Overview
What is Virginia Capital Trail Foundation?
The Virginia Capital Trail Foundation is a dedicated nonprofit organization situated in Richmond, Virginia. Their primary focus is on advocating for best practices in trail construction and physical enhancements. Their mission is to raise public awareness and garner support for the construction, safe public use, and ongoing improvements of the trail. With a small team of four employees, they strive to promote the trail's development and maintenance, contributing positively to the community and encouraging outdoor activities.
Official website here: www.virginiacapitaltrail.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Virginia Capital Trail Foundation has received a solid Three-Star rating due to its 83% score, indicating a strong performance in accountability and finance. The organization benefits from a fully independent board, which enhances its governance, and demonstrates transparency with a comprehensive set of policies related to conflict of interest and whistleblower protections. Additionally, the foundation has effectively managed its assets, reflected in a low liabilities to assets ratio of 12.47%.
However, while the foundation excels in many areas, it falls short in its program expense ratio, which is at 59.95%. This figure suggests that a significant portion of its expenditures may not be directed towards its mission-related activities, which is a point of concern for potential donors. Continued improvements in program spending could enhance its overall impact and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Capital Trail Foundation legitimate?
Virginia Capital Trail Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Capital Trail Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $90,561
Professional Fundraising Fees: $650
Other Salaries and Wages: $115,904
For more financial information, click here
Official website here: www.virginiacapitaltrail.org
What is the mission statement of Virginia Capital Trail Foundation?
The Virginia Capital Trail Foundation's mission is focused on raising public awareness and garnering support for the construction, safe public use, and ongoing enhancements of the trail. This involves promoting best practices in trail construction and physical enhancements. The organization's primary goal is to ensure the trail's continued development and accessibility for public use.
Official website here: www.virginiacapitaltrail.org
Who is the CEO of Virginia Capital Trail Foundation?
Jack Berry is the Immediate Past-Chair of Virginia Capital Trail Foundation.
Official website here: www.virginiacapitaltrail.org
What is the revenue of Virginia Capital Trail Foundation?
Virginia Capital Trail Foundation's revenue in 2022 was $504,654.
Official website here: www.virginiacapitaltrail.org
Who are the executives of Virginia Capital Trail Foundation and what are their salaries?
The average compensation at Virginia Capital Trail Foundation during 2022 was $51,616. There are 4 employees and 686 volunteers at Virginia Capital Trail Foundation.
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Official website here: www.virginiacapitaltrail.org
Where can I find the form 990 for Virginia Capital Trail Foundation?
Virginia Capital Trail Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.virginiacapitaltrail.org
Learn more at the official website: www.virginiacapitaltrail.org
Mission Statement of Virginia Capital Trail Foundation
Virginia Capital Trail Foundation is committed to raising public awareness and fostering support for the construction, safe public use, and ongoing enhancements of the Virginia Capital Trail. Their mission is to promote best practices for trail construction and physical enhancements, ensuring the trail remains a valuable resource for the community. By advocating for this cause, the foundation seeks to encourage public engagement and investment in the trail's development and maintenance.
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Impact
July, 2024
The Virginia Capital Trail Foundation has made a significant impact by raising public awareness and promoting support for the construction, safe public use, and ongoing enhancements of the trail. Through its efforts, the foundation has facilitated the promotion of best practices for trail construction and physical enhancements, contributing to the overall improvement of the trail experience for residents and visitors alike. The foundation's work in Richmond, VA, has not only enhanced recreational opportunities but also fostered a greater sense of community engagement and appreciation for outdoor spaces.
This information is meant to be a general summary of Virginia Capital Trail Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $769
- Gross Receipts: $574,797
Assets and Liabilities:
- Total Assets: $644,271
- Total Liabilities: $80,371
- Net Assets: $563,900
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Organization Details
Founding Year
2004
Phone
(804) 240-8787Principal Officer
Jack Berry
Main Address
200 SOUTH 3RD STREET, RICHMOND, VA, 23219
Website
www.virginiacapitaltrail.orgNTEE Category
Code: N32 - Recreation
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