HENRICO EDUCATION FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

HENRICO EDUCATION FOUNDATION INC

EIN 54-1893274 · Scholarships & Student Financial Aid (B82)

What they do

THE MISSION of THE HENRICO EDUCATION FOUNDATION (HEF) is to STRENGTHEN PUBLIC EDUCATION BY ADVANCING INNOVATIVE PROGRAMS and INITIATIVES DESIGNED to IMPROVE STUDENT ACHIEVEMENT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $66.70 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 leaders23 people are listed in the latest report.

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

Money made simple

64.05%of revenue went to mission work66.7% of expenses · Program services

10.04%of revenue went to fundraising10.5% of expenses

$96.00spent for every $100 of revenueRevenue covered expenses this year.

21.91%of revenue went to management and office costs22.8% of expenses

$0.63in assets for every $1 spent this yearSome assets cannot be spent right away.

65.9%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 $168,265 for DAMON JIGGETTS (CHIEF EXECUTIVE OFFICER). 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$8,057,484

Mission workProgram services$5,160,93764.05% of revenue66.7% of expenses

ManagementOffice and general costs$1,765,70521.91% of revenue22.8% of expenses

FundraisingAsking for donations$808,78210.04% of revenue10.5% of expenses

Revenue left after expensesReported annual surplus$322,0604.00% of revenueShown in gray on the chart

Total expenses$7,735,42496.00% 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: 66.7% mission · 22.8% management · 10.5% fundraisingTotal expenses: 96.00% of revenue

2023Expense mix: 72.9% mission · 19.0% management · 8.1% fundraisingTotal expenses: 93.49% of revenue

2022Expense mix: 88.7% mission · 7.7% management · 3.6% fundraisingTotal expenses: 97.70% of revenue

2021Expense mix: 91.1% mission · 6.0% management · 2.9% fundraisingTotal expenses: 85.04% of revenue

2020Expense mix: 90.7% mission · 4.5% management · 4.8% fundraisingTotal expenses: 88.79% of revenue

2019Expense mix: 87.7% mission · 6.1% management · 6.2% fundraisingTotal expenses: 95.78% of revenue

2018Expense mix: 84.7% mission · 5.8% management · 9.5% fundraisingTotal expenses: 102.73% of revenue

2017Expense mix: 89.1% mission · 4.2% management · 6.7% fundraisingTotal expenses: 87.64% of revenue

Money in and money out

Revenue$8,057,484

Expenses$7,735,424

Annual surplus $322,060 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)$5,160,937 · 66.7% of expenses

Management and office costs$1,765,705 · 22.8% of expenses

Fundraising$808,782 · 10.5% of expenses

See all reported dollar amounts

Revenue$8,057,484

Expenses$7,735,424

Assets$4,907,285

Income$8,164,624

Contributions$5,313,890

Mission work (program services)$5,160,937

Fundraising$808,782

Grants given$8,618,899

Average grant$957,655

Management and general$1,765,705

Executive compensation (total)$90,897

Accounting fees$883

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

DAMON JIGGETTSCHIEF EXECUTIVE OFFICER · 50 hrs/week $168,265

ROBIN ROWLANDCHIEF OPERATING OFFICER · 50 hrs/week $119,640

JACOB SHIVELYCHIEF DEVELOPMENT OFFICER · 50 hrs/week $115,953

AMY BURKECHIEF HUMAN RESOURCES OFFI · 50 hrs/week $95,281

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 (23)

DAMON JIGGETTSCHIEF EXECUTIVE OFFICER

ROBIN ROWLANDCHIEF OPERATING OFFICER

JACOB SHIVELYCHIEF DEVELOPMENT OFFICER

AMY BURKECHIEF HUMAN RESOURCES OFFI

TERONE GREENDIRECTOR

ADAM SMITHCHAIR

STEPHEN HALSEYDIRECTOR

STEPHANIE DANIELDIRECTOR

RENEE FISHERDIRECTOR

RAJBANS JOSHIDIRECTOR

MICKY OGBURNVICE CHAIR

MICHELLE MCQUEEN-WILLIAMSDIRECTOR

KIM SUTTONTREASURER

JESSICA BRAUMDIRECTOR

JENNIFER CULHANEDIRECTOR

EBONIE ATKINSDIRECTOR

DEBORAH JONASDIRECTOR

DAN BERLINDIRECTOR

CHASITY MILLERSECRETARY

CEDRIC GREENDIRECTOR

BLAKE HODGESDIRECTOR

ANNE POATESDIRECTOR

AMY BOYLEDIRECTOR

About this charity

Recognized since: January 1993
Location: PO BOX 31413, HENRICO, VA 23294
County: Henrico
In care of: JENNIFER BOYLE
Primary officer: JENNIFER BOYLE, CEO

How to reach them

WebsiteVisit the charity’s website Phone(804) 877-9400

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KEITER STEPHENS HURST GARY & SHREAVES
NTEE classification: Scholarships & Student Financial Aid (B82)
IRS tax category: Scholarships & Student Financial Aid
Grant-giving organization: Yes