Overview
What is Rappahannock Foundation Inc?
Rappahannock Foundation Inc, located in Kilmarnock, Virginia, serves as a nonprofit organization primarily focused on providing educational and entertaining music experiences to the general public. This includes organizing various music events and staging productions. In addition, the foundation extends its reach to secondary and high school students by offering tailored educational programs. With a small team of dedicated individuals, Rappahannock Foundation Inc aims to enrich the community through its unique blend of music and education.
Official website here: www.rappahannockfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Rappahannock Foundation Inc has received an overall score of 83%, reflecting a strong performance in accountability and finance. The organization boasts a fully independent board with all 16 members meeting this criterion, which enhances its governance quality. Additionally, it demonstrates a solid program expense ratio of 90.03%, indicating that a significant portion of its funding is directed towards its programs rather than administrative costs.
Despite these strengths, there are notable areas for improvement. The charity lacks a whistleblower policy and a document retention and destruction policy, which are essential for maintaining transparency and accountability. Furthermore, their tax forms are not posted on the nonprofit's website, which may limit accessibility for potential donors and stakeholders seeking information about the organization's financial practices.
Overall, while Rappahannock Foundation Inc exhibits strong financial management and a commitment to its mission, addressing the identified gaps in policies could enhance its transparency and overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Rappahannock Foundation Inc legitimate?
Rappahannock Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rappahannock Foundation Inc 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: $21,190
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.rappahannockfoundation.org
What is the mission statement of Rappahannock Foundation Inc?
The Rappahannock Foundation Inc's mission revolves around bringing engaging and instructive music activities to the public. These activities serve a dual purpose, both as an educational tool and a source of entertainment. Furthermore, the foundation stages productions tailored for secondary and high school education programs. In essence, the foundation seeks to enrich the community through music, providing educational opportunities for students and entertaining events for the general public.
Official website here: www.rappahannockfoundation.org
Who is the CEO of Rappahannock Foundation Inc?
Valarie T Hayden is the President of Rappahannock Foundation Inc.
Official website here: www.rappahannockfoundation.org
What is the revenue of Rappahannock Foundation Inc?
Rappahannock Foundation Inc's revenue in 2023 was $147,089.
Official website here: www.rappahannockfoundation.org
Who are the executives of Rappahannock Foundation Inc and what are their salaries?
The average compensation at Rappahannock Foundation Inc during 2023 was $21,190. There is 1 employee and 19 volunteers at Rappahannock Foundation Inc.
Here are 16 key members and their salaries:
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Official website here: www.rappahannockfoundation.org
Where can I find the form 990 for Rappahannock Foundation Inc?
Rappahannock Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rappahannockfoundation.org
Learn more at the official website: www.rappahannockfoundation.org
Mission Statement of Rappahannock Foundation Inc
Rappahannock Foundation Inc is dedicated to enriching the community through music-related activities that are both educational and entertaining. This nonprofit organization extends its reach to the general public, providing them with various music events that stimulate learning and delight. Beyond this, Rappahannock Foundation Inc also stages productions tailored for secondary and high school education programs, further fostering musical education and appreciation among the younger generation.
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Impact
October, 2024
Rappahannock Foundation Inc significantly enhances the cultural landscape of Kilmarnock, VA, by providing educational and entertaining music activities to the general public. Through a variety of concerts, the foundation enriches the community's access to the performing arts, creating an inclusive environment where individuals of all ages can engage with music.
Additionally, the foundation stages educational productions aimed at secondary and high school students, fostering a deeper appreciation for the arts among young audiences. These programs not only serve to entertain but also play a key role in the artistic education of students, helping to cultivate future generations of musicians and performers. Overall, Rappahannock Foundation Inc is instrumental in promoting a vibrant cultural scene that benefits both individuals and the community as a whole.
This information is meant to be a general summary of Rappahannock Foundation Inc. 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 2023.
- Investment Income: -$9,448
- Program Service Revenue: $86,071
- Gross Receipts: $163,308
Assets and Liabilities:
- Total Assets: $587,446
- Total Liabilities: $1,727
- Net Assets: $585,719
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONCERTS AND PLAYS
Revenue
$86,071
Organization Details
Founding Year
1986
Phone
(804) 438-5555Principal Officer
Valarie T Hayden
Main Address
PO BOX 459, KILMARNOCK, VA, 22482
NTEE Category
Code: Z99 - Unknown
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