONS THAT PROVIDE SCHOLARSHIP OPPORTUNITIES and TUITION and BOOK ASSISTANCE for STUDENTS, FACULTY, and STAFF, AT NEW RIVER COMMUNITY COLLEGE. THE FOUNDATION RELIES ON THE GENEROSITY of THE COMMUNITY to CONTINUE ITS WORK IN SECURING THE FUTURE of THE COLLEGE, ITS STUDENTS, FACULTY, and STAFF. CONTRIBUTIONS ARE RECEIVED FROM VARIOUS CORPORATIONS and THE GENERAL PUBLIC and ARE AN INVESTMENT IN THE FUTURE of THE COMMUNITY. THROUGH DONATIONS, GRANTS, and ENDOWMENTS, THE FOUNDATION is ABLE to PROVIDE TUITION and TEXTBOOK SCHOLARSHIPS for STUDENTS, FUND ACADEMIC PROGRAMS, and ENCOURAGE THE PROFESSIONAL DEVELOPMENT of NEW RIVER COMMUNITY COLLEGES FACULTY and STAFF. THE FOUNDATIONS WORK HELPS to ENSURE THE COLLEGE CONTINUES ITS PLEDGE of PROVIDING ACADEMIC EXCELLENCE WHILE EXPANDING THE SERVICES IT OFFERS to FULFILL ESCALATING WORKFORCE REQUIREMENTS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders31 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

44.98%of revenue went to mission work92.7% of expenses · Program services

0.62%of revenue went to fundraising1.3% of expenses

$63.43spent for every $100 of revenueRevenue covered expenses this year.

2.92%of revenue went to management and office costs6.0% of expenses

$19.64in assets for every $1 spent this yearSome assets cannot be spent right away.

99.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $34,022 for COVEY ANGELA (DIRECTOR EME). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,891,636

Mission workProgram services$1,750,52944.98% of revenue92.7% of expenses

ManagementOffice and general costs$113,6422.92% of revenue6.0% of expenses

FundraisingAsking for donations$24,3000.62% of revenue1.3% of expenses

Revenue left after expensesReported annual surplus$2,003,16551.47% of revenueShown in gray on the chart

Total expenses$1,888,47148.53% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 92.7% mission · 6.0% management · 1.3% fundraisingTotal expenses: 48.53% of revenue

2023Expense mix: 93.9% mission · 6.1% management · 0.0% fundraisingTotal expenses: 40.35% of revenue

2022Expense mix: 93.8% mission · 6.2% management · 0.0% fundraisingTotal expenses: 55.73% of revenue

2021Expense mix: 93.8% mission · 6.2% management · 0.0% fundraisingTotal expenses: 52.71% of revenue

2020Expense mix: 95.0% mission · 5.0% management · 0.0% fundraisingTotal expenses: 62.62% of revenue

2019Expense mix: 93.4% mission · 6.6% management · 0.0% fundraisingTotal expenses: 48.81% of revenue

2018Expense mix: 90.4% mission · 9.6% management · 0.0% fundraisingTotal expenses: 55.40% of revenue

2017Expense mix: 79.5% mission · 20.5% management · 0.0% fundraisingTotal expenses: 50.78% of revenue

Money in and money out

Revenue$2,977,366

Expenses$1,888,471

Annual surplus $1,088,895 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,750,529 · 92.7% of expenses

Management and office costs$113,642 · 6.0% of expenses

Fundraising$24,300 · 1.3% of expenses

See all reported dollar amounts

Revenue$2,977,366

Expenses$1,888,471

Assets$37,084,186

Income$8,295,965

Contributions$2,949,223

Mission work (program services)$1,750,529

Fundraising$24,300

Management and general$113,642

Stocks and bonds$30,627,190

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

COVEY ANGELADIRECTOR EME · 40 hrs/week $34,022Base · Other $34,022

HUBER PATDIRECTOR EME · 2 hrs/week $33,443Base · Other $33,443

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (31)

COVEY ANGELADIRECTOR EME

HUBER PATDIRECTOR EME

SHELOR LARRYBOARD MEMBER

NICELY HIWATHADIRECTOR EME

OJOMO NITABOARD MEMBER

OVERSTREET WAYLANDDIRECTOR EME

OWENS ANDREWDIRECTOR EME

RAKES JAMESCO-CHAIR, TR

RIDPATH DAVIDBOARD MEMBER

ROBERTSON TODDBOARD MEMBER

MCALISTER JIMBOARD MEMBER

SIMMONS L TDIRECTOR EME

STALLINGS MARTHA ANNBOARD MEMBER

WATSON MICHAELDIRECTOR EME

WEBB LEWISDIRECTOR EME

WELTENS KEITHBOARD MEMBER

WHEELER ANNEDIRECTOR EME

MEADOWS CRAIGBOARD MEMBER

ADEN WILLIAMBOARD MEMBER

LAWHORN EDDIRECTOR EME

KENNEDY DEBORAHINT EXEC DIR

HATCHER VINCEBOARD MEMBER

HANCOCK GARYCO-CHAIR

HALE EDDIEDIRECTOR EME

GRAHAM FLORINEDIRECTOR EME

FLATTERY BILLBOARD MEMBER

EDWARDS RANDALLDIRECTOR EME

DAVIS SANDYBOARD MEMBER

BROWNE KEVINBOARD MEMBER

BROWN JOHNBOARD MEMBER

AKERS DIANEBOARD MEMBER

About this charity

Recognized since: January 1981
Location: 5251 COLLEGE DR, DUBLIN, VA 24084-3660
County: Pulaski
In care of: KENNEDY DEBORAH
Primary officer: KENNEDY DEBORAH, INT EXEC DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailinfo@nr.edu Phone(540) 674-3600

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: COOKE LAVENDER MASSEY & COMPANY PC
NTEE classification: Single Organization Support (B11)
IRS tax category: Single Organization Support